Comments on: 2013-W $5 Proof American Gold Eagle Sells Out

By: RonnieBGood

RonnieBGood — Tue, 21 Jan 2014 16:53:54 +0000

The Mint calls their testing coins “nonsense” coins and the copper coated nickels are called “Coppertoned Nonsense Nickels”. They are experimenting because the cost of the penny and the nickel production cost the US government 104.5 million last year!

By: RonnieBGood

RonnieBGood — Tue, 21 Jan 2014 16:43:53 +0000

MunZen – I have read several articles and seen several video news articles on the subject of changing coin compositions. Congress is asking to reduce cost and the Mint is experimenting. The composition you question was in Money magazine. Here is a related article from the Wall Street Journal: http://online.wsj.com/news/articles/SB10001424052702304419104579324744258339068?KEYWORDS=us+mint+coins&mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702304419104579324744258339068.html%3FKEYWORDS%3Dus%2Bmint%2Bcoins

By: Munzen

Munzen — Sat, 18 Jan 2014 21:34:16 +0000

Uh, “a nickel that looks like a penny in color”? Sources?
The only proposals I’ve seen are to change the composition to plated steel, similar to the approach taken in Canada.

By: jimmy

jimmy — Sat, 18 Jan 2014 03:38:06 +0000

the 2013 quarter ounce gold might be a key date for american eagle gold proof series.

By: RonnieBGood

RonnieBGood — Fri, 17 Jan 2014 02:15:13 +0000

The Mint is busy researching ways to reduce the cost of producing the Penny and the Nickel. One is a Nickel that looks like a Penny in color. Waiting for your article on this one Mike.

By: dr.U

dr.U — Fri, 17 Jan 2014 00:18:49 +0000

US Mint needs to get their act together – it’s not like they weren’t aware that demand is through the roof and off the charts. Hire some more people – the unemployment level is up at 24% now, surely you can find somebody qualified to run the press, update the website, and pack boxes?! I’m hinting that they’re incompetent but really what they are is corrupt. They don’t WANT to sell more precious metals. They don’t need the dollars, they can print those off for free. What they want is the metal, and they don’t want the people to have it.

By: Mike Unser

Mike Unser — Thu, 16 Jan 2014 07:58:28 +0000

I expect the Mint is a bit busier than normal because of a quarterly inventory, coupled with end of year/new year stuff.

By: springer pup

springer pup — Thu, 16 Jan 2014 07:43:58 +0000

As Jimmy says we are waiting on the weekly sales report from the mint. I’ve been checking their web page and it was due out by 5:00pm Tuesday, does anyone know why they did not meet the deadline? Sales thru Sunday 1/12/14 should have been posted. Reasons for the delay would be interesting, maybe they were all packing and shipping silver eagles and to busy to count.

By: jimmy

jimmy — Thu, 16 Jan 2014 01:26:51 +0000

we need the latest sales report from the mint.