Comments on: 2016 Shawnee 5 Oz Silver Uncirculated Coin Released

By: Michelle L Powell

Michelle L Powell — Sat, 16 Jul 2016 22:46:02 +0000

I was looking in my change and I have one that has a p under in god we trust.. only thing I’m missing is the writing on edges. Is mine a collector

By: Thomas McReynolds

Thomas McReynolds — Fri, 22 Apr 2016 15:09:45 +0000

They don’t change the price because silver still backs the dollar supposedly. But they will sure manipulate the price for the stock market so they can keep the dollar up there.The dollar is just a piece of paper now nothing more its really not worth anything. All they do is let the rich get richer me and my wife are middle class and that’s where they want to keep people. There would be nothing wrong with the economy if they were just honest people but no they want more have enough money to live the rest of your life and it still isn’t enough. You can’t take it with you and then you get mad. When they want to raise your taxes if I have millions of dollars go ahead why should it bother you. You people need to live paycheck to paycheck for about a year and you would be happy with what you have!

By: Seth Riesling

Seth Riesling — Sun, 28 Feb 2016 03:49:46 +0000

Tim –

You are very welcome Sir. I have been involved in all aspects of the numismatic hobby/industry/science for 40 years now (collector, part-time dealer in college, investor, researcher/journalist) & I enjoy sharing information & learning from others here. “It takes a village” as the old saying goes. We share a common interest & I will attempt to answer any numismatic questions or refer you to a book or someone or some collector specialist group that can get the answers.

Best Wishes Tim!

-NumisDudeTX

By: Tim

Tim — Sun, 28 Feb 2016 02:38:43 +0000

In reply to Seth Riesling. Seth, thank you very much for the info. I am so addicted to coin and bullion collecting that every bit of info that I learn helps. Thanks again.

By: Seth Riesling

Seth Riesling — Sun, 28 Feb 2016 01:05:31 +0000

Tim –

Welcome to the largest Mint in the world & it’s Congress-approved schemes for bullion version coins. Even last year when silver hit a 6-year low price, the Mint didn’t lower a single price of a silver coin or set containing silver coins! It has a very fair pricing grid for all of its gold & platinum coins and can raise & lower prices weekly, but there has never been a similar pricing grid for its silver coins & they will not say why publicly (I know why privately, but it would be refreshing to hear them say why publicly to collectors/dealers/investors who keep them in business & allow their numismatic programs to operate at no cost to the U.S. taxpayers!)

Be careful purchasing bullion version U.S Mint coins Tim from dealers (there are high-quality counterfeit 5-ounce ATB “pucks” out there from China). The bullion versions coins in silver, gold & platinum do not come in special U.S. Mint individual packaging & do NOT come with a U.S. Mint certificate of authenticity like their numismatic program coins come with.

-NumisDudeTX

By: Tim

Tim — Sat, 27 Feb 2016 23:25:27 +0000

In reply to Seth Riesling. Unbelievable . With silver being so low right now the mint needs to lower the price on the 5 ounce uncirculated ATB coin. Thanks for the infi

By: Seth Riesling

Seth Riesling — Sat, 27 Feb 2016 20:01:44 +0000

Tim –

Believe it or not, but the U.S. Mint has an official list of only 13 companies in the world who are registered & approved to purchase the Mint’s silver, gold & platinum bullion version coins. The APs pay only $2 per coin plus spot price of silver for the 1-oz silver American Eagle bullion version $1 coins & pay only $9.75 per coin (not per ounce) plus spot price of silver for the 5-ounce ATB silver quarter dollar bullion version coins. It is an unbelievable monopoly the U.S. government gives these 13 companies!
I am republishing my post from February 22 of those 13 companies here on this CoinNews coin blog website under the precious metals report published on this website today Saturday February 27.

Happy bullion coin collecting/investing Tim!

-NumisDudeTX

By: Tim

Tim — Sat, 27 Feb 2016 16:00:50 +0000

Hello I dont understand how the mint sells the 5 ounce bullion coin to authorized distributors for $9.75 per coin plus spot. Is it 9.75 a ounce plus spot for each ounce up to 5 ounces ? thank you.

By: Dale

Dale — Fri, 26 Feb 2016 14:47:02 +0000

The U.S. Mint reserves the right to tweak the mintages based on demand levels.

By: Seth Riesling

Seth Riesling — Fri, 26 Feb 2016 00:21:45 +0000

Mike Unser –

Thanks for the great quality photos & stats on this popular coin series. Just one suggestion: can you please add a bullet point at the end of the article in the section about the bullion version as follows:

· does not ship with a U.S. Mint certificate of authenticity

Thanks Mr. Unser!

Whistler –

As this article states & per the Mint’s press release about a week ago, the expected mintage of the “P” Mint mark version 2016 5-oz silver ATB coins is only 30,000 at the most. Still a low mintage coin!

Happy collecting everyone !

-NumisDudeTX