Sales by the United States Mint of the long-awaited five-coin 2011
American Eagle 25th Anniversary Silver Coin set are scheduled to begin
at noon Eastern Time Oct. 27, Mint officials announced Oct. 12.
Production for the maximum mintage of 100,000 five-coin 25th
Anniversary Silver sets, which include a Reverse Proof coin, has been
completed, with the San Francisco Mint expected to assemble the coins
— already placed in plastic capsules — into sets beginning at the end
of October. Shipping of the sets is expected to begin in late November.
No pricing information had been released as of Oct. 14. The U.S.
Mint will impose an ordering limit of five sets per household.
(An in-depth examination of the American Eagle silver dollar will
appear in the Nov. 7 Coin World Special Edition.)
Tom Jurkowsky, director of the U.S. Mint’s Office of Public
Affairs, said Oct. 12 that the production of the coins at the West
Point Mint in New York, the San Francisco Mint and the Philadelphia
Mint was sufficient to satisfy the maximum release of 100,000 sets.
The set will contain:
➤ One Proof 2011-W coin bearing the W Mint mark of the West Point
Mint in New York. This coin is identical to the Proof 2011-W coin
being sold singly. The Proof American Eagles for the set were struck
in late August and September.
➤ One Reverse Proof 2011-P coin struck at the Philadelphia Mint
with the P Mint mark. It is not available singly. The coin will
feature a frosted background with polished, mirrorlike design elements
and foreground. It will carry the same finish that was used for the
Reverse Proof coins in the three-coin 1-ounce gold and silver American
Eagle 20th Anniversary sets in 2006, and in the two-coin 10th
Anniversary platinum set in 2007. The 2011-P coins were struck in late
August and September.
➤ One Uncirculated 2011-S coin struck with the S Mint mark of the
San Francisco Mint, exhibiting the finish introduced in 2006 and
called “Burnished Uncirculated” by hobbyists. This coin will not be
available singly. The pieces were struck in September and October.
➤ One Uncirculated 2011-W coin struck at the West Point Mint
bearing the same finish as used on the Uncirculated San Francisco Mint
strikes. It is identical to the coin already being offered singly.
Coins for the set were struck in late August and September.
➤ One bullion coin struck without a Mint mark at the San Francisco
Mint, identical to all of the other 2011 bullion coins. When U.S. Mint
Deputy Director Richard Peterson announced the set during an Aug. 19
collector forum at the American Numismatic Association’s World’s Fair
of Money in Rosemont, Ill., he said that the bullion version would be
struck at either the West Point or San Francisco Mint, with no
designation made identifying the Mint facility producing the bullion
version in the set.
U.S. Mint officials decided that all bullion coin production for
the set would be conducted at the San Francisco facility. The San
Francisco Mint resumed production of the American Eagle silver bullion
coin for the first time in 10 years in May 2011 to relieve the
production strain at the West Point Mint in meeting investment demand
for the silver bullion coins.
Jurkowsky said Oct. 12 that to achieve the finishes on the Reverse
Proof version, “The entire die face is brilliantly polished using hand
and auto-polishing techniques, the flat field area on the die is then
textured using a laser finishing system and the detail and artwork
remain polished. The dies are then coated with chrome-nitride that is
applied using a physical vapor deposition process.”
All five coins for the American Eagle 25th Anniversary Silver Coin
set will be mounted in one custom-designed, highly polished, lacquered
hardwood presentation case accompanied by a certificate of authenticity.
As with all products containing precious metals, pricing will be
set as close as possible to the release date and is subject to change
throughout the life of the program.
The American Eagle silver bullion coin was introduced in November