The Uncirculated 2016-W American Eagle silver dollar only went on
sale Dec. 1, each with its mandated 30TH ANNIVERSARY edge adornment.
The late sale date, however, doesn’t guarantee the coin a low mintage.
Coins still in U.S. Mint inventory by Dec. 31 will continue to be
offered in calendar year 2017, while supplies last or until the
product is pulled from sale.
The first day of sales totaled 126,902 coins, according to U.S. Mint
spokesman Michael White on Dec. 2.
White said earlier that nothing prohibits the bureau from offering
the 2016 coins in 2017. The West Point Mint where the American Eagle
silver dollars are struck, however, is prohibited from striking any of
the 2016 coins after Dec. 31.
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The individual Uncirculated 2016-W American Eagle silver dollars
went on sale at noon Eastern Time Dec. 1 at $44.95 per coin. In
addition to the individual offering, the coin is offered in the 2016
Annual Uncirculated Dollar Coin set, scheduled to go on sale at noon
Eastern Time Dec. 14 at $49.95. Both numismatic products options are
offered with no mintage limit or household ordering restriction.
First day sales for each of the two numismatic products will include
orders placed through the U.S. Mint’s Enrollment Program, along with
the products ordered on the scheduled opening day of sales.
The Uncirculated 2016-W American Eagle silver dollars went into
production at the West Point Mint Aug. 30, White said.
Release of both numismatic products containing the Uncirculated
2016-W American Eagle silver dollar is months behind the release of
similar products for 2015.
The individual Uncirculated 2015-W coins went on sale March 26,
2015, at $39.95, and the 2015 Annual Uncirculated Dollar Coin set was
first offered June 16, at $46.95 per set.
The delay in the release of the 2016-W coins is tied to the December
2015 passage of legislation that mandated adding an edge inscription
recognizing the 30th anniversary of the American Eagle silver dollar series.
The incuse edge inscription appears not only on the Uncirculated
version, but also on the Proof versions. For both issues the remainder
of the edge is plain beyond the inscription.
The edge of the 2016 American Eagle silver bullion coin is reeded
and the coin carries no special celebratory device.
The late release of the Uncirculated 2016-W American Eagle silver
dollar products prompted some collectors to speculate that the
combined mintage from sales of both sets could be lower than that for
2013, which recorded a series low of 221,981 coins.
White said U.S. Mint officials do not plan to disclose how many
Uncirculated 2016-W American Eagle silver dollars the Mint will strike
through Dec. 31.
The U.S. Mint introduced the Uncirculated finish on the 1-ounce
silver and gold American Eagles in 2006, to mark the 20th anniversary
for both series.