US Mint to Discontinue Some
 

http://mintnewsblog.blogspot.com/200...-by-60_10.html

Monday, November 10, 2008
US Mint Cuts Product Offerings by 60%


In a bold move, the United States Mint announced that they will be slashing the number of product offerings available for sale. The number of products will decline from the current level of 550 to a more manageable 200 items.

The move comes in response to complaints from collectors that the Mint is offering too many products. The 2009 portfolio of products will realign the Mint to producing and selling its core products with the broadest appeal.

The extent of discontinued products is shocking. It includes a large array of bullion related products, eliminating nearly all American Buffalo Gold offerings, nearly all Platinum Eagle offerings, and the fractional Uncirculated Gold Eagle offerings. This is a major retrenchment from the array of "collectible" bullion coins currently offered by the US Mint.

. . .

The list of discontinued products includes:

* American Buffalo Uncirculated Gold Coins - These are the versions offered by the US Mint with the "W" mint mark. All fractional denominations, 4 coin set, and the one ounce coin will be discontinued. No offerings will remain.
* American Buffalo Proof Gold Coins - The fractional 1/2 oz, 1/4 oz, 1/10 oz coins and 4 coin set will be discontinued. Only the one ounce Proof coin will remain.
* American Platinum Eagle Uncirculated Coins - These are the versions offered by the US Mint with the "W" mint mark. All fractional denominations, 4 coin set, and the one ounce coin will be discontinued. No offerings will remain.
* American Platinum Eagle Proof Coins - The fractional 1/2 oz, 1/4 oz, 1/10 oz coins and 4 coin set will be discontinued. Only the one ounce Proof coin will remain.
* American Gold Eagle Uncirculated Coins - These are the versions offered by the US Mint with the "W" mint mark. The fractional 1/2 oz, 1/4 oz, 1/10 oz coins and 4 coin set will be discontinued. Only the one ounce Proof coin will remain.
(more at link - info also found at US Mint Site Pressroom)


If they discontinue the AGE uncirculated fractionals with the "W" mintmark, will this not in the long run increase the value of the existing coins in this series?

Re: US Mint to Discontinue Some
 

"American Gold Eagle Uncirculated Coins - These are the versions offered by the US Mint with the "W" mint mark. The fractional 1/2 oz, 1/4 oz, 1/10 oz coins and 4 coin set will be discontinued. Only the one ounce Proof coin will remain."

I guess they are getting tired of the PM swings too...



"The move comes in response to complaints from collectors that the Mint is offering too many products."

Who would complain about having to many things to buy??

Re: US Mint to Discontinue Some
 

My guess is people who by EVERYTHING the Mint produces.

Re: US Mint to Discontinue Some
 

I'm not a numismatic person, but doesn't the W mark have more collector value usually?

Re: US Mint to Discontinue Some
 

To be honest im not really sure...I think so


Nevermind I remeber now that the mint considering the coins we buy from the dealers circulated...