The United States Mint will soon release the 2011 Gold Eagle and 2011 Silver Eagle bullion coins. The newly dated coins featuring the classic designs of Adolph A. Weinman and Augustus Saint Gaudens are on the minds of many collectors when the calendar turns over.
Last year, the release of the newly dated coins was delayed for several weeks. Near the end of 2009, heavy bullion demand caused the US Mint to continue striking the 2009-dated coins until the end of the year. The 2010-dated coins were not produced and available for sale until January 19.
This year, there will be no such problem with the one ounce 2011 Gold Eagle and Silver Eagles available to authorized purchasers on January 3, 2011. It is possible that some remaining inventory of prior year coins will remain, and these will be sold to AP’s into the new year.
For 2010, the American Silver Eagle bullion coins set another record for annual sales. This took place amidst a 75% jump in the silver price and an awakening realization about the investment potential of the other precious metal. It will be telling to see if the 2011 Silver Eagle continues with the string of new records for annual sales. Will next year be the year of silver?
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[...] start compared to other recent years. Since the US Mint opened orders for authorized purchasers on January 3, 2011, sales of 14,000 ounces have been reached. As gold investment continues to experience elevated [...]