Price Drops for Numismatic Silver Coins from US Mint

Effective today, Tuesday, December 27, 2011, the United States Mint adjusted the price down on several of its currently available silver numismatic products. This price decrease affects the 2011 Uncirculated American Silver Eagle and the four currently available America the Beautiful Five Ounce Silver Uncirculated Coins™.

For reference, the American Silver Eagles each contain one ounce of 99.9% pure silver. The US Mint strikes each America the Beautiful Five Ounce Silver Coins with five ounces of 99.9% pure silver.

The US Mint is now offering the 2011 Uncirculated American Silver Eagle for $45.95. Previous to the price drop the coin had been selling for $50.95.

Also affected by the price decrease were the 2010 Mount Hood ATB Five Ounce Silver Uncirculated Coin, the 2011 Gettysburg ATB Five Ounce Silver Uncirculated Coin, the 2011 Glacier Five Ounce Silver Uncirculated Coin and the 2011 Olympic Five Ounce Silver Uncirculated Coin. The four America the Beautiful coins are now available for $204.95. They had been selling for $229.95.

This is the second time this year that the US Mint has lowered the price on the uncirculated Silver Eagles and available ATB Five Ounce Coins. On October 7th, the US Mint dropped the Silver Eagle from $60.45 to $50.95. The ATB Five Ounce Coins went from $279.95 down to $229.95.

Both price decreases followed declining silver prices. The precious metal has recently been trading at levels more than $18 an ounce lower than the thirty-year high it saw in April of over $48 an ounce.

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