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A new coining press from Germany, the Grabener 1000 press, was installed on March 1, 2010, at the Philadelphia Mint for use in producing the America the Beautiful Silver Bullion Coins. The press provides up to 1,000 metric tons (1,100 short tons ) of pressure for each strike and can produce in excess of 1 million coins per year.
Bullion coins are government-minted, legal tender coins made of precious metals, such as gold, palladium, platinum, rhodium, and silver.They are kept as a store of value or an investment rather than used in day-to-day commerce.
After silver was removed from US circulating coins the US Mint made special commemorative coins minted for sale to coin collectors and, starting in 1986, bullion coins primarily sold to investors. Both types, although legal tender, are not expected to circulate for commerce. American Silver Eagle
The Library of Congress eagle of 2000 was the first bi-metallic coin issued by the US Mint. [11] Later that year, the mint released a 1,000 Icelandic króna coin commemorating the 1,000th anniversary of Leif Ericson's discovery of the Americas. This coin was struck on the same planchet as the silver dollar that also commemorated the event. [12]
Below are the mintage figures for the America the Beautiful quarters and America the Beautiful silver bullion coins.. The following mint marks indicate which mint the coin was made at (parentheses indicate a lack of a mint mark):
Mint sets currently are sealed in a plastic blister-pack, unlike the flexible plastic packs of earlier sets. [22] They are usually sold in sets of two - one for each branch of production. In 2017, the Mint released a special "Enhanced Uncirculated Mint Set", limited to a maximum mintage of 225,000 sets. The set sold out within seven minutes. [23]
The Silver Proof set became a standard product of the United States Mint in 1992, containing a dime, quarter, and half dollar composed of 90% silver. The compositions for the penny, nickel, and dollar (introduced to the set in 2000) remained the same as in the standard proof sets. [21] In 2019, the purity of the silver coins was changed to 99.9 ...
The American Silver Eagle is the official silver bullion coin of the United States.It was first released by the United States Mint on November 24, 1986, and portrays the Goddess of Liberty in a design by Adolph A. Weinman that was originally used on the Walking Liberty half dollar from 1916 to 1947.
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