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US Mint to redesign gold and silver Eagles

PostPosted: Mon Oct 14, 2019 9:02 am
by pmbug
The U.S. Mint is moving ahead with plans to redesign the reverses of the silver and gold American Eagles for 2021 to accommodate the use of anti-counterfeiting technology at the production stage.

Treasury Secretary Steven Mnuchin has given the Mint the green light to replace the designs, which have appeared on the coins since their release in 1986.

“We are planning a redesign of the American Eagle Silver and Gold coins in honor of the 35th anniversary of the American Eagle program. The details of this redesign will be announced in the near future. There is currently no plan to redesign the American Eagle platinum or palladium coins,” said Todd Martin, acting chief for the Mint’s Office of Corporate Communications.

The redesigned reverses will be introduced first on bullion releases dated 2021. The anti-counterfeiting measures will be introduced later on the Proof and other collector versions.
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More: https://www.coinworld.com/news/us-coins/u-s-mint-to-redesign-gold-and-silver-american-eagles-implement-security-devices

Chinese counterfeits are becoming a real problem. I'm glad to see the US Mint following the Royal Canadian Mint's footsteps.

Re: US Mint to redesign gold and silver Eagles

PostPosted: Mon Oct 14, 2019 9:39 am
by Tourney64
Any time there is a change it provides more opportunity for error coins worth big bucks. Get your coins early in 2021.

Re: US Mint to redesign gold and silver Eagles

PostPosted: Tue Oct 15, 2019 10:22 am
by pennypicker
As much as I love the design of the Walking Liberty half dollar and its obverse on the silver eagle, 34 years is enough. It's time to resurrect the iconic design of the Standing Liberty quarter and place its obverse AND reverse on the 2020 silver eagle. It's a new decade and it's time for a completely new and invigorating look!
1925-Standing-Liberty-Quarter.jpg
1925-Standing-Liberty-Quarter.jpg (62.44 KiB) Viewed 1535 times

Re: US Mint to redesign gold and silver Eagles

PostPosted: Tue Oct 15, 2019 10:45 am
by 68Camaro
Although the details of that design didn't hold up well in a circulating coin I think it would be a great starting point for a new non circulating bullion series. I liked both sides and especially the reverse eagle.

Re: US Mint to redesign gold and silver Eagles

PostPosted: Wed Oct 16, 2019 3:16 pm
by Recyclersteve
I wonder (when this happens) if the older silver and gold eagles will sell at a discount to the newer ones with the anti-counterfeiting technology.

Re: US Mint to redesign gold and silver Eagles

PostPosted: Thu Oct 17, 2019 4:10 pm
by agmoose
Recyclersteve wrote:I wonder (when this happens) if the older silver and gold eagles will sell at a discount to the newer ones with the anti-counterfeiting technology.


Interesting question. I suppose it is possible that they would.

I 2nd the vote for moving to the SLQ design for the next series - my fav coin design of all time.

Re: US Mint to redesign gold and silver Eagles

PostPosted: Thu Oct 17, 2019 7:20 pm
by Cu Penny Hoarder
Recyclersteve wrote:I wonder (when this happens) if the older silver and gold eagles will sell at a discount to the newer ones with the anti-counterfeiting technology.


I sold 2 gold 1oz CML's (1980's) to buy my mother new hearing aids. There was no discount in selling price compared to new ones. My LCS guy checks all coins with his Sigma Analytics verifier before buying them. I've noticed that most LCS now have those.

Re: US Mint to redesign gold and silver Eagles

PostPosted: Thu Oct 17, 2019 7:22 pm
by Cu Penny Hoarder
pennypicker wrote:As much as I love the design of the Walking Liberty half dollar and its obverse on the silver eagle, 34 years is enough. It's time to resurrect the iconic design of the Standing Liberty quarter and place its obverse AND reverse on the 2020 silver eagle. It's a new decade and it's time for a completely new and invigorating look!
1925-Standing-Liberty-Quarter.jpg


Totally agree... beautiful coin, especially that eagle.

Re: US Mint to redesign gold and silver Eagles

PostPosted: Thu Nov 07, 2019 11:18 am
by everything
Better late than never, I would never buy them because of premium and risk.