May Product Launches from the U.S. Mint
May stands out as the most active period in three months for product launches from the U.S. Mint, featuring five days dedicated to releasing new coins and sets, compared to four in April and two in March. Additionally, there’s a high number of distinct product options, totaling 12, including coins composed of clad, silver, and gold.
Insight:
As we head into May, it is clear that the U.S. Mint is ramping up its product launches, offering a diverse range of coins for collectors and investors alike. The variety of metals used in the coins, from clad to silver to gold, provides options for individuals with different preferences and budgets.
Product Releases in May
The U.S. Mint’s 2024-dated proof American Gold Eagles already started off the month with their release on Thursday, May 2, debuting at prices ranging from $365 for the tenth-ounce piece to $3,200 for the one-ounce coin. Additionally, there’s a four-coin set available for $5,980. These prices are subject to weekly changes, with the latest based on LBMA gold averaging within the range of $2,300 to $2,349.99 an ounce.
On May 7, the Mint will begin selling the 1-ounce U.S. Army Silver Medal, priced at $75. This silver medal, crafted from 99.9% fine silver, features designs that celebrate the Army. These same designs were initially introduced on a larger 2.5-ounce silver version that debuted last year and sold out. Unlike its larger counterpart, which had a limited mintage of 10,000, the 1-ounce version has no mintage limit.
Insight:
The release of the U.S. Army Silver Medal reflects the Mint’s commitment to honoring the branches of the U.S. military through its products. The decision to offer a 1-ounce version with no mintage limit opens up the opportunity for more collectors to acquire this piece of history.
Initially scheduled for release on April 23 but changed to May 15, the 2024 Silver Proof Set features the year’s circulating coins, totaling 10, with 7 of them struck in 99.9% silver, priced at $130.
The Maine dollar, the latest issue from the U.S. Mint’s American Innovation® $1 Coin Program, will be launched on May 16 in both roll and bag options from the Philadelphia and Denver Mints, with prices ranging from $34.50 to $117.50.
Finally, for the month, on May 23, the Mint will offer the 2024-W $50 Proof American Buffalo Gold Coin, which is composed of 1 ounce of .9999 fine 24-karat gold. This collectible has been annually issued since 2006.
Insight:
The release of the 2024-W $50 Proof American Buffalo Gold Coin continues a longstanding tradition of offering collectors a prestigious and sought-after gold coin. This annual release is sure to attract attention from investors and numismatists alike.
U.S. Mint May Product Releases
| U.S. Mint Numismatic Product | Product Limit | Price | Release Date |
|---|---|---|---|
| 2024-W $50 Proof American Gold Eagle (1 oz.) | 9,500 | $3,200.00 | Thursday, May 2 |
| 2024-W $25 Proof American Gold Eagle (1/2 oz.) | 5,000 | $1,625.00 | Thursday, May 2 |
| 2024-W $10 Proof American Gold Eagle (1/4 oz.) | 8,000 | $840.00 | Thursday, May 2 |
| 2024-W $5 Proof American Gold Eagle (1/10 oz.) | 18,000 | $365.00 | Thursday, May 2 |
| 2024-W Proof American Gold Eagle Four-Coin Set | 10,000 | $5,980.00 | Thursday, May 2 |
| U.S. Army 1-Ounce Silver Medal | None | $75.00 | Tuesday, May 7 |
| 2024 Silver Proof Set | None | $130.00 | Wednesday, May 15 |
| 2024-P Maine Innovation Dollar 25-Coin Roll | 8,400 | $34.50 | Thursday, May 16 |
| 2024-D Maine Innovation Dollar 25-Coin Roll | 7,350 | $34.50 | Thursday, May 16 |
| 2024-P Maine Innovation Dollar 100-Coin Bag | 3,150 | $117.50 | Thursday, May 16 |
| 2024-D Maine Innovation Dollar 100-Coin Bag | 2,950 | $117.50 | Thursday, May 16 |
| 2024-W $50 American Buffalo Gold Proof Coin (1 oz.) | 16,000 | TBD | Thursday, May 23 |
New U.S. Mint products become available at noon ET on their release day. The Mint’s latest product schedule is found here.