WASHINGTON — The United States Mint announced today that, effective May 31, it will fulfill orders for American Eagle Silver Bullion Coins with coins minted at its San Francisco facility, in addition to its facility at West Point.
Demand for American Eagle Silver Bullion Coins remains at unprecedented high levels. The United States Mint at West Point has been the sole producer of the coin for several years. Adding production at the United States Mint at San Francisco provides manufacturing flexibility across the bullion and numismatic product lines to meet customer needs.
The United States Mint conducted American Eagle Silver Bullion Coin trial strikes at San Francisco in March. The San Francisco facility will use the same manufacturing process and packaging currently used for coins minted at West Point. There will be no visible difference between the coins, and they do not have a mint mark. The United States Mint has the capacity to mint up to several hundred thousand coins per week in San Francisco.
The overall allocation methodology for distribution to Authorized Purchasers will continue to be done weekly and will include West Point volumes in the allocation calculation.
The United States Mint, created by Congress in 1792, is the Nation’s sole manufacturer of legal tender coinage and is responsible for producing circulating coinage for the Nation to conduct its
trade and commerce. The United States Mint also produces proof, uncirculated and commemorative coins; Congressional Gold Medals; and silver, gold and platinum bullion coins.