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Apostle Islands: Available at Provident, Sold Out at the Mint

By ProvidentMetals.com on May 7, 2018 Filed Under: Coin Collecting

This coin is now SOLD OUT at the US Mint, but still available from Provident Metals!

Over the past year, the US Mint has released an unusually small quantity of 5 oz Silver America the Beautiful coins. Unlike Silver Eagles, which are made continuously throughout the year, ATBs have short spurts of production. The net result: these coins have had abnormally low mintages that do not cover market demand.

For instance, the 2018 Pictured Rocks ATB had a final mintage of just 30,000 pieces. This is a miniscule quantity for any modern United States coin, especially compared to the millions of Silver Eagles that are struck each year. Sure enough, the mint ran out of Pictured Rocks ATBs instantly, and so did most major dealers. Within just a month or two of issue, premiums zoomed upward.

The same may very well happen with the Apostle Islands ATB, which just arrived! After covering all pre-orders, we still have a small quantity of additional coins available for sale. Just like the Pictured Rocks ATB, the Apostle Island coin is sold out at the mint and appears to have a final mintage of 30,000. However, you can still lock in your Apostle Islands ATBs at low introductory premiums.

Your cost on this low-mintage issue is as low as $3.29 per ounce over spot. By comparison, 2018 Pictured Rocks ATBs are already trading for double this premium! We don’t have a crystal ball, but if history is any indicator, these Apostle Islands coins are poised to sell for much higher premiums in the near future. Once the current market supply gets absorbed, we wouldn’t be surprised if they take off in price.

If your collection is missing these beautiful coins—or you’re looking for a coin with premium upside—take advantage of today’s offer. Whether spot goes up or down, these stand an excellent chance to gain in collector value. Grab these attractive and low-mintage Apostle Islands ATBs while they’re available at today’s reasonable premiums.

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