The 2016-W West Point Mint Hoard American Silver Eagle Explained

CoinWeek's Charles Morgan breaks down the 2016-W West Point Hoard and why the Red Book's official mintage totals need to be updated for 2021. In 2019, the United States Mint announced that it had put up for bid 183,781 2016-W American Silver Eagles, which it had held as surplus inventory. After selling through its entire stock at an average sale price that was below the coin's original issue price, numbers of the coin have made their way to the certified coin market with the WP Mint Hoard, or West Point Mint Hoard pedigree. We break down what it all means and pose to our viewers the question as to whether or not the Mint should market numismatic and semi-numismatic coins like the American Silver Eagle beyond the end of the issue's production year.