Daily Archives: September 17, 2008
Gold Rallies to Largest Dollar Gain in More Than Two Decades
New York silver, gold and platinum futures were on fire Wednesday as the government's takeover of American International Group (AIG) and financial uncertainty spurred...
Royal Australian Mint Gnomes at Floriade
The Royal Australian Mint will feature in the 2008 Floriade corporate gnome competition with an entry called 'Priscilla, Coin of the Desert'.
In the spirit...
From Penny to Dollar, U.S. Coin Production Declines in 2008
U.S. Mint circulating coin production is down across the board based on a current pace that should see about 10.1 billion coins minted in 2008. That compares to 14.4 billion coins issued in 2007 and over 15 billion in years 2006 and 2005. In fact, at the current rate, 2008 coin output will end at its lowest level in at least the last ten years.
The Mint's first release of production figures for 2008 reported 3.2 billion coins struck through April. The newest figures indicated 6.7 billion coins were minted through August, or about 842 million coins on average per month. The comparison charts shown below provide the best visual evidence of the declines at both Mint facilities in Denver and Philadelphia.