The United States Mint on Wednesday suspended sales of nearly every gold and platinum collector coin it offers in order to readjust prices.
The suspensions come on the heals of the Mint’s Monday announcements to offer a last chance sale for many coin products on Saturday and its elimination of 22 gold and platinum coins.
The Mint’s online store currently lists the bullion collector coins in a "Product is not available" status. Several calls to customer service confirm the coins will be available again on Thursday, although four different and very courteous representatives provided varying times of the day for when, which seems to indicate an exact time may not yet be determined.
The suspended coins include all:
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Precious metals continued their declines on Wednesday as the U.S. dollar gained and crude-oil dropped by more than 5 percent — its lowest level since January 2007. New York silver, gold and platinum futures fell 3.3 percent, 2.0 percent and 0.2 percent respectively.
December crude-oil faired worse than Tuesday, sinking $3.17, or 5.3 percent, to close to $56.16 a barrel. The contract reached as low as $55.83.
December silver added to Tuesday’s 41.5 cents loss, falling another 32.5 cents to end at $9.48 an ounce.
January platinum fell marginally, slipping $1.50 to settle at $825.10 an ounce.
Gold for December lost $14.50 to close to $718.30 an ounce. Its intraday low was $711.50, a level not seen since October 27.
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The Bureau of Engraving and Printing (BEP) announced on Wednesday the sale of 2008 $2 Boston notes. These series of banknotes are extremely popular with collectors with all previous 2008 singles sold out within hours of their launch.
A limit of 25 units per household are always in affect, which means the notes could potentially sell out with just 400 total orders, making ordering speed all the more important.
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The American Numismatic Association will accept nominations for all nine seats on the 2009-11 Board of Governors, including the offices of President and Vice President, beginning December 1.
To become a candidate for ANA office, a member must receive at least five nominations from member clubs in good standing and at least five nominations from individual members in good standing.
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