Monthly Archives: January 2009
Bullion & Business Weekend Report – Jan 31
Sizzling Ultra High Relief $20 Double Eagle Sales Figures
Collectors were more than eager to slap down $1,189.00 for the 2009 Ultra High Relief $20 Double Eagle Gold Coin during its first days of availability, with sizzling sales figures reported.
The United States Mint placed the modern day recreation of the famed Augustus Saint-Gaudens' designed 1907 $20 Double Eagle gold piece on its online store January 22, 2008.
All indicators pointed to a first day Double Eagle meltdown. Initial online orders took an hour or more to place, and collector reports about Mint phone line back-ups were plentiful.
The one-ounce highly detailed coin is struck in 24-karat, .9999 fine gold and is limited to a single year of issue. Its smaller diameter of 27mm is more than 50 percent thicker than modern US Mint gold coins. Those features and more, made the coin a hit.
Intercept Preservations Products, LCC Changes Name to Eprotec Preservation, Inc.
Gold Rises Back Above $900
Numismatic News and Blog Headlines – Jan 29
US Mint Gold, Platinum and Silver Coin Sales Figures, Jan 29
Two US Mint collector coins sold out since the last reported sales figures -- individual 2008-W American Eagle Silver Uncirculated Coins and 2008-W Eagle Gold Proof Coins.
The former showed a zero increase in sales, as was the case in the last report and still noted as unusual. The latter gold proof coins expectedly rose. Sales increased by 2,503 coins, or by 18.4 percent compared to last week's reported 16.4 percent increase.