June 2009

Gold and silver futures ended slightly lower Thursday while platinum managed to squeak out a small gain. As has been the story for several days, a stronger U.S. dollar was blamed for gold’s retreat. Crude-oil advanced in volatile trading, and for the second straight day U.S. stocks ended mixed. In New York trading futures for [...]

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Pobjoy Mint is thrilled to announce a fabulous new issue on behalf of the Falkland Islands to celebrate the 200th Anniversary of the Birth of Charles Darwin. Born in Shrewsbury, Shropshire in February 1809, Charles Darwin was born into a wealthy and well-connected family. Darwin had initially planned to study medicine at Edinburgh University but [...]

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June 18: Four numismatic news or coin blog articles are referenced on CoinNews every Tuesday and Thursday. These articles are not authored by us, but we recommend coin collectors read them for their unusual or interesting content. Here are today’s coin articles: German developing gold vending machine Rachel Nolan | Associated Press It’s a novel [...]

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US Mint Sales Figures ImageUS Mint sales generally declined last week, but several products ranked surprisingly strong.

In summary: 2009 Proof Sets sales retreated from their launch week highs but action was robust in week two, Braille Silver Dollars recovered from their prior negative showing, Guam quarter demand more than halved, and Lincoln Rail Splitter pennies are set to pass 26 million.

In finishing a second week of availability, 81,947 more of the 18-coin 2009 US Mint Proof Sets were purchased by collectors. The new total is 519,125, which represents a 18.7 percent increase in week-over-week sales.

Uncirculated Braille Silver Dollars climbed into positive territory following their recent reversal. The Mint reports a pick up of 499. In contrast, 1,399 of the proof options were sold. Together, the series has reached 151,599.

Read the rest of this numismatic news article ยป

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To mark its centenary, the Pro Patria foundation is receiving a special gift from the Swiss Confederation: the official 2009 gold coin. The commemorative coin was designed by the artist Hans Erni. Like Pro Patria, Erni celebrates his 100th birthday in 2009. The subject he has chosen for the gold coin is a couple "facing [...]

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Gold climbed Wednesday for the second straight day as the U.S. dollar slid against other world currencies and despite a government report showing an annual dip in inflation. Silver advanced as well but platinum fell short. In other markets, oil closed higher while U.S. stocks ended mixed. In New York trading futures for bullion: Silver [...]

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The cost of living in the U.S. inched slightly higher in May, according to a government report released Wednesday. The same report shows year-over-year inflation fell by the quickest pace since April 1950. The Bureau of Labor Statistics Consumer Price Index shows the annual US inflation rate at -1.3 percent. Cheaper energy over the past [...]

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The US Mint on Monday ended the allocation process which limited the number of gold and silver American Eagle bullion coins authorized dealers could order. Ironically, as of Monday also, week-over-week sales soared 8.1 percent for the silver eagles and 9.1 for the gold eagles. Even with the latest surge, the Mint is apparently confident [...]

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A weakened U.S. dollar on Tuesday lured investors toward gold — albeit in less than impressive numbers. Still, the yellow metal had its first positive day since Thursday. It came after the government reported a slight inflationary increase in producer prices due largely to higher gasoline costs. Silver and platinum advanced with gold. Crude-oil and [...]

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Gold prices have been on the decline in recent days, fluttering below $950 an ounce. The yellow metal’s retreat is bearish for bullion investors but fortunate for collectors wanting to purchase US Mint coins. Expect a downward shift in First Spouse Coins and UHR $20 prices on Wednesday. The threshold for the Mint’s current pricing [...]

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