2009 American Eagle Silver Bullion Coin sales blazed passed the 12 million barrier this week and approached 1 million sold during the first eleven days in June, the latest US Mint sales figures reveal.
The Mint’s authorized dealers purchased 377,000 silver eagles during the first eight days in June (ending Monday). By Wednesday the tally more than doubled to 777,000 sold. The figure then jumped to 930,000 on Thursday, bringing the year-to-date total to a record setting pace of 12,509,500.
The current selling velocity will rocket June past the 1.9 million eagles sold in May — a month with high numbers but surprisingly ranking second from the bottom for silver bullion coin sales this year. That is how great 2009 has been for silver coins.
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Gold turned higher Thursday as the U.S. dollar stumbled against world currencies. Silver tracked with gold while platinum fell slightly. In other markets, oil surged for a third day and U.S. stocks marked modest gains. In New York trading futures for bullion: Silver for July delivery jumped 26.8 cents, or 1.8 percent, to $15.493 an [...]
June 11: 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: Treat Collecting as Recreation, Not Investment Steve Album | World Coin News World [...]
In 1759, a few acres of land was donated by Princess Augusta to create a garden for rare and unusual plants. 250 years later the Royal Mint is celebrating the creation of this premier facility with the 2009 UK Kew Gardens 50p coins. The coins are available in three forms: a 22 carat gold proof [...]
The latest batch of US Mint sales show soaring 2009 Proof Sets, Braille Silver Dollars collapsing, Guam quarters sizzling, Rail Splitter cents rising and UHR $20s normalizing. The Mint’s 18-coin proof set went on sale Monday, June 1. In a blazing rage, collectors purchased 437,178 of the sets in a single week. For more on [...]
Gold on Wednesday remained unchanged despite oil jumping above $71 a barrel and talk of inflation — both are typically helpful in advancing the yellow metal. Gains in gold were traded away later in the day as the U.S. dollar rallied. Silver and platinum finished higher, however, while U.S. stocks pulled back on those same [...]
Pobjoy Mint is pleased to announce a striking new issue on behalf of the Isle of Man to commemorate the 40th Anniversary of the First Man on the Moon. It was a key moment in history when, on 21 July 1969, Neil Armstrong and Edwin ‘Buzz’ Aldrin stepped off the Apollo 11 Lunar Lander and [...]
Gold finished higher Tuesday for the first time in three sessions as the U.S. dollar showed weakness against global currencies. The yellow metal tends to move opposite of the dollar. Silver and platinum rose as well. Crude-oil finished above $70 a barrel for the first time since November. U.S. stocks were mixed. In New York [...]
On June 5, 2009, the Professional Numismatists Guild filed an additional Amicus Curiae ("friend of the court") brief on behalf of a Pennsylvania family’s efforts to get the federal government to return ten 1933 Double Eagles. The PNG brief challenges the government’s claim that the ten gold pieces are not legal tender coins. Specifically addressed [...]
June 9: 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: The Hunt for Undervalued Gold Mark Benvenuto | Coins Magazine One of the [...]