Thursday, November 19, 2009

Gold futures managed to rise slightly Thursday despite a rebounding dollar and sinking oil prices. Silver advanced modestly also, while platinum declined 0.6 percent. US stocks sank for a second straight day, tumbling to register their worst performances this month. New York precious metal figures follow: Silver for December delivery rose 4 cents, or 0.2 [...]

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Zachary Taylor Presidential $1 coins in dollar rolls went on sale at the US Mint today at Noon ET. The coins mark the fourth and final release this year of a Presidential Dollar and the twelfth for the series overall.   "The idea that I should become President seems to me too visionary to require [...]

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NEWPORT BEACH — Cornerstone’s first album, the National Park Quarters Album, is proving to be a successful addition to the quarter enthusiast’s collection. After sending out test samples to select coin shops, we received an overwhelming number of positive reviews! Here is what people are saying: “I received a set of samples sight-unseen. When they [...]

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US Mint Sales Figures ImageWith gold prices pounding on new highs, many of the US Mint’s gold coins enjoyed stronger sales last week, although $20 UHRs dropped back and proof Buffalo coins continue to slow.

The newly released Lincoln Presidency cent two-roll sets are visible in this week’s report. The initial numbers are solid. Braille Silver Dollars, which will go off sale in less than a month, also picked up nicely. These and more highlights follow:

  • 2009 Buffalo Gold Proof Coin sales continue to soften as compared to their first few days following their Oct. 19 launch. Another 4,316 were added, which is down nearly half from last week’s reported increase of 8,487. On the other hand, the bullion one-ounce versions climbed 13,500 versus the prior 11,000.

  • American Silver Eagles topped 25 million this week. Their latest seven-day sales rose by 750,000, which is down from the prior 850,000. American Gold Eagles are moving faster. 41,500 were sold in the last seven days compared to the previous 30,000.

  • UHR $20 Double Eagles snapped a two-week winning streak. Numbers came in at 1,098 and lagged behind the last gain of 1,453. The year-to-date tally is at 104,862.

Read the rest of this numismatic news article »

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