With 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:
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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.
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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.
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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.
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"Beautiful Places: Landmarks and Mintmarks" is the theme of 2010 National Coin Week, April 18-24. The theme celebrates the many landmarks and scenic places that have inspired the designs on coins and paper money. It was chosen by a panel of American Numismatic Association staff and club members active in the annual celebration. Clubs are [...]
New York gold futures reached higher Wednesday to set a new record at $1,153.40 an ounce. Demand brightened for the yellow metal as the US dollar slid against world currencies. The other metals followed, hitting more than 12-month highs. Some settling occurred later, with platinum ending lower on the day. In other markets, crude oil [...]
The cost of living in the US rose more than expected in October, as the price of fuel, food and cars helped drive costs higher, according to a Labor Department report released Wednesday. Consumer prices rose 0.3 percent in the month after a 0.2 percent increase in September, according to the latest Consumer Price Index [...]
Good Day, Today’s market news and analysis roundup begins with the -by now- ‘normal’ observance of yet another price record having been achieved by gold. During the hours preceding the New York session’s opening, spot gold touched the $1150 level (plus 30 cents) as the US dollar broke under the 75 mark on the trade [...]
The Royal Canadian Mint is inviting Canadians to save the latest circulation coin in its Vancouver 2010 collection — the 25-cent coin celebrating the women’s hockey gold at Salt Lake City in 2002. Up to 22 million 25-cent coins (shown left) celebrating the women’s hockey gold medal at Salt Lake City in 2002 entered circulation. [...]
Precious metals were mixed on Tuesday following explosive gains from the day prior. Gold edged up slightly despite a stronger US dollar. Crude oil continued to stay atop a one-month low. US stocks registered modest gains to remain at ’09 highs. New York precious metal figures follow: Silver for December delivery fell 1.3 cents, or [...]
The fourth and final redesigned 2009 Lincoln cent launched in Washington, D.C., on Thursday, Nov. 12. By the following Sunday and according to the latest US Mint sales report, 153,427 of the two-roll sets were scooped up by collectors. Crunching the numbers and moving the decimal point, that is 15.3 million pennies.
During the same initial days following the launch of the previous two pennies, 15.2 million of the third Professional Life cents sold, and 20 million of the second Rail Splitter pennies sold.
In contrast, it took almost two weeks for collectors to purchase 9.6 million of the first 2009 Lincoln Birthplace cents — although these set the demand tone for the next three cents when the Mint unexpectedly stopped selling them. The following table provides the latest sales data for the Lincoln penny rolls.
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Collectors are eagerly awaiting the first sale of rare and exceptional Coins and Banknotes to be presented by Bonhams New York. Taking place on December 3rd, the sale consists of over 400 lots ranging from 1692 to the early 21st Century. Lot 1234: An exceptionally rare and important 1796 $10 so-called "Eagle" graded. Est. $65,000-75,000 [...]
Several numismatic news or coin blog articles are referenced on CoinNews two separate times a week. 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: Krause Publications Announces Coin of the Year [COTY] Nominees NumisMaster American publishing company Krause [...]
