Gold futures edged slightly higher in New York on Tuesday, marking a seventh straight day of increases. The yellow metal pared earlier gains as the US dollar showed a touch of strength. In other commodities, silver, platinum and crude oil all retreated. US stocks ended mixed following Monday’s rally. New York precious metal figures follow: [...]
The US Mint began selling U.S. Virgin Islands Quarter First Day Coin Covers today at noon ET for $14.95. The 20,000 limited edition cover includes two of the quarters struck from the first day they were minted — Aug. 3, 2009. One quarter-dollar is from the Mint’s Denver facility while the other was produced in [...]
The US Mint on Tuesday released circulating production figures from January through to October. Both the Denver and Philadelphia Mint facilities were busier during the month compared to September figures, but that was mostly due to the preparation for the final 2009 Lincoln cent release on Nov. 12.
US Mint Circulating October Coin Production
|
Denver |
Philadelphia |
Total |
| 2009 Lincoln Cents |
144,400,000 |
121,600,000 |
266,000,000 |
| Jefferson Nickels |
0 |
0 |
0 |
| Roosevelt Dimes |
0 |
0 |
0 |
| Quarters |
20,400,000 |
32,200,000 |
52,600,000 |
| Kennedy Half Dollars |
0 |
200,000 |
200,000 |
| Native American $1 |
0 |
0 |
0 |
| Presidential $1s |
24,220,000 |
10,780,000 |
35,000,000 |
| Total |
189,020,000 |
164,780,000 |
353,800,000 |
Other than the new pennies, only quarters, Presidential $1 coins, and Kennedy Half Dollars were minted. No huge revelations were revealed in terms of final mintages for any of the types of coins.
The first three Lincoln penny mintages were made public back in October. Based on those and the latest figures, 266,000,000 of the 2009 Lincoln Presidency pennies have been struck as of last month.
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The Bureau of Engraving and Printing (BEP) on Monday sent customers an e-mail notice announcing that the new 2010 Intaglio Print Subscription Program will be available Nov. 17, 2009, at 9:00 AM ET for $51.00. "This year’s Intaglio Print Program has been dedicated to the age-old art of intaglio printing by featuring an exquisite [...]
The American Numismatic Association Bebee Collection of paper money, one of the finest collections of United States paper money ever assembled, is available to view in an exciting new online image gallery. The collection, consisting of more than 800 notes, was donated to the ANA by Aubrey and Adeline Bebee in 1988. To view the [...]
Up to 500,000 $1 silver coins and 100,000 $5 gold coins will be struck in 2011 by the United States Mint as authorized by the Medal of Honor Commemorative Coin Act of 2009 which President Obama signed into law Friday, Nov. 6, 2009.
The collector minted proof and uncirculated coins will mark the 150th anniversary of the establishment of the Medal of Honor in 1861, America’s highest award for valor which can be bestowed upon an individual serving in the Armed Services of the United States.
"We owe everything to those who wore the uniform and committed extraordinary acts of bravery in defense of their colleagues and nation," said Rep. Christopher Carney who introduced the legislation which easily passed in the House and then the Senate.
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Professional Coin Grading Service (PCGS) will give collectors and dealers a special opportunity to have their PCGS-graded coins digitally imaged with the PCGS TrueView photo service on-site during the first two days of the Whitman Baltimore Coin and Currency Convention at the Baltimore Convention Center, November 12 – 15, 2009. CLICK TO ENLARGE: The excellent [...]
Of Quads and a Moscow Hold’em Good Day, Overnight trading markets gave early indications that the first day of the new week might present a fresh record for gold prices (while also making life interesting in the oil trading pits), and that the US dollar would likely return to the pivot points it first visited [...]
The 2009 Ultra High Relief $20 Double Eagle Gold Coin is one of the most exciting US Mint offerings this year with collectors jumping in to purchase 102,311 as of Nov. 1.
Nothing highlights the coin’s popularity better than the sizzling sales of 28,173 on their Jan. 22, 2009, launch day. And that was in spite of a recession, a one coin order limit preventing bulk buying and gold hovering around $860 an ounce making the double eagle’s issue price $1,189 — a hefty amount for the average collector.
Flash forward 10 months… The economic picture continues to be cloudy — worse for some with the unemployment rate now at 10.2%, and gold has touched $1,100 pushing the UHR price up $250 more to $1,439 (and knocking at the door of $1,489). Despite the US Mint lifting order limits, it’s not surprising that only 1,607 more were purchased during the last two weeks of October. Throwing aside all the negative factors, it would be rare indeed for sales to be thrashing for months on end.
However, an analysis (see chart below) of eBay completed auctions from September 1 through October 31 shows there is still excitement in the air. Graded MS70 UHRs continue to command solid premiums in the secondary market.
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Precious metals rallied this week following a weaker US dollar that was pushed lower by a series of economic reports, including the Labor Department’s higher than expected unemployment figures of 10.2 percent — a more than 26-year high. Gold reached an all-time high and silver soared. Crude oil tumbled on Friday by nearly 3 percent [...]