The Perth Mint will release its annual series of four different sized 2011 Australian Silver Koala Coins on October 4, 2010.
The 2011 Silver Koala features a new reverse design — a concept that was introduced when the bullion coin series launched in 2007. The annually changing designs make the 99.9 percent silver coins a favorite among investors and collectors.
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The latest round of United States Mint sales figures dipped, hurt by collectors apparently taking a long buying break during the Labor Day weekend.
One bright spot to appear in this week’s report was the debuting performance of Buchanan’s Liberty First Spouse Gold Coins. In fact, all First Spouse Coins enjoyed better week-over-week sales.
Nearly all other U.S. Mint numismatic products slowed, although the major annual sets put up sizable numbers. For example, the weekly advance for the 2010 Proof Set was 43,120 versus the previous 47,704. That pushed their total past 500,000. The 2010 Mint Set gained 25,800 against 39,617. In two weeks they should top 400,000.
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The United States Mint’s most recent sales figures for bullion American Silver Eagles paints an interesting picture for the series. They show easing demand in August while still taking a giant step closer to making 2010 the best year ever for the .999 fine silver coins.
The U.S. Mint registered 2,451,000 orders in August. The amount, while impressive when compared to a typical month in nearly any year, was nonetheless the second lowest monthly number so far this year.
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Falling to levels not seen in two years, bullion 2010 American Gold Eagles apparently lost some favor with precious metal investors last month.
August sales are listed at a modest 41,500 ounces, according to the most recent sales figures from the United States Mint. This is the total weight of gold coins sold to the U.S. Mint’s network of authorized purchasers for all bullion Gold Eagles, including the one ounce strike as well as the three fractional 1/2 ounce, 1/4 ounce and 1/10 ounce sizes. In comparison, the month before (July 2010) saw a total of 152,000 ounces purchased.
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The single finest 1891-CC $10 gold coin, graded MS65 by NGC, is an important highlight of Heritage Auctions’ upcoming September Long Beach Auction, Sept. 23-25. It is the most important coin in The Dr. Mani and Kay Ehteshami Collection.
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