The U.S. Mint was less active in September, producing fewer circulating coins for a third straight month as levels fell toward those from May, according to the latest data.
The pace was off 7.2 percent from August and down 24.9 percent from June — the busiest month in 2010 when the United States Mint had capped a string of four consecutive monthly increases [...]
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Additional declines were noted in gold prices during the overnight hours as the emergent resurgence in the US dollar helped prompt additional profit-taking on the back of that already having been witnessed last Friday. The yellow metal appears poised to retrace some of its recent chart steps all the way to possibly the $1,327.00 level, according to analysts at Barclays Capital[...]
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A rebounding U.S. dollar pressured gold prices lower Friday, breaking a two-day string of records. Silver retreated as well, dropping from a 30-year high closing price. Still, both precious metals advanced handily this week, capping a fifth straight week of gains. In other market action on Friday, crude oil tumbled to its lowest level in [...]
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U.S. and world coin melt values have skyrocketed as silver prices this year keep soaring to fresh 30-year highs. As of Thursday, silver has gained $7.50, or 44.1 percent, since the end of 2009, lifting intrinsic values of old coins containing the precious metal to astonishing new levels. Examples include the 1964 Roosevelt Dime and [...]
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Good Morning, Without giving details as to just how, how much or how little, and –most importantly — when, Fed Chairman Bernanke this morning pitched "a case" for further action by the US central bank at a Boston Fed conference. However, the tone being used by the Fed’s head was a bit on the ‘fuzzy’ [...]
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Legislation was signed into law by President Obama on October 8, 2010, authorizing 2013-dated clad, silver and gold coins to commemorate America’s Five-Star Generals who taught or studied at the U.S. Army Command and General Staff College (CGSC). Those selected to be honored in the bill, which is now Public Law 111-261, include Generals George [...]
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The release of a super exclusive gold collectible coin, the 2011 Kangaroo Allied Rock-Wallaby, resulted in a close call for the Royal Australian Mint’s internet and phone lines. The Mint was inundated with phone calls and internet orders which resulted in a sell-out of the coin allocation for both of those avenues within a couple [...]
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The Austrian Mint in Vienna has issued the fourth €10 silver coin in its popular series "Tales and Legends in Austria." The new coin deals with the old legend of a famous emperor and his army sleeping deep beneath the mountain called Untersberg awaiting the recall to life.
The emperor in the legend is Charlemagne, King of the Franks, who was crowned Holy Roman Emperor by the Pope in the year 800. The story tells that Charlemagne and his army dwell under the Untersberg, a mountain between Salzburg and Bavaria, where he rules over princes, warriors and dwarfs [...]
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Record gold and 30-year high silver prices has without question raised the demand for bullion products. So much so that there is not much excitement in the latest round of U.S. Mint sales figures after collector proof 2010 Gold Eagles and investor bullion coins are pulled out.
2010 American Silver Eagle bullion coins are back to their rip-roaring pace. Weekly sales jumped 835,000 versus the prior 515,000, and their year-to-date total will likely top 27 million by Friday.
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