Monthly Archives: February 2011
US Mint January 2011 Coin Production: Fastest Pace Since July
US Mint circulating coin production shot higher in January 2011, eclipsing the levels from December and those from the same period of a year ago.
In fact, January was the fastest production pace for the US Mint since July, and it registered as the third best monthly total in the past 12 months [...]
But Wait! There’s (Always) More! – Friday Kitcommentary
New York spot metals prices opened a tad on the mixed side. Gold showed a $1 gain to open the final session of the week at $1,364.50 per ounce.
After making a modest attempt at an advance to near the $1,370.00 level, bullion turned back into negative price territory within the first hour of trading. Gold ETF balances have fallen to an eight-month low on the back of clear-cut [...]
Royal Australian Navy 100 Years Commemorative Coin Released
The Perth Mint boarded HMAS Perth to launch Australia's precious metal silver coin tribute to mark 100 Years of the Royal Australian Navy.
In 1 March 1901, two months after Federation, responsibility for the former colonies' naval forces passed from Britain's rule to the new Commonwealth Government.
This set in motion a sequence of developments which resulted in King George V granting the title 'Royal Australian Navy' to the Commonwealth Naval Forces on 10 July 1911 [...]
Gold, Silver and Palladium Prices Dip Slightly, Platinum Falls
U.S. gold, silver and palladium prices edged down Thursday. Gold was hurt by a stronger dollar. Platinum fell hardest of the other precious metals.
April gold prices lost $3.00, or 0.2 percent, to $1,362.50 an ounce on the Comex in New York. Gold ranged from $1,351.40 to $1,366.80 [...]
US Mint Sales: 2011 Sets Draw Solid Numbers
Newly released coins and sets dominated the sales charts in the latest round of figures published by the US Mint. Several older-dated numismatic products also picked up a touch.
Although the new US Mint annual sets have started slower, weekly sales increases continue to top the 20,000 level [...]
Manning The Inflation Battle Stations? – Thursday Kitcommentary
Speaking of New York, spot precious metals dealing opened the Thursday session with assorted losses; some larger than others, but most of them due to the combination of a sharply higher US dollar (up 0.61 on the trade-weighted index) and a slump in the commodities' complex brought about in part at least, but the aforementioned signs that enough is enough when it comes to perpetually re-written price tags for various essentials [...]
Gold and Silver Prices Edge Higher
U.S. gold and silver prices settled modestly higher Wednesday following strong gains during the previous session.
April gold prices ended up $1.40, or 0.1 percent, to $1,365.50 an ounce on the Comex in New York -- its best price since January 19. Gold ranged from $1,358.30 to $1,367.70 [...]
2011 First Spouse Gold Coin Design Images Unveiled by US Mint
The United States Mint has unveiled the final design images for the 2011 First Spouse Gold Coins featuring the wives of Presidents Johnson, Grant, Hayes, and Garfield.
These men will be depicted in 2011 on Presidential $1 clad coins released into circulation while their spouses will be honored on $10 gold collector pieces sold by the US Mint directly to the public [...]
Gold Prices Jump 1.2%, Silver Surges Above $30
U.S. gold rose 1.2 percent and to a three-week high Tuesday as inflation concerns were heightened following news that China raised its interest rates.
Silver was the biggest jumper in precious metals, returning to above $30 an ounce and a level not seen since early January.
April gold prices rose $15.90 to $1,364.10 an ounce on the [...]
2011 U.S. Army Commemorative Coins Sales Debut
The United States Mint today published the debuting sales figures for the 2011 United States Army Commemorative Coins.
The six Army Commemorative Coins in gold, silver, and clad compositions with both proof and uncirculated versions went on sale Monday, January 31, 2011 [...]