Monthly Archives: December 2013
Gold Snaps Annual Winning Streak, Silver Tumbles in 2013
Gold futures fell on the last trading day of 2013, registering yet one more day of losses that have piled up for the year to 28.3%. The annual decline is the biggest in 32 years and the first since 2000.
Though gold and silver prices tumbled on the year, United States Mint gold and silver bullion coins surged [...]
US Coin Legislation Introduced in 2013
When it comes to legislation about coins and the U.S. Mint, the 113th United States Congress has been busy. Since convening on Jan. 3, 2013, members of the House of Representatives and the Senate have introduced dozens of bills on coinage.
Ten different commemorative coin acts have been submitted for consideration, and those are joined by [...]
Public Tour Photos of US Mint at Denver, Colorado
Grand marble hallways complete with massive chandeliers, historic murals, gold bars worth hundreds of thousands of dollars, a machine gun nest and a story of internal employee theft are just a few of the intriguing items found while taking the public tour of the United States Mint at Denver, Colorado.
This tour is chock-full of information and displays that are sure to educate, entertain and enthrall all but the most critical of guests [...]
Gold, Silver Notch Weekly Gains; US Gold Coins Best Since June
Precious metals this week advanced against the expectations of many analysts and traders. Weekly gains logged in at 0.9% for gold, 3.1% for silver, 3.5% for platinum and 1.9% for palladium.
Bullion American Gold Eagles scored their highest weekly total since Dec. 6, with that week the best since July 5. The one-ounce size was [...]
New Senate Bill for Pro Football Hall of Fame Coins in...
A new U.S. Senate bill was introduced this month that calls for gold, silver and clad coins to commemorate the Pro Football Hall of Fame.
Entitled the Pro Football Hall of Fame Commemorative Coin Act and numbered S. 1842, this bill is nearly identical to past versions brought forward in both the Senate and House. Its key difference [...]
US Mint Sales: Edith Wilson Coins Debut; Sold Out Product Changes
This week is another mixed bag in which U.S. Mint data includes opening sales for just released First Spouse Gold Coins but not for other new products.
Still unknown are sales for all five 2013 Presidential $1 Coin & First Spouse Medal Sets, the 2013 First Spouse Bronze Five-Medal Set, the 2013 Limited Edition Silver Proof Set and the 2013 Theodore Roosevelt Coin and Chronicles Set [...]
Precious Metals Rise in Post-Christmas Trade, US Gold Coins Up
Precious metals advanced in very thin, post-Christmas trading Thursday. U.S. markets were closed for the holiday and open for just a half-day on Christmas Eve. Most European markets remained closed through Thursday.
Gold for February delivery added $9, or 0.7%, to finish at $1,212.30 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Mint Cuts Prices on Gold Coins for Last Time in...
Earlier today, Dec. 26, 2013, the United States Mint reduced numismatic coin prices by an amount equal to $50 for every ounce of gold or platinum they contained.
Such changes, when needed, usually happen on a Wednesday but the U.S. Mint was closed yesterday for Christmas. These pricing changes are the last of 2013 [...]