Monthly Archives: July 2009
Second PNG “Dealer’s Deal” Show in Vegas
American Samoa Quarters Issued in Bags and Rolls
Coin Chat Radio: Investing and Rare Coins, Commission of Fine Arts,...
Bullion & Business Weekend Report – July 25
UHR $20 Gold Coin Limits Rise
2009 UHR $20 Gold Coins will become easier for collectors to buy Monday. Order limits increase from one per household to ten, the US Mint announced this week with the following message on its Web site.
Effective July 27, 2009 at 12:00 noon (ET): The United States Mint will adjust the household order limit on the 2009 Ultra High Relief Double Eagle Gold Coin from a limit of one (1) coin per household to ten (10) coins per household. The household order limit will be re-evaluated on a regular basis and the United States Mint will either extend, adjust or remove the limit as needed.
The gorgeous coin launched with great excitement on Jan. 22 and to exploding sales -- despite the 1-coin limit and initial $1,189 price tag. 28,173 were purchased on day one, 40,727 by day four. The US Mint generated nearly $50 million in new sales during those first few days alone.
Fake “Coins” of South Georgia and South Sandwich Islands
Gold Keeps Six-Week High as Dollar Weakens, Silver Rises
Numismatic News: Ancient Coin Unearthed, PQ Described, Buy/Sell Coin Tips
Isle of Man Celebrates Fall of the Berlin Wall Anniversary
US Mint Sales Figures: Silver Proof Sets and Eagles Sail, UHR’s...
What a difference a week can make. Collectors partially awoke from a summer slumber and began to buy US coins.
Ultra High Relief $20 Gold coins surpassed 70,000, newly released 2009 Silver Proof Sets reached 271,372 in three days, American Eagle Silver bullion coins topped 15.8 million, and demand was higher for the remaining US Mint silver coins.
Aside from several straggling First Spouse Gold coins, the US Mint had a good week -- at least better than the last. Even non silver 2009 Proof Sets emerged from a haze to rise 45,729 compared to the last reported 19,547. Tagging along were improved Lincoln Formative Years penny figures, jumping 5,179 from the prior 3,572.