Monthly Archives: November 2009
US Mint Raises Collector Gold Coin Prices
US Mint Sales: Bullion Coins Hot, Proof Sets Rise 3rd Week
Fewer numismatic products are shouting out with noteworthy gains in the latest US Mint weekly sales report, but bullion coins are screaming along with the record highs in gold and silver prices.
More visible on collector's radar were the debut of Zachary Taylor Presidential $1 rolls, clad US Mint Uncirculated Sets and US Mint Proof Sets, which are on a three week rise.
In fact, with the exception of the Lincoln and Silver Proof Set, all sets performed at least slightly better when compared to last week's report.
US bullion coins burned the brightest, as the following highlights describe:
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2009 Buffalo Gold Bullion Coins hit 171,500 for the year, just 500 shy from matching all of those sold in 2008 -- and the 2009s were released only on Oct. 15. The US Mint sold 26,000 during the last seven days alone, bringing the November total to 55,000.
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2009 American Eagle Gold Coins jumped up 49,500 in the same time frame for a November tally of 124,000. The month already ranks as the third best of the year.
- 2009 American Silver Eagles are 7,000 away from reaching 26 million this year. Numbers soared 986,500 in the last seven days, reaching 2,586,500 for the month. November is ranking as the fourth best in 2009 with several days left to place orders.
Gold, Silver, Metal Prices: Commentary – 11/25/2009
Finest Registry Set of Early U.S. Halves in PCGS FUN 2010...
Gold and Silver Theft Ruled Out at Royal Canadian Mint
Gold Gains, US Stocks Retreat Slightly
Zachary Taylor Presidential Dollars Ceremoniously Launch
US Mint Sells 46K American Gold Eagle Coins in Week
Gold prices are ablaze. The yellow metal in New York on Monday hit a new all-time record of $1,174 an ounce, rising for a straight seven days.
During that same time frame, demand for 2009 American Gold Eagle bullion coins shot up as well. The latest United States Mint sales figures show another 46,000 of the one-ounce gold coins were sold to Mint authorized purchasers from Monday, Nov. 16, to Monday, Nov. 23.
That overshadows the prior seven day sales of the 31,500 reported on the 17th, the 29,000 cited on the 10th, and the 39,000 reported on the 3rd. November has been a bullish month. 106,500 have left US Mint inventories, bringing the year-to-date total to 1,176,000. By comparison, 860,500 ounces of Gold Eagle bullion coins were sold in all of 2008.
2009 and 2010 PNG Days Announced, Seminar in Houston
Pheidippidis Marathon High Relief Silver Coin Issued
Many have participated in a marathon, but does anyone know the origins of the race? The Perth Mint is issuing a coin that is not only highly collectible, but should answer that question. The Pheidippidis' Marathon Run 2,500th Anniversary 490BC-2010 Silver Coin has been released to mark the 2,500th anniversary of what many believe to be the run that started it all.
Pheidippidis' Marathon Run High Relief Silver Coin - Click to Enlarge
The story starts back in 490BC. The Greeks were embroiled in the Persian War. King Darius I of Persia sent an army to Greece in the area of Athens and Plataea to gain control of the people and the land. The Persian fleet landed at Marathon Bay and prepared for battle.