Yearly Archives: 2010
2010 Silver Eagle Premiums Raised
The United States Mint has increased the premiums for its bullion American Silver Eagle coins from $1.50 to $2.00.
The U.S. Mint told its authorized purchasers on Thursday, as first reported on sister site SilverCoinsToday.com by Tarek Saab of Trusted Bullion, an Ohio-based precious metals company specializing in gold and silver bullion coins and bars.
The 50 cent increase officially kicked in today, October 1, 2010, and comes at a time when silver prices have been consistently setting new 30-year highs.
Buchanan Presidential Dollar Coin Cover Available
Heritage Long Beach Auction Realizes $13.4 Million
The recently discovered Bullock specimen of the 1856-O double eagle, XF45+, NGC, was the unabashed star of the Sept. 23-26 Heritage Auctions September Long Beach, CA Signature® U.S. Coin Auction, as it soared to $345,000 amidst spirited bidding.
The auction realized an impressive $13.4 million total, with almost 5,000 bidders vying for the 7,385 lots, translating into a 93% sell-through rate by value and 96% by total number of lots.
Gold, Silver, Metal Prices Commentary – October 1, 2010
Gold and Silver Prices Rally in September, Soar in 3rd Quarter
Bills Authorizing Proof Silver Eagle and Palladium Eagles Pass in House
Congressional members have been voting on a series of bills as they prepare to leave Washington and return to their home districts to focus full time on their re-elections.
One of the bills would authorize American Palladium Eagles. The other would authorize Proof American Eagles, giving them equal weight to bullion coins. Both were introduced in the U.S. House of Representatives on September 22, 2010. Each were voted on exactly one week later -- supersonic speed for coin legislation. They passed on Wednesday, September 29, 2010, and now await action in the U.S. Senate.
US Mint Sales: Bullion Coins Hot, Grand Canyon Quarter Debuts Weaker
Make it a streak of two. United States Mint product sales improved for a second straight week.
Record gold prices, 30-year high silver prices, and the debuting of two new numismatic products certainly supported the numbers.
All but one U.S. Mint bullion coin shot higher. The exception was the half-ounce American Gold Eagle. It remained unchanged. Other fractional sizes joined in simultaneous advances on Wednesday, an occurrence that has become rare since their initial launch on June 10, 2010. With still one day left in September for sales, the one-ounce, quarter-ounce and tenth-ounce Gold Eagle have exactly doubled their August tallies.