Yearly Archives: 2010
Gold, Silver, Metal Prices Commentary – September 24, 2010
GSPAC Formed to Support Rare Coin & Precious Metal Community
Gold Prices Again Close to New Record, Silver Advance
American Eagle Palladium Bullion Coin Act Introduced in House
Placing the United States Mint one step closer to striking a new precious metal American Eagle, legislation was introduced Wednesday, September 22, 2020, calling for new palladium versions of the coin to be produced.
Referred to as the American Eagle Palladium Bullion Coin Act of 2010, numbered H.R. 6166, the legislation was introduced by Rep. Denny Rehberg (R-MT).
H.R. 6166 places several stipulations on the proposed coins. First, and perhaps most interesting, is the choice of designs to be used on the obverse and reverse of the strike.
US Mint Sales: Bullion Coins Robust, Silver Products Rally
Record gold and 30-year high silver prices boosted demand across almost all United States Mint coin products, breaking a two-week streak of mostly falling sales.
US Mint one-ounce bullion coins were the recipients of the most buying action. American Silver Eagles rallied to a weekly level that has been more typical of the coins this year, jumping 655,000 versus 245,000 in the prior week and 205,000 during the week before that. The one-ounce American Gold Eagles moved a tad slower, rising 20,500 versus 21,500. But their September total of 53,500 has already passed the 39,000 sold in all of August.
Gold, Silver, Metal Prices Commentary – September 23, 2010
Legend Sells Lincoln Cent Rarity for Record $1.7 Million, Proceeds for...
The only known 1943-dated Lincoln cent mistakenly struck at the Denver Mint on a bronze planchet has been sold for a record $1.7 million by Legend Numismatics of Lincroft, New Jersey. The unique coin, not publicly known to exist until 1979, is graded PCGS MS64BN.
The new owner is a Southwestern United States business executive who wants to remain anonymous, but who plans to exhibit this coin and others in January at the Florida United Numismatists convention.
Gold Prices Near $1300, Silver Tops $21
US Mint and NPS Release Grand Canyon National Park Quarter
It was a beautiful sunny day as the United States Mint and the National Park Service (NPS) unveiled Arizona's 2010 Grand Canyon National Park Quarter. A few clouds in the blue sky and the colorful canyon provided the perfect backdrop for the outdoor ceremony on the edge of the South Rim.
School age children watched Peter The Mint Eagle while officials from the US Mint and National Park Service made ready for the ceremony. A Native American in full dress played songs on a wooden flute before the event kicked off with the Pledge of Allegiance.