Yearly Archives: 2010
Platinum Eagle Proof Values Robust
The United States Mint will launch the 2010 American Platinum Eagle Proof Coin on Thursday, August 12, 2010.
The release will mark the first Platinum Eagles available from the U.S. Mint since last year's proof was issued on December 3, 2009. Collectors wasted no time in obtaining those strikes as the entire 8,000 mintage was sold in just over a week.
Several factors undoubtedly played into the fast sell-out and will also likely affect sales of this year's 2010 proof platinum issue -- as well as their later values.
Gold, Silver, Metal Prices Commentary – August 11, 2010
Gold Experts to Return to 2010 Sydney ANDA Coin Show and...
Gold, Silver Prices Surge After Fed Policy Shift
PNG Presents Outstanding 2010 Achievement Awards
American Palladium Eagle Coins Recommended
The July 20 Congressional subcommittee hearing about the "The State of U.S. Coins and Currency" brought forth an interesting topic to the world of investing and numismatics -- an idea for the United States Mint to produce American Palladium Eagle Bullion Coins.
The topic was not discussed to the same degree as changing coin compositions or producing proof American Silver Eagles at the expense of the bullion versions. However, it tied into the latter as a partial solution one panel member proposed to help alleviate the current American Silver Eagle crunch.
Gold, Silver, Metal Prices Commentary – August 10, 2010
1794 Silver Dollar Auctioned for $1.2 Million
US Government Prints 447.8 Million Banknotes in July 2010
Gold Eagle July 2010 Sales: 1 oz Eagles Rise, Fractional Sizes...
Demand for Bullion 2010 Gold American Eagles climbed in July over June, owing mostly to a renewed interest in the one ounce coins. Conversely, sales of the smaller or fractional gold coins dropped drastically.
The United States Mint experienced a rush of orders for the fractional Gold Eagles on June 10 when they were first released to its network of authorized purchasers. Prior to that, buyers were only able to obtain the 1 oz coins which have been available all year long (although 2010-dated coins were only issued beginning January 19).
The debut month for 2010 fractionals saw 355,000 ordered, with the majority of them 1/10 ounce sizes. By comparison, July fractional dropped to 34,000 coins, or less than 10 percent of what had been ordered in June.