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2010

Yearly Archives: 2010

US Mint Sales: May 2010 Gold Bullion Highest Since 1999

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US Mint Sales Figures ImageBuyers spent more money last week for both numismatic and bullion United States Mint coins.

190,000 ounces of bullion American Gold Eagles left U.S. Mint inventories in May. That marks the highest level since 216,000 were sold in June 1999.

Mint authorized purchasers also snapped up 70,500 American Gold Buffalos, bringing the total ounces of bullion gold May sales to 260,500. Only one month since the Mint's bullion program launched in 1986 recorded better, and that was January 1999 with 281,000 ounces of gold coins.

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Gold Slides 1%, Silver Falls 2.1%

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New York gold futures retreated 1.0 percent on Thursday, dropping the most in a week as safe-haven buying weakened, risk appetite strengthened and a...

US Mint May Coin Production: 2010 Nickels, Dimes Mintages Soar

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Roosevelt DimeThe United States Mint today published coin production figures for May that are a bit more interesting than many past months.

2010 dime mintages soared, making them far from scarce -- at least when stacked up to the slimmer looking 2009 dime numbers. In fact, May's output alone matched all of 2009's.

Jefferson nickels also leaped forward following their debuting token April output.

Also revealed in the US Mint's May data are the finalized production figures for Franklin Pierce Presidential $1 coins, the second of four Presidential dollars for 2010. As the following table illustrates, the only coins not produced were Kennedy Half-Dollars.

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Ohio Teenager Wins 2010 PNG Scholarship for ANA Summer Seminar

(Waterville, Ohio) -- A Northern Ohio teenager who discovered the joys of numismatics three years ago from his father's long-ago coin collection is the...

Gold, Silver, Metal Prices Commentary – June 2, 2010

Paradox: The Rich List Poor on Gold Good Morning, Another day on the road, another abbreviated version of the daily usual. Gold's eight-day run...

2010 America the Beautiful Quarters Sets Debut Strong

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Annual America the Beautiful Quarters™ Sets have opened to stronger sales than their companion 2009 quarters sets. This year's first two sets recently launched...

2010 Boy Scouts Commemorative Coins 2,820 Short of Sell Out

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Sales ticked slightly slower for 2010 Boy Scouts Commemorative Coins. Newly released United States Mint figures reveal 2,820 of the proof silver dollars are...

May 2010 American Silver Bullion Coin Sales Highest Since December 1986

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2010 American Silver Eagle Bullion CoinThe United States Mint's bullion 2010 American Silver Eagles posted their best May and second best sales month in history, according to the most recent figures available from the Mint.

In just the one month, buyers purchased an astonishing 3,636,500 of the one ounce .999 fine silver coins. This number smashes the old May record of 1,904,500 set last year.

May 2010 sales fell short of the best month ever by only 59,500. December 1986 retains the title with 3,696,000. While the month to month comparison is always valid, it should be noted that December 1986 bullion eagle numbers were lifted by the excitement of their premiering worldwide release just days earlier.

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"America The Beautiful" Trademark US Mint Owned?

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American FlagAccording to the lawyers at the U.S. Mint, the term "America the Beautiful" cannot be used when referring to the quarter series without noting that it is a trademark.

Coin World is reporting that Numismatic Guarantee Corporation will change the labels they use on certified 2010 quarters to remove "America The Beautiful" from across the top because the lawyers at the U.S. Mint complained.

According to registered trademark number 77823874, the trademark is for the term America the Beautiful Quarter™ with the disclaimer "No claim is made to the exclusive right to use America or Quarters apart from the mark as shown."

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Gold, Silver, Metal Prices Commentary – June 1, 2010

Murder On the Euro-Express? Good Morning, The holiday-shortened trading week opened on a firmer footing for precious metals last night, as a confluence of several...