Monthly Archives: January 2010
Gold Breaks Winning Streak, but Silver Advances
Detecting Counterfeit Pound Coins
Coin News: Fractional Gold, Coin Grading, Coin Compositions, COTY
US Mint Coin Demand Picks Up Slightly, 2009 Bullion Eagles Still...
Sales of collector coins from the United States Mint appear to have stopped their three week slide, but not by much. According to their latest report, no new drastic drops are apparent. Unfortunately, also equally missing from that data are significant gains.
While not huge in numbers, the First Spouse Gold Coins saw almost across the board improvement, not that this was hard to do after the previous week's disappointing sales.
Leading the pack was the Margaret Taylor First Spouse Proofs with a 110 unit increase. The only spouse to show a set back was the Letitia Tyler Uncirculated Coin, declining 11 from the week prior to 9 new sold. You may recall that each of these coins are struck from 1/2 ounce, 24-karat gold. That sets their price points of $729 for the proofs and $716 for the uncirculated coins, which is steep for most casual collectors.
2009-dated American Silver Eagle bullion coins are showing consistent demand with 131,000 sold so far in the month of January. Gold Bullion Eagles came in at 6,000. As a reminder, the 2010-dated versions will not be offered by the US Mint until January 19.
A few other striking items from the weekly sales report:
Gold Gains for Fourth Day, Silver Tops $18
US Mint 2009 Silver Eagles Set December Sales Milestones
US Mint Lincoln Bronze Medals Available
Gold, Silver, Metal Prices: Commentary – 1/6/2010
2010 Coins Mark 100 Years of Australian Coinage
The Royal Australian Mint on January 1, 2010, revealed new $1 coins celebrating a century of Australian coinage. Marking the unique anniversary is a historic reverse design featuring four heads for the very first time.
Four headed Royal Australian Mint $1 Coins - CLICK TO ENLARGE
Portrayed are the monarchs that have appeared on Australian coins during the past one hundred years -- King Edward VII (1901-1910), King George V (1910-1936), King George VI (1936-1952) and Queen Elizabeth II (1952-present).
"This commemoration is a significant milestone in Australia's history," said Royal Australian Mint Acting Chief Executive Officer Graham Smith. "Along with the new Government and Constitution, the change in 1910, from the British monetary system to our own, heralded the unity and budding independence of our young nation. And this is what we are celebrating in 2010."