Monthly Archives: February 2010
MSNS Spring 2010 Convention Features Counterfeit Detection Seminar
Gold Stumbles 0.5% to $1,112/oz, Silver Falls 2.5%
Gold, Silver, Metal Prices: Commentary – 2/3/2010
US Mint 2010 Coin Production Crawls in January
Coin production at the United States Mint limped into January with only 218,410,000 coins struck. The pace was quicker than in December, but that is a non comparison since no coins were minted during the final month of last year.
| Denver | Philadelphia | Total | |
| 2010 Lincoln Cents | 50,000,000 | 65,230,000 | 115,230,000 |
| 2010 Jefferson Nickels | 0 | 0 | 0 |
| 2010 Roosevelt Dimes | 0 | 0 | 0 |
| 2010 Quarters | 0 | 0 | 0 |
| 2010 Kennedy Half Dollars | 1,700,000 | 1,800,000 | 3,500,000 |
| 2010 Native American $1 | 14,000,000 | 11,200,000 | 25,200,000 |
| 2010 Presidential $1s | 36,960,000 | 37,520,000 | 74,480,000 |
| Total | 102,660,000 | 115,750,000 | 218,410,000 |
Measuring apples to apples to a better degree, production in January 2010 was less than half that of January 2009. And the first month of last year was a snail's pace from prior months, registering a production total of 513,420,000 that was predictive of even slower months ahead. The new figures appear to be waving a red flag, signaling that the tepid economy is likely to seriously impact coinage mintages for a second straight year.
Gold Surges 3.2% in Two-Day Rally, Silver Advances
2010 Uncirculated Presidential $1 Dollar Images Showcase New Designs
Coin News: 2010 Cents Certified, 2008 Proof Sets Values, Gold Coin...
US Mint Gold and Silver Eagle Bullion Demand Hits January Highs
The United States Mint has closed out the month of January, publishing strong sales figures for its precious metals bullion coins.
American Eagle Silver Bullion Coin demand hit a record pace. Interest in American Eagle Gold Bullion Coins was elevated, reaching the top ten in all-time January sales. The numbers are more than interesting considering several factors, including New York gold prices falling 1.1 percent in January and silver prices plunging 3.9 percent.
Silver Eagle sales tallied up to an amazing 3,592,500, making it the best January ever for the one ounce silver coins. In comparison, only two months in the history of the program have ever seen numbers topping the 3 million mark. The most recent was March of last year with 3,132,000. The all-time leading month is December 1986 at 3,696,000 -- the first full month in which the coins were available under the new American Eagle Bullion program.