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2010 June

Monthly Archives: June 2010

US Government Prints 551.68 Million Banknotes in May 2010

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The U.S. government printed more money in May than in April, making it the second highest production month of 2010 behind leading March, according...

Gold, Silver, Metal Prices Commentary – June 21, 2010

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Yuan Me, Kid, We're Gonna Be Flexible Good Morning, A new season is here, complete with new attitudes. China's weekend announcement that it would give...

Bullion Prices & Business Weekend Recap – June 19, 2010

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U.S. gold closed to a record high for a second day on Friday, capping its fourth straight week of gains. The yellow metal rode...

2010 Boy Scouts Proof Silver Dollars Sell Out

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2010 Boy Scouts Centennial Commemorative CoinThe 2010 Boy Scouts of America Centennial Proof Silver Dollar sold out Friday afternoon, with the United States Mint asking potential buyers to join a waiting list.

This procedure is normal for the U.S. Mint and has been utilized on past sell outs, like when the Boy Scouts Uncirculated Silver Dollars reached the same status on April 26, 2010.

Those joining the standby list will be sent the proof commemorative on a first-come, first-served basis, and only if a previous order is: canceled, returned or affected by a processing issue such as an expired credit card.

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Lincoln Coin and Chronicles Set Values Robust

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US Mint Lincoln Coin and ChroniclesIt has been just over eight months since the United States Mint released the Lincoln Coin and Chronicles Set on October 15, 2009 to a ravenous group of buyers.

Initial day ordering was so high that many collectors experienced technical difficulties on the U.S. Mint's online store and when calling in by phone.

Reports placed sales in the first five hours at almost 30,000 -- an amazing number considering the mintage of the sets was capped at 50,000. Fast-forward 25 hours and all of the Mint's inventory was marked as sold. New orders were entered on a standby "waiting list" to cover cancellations.

While the 30-hour sell-out was longer than some actually predicted, it showed the intense interest collectors and the general public had for the sets... and still do.

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Gold Nears $1260; Silver, Metal Prices Commentary – June 18, 2010

Never A Dull Momentum Good Morning, The final trading day of the week commenced with the euro maintaining its recently acquired strength and the US...

Gold Prices Close at Record High, Silver Rises 1.8%

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New York gold prices ended up 1.5 percent on Thursday to close at a new record and flirted with its all-time intraday high of...

US Mint Sales: Gold Coins, Lincoln Cents and Annual Sets Rally

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United States Mint fractional bullion American Gold Eagles sprinted out of the gate, while old and new Lincoln cents and annual collector...

Gold Gains, Silver, Metal Prices Commentary – June 17, 2010

The Creeping Art of Ultracrepidarianism Good Morning, You can count Spanish bond auctioneers among the few happy campers over in Europe this morning. The...

Gold Prices Retreat Slightly, Silver Declines 0.7%

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New York gold prices shifted slightly lower on Wednesday as a variety of factors to include profit-taking, increased risk appetite, and a stronger U.S....