Monthly Archives: August 2010
Star Spangled Banner Commemorative Coin Act to Become Law
Gold Prices Jump Above $1200; Metals Commentary – August 6, 2010
Gold Marks 7th Day of Gains, Silver Advances
2010 Boy Scouts Silver Dollars Sold Out
The United States Mint finally placed the proof 2010 Boy Scouts of America Centennial Silver Dollar on official "Sold Out" status -- weeks (if not months) after many had anticipated the event would occur.
This closes the final chapter on what has been an interesting roller-coaster for the commemorative coins that celebrate the 100th anniversary of the founding of the Boy Scouts of America.
The proof coins launched on March 23, 2010, along with their uncirculated counterparts, to overwhelming demand.
In fact, ordering in the first few hours was so intense that the U.S. Mint's online store and telephone systems experienced significant issues reminiscent of the troubles that occurred during last year's Lincoln Coin and Chronicles Set release.
US Mint Sales: Sets Remain Most Active, Bullion Gold Eagles Wane
United States Mint weekly bullion coin sales slowed as gold and silver prices fell.
And numismatic products dropped in pace without the allure of newly released annual sets pulling collectors into the store -- as happened in the prior two weeks when the uncirculated 2010 Mint Set and then the 2010 Proof Set launched.
The two sets remain sales leaders, although weekly increases are falling quickly. The 2010 Mint Uncirculated Set went from its 247,085 debut to 46,321 and then 22,778. The 2010 Proof Set opened at 296,379, with the next seven days adding 54,637.
Gold, Silver, Metal Prices Commentary – August 5, 2010
US Mint July 2010 Coin Production: Buchanan Dollars Scarcest
Breaking a string of four consecutive monthly gains, the coin production pace in July retreated 15.98 percent from June according to newly published United States Mint mintage figures.
Coin levels fell across the board, with the exception of Roosevelt dimes which shot 33.5 million higher than the increase in June. Three major coin production events occurred in July:
Yosemite Quarter Mintages Revealed, Bags and Rolls Sales Debut
This week the United States Mint published the opening sales figures for Yosemite National Park Quarters, and with a new month beginning it also released new coin production figures that provided the preliminary 2010-P Yosemite quarter and 2010-D Yosemite quarter mintages.
Bags and rolls of the third coin released in the America the Beautiful Quarters™ Program were launched on Monday, July 26 -- the Yosemite quarter ceremonial release occurred on Thursday, July 29. Their opening sales show that collectors purchased just over 2.7 million quarter-dollars between Monday and Sunday.
That is near the level of the prior Yellowstone product debuting numbers and about 377,000 shy of the first Hot Springs sales figures. Yellowstone figures are handicapped slightly as the rolls and bags were released on a Tuesday, giving one day less of availability.