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2010 November

Monthly Archives: November 2010

US Mint Accidentally Deletes 2,200 Proof Silver Eagle Orders

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2010 Proof Silver EagleThe US Mint today is attempting to contact some 2700 customers to let them know their coin order was deleted, including 2,200 customers who placed orders for the highly coveted 2010 Proof Silver Eagle coin.

The deleted orders were limited to online transactions. Additionally, the latest information indicates that the majority of the deletions, if not all, occurred within a one hour span of time between 2 and 3 pm (ET) on Friday, November 19, 2010 [...]

US Mint Sales: Lincoln Dollars & America the Beautiful Quarters Debut

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Mint CoinsLast week was the busiest in 2010 for US Mint product releases. This week most of the debuting US Mint sales figures are available for those launches, including numbers for Abraham Lincoln Dollars and three of the four America the Beautiful Quarters® products.

As one of the most anticipated issues this year, Lincoln Presidential Dollars debuted atop their field with sales of [...]

Gold, Silver, Metal Prices Commentary for Nov. 24, 2010

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Bullion Bars

Gold prices appear to have reacted in a less-than-would-be-anticipated manner to the Korean peninsula instability, as well as to the Irish debt and banking situation.

Spot gold bullion opened with a small, 70-cent loss this morning and was quoted at $1,375.80 per ounce on the bid-side in New York. Dollar strength (the greenback was up 0.11 at 79.78 on the index) and scattered selling contributed to the decline. The yellow metal traded between [...]

Gold Prices Settle 1.5% Higher, Silver Rises Modestly

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Fine Gold Bars

Gold prices rose 1.5% Tuesday as a deadly North Korean missile attack on South Korea rocked markets.

Other precious metals climbed as well, but much more modestly. Silver gained 0.4 percent, platinum added 0.1 percent and palladium rose 0.9 percent [...]

 

Gold, Silver, Metal Prices Commentary for Nov. 23, 2010

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Bullion Bars

Geopolitical turmoil made an unwelcome reappearance on the scene overnight as North Korea's 200-plus artillery shells landed on South Korean territory and prompted return fire as well as the scrambling of the latter's fighter jets.

Gold prices were initially held in check as attempts to build on geopolitically induced gains were countervailed by mounting weakness in the euro. That was true up to a point only, however. Gold has historically shown strong bids in the wake of projectiles flying between countries, and this morning was no different [...]

2010 America the Beautiful Quarters Uncirculated Coin Set Available

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America the Beautiful Quarters Uncirculated Coin SetThe US Mint today, November 23, at Noon ET placed the 2010 America the Beautiful Quarters Uncirculated Coin Set on sale for a price of $21.95.

The release marks the completion of the Mint's busiest patch of product launches, and is the last from its numismatic November 2010 product schedule. It is also the final America the Beautiful Quarters® product release in 2010 [...]

2010 Proof Silver Eagle Sales Start at 273,212

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2010 Proof Silver Eagle

2010 Proof Silver Eagle sales erupted with 273,212 sold in less than three days, according to the latest US Mint sales figures.

Collectors handed out a whopping $12.5+ million in total to acquire the Proof Silver Eagle between its launch on Friday, November 19, 2010 and Sunday [...]

2010 Silver Eagle Scores Three Records

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2010 Silver Eagle Bullion Coin

2010 Silver Eagle Bullion CoinThree new records for the 2010 Silver Eagle were set at various points in November: best annual sales, best Silver Eagle mintage, and the best ever month.

Striking as well is the fact that each of the new records have not yet peaked -- there is more than a week of sales remaining in November, and the annual mintage and sales levels will climb higher through December [...]

US Mint Ceremony Introduces Mount Hood National Forest Quarter

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Mount Hood National Forest Quarter Ceremony

2010 Mount Hood National Forest Quarter CeremonyWith a definite chill in the air outside, the US Mint in association with the United States Forest Service officially unveiled Oregon's 2010 Mount Hood National Forest Quarter to a standing room only crowd.

On Wednesday, November 17, 2010, the ceremony began at 10:30 AM Pacific Time (PT) and took place inside of Portland's World Forestry Center located just a few miles from the border of the national forest [...]

Bowers and Merena Auction Realizes $13.2 Million

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1927-S Standing Liberty Quarter
Standing Liberty Quarter

Bowers and Merena saw spirited bidding as the Official Auctioneer of the November 2010 Whitman Coin & Collectibles Baltimore Expo.

Nearly 3,900 lots of rare US coins and currency crossed the auction block in the Nov. 4-6 sale and realized $11.6 million. Ponterio & Associates, Bowers and Merena's world and ancient coin division, brought over 2,900 lots and added an additional $1.6 million to the sale [...]