Monthly Archives: December 2010
America the Beautiful Silver Bullion Coins Re-Launch
The United States Mint will re-launch the five ounce America the Beautiful Silver Bullion Coins™ on Friday, December 10, 2010. That is four days after the agency halted their release following price complaints from consumers who argued the $120 to $160 per coin premiums advertised in the market amounted to price gouging.
The US Mint's resellers must now follow new terms and conditions if they choose to participate in the America the Beautiful Silver Bullion Coins Program [...]
Gold Ends Losing Streak, Silver Prices Rise 2%
U.S. gold rose 0.7 percent Thursday as bargain-hunters stepped in after two-days of falling prices.
Silver was the biggest gainer in precious metals, advancing 2.0 percent. Palladium followed at 1.7 percent. Platinum was the single metal to decline, dropping 0.1 percent [...]
US Government Prints 496 Million Banknotes in September 2010
25.28 million more U.S. banknotes were produced in September as compared to August, the Bureau of Engraving and Printing said Tuesday in a report that was published one month later than normal and after the close out of the agency's fiscal year.
The monthly increase is the second straight for the BEP after a string of two consecutive declines [...]
US Mint Sales: Mary Todd Lincoln First Spouse Gold Coins Debut
The latest round of US Mint sales includes debuting figures for Mary Todd Lincoln First Spouse Gold Coins, roaring Proof Silver Eagle advances and robust numbers for Proof Gold Eagles, annual sets, and Mount Hood quarters.
Mary Todd Lincoln First Spouse Gold Coins were issued on Thursday, December 2. Their four-day sales debut came in at a lower-than-expected 5,505, split between [...]
2010 Proof Silver Eagle Sales Jump Past Previous Issues
Collectors are pushing 2010 Proof Silver Eagle sales to impressive heights.
Their numbers soared to 707,704 in two weeks and three days, already topping annual sales of sixteen previous issues.
They have not only passed the 2008 Proof Silver Eagle which finished at 700,979, but they currently rank as the ninth highest since the series was introduced in 1986 [...]
Gold, Silver, Metal Prices Commentary for Dec. 8, 2010
At last check, gold bullion was trading some $55+ below Tuesday's peak near $1,431 and was being quoted at $1,374.20 the ounce in New York. The same tax deal that was seen as dollar-negative yesterday was being reassessed as dollar-beneficial this morning...
That said, the yellow metal was able to bounce off the $1,382 level (and immediate support zone) for the time being. Overseas traders have pegged $1,370 and $1,350 as potential targets for the precious metal on a technical basis [...]
John Lennon Commemorative Coin on Sale at UK Royal Mint
Answering a demand placed upon it by the public, the UK Royal Mint has issued a commemorative coin dedicated to the celebrated musical figure of John Lennon.
The John Lennon Commemorative Coin was struck as part of the Royal Mint's series known as the "Great Britons" which honors famous British citizens of the past. Noted names such as William Shakespeare, Sir Winston Churchill, Charles Darwin and Florence Nightingale have all been included as part of the series [...]
Gold Prices Edge Lower, Silver Rises Slightly
U.S. gold prices settled slightly lower Tuesday, retreating from an earlier record of $1,432.50 an ounce when the U.S. dollar hit a three-week low against the yen.
The greenback rebounded, however, and profit-taking emerged. The two events were cited factors in pulling gold prices down 0.5 percent [...]
Indian Half Eagle Coins Featured in Heritage’s FUN Platinum Night Auction
The finest collectible 1909-O Indian half eagle will provide some New Year's fireworks when it comes up for auction as part of Heritage's Tampa FUN Platinum Night U.S. Coin Auction.
This magnificent coin is the principal highlight of The Jim O'Neal Collection of $5 Indians, the #1 All-Time Finest set of its kind graded by PCGS [...]
Pearl Harbor 70th Anniversary Commemorated in Gold, Silver and Bronze Medals
The Pearl Harbor Survivors Association authorized the Royal Hawaiian Mint to issue three medals in gold, silver and bronze to commemorate the 70th anniversary of the attack on Pearl Harbor.
The medals will be issued during a "Year of Remembrance" leading up to the 70th anniversary from December 7, 2010 to December 7, 2011 [...]