Monthly Archives: May 2012
Gold and Silver Drop, US Silver Coins Top Prior 3 Months
Gold prices declined Tuesday following the U.S. holiday-extended weekend and after two straight session increases.
The yellow metal gave back all but 30 cents of those prior-day gains as the U.S. dollar rallied Tuesday after credit agency Egan-Jones downgraded Spain's debt [...]
Star-Spangled Banner Bicentennial Silver Dollar Set Introduced
Official details have emerged for the 2012 Star-Spangled Banner Bicentennial Silver Dollar Set. The U.S. Mint late Friday afternoon published a press release about the set and made its online product page live.
Launching on Friday, June 1, 2012, the Star-Spangled Banner Bicentennial Silver Dollar Set will go on sale for a price of $53.95, have a household ordering limit of 100 and an overall product limit of 50,000. Included in the set are [...]
Gold, Silver Down on Week, US Silver Eagle Coins Top 14M
Gold advanced for a second straight day Friday but those gains stacked smaller against three days of prior losses and prices resultantly ended 1.4% lower this week.
Gold was pressured most of the week by the U.S. dollar which strengthened as concerns grew over Greece possibly leaving the European Union. [...]
US Mint Ends May with El Yunque 5 Oz Coin, Starts...
May turned out to be an exciting month for collectors, especially after a couple annual core sets were released. To end May and start June, the U.S. Mint plans to release an America the Beautiful 5 Ounce Silver Uncirculated Coin followed by a commemorative Star-Spangled Banner bicentennial silver dollar set.
Beginning Tuesday, May 29, the 2012 El Yunque National Forest Five Ounce Silver Uncirculated Coin will be released [...]
Grover Cleveland’s First Term Presidential $1 Coin Released
Heading into the three-day Memorial Day weekend, the United States Mint today, May 25, 2012, released the Grover Cleveland Presidential $1 Coin honoring the first of the former leader's two non-consecutive terms. The new coins celebrating the 22nd President went on sale at noon ET directly from the U.S. Mint in rolls, bags, and boxes.
It is the second of four releases this year in the United States Mint Presidential $1 Coin Program, with the first $1 coin honoring Chester Arthur launching more than a month earlier [...]
In The Lead – PGMs = Promising Group of Metals. Part...
This morning's opening in precious metals was showing gold prices marginally higher, spot silver bids somewhat lower, and some mild gains in platinum and palladium.
Rhodium fell $25 to $1,275 per ounce. Pre-long-weekend book-squaring –and not just in precious metals- was beginning to become manifest as participants began tallying up the week that was [...]
Gold Gains 0.6% as Silver Rallies 2.3%, US Coins Up
Gold advanced more than $9 Thursday, bucking a three-day losing streak in which prices pulled back $43.30 to below $1,550 an ounce.
Gold prices for June delivery gained $9.10, or 0.6%, to $1,557.50 an ounce on the Comex in New York. Prices traded between an intraday low of $1,551.00 and a high of $1,577.70 [...]
US Mint Sales: 2012 Proof Sets Lead Debuting Products
2012 Proof Sets continue to make their mark as the U.S. Mint's best-selling numismatic product, the latest sales figures from the bureau reveal.
Two-week sales of 2012 Proof Sets are at 261,799 with a weekly increase of 18,305 after their sales debut of 243,494. As was expected due the set's popularity, the amount was larger than totals for last week's new products which feature Kennedy halves and Native American $1 coins [...]
US Mint Adds Key Releases to 2012 Product Schedule
A commemorative coin set, an annual silver proof set, 2012 America the Beautiful 5 Ounce Silver Uncirculated Coins and this week's newly announced San Francisco produced circulating quality ATB quarters are just a few of the numismatic items listed in the updated product schedule from the United States Mint.
This listing offers anticipated release dates for the U.S. Mint products which will be issued between now and the end of August [...]
Watermelon Collection of Banknotes Offered by Stack’s Bowers in August
Stack's Bowers Galleries, leading auctioneer and retailer of premium collectible coins, currency and precious metals, announces the offering of a sophisticated collection of United States Federally Issued banknotes pedigreed as the Watermelon Collection.
This advanced assortment covers nearly all genres of the large size type issuance and will be a featured collection in the Stack's Bowers Galleries Official Auction of the American Numismatic Association World's Fair of MoneySM this August in Philadelphia [...]