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2012 September

Monthly Archives: September 2012

Gold, Silver Surge in Quarter, Sept. Sales of US Bullion Coins...

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Gold Bar, US Bullion Coins

Gold Bar, US Bullion CoinsGold retreated from a seven-month high Friday but still scored a quarterly 10.6% pick-up, its best quarter in more than two years.

Gold was not the lone commodity to rise during the July-September period. The precious metals complex was rowdy across-the-board with companion quarterly gains of over 25% for silver, nearly 15% for platinum and almost 10% for palladium [...]

Mark Twain Commemorative Coins Approved by Senate

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Mark Twain Forever commemorative stamp

Mark Twain Forever commemorative stampBefore the Senate adjourned for a recess that will last until after the November elections, H.R. 2453, the Mark Twain Commemorative Coin Act, was approved with amendments by Unanimous Consent.

With that, the amended bill will need a nod from the House and a signature from the President and commemorative coins honoring Mark Twain will be issued in 2016 [...]

US Mint Tweaks Its Website

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US Mint Website Image

US Mint Website ImageThe United States Mint overnight rolled out another series of tweaks to its website at www.usmint.gov. The most visible changes appear within the pages of its online store.

Featured U.S. Mint products and new announcements are shown front and center. This page currently includes an announcement about the improvements the U.S. Mint is making [...]

Gold Rebounds to 7-Month High, Silver Surges, US Coins Advance

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Gold Eagles and Silver Dollars

Gold Eagles and Silver DollarsGold rebounded from a two-week low on Wednesday to a seven-month high on Thursday as buying sparked from news of austerity steps in Spain and hopes for new stimulus measures in China.

Gold prices for December delivery rallied $26.90, or 1.5%, to $1,780.50 an ounce on the Comex in New York -- the biggest gain since September 13. The settlement price was the highest since [...]

US Mint Sales: Sets, Covers Overshadow Collector Gold and Silver Coins

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2012 Silver Proof SetU.S. Mint coin sets and coin covers showed the best week-over-week sales while demand weakened for collector gold and silver coins.

Bullion coins, however, continue to race with September already the second best sales month of the year for silver coins and headed that way for gold coins [...]

Gold Settles at Two-Week Low, Silver Near Unchanged

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U.S. MoneyGold closed at a two-week low Wednesday, pressured by a stronger U.S. dollar and general weakness in commodities.

Gold prices for December delivery declined $12.80, or 0.7%, to settle at $1,753.60 an ounce on the Comex in New York. The settlement price was the lowest since gold closed at $1,733.70 an ounce on September 12 [...]

1909 V.D.B. Lincoln Cent on NASA’s Mars Rover Curiosity

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1909 Lincoln Cent on Mars rover Curiosity

1909 Lincoln Cent on Mars rover CuriosityNASA's Mars rover Curiosity has taken the first photographs of a camera calibration target that actually includes a classic United States coin. Found in the target is a 1909 V.D.B. Lincoln Cent.

The century old coin and other calibration devices are used by Curiosity's Mars Hand Lens Imager ( MAHLI) to test its performance. MAHLI is capable of focusing on objects as close as 2.1 centimeters up to infinity [...]

In The Lead – That Pain in Spain (and Greece) Again

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Precious Metals CommentaryPrecious metals prices headed substantially lower this morning as European and Fed-related worries resurfaced with a vengeance only two or so weeks after markets envisioned certain developments to open up a one-way path to significantly higher prices.

Spot gold fell to well under the $1,750 pivot point, losing about $23 per ounce in the process and showing a bid at $1,738 at last check, very near a fairly important support level (the next one comes around $1,723 per ounce) [...]

Quarters and $1 Coins Added to US Mint Product Schedule

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US Mint Image of Products

US Mint Image of ProductsNew collector products with release dates in November and December were added to the U.S. Mint's product schedule this week.

In a bit of a surprise, no products are currently scheduled for release in October [...]

Debut Sales Figures of Benjamin Harrison Presidential $1 Coin Cover

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Benjamin Harrison Presidential $1 Coin CoverDebuting sales figures are in for the newly released Benjamin Harrison Presidential Dollar Coin Cover, the twenty-third issue in the American Presidency $1 Coin Cover Series.

Between its release on Tuesday, September 18, 2012 through to Monday, September 24, 2012, United States Mint sales totaled 11,658 [...]