Monthly Archives: December 2012
Gold, Silver Drop for Fourth Week; US Gold Bullion Coins Rally
Most precious metals posted gains Friday but they all took a pounding this week, led by a 6.5% loss in silver. Other weekly declines were 2.2% for gold, 2.8% for palladium and 4.8% for platinum.
On Friday, gold for February delivery climbed $14.20, or 0.9%, to settle at $1,660.10 an ounce on the Comex in New York. The precious metal on Tuesday suffered its biggest one-day loss since [...]
Frances Cleveland First Spouse Gold Coins for Second Term
Thursday, December 20, 2012, the U.S. Mint began taking orders for this year's second set of Frances Cleveland First Spouse Gold Coins.
These are the ones honoring her service as First Lady during husband Grover's second term as President of the United States. Sales debuted for the differently designed "first term" Frances gold coins on November 15, 2012 [...]
US Mint Sales Perk Up for 2012 Commemorative Coins
Several U.S. Mint commemorative coins and the September 11 National Medals logged higher sales as their ordering deadline approached, but with most collectors already looking at 2012 through the rear-view mirror there was not a lot of excitement elsewhere in the Mint's weekly sales report.
Sales ended Monday, Dec. 17, for the 2012-dated commemorative coins and for the 2011-dated September 11 National Medals [...]
US Mint Prices for Numismatic Gold Coins May Fall
Retreating gold may result in lower prices Wednesday for numismatic gold coins sold by the United States Mint.
U.S. Mint gold coin prices were last adjusted on October 24, 2012 when the weekly average for London gold dropped to between $1,700.00 and $1,749.99 an ounce. The yellow metal's average is now [...]
Grover Cleveland Presidential $1 Coin Cover for Second Term
Today, December 18, 2012, the last of the 2012-dated Presidential $1 Coin Covers launched for $19.95, marking the 24th release in the American Presidency $1 Coin Cover Series.
Containing two circulating-quality $1 coins, this numismatic product from the United States Mint is already familiar to collectors of the series as [...]