Monthly Archives: December 2012
2013 Presidential $1 Coin Designs Revealed
The U.S. Mint on Monday revealed line art designs of the 2013 Presidential $1 Coins. These are the twenty-fifth through twenty-eighth issues under the Presidential $1 Coin Program which debuted in 2007 to honor former Presidents of the United States.
Expected release dates and the Presidents depicted on the upcoming dollars are [...]
Gold Rises Modestly, Silver Dips 1.9 Cents, US Coins Gain
Gold inched higher Monday, the first day in the last full week of trading this year. Gold for February delivery gained $1.20, or 0.1%, to settle at $1,698.20 an ounce on the Comex in New York.
In thin trading, gold prices moved through intraday levels of $1,687.50 and $1,701.00. Fiscal cliff negotiations remain in the spotlight [...]
US Mint Wants More R&D to Study Alternative Coin Compositions
United States coin composition is the subject of a new report submitted by the U.S. Mint to Congress.
While the report covers many aspects, it concludes the need for more research and development before recommending possible changes to compositions of circulating coinage [...]
Gold Sheds 0.5% on Week, Silver Drops 2.5%, US Coin Sales...
Gold rose slightly Friday but stayed below the psychological support level of $1,700 an ounce and logged a third straight week of declines.
Gold for February delivery inched up 20.0 cents to $1,697.00 an ounce on the Comex in New York [...]
March of Dimes Commemorative Coin Approved in Senate
First passed in the House of Representatives and now in the Senate, the March of Dimes Commemorative Coin Act of 2012 need only be signed by the President to become law.
When that happens as is expected in the coming days, plans will get underway to strike up to 500,000 silver dollars in 2015 to celebrate [...]
Last Call for 2012 Commemorative Coins and September 11 National Medals
Monday, December 17, 2012 is the last day to buy 2012 commemorative coins and 2011 September 11 National Medals from the United States Mint. The U.S. Mint must receive orders by 5:00 p.m. ET on the 17th to be accepted.
Authorizing laws stipulated December 31, 2012 as the ending sales date for the commemorative coins and the ending production date for the September 11 National Medals [...]
Gold Drops Under $1700, Silver Dives 4.2%, US Eagle Coins Rise
Precious metals declined Thursday with gold falling 1.2% to close below $1,700 an ounce for the first time since Dec. 5 and silver diving 4.2% to settle under $33 an ounce for also the first time since Dec. 5.
On the Comex in New York, gold for February delivery lost $21.10 to end at $1,696.80 an ounce [...]
US Mint Sales Slow as Coin Collectors Look to 2013
Holiday coin shopping slowed last week, based the newest U.S. Mint sales figures. That makes sense with many collectors having wrapped up buying for 2012 and in standby mode for next year's coins.
There are newly issued U.S. Mint products, the 2012 Denali Quarters Three-Coin Set and 2012 Caroline Harrison First Spouse Gold Coins, but their debuting sales were [...]
Debut Sales for 2012 Denali National Park Quarters Three-Coin Set
Starting demand for the 2012 Denali National Park Quarters Three-Coin Set dipped some compared to past sets. Its debut sales logged in at the slowest pace since the 2011 Chickasaw quarters set.
Between its release on Tuesday, December 4, 2012 and Monday, December 10, 2012, U.S. Mint sales figures show orders totaled [...]
Gold, Silver Rise on Fed Rate Pledge; US Gold Coins Gain
Gold, silver and other precious metals advanced Wednesday after the Federal Reserve announced a new bond-buying program and said it would hold interest rates near zero until the U.S. unemployment rate drops to 6.5%.
Gold for February delivery gained $8.30, or 0.5%, to $1,717.90 an ounce on the Comex in New York [...]