Yearly Archives: 2012
2012 Native American $1 Coins Released in Bags
The United States Mint is offering more options to get 2012 Native American $1 Coins. 100-coin bags of the dollars were released Monday, May 14, for $111.95 per bag.
2012 Native American $1 coins have actually been available from the U.S. Mint within $1 rolls and boxes since April 26. Last month the U.S. Mint started offering 25-coin rolls for $32.95 each, 250-coin boxes for $275.95 each, and 500-coin boxes for $550.95 each [...]
US April Coin Production: New 2012 Presidential Dollars and Quarter Mintages
U.S. coin production in April climbed sharply over the previous month and from the same time last year, newly reported figures from the United States Mint show. Just three coins were produced for circulation last month, plus one for collectors.
Among the updated numbers were mintages for the Chaco Culture National Historical Park Quarter -- the second of five 2012 America the Beautiful Quarters, and three of the four 2012 Presidential dollars honoring Chester Arthur, Grover Cleveland and Benjamin Harrison.
In The Lead – Doom & Gloom Of Another Variety
After suffering a roughly 4% loss last week, gold prices headed even lower overnight and this morning as further erosion in crude oil and the euro and further advances in the US dollar made life more difficult for the few remaining bulls in the market.
Bullish sentiment had already dipped to well under the ten percent mark late last week, giving rise to hopes that a counter-trend rally might finally emerge today after six-plus brutalizing trading weeks and a ten-week-old chart downtrend but the flight to (US) cash has prevented [...]
Gold Logs 2nd Straight Weekly Loss, American Eagle Coins Mixed
Gold declined Friday, securing a second straight weekly loss along with other precious metals. Gold prices fell in four of the last five days as investors' instead favored the U.S. dollar which extended its winning streak to ten sessions.
"When the market gets very nervous, then they (investors) buy dollars and gold finds it difficult to rally," Bloomberg quoted Jesper Dannesboe, an analyst at Societe Generale SA in London. "Given what's going on in the markets at the moment, any rally will probably just be a bounce before another setback."
Weekly precious metals losses were 3.7% for gold, 5.1% for silver, 4.2% for platinum and 7.5% for palladium [...]
Kennedy Halves, Native American $1 Coins in US Mint Mid-May Releases
The United States Mint will launch four new products next week. The first two expand on prior releases of Native American $1 coins and the others feature this year's Kennedy half dollar.
Neither item is mass produced for public circulation via the Federal Reserve Banking System like other American coinage. Instead, Native American $1's and Kennedy halves are struck in smaller quantities and only to fulfill collector orders [...]
150th Anniversary Lincoln Intaglio Print Released by BEP
On Thursday, May 10, 2012, the Bureau of Engraving and Printing released the 150th Anniversary Lincoln Intaglio Print, the first of three intaglio prints for 2012 that commemorate the BEP's 150th anniversary.
This numismatic collectible features an engraved portrait of Abraham Lincoln, the 16th President of the United States. It also has, "The Bureau of Engraving and Printing 150th Anniversary Honoring 150 Years of Pride, Craftsmanship and Innovation 1862-2012," among its decorative embellishments [...]
In The Lead – A Whale Of A Tale
After briefly poking above the $1,600 mark during the trading day on Thursday, gold prices resumed their march towards lower value ground and were once again seen touching the $1,585 level by the late evening hour in New York.
With gold prices orbiting near 17-week lows there are naturally quite a number of questions surrounding the yellow metal's near and medium-term fate and a couple of institutional firms (Barclays Capital sees an average of $1,716 gold this year) have cautiously reduced their forecast for bullion with regard to those time frames [...]
2012 Australian Koala 5 Oz and Gilded Silver Coin Issues
The Perth Mint of Australia is expanding on its 2012 koala silver coin series with the release of two new strikes. The 2012 Australian Koala 5 Oz Silver Proof Coin and the 2012 Australian Koala Gilded Silver Coin are both available now directly from the Perth.
These two new silver coin issues feature the same basic obverse and reverse designs as first seen on the 2012 koala bullion coins which made their debut on November 1, 2011 [...]
NGC Grades 25 Million Coins in Historic Milestone
Numismatic Guaranty Corporation (NGC), a Florida-based independent coin certification and grading company, announced today it has graded 25 million coins -- becoming the first grading company to reach this milestone.
Throughout its 25 years in business, NGC has been instrumental in expanding the coin industry both in the United States and abroad. The company has helped facilitate the acceptance of [...]
Gold Prices Inch Higher but Silver Dips, 1 Oz Eagle Coins...
Gold prices edged higher Thursday after the yellow metal settled to its lowest point of the year on Wednesday. Gains were limited by the U.S. dollar which turned up against other major currencies for a ninth straight session.
Gold prices for June delivery rose $1.30, or 0.1%, to $1,595.50 an ounce on the Comex in New York, trading through a daily range of $1,585.00 to $1,602.20 [...]