Monthly Archives: February 2013
US Mint to Cut Gold Coin Prices Now, Hike Premiums Later
Gold plunged last week and hit a six-month low this week. Its downward spiral will trigger United States Mint pricing cuts for certain gold coins by noon ET Wednesday, Feb. 20.
Separately, the U.S. Mint has announced new pricing for gold and platinum products. Changes include higher premiums that will go into effect on [...]
Gold Hits 6-Month Low, Silver Falls Below $30, US Coins Gain
Precious metals split Tuesday with platinum and palladium advancing as gold and silver declined.
Gold in early trading came within 20 cents of hitting $1,600 an ounce. By day's end, it notched a fourth straight session loss and closed at a more than six-month low [...]
William McKinley Presidential $1 Coins in Rolls, Bags and Boxes
Product sales began Tuesday, February 19, 2013 for William McKinley Presidential $1 Coins. Available United States Mint production options including varying quantities of circulation-quality dollars in rolls, bags and boxes.
These $1 coins celebrate the 25th President of the United States of America. They are the first [...]
Gold Drops 3.4% on Week, Silver Plunges 5.1%, US Bullion Coins...
Precious metals plunged from between 1.4% to 1.9% on Friday and all but palladium dived deeper for the week. Palladium squeaked out a 0.2% weekly increase while losses for the other metals stacked to 3.4% for gold, 5.1% for silver and 2.2% for platinum.
On Friday, gold futures for April delivery declined $26.00, or 1.6%, to close at [...]
Pro Football Hall of Fame Coins Return in Senate Bill
Legislation has returned calling for commemorative coins in recognition of the Pro Football Hall of Fame.
S. 203, the Pro Football Hall of Fame Commemorative Coin Act, was introduced on Jan. 31, 2013 by Sen. Rob Portman (R-OH). If it becomes law, the U.S. Mint will strike up to [...]
White Mountain Quarter Ceremony, Coin Exchange and Coin Forum
An official release ceremony for the White Mountain National Forest quarter will be held February 21, 2013, the United States Mint has confirmed. A coin exchange will follow immediately after the ceremony.
Also released are details for a coin forum the U.S. Mint will host on the evening prior to [...]
Gold Drops to 6-Month Low, Silver Falls 1.7%
Gold fell for a second straight session and to a six-month low Thursday as the U.S. dollar firmed on disappointing euro zone GDP figures.
Gold for April delivery declined $9.60, 0.6%, to $1,635.50 an ounce on the Comex in New York [...]
2013 Presidential Dollar Proof Set Available
On Thursday, Feb. 14, 2013, the U.S. Mint began accepting orders for its 2013 Presidential $1 Coin Proof Set. Its price is $18.95.
The annual Presidential Dollar Proof Set debuted in 2007. This seventh-year set features the four 2013 Presidential $1 Coins with obverse portraits and inscriptions of [...]
US Mint Sales: Eagles, Gold Coins Improve
Without new products from the U.S. Mint to excite buying, unit sales retreated for the most part. Exceptions included American Eagles, new and old.
Compared to its previous 21,592 weekly increase, the 2013-W Proof Silver Eagle advanced 23,506 during its second full week of sales. With that gain, it hurdled the 300,000 level and [...]
Gold Falls, Silver Dips Despite Higher Forecasts, US Coins Rise
Gold edged lower Wednesday, maintaining a price below $1,650 an ounce for a second session. The U.S. dollar offered resistance as it fluctuated between gains and losses, eventually settling a tad higher.
Gold for April delivery shed $4.50, 0.3%, to close at $1,645.10 an ounce on the Comex in New York [...]