Monthly Archives: May 2013
US Mint to Cut Prices on Gold Coins, Silver Sets as...
It looks like it will be a busy day for the United States Mint on Wednesday, May 22, given new expectations that it will cut prices on an array of gold coins and annual silver sets since their melt values continue to fall.
U.S. Mint precious metals products for collectors have always carried a significant premium over their melt values. Still, the [...]
2013 HMS Shannon & USS Chesapeake Coins in Silver, Gold and...
2013 HMS Shannon and USS Chesapeake silver, gold and platinum coins have been issued by the Royal Canadian Mint to commemorate an important naval battle fought during the War of 1812.
HMS Shannon and USS Chesapeake coins are available in denominations of $50 silver, $500 gold and $300 platinum [...]
Gold, Silver Plunge on Week; US Mint Gold Bullion Coins Rebound
Gold futures fell for a seventh straight session Friday as the U.S. dollar soared to a nearly three-year high. Gold prices have now plunged $109, or 7.4%, since last closing higher on May 8.
On Friday, gold for June delivery declined $22.20, or 1.6%, to settle at $1,364.70 an ounce on the Comex in New York [...]
US Mint Sales: West Point Set Nears 200K, Silver Eagles Top...
Collectors like their Silver Eagles. Placing an exclamation point on that statement are the latest sales figures from the United States Mint.
Released on May 9, 2013 for $139.95, the 2013 American Eagle West Point Two-Coin Silver Set has one-week sales of 193,652. As expected, its daily sales pace is beginning to slow just like daily sales for last year's Silver Eagle set from San Francisco [...]
Gold Off for Sixth Session as Inflation Falls, Gold Coins Jump
Gold futures retreated for a sixth straight session on Thursday, pressured by news that U.S. inflation declined for a second consecutive month and as outflows in gold ETFs continue.
Gold for June delivery lost $9.30, or 0.7%, to settle at $1,386.90 an ounce on the Comex in New York. Prices traded from [...]
Canadian 2013 $100 Bison Silver Coin for $100
The Royal Canadian Mint is now accepting pre-orders for the 2013 $100 Bison Silver Coin, the debuting release from its Wildlife in Motion series that features $100 silver coins that sell at face value.
Collector demand for the pure silver coins is expected to be strong. The Mint's similar Exchange $20 for $20 program has [...]