Monthly Archives: September 2013
How the Philadelphia Mint Makes Coins for Circulation
It took coiners in Colonial Philadelphia three years to strike the first 1 million coins, and they worked 11 hours a day, 6 days a week.
Today the men and women at the Philadelphia Mint can churn out 1 million coins in 30 minutes, with more than 4 billion coins already produced this year. How do they do it? It takes a dedicated group of people, modern technology and a city block of working space [...]
Fort McHenry Quarters Three-Coin Set Available
The United States Mint released the latest set in the America the Beautiful Quarter product series, the 2013 Fort McHenry National Monument and Historic Shrine Quarters Three-Coin Set.
This set launched today and is being sold for $9.95, which is the same price as the last eight America the Beautiful Quarters Three-Coin Sets [...]
Gold, Silver Continue Rally; Notch Biggest Gains Since 2009
Precious metals surged Thursday, extending sharp gains that began after the Fed's surprising decision Wednesday to maintain its stimulus without any tapering.
Gold rallied $61.70, or 4.7%, to finish at $1,369.30 an ounce silver soared $1.73, or 8%, to $23.29 an ounce. The day's gains in both metals were the biggest since [...]
Gold, Silver Close Lower; Then Soar as Fed Holds Tapering
Gold and silver prices settled lower in normal trade Wednesday, then shot sharply higher in extended trading after the Federal Reserve unexpectedly announced that it was sticking with its stimulus program.
Gold for December delivery lost $1.80, or 0.1%, to settle at $1,307.60 an ounce. After news of the Fed announcement surfaced, gold prices soared nearly $60 toward [...]