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2013 September

Monthly Archives: September 2013

2013 Reverse Proof Gold Buffalo Values Solid to Strong

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2013 Reverse Proof Gold Buffalo

2013 Reverse Proof Gold Buffalo Values Solid to StrongSecondary market values of the 2013-W $50 Reverse Proof Gold Buffalo are solid to very strong with sellers making money even as buyers show restraint.

In a volatile precious metals market and during the two weeks since the reverse proof went off sale, collectors certainly [...]

Gold, Silver Fall; US Mint Gold Bullion Sales Bounce

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US Mint Gold Eagle bullion coins

Gold, Silver Fall; US Mint Gold Bullion Sales BounceGold, silver and other precious metals extended declines into a second session Monday, though losses were tame compared to poundings on Friday.

U.S. Mint sales bounced higher for gold and silver bullion products. Silver coins, all in Silver Eagle sales, advanced [...]

2013 West Point Silver Eagle Sets Shipped, Values High

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Photo of 2013 American Silver Eagle Two-Coin Set

2013 West Point Silver Eagle Two-Coin Sets Shipped, Values HighAll 2013 American Silver Eagle Two-Coin Sets from West Point have shipped. The last of the orders were sent last week.

All coins for the set had been struck for some time by the West Point Mint. Shipping delays were [...]

Gold Jumps 1.8% on Week, Silver Adds 1%; US Bullion Sales...

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Racks of Gold Bars

Gold Jumps 1.8% on Week, Silver Adds 1%; US Bullion Sales MixedPrecious metals plunged sharply Friday after rallying in the previous session.

As for the week, all but platinum still ended higher. Weekly advances stacked to 1.8% for gold, 1% for silver and 3.3% for palladium. Platinum ended 0.8% lower than a week ago [...]

How the Philadelphia Mint Makes Coins for Circulation

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Annealing Furnace at Philadelphia Mint

How the Philadelphia Mint Makes Hubs and Dies to Produce CoinsIt 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

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2013 Fort McHenry Quarters Three-Coin Set - Front Side and Back Side

Fort McHenry Quarters Three-Coin SetThe 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

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1 oz .9999 fine gold and $100

Gold, Silver Continue Rally; Notch Biggest Gains Since 2009Precious 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 [...]

US Mint Sales: Bullion Silver Eagles Notch Second Highest Year

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Bullion American Silver Eagles

US Mint Sales: Bullion Silver Eagles Notch Second Highest YearBefore jumping into the latest U.S. Mint sales of numismatic products, a quick sentence or two must be thrown at bullion Silver Eagles.

675,000 more were scooped up Monday, notching yet another milestone as their total this year hit 34,925,000. In annual sales rankings [...]

Canadian 2014 $100 Grizzly Silver Coin for $100

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Canadian 2014 $100 Grizzly Silver Coin

Canadian 2014 $100 Grizzly Silver Coin for $100Pre-orders are now accepted by the Royal Canadian Mint for its 2014 $100 Grizzly Silver Coin, the second release from the Wildlife in Motion series of $100 silver coins that sell at face value.

This 99.99% pure silver series debuted in May with the 2013 $100 Bison Silver Coin for $100. It was [...]

Gold, Silver Close Lower; Then Soar as Fed Holds Tapering

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Gold, Silver Close Lower; Then Soar as Fed Holds TaperingGold 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 [...]