Monthly Archives: October 2013
How the Philadelphia Mint Polishes Dies to Make Proof Coins
Technology plays a huge role in producing coins at all United States Mint facilities. It's complimented with a group of people dedicated to make it all happen, with some of them adding their own personal touch to the process.
Enter Alberto Morell, one of the Philadelphia Mint's buffer-polishers. He manually polishes dies that are used in the making of proof coins for collectors [...]
Gold Dips 0.2%, Silver Slides 0.5%
Precious metals on Thursday ended lower for the third time in four sessions. Losses in gold and silver were modest compared to those for platinum and palladium.
Gold for December delivery shed $3.10, or 0.2%, to finish at $1,317.60 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Mint Sales: Core Products Slow
There's not a lot to talk about with the latest round of U.S. Mint sales data, and that's really the story. Demand dipped for almost all major products to include sets, Silver Eagles and commemorative coins.
When looking at the range of annual coin sets in clad and silver and in proof and uncirculated, just one logged higher week-over-week sales. And it was [...]
US Mint Bullion Coins Split in September Sales
Demand in September for United States Mint bullion coins improved from a six-year low for American Gold Eagles but slowed a bit for American Silver Eagles even as their sales drive toward an annual record.
These changing levels happened in a month that is seasonally slower for American bullion coins and in a bearish precious metals market where [...]
Banjo Patterson Commemorated with 2014 Gold and Silver Coins
The Perth Mint of Australia commemorates the 150th anniversary of the birth of an iconic Australian bush poet with new 2014 A.B. "Banjo" Patterson Gold and Silver Proof Coins.
These new commemorative coins appear in 1/4 oz gold, 5 oz silver and 1 oz silver varieties. Minted to a purity of 99.99%, each [...]