Monthly Archives: January 2014
Gold Falls from 5-Week High, US Mint Silver Eagles Rise 480,000
Gold prices settled lower Tuesday following Monday's holiday break for Martin Luther King Jr. Day and after closing at a five-week high on Friday.
Gold for February delivery lost $10.10, or 0.8%, to settle at $1,241.80 an ounce on the Comex division of the New York Mercantile Exchange [...]
How the Denver Mint Makes Uncirculated Coin Sets
It's a blast watching numismatic coins coming to life in coining presses and then seeing how they're packaged into sets by robots and other automated machines.
Most recently, we were lucky enough to discover how the tech teams from the U.S. Mint at Denver use robotics to build annual United States Mint Uncirculated Coin Sets. These popular sets, which most collectors call "Mint Sets," have annual sales of several hundred thousand units [...]
Gold Up for 4th Week; 2013 vs. 2014 US Mint Bullion...
Gold and silver scooped up their fourth straight week of gains and gold notably closed at a five-week high.
In bullion coin news, this week the U.S. Mint introduced its 2014 American Eagle silver coin. Its opening sales and those of the 2014 American Eagle gold bullion coins follow [...]
National Purple Heart Hall of Honor Commemorative Coins Sought
Gold, silver and clad coins would be issued in 2017 in commemoration of the National Purple Heart Hall of Honor if a newly proposed bill gets passed into law.
H.R. 3867, entitled the National Purple Heart Hall of Honor Commemorative Coin Act, was introduced in the U.S. House of Representatives by Rep. Sean Patrick Maloney (D-NY) on Jan. 14, 2014 [...]
US Mint Sales: 2014 Quarters Proof Set Debuts
Newly released, albeit later than usual, sales figures from the United States Mint offer opening results for the 2014 America the Beautiful Quarters Proof Set.
2014 ATB Quarters Proof Sets were introduced by the U.S. Mint on Tuesday, Jan. 7. The five-coin proof set reached one-week sales of 39,306 [...]
Gold Gains Slightly as US Inflation Rises and Dollar Falls
Gold snapped a two-session losing streak Thursday after a report showed higher US inflation and as stocks and the dollar turned down.
Gold for February delivery edged up $1.90, or 0.2%, to end at $1,240.20 an ounce on the Comex division of the New York Mercantile Exchange [...]
2014 Reverse Proof Maple Leaf Coins in Gold and Silver
Maple Leaf bullion coins from the Royal Canadian Mint are world-renowned. Now there are two new options available just for collectors
Showcasing the same classic designs but in special reverse proof finishes are the 2014 Maple Leaf 1 oz Gold Coin and the 2014 Maple Leaf 1 oz Silver Coin [...]
2013-W $5 Proof American Gold Eagle Sells Out
Only two options are left for collectors when it comes to the four various sized 2013-W Proof American Gold Eagles. The U.S. Mint's website noted a sell out today for the second most popular size, the one-tenth ounce or $5 denominated coin.
The most popular was the one-ounce 2013-W $50 Proof Gold Eagle, which [...]
Gold, Silver and Platinum Down for Second Day
Gold, silver and platinum declined for a second straight session Wednesday while palladium advanced for the first time in three days.
Gold for February delivery lost $7.10, or 0.6%, to settle at $1,238.30 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Government Prints 342.5 Million Banknotes in December 2013
Less money was printed by the U.S. government in December than a month earlier, and the total value of the bills made was also lower, data from the agency responsible for manufacturing U.S. currency shows.
This up and down monthly pattern has recurred since September [...]