Monthly Archives: July 2014
Gold, Silver Post July Losses; US Mint Bullion Sales Tumble
Gold fell to a six-week low Thursday, dropping for a third straight session, driving further below $1,300 an ounce, and logging a 3% monthly decline.
Gold for December delivery lost $14.10, or 1.1%, to settle at $1,282.80 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Mint Cuts In-Person Kennedy Gold Coin Limit to One
This morning, July 31, the United States Mint announced that it is reducing the limit of in-person purchases of dual-dated 1964-2014 Proof 50th Anniversary Kennedy Half-Dollar Gold Coins to one from the previously stated two-coin limit.
Tom Jurkowsky, U.S. Mint Director of Corporate Communications, said "demand was too overwhelming" and they wanted to give "more people an opportunity to buy." [...]
US Mint Sales: Silver and Clad Sets Perk Up
The biggest U.S. Mint sales news is the Kennedy clad set's opening-day run of 68,974, followed by its weekend pick up of 15,619 to score four-day sales of 84,593.
Collectors were after sets in general. The latest U.S. Mint sales figures show sharper weekly gains across all silver sets and virtually all major proof and uncirculated clad sets [...]
Ronald Guth, ANA’s 2014 Numismatist of the Year
Ronald Guth, an author, researcher, educator, collector, and "all-around good guy," is this year's recipient of the ANA's Numismatist of the Year award.
Guth started collecting coins in 1964 and is the President of PCGS CoinFacts™ (www.PCGSCoinFacts.com), an extensive online resource for collectors that includes pages for 33,483 coins with more than 5,171 individual coin narratives [...]
Gold Dips, Silver Eagle Bullion Coins Top 26 Million
Gold ended lower for a second consecutive session Wednesday with prices now poised for an almost 2% monthly decline.
Gold for December delivery -- the new most active contract -- fell $3.60, or 0.3%, to settle at $1,296.90 an ounce on the Comex division of the New York Mercantile Exchange [...]
1964-2014 Kennedy Gold Coin to Start at $1,240
And the starting price for the dual-dated 1964-2014 Proof 50th Anniversary Kennedy Half-Dollar Gold Coin is... $1,240.
That's how much collectors will need to hand over to get one the 50-cent gold pieces when they launch on Aug. 5 from [...]
Canadian 2014 $50 Snowy Owl Silver Coin for $50
New from the Royal Canadian Mint is its 2014 $50 Snowy Owl Silver Coin, the second in a new series of 99.99% pure silver coins that sell at their legal tender face value of $50.
Almost two dozen silver coins priced at face value have been released by the Royal Canadian Mint. These coins include [...]
US Government Prints 528 Million Banknotes in June 2014
The US government printed less money for circulation in June than in May, data from the agency responsible for producing U.S. currency shows, although the types of notes produced widened with all denominations advancing.
528 million in $1s, $2s, $5s, $10s, $20s $50s and $100s were made last month for a combined total value of almost $11.7 billion [...]
2014 Kennedy Half-Dollar Clad Set Logs 4-Day Sales of 84,593
Collectors over the weekend picked up 14,619 more 2014 Kennedy Half-Dollar Uncirculated Coin Sets, lifting their four-day sales total to 84,593.
The set was released by the United States Mint on Thursday, July 24, and costs $9.95 [...]
Gold Backs Below $1,300; Silver Edges Higher
Gold slipped to below $1,300 an ounce Tuesday with demand dipping on a stronger U.S. dollar.
Gold for August delivery settled down $5, or 0.4%, to $1,298.30 an ounce on the Comex division of the New York Mercantile Exchange [...]