Monthly Archives: May 2015
Gold, Silver Climb in May; US Mint Bullion Sales Weaken
Gold prices notched their first monthly increase in four on Friday but they also marked a second straight week of losses.
On Friday, gold for August delivery added a dollar, or less than 0.1%, to settle at $1,189.80 an ounce on the Comex division of the New York Mercantile Exchange [...]
2015 Bald Eagle Silver Coins in Fractional Set
Featuring one of the world's most recognizable birds of prey, the Royal Canadian Mint this month unveiled a set holding four different sized 2015 Bald Eagle Silver Proof Coins.
Included in the fractional set are 99.99% pure silver strikes with each showcasing [...]
US Mint to Lift 2015 American Silver Eagle Rationing
Ordering limits attached to 2015 American Silver Eagle bullion coins end on Monday, June 1, the United States Mint announced in a memo sent to its network of bullion distributors called "Authorized Purchasers."
AP's include major coin and precious metals dealers, brokerage companies and other participating financial intermediaries who [...]
US Banknote Production Tops 595 Million in April
More banknotes were printed in April than a month earlier and a year ago, data from the agency responsible for producing U.S. currency shows. The combined value of the notes also climbed from both periods.
595.3 million in $1s, $5s, $10s, $20s and $100s was printed in April for a combined value of more than $15.5 billion -- the most since October 2014 [...]
Gold and Silver Snap Losing Streak
Gold prices settled higher on Thursday for the first time in five sessions, and bounced slightly from a more than two-week low.
Gold for August delivery added $2.30, or 0.2%, to settle at $1,188.80 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Mint Expanding Operations and Hiring
Demand for U.S. circulating coins is increasing, and the United States Mint is expanding operations as a result. Coin production figures have jumped above at least 1.2 billion each month this year, and most recently hit 1.69 billion new coins in April. That's the most in a month than any since 2007.
With an almost 1.5 billion monthly average, the agency is on pace to strike over 17.7 billion coins in 2015 [...]
US Mint Sales: Core 2015 Sets Lead
The U.S. Mint's trio of core annual sets and its proof Silver Eagle topped sales charts. Leading the pack was the recently issued 2015 Silver Proof Set.
This set of 14 proof coins, with 7 of them in silver, jumped another 20,350 during its first full week of release. Total sales through 11 days stand firm at 204,963 [...]
Gold Marks Fourth Straight Session Loss
Gold prices on Wednesday ended lower for a fourth session in a row, marking their longest slump since the first week in March and holding at a more than two-week low.
Gold for June delivery dipped $1.30, or 0.1%, to settle at $1,185.60 an ounce on the Comex division of the New York Mercantile Exchange [...]
PCGS Reveals Security-Enhanced Coin Holders
New security-enhanced holders for PCGS-certified coins are now in use, Professional Coin Grading Service announced Tuesday, May 26. The holders have both obvious and hidden security features to deter counterfeiters and identify counterfeit holders, the company described, and they also help prevent spotting and toning of coins.
These holders are completely redesigned and include a new baked-in hologram, a new shield logo with micro-text and color shifting security features and a traceable "quick response" code [...]
D. Brent Pogue Collection, Part I, Realizes Over $25M
Records fell on Tuesday, May 19, when the first of the seven part D. Brent Pogue Collection went under the hammer. Presented jointly by Stack's Bowers Galleries and Sotheby's in New York, more than $25 million was realized in the sale of just 128 coins, all of which are PCGS-certified.
Breaking new territory, the finest known 1808 Capped Bust Left Quarter Eagle, graded PCGS MS-65, brought $2.35 million [...]