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2015 May

Monthly Archives: May 2015

Gold, Silver and Platinum Snap 5-Session Winning Streak

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Gold, Silver Snap 5-Session Winning StreakGold, silver and platinum closed lower on Tuesday for the first time in six sessions as the U.S. dollar rebounded following an upbeat U.S. housing market report.

Gold for June delivery dropped $20.90, or 1.7%, to settle at $1,206.70 an ounce on the Comex division of the New York Mercantile Exchange [...]

Potential US Mint Gold Coin Price Increases

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Potential US Mint Gold Coin Price IncreasesGold prices extended gains to five straight sessions on Monday and they have, despite sharp losses on Tuesday, set the stage for possible hikes in prices of United States Mint coins.

More than two dozen of the Mint's collectible gold coins could be affected, based on an average of gold which is well over $1,200 an ounce [...]

Eugene H. Gardner Collection, Part III, Realizes $13.78M

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1870-S Seated Liberty Dollar

Eugene H. Gardner Collection, Part III, Realizes $13.78MThe third part of the Eugene H. Gardner Collection rang in $13.78 million at Heritage Auctions' May 12 sale in New York.

"The demand for Gene Gardner's astounding collection continues to skyrocket, as do the prices realized," said Greg Rohan, President of Heritage Auctions. "With this event, the collection has now realized more than $47 million."

It was expected to draw enormous attention, and it did. Leading sales in the completely sold-out auction was the [...]

CCAC Applications Sought to Represent Interests of Public

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CCAC Applications Sought to Represent Interests of PublicThe United States Mint is accepting applications for an appointment to the Citizens Coinage Advisory Committee (CCAC), according to a Federal Register notice published Friday, May 15.

Authorized by the enactment of Public Law 108-15 in 2003, the CCAC advises the Secretary of the Treasury on design and theme proposals for United States coins and medals [...]

Gold Marks Fresh 3-Month High, 2015 Silver Eagles Top 16M

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Gold Marks Fresh 3-Month High, 2015 Silver Eagles Top 16MGold prices settled higher on Monday for a fifth session in a row and notched a new, more than three-month high.

Gold for June delivery settled up $2.30, or 0.2%, to $1,227.60 an ounce on the Comex division of the New York Mercantile Exchange [...]

Gold and Silver Soar on Week; US Coin Sales Slow

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Gold and Silver Soar on Week; US Coin Sales SlowGold prices inched higher Friday, extending their consecutive winning sessions to four, setting a fresh three-month high, and sustaining momentum to post a second straight weekly increase.

Gold for June delivery rose 10 cents to end the week at $1,225.30 an ounce on the Comex division of the New York Mercantile Exchange. The settlement price is the highest in three months [...]

US Mint Coin Production in April; JFK $1 Mintages

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us quarters

US Mint Coin Production in April; JFK $1 MintagesLast month was another busy one for the United States Mint. The agency's coin production facilities in Denver and Philadelphia pressed nearly 1.7 billion coins for circulation, the most in a month than any since 2007.

New production figures also show mintages for the upcoming John F. Kennedy Presidential $1 Coin [...]

Perth Mint Bullion Sales Ease in April

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Perth Mint Bullion Sales Ease in AprilSales of Australian bullion products eased in April compared to the previous month but surged over the levels logged a year earlier, figures from the Perth Mint show.

The month-over-month pull-back happened following a strong March in which the Mint's gold and silver products notched multi-month sales highs [...]

Gold Hits 3-Month High, Silver Scores 3-1/2 Month High

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Gold Hits 3-Month High, Silver Scores 3-1/2 Month HighGold settled to a three-month high on Thursday while silver marked its best close since late January. Both, along with platinum, are riding a three-day winning streak.

Gold for June delivery tacked on $7, or 0.6%, to end at $1,225.20 an ounce on the Comex division of the New York Mercantile Exchange. The settlement price was the highest since Feb 13 [...]

2015 Silver Proof Set from San Francisco Mint

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2015 Silver Proof Set from San Francisco Mint

2015 Silver Proof Set from San Francisco MintEarlier today, May 14, the United States Mint released its 14-coin 2015 Silver Proof Set for $53.95. This product is one of the Mint's core annual offerings and one of its most popular. Hundreds of thousands will sell when all is said and done.

A major draw for the sets are the silver coins. Also, proof coins are collector favorites because they have sharper reliefs, mirror-like backgrounds and attractive frosted foregrounds [...]