Monthly Archives: June 2015
Gold, Silver Gain on Week; US Mint Bullion Sales on Fire
Gold prices pulled back a from an almost one-month high but still notched solid gains for a second week in a row after having logged three straight weekly losses.
United States Mint bullion coin sales shifted into another higher gear this week, padding their already very robust monthly totals [...]
Woman’s Portrait on $10 Bill, US Treasury Announces
Spawning a flurry of interest, the U.S. Treasury Department announced earlier this week that a woman will be featured on the $10 Federal Reserve note.
The announcement came from Secretary of the Treasury Jacob Lew on Wednesday, June 17, 2015. The changes will appear as part of the redesign process for the $10 bill and is scheduled to be unveiled in 2020 [...]
Bill Calls for Breast Cancer Awareness Commemorative Coins
New legislation introduced in the U.S. House of Representatives calls for 2018-dated gold, silver and clad commemorative coins in recognition of the fight against breast cancer.
Entitled the Breast Cancer Awareness Commemorative Coin Act, bill H.R. 2722 would have the Secretary of the Treasury, and by extension the United States Mint, produce up to 50,000 $5 gold coins, 400,000 silver dollars and 750,000 clad half-dollars [...]
US Mint 2016 Centennial Gold Coin Mock-Ups
On Wednesday, June 17, the United States Mint unveiled mock-up images of 24-karat gold coins to commemorate the centennial designs of the 1916 Mercury dime, 1916 Standing Liberty quarter, and 1916 Walking Liberty half-dollar.
The 1916-dated coins have a 90% silver composition. In 2016, the Mint is planning on issuing versions bearing the same 100-year old designs but struck to weights of 1/10 oz. gold for the dime, 1/4 oz. gold for the quarter, and 1/2 oz. gold for the half-dollar [...]
Gold Surges Above $1,200 on Fed and Inflation News
Gold prices on Thursday advanced the most in five weeks and settled above $1,200 an ounce for the first time in nearly a month.
Gold for August delivery tacked on $25.20, or 2.1%, to end at $1,202 an ounce on the Comex division of the New York Mercantile Exchange [...]
John F. Kennedy Presidential $1 Coins in Rolls, Bags and Boxes
Today, June 18, the United States Mint released the third of four 2015 Presidential dollars. Honoring John Fitzgerald Kennedy, the 35th President of the United States who served from 1961 to 1963, the dollars are available in rolls, bags and boxes at prices ranging from $32.95 to $275.95.
Every year the U.S. Mint releases four dollars as a part of the annual Presidential $1 Coin series that kicked off in 2007 and ends next year [...]
Apollo 11 50th Anniversary Commemorative Coins Proposed
Legislation introduced in the U.S. House of Representatives seeks coins in 2019 to commemorate the 50th anniversary of the first manned landing on the moon.
Proposed gold, silver and clad coins would be curved similar to the popular 2014 Baseball Commemorative Coins, bear a common obverse design selected by competition, share a reverse depiction of the famed photo of Buzz Aldrin on the moon, and feature very unique edges [...]
US Mint Sales: American Silver Eagles Bounce
This week's sales report from the United States Mint is the last of four straight without new product showings, and that means American Silver Eagles and major annual sets again led gains.
Silver Eagles were also among the weekly overachievers. This year's proof Silver Eagle advanced 10,943 on the week compared to [...]
Gold, Silver Bounce After Fed Statement
Gold and silver prices settled lower in normal trading on Wednesday, then bounced solidly higher in after-hours trade when the Fed released its latest monetary policy statement.
Gold for August delivery slipped $4.10, or 0.4%, to close at $1,176.80 an ounce on the Comex division of the New York Mercantile Exchange [...]
Gold, Silver Decline; US Mint Bullion Coins Extend Rally
Gold futures ended modestly lower on Tuesday, with earlier safe-haven advances returned as the U.S. dollar posted gains against most other major currencies.
Gold for August delivery shed $4.90, or 0.4%, to settle at $1,180.90 an ounce on the Comex division of the New York Mercantile Exchange [...]