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2015 October

Monthly Archives: October 2015

Senate Bill Seeks Breast Cancer Awareness Coins in Pink Gold

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Senate Bill Seeks Breast Cancer Awareness Coins in Pink GoldThe call became a lot louder this week for Breast Cancer Awareness coins in pink gold, silver and clad.

In July, the House of Representatives passed H.R. 2722 in trying to to recognize the fight against breast cancer with commemorative coins in 2018. On Tuesday, Oct. 20, bill S. 2185 was introduced in the Senate and it seeks the same coins for the same purpose [...]

Gold Falls to 1-Week Low, US Mint Bullion Sales Gain

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Gold Falls to 1-Week Low, US Mint Bullion Sales GainPrecious metals turned down Wednesday. Gold futures ended at just over a one-week low while silver futures settled to a more than two-week low.

Gold for December delivery fell $10.40, or 0.9%, to close at $1,167.10 an ounce on the Comex division of the New York Mercantile Exchange [...]

US Mint Sales: Gold Coins Bounce

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US Mint Sales: Gold Coins BounceUnited States Mint products realized solid sales even without new releases last week. Nearly half of the Mint's collectible coins and sets scored higher weekly totals.

Gold coins, in particular, pulled sharply more interest with almost every one of them outperforming their previous weekly sales. Gains came as gold prices scored a four-month high [...]

US Banknote Production Hits 678.4 Million in September

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BEP Money Production in Fort Worth TX, September 2015

US Banknote Production Hits 678.4 Million in SeptemberMarkedly more banknotes were printed in September than a month and year earlier, data from the agency responsible for printing U.S. currency shows. Their combined value, however, was mixed -- modestly lower than in August but sharply higher than in September 2014.

678.4 million in $1s, $2s, $5s, $10s, $20s, $50s and $100s were printed during the month for a combined value of more than $18.8 billion [...]

Gold Rises 0.4%, Silver Climbs 0.5%

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Gold Rises 0.4%, Silver Climbs 0.5%Precious metals closed higher Tuesday, with gold and silver gaining for the first time in three sessions.

Gold for December delivery added $4.70, or 0.4%, to settle at $1,177.50 an ounce on the Comex division of the New York Mercantile Exchange [...]

2015 US Mint Coin Production Highest Since 2007

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2015 US Mint Coin Production Highest Since 2007The United States Mint in nine months this year has already struck more coins for circulation than in any year since 2007.

Over 1.47 billion in pennies, nickels, dimes and quarters came out of U.S. Mint coining presses in September, lifting the production total for 2015 so far to over 13.3 billion coins [...]

Stack’s Bowers World Coin Offerings for Baltimore Auction

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1742-MF Mexico 4 Escudos

Stack's Bowers World Coin Offering for Baltimore AuctionNearly 1,800 lots of world coin and banknote rarities cross the auction block next month, presented by Stack's Bowers Galleries in their Nov. 5 to 9 sale held in conjunction with the Whitman Coin & Collectibles Winter Expo at the Baltimore Convention Center.

Leading the sale is one of the finest known 1926 Albanian 5 Franga Ari coins, graded MS-66 by NGC [...]

Precious Metals Decline; US Mint Coin Sales Gain

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Precious Metals Decline; US Mint Coin Sales GainGold and silver futures closed lower on Monday for a second session in a row after they fell on Friday from at least four-month highs, snapping five-session winning streaks.

Gold for December delivery settled down $10.30, or 0.9%, to $1,172.80 an ounce on the Comex division of the New York Mercantile Exchange [...]

US Mint Silver Eagle Allocation Set to 970,000

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Roll of American Eagle silver bullion coins

US Mint Silver Eagle Allocation Set to 970,000The United States Mint reduced its weekly allocation of American Eagle silver bullion coins for a second straight week. The agency has restricted sales of the coins since their return after temporarily selling out in July.

This week's allocation dipped 3% to 970,000 coins. Last week's amount fell 7% to 1 million coins from the prior week's supply of 1,075,000 coins [...]

Gold, Silver Jump on Week; US Mint Bullion Sales Ease

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Gold, Silver Jump on Week; US Mint Bullion Sales EaseGold and silver futures declined for the first time in six sessions on Friday, yet still posted very healthy weekly gains.

Slipping from a four-month high, gold for December delivery declined $4.40, or 0.4%, to settle at $1,183.10 an ounce on the Comex division of the New York Mercantile Exchange [...]