Monthly Archives: December 2015
Perth Mint Silver Sales Strong in Nov, Gold Sales Weaken
Demand for Perth Mint bullion products slowed in November, although sales of silver coins continued to run at a much faster than typical pace.
November sales of Perth Mint silver coins at 1,145,239 ounces fell 34.6 % from October's total of 1,751,898 ounces, which dropped 47.7 % from the 3,349,557 ounces in September. Consider, however, that these monthly totals rank first, second and third highest since [...]
Gold and Silver Futures Settle Lower
Precious metals futures turned lower on Thursday as the U.S. dollar rebounded and oil prices declined.
Gold for February delivery lost $4.50, or 0.4%, to settle at $1,072 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Mint Sales: Saratoga Quarter and Coin Products Debut
The latest sales figures from the United States Mint include eight new products with designs emblematic of Saratoga National Historical Park in New York. They also provide an update on this year's proof Platinum Eagle which sold out within minutes of release.
Early demand for Saratoga products proved strong with new quarters in rolls and bags moving the quickest in nearly 3 years, the latest quarters three-coin set selling the fasted in almost 4 years and the new five ounce silver uncirculated coin logging the best start in over a year [...]
2015-W $100 Proof American Platinum Eagle Photos
With only 4,000 available, the 2015 $100 Proof American Platinum Eagle sold out within minutes of launching on Thursday, Dec. 3. We managed to get one.
I like this Platinum Eagle. It's a keeper. The reverse stands out. The frosted design elements of Lady Liberty, the raised walking surface, the bald eagle and the North American continent pop against the mirror-like aspects of the coin's background and jutting image of the rounded earth [...]
Gold Edges Up; 2015 Silver Eagles Pad Record Atop 45.7M
Gold futures advanced again on Wednesday, their fourth increase in five sessions, but gains this week have been modest and offset by the larger decline on Monday.
Gold for February delivery rose $1.20, or 0.1%, to settle at $1,076.50 an ounce on the Comex division of the New York Mercantile Exchange [...]
Gold Edges Higher as Other Metals Decline
Gold futures ticked higher Tuesday, up for the third time in four sessions. Silver, meanwhile, dropped for a second day in a row.
Gold for February delivery edged up a dime to settle at $1,075.30 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Mint to Stop Making 90% Silver Coins
The United States Mint just received an early Christmas present. The agency was gifted the freedom to increase the purity of its 10-cent, 25-cent and 50-cent silver coins.
Until President Obama signed the FAST Act into law on Friday, Dec. 4, the U.S. Mint had to produce silver coins for numismatic products like annual proof sets in a composition of 90 percent silver and 10 percent copper [...]
30th Anniversary Edge Lettering for 2016 American Silver Eagles
Coin collectors can look forward to another flavor of American Silver Eagles. The United States Mint in 2016 will commemorate the 30th anniversary of the first issue of the coins with numismatic editions that have smooth edges with lettering instead of reeded edges.
Mandated under the FAST Act, lettering incused on edges of proof and uncirculated American Silver Eagles will designate [...]
Gold and Silver Turn Lower in Week’s Start
Gold futures on Monday gave back a portion of their gains from last week as the U.S. dollar recovered more of the weighty declines suffered on Thursday when the euro rallied for its biggest one-day increase since 2009.
Falling for the first time in three sessions, gold for February delivery shed $8.90, or 0.8%, to settle at $1,075.20 an ounce on the Comex division of the New York Mercantile Exchange [...]
2015 Silver Eagle Sales Limit Set, Last Week of Production
The United States Mint this week increased the number of 2015 American Eagle silver bullion coins available to its distributors. The agency has allocated their sales for most of the year because of silver planchet shortages. Despite rationing, 2015 Silver Eagles claimed a record that continues to climb.
This week's allocation jumped 16.8% to 1,075,000 coins. Last week's supply slipped [...]