Monthly Archives: January 2016
US Mint Sales: Mark Twain Gold Coins Debut
Four-day sales of the new proof and uncirculated 2016 $5 Mark Twain Commemorative Gold Coins totaled 8,983 units, or 9% of the maximum, according to the latest figures from United States Mint.
Released on Thursday, early orders are already shipping. Those buying today can still get the uncirculated Mark Twain gold coin quickly but there's a wait for the proof [...]
Gold Dips, Silver Gains; US Mint Coin Sales Climb
Precious metals futures mostly advanced to start the new trading week on Tuesday with U.S. markets closed on Monday for the Martin Luther King Jr. Day holiday. Gold was the exception, sliding for the second time in three sessions as investors' appetite for risk increased slightly.
Gold for February delivery dipped $1.60, or 0.1%, to settle at $1,089.10 an ounce on the Comex division of the New York Mercantile Exchange [...]
Canadian 2016 Uncirculated Set Released
The Royal Canadian Mint is now selling its annually issued set with this year's six denominations of coins produced in uncirculated finish.
Limited to 60,000 and priced at $24.95, the 2016 Uncirculated Set includes the toonie, loonie, 50-cent, 25-cent, 10-cent and 5-cent coins [...]
Gold Slips on Week; US 2016 Coin Sales Soar on Start
Gold and silver futures rebounded on Friday, boosted by safe-haven buying as world stocks plunged and oil prices dropped below $30 a barrel for the first time in 12 years. Despite the gains, both metals posted their first weekly loss of the year.
Gold for February delivery advanced $17.10, or 1.6%, to settle at $1,090.70 an ounce on the Comex division of the New York Mercantile Exchange [...]
Canadian 2016 Silver Proof Set Launches
The Royal Canadian Mint this week unveiled its 2016 Silver Proof Set and the year's unique silver dollar which commemorates the 150th anniversary of the Transatlantic Cable.
Limited to 20,000, this annually issued set has a total of seven coins. All are in 99.99% fine silver. The included 2016 Transatlantic Cable Silver Dollar is gold plated, and exclusive to the set [...]
US Coin Production in 2015 Tops 17 Billion, Highest Since 2001
The United States Mint in 2015 was the busiest it's been in 14 years, with demand for coins so high it expanded operations and hired more people to fulfill coinage orders from the Federal Reserve. The agency produced more than 17 billion coins for circulation in 2015, marking a sixth straight year of growth and the quickest annual pace since 19.4 billion coins were struck in 2001.
U.S. Mint production facilities in Denver and Philadelphia shipped 17,046,700,000 coins to Fed banks for distribution into the economy last year [...]
Gold and Silver Prices Mark 2016 Lows
Gold and silver futures fell on Thursday for the fourth time in five sessions, with gold ending at a two-week low and silver closing at a one-month low.
Gold for February delivery declined $13.50, or 1.2%, to settle at $1,073.60 an ounce on the Comex division of the New York Mercantile Exchange [...]
2016 $5 Mark Twain Commemorative Gold Coins Launch
Earlier today, Jan. 14, the United States Mint released two 2016 $5 Mark Twain Commemorative Gold Coins.
They are available in proof and uncirculated collector qualities and at introductory prices for a limited time. Silver editions with different designs will follow later [...]
US Mint Sales: 2016 Gift Sets Debut; Fewer Products
Two gift sets for 2016 made their first showing on the U.S. Mint's sales report, but what's more interesting is the slimmer report itself with 49 fewer products.
It appears that the Mint is tidying up some in preparation for newer releases. It also likely means that the totals reported a week earlier for those now missing products are final until audited figures become available later down the road [...]
Gold, Silver Snap 3-Session Losing Streak; US Coin Sales Rise
Precious metals futures advanced on Wednesday with gold and silver snapping a three-session losing streak. Platinum and palladium closed higher for the first time since Friday.
Gold for February delivery added $1.90, or 0.2%, to settle at $1,087.10 an ounce on the Comex division of the New York Mercantile Exchange [...]