Monthly Archives: February 2016
Gold, Silver Soar in February; US Mint Bullion Coin Sales Strong
Precious metals futures posted sharp gains in starting the new trading week on Monday and ending the action for February.
Gold for April delivery tacked on $14, or 1.1%, to settle at $1,234.40 an ounce on the Comex division of the New York Mercantile Exchange [...]
2016 American Silver Eagle Sales Mark Best February at 4.78M
American Eagle silver bullion coins continue to march at a brisk pace. The United States Mint registered sales of 4,782,000 coins this month, the most ever for a February and the 11th highest month on record since the .999 fine silver series launched in October 1986.
More could have sold but the U.S. Mint has rationed their distribution because of silver planchet shortages [...]
Gold Slips 0.8% on Week; US Silver Coin Sales Jump
Precious metals futures dropped on Friday for a second straight session. For gold and silver, their sharp losses guaranteed weekly declines, their second in a row following four consecutive weeks of advances.
Gold for April delivery on Friday shed $18.40, or 1.5%, to settle at $1,220.40 an ounce on the Comex division of the New York Mercantile Exchange [...]
Dome-Shaped Naismith Memorial Basketball HOF Commemorative Coins Sought
Bills introduced in the House and Senate are calling for dome-shaped coins in gold, silver and clad to commemorative the 60th anniversary of the Naismith Memorial Basketball Hall of Fame (www.hoophall.com).
On Dec. 21, 1891, James Naismith introduced the game of "basket ball" to his physical education class in Springfield, Massachusetts [...]
US Banknote Production Climbs to 518.4 Million in January
U.S. money production in January picked up from December and a year earlier, data from the agency responsible for printing currency shows.
518.4 million in $1s, $2s, $5s, $20s, $50s and $100s were produced last month, accounting for a combined value of nearly $12 billion, according to the latest figures from the Bureau of Engraving and Printing [...]
Gold Dips; Bullion 2016 Silver Eagles Hit 10M
Precious metals futures declined Thursday. Losses in gold and silver were their first in three sessions, though the former changed only little.
Gold for April delivery slipped 30 cents to settle at $1,238.80 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Mint Sales: Pat Nixon Gold Coins Debut
Patricia Nixon First Spouse Gold Coins are new to U.S. Mint sales boards, as are 2016 Presidential $1 Coin Proof Sets.
In posting 6-day sales of 124,420, the set of proof dollars sprang out of the sales gate quicker than any since 2012 [...]
2016 Shawnee 5 Oz Silver Uncirculated Coin Released
Shawnee National Forest makes another appearance on a United States Mint product with today's release of a 3-inch, 5-ounce silver coin depicting a design emblematic of the site in Illinois. This newest release is the 31st overall in the U.S. Mint's collector series of America the Beautiful Five Ounce Silver Uncirculated Coins. It is the first of five for 2016.
Located in the Ozark and Shawnee Hills of Southern Illinois, Shawnee National Forest preserves about 280,000 acres of federally managed lands [...]
Series 2013 $2 Uncut Currency Sheets Released
On Monday, Feb. 22, the Bureau of Engraving and Printing (BEP) started taking orders for uncut currency sheets of Series 2013 $2 notes.
Designated for the Federal Reserve Bank of Dallas, they bear the signatures of Secretary of the Treasury Jacob Lew and Treasurer of the United States Rosie Rios [...]
Gold and Silver Prices Rise for Second Session
Gold and silver futures on Wednesday advanced for a second straight session, lifted by sustained safe-haven demand.
Gold for April delivery tacked on $16.50, or 1.4%, to settle at $1,239.10 an ounce on the Comex division of the New York Mercantile Exchange [...]