Monthly Archives: July 2016
US Banknote Production in June Highest in 8 Months
More banknotes were produced in June than in any month since October, data from the agency that prints U.S. currency shows.
656 million in $1s, $2s, $5s, $10s, $20s and $100s were printed last month for a combined value of more than $13.6 billion [...]
Gold Falls for Fourth Session, Silver Slips from Near 2-Year High
Gold futures fell for a fourth straight session on Tuesday, and silver dropped from an almost two-year high, as investors turned from safe-havens to equities.
Gold for August delivery declined $21.30, or 1.6%, to settle at $1,335.30 an ounce on the Comex division of the New York Mercantile Exchange [...]
Rosie Rios, 43rd Treasurer of U.S., Steps Down
Rosie Rios, the 43rd Treasurer of the United States, resigned from her position effective on Friday, July 8, 2016. She first assumed the office back on August 6, 2009.
As Treasurer, Rios oversaw the Bureau of Engraving and Printing, the United States Mint, and was a key liaison with the Federal Reserve. She was also a senior advisor to the Secretary of the Treasury and strongly promoted the concept of a woman appearing on U.S. currency [...]
U.S. Coin Production Tops 8.3B in First Half of 2016; More...
U.S. coin production increased for a second straight month in June with United States Mint facilities in Philadelphia and Denver pressing over 1.5 billion coins for circulation, the most since October.
With this year's string of strong production months, the U.S. Mint is on track to make the second most coins since 2001, having already made more than 8.3 coins through the first half of the year [...]
Gold Dips, Silver Ends Near 2-Year High; US Coin Sales Rise
Gold futures settled modestly lower for a third straight session on Monday, while silver climbed higher for a second session in a row and closed near a two-year high.
Gold for August delivery shed $1.80, or 0.1%, to settle at $1,356.60 an ounce on the Comex division of the New York Mercantile Exchange. [...]
Harpers Ferry Quarter for West Virginia in Three-Coin Set
Today, July 11, the United States Mint released a three-coin set of 2016 Harpers Ferry quarters for $9.95. The coins in the set commemorate the national historical park in West Virginia and feature a design that is emblematic of the site.
This newest America the Beautiful Quarters Three-Coin Set™ is the third issued this year and the 33rd overall in the series [...]
Gold, Silver Log 6th Straight Weekly Gain; US Mint Coin Sales...
Precious metals futures scored another week of gains, with gold and silver extending their weekly winning streaks to six in a row and closing just off from roughly 2-year highs.
Gold for August delivery on Friday fell $3.70, or 0.3%, to settle at $1,358.40 an ounce on the Comex division of the New York Mercantile Exchange [...]
Canadian 2016 Convex-Shaped Coin Emulates Basketball
Celebrating the 125th Anniversary of the Invention of Basketball, the Royal Canadian Mint is now selling a colorized coin depicting the likeness of a basketball.
Adding to the unique nature of this piece, its reverse is convex to emulate a basketball's rounded shape [...]
2018 Quarter and 5 Oz Coin Design Candidates
The Commission of Fine Arts (CFA) and the Citizens Coinage Advisory Committee (CCAC) have recommended designs for 2018-dated America the Beautiful Quarters and companion five-ounce silver coins.
America the Beautiful Quarters celebrate sites around the United States and its territories. The five up for honors in 2018 are [...]
Perth Mint 2016 Australian Collector Coins Released for July
Kangaroos, koalas, and eagles are just some of the subjects covered on coins for July from the Perth Mint of Australia.
They join snow leopard cubs, the fictional HSM Thunderchild, a half-sovereign gold coin and silver coins showcasing characters and the starship from the Star Trek science fiction franchise [...]