Monthly Archives: October 2016
Gold, Silver Decline in October; US Mint Bullion Sales Surge
Precious metals were little changed in their final day of trade for October. Gold futures declined for the first time in three sessions, increasing their monthly loss.
Gold for December delivery shed $3.70, or 0.3%, to settle at $1,273.10 an ounce on the Comex division of the New York Mercantile Exchange [...]
Gold and Silver Log Third Week of Gains; Near 4-Week Highs
Gold and silver futures climbed for a second day in a row Friday, with both closing near four-week highs and locking in their third straight week of gains.
On Friday, gold for December delivery tacked on $7.30, or 0.6%, to close at $1,276.80 an ounce on the Comex division of the New York Mercantile Exchange [...]
Debating US Mint Ordering and Mintage Limits
The United States Mint wants to make and sell as many coins as the public will buy, but admits there have been misses in balancing demand and mintages and in setting household ordering limits.
Back on Oct. 13, the U.S. Mint hosted its 2016 Numismatic Forum at the Federal Reserve Bank in Philadelphia. Mintages and products limits were among topics discussed [...]
2016 Ronald Reagan Coin & Chronicles Set Photos
This short article presents a photo overview of the Ronald Reagan Coin & Chronicles Set with its reverse proof Presidential $1 Coin, bronze medal, and anniversary proof American Silver Eagle.
Released on Oct. 11 for $68.95, the set is the last in the series. Like others, its most appealing collectible is the exclusive reverse proof dollar [...]
Gold Inches 0.2% Higher, Silver Near Flat
Precious metals futures changed little Thursday, aside from palladium which was also alone for the day with a loss.
Gold for December delivery added $2.90, or 0.2%, to settle at $1,269.50 an ounce on the Comex division of the New York Mercantile Exchange [...]
Canadian 2017 $20 Coin Depicts Whale in 3D
Coin enthusiasts take note as the Royal Canadian Mint continues to push the numismatic envelope with its first true 3D coin. Recently issued and available now is the 2017 $20 Three-Dimensional Breaching Whale 1 oz. Silver Coin.
Limited to 7,500 coins with each composed of one ounce of 99.99% pure silver [...]
US Banknote Production Reaches 720.5 Million in September
Banknote production in September dipped from a month earlier but the combined value of the notes was higher, data from the agency that prints U.S. currency shows.
720.5 million in $1s, $5s, $10s, $20s, $50s, and $100s were printed last month for a combined value of about $16.8 billion, according to Bureau of Engraving and Printing (BEP) figures [...]
Gold and Silver Futures Slip from 3-Week Highs
Precious metals futures declined Wednesday, with both gold and silver sliding from more than three-week highs.
Gold for December delivery declined $7, or 0.6%, to settle at $1,266.60 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Mint Sales: Reagan Chronicles Set at 28,083
Ronald Reagan Coin & Chronicles Sets climbed 3,190 during their first full week of sales, according to the latest U.S. Mint figures, raising their total to 28,083.
Unlike sets from last year that include different collectibles and had lower mintages [...]
Canadian 2017 $20 Coin Depicts Birch Leaves with Drusy Stone
New from the Royal Canadian Mint is a $20 silver coin that depicts a cluster of birch leaves with one prominently featuring a semi-precious stone embellishment. This is the second coin with such a treatment. The first one sold out.
The new coin is composed of 1 troy ounce of 99.99% pure silver to collector proof quality. Each is one-of-a-kind [...]