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2017 May

Monthly Archives: May 2017

Gold Ends May at 5-Week High; US Mint Bullion Sales Pick...

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Gold Ends May at 5-Week High; US Mint Gold Bullion Sales Pick UpPrecious metals futures were mixed on Wednesday, the last trading day in May. Gold notched a decent gain, lifting prices to a 5-week high and into the black for the month. Silver, however, slipped from its own 5-week high.

Gold for August delivery advanced $9.70, or 0.8%, to settle at $1,275.40 an ounce on the Comex division of the New York Mercantile Exchange [...]

U.S. Mint Sales: Core Annual 2017 Sets Lead

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U.S. Mint Sales: Core Annual 2017 Sets LeadThe U.S. Mint logged a second straight week of strengthened sales for more than half of its collector products, although figures are lopsided a bit with an extra day, Memorial Day, included in the latest reporting period. That said, coin sales around extended holiday weekends are generally weaker so there's some counterbalancing in play.

The U.S. Mint published sales data for 283 numismatic products. One hundred and forty-seven of them outperformed their prior weekly gains [...]

Gold Dips from 1-Month High, Silver Settles at 5-Week High

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Gold Dips from 1-Month High, Silver Settles at 5-Week HighPrecious metals futures were mixed Tuesday following two straight session gains before the U.S. Memorial Day holiday. Gold slipped from a 1-month high while silver advanced to a 5-week high.

Gold for August delivery declined $5.70, or 0.4%, to settle at $1,265.70 an ounce on the Comex division of the New York Mercantile Exchange [...]

American Legion 100th Anniversary Commemorative Coin Act Introduced

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American Legion Emblem

American Legion 100th Anniversary Commemorative Coin Act IntroducedU.S. Senate and House bills introduced in mid-May are calling for commemorative coins in clad, silver and gold to recognize the 100th anniversary of The American Legion.

The Legion (www.legion.org) was charted by Congress in 1919 as a patriotic organization for veterans. It quickly grew into one of the largest veteran's service organization in the United States [...]

Gold Logs Third Weekly Gain, Ends at 1-Month High

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Gold Logs Third Weekly Gain, Ends at 1-Month High.Precious metals futures climbed for a second session in a row Friday, with gold ending at a one-month high and posting its third straight weekly increase.

Gold for June delivery tacked on $11.70, or 0.9%, to settle at $1,268.10 an ounce on the Comex division of the New York Mercantile Exchange [...]

Canadian $20 Coin Marks 75th Anniversary of the Dieppe Raid

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Dieppe Coin Presentation

Canadian $20 Coin Marks 75th Anniversary of the Dieppe RaidThe Royal Canadian Mint introduced a $20 silver coin commemorating the 75th anniversary of the Dieppe Raid. The allied attach on the German-occupied port of Dieppe resulted in heavy losses, and was Canada's first army combat mission of the Second World War.

In remembrance of this unforgettable chapter in Canadian military history, the Mint on Thursday presented a framed version of the coin to the Moncton Branch of the Royal Canadian Legion [...]

US Mint Statement on Erroneous American Silver Eagle Information

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US Mint Statement on Erroneous American Silver Eagle InformationMost bullion American Silver Eagles are struck at the U.S. Mint facility in West Point. Some come from the Philadelphia and San Francisco Mints.

Unlike companion proof and uncirculated editions, bullion coins lack mint marks to denote where they are made -- frustrating collectors' desires to own complete Silver Eagle collections by year and minting facility or potentially focusing on those that are scarcer [...]

James Earl Jones Talks Coins on PNG/ANA Video

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James Earl Jones from Money- History in Your Hands

James Earl Jones Talks Coins on PNG/ANA VideoThe James Earl Jones-narrated video, "Money: History in Your Hands," is available for free viewing, the Professional Numismatists Guild (PNG) announced today, May 25.

Created by the PNG and the American Numismatic Association (ANA), the two-part video offers viewers a history of money, and how it relates to art, culture, politics and religion [...]

Gold Climbs, Silver Ends at 4-Week High

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Gold Climbs, Silver Ends at 4-Week HighPrecious metals futures advanced Thursday. Gold and silver padded gains that started Wednesday afternoon after the latest Fed minutes signaled expectations of a rate increase in June.

Gold for June delivery added $3.30, or 0.3%, to settle at $1,256.40 an ounce on the Comex division of the New York Mercantile Exchange [...]

Gold, Silver Rise Modestly After Fed Minutes

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Gold, Silver Rise Modestly After Fed MinutesGold and silver futures settled lower for a second straight session Wednesday, and then climbed slightly in electronic trading after minutes from the Fed's last meeting were released.

Gold for June delivery dipped $2.40, or 0.2%, to settle at $1,253.10 an ounce on the Comex division of the New York Mercantile Exchange [...]