Monthly Archives: May 2017
US Mint Sales: 2017 Proof Gold Buffalo Debut
The highlight from the latest U.S. Mint sales report is the opening start for the new 2017-W Proof American Gold Buffalo.
Released on May 11, four-day sales for the 24-karat gold coin reached 7,597. That's pretty much in the middle of the pack when compared to other recent issues [...]
2017 US Mint Uncirculated Coin Set Released
Today, May 17, the U.S. Mint issued one of its most popular annual numismatic products. Officially titled the 2017 United States Mint Uncirculated Coin Set®, most will commonly refer to this new release as the 2017 Mint Set.
Sets include uncirculated quality examples of the main coins for 2017, those that are generally intended for circulation [...]
2017 Australian 1oz Silver Swan Coins Realizing Strong Prices (Photos)
The Perth Mint struck a hit with their 2017 Australian Silver Swan 1oz Bullion Coin. The 99.99% fine silver product launched in early April and promptly sold out. It's now realizing secondary market prices ranging from nearly 3x to about 9x melt value.
Padding the bullion coin's appeal is its limited 25,000 mintage, its attractive design, and its role as the first release in an expected series to feature annually changing swan designs [...]
Federal Reserve Inventories of $1 Coins at 1.24 Billion
Federal Reserve inventories of $1 coins are retreating, but only slightly. Fed data shows their supply at 1.241 billion coins through the first quarter of 2017, after peaking to 1.44 billion coins in the third quarter of 2012.
Dollar inventories have steadily fallen since that peak, trending lower by about 4 million coins per month -- a pace that would take more than a quarter of a century for the Fed's supply to dry up [...]
Ozark Riverways Quarter Ceremony, Coin Exchange and Public Forum
On June 5, the United States Mint and the National Park Service will introduce the quarter commemorating Missouri's Ozark National Scenic Riverways.
This year's third quarter ceremony will be at one of the historic sites within the national park, called the Alley Spring and Mill [...]
2017-S Proof American Silver Eagle Commanding Price Premiums (Photos)
Six weeks after its release, the San Francisco Mint's proof American Silver Eagle is drawing from nearly triple to more than quadruple its issue price.
Limited to 75,000 in its initial release within the 2017 Congratulations Set ($54.95), which sold out within minutes of its April 4 launch [...]
World-Class Collections Featured in Legend’s May 18 Regency Auction XXI
Unique rarities highlight Legend Rare Coin Auctions' next sale event, The Regency Auction XXI held Thursday, May 18, at Harrah's Hotel in New Orleans in conjunction with the PCGS Members Only Show.
The 521-lot event will feature one of Legend's "most diverse and impressive presentations of rare coins ever offered," the company stated [...]
Stack’s Bowers May 17-18 Online Auction of Coins and Currency
Stack's Bowers Galleries is offering rarities in ancient coins, world coins, and world currency in their May 17 to 18 Collector's Choice Online Auction.
These sales close live, with an auctioneer, but bids may be submitted ahead of time as well. Links to view the lots, along with their sale dates and starting times follow [...]
Gold Ekes Out Weekly Gain After Biggest 2017 Weekly Loss
Gold futures settled higher for a third straight session Friday, lifting prices just enough to score their first weekly advanced in three weeks. Last week, they posted their biggest weekly loss of the year.
Gold for June delivery added $3.50, or 0.3%, to settle at $1,227.70 an ounce on the Comex division of the New York Mercantile Exchange [...]
Coast Guard Commemorative Coin Act of 2017 Introduced
Companion Senate and House bills were reintroduced last week to seek gold, silver and clad coins to honor the men and women of the U.S. Coast Guard.
The Coast Guard (www.uscg.mil) is one of five military branches in the United States. Founded on Aug. 4, 1790, it has [...]