Monthly Archives: February 2018
US Mint Sales: 2018 Quarters Silver Proof Set and Pictured Rocks...
Two collector products launched last week -- a 5-coin set of 2018 silver quarters and a 3-coin set of 2018 Pictured Rocks quarters. The pair were the U.S. Mint's strongest weekly sellers.
The quarters in the silver set honor national sites in Michigan, Wisconsin, Minnesota, Georgia, and Rhode Island [...]
Gold, Silver Decline in February; American Eagle Bullion Sales Slow
Gold futures declined for a second day in a row Wednesday, and logged their first monthly loss since October.
Gold for April delivery dipped 70 cents, or about 0.05%, to settle at $1,317.90 an ounce on the Comex division of the New York Mercantile Exchange [...]
WWI Centennial Silver Medal Sales Reach 62,660
The 30-day ordering window ended Feb. 20 for the five World War I Centennial Silver Medals. The latest U.S. Mint sales figures show 62,660, or about 62.7%, of the potential 100,000 sold.
The silver medals commemorate branches of the U.S. Armed Forces that were active in the First World War with designs honoring the Army, the Navy, the Air Service, the Marines and the Coast Guard [...]
Precius Metals Decline Tueday, Feb. 27
Precious metals futures declined as a group on Tuesday after they gained on Monday.
Gold for April delivery lost $14.20, or 1.1%, to settle at $1,318.60 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Mint Coin Production Tops 1.6 Billion in January
United States Mint production facilities in Philadelphia and Denver picked up their pace in January.
Over 1.6 billion in cents, nickels, dimes, quarters, half-dollars and dollars came from U.S. Mint coining presses last month, marking a 109.9% increase from December but a 10.5% decline from January 2017 [...]
Perth Mint Bullion Sales Pick Up in January
Demand for Australian bullion products picked up in January with silver sales the highest since July and gold sales the strongest since October, according to the latest figures from The Perth Mint of Australia. Their levels, however, were down from a year ago.
Gains happened against rising precious metals with LBMA prices in January registering increases of 3.7% for gold and 2.2% for silver [...]
Precious Metals Rise; Pictured Rocks 5 oz Bullion Coin Launches
Precious metals futures moved ahead in their start to the new trading week on Monday. Most of them gained little.
Gold for April delivery climbed $2.50, or nearly 0.2%, to finish at $1,332.80 an ounce on the Comex division of the New York Mercantile Exchange [...]
Penny Costs 1.82 Cents to Make in 2017, Nickel Costs 6.6...
It's costing more to make U.S. coins for circulation. Unit costs climbed for every denomination, the United States Mint disclosed in its 2017 Annual Report, and the cost of making cents and nickels remained above their face values for a twelfth year in a row.
The unit cost to produce, administer and distribute the 1-cent coin was 1.82 cents in FY 2017 compared to the 1.50 cents of a year earlier. For the 5-cent coin [...]
Gold Logs Biggest Weekly Decline This Year
Precious metals futures moved in the same direction on Friday as they ended for the week -- higher for palladium and lower for gold, silver and platinum. Gold posted its biggest weekly decline this year.
Gold for April delivery shed $2.40, or nearly 0.2%, to settle at $1,330.30 an ounce on the Comex division of the New York Mercantile Exchange [...]
2018-W Proof American Platinum Eagle ‘Life’ Photos
This article presents photos of a United States Mint's 2018-W $100 Proof American Platinum Eagle.
Released on Jan. 25, the 1-ounce .9995 fine platinum coin is the first release in a three-year Preamble to the Declaration of Independence Series that celebrates the unalienable rights of Life, Liberty and the pursuit of Happiness [...]