Monthly Archives: September 2018
Perth Mint of Australia Unveils 2019 Bullion Coins
The Perth Mint unveiled this week its bullion suite of gold, silver and platinum coins for 2019.
Intended for investors and historically popular with collectors, coins include the signature Australian Kangaroo, Kookaburra and Koala series themes. Then there are Australian Lunar Series II coins celebrating the Year of the Pig [...]
Gold Rises, Silver Marks Another 31.5-Month Low
Gold was by itself in gains Tuesday among precious metals, for its first increase in three sessions. Silver, meanwhile, ended at another more than two-and-a-half year low.
Gold for December delivery rose $2.40, or 0.2%, to settle at $1,202.20 an ounce on the Comex division of the New York Mercantile Exchange [...]
CCAC to Review Designs for 2018 Innovation $1, 2019 HR $100...
The Citizens Coinage Advisory Committee (CCAC) will meet Thursday, Sept. 27, to review and discuss candidate designs for 2018 to 2020-dated coins struck in clad, silver and high relief gold.
The CCAC is tasked with advising the Secretary of the Treasury on themes and designs pertaining to all United States coins and medals [...]
Gold Dips; Cumberland Island 5 oz Bullion Coin Debuts
Most precious metals lacked a lot of movement Monday. Platinum was the exception, rising 1.2%. Gold and silver moved opposite of each other -- with the former falling and the latter rising -- but they logged less than a 0.1% change from their prices on Friday.
Gold for December delivery dipped 60 cents to settle at $1,199.80 an ounce on the Comex division of the New York Mercantile Exchange. The close is the lowest since last week Tuesday, Sept. 4 [...]
Gold Dips on Week, Silver Logs 31.5-Month Low; US Mint Bullion...
Precious metals futures declined this week with losses ranging from 0.1% for palladium to 2.7% for silver. Silver also ended at its worst price in more than two-and-a-half years.
Gold for December delivery on Friday declined $3.90, or 0.3%, to settle at $1,200.40 an ounce on the Comex division of the New York Mercantile Exchange [...]
Federal Reserve Inventories of $1 Coins at 1.155 Billion
The U.S. has tons of $1 coins in storage, according to Federal Reserve data released Aug. 10, 2018, although their numbers are declining somewhat every year.
Reserve Bank inventories of dollars are down to 1.155 billion coins through the second quarter of 2018 after peaking to 1.440 billion coins in the third quarter of 2012 [...]
Light Finish 2018-S Silver Reverse Proof Set Halves Found
Numismatic Guaranty Corporation® (NGC) graders have discovered a "light finish" variety of 2018-S Silver Reverse Proof Set Half Dollars.
This variety results from an obverse die that was not properly prepared, imparting a significantly lower-contrast finish on the coin's fields as compared to the white fields typically seen on Reverse Proof coins [...]
Cumberland Island Quarter Launch Ceremony Highlights
Last week on Thursday, Aug. 30, quarters honoring Cumberland Island National Seashore in Georgia were formerly introduced to the public.
Some 1,500 people attended the launch ceremony hosted by officials from the United States Mint and National Park Service and around 1,200 children received a free Cumberland Island quarter to commemorate the event [...]
Gold Posts Second Consecutive Gain Thursday, Sept. 6
Most precious metals futures advanced Thursday. Gold futures climbed for a second straight session but silver finished down toward a more than two-and-a-half year low.
Gold for December delivery added $3, or 0.3%, to settle at $1,204.30 an ounce on the Comex division of the New York Mercantile Exchange [...]
2018 Bullion American Silver Eagles Temporarily Sell Out
Inventories of bullion 2018 American Silver Eagles are depleted for now, the United States Mint told its Authorized Purchasers (APs) today, Sept. 6.
According to U.S. Mint spokesman Michael White, the agency sent the following information to its APs [...]