Monthly Archives: January 2019
Gold Ends January At 9-Month High; US Mint Bullion Sales Surge
Most precious metals gained Thursday, the final trading day in January. Gold ended at a more than nine-month high and scored its fourth straight monthly increase.
Gold for April delivery advanced $9.70, or 0.7%, to settle at $1,325.20 an ounce on the Comex division of the New York Mercantile Exchange. The finish was the highest since April 24 when the yellow metal ended at $1,333 an ounce [...]
2019-W Proof American Platinum Eagle ‘Liberty’ Coin Launches
The United States Mint began accepting orders today for its 2019-W Proof American Platinum Eagle – Liberty, the second of three coins from the themed Preamble to the Declaration of Independence series.
Strikes from the three-year series showcase unique obverse (heads) designs coupled with a common reverse (tails). Obverses celebrate the three tenets in the Preamble to the Declaration of Independence – Life, Liberty and Happiness [...]
Perth Mint Gold and Silver Bullion Sales Mixed in 2018
Demand for Australian bullion slowed in December from November but was mixed in 2018 compared to 2017, according to figures from The Perth Mint of Australia.
Sales of Mint's gold coins and gold bars at 29,186 ounces declined 54.6% from November -- when they reached their highest point since January 2017 [...]
Precious Metals Gain Wed., Jan. 30
Precious metals futures advanced together Wednesday for a second day in a row. Gold and silver closed at fresh multi-month highs and each marked their fourth straight session gain.
Gold for April delivery -- the new, most active contract -- inched up 30 cents, or less than 0.1%, to settle at $1,315.50 an ounce on the Comex division of the New York Mercantile Exchange. The finish was the highest since May 14 when gold ended at $1,318.20 an ounce [...]
U.S. Mint Produces 13.1 Billion Coins for Circulation in 2018
The pace of producing U.S. coins slowed for a third year in a row after peaking to a 14-year high, the latest manufacturing figures from the United States Mint show.
In 2018, production facilities in Philadelphia and Denver shipped over 13.1 billion coins to Federal Reserve Banks for distribution into the economy, marking decreases of 11.7% from the more than 14.8 billion coins made a year earlier and 18.1% from the over 16 billion coins struck in 2016 [...]
Apollo 11 Half Dollar Set Packaging Contains Clerical Error
The Apollo 11 50th Anniversary Half Dollar Set has a packaging error that will be corrected, the United States Mint said in a statement Tuesday, Jan. 29.
The back of the outside packaging sleeve incorrectly shows Gilroy Roberts as designing and engraving both the obverse (heads side) and reverse (tails side) of the Kennedy 50c. Roberts designed and engraved the obverse but Frank Gasparro designed and engraved the reverse [...]
Gold Ends At 8.5-Month High, Silver Hits 6.5-Month High
Precious metals futures registered mostly modest gains Tuesday. Still, gold marked an eight-and-a-half-month high and silver scored a six-and-a-half-month high.
Gold for February delivery tacked on $5.80, or 0.5%, to settle at $1,308.90 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest since May 14 when gold ended at $1,318.20 an ounce [...]
US Mint Sales: Apollo 11 Coins Debut
The U.S. Mint released updated sales figures for its range of Apollo 11 50th Anniversary Commemorative Coins.
Released last Thursday at prices ranging from $25.95 to $418.75, the eight commemorative products combined to post first-day sales of 296,311 coins for $31,846,666. Sales through the weekend rose by another 64,425 coins [...]
Dustin Johnston Promoted To VP of Currency At Heritage
Heritage Auctions has announced that Dustin Johnston has been promoted to Vice President.
Now in his 20th year at Heritage Auctions, Johnston has been active in just about every aspect of the business. Most recently, as Director of the Heritage Auctions Currency department, Johnston oversaw all aspects of the department, including [...]
Heritage Announces Weekly World Currency Auctions
Heritage Auctions has introduced a World Currency Weekly Auction that runs every Tuesday on HA.com.
The weekly auctions came about because of the continued growth in recent years of the Heritage Auctions Currency Department, which eclipsed $41 million in sales in 2018 [...]