New $100 Note Educational Material Available
First Spouse Gold Coins and Proof Buffalo Prices Cut
Gold Rises Modestly, Silver Gains 1.8%
PCGS eStore Now Accepts PayPal for Products and Services
US Mint 2010 Proof Set on Sale
US Mint Sales: Bullion Gold Eagles Top 700K, Silver Eagles Top...
Demand picked up last week for American numismatic coins as compared to the prior United States Mint sales report which showed just four products registered week-over-week gains.
The latest round of numbers have all but ten U.S. Mint products surpassing prior sales, with seven of those coming from smaller Presidential $1 coin offerings.
The bigger dollar items that fell lower were three of the eight First Spouse Gold Coins -- both Jane Pierce Fillmore $5 gold coins retreated, as did the proof Margaret Taylor. Prices for all coins in the series were adjusted lower by $25 late Wednesday afternoon, which should help lift their numbers this week.
Read the rest of this article »Gold, Silver, Metal Prices Commentary – July 22, 2010
2010 Proof Gold Eagle Production Likely?
A House of Representatives subcommittee hearing on Tuesday revealed better odds in minting proof and uncirculated 2010 American Silver Eagle coins. But what about 2010 proof American Gold Eagles?
During the hearing, U.S. Mint Director Ed Moy spoke of his support for legislation that would redirect a portion of silver planchets from legally mandated bullion coins to discretionary proof and uncirculated silver dollars. (Read Proof Silver Eagles Possible.) Subcommittee members and panelists voiced no opposition in amending current law to make them possible.
"Such a change would be one of the most positive customer satisfaction measures that could be taken to benefit your coin collecting constituents without having an effect on American's ability to acquire investment-grade silver bullion," Moy testified.
Laurel Kamper Appointed Marketing Director of Rare Coin Wholesalers
2010 US Mint Uncirculated Sets Open to Sales Topping 200,000
Sales of the 2010 United States Mint Uncirculated Coin Set® opened to solid demand, as coin collectors rushed to place their orders.
The annual U.S. Mint product is typically the second most popular set with coin collectors -- trailing only the clad proof sets.
The satin finish, uncirculated 28-coin set went on sale Thursday, July 15. The 2010 Mint Set lived up to its reputation, racing out of the gate with 200,764 orders in four days.
Debuting sales did ease as compared to the most recent 2009-dated set which was priced $4 lower and contained 8 more coins, including the newly designed pennies that celebrated the bicentennial birth of Lincoln. However, the 2009 Mint Set also launched during a time of year when collectors are much more active in buying coins.
