US Mint Silver Eagle Bullion Coin Sales Top 6 Million
Bullion & Business Weekend Report – March 6, 2010
2010 Boy Scouts of America Centennial Commemorative Coins Arriving Soon
In only a few short weeks, the United States Mint will start selling a commemorative coin which is sure to be a hit not only with traditional coin collectors, but also with many new-comers to the hobby. On March 23, 2010, the US Mint launches the 2010 Boy Scouts of America Centennial Silver Dollar.
2010 Boy Scouts of America Centennial Silver Dollars - Proof and Uncirculated Versions
(Click Image to Enlarge)
These coins, while standard in their composition and weight for a commemorative, are unique in the fact of their subject matter and the swarm of potential buyers they bring to the industry. It is estimated that almost 2.8 million youth members alone belong to the Boy Scouts of America (BSA). Add in the million plus adult members and the numbers approach 4 million active participants. And that does not take into account millions more who were a part of the organization in the past, who will eagerly race to buy one or more of the coins.
Gold, Silver, Metal Prices Commentary – 3/5/2010
US Mint 2010 Silver Proof Set
Gold Retreats as Dollar Gains, Silver Follows
US Mint Sales: Silver Coins Rise, Gold Coins Slow
Sprinting past all other collectible coins to easily become the U.S. Mint sales leader in just three days were the American Veterans Disabled for Life Silver Dollars.
Nearing 100K from their launch last Thursday through to Sunday, 66,209 proof and 32,149 uncirculated coins were ordered -- very sound starting numbers. Compared to last year's commemoratives, the debuting level was a bit more than half that of the popular Lincoln Silver Dollars, and more than double that of the Louis Braille Silver Dollars. The Lincolns eventually sold out. The Braille's did not, but their figures were solid, nevertheless.
In other products... Both silver sets outperformed their previous weekly gains. The US Mint Silver Proof Set rose 2,687 to end at 664,885. The DC & US Territories Quarters Silver Proof Set climbed 930 to finish at 273,541.
US Mint 2010 Proof Set
Gold Rises to Fresh Six-Week High, Silver Advances
Legislation Proposed to Place Ronald Reagan on the $50 Bill
A newly introduced House Resolution, if passed, would replace President Ulysses S. Grant's portrait on the $50 bill with an image of President Ronald Reagan.
The President Ronald Reagan $50 Bill Act, numbered H.R. 4705, was introduced by Rep. Patrick McHenry (R-NC) on February 25, 2010.
"Every generation needs its own heroes. One decade into the 21st century, it's time to honor the last great president of the 20th and give President Reagan a place beside Presidents Roosevelt and Kennedy," said Congressman McHenry. "President Reagan was a modern day statesman, whose presidency transformed our nation's political and economic thinking."
President Roosevelt is featured on the dime and President Kennedy on the half-dollar.
