Michael Hall Collection of Renaissance Medals Set for Auction
Gold, Silver, Metal Prices: Commentary – 12/14/2009
Ron Paul Bill Seeks Coin and Bullion Tax Ban
Congressman Ron Paul [R-TX] on Wednesday introduced legislation that would, if signed into law, end taxes on coins and bullion and repeal legal tender laws. The bill's lofty goal is to reintroduce a system of competing currencies.
"At this country's founding, there was no government controlled national currency. While the Constitution established the Congressional power of minting coins, it was not until 1792 that the US Mint was formally established," Rep. Ron Paul said.
"In the meantime, Americans made do with foreign silver and gold coins. Even after the Mint's operations got underway, foreign coins continued to circulate within the United States, and did so for several decades.
H.R. 4248, or the Free Competition in Currency Act of 2009, includes several measures to end government controlled currency. One is to repeal Section 5103 of Title 31 of the United States Code which includes legal tender language that, according to Ron Paul, should not exist.
Coin Chat Radio: 2009 Eagle Platinum Proof, Collecting Clad Coins
Bullion & Business Weekend Report – Dec. 12
US Mint Announces Return, Conclusion of 2009 American Gold Eagle Coins
A week after announcing the inventory depletion and temporary suspensions of 2009 American Gold Eagle bullion coins, the United States Mint today provided follow-up information on the return of the one ounce and fractional sizes, as well as an update for how long they will available.
Fractional Gold Eagles in 1/2 oz, 1/4 oz and 1/10 oz sizes will be released on Monday.
"The additional limited quantity of 2009 American Eagle Gold Half-Ounce, Quarter-Ounce and Tenth-Ounce Bullion Coins will be offered via the United States Mint standard allocation process on Monday, December 14, 2009," said U.S. Mint Director of Public Affairs Tom Jurkowsky.
Jurkowsky said that "no additional inventory will be produced" after the supply of these coins are depleted.
Gold, Silver, Metal Prices: Commentary – 12/11/2009
2010 $2 Single Note Collection Subscription Program Launch
Bowers and Merena to Kick-Off 2010 with Orlando Rarities Sale
US Mint 2009 Proof Platinum Eagle Coins Sell Out
It took just over a week for it to happen. The US Mint has sold out of the 2009 American Eagle Platinum Proof Coins, exactly as had been predicted by many numismatic resources.
Released at Noon Eastern on Thursday, December 3, 2009, the Platinum Eagles were limited to a mintage of only 8,000. Over 7,200 of those sold in the first few days, even with a household order limit of 5 pieces in place. The US Mint sold just 4,769 of the one ounce proof coins during all of last year.
Collectors interested in obtaining an Eagle still have the opportunity to sign up for a waiting list, according to a statement on the order page at the US Mint's website:
Waiting List Notice: The number of orders we have taken meets the maximum limit for the 2009 American Eagle One Ounce Platinum Proof Coin. You may still place an order for this product, which will go on a waiting list. If a product becomes available due to an order cancellation, we will fulfill orders from the waiting list on a first-in, first-served basis. We cannot provide information about your position on the waiting list.
