UHR & Louis Braille Soaring Sales Figures – April 30
Ultra High Relief (UHR) $20 gold coins break a new threshold and Braille Commemorative Silver Dollar sales soar, according to the latest US Mint sales report.
Ultra High Relief (UHR) $20 gold coin sales cooled off compared to the last figures, but rose above the magic 60,000 barrier. With an average price of around $1200 each, the total is quite impressive.
In a surprise for the second straight week, sales of Louis Braille Silver Dollars shot up... really shot up. Proofs jumped by 38.1 percent over the prior numbers, with 21,636 additional sold. The uncirculated options rose by nearly 30 percent, with 10,200 more purchased by collectors.
US Mint Halts 2009 Nickels and Dimes Production
The United States Mint has halted production of circulating 2009 Jefferson nickels and 2009 Roosevelt dimes for the rest of this year, according to the latest issue of Coin World. As the dime and nickel production graphs show, the stoppage creates historic, staggering low mintages for the two coins -- levels not seen since the 50s.
Coin Word's Paul Gilkes reports the US Mint made the announcement on April 23, and included details of a scale back in producing for other circulating coins, like the three remaining 2009 Lincoln Pennies.
It's not that the public or collectors dislike the new coins. Quite the opposite, in fact. Collector demand for 2009 circulating coinage is exceptionally high. It's all about the recession. It has, by itself, significantly eroded demand for new coins in every day transactions.
Gold, Silver and Platinum Gain
New Authorization Rules for Commemorative Coinage
New Multi-Lens Collector’s Box from US Mint
Gold Drops Below $900, Platinum and Silver Plunge
2009 Silver Eagle Bullion Coins Scorching Hot
Sales of 2009 Silver Eagle Bullion Coins are blistering hot, with an incredible record-breaking pace of 9.64 million sold through Monday, April 27, according to the latest US Mint sales stats.
Total Silver Eagle Bullion Coin Sales, Jan-Apr (2000-2009)*
*Total for April shows reported US Mint sales up through April 27.
More silver eagles have been sold during February, March and even an unfinished April than any corresponding month since the American Eagle series was launched in 1986. What happened in January 2009? It was a great month for the eagles as well, coming in second place behind the record sales in January 2008.
Numismatic News Headlines – Apr 28
Silver Advances, Gold and Platinum Decline
Puerto Rico Quarter Sales Surge
Puerto Rico quarter are selling at an exceptional pace, based on US Mint weekly sales reports and compared to prior quarter offerings.
With 2009 quarter production plummeting and no signals in sight for a reversal any time soon, there is little surprise as to why demand for the coins has peaked.
Registering lows that have not been seen in over 40 years, the 2009-P has a mintage of just 53.2 million and the 2009-D has a mintage of 86 million. The relative Puerto Rico quarter scarcity compared to prior quarters has driven demand (an attractive quarter design certainly is a bonus).
