CoinNews

The United States Mint today revealed the final design images of the new 2010 First Spouse Gold Coins featuring the wives of Presidents Fillmore, Pierce, Buchanan, and Lincoln. These men will be depicted in 2010 on Presidential $1 clad coins while their spouses will be honored on $10 gold pieces.

The coins mark the fourteenth through the seventeenth to be issued in the series which began in 2007. The US Mint will produce collector proof an uncirculated versions. Each is struck in 1/2 ounces of 24 karat, .9999 fine gold. The new designs also will be featured on 1-5/16" bronze medals.

Read the rest of this numismatic news article »

Slim Pickings - Just The Facts Good Day, Following yesterday's drop to seven-week lows near $1073, gold prices steadied a bit...

2010 American Eagle Gold and Silver One Ounce Bullion Coins will go on sale beginning January 19, 2010, the United States Mint told its authorized purchasers on Tuesday.

In what can be described as roller-coaster of availability due to enormous demand for 2009 bullion Eagles, this news comes as an affirmation of at least an attempt by the US Mint to keep supplies available. The Mint, however, also states that the allocation process will be in place upon their introduction.

This is not surprising to most as the Gold and Silver Eagles have seen temporary suspensions this year and were under allocation through most of the first half of 2009. The most recent suspensions happened only last month, and the return of the one-ounce bullions was not seen until recently.

Fractional Gold Eagles also saw excitement. After having been in a release holding pattern for much of the year, the Mint issued 1/2, 1/4, and 1/10 oz sizes on December 3, 2009 to record sales. In a single day, the Mint recorded transactions bringing the numbers to a level near what was sold in all of 2008.

Read the rest of this numismatic news article »

One of the United States former Presidents will get three commemorative coins if a congressman gets his way. On December 16, 2009, US Rep....

New York gold futures fell on Tuesday to a seven-week low as the US dollar again rallied. Propping the...

The United States Mint is unlikely to cut numismatic gold coin prices for a second straight week, despite the continual decline in gold prices...

Dollar Winter Fairy Tales Good Day, Following Monday's give-up of Friday's hard-fought gains, gold prices headed lower still in the early Tuesday...

OTTAWA, ON -- The Royal Canadian Mint today released findings of third party reviews which fully accounts for the difference between the...

Over 355 million Andrew Jackson, Martin Van Buren, William Henry Harrison, and John Tyler Presidential $1 Coins were distributed by the Federal Reserve Banks in the last accounting period, according to their annual report to Congress released earlier this year.

However, the Reserve indicates the amount is low compared to what they have on hand, and what is returned by banks.

As first reported by Paul Gilkes in the latest issue of Coin World, the Reserve Banks are accumulating a tremendous stockpile of the golden coins. In fact, the Board of Governors of the Federal Reserve System made the following statement:

 

"Current supplies represent enough $1 coins for the Reserve Banks to meet transactional demand for $1 coins for about ten years."

 

This buildup represents a 900% plus increase in inventory over what the Banks held at the introduction of the Presidential Dollars to the system. According to Fed records, 67 million dollar coins were in their control at the start of 2007. By the end of May of this year, an astonishing 691 million dollars were being held in limbo.

Read the rest of this numismatic news article »

For collectors wanting a chance at a once-in-a-lifetime opportunity to strike the last 2009 coin, or the first 2010 coin, the Royal Australian Mint...