US Mint Sales: Gold Coins and Proof Sets Excel in September
Demand for gold coins and 2009 Proof Sets is turning out to be exceptionally high this September, US Mint sales data reveals.
The latest weekly sales figures also show collector coins were mixed compared to the week prior, with very narrow up or down changes. Several highlights follow:
For the third straight time, clad 2009 Proof Sets have outpaced their prior week sales. Collectors purchased another 42,077, which surpasses the previous weekly gains of 40.5K, 27.9K and then 18.4K. The reason for the surge? Perhaps the Fall US Mint coin catalog is reminding collectors to buy the popular annual offering. More than 1.1 million have sold.
Bullion American Gold Eagle coins are flying high compared to the last two months. More than 30,000 were scooped up per week this month. The new total is 92,500. That is already higher than figures from August or July.
Bullion Silver Eagles had their best week this month, surging 500,000. The month may turn out to be the slowest for the silver coins this year, but the 1.1 million already sold ranks it as the second best September ever (since '86).
First Man On The Moon 2009 Silver Proof Orbital Coin Issued
Commemorating the 40th anniversary of a technological and historically significant event, The Perth Mint has released the First Man On The Moon 2009 Silver Proof 'Orbital' Coin. This coin is the fourth of five in a set of releases that are part of the Perth's Orbit and Beyond series.
The innovative series capitalizes on the Perth's abilities to create unique pieces. The Orbit and Beyond coins feature an outer ring design that really orbits around the colored image of Earth in the center.
In 1961, President John F. Kennedy issued the following challenge to his fellow Americans:
"... I believe that this nation should commit itself to achieving the goal, before this decade is out, of landing a man on the Moon and returning him safely to the Earth. No single space project in this period will be more impressive to mankind, or more important in the long-range exploration of space; and none will be so difficult or expensive to accomplish."
Following several years of amazing technological advancements...
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US Mint Gold Coin Prices to Rise
Unless gold prices find and then fall off the world's highest cliff on Wednesday, the US Mint will raise Ultra High Relief Double Eagles and First Spouse Gold Coin prices by $50 and $25, respectively.
US Mint collector gold coin prices are subject to change weekly based on the US Mint's pricing policy which links the market price of gold to the selling price for the precious metal coins.
The last gold coin price increases occurred on Sept. 2 when the gold average topped $950 an ounce. While Wednesday gold prices must still be taken into account, the prior 4 day gold average stands at $1,011.38 an ounce, with many days well above the $1,000 threshold which automatically triggers a new round of higher coin prices.
CCAC to Review America the Beautiful Quarters Designs
