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Bullion & Business Weekend Report – July 25
UHR $20 Gold Coin Limits Rise
2009 UHR $20 Gold Coins will become easier for collectors to buy Monday. Order limits increase from one per household to ten, the US Mint announced this week with the following message on its Web site.
Effective July 27, 2009 at 12:00 noon (ET): The United States Mint will adjust the household order limit on the 2009 Ultra High Relief Double Eagle Gold Coin from a limit of one (1) coin per household to ten (10) coins per household. The household order limit will be re-evaluated on a regular basis and the United States Mint will either extend, adjust or remove the limit as needed.
The gorgeous coin launched with great excitement on Jan. 22 and to exploding sales -- despite the 1-coin limit and initial $1,189 price tag. 28,173 were purchased on day one, 40,727 by day four. The US Mint generated nearly $50 million in new sales during those first few days alone.
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What a difference a week can make. Collectors partially awoke from a summer slumber and began to buy US coins.
Ultra High Relief $20 Gold coins surpassed 70,000, newly released 2009 Silver Proof Sets reached 271,372 in three days, American Eagle Silver bullion coins topped 15.8 million, and demand was higher for the remaining US Mint silver coins.
Aside from several straggling First Spouse Gold coins, the US Mint had a good week -- at least better than the last. Even non silver 2009 Proof Sets emerged from a haze to rise 45,729 compared to the last reported 19,547. Tagging along were improved Lincoln Formative Years penny figures, jumping 5,179 from the prior 3,572.
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British Royal Mint Unveils Glorious 2009 Britannia Gold Proof Collection
The Royal Mint is delighted to introduce the 2009 Britannia collection, featuring Philip Nathan's famous 1997 design of Britannia standing tall in her chariot.

His stunning design appears on the reverse, while the current portrait of Her Majesty the Queen takes pride of place on the obverse - the first time that the two designs have appeared alongside each other on a gold coin.
The 2009 collection is the eighth in a series of Britannia commemorative coins to be released since their inception by the Royal Mint in 1987. Unusually for UK gold coins, the Britannia Collection is struck to 22 carat gold Proof quality, but with a small quantity of silver added to the alloy, resulting in a brilliant yellow gold finish.




