U.S. Government Prints 461 Million Notes Worth $17.5 Billion in December
New US Mint Pricing for American Buffalo and Eagle Gold Coins
The United States Mint on Monday updated pricing across the board for their remaining 2008-dated American Buffalo Gold and American Eagle Gold coins.
The price changes were expected and in line with a January 7 notice where the Mint announced a new pricing policy that would adjust gold and platinum coin prices based primarily on the London Fix weekly average (covering the previous Thursday through Wednesday a.m. Fix).
The policy was introduced to "mitigate the effect that fluctuating gold and platinum commodity costs" has on coins, the Mint said. The new pricing mechanism is much more open as it contains tables of coin prices based on ranges of London Fix bullion prices. If the London Fix weekly average stays within a $50 range for gold and a $100 range for platinum, the collector coin prices would not be change. A penny beyond those thresholds in either direction kicks in a price adjustment.
Royal Canadian Mint Launches First Collector Coins of 2009
Ottawa, Ontario – The Royal Canadian Mint today [January 9] released its first new collector coins and gift products of 2009, choosing the centennial of flight in Canada as the theme of its highly anticipated 2009 Proof Silver Dollar.
This coin leads a formation of annual releases consisting of $100, $200 and $300 face value gold issues, as well as proof, uncirculated and specimen coin sets celebrating popular and meaningful themes. The Mint's fine silver version of the Historical Commerce Collection, "new look" gift sets and new greeting card coins complete the line-up.
"The Royal Canadian Mint continues to stand out among the world's mints by producing collector coins of striking appearance and exceptional quality," said Ian E. Bennett, President and CEO of the Royal Canadian Mint. "The first collector coins of 2009 are shining examples of our passion for crafting coins of outstanding beauty and value for buyers from across Canada and around the world."
US Mint Gold, Platinum and Silver Coin Sales Figures, Jan 10
The one-quarter ounce 2008-W American Eagle Gold Proof coin is at the top for the most active option.
The gold proof coin sold out on Monday, January 5. The latest Mint sales figures help explain why. Sales surged by 8,722 coins, or 144 percent. Numbers will be more finalized in the next report, but so far the total sold stands at 14,795.
Only the 1/10 ounce gold eagle now remains for 2008-dated proof coins for sale, with their total sales now standing at 11,319. They may not be around long. For part of Thursday and Friday, the Mint's online store had them listed as unavailable. (Read 2008 Eagle Gold Proof Coins Wavering Along.)
Every 2008-dated uncirculated American Eagle gold and silver coin is still available from the Mint, with the gold options showing very strong rate activity.
Here are the latest US Mint sales figures for the major American Eagle and American Buffalo collector products:
Bullion & Business Weekend Report – Jan 10
2008 Eagle Gold Proof Coins Wavering Along
Lemus-Queller Collection of Patterns Tops $8.3 Million At FUN
PCGS Currency Certifies Dog-Gone Note
(Newport Beach, California) -- There's an interesting "pedigree" to a Series 1918 Federal Reserve $2 note (Fr. 776) recently certified 58 PPQ by PCGS Currency. It has the unusual serial number, K9A, and a specially-worded encapsulation insert prepared for this note honors a fondly-remembered canine pet.
"She was a very, very loving dog and an excellent watchdog. If you were sick or not feeling well, Cujo had this motherly thing about her where she would lay in bed with you until you felt better, even for days at a time. She was the most loyal dog I have ever known," said the note's owner, Brian Smith of U.S. Currency Sales in Palos Verdes Peninsula, California. He purchased it not long after the death of his mixed shepherd dog.
PCGS Certifies ANS’ Unique 1793 Wreath Large Cent
$7 Million of World & Ancient Coins Sold at NYINC
Dallas, TX – Heritage Auction Galleries has just posted prices realized approaching $7 million on its Signature Auction of Ancient and World Coins, held as an official auction of the New York International Numismatic Convention in New York City (NYINC).
At the conclusion of sales of Post Auction Buys and non-floor session material (ending Jan. 13), total prices Realized are expected to well exceed $7 million. This was the lead event in a week of Heritage auctions that will see more than 18,000 lots of rare coins and currency valued above $50 million sold in New York City and Orlando, Florida. Prices realized information on all auctions can be found at www.HA.com.
