CoinNews

On May 15, the House of Representatives passed H.R. 5614, an act “To authorize the production in palladium of Saint-Gaudens Double Eagle coins as ultra-high relief numismatic coins and bullion investment coins in order to provide affordable opportunities for investments in precious metals, and for other purposes.”

Palladium is a silver-white precious metal that is directly above platinum and to the left of silver in the Periodic Table of Elements. Generally speaking, the price of palladium is half that of gold.

The template for the coins is that of the 1907 ultra-high relief Augustus Saint-Gaudens $20 Double Eagle, considered by many to be one of the most beautiful gold coins made in the history of U.S. coinage. The Treasury authorized issuance of a one-ounce gold version of this coin in 2009.

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Rare and unique Banknotes from Russia, Mexico, China, Brazil, Canada, U.S., Venezuela, Costa Rica, Dominican Republic, Australia, New Zealand, Chile, Indonesia, Laos, Philippines,...

By mid-week, silver, gold and platinum hit the bottom of their slow roller coaster ride on the London Fix. While silver edged up...

The United States Mint launched John Quincy Adam $1 coins into circulation yesterday, May 15. The dollar coin marks the sixth released since the Presidential $1 Coin Program began in 2007, and the second for this year.

United States Mint Acting Deputy Director Dan Shaver commented,

 

"$1 coins are great for use in everyday transactions, and the John Quincy Adams Presidential $1 Coin is also an educational tool. As Americans use the coin in commerce, we hope it prompts them to learn about this President's contributions to our great Nation."

 

John Quincy Adam's life was one of distinction and commitment to public service.

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Five people were arrested in Southern California earlier this week for allegedly counterfeiting between $5 and $6 million in phony $20s and $100s over...

The CoinNews U.S. Inflation Calculator and annual Rate of Inflation Charts have been updated to use the very latest Consumer Price Index...

With the recently announced and already sold out $2 Dallas note, the Bureau of Engraving and Printing (BEP) has sent out availability notices of...

A steamship that sank off the Louisiana coast during an 1846 storm has produced a trove of rare gold coins, including some produced...

Last Minute Amendment Could Have Shut Down Precious Metals Coin Dealers ICTA recently helped defeat an 11th hour proposal that would have put precious metals...

Japan will issue a new colorized Hokkaido commemorative silver coin featuring Japanese red-crowned cranes, a symbol of Hokkaido, flying above Hokkaido's Lake Toya.

Japan's Finance Minister, Fukushiro Nukaga, made the announcement Tuesday in a press conference after a cabinet meeting. Mr. Nukaga said a 1,000-yen Hokkaido commemorative coin would be issued this July in time for the Group of Eight summit, which will be held in Hokkaido.

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