Blog Page 1267

Bullion & Business Weekend Report

1
Platinum blasted through several records this week with a final London close of $2,060 and up an impressive 8.54% for the week. ...

Legislation Introduced for United States Army Commemorative Coins

1

Recognizing United States Army

A newly introduced Senate bill would create commemorative coins to celebrate the establishment of United States Army, its heritage and role and to honor the men and women who serve and have served.

The bill was first introduced on January 30, 2008, by Senator Daniel K. Inouye [D-HI] and cosponsored by Senator James M. Inhofe [R-OK].

As is typical for commemorative coin legislation, few details of the coin design are provided outside required inscriptions and general guidelines. Should the bill become law without changes, the coins would be minted and sold by the United States Mint in 2011.

The legislation is S. 2579 and titled, United States Army Commemorative Coin Act of 2008. It would create three commemorative coins:

Read the rest of this numismatic news article »

Platinum Price Jumps, Sets Record, and Results in United States Mint...

2
It's like an irritatingly broken record - bullion rises and the United States Mint suspends bullion coin sales to readjust their prices. Platinum hit...

James Monroe Presidential $1 Coins Enter Circulation, Bags and Rolls for...

5

James Monroe Presidential $1 Dollar Coins Enter Circulation, Bags and Rolls for SaleJames Monroe Presidential Dollars were ceremoniously launched yesterday at Ash Lawn-Highland, the estate of the President Monroe.

Today at 12:00 noon (ET), Bags and Rolls of new $1 coins went on sale through the United States Mint and the dollar coins officially entered circulation through banks.

Finding presidential $1 coins in circulation or in banks has proven to be a difficult task in many areas of the U.S. and, although a premium is paid, many coin collectors purchase the coins directly from the United States Mint.

Read the rest of this numismatic news article »

New Coin Commemorating the 200 Anniversary of the Abolition of the...

1
On Tuesday, February 5, 2008, President Bush signed into law H.R. 3432 titled, "Commission on the Abolition of the Transatlantic Slave ...

Royal Canadian Mint Displays Record-Breaking Gold Coin in United Arab Emirates

0
Over the weekend the Royal Canadian Mint (RCM) exhibited the world's largest gold coin in the United Arab Emirates (UAE). The Guinness World Record...

Price Increases for Bald Eagle Commemorative Coins

1
The pre-issue or introductory prices for the Bald Eagle Commemorative Coins end tomorrow, Feb. 14, at 5:00 pm (ET). While it will be...

PNG Seeks 2008 Award Nominees

0
Fallbrook, California. – Nominations for its 2008 awards are being sought by the Professional Numismatists Guild (www.PNGdealers.com), according to PNG Executive Director Robert Brueggeman...

CoinNews Adds Australian Coin Photos, Prices and Information from Perth Mint

0
It's rare to find a mint gallery with coin photos, information and prices within a single location. You can naturally visit world mint websites...

CBS 60 Minutes News Video: Should We Make Cents? Part Two...

4

CBS 60 Minutes News Video: Should We Make Cents?The CoinNews Saturday eNewsletter and the short post Sunday morning included information about the Sunday night 60 Minutes news segment titled, Should We Make Cents?

Morley Safer reports on how the penny and nickel are worth less than the U.S. government cost to manufacture them - the penny almost two cents and the nickel almost a dime.

The largest portion of the segment, as the 60 Minutes title suggests, revolves around the various points of view on whether the government should stop making Lincoln pennies.

Why is the manufacturing cost of the 1-cent penny and 5-cent nickel up so much? United States Mint Director Ed Moy summed it up:

Read the rest of this numismatic news article »

Calvin Coolidge Presidential Silver Medal, 1776 ~ 2026 Palladium Eagle and roll of 1776 ~ 2026 Trump dollars

US Mint Sales: Trump Dollars and Palladium Eagle Coins Gone

45
Three newly released U.S. Mint products dominated the agency's latest sales report, taking the top four spots. Rolls and bags of 2026 Semiquincentennial President...