Gold Dips on Week, Silver Logs 31.5-Month Low; US Mint Bullion...
Precious metals futures declined this week with losses ranging from 0.1% for palladium to 2.7% for silver. Silver also ended at its worst price in more than two-and-a-half years.
Gold for December delivery on Friday declined $3.90, or 0.3%, to settle at $1,200.40 an ounce on the Comex division of the New York Mercantile Exchange [...]
Federal Reserve Inventories of $1 Coins at 1.155 Billion
The U.S. has tons of $1 coins in storage, according to Federal Reserve data released Aug. 10, 2018, although their numbers are declining somewhat every year.
Reserve Bank inventories of dollars are down to 1.155 billion coins through the second quarter of 2018 after peaking to 1.440 billion coins in the third quarter of 2012 [...]
Light Finish 2018-S Silver Reverse Proof Set Halves Found
Numismatic Guaranty Corporation® (NGC) graders have discovered a "light finish" variety of 2018-S Silver Reverse Proof Set Half Dollars.
This variety results from an obverse die that was not properly prepared, imparting a significantly lower-contrast finish on the coin's fields as compared to the white fields typically seen on Reverse Proof coins [...]
Cumberland Island Quarter Launch Ceremony Highlights
Last week on Thursday, Aug. 30, quarters honoring Cumberland Island National Seashore in Georgia were formerly introduced to the public.
Some 1,500 people attended the launch ceremony hosted by officials from the United States Mint and National Park Service and around 1,200 children received a free Cumberland Island quarter to commemorate the event [...]
Gold Posts Second Consecutive Gain Thursday, Sept. 6
Most precious metals futures advanced Thursday. Gold futures climbed for a second straight session but silver finished down toward a more than two-and-a-half year low.
Gold for December delivery added $3, or 0.3%, to settle at $1,204.30 an ounce on the Comex division of the New York Mercantile Exchange [...]
2018 Bullion American Silver Eagles Temporarily Sell Out
Inventories of bullion 2018 American Silver Eagles are depleted for now, the United States Mint told its Authorized Purchasers (APs) today, Sept. 6.
According to U.S. Mint spokesman Michael White, the agency sent the following information to its APs [...]
2018-W $25 Proof American Palladium Eagle Launch (Updated)
The U.S. Mint's newest coin for collectors, the 2018-W $25 Proof American Palladium Eagle, goes on sale today, Sept. 6, at noon ET.
Containing 1 ounce of .9995 fine palladium and limited to 15,000 pieces, this collectible is one of the U.S. Mint's more expensive pieces with its launching price of $1,387.50 [...]
Gold, Silver Rebound Modestly Wednesday, Sept. 5
Most precious metals futures rebounded Wednesday with silver rising from a more than two-and-a-half year low and gold moving up from a nearly two-week low to return above $1,200 an ounce.
Gold for December delivery rose $2.20, or 0.2%, to settle at $1,201.30 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Mint Sales: Cumberland Island Quarters and 5 Oz. Coin Debut
The latest U.S. Mint sales figures show first results for the new collector coins depicting Georgia's Cumberland Island National Seashore.
Released last week on Monday, Aug. 27, the Cumberland Island quarter is the fourth of five 2018-dated issues. Available products include rolls and bags of quarters from Philadelphia, Denver and San Francisco with mint marks of 'P', 'D' and 'S' [...]
Gold Ends Below $1,200; Silver Weakest Since January 2016
Precious metals futures declined Tuesday following an extended U.S. holiday weekend for Labor Day. Silver ended at a more than two-and-a-half year low and gold finished at an almost two-week low.
Gold for December delivery declined $7.60, or 0.6%, to settle at $1,199.10 an ounce on the Comex division of the New York Mercantile Exchange [...]
