Blog Page 532

US Banknote Production in April Maintains Quickened Pace

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US Banknote Production in April Maintains Quickened PaceU.S. money production in April picked up for a fourth straight month, ran the quickest since October, and finished ahead of figures from a year earlier, data from the agency responsible for printing American currency shows.

624 million in $1s, $5s, $10s, $20s, $50s and $100s were produced last month for a combined value of more than $15.7 billion [...]

ECB Phasing Out €500 Banknote

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ECB Phasing Out €500 BanknoteThe European Central Bank (ECB) announced on May 4 that it will stop printing and issuing €500 banknotes. The phase out will begin around the end of 2018, according to the ECB, when the €100 and €200 banknotes of the Europa series are planned to be introduced.

Some call the note a "Bin Laden," as it reportedly favored among [...]

Gold Logs 3-Week Low, Bullion 2016 Silver Eagles Hit 21.9M

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Gold Logs 3-Week Low, Bullion 2016 Silver Eagles Hit 21.9MPrecious metals were slammed Thursday by bearish FOMC minutes that were released Wednesday afternoon. Gold futures ended lower for a second session in a row, after rising for three straight, and logged a more than three-week low.

Gold for June delivery declined $19.60, or 1.5%, to settle at $1,254.80 an ounce on the Comex division of the New York Mercantile Exchange [...]

Spencer Kinkelaar

Ohioan Teen Wins 2016 PNG YN Scholarship

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Ohioan Teen Wins 2016 PNG YN ScholarshipSpencer Kinkelaar of Morrow, Ohio is the winner of the Professional Numismatists Guild's 2016 Young Numismatist Scholarship competition.

Courtesy of PNG, Kinkelaar can attend one of the week-long 2016 ANA Summer Seminar sessions in Colorado Springs, Colorado. The PNG scholarship will cover airfare and tuition [...]

2016 United States Mint Uncirculated Coin Set

2016 US Mint Uncirculated Coin Set Released

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2016 US Mint Uncirculated Coin Set ReleasedOn Wednesday, May 18, the United States Mint started selling a collector set that includes this year's major coins in uncirculated quality.

Sets like this one have been issued for decades, and they're one of the U.S. Mint's most popular annual products [...]

Gold, Silver Drop After Fed Minutes; US Coin Sales Rise

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Gold, Silver Drop After Fed Minutes; US Coin Sales RiseGold futures settled lower on Wednesday for the first time in four sessions, then fell further when minutes from the Fed's last meeting in April showed that a rate hike in June was on the table.

Gold for June delivery shed $2.50, or 0.2%, to settle at $1,274.40 an ounce on the Comex division of the New York Mercantile Exchange [...]

US Mint Sales: Gold Mercury Dime Retreats Further

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US Mint Sales: Gold Mercury Dime Retreats FurtherThe U.S. Mint took a break from product launches last week so its latest sales report is kind of same ol' same ol' -- even down to the agency's best-sellers with 8 of the top 10 the same as a week earlier.

This week's report does show a third straight sales regression for the 2016-W Mercury Dime Centennial Gold Coin [...]

Gold Edges Higher for Third Session, Logs 1-1/2 Week High

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Gold Edges Higher for Third Session, Logs 1-1/2 Week HighPrecious metals futures changed mostly modestly Tuesday. Silver was the biggest percentage gainer, rising about 0.6%. Gold claimed a third straight session increase, closing near a 1-1/2 week high.

Gold for June delivery rose $2.70, or 0.2%, to settle at $1,276.90 an ounce on the Comex division of the New York Mercantile Exchange [...]

2016 Gerald R. Ford $1 Coin Cover

2016 Gerald R. Ford $1 Coin Cover Available

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2016 Gerald R. Ford $1 Coin CoverToday, May 17, the United States Mint released its latest coin cover that includes two circulating-quality dollars featuring Gerald R. Ford.

Limited to 20,000 and priced at $19.95, this product for collectors is the 38th and second-to-last release in the American Presidency $1 Coin Cover Series [...]

2016 $2 Single Note Collection

2016 $2 Single Note Collection Includes Two Banknotes

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2016 $2 Single Note Collection Includes Two BanknotesMinutes ago, the Bureau of Engraving and Printing (BEP) started selling its latest and always popular annual product for money collectors, the 2016 $2 Single Note Collection. It features two banknotes with serial numbers beginning with the year "2016."

Limited to 5,000 sets with an additional restriction of 25 sets per household, the collection includes [...]

1907 Saint-Gaudens High Relief $20 Gold Coin and Silver Medal Set

U.S. Mint Launches Saint-Gaudens Set, Final in Best of the Mint...

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Closing out the United States Mint's five-release Best of the Mint series, the 1907 Saint-Gaudens High Relief $20 Gold Coin and Silver Medal Set...