Gold Nearly Flat, US Mint Bullion Sales Rise
Gold ended barely lower Tuesday, trading within a narrow $15 range. Still, its loss was the third in four sessions.
Silver for December delivery added 5.7 cents, or 0.3%, to settle at $22.44 an ounce. The precious metal traded [...]
New US $100 Bills Enter Circulation
Occurring just shy of two years and eight months after they were initially expected, the new $100 Federal Reserve Note was released into circulation today, October 8, 2013. The Federal Reserve Bank system is now shipping the notes to financial institutions.
These new $100 bills feature several security enhancements that [...]
Photo Walkthrough of U.S. Mint at Philadelphia
It was definitely an unforgettable experience, the Philadelphia Mint tours, per Mike and Darrin Unser of CoinNews.net. From the beginning to then end, there was something exciting happening, and the guys caught it on camera.
They dished about everything they could, enough so that they were able to publish seven unique articles that described their eye-witness account. Darrin and Mike offer some final thoughts, and then the photos they've taken follow [...]
Gold, Silver Gain on Safe-Haven Demand; US Bullion Sales Up
Gold and silver futures closed higher Monday for the first time since Wednesday. Their gains were attributed to stronger safe-haven demand as the U.S. government shutdown continued and as concerns grew over the debt ceiling gridlock.
Gold for December delivery finished up $15.20, or 1.2%, to $1,325.10 an ounce on the [...]
Gold, Silver Fall on Week; US Mint Bullion Sales Steady
Gold and silver prices fell for the fourth time in five sessions Friday, deepening weekly losses that totaled 2.2% for gold and 0.4% for silver. The decline for gold snaps a two-week winning streak.
Sales levels for United States Mint bullion coins were nearly the same as a week ago [...]
How the Philadelphia Mint Polishes Dies to Make Proof Coins
Technology plays a huge role in producing coins at all United States Mint facilities. It's complimented with a group of people dedicated to make it all happen, with some of them adding their own personal touch to the process.
Enter Alberto Morell, one of the Philadelphia Mint's buffer-polishers. He manually polishes dies that are used in the making of proof coins for collectors [...]
Gold Dips 0.2%, Silver Slides 0.5%
Precious metals on Thursday ended lower for the third time in four sessions. Losses in gold and silver were modest compared to those for platinum and palladium.
Gold for December delivery shed $3.10, or 0.2%, to finish at $1,317.60 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Government Prints 1.18 Billion Banknotes in September 2013
The U.S. government printed more banknotes in September than in August, marking a fourth consecutive monthly increase, according to newly released figures from the agency responsible for manufacturing American currency.
At more than 1.18 billion notes worth over $65.7 billion, both the [...]
US Mint Sales: Core Products Slow
There's not a lot to talk about with the latest round of U.S. Mint sales data, and that's really the story. Demand dipped for almost all major products to include sets, Silver Eagles and commemorative coins.
When looking at the range of annual coin sets in clad and silver and in proof and uncirculated, just one logged higher week-over-week sales. And it was [...]
Precious Metals Rebound, Snapping Two-Session Losing Streak
Precious metals advanced for the first time in three sessions Wednesday, though only silver climbed for more than it lost in the past two days.
Nearly every product and size option in U.S. Mint gold coins advanced Wednesday. Silver coins were muted after every one of them gained [...]
