Commemorative Coins Reform Act Seeks Surcharge Ban to Private Entities
Legislation was introduced in both the House and the Senate on Friday, September 21, that would prohibit the payment of surcharges to private organizations or entities from the sale of U.S. Mint commemorative coins.
Instead, per the reform act, any net profit raised by the sale of these coins would be used to reduce the government's deficit. The bills, titled Commemorative Coins Reform Act of 2012 and numbered S. 3612 in the Senate and H.R. 6495 in the House, were referred to committee [...]
Gold, Silver and Other Precious Metals Start October Higher
Gold returned to a seven-month high in starting October and the new trading week after dovish monetary remarks from Chicago Federal Reserve president Charles Evans.
Gold prices for December delivery closed up $9.40, or 0.5%, to $1,783.30 an ounce on the Comex in New York. The settlement price was the highest since [...]
2012 American Eagle Gold, Silver Coins Spike in September Sales
Sales took off in September for 2012 American Eagle gold and silver coins, finalized figures from the U.S. Mint underscore.
Demand for the 26-year-old bullion series was the best since January -- ignited by September increases of 5.1% for gold and 10% for silver that capped a bullish quarter for precious metals and coins [...]
Gold, Silver Surge in Quarter, Sept. Sales of US Bullion Coins...
Gold retreated from a seven-month high Friday but still scored a quarterly 10.6% pick-up, its best quarter in more than two years.
Gold was not the lone commodity to rise during the July-September period. The precious metals complex was rowdy across-the-board with companion quarterly gains of over 25% for silver, nearly 15% for platinum and almost 10% for palladium [...]
Mark Twain Commemorative Coins Approved by Senate
Before the Senate adjourned for a recess that will last until after the November elections, H.R. 2453, the Mark Twain Commemorative Coin Act, was approved with amendments by Unanimous Consent.
With that, the amended bill will need a nod from the House and a signature from the President and commemorative coins honoring Mark Twain will be issued in 2016 [...]
US Mint Tweaks Its Website
The United States Mint overnight rolled out another series of tweaks to its website at www.usmint.gov. The most visible changes appear within the pages of its online store.
Featured U.S. Mint products and new announcements are shown front and center. This page currently includes an announcement about the improvements the U.S. Mint is making [...]
Gold Rebounds to 7-Month High, Silver Surges, US Coins Advance
Gold rebounded from a two-week low on Wednesday to a seven-month high on Thursday as buying sparked from news of austerity steps in Spain and hopes for new stimulus measures in China.
Gold prices for December delivery rallied $26.90, or 1.5%, to $1,780.50 an ounce on the Comex in New York -- the biggest gain since September 13. The settlement price was the highest since [...]
Gold Settles at Two-Week Low, Silver Near Unchanged
Gold closed at a two-week low Wednesday, pressured by a stronger U.S. dollar and general weakness in commodities.
Gold prices for December delivery declined $12.80, or 0.7%, to settle at $1,753.60 an ounce on the Comex in New York. The settlement price was the lowest since gold closed at $1,733.70 an ounce on September 12 [...]














