US Mint Sales: Debuting Products Lead but Silver Coins Impress
Debuting products led U.S. Mint sales but a number of silver coins and a few gold coins also appeared prominently on the sales charts.
Newly released 2012 U.S. Mint Uncirculated Coin Sets reached opening sales of 164,459 to lead all collector offerings last week. While other world mints would be thrilled to score such high sales [...]
Gold Advances 0.9% as Silver Gains 0.7%, US Coins Unchanged
Gold futures prices rose 0.9% Wednesday, recouping a portion of the losses logged in the previous session.
In a rarity of late, gold advanced despite a stronger U.S. dollar which had been driving prices lower. Gains in the yellow metal were attributed to bargain-hunting following Tuesday's more than $20 loss and on safe-haven buying as the European debt crisis churned world stocks [...]
US Mint Reduces Proof American Platinum Eagle Price Twice in May
Earlier Wednesday, May 30, 2012 the United States Mint reduced the price of its 2011-W Proof American Platinum Eagle in response to a sustained loss in the market value of platinum.
Dropping for the second time in May by an amount of $100, the Platinum Eagle went from a price of $1,792.00 to $1,692.00. It is the lowest pricing for the 2011-dated American Eagle since December [...]
First Cleveland $1 Coins Debut at 3.75M, Arthur $1 Mintages to...
Rolls, bags and boxes filled with $1 coins honoring Grover Cleveland's first term as President proved popular with collectors.
Buyers ordered 3,758,025 of the $1 coins between their launch on Friday, May 25, through to Monday, May 28. In terms of product options, $25 rolls from the Philadelphia Mint were most popular at 26,975 for a coin total of 674,365 [...]
2012 US Mint Set Sales Debut at 164,459
Sales of the newly released 2012 U.S. Mint Uncirculated Coin Set started quick last week, but failed to attain the debut levels of prior sets.
Released Monday, May 21, the 2012 Mint Set was the bureau's best-selling numismatic product of the week with unit sales of 164,459. That equates to nearly $4.6 million as pricing for each is $27.95.
The sales pace was 14.1% slower than the debut of last year's set. Yet, footnotes should [...]
In The Lead – Rien Ne Va Plus
Gold's worst price run since 1999 continued as the abbreviated trading week got underway and unfolded in New York on Tuesday.
The now three month-old downtrend in prices saw the yellow metal touch bid levels under the $1,550 mark during the Tuesday early afternoon hours as the euro finally caved under renewed selling pressure and flared-up eurozone anxieties and breached the pivotal $1.25 level [...]
El Yunque National Forest 5 Oz Silver Uncirculated Coin Released
At noon Eastern Time today, the United States Mint began offering the 2012-P El Yunque National Forest Five Ounce Silver Uncirculated Coin for $204.95, the same price as the 2011-dated issues that are still available. This latest collector piece honors the national forest located in Puerto Rico.
The new strike marks the eleventh in the America the Beautiful Five Ounce Silver Uncirculated Coin series and the first 2012-dated one this year [...]
Gold and Silver Drop, US Silver Coins Top Prior 3 Months
Gold prices declined Tuesday following the U.S. holiday-extended weekend and after two straight session increases.
The yellow metal gave back all but 30 cents of those prior-day gains as the U.S. dollar rallied Tuesday after credit agency Egan-Jones downgraded Spain's debt [...]
Star-Spangled Banner Bicentennial Silver Dollar Set Introduced
Official details have emerged for the 2012 Star-Spangled Banner Bicentennial Silver Dollar Set. The U.S. Mint late Friday afternoon published a press release about the set and made its online product page live.
Launching on Friday, June 1, 2012, the Star-Spangled Banner Bicentennial Silver Dollar Set will go on sale for a price of $53.95, have a household ordering limit of 100 and an overall product limit of 50,000. Included in the set are [...]
Gold, Silver Down on Week, US Silver Eagle Coins Top 14M
Gold advanced for a second straight day Friday but those gains stacked smaller against three days of prior losses and prices resultantly ended 1.4% lower this week.
Gold was pressured most of the week by the U.S. dollar which strengthened as concerns grew over Greece possibly leaving the European Union. [...]
