2012 Proof American Gold Eagle Coins Reach $8.2M in Sales Debut
Debuting sales figures are in for the five 2012 Proof American Gold Eagle products. Between the Gold Eagles' release on Thursday, April 19, and through to Monday, April 23, the United States Mint registered total sales of $8,245,152.00.
The tally is a bit underwhelming when contrasted against last week's reported proof Silver Eagle sales debut of nearly $18 million or, for that matter, when compared against the opening sales of last year's 2011 Proof American Gold Eagle coins which hit more than $27.7 million or the 2010-dated issues which topped $43.3 million [...]
In The Lead – There’s Gold (and Platinum Galore) in Them...
If it's Wednesday, it must be...Fedsday. The markets opened flatter than a griddle cake this morning as everyone opted to remain in suspended animation ahead of the non-event that the Fed's statement will likely turn out to be in the opinion of many. Spot gold treaded water at the $1,640 mark while spot silver tried to cling to the $31 level per ounce.
Gold's last/best chance to try for the $1,650 target ahead of the Fed today comes from a lower-than-expected US durable goods orders figure and the flicker of a QE3 hope that such a metric might give rise to among speculators [...]
US Mint and NPS to Hold Chaco Culture Quarter Ceremony
A special ceremony will be held Thursday, April 26, to officially unveil the Chaco Culture National Historical Park Quarter to the public. The second 2012 America the Beautiful Quarter honors the national park located in northwestern New Mexico.
Already released into circulation on April 2 with U.S. Mint bags and rolls of the coins issued on the same day, the release ceremony for the Chaco Culture Quarter provides the traditional environment where officials from the United States Mint and National Park Service can explain the history of the park and how the new coins will honor it for all-time [...]
US Mint May Cut Gold Eagles, Other Numismatic Coin Prices
There is a chance that the United States Mint will reduce numismatic gold coin prices on Wednesday, if the trend of gold prices on the London Fix continues to ride under the $1,650 per ounce marker.
The U.S. Mint uses a London Fix weekly gold average to determine whether to keep gold coin prices the same or adjust them up or down. The average is calculated from the Thursday AM Fix through to the Wednesday AM Fix, and then it is compared against the Mint's pre-set coin price grid [...]
Gold, Silver Prices Rebound 0.7%, US Coins Unchanged
Gold and silver prices each rebounded 0.7% Tuesday after gold settled in the previous session its lowest level in more than two weeks and silver plummeted by 3.5%. Gains were attributed to a weakened U.S. dollar.
"News of some stability in Europe is pushing the dollar lower," Sterling Smith, a market analyst at Country Hedging in St. Paul, Minnesota, said in a telephone interview that was cited on Bloomberg. "People are willing to consider riskier assets today."
Gold prices for June delivery went up $11.20 to $1,643.80 an ounce on the Comex in New York [...]
Titanic Survivor’s 1899 $1 Bill Certified by PCGS Currency
The 1899 $1 Silver Certificate a survivor of the S.S. Titanic had in his pocket a century ago when he was rescued from the Atlantic Ocean, and then was later inscribed by him, has been certified by PCGS Currency.
"Given all of the anticipation of the 100th anniversary of the sinking of the Titanic and with news coverage of it nearly everywhere, it would be an understatement to describe our anticipation of seeing this note as tremendous," said Laura A. Kessler, Vice President of PCGS Currency.
The dollar bill was carried by 50-year old August (Augustus) H. Weikman of Palmyra, New Jersey, a barber on the ship, who was [...]
2012 Presidential Dollar Proof Set Available
On Tuesday, April 24, 2012, the United States Mint released the 2012 Presidential $1 Coin Proof Set™ for $18.95, a savings of $1 compared to the prior year issue.
The annual Presidential Dollar Proof Set was introduced in 2007. The sixth roll out features the four 2012 Presidential $1 Coins with obverse portraits of Chester Arthur, Grover Cleveland (first term), Benjamin Harrison, and Grover Cleveland (second term) [...]
Annual 2012 America the Beautiful Quarters Uncirculated Sets Available
Today, April 24, the United States Mint began selling 2012 America the Beautiful Quarters Uncirculated Sets. The annual set has a new price of $12.95, plus shipping and handling.
It is the third year for the uncirculated sets, and this year the price is $9 lower than the two older sets which remain for sale at $21.95 each. This year's savings is attributed to the U.S. Mint's refined product costing process and lower negotiated prices with suppliers [...]
2012 First Spouse Gold Coin Designs Revealed
In addition to preparing for several new product launches this week, the United States Mint on Monday announced the designs for the upcoming 2012 First Spouse Gold Coins -- their release dates have yet to be published.
This year's one-half ounce, 24-karat gold coins will honor and feature Alice Paul and the suffrage movement, Frances Cleveland (first term), Caroline Harrison and Frances Cleveland (second term) [...]
Gold Prices Drop to 2-Week Low, US Bullion Coin Sales Rebound
Gold prices declined 0.6% and to a more than two-week low on Monday as a stronger U.S. dollar curbed the appeal of precious metals.
"There is gloom and people want to move into cash," Frank McGhee, the head dealer at Integrated Brokerage Services LLC in Chicago, said in a telephone interview that was relayed on Bloomberg.
Gold prices for June delivery fell $10.20 to $1,632.60 an ounce on the Comex in New York. The settlement price was the lowest since [...]
