US Mint Increases Prices for Three Silver Products
A review by the United States Mint on the pricing of its products containing silver is apparently complete, the end result of which is an increase in the price for three of its silver products.
The review was undertaken earlier this month when the silver market attained record levels not seen in thirty-one years -- at times reaching well over $36 an ounce.
The precious metal has been progressively rising for the most part since [...]
Supreme Court: ‘In God We Trust’ Motto Remains on Coins and...
The "In God We Trust" motto seen on American coins and currency survived another legal challenge brought about by those seeking its removal.
On Monday, March 7, the United States Supreme Court denied a petition to hear the matter on the inclusion of "In God We Trust" on American money, leaving a lower court's ruling in place stating it could remain [...]
Black Swan Dive – Friday Kitcommentary
Spot gold prices moved over a fairly broad $1,409 - $1,425 price range this morning, while spot silver quotes ran across a 75-cent price channel (from $34.69 to $35.44) and the white metal was also seen as being buffeted by volatility and nervousness. Resistance in gold extends from near the $1,425 level up to the $1435 area at the moment.
The solid gainers on the day were platinum and palladium, each of which recorded $18 rises (1 and 2 percent, respectively) and climbed to highs at [...]
Gold Returns Above $1400, Silver Dips
U.S. gold prices climbed for a second day and returned to above $1,400 an ounce on Thursday, but silver failed to extend its gains from Wednesday and reached as low as $33.64 an ounce.
April gold prices added $8.10, or 0.6 percent, to settle at $1,404.20 an ounce on the Comex in New York. Gold had not closed above $1,400 since Monday. It traded as low as [...]
US Mint Releases 2011 America the Beautiful Quarters Proof Set
The United States Mint made the 2011 America the Beautiful Quarters Proof Set available today, March 17, 2011 at noon ET for $14.95, plus shipping and handling.
The annual set is priced exactly the same as the 2010 and 2009 releases, although the 2009 set did contain an extra quarter. The 2011 proof set contains five quarter-dollars, each with unique reverse designs to honor national sites of the United States [...]
Stimulation Acclamation – Thursday Kitcommentary
Precious metals prices opened amid mixed price trends this morning, reflecting on-going uncertainty and unease in all markets in the wake of the emergent Japanese nuclear plant crisis. Spot gold dealings got off to a rocky start, despite a sizeable slide in the US dollar on the trade-weighted index overnight.
The fact that gold was struggling just to maintain the $1,400 level at a time when -- given such epic crisis events -- it would have been expected to be challenging price targets fully $100 higher, did not [...]
2011 Gold Buffalo Bullion Coin Debuts
The United States Mint on Monday began selling the 2011 American Gold Buffalo Bullion Coin to its network of Authorized Purchasers (AP's).
The investment-grade coins entered the market during a time investors have been dumping stocks and commodities following the earthquake and nuclear crisis in Japan, making spectacular opening sales for the Buffalo pieces unlikely. That was in fact the case [...]
NGC Creates Special Label for Coins in Book: 100 Greatest U.S....
Numismatic Guaranty Corporation (NGC) has announced that they have created a special presentation label for coins featured in the book 100 Greatest U.S. Modern Coins.
This newly released book ranks the most important U.S. coins issued from 1964 to date. The attractive black and tan NGC label boldly shows a coin's rank adjacent to [...]
Gold Prices Rebound… Slightly, Silver Rises 1%
U.S. gold prices rebounded 0.2 percent Wednesday after having plunged 2.3 percent during the previous session. Silver enjoyed a healthier 1 percent increase after having plummeted 4.8 percent.
April gold prices rose $3.30 to end at $1,396.10 an ounce on the Comex in New York. Gold ranged between [...]
US Mint Sales: Collector Products Take Break, Investor Bullion Coins Improve
Coin collectors appear to have taken a spring break vacation as buying activity for American numismatic coins and sets retreated, according to the latest US Mint sales figures.
Several US Mint products actually declined from their previous tallies, indicating a batch of customer returns, cancellations or accounting updates [...]
