US Mint Sales: Bullion Gold Coins Surge, Silver Quarters Sell Out
The latest U.S. Mint sales figures show greater demand for bullion gold coins, clad sets and silver sets. On the other hand, bullion silver coins cooled slightly, as did interest in proof gold.
The 2009 DC & US Silver Quarters Proof Set has been a topic of interest in the last two Mint reports. 30-year high silver prices lifted the set's melt value to an all-time high of over $26, making the Mint's $29.95 price point a bargain [...]
Gold, Silver, Metal Prices Commentary – October 28, 2010
More see-sawing was on display in overnight equities and commodities markets as pre-Fed calculations and sentiment extended the ebb and flow of the US dollar's movements on the index, which, in turn, shaped corresponding gyrations in other assets.
Clearly, the closer we get to the middle of next week, the more the markets and a plethora of economists are reassessing the scale and scope of the Fed's expected spending move [...]
Gold Falls Toward $1320, Silver Drops 1.8%
Markets shifted mostly lower Wednesday as speculation was abound that monetary easing measures by the Fed to boost the economy might be less than first expected or gradual in nature. The news propped the U.S. dollar, which further pressured gold and other commodities. The yellow metal fell 1.2 percent and to its lowest level in three weeks. Silver and platinum retreated further, falling 1.8 and 1.5 percent, respectively [...]
Abraham Lincoln Presidential Dollar Ceremony on November 19
Coin collectors and admirers of the 16th President of the United States will have one more chance to attend a release ceremony for a coin dedicated to the man as the U.S. Mint plans to hold a public launch for the Abraham Lincoln Presidential $1 Coin on November 19, 2010.
The public invited ceremony will be held at President Lincoln's Cottage on the grounds of the Armed Forces Retirement Home in Washington, D.C. beginning at 10 AM (Eastern) [...]
Gold, Silver, Metal Prices Commentary – October 27, 2010
Additional gains recorded overnight brought the US dollar very near the 78 mark on the trade-weighted index and contributed to a fresh dip in gold prices down to the $1,326.00 level. Crude oil felt the rising dollar-induced selling heat as well, losing nearly $1 to fall to $81.72 per barrel.
Much of what was seen overnight was due to rising apprehensions related to next Tuesday's Fed meeting [...]
Gold Little Changed, Silver Rises 1.2%
Gold, oil and stocks were mostly unchanged on Tuesday. Gold fell early as a stronger U.S. dollar pressured prices, but the yellow metal reclaimed losses as investors bought on dips. Gold declined 30 cents for the day.
The biggest gainers in precious metals were silver and palladium, with respective increases of 1.2 and 2.7 percent [...]
Royal Canadian Mint Launches Final 2010 Collector Coins
Collectors from Canada and around the world can thank the Royal Canadian Mint for a bumper crop of new and exciting collector coins as the fall weather cools and the shopping season heats up.
"The Royal Canadian Mint is pleased to offer products which appeal to traditional collectors as well as encourage new customers to experience the pleasure of owning exquisitely crafted coins with meaningful themes," said Ian E. Bennett, President and CEO of the Royal Canadian Mint. [...]
Gold, Silver, Metal Prices Commentary – October 26, 2010
An overnight stabilization in the US dollar (back up to 77.50 on the index) brought gold sellers out of Monday's temporary 'hiding' and the yellow metal sank by over $12 to just above the $1,328.00 mark during the period.
The combined gold holdings in exchange-traded products declined for a seventh consecutive day while similar balances in silver-oriented funds fell for the first time in three weeks [...]
Designs Revealed for 2011 Coins Commemorating Medal of Honor Anniversary
In 2011, the United States Mint has been authorized by Public Law 111-91 to issue commemorative silver and gold coins to celebrate the 150th anniversary of the Medal of Honor.
The Medal of Honor for individual valor was proposed by Iowa Senator James W. Grimes in 1861 and signed into law by President Abraham Lincoln on December 21, 1861. [...]
Gold, Silver, Metal Prices Commentary – October 25, 2010
Even as they pledged to refrain from further weakening their respective currencies, finance ministers from the Group of 20 exhibited plenty of sour expressions when it came to the post-meeting photo-ops. Thus, while the essence of the communiqué serves as a tension-reducer, the indirect criticisms that were leveled upon Mr. Bernanke's Fed were hard to miss [...]
