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Perth Mint Uses Twitter to Announce World’s Largest Gold Coin

Earlier today, the Perth Mint of Australia used Twitter to announce a 1 tonne Gold Kangaroo coin. The 1 tonne weight is equal to 1,000 kilograms or 32,150.7466 troy ounces. Based on the current market price of gold, the coin has a value of more than US$ 55 million based on the gold content . . . → Read More: click here to continue

In The Lead – I Have A Yen [Or A Few Trillion] For You…

Precious Metals Commentary

http://www.kitco.com/

The second central bank currency market intervention in as many months sent the US dollar soaring and gold reeling overnight as market players rushed for various entry and exit doors to take advantage of the overt move. The selling of yen by the BoJ represented the third such event this year and it . . . → Read More: click here to continue

US Mint Offers 2011-P Glacier 5 oz. Silver Uncirculated Coins

On October 25, 2011, the United States Mint began accepting orders for the 2011-P Glacier National Park Five Ounce Silver Uncirculated Coin. This represents the seventh release for the five ounce silver numismatic series featuring the designs of the America the Beautiful Quarters Program.

The reverse design of the coin features a classic . . . → Read More: click here to continue

Novia Scotia Coat of Arms Featured on Latest Canadian Gold Crown

The Royal Canadian Mint have launched (27th October) their latest Gold crown within the Bi-annual “Coat of Arms” series. The eighth issue, this double Gold Crown features Canada’s oldest coat of arms, that of Nova Scotia.

One of the Maritime Provinces, Nova Scotia was granted its own coat of Arms by H.M. King . . . → Read More: click here to continue

U.S.S. Cruiser Olympia Silver Commemorative Coins Proposed

Legislation has been introduced in the United States House of Representatives seeking to direct the United States Mint to strike silver commemorative coins in honor of the U.S.S. Cruiser Olympia. Entitled the U.S.S. Cruiser Olympia Commemorative Coin Act, H.R. 3180, the proposed legislation would allow up to 500,000 $ 1 collector proof and uncirculated silver . . . → Read More: click here to continue

US Mint Receives Orders for All 100,000 25th Anniversary American Eagle Sets

Earlier today October 27, 2011 at 12:00 Noon ET, the United States Mint began sales of the hotly anticipated 25th Anniversary Silver Eagle Set. In approximately 4.5 hours, the Mint has apparently received customer orders for the entire maximum production limit. Orders are still being accepted for placement on a waiting list.

Each . . . → Read More: click here to continue

2011-P Glacier 5 Ounce Silver Uncirculated Coin Available

The United States Mint released its 2011-P Glacier National Park 5 Ounce Silver Uncirculated Coin on Tuesday, October 25, 2011 at 12:00 PM (noon) Eastern Time. The strike is the second one dated 2011 and the seventh collector issue in the America the Beautiful Five Ounce Silver Uncirculated Coins™ series. The Mint listed the Glacier . . . → Read More: click here to continue

House Passes Bill for Baseball HOF Coins

On October 26, 2011, the House of Representatives passed H.R. 2527, which calls for commemorative coins to be produced in recognition and celebration of the National Baseball Hall of Fame. The bill passed 416-3.

The bill was introduced earlier this year on July 14, 2011 by New York Congressman Richard Hanna. In order to . . . → Read More: click here to continue

House Passes National Baseball Hall of Fame Commemorative Coin Act

2009 International Year of Astronomy gold coin

The newly passed legislation suggests convex and concave shapes similar to the 2009 International Year of Astronomy coins by the Monnaie de Paris (French Mint). The Mint images above show the gold coin and its shape.

Commemorative coins celebrating the National Baseball Hall of Fame are one step closer to becoming reality.

. . . → Read More: click here to continue

In The Lead – Europhoric Men In Black

Precious Metals Commentary

http://www.kitco.com/

A wave of "Europhoria" swept over the markets overnight in the wake of the announcement of a deal to tackle that which ails some of the region’s countries and many of its banks. The day-long standoff that threatened to take on the characteristics of a Mexican one ended when banking representatives lost the . . . → Read More: click here to continue

American Silver Eagle 25th Anniversary Set Available

2011 American Silver Eagle Anniversary Set

The American Silver Eagle 25th Anniversary Set is now available from the United States Mint for $ 299.95, plus the standard shipping and handling fee of $ 4.95. The anniversary set, as expected, went on sale at Noon Eastern Time on Thursday, October 27, 2011.

The U.S. Mint American Silver Eagle 25th Anniversary . . . → Read More: click here to continue

2012 Infantry Solider Silver Dollar Designs Announced

Before a football game between the Fort Benning Doughboys and Columbus State University Cougars, the United States Mint and National Infantry Foundation unveiled the designs for the upcoming 2012 Infantry Solider Silver Dollar. A prototype of the coin was used by former Buffalo Bills head coach Marv Levy for the game’s coin toss.

The . . . → Read More: click here to continue

Gold, Silver Rise for Fifth Straight Day

Fine Gold Bars

Gold and silver futures marked a fifth straight day of gains Thursday, lifting the metals $ 134.80 and $ 4.83, respectively, since they last declined one week ago.

Gold prices rose $ 24.20, or 1.4 percent, to $ 1,747.70 an ounce in the December futures contract on the Comex in New York. Gold traded . . . → Read More: click here to continue

Waiting List for Silver Eagle 25th Anniversary Sets as Orders Maxed

2011 American Silver Eagle Anniversary Set

Having launched Thursday at noon ET, a stampede of orders maxed out all 100,000 of the available American Silver Eagle 25th Anniversary Sets in less than five hours.

The United States Mint placed a waiting list notice on the set’s online product page, stating: [...]Read the rest of Waiting List for Silver Eagle 25th . . . → Read More: click here to continue

October 28, 2011: Anniversary Set Sell Out, Infantry Solider Coin Designs, Coin Legislation

Welcome to Coin Update!

We’re back with another round up of coin collecting news and articles from around the internet! The United States Mint’s 25th Anniversary Silver Eagle Sets achieved a rapid sell out with ordering difficulties reported by many collectors. Also, designs for the 2012 Infantry Solider Silver Dollar, coin legislation moves forward, . . . → Read More: click here to continue