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US Mint Sales: ATB 5 Ounce Silver Coins Sell Faster

As the market price of silver moved higher, some collectors shifted their focus to the United States Mint’s numismatic silver products, particularly those which recently had their prices decreased. This was evidenced by the numbers in the latest weekly US Mint numismatic product sales report.

The United States Mint offers numismatic versions of the . . . → Read More: click here to continue

Senate Bill Seeks Baseball Hall of Fame Commemorative Coins

On January 26, 2012, a bill was introduced in the Senate seeking to require commemorative coins to be minted and issued in recognition and celebration of the National Baseball Hall of Fame.

A similar bill had been introduced in the House of Representatives on July 14, 2011. This previous bill has 296 cosponsors and . . . → Read More: click here to continue

Rare Error Coins: Coin collecting a very expensive hobby?

Coin collecting

Rare Error Coins page >>>>>>

I suppose to write about the BNM Online shop petition today but a comment by my fellow blogger, get my attention; “coin collecting a very expensive hobby?” In my opinion, it depends on what you collect. Sometime, you don’t need to waste a single cent from . . . → Read More: click here to continue

January 30, 2012: $1 Coin Direct Ship Program, Baseball Hall of Fame Coins, Silver Bullion Sales

Welcome to Coin Update!

We’re back with another fresh round up of coin collecting news and articles from around the internet! First, the US Mint has removed product listings for the $ 1 coin direct ship offerings, possibly signaling an end to the program. Also, steel cents and nickels, articles on the proposed Baseball . . . → Read More: click here to continue

Gold Dips Slightly, Bullion Silver Eagles Top 6 Million

Fine Gold Bars

Gold prices fell modestly Monday as the U.S. dollar emerged stronger, triggering a bit of profit-taking following sharp gains last week.

"People are in a risk-off mode today," Rick Trotman, a senior research analyst at MLV & Co. in New York, said in a telephone interview cited on Businessweek. "The dollar’s strength is acting . . . → Read More: click here to continue

2012 Chinese Panda Silver Coins Released

China Gold Coin Incorporation and the Shenzhen Guobao Mint — both branches of the People’s Bank of China — have released three commemorative 2012 Chinese Panda Silver Coins. The coins are each composed of .999 fine silver and have reverse designs featuring a mother panda and her cub. The three coins are all legal . . . → Read More: click here to continue

In The Lead – Graeco-Teutonic Wrestling

Precious Metals Commentary

http://www.kitco.com/

Practically every news poll conducted over the past few days concluded that Greece and its private creditors might reach an agreement this week (perhaps even today) and that following such a handshake between the parties the country would commence discussions for a second, 145 billion euro-large bailout. Alas, things ran into a bit . . . → Read More: click here to continue

US Mint Raises Prices on Numismatic Gold Eagles and First Spouse Gold Coins

2011 Proof American Gold Eagle

Once again United States Mint prices moved higher for numismatic Gold Eagles, the Gold Buffalo and First Spouse Gold Coins. The Mint increased their prices on Wednesday, January 25, as a result of the upward trend on the London Fix, the market indicator in the Mint’s pricing policy.

Only collector coins containing . . . → Read More: click here to continue

Series 2009 $10 Uncut Currency Sheets Available from BEP

Series 2009 10 Uncut Currency Sheet

Series 2009 10 Uncut Currency Sheet

The Bureau of Engraving and Printing (BEP) on Tuesday, January 24, 2012, made available Series 2009 $ 10 Uncut Currency Sheets. [...]Read the rest of Series 2009 $ 10 Uncut Currency Sheets Available from BEP (213 words)

© CoinNews Media Group LLC, 2012. Read more coin news at . . . → Read More: click here to continue

2010-2012 America the Beautiful Quarters Proof Sets Starting Sales

Another round of United States Mint weekly sales figures uncovered the debut performance of the 2012 America the Beautiful Quarters Proof Set. The annual set is the third in the series to feature clad proof versions of America the Beautiful Quarters®. [...]Read the rest of 2010-2012 America the Beautiful Quarters Proof Sets Starting Sales (533 . . . → Read More: click here to continue

Gold Up 4.1% in Weekly Gain as Silver Rises 6.7%, but Bullion Coins Dip

Fine Gold Bars

Gold prices advanced in four of five days this week. Three were surging increases which propelled the yellow metal to its best weekly pick-up of the year with a gain of $ 68.20, or 4.1%.

Gold settled mildly higher Friday to extend a winning streak that began on Wednesday when the Federal Reserve pledged . . . → Read More: click here to continue

Gold Prices Rally Above $1700 as Silver Soars Over $33

Fine Gold Bars

Gold prices had been pressured by strength in the U.S. dollar during most of Wednesday until the Fed released forecasts indicating it is likely to maintain "a highly accommodative stance for monetary policy" and that U.S. economic conditions are "likely to warrant exceptionally low levels for the federal funds rate at least through late . . . → Read More: click here to continue

In The Lead – Promissory Notes

Precious Metals Commentary

http://www.kitco.com/

Momentum players pulled the "buy" trigger on precious and base metals, along with crude oil and equities, yesterday afternoon, after they concluded that the Fed’s offer to not hike interest rates until late 2014 was tantamount to a fresh QE program. [...]Read the rest of In The Lead – Promissory Notes (1,195 words)

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

2011 America the Beautiful Quarters Mintages

The America the Beautiful Quarters Program recently completed its second year of release, with five different designs representing National Parks or sites of America. The total mintage across the five designs rose compared to the previous year, although the increase was only attributable to a jump in production for the final design of the . . . → Read More: click here to continue

Interview with Chris Salmon, Chief Cashier of the Bank of England

On the occasion of the Bank of England’s launch of the new £50 banknote in November 2011, Michael Alexander of the London Banknote and Monetary Research Centre speaks to Chris Salmon, Chief Cashier, about the process of adding a second note to the “F” series.

“I Promise to pay the Bearer on demand the . . . → Read More: click here to continue