Coin Collecting News
Precious metals are currently showing declines from year ago levels, yet the United States Mint has recently implemented a series price increases for gold, silver, and platinum numismatic products. Collectors who may have been hoping to pick up lower priced numismatic coins following the pull back in precious metals will no doubt be dismayed by [...]
Based on the latest available figures, the United States Mint’s American Silver Eagle bullion coins have moved into record monthly sales territory. This occurs despite the fact that the coins have been suspended or unavailable for more than half of the month. Sales of the one ounce Silver Eagle bullion coins have now reached 7,130,000 [...]
Amidst a surge in demand, the Royal Canadian Mint has started rationing 2013 Silver Maple Leaf bullion coins at the primary distributor level. This follows the news earlier this month that the United States Mint had temporarily sold out of their 2013-dated silver bullion coins after receiving orders for more than 6 million coins and [...]
The Perth Mint has reported that wholesale demand for the 2013 Australian Kangaroo gold bullion coins has soared 35% above last year’s comparable sales. Including retail demand, combined sales of all 2013 Gold Kangaroos are up 40% over last year. Strong demand for the coin from both North America and Asia have contributed to the [...]
Some of the most popular modern collectible coins are the one ounce silver coins struck by various countries around the world. Generally struck in either circulation strike format or in a special format (such as proof or specimen strikings) more targeted towards collectors, these coins often feature distinctive and unique designs containing elements of the [...]
The Perth Mint of Australia has reported their latest monthly sales figures for gold and silver sold as coins and minted products. Both gold and silver showed a decline from the prior month, but remained well above lows reached earlier in the year. Monthly sales figures have only been reported since March 2012, so prior [...]
After years of surging demand, United States Mint precious metals sales have shown signs of weakness throughout 2012. During July, sales levels fell for both of the most popular offerings, the American Gold Eagle and American Silver Eagle. For each month for the year to date, monthly sales for these two programs have shown a [...]
During the month of June 2012, the United States Mint sold 70,000 ounces of gold bullion and 2,898,000 ounces of silver bullion across the various options. Compared to the prior month, the sales for gold were higher, while the sales for silver were slightly lower. Compared to the year ago period, both totals were lower. [...]
Sales of the United States Mint’s gold and silver bullion coins continue to lag the levels seen in the previous year. For every month for the year to date, sales of both American Gold Eagles and American Silver Eagles come in below the monthly sales level from the prior year. During April 2012, the US [...]
What Do Mining Strikes Mean for the Gold Price?
Now that the mining strikes in South Africa have largely finished, it’s a good time to take stock and look at what they mean not for the price of gold in the next few weeks, but for the next few years. These strikes show a weakness in gold miners even in regions traditionally hostile to [...]