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“Cents and Sensibility” Act reintroduced, aims to convert U.S. coinage entirely to steel composition

April 25, 2017 in Blogs, Circulating Coins, Coins, Legal, Legislation, Money, News, Numismatica, Numismatics, Pennies, US Government, US Mint, USA Coins

By: Mint News Blog Mint News Blog (http://mintnewsblog.com)

1943-D over D steel cent. (Photo courtesy of Stack's Bowers Galleries)

1943-D over D steel cent. (Photo courtesy of Stack’s Bowers Galleries)

 

On April 6, Representative Steve Stivers (R-OH) reintroduced the Cents and Sensibility Act (H.R. 2067), which proposes “to save the American taxpayers money by immediately altering the metallic composition of the one-cent, five-cent, dime, and quarter-dollar coins, and for other purposes.”

Cosponsored by Rep. Joyce Beatty (D-OH) and Rep. Pat Tiberi (R-OH), the act is further described in a press release as “bipartisan legislation [that] lowers the cost of producing pennies, nickels, dimes, and quarters by ensuring they are minted with steel instead of minerals imported from outside the United… Full article at the source>

Source: Mint News Blog (http://mintnewsblog.com)

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2016 America the Beautiful Quarters Circulating Coin Set Available November 22

November 4, 2016 in Blogs, Circulating Coins, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Education, Fun, History, New Releases, News, Numismatica, Numismatics, Offers, Quarters, US Mint, USA Coins

By: Mint News Blog (http://mintnewsblog.com)

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While higher-end collectors and investors mull the effects of today’s jobs report on gold prices—or of increases in Chinese manufacturing on silver prices, or of Tuesday’s election results on, well, just about everything—bread-and-butter collectors are eyeing humbler targets. On November 22 the Mint will release the America the Beautiful Quarters 2016 Circulating Coin set.

With the price of the Walking Liberty Half Dollar Centennial likely to be $915.00 or higher, the idea of a $5.95 product offering is somewhat refreshing. The coins have no bullion value and no particular numismatic value, barring the luck of an error coin slipping into Full article at the source>

Source: Mint News Blog (http://mintnewsblog.com)

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U.S. Mint 2016 Birth Set and Happy Birthday Coin Set

January 3, 2016 in Blogs, Circulating Coins, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, New Releases, News, Numismatica, Numismatics, Offers, Proof Coins, US Mint, USA Coins

By: Mint News Blog Mint News Blog (http://mintnewsblog.com)

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At noon on Wednesday, January 6, the U.S. Mint will issue its first two releases of the new year: the 2016 Birth Set and the 2016 Happy Birthday Coin Set. While these items are packaged as gifts to be handed out on the occasion of a birth or a birthday, they provide the first opportunities for collectors to obtain Proof versions of 2016 circulating coins.

The 2016 Birth Set contains the following five Proof coins, minted in San Francisco:

  • 2016-S Proof Lincoln Cent;
  • 2016-S Proof… Full article at the source>Source: Mint News Blog (http://mintnewsblog.com)
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2015 American Eagle One Ounce Platinum Proof Coin

November 25, 2015 in Blogs, Coins, Coins for sale, Collecting, Collector Sets, New Releases, News, Numismatica, Numismatics, Platinum, Platinum Coins, Precious Metals, Press Releases, Proof Coins, US Mint, USA Coins

By: Mint News Blog Mint News Blog (http://mintnewsblog.com)

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The U.S. Mint has given us a bit of a surprise as we head into the Thanksgiving holiday: the 2015 American Eagle One Ounce Platinum Proof Coin will be released this year after all, just eight days from now on December 3. The item’s mintage and order limits are set relatively low at 4,000 pieces and 1 per household, respectively, and its price is currently set at $1,250.

As noted previously, the designs for 2015 and 2016 Platinum Eagle Proof reverses have been given the theme of “Torches of Freedom,” and will each feature a depiction… Full article at the source>

Source: Mint News Blog (http://mintnewsblog.com)

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An Update on U.S. Mint Sold Out and Unavailable Products

November 21, 2015 in Blogs, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Gold, Gold Bullion, Gold Coins, Gold Eagles, Investing, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

By: Mint News Blog Mint News Blog (http://mintnewsblog.com)

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2015 American Eagle One-Quarter Ounce Gold Proof Coin.

While compiling the latest U.S. Mint sales report earlier this week, I noticed that a few 2015 Presidential $1 products had unexpectedly slipped into “Sold Out” status and wondered what other items had run low on inventory without my noticing. I then went through all of the products listed on the current sales report to confirm their status, and compiled the following chart.

The table below lists all “Sold Out,” “Unavailable,” and “Back Order” U.S. Mint products currently (or very recently) included on the Mint’s weekly selected cumulative sales report. Items on… Full article at the source>

Source: Mint News Blog (http://mintnewsblog.com)

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A Look at Cumulative U.S. Mint Bullion Sales

October 21, 2015 in Blogs, Bullion, Coins, Coins for sale, Collecting, Gold, Gold Bullion, Gold Coins, Gold Eagles, Investing, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

By: Mint News Blog Mint News Blog (http://mintnewsblog.com)

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With the price of gold trending upward and the most recent U.S. Mint sales report showing a jump in sales for many gold collector coins, it seems like a good time to take a look at some of the Mint’s bullion sales figures.

American Eagle silver bullion coins have been selling in the ballpark of a million coins per week lately, which belies the fact that access to these coins has been limited for months under the Mint’s allocation program. Even with planchets in short supply and distribution restrictions in place, the Silver Eagle looks poised to leap past… Full article at the source>

Source: Mint News Blog (http://mintnewsblog.com)

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2015 American Silver Eagle Bullions Will Return July 27

July 22, 2015 in Blogs, Bullion, Coins, Coins for sale, Collecting, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

By: Mint News Blog (http://mintnewsblog.com)

2015-Silver-Eagle-Apmex-Merged

The United States Mint will resume sales of the 2015 American Silver Eagle bullion coin on July 27, according to Reuters. The coin sold nearly three million units on Jan. 12, the day of its release, a number that grew to 21,786,000 by the time sales were suspended on July 7. The nearly three-week hiatus, instated to allow the West Point Mint to catch up on production, has been longer than expected.

The 2015 American Silver Eagle bullion coin has been hugely popular, due in part to a renewed interest in silver as gold prices flounder. The coin can Full article at the source>

Source: Mint News Blog (http://mintnewsblog.com)

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Approved 2016-2018 Commemorative Coin Programs

June 1, 2015 in Blogs, Coins, Collecting, Collector Sets, Commemorative, News, Numismatica, Numismatics, US Government, US Mint, USA Coins

By: Mint News Blog Mint News Blog (http://mintnewsblog.com)

mark-twain-gold

To wrap up the recent series of articles on coin related legislation, I wanted to provide a final post summarizing the upcoming commemorative coin programs which have been approved by Congress and signed into law.

Commemorative coin programs are authorized by Acts of Congress. Typically, there are a fairly large number of bills introduced in Congress each year, but only a small number will become law. In order for a bill to become law, it must be passed by the House of Representatives and the Senate, then signed by the President. There are additional rules for coin bills which make… Full article at the source>

Source: Mint News Blog (http://mintnewsblog.com)

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