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Lack of leadership at the U.S. Mint

August 13, 2017 in Blogs, Coins, Collecting, History, Numismatica, Numismatics, Opinion, Politics, US Government, US Mint, USA Coins

By: Scott Barman Coin Collectors Blog (CoinsBlog.ws)

Following the sell out of the 225th Anniversary Enhanced Uncirculated Coin Set, a few readers asked if I was going to post a comment. I declined to let the rest of the industry have this discussion. I would rather have a discussion about a different issue related to the U.S. Mint: the lack of leadership. […]

Source: Coin Collectors Blog (CoinsBlog.ws)

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POLL: Are you interested in the remaining U.S. Mint special collectibles?

August 8, 2017 in Blogs, Coins, Collecting, Numismatica, Numismatics, Opinion, Reference, US Mint, USA Coins

By: Scott Barman Coin Collectors Blog (CoinsBlog.ws)

Not including the regular issues that will be sold by the U.S. Mint, the items left on their schedule is the American Liberty Four Silver Medal Set and the American Palladium Eagle. I previously discussed the Palladium Eagle. The American Liberty Four Silver Medal Set are four silver medals featuring the gold 225th Anniversary American […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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U.S. Mint sales report: Week ending July 16, 2017

July 20, 2017 in Coins, Collecting, Investing, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

By: Coin Update News.CoinUpdate.com (Coin Update News)

This report covers the week ending July 16, 2017. The Mint had one new release during this sales period: the 2017 America the Beautiful–Ozark National Scenic Riverways 5-ounce silver Uncirculated coin (17AL). Released on July 11, it handily took the number-one-seller spot on this week’s report, with 13,740 units sold. Among the 5-ounce ATB Uncirculated coins, however, it had one of the weakest opening-week showings ever.

The 2017 American Eagle 1-ounce platinum Proof coin (17EJ)—last week‘s best seller—tumbled to seventh place, but it remains an interesting item. Limited to a mintage of 10,000, the coin was released on July 6… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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U.S. Mint Releases 2016 Biennial Report to Congress

July 14, 2017 in US Mint

By: Sharon McPike United States Mint Press Releases/Public Statements

United States Of America Mint Logo

United States Of America Mint Logo

The United States Mint completed its 2016 Biennial Report to Congress in December 2016 on the research and development (R&D) of alternative metals for the nation’s circulating coins. This report is the third released under the Coin Modernization, Oversight, and… Full article at the source>

Source: United States Mint Press Releases/Public Statements

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America’s Native American dollar reaches for the stars in 2019

June 30, 2017 in Blogs, Coins, Collecting, Commemorative, Events, History, News, Numismatica, Numismatics, US Mint

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

On June 21, 2017, a quorum of the Citizens Coinage Advisory Committee met at United States Mint headquarters on 9th Street in Washington, D.C. We had a full day of meetings that started at 8:00 a.m. and wrapped up at 4:45 p.m., with a break for lunch on premises.

Among our agenda items was reviewing and discussing designs for the upcoming 2019 and 2020 Native American dollars. This coinage series was launched in 2009 to memorialize American Indians and, in the words of its authorizing legislation, “the important contributions made by Indian tribes and individual Native Americans in the development…Full article at the source>

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

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What’s Your Inspiration?

May 10, 2017 in Art, Coins, Collecting, Commemorative, Competition, Education, History, News, Numismatica, Numismatics, Press Releases, US Mint, USA Coins

By: Brian Martin United States Mint Press Releases/Public Statements

By Heather Sabharwal May 9, 2017 When it comes to coin design, inspiration can take many forms. From historical documentation to personal experiences, United States Mint artists draw upon many things to ultimately express the values, aspirations and shared heritage… Full article at the source>

Source: United States Mint Press Releases/Public Statements

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2017 palladium American Eagle design mock-ups revealed

March 17, 2017 in Blogs, Bullion, Coins, Collecting, Education, History, Investing, Numismatica, Numismatics, Palladium, Palladium Coins, Precious Metals, US Mint, USA Coins

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

Mockup of the proposed design for the 2017 palladium American Eagle coin. (U.S. Mint photo, via Coin World)

Mockup of the proposed design for the 2017 palladium American Eagle coin. (U.S. Mint photo, via Coin World)

In an article by Paul Gilkes, Coin World has shared U.S. Mint mock-ups (shown above) for the 2017 palladium bullion coins. The obverse is an exact and finely detailed rendering of the classic Winged Liberty dime obverse by Adolph A. Weinman. The word LIBERTY encircles the field above the effigy, while IN.GOD / WE.TRUST is placed in the lower left field, the designer’s initials in the lower right field, and the date, 2017, below Liberty’s neck. The matte gray… Full article at the source>

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

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How the Mint audits the nation’s deep-storage gold

March 1, 2017 in Blogs, Education, Gold, Gold Bullion, Gold Coins, History, Investing, Legal, Legislation, Numismatica, Numismatics, Opinion, Precious Metals, US Government, US Mint

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

Weighing-gold

The status of the U.S. gold reserves has long been a point of discussion, as all information on the subject is closely guarded by the Treasury. Although information on annual audits is available, the average person is unaware of it; and even those who know it exists generally don’t know where to find it. Couple these facts with the public’s widespread distrust of Congress and government agencies, and it’s no wonder that rumors about the nation’s gold supply have run rampant for decades. Nearly every coin and/or investment forum on the Internet, if you dig deeply enough, has hosted discussions Full article at the source>

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

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United States Mint awarded two top honors for Coin of the Year

February 8, 2017 in Awards, Blogs, Coins, Collecting, Commemorative, Competition, Conventions, Events, History, News, Numismatica, Numismatics, Prize Winners, US Mint, USA Coins

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

2015-United-States-COTY-Award-winning-coins

(Washington)—The United States recently earned top honors in two coin-design categories at the World Money Fair in Berlin, Germany. United States Mint officials accepted two Coin of the Year (COTY) Awards on behalf of the nation. The U.S. won in the category of Best Circulating Coin for its America the Beautiful Program quarter honoring Kisatchie National Forest, and in the category of Most Inspirational Coin for its March of Dimes silver dollar commemorative coin.

“The designers, sculptors, and engravers of the Mint comprise the very best talent in the numismatic industry,” said David Motl, acting principal deputy director of the Mint… Full article at the source>

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

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Memo to the U.S. Mint 2016

October 31, 2016 in Coins, Coins for sale, Collecting, Education, History, News, Numismatica, Numismatics, Opinion, US Government, US Mint, USA Coins

By: Louis Golino News.CoinUpdate.com (Coin Update News)

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Suggesting how the U.S. Mint can improve its operations and programs has emerged over the years as perhaps the most frequent topic of discussion among both numismatic commentators and collectors. Everyone has an opinion on how to make the Mint better—on how to make it more responsive to collectors’ interests; on how to make it more successful at achieving its multiple missions, which involve bullion, circulating, and numismatic coins, etc.; and on what coins it should issue and how they should be released.*

The October 13 U.S. Mint forum in Philadelphia brought together stakeholders from the collecting community, dealers, coin-grading companies,… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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The Final Verdict? U.S. Mint 225th Anniversary Design

September 21, 2016 in Coins, Collecting, Events, History, News, Numismatica, Numismatics, Platinum, Platinum Coins, Precious Metals, Proof Coins, US Mint, USA Coins

By: Coin Update News.CoinUpdate.com (Coin Update News)

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Last Friday (September 16), the Citizens Coinage Advisory Committee (CCAC) held its scheduled meeting at the United States Mint in Washington, D.C. On the agenda were the candidate designs for the 2018-2020 American Eagle Platinum Proof Program “Life, Liberty, and the Pursuit of Happiness,” as well as the election of jurors for the Breast Cancer Awareness Commemorative Coin Design Competition. Members of the public were invited to attend the open session of the meeting.

The closed, administrative portion of the meeting included a discussion of the Mint’s 225th anniversary coin, complete with the examination of a test strike. The final design… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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U.S. Mint Shares Design Candidates for 2018-2020 American Eagle Platinum Proof Coins

September 15, 2016 in Blogs, Coins, Design, Numismatica, Numismatics, Platinum, Platinum Coins, Precious Metals, 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 shared potential designs for its upcoming 2018, 2019, and 2020 American Eagle Platinum Proof coins. The designs will be discussed at the next Citizens Coinage Advisory Committee Meeting, scheduled to take place tomorrow, September 16. The candidates are included below with an introduction and descriptions provided by the Mint.

Since its inception in 1997, each American Eagle Platinum Proof Coin has shared a common obverse that features a portrait of Liberty. The reverse has been host to a variety of themed series (Vistas of Liberty, Preamble to the Constitution and Torches of Liberty)… Full article at the source>

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

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U.S. Mint Plans Coin Forum to Share Perspectives on Numismatic Hobby

September 3, 2016 in Coins, Collecting, Conventions, Education, Events, History, News, Numismatica, Numismatics, Press Releases, Seminars, US Government, US Mint, USA Coins

By: Coin Update News.CoinUpdate.com (Coin Update News)

United States Of America Mint Logo

United States Of America Mint Logo

The U.S. Mint has announced that it will hold a Numismatic Coin Forum in Philadelphia on Thursday, October 13. The one-day conference aims to prepare for the Mint’s upcoming 225th anniversary by bringing together various members of “stakeholder” organizations to discuss the past, present, and future of numismatics.

A press release notes that U.S. Mint Principal Deputy Director Rhett Jeppson said of the upcoming forum, “It seems only appropriate that, while we as a bureau are celebrating our history, the Mint is also looking for ways to improve the way we engage our customers and invigorate our relevance into the future.”… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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U.S. Mint Shares New Images of Standing Liberty Quarter Centennial Gold Coin

August 18, 2016 in Coins, Coins for sale, Collecting, Commemorative, Gold, Gold Coins, History, New Releases, News, Numismatica, Numismatics, Precious Metals, Quarters, US Mint, USA Coins

By: Coin Update News.CoinUpdate.com (Coin Update News)

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The U.S. Mint’s Web site now features official images of the 2016 Standing Liberty Quarter Centennial Gold Coin, which will become available on September 8. Production of the issue will be limited to 100,000 coins and a one-coin-per-household order limit has been established.

The price of the coin will be revealed closer to the item’s launch-date, since the Mint will appraise the value of the issue in accordance with the fluctuating market price of gold. The Mint’s full pricing chart for this year’s Centennial gold coins can be viewed here.

The Standing Liberty obverse… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Challenges, Opportunities, and Lessons Learned: The U.S. Mint’s Upcoming Palladium Program

July 13, 2016 in Books, Coins, Collecting, Education, History, News, Numismatica, Numismatics, Opinion, Palladium, Palladium Coins, US Government, US Mint, USA Coins

By: Dennis Tucker News.CoinUpdate.com (Coin Update News)

peacedesktopBOTH

The legislated motifs of the palladium coin: Adolph Weinman’s Winged Liberty dime obverse, and the reverse of the 1907 American Institute of Architects medal, also by Weinman.

The Citizens Coinage Advisory Committee is a public group established by Congress to advise the secretary of the Treasury on designs for U.S. coins and medals and similar areas of national concern. Recently I reported on the design-review process and the open-forum question-and-answer session of the Monday, June 27, meeting of the CCAC. This was an interesting and productive meeting that covered 2018 “National Park” quarters, Barack Obama’s presidential medals, and other… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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U.S. Mint Sales Report: 2016 Coin & Currency Set Debuts, No Change for Gold Mercury Dimes

June 22, 2016 in Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Currency, Dollar Coins, Education, Gold, Gold Bullion, Gold Coins, History, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

By: Dan Holmes News.CoinUpdate.com (Coin Update News)

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The U.S. Mint has shared its new sales report, giving us our first weekly total for the 2016 American $1 Coin and Currency Set. The set was released on June 16 and sold 21,149 units on its first day; orders submitted over the following three days totaled 3,348, bringing the overall total to 24,497 as of Sunday evening. The new Coin and Currency Set was easily the Mint’s highest-selling product of the week.

Also notable is the fact that the sales figure for the 2016 Mercury Dime Centennial Gold Coin did not see a negative correction for… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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U.S. Mint Sells 53K Cumberland Gap 5 oz. Silver Bullion Coins in Two Days

April 20, 2016 in Blogs, Coins, Coins for sale, Collecting, Commemorative, Education, History, New Releases, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, US Mint, USA Coins

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

2016-atb-quarters-five-ounce-silver-bullion-cuSMALLbeter

Yesterday, April 18, the U.S. Mint began accepting orders for 2016 Cumberland Gap 5 oz. silver bullion coins from its authorized purchasers. Now, after two days of availability, the issue has already sold 53,000 pieces, giving it the sixth-highest mintage ever for a 5 oz. America the Beautiful silver coin.

Considering that the Cumberland Gap 5 oz. coins were awarded an overall mintage limit of 150,000 pieces across bullion and Uncirculated strikes, it’s highly probable that the Mint will produce a lot more of these, especially as sales for the previous issue in the series — featuring Shawnee National… Full article at the source>

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

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CCAC Recommends Designs for Key 2017 Releases

March 17, 2016 in Coins, Collecting, Commemorative, Design, Education, Gold, Gold Coins, History, News, Numismatica, Numismatics, Platinum, Platinum Coins, Silver, Silver Coins, US Mint, USA Coins

By: Coin Update News.CoinUpdate.com (Coin Update News)

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The Citizens Coinage Advisory Committee met yesterday to consider a large group of images as possible obverse and reverse designs for the 2017 20th Anniversary American Eagle Platinum Proof Coin, the 2017 American Liberty High Relief Gold Coin and Silver Medal, and the 2017 Boys Town Centennial Commemorative Coin Program.

The committee’s recommendations are provided below, will brief descriptions based on a press release provided by the U.S. Mint. The Commission of Fine Arts will also review the design candidates on March 17 and put forward their own choices to be considered by the Treasury….

Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Up to 63,000 Gold Eagles Accidentally Struck in High Relief

March 16, 2016 in Bullion, Coin Errors, Coins, Coins for sale, Collecting, Errors, Gold, Gold Bullion, Gold Coins, Gold Eagles, History, News, Numismatica, Numismatics, Precious Metals, US Mint, USA Coins

By: Coin Update News.CoinUpdate.com (Coin Update News)

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The U.S. Mint has conceded that as many as 63,000 one-ounce American Eagle gold bullion coins were accidentally struck with high relief obverses, according to Coin World. The Mint is investigating the circumstances that led to the abnormality, which causes the coins to scrape against one another when stacked, as the rims were struck to the appropriate dimensions.

Coin World learned of the development through an anonymous tip, and Tom Jurkowsky, director of the Mint’s Office of Corporate Communications, subsequently disclosed the 63,000-coin estimate.

Some bullion shipments containing the high relief Gold Eagles went out to the Mint’s authorized purchasers, as confirmed Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Precious Metals Update: 1 Million More Silver Eagles, Gold Sees Modest Loss

March 14, 2016 in Coins, Gold, Gold Bullion, Gold Coins, Investing, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, US Mint, USA Coins

By: Coin Update News.CoinUpdate.com (Coin Update News)

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The U.S. Mint continues to sell millions of one-ounce American Eagle Silver Bullion Coins as fast as it can produce them. Authorized purchasers will have access to another one million coins this week, in keeping with the Mint’s newly established pattern of releasing allocated Silver Eagles in consistent quantities.

Even with the ongoing rationing of silver bullion, the Mint is on pace to have its biggest sales year ever for the commodity, and has already exceeded 25% of last year’s record-breaking total of 47 million ounces sold.

If gold’s current value holds steady, we could see an increase for the Mint’s gold… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Senate Committee to Hold Mint Director Hearing

March 11, 2016 in Collecting, News, Numismatica, Numismatics, US Government, US Mint, USA Coins

By: Coin Update News.CoinUpdate.com (Coin Update News)

rhett-jeppson

On Tuesday, March 15, the United States Senate Committee on Banking, Housing, and Urban Affairs will hold a hearing regarding the nomination of Matthew Rhett Jeppson for the position of Director of the U.S. Mint.

Rhett Jeppson joined the U.S. Mint as Principal Deputy Director in January of 2015, following an appointment as Acting Chief Operating Officer of the Small Business Administration. In July, President Obama declared his intention to nominate Jeppson as Director of the Mint, a position that has not been officially filled since the previous Director, Edmund C. Moy, vacated the post in 2011.

U.S. Mint Directors are appointed… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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U.S. Mint Running Low on Silver and Gold Numismatic Inventory

March 7, 2016 in Blogs, Bullion, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Gold, Gold Bullion, Gold Coins, 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)

sn1_aSMALL

The U.S. Mint is running low on inventory for the majority of its gold and silver numismatic products.

Seven of eight America the Beautiful five-ounce silver Uncirculated coins are currently listed as “Sold Out” or “Unavailable” on the Mint’s Web site, with only the 2015 Homestead National Monument issue — which had sold 21,123 of a possible 30,000 units as of Monday — in stock on the Mint’s Web site. The Shawnee 5 oz. Uncirculated Coin, released less than two weeks ago, became Unavailable on March 3.

As noted in the comments of the last post, the… Full article at the source>

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

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A Big Day for Bullion: Milestones for Shawnee and ASE’s

February 26, 2016 in Bullion, Coins, Coins for sale, Gold, Gold Bullion, Gold Coins, History, Investing, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

By: Dan Holmes News.CoinUpdate.com (Coin Update News)

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There have been some significant milestones for U.S. Mint bullion sales today. The Mint may be having trouble keeping some of its gold and Uncirculated collector coins in stock, but it’s had so such problems providing huge amounts of investor strikes to voracious authorized purchasers.

The Mint sold out this week’s allocation of 1,073,500 ounces of American Eagle Silver bullion coins today, bringing the overall total for 2016 to 10 million coins sold. Considering the fact that the all-time sales record for the issues reached 47,000,000 ounces last year, 10 million is an impressive total to reach… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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2016 Patricia Nixon First Spouse Gold Coin Images

February 12, 2016 in Blogs, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Gold, Gold Coins, History, New Releases, News, Numismatica, Numismatics, Offers, Precious Metals, Press Releases, Proof Coins, Uncirculated Coins, US Mint, USA Coins

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

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The U.S. Mint has posted images of the 2016 Patricia Nixon First Spouse Gold Proof and Uncirculated Coins ahead of next week’s product launch. The designs for all three of this year’s First Spouse coins were just revealed earlier this week, following a formal unveiling ceremony for issues featuring Ronald and Nancy Reagan.

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Patricia Nixon 2016 First Spouse Series One-Half Ounce Gold Proof Coin

 

As noted previously, the obverse of the Patricia Nixon coin was designed by Richard Masters and sculpted by… Full article at the source>

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

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U.S. Mint Breaks Record with 5th Coin of the Year Award

February 10, 2016 in Art, Awards, Blogs, Coin Shows, Coins, Collecting, Commemorative, Competition, Design, Half Dollars, News, Numismatica, Numismatics, Prize Winners, US Mint, USA Coins, World Records

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

clad-half-dollar

The 2014 Baseball Hall of Fame Commemorative half dollar won the top prize at the Coin of the Year (COTY) Awards last week at the World Money Fair in Berlin. This if the fifth time the U.S. Mint has brought home the accolade, surpassing Italy’s four wins to set a new world record.

A Mint press release points out that while the Baseball Hall of Fame $5 gold issue won a COTY for Best Gold Coin, the clad version ultimately took home the overall prize because of the increased difficulty of striking a cupped coin in a copper-nickel clad composition. So… Full article at the source>

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

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