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Congressmen press the U.S Mint for action on counterfeit gold and silver coins

October 31, 2017 in Coins, Counterfeit, Education, Fake Coins, Gold Eagles, History, News, Numismatica, Numismatics, Opinion, Precious Metals, Silver, Silver Coins, US Government, US Mint, USA Coins

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

Washington, DC (October 29, 2017) — Congressmen Alex Mooney (R-WV) and Frank Lucas (R-OK) delivered a formal letter to the United States Mint and the Secret Service on Friday, urging aggressive action on the growing problem of high-quality counterfeits of U.S. precious-metals coins entering the country from China and elsewhere.

“Enclosed herewith is a 1995 1-ounce gold American eagle coin, carrying a face value $50 and ostensibly minted by the U.S. Mint,” Mooney and Lucas wrote. “You are free to keep it, as it’s a worthless tungsten fake.”

As members of the House Financial Services subcommittee, which oversees the U.S. Mint, Congressmen… Full article at the source>

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

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More Than 1 Million Silver Eagles Sold in Last Three Days

April 14, 2016 in Bullion, Coins, Coins for sale, Collecting, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

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

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The U.S. Mint’s authorized buyers have purchased this week’s entire 1,036,000-ounce allocation of American Eagle Silver bullion coins in just three days, bringing this year’s overall sales total for the issues to 17,000,000 one-ounce coins sold.

This development is particularly striking as the Mint’s weekly allocations have not sold out in recent weeks, and it looked for a moment that the supply of Silver Eagles might finally be starting to outpace demand for the issues. But the value of silver has shown signs of strength this week, climbing to a near six-month high today at $15.98 an ounce, which Full article at the source>

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

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Long Beach Expo Visitors See United States Mint’s Reagan Coins Designs

February 6, 2016 in Art, Coin Shows, Coins, Collecting, Commemorative, Conventions, Dollar Coins, Education, Entertainment, Events, Gold, Gold Coins, History, News, Numismatica, Numismatics, US Government, US Mint, USA Coins

For immediate release
February 6, 2016

News media contact:
Steve Sloan, (949) 567-1223

Long Beach Expo Visitors See
United States Mint’s Reagan Coins Designs

 

James Pressley and Ronald Reagan art: United States Mint Retail Sales Manager James Pressley unveils at the Long Beach Expo on February 6, 2016 the design selected for the Ronald Reagan Presidential Dollar. (Photo by Donn Pearlman.)

James Pressley and Ronald Reagan art:
United States Mint Retail Sales Manager James Pressley unveils at the Long Beach Expo on February 6, 2016 the design selected for the Ronald Reagan Presidential Dollar. (Photo by Donn Pearlman.)

(Long Beach, California) – Visitors on the closing day of the February 2016 Long Beach Coin, Currency, Stamp & Sports Collectible Expo received a previously announced numismatic treat.  Representatives of the United States Mint displayed the just-announced selected designs for the upcoming Ronald Reagan Presidential dollar and Nancy Reagan First Spouse gold coin.

“The official unveiling ceremony was conducted at the Reagan Presidential Library in Simi Valley, California on Saturday morning, February 6.  However, as soon as that ceremony ended, Mint employees attending the Long Beach Expo promptly set up a display of the designs that will be used for the new commemorative coins,” said Cassi East, President of the Long Beach Expo.

“At about 12:30 on Saturday afternoon, we made a public address announcement to tell everyone on the convention floor about the surprise display.  Visitors to the show were quite happy to be among the first to see which artworks were selected for the coin designs,” explained East.

“All of us are delighted the United States Mint gave everyone at the Long Beach Expo the opportunity to see the historic design selections as soon as possible after the official unveiling,” added East.

The United States Mint had a booth at the February 4 – 6 Long Beach Expo to showcase and sell the Mint’s latest collector coins and medals.  James Pressley, the Mint’s Retail Sales Manager, made arrangements with other Mint officials to display the Ronald and Nancy Reagan coin designs at the show, located south of Los Angeles, as soon as the official ceremony ended 70 miles away in Simi Valley, north of Los Angeles.

February 6 was selected as the date for the unveiling of the selected designs because it was the 105th anniversary of the late President’s birth.

James Pressley and Nancy Reagan art: The reverse and obverse designs selected for the Nancy Reagan First Spouse gold coins were publicly displayed at the Long Beach Expo by United States Mint Retail Sales Manager, James Pressley, immediately after the official unveiling ceremony at the Reagan Presidential Library. (Photo by Donn Pearlman.)

James Pressley and Nancy Reagan art:
The reverse and obverse designs selected for the Nancy Reagan First Spouse gold coins were publicly displayed at the Long Beach Expo by United States Mint Retail Sales Manager, James Pressley, immediately after the official unveiling ceremony at the Reagan Presidential Library. (Photo by Donn Pearlman.)

According to the official announcement from the Mint, both the Ronald Reagan and Nancy Reagan coins will be featured in a variety of products available for purchase from the United States Mint during 2016.  For additional information, visit the Mint’s website at www.usmint.gov.

The next Long Beach Coin, Currency, Stamp & Sports Collectible Expo will be conducted in the Long Beach, California Convention Center, June 9-11, 2016.   For additional information, visit www.LongBeachExpo.com.

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U.S. Mint Posts 2016 Product Schedule

December 22, 2015 in Coins, Coins for sale, Collecting, Collector Sets, Commemorative, New Releases, News, Numismatica, Numismatics, US Mint, USA Coins

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

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2016 Birth Set (left) and 2016 ATB Silver Proof Set (right).

The U.S. Mint has posted its schedule for 2016 product releases. Though it’s not yet complete and will no doubt be subject to various adjustments in the coming months, it does provide a good sense of what we can look forward to over the course of the coming year. The chart below first appeared on Mint News Blog and provides specific release dates for many issues, while grouping those that have yet to be scheduled under the heading, “To Be Determined.”

The Mint will be off and running in… Full article at the source>

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

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2015 Silver Eagles Break Annual Sales Record

December 2, 2015 in Bullion, Coins, Coins for sale, Collecting, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

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

2015-Silver-Eagle-Apmex-MergedCleanSmall

Sales of 2015 American Eagle Silver bullion coins have broken last year’s record of 44,006,000 ounces sold in a single year. As of this writing, the Mint lists total sales for 2015 ASE bullion coins at 44,666,500 ounces.

Demand for American Eagle Silver bullion coins has picked up again after a brief lull, and the total weekly allocation for the issues has been claimed by buyers during each of the last three weeks. The 2015 Silver Eagles still have some time to continue building upon this year’s record-breaking sales total as the Mint will continue… Full article at the source>

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

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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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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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U.S. Mint Representatives to Spend the Week at ANA World’s Fair of Money

August 11, 2015 in ANA (American Numismatic Association), Blogs, Bureau of Engraving and Printing, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Conventions, Gold, Gold Buffalo, Gold Coins, Gold Eagles, Numismatica, Numismatics, Silver, Silver Coins, Silver Eagles, US Government, US Mint, USA Coins

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

ana

Representatives of the U.S. Mint, including the mint’s Principal Director, Rhett Jeppson, will be on hand this week at the American Numismatic Association’s (ANA) World’s Fair of Money in Chicago. The mint will partner with the Bureau of Engraving and Printing (BEP) to greet those in attendance from booth #1910 at the Donald E. Stephens Convention Center in Rosemont, Illinois. The fair begins tomorrow, August 11, and will wrap up on Saturday, August 15th.

The mint will have several of their most impressive offerings on hand to peruse and purchase. Products listed include American Buffalo Gold Proof Coins; American Eagle… Full article at the source>

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

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Sales Decline for American Gold and Silver Eagle Bullion Coins

June 1, 2015 in Bullion, Coins, Coins for sale, Collecting, Gold, Gold Eagles, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

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

silver-eagle2

Sales levels for the United States Mint’s American Gold and Silver Eagle bullion coins declined during the month of May 2015. Declines were marked compared to both the prior month as well as the year ago period.

The monthly sales for the one ounce American Silver Eagle bullion coins reached 2,023,500 ounces. This was down compared to the prior month sales of 2,851,500 ounces and down significantly from the year ago period sales of 3,988,500.

The latest monthly sales total for Silver Eagle bullion coins is the lowest figure since July 2014.

Late last week, the US Mint announced that… Full article at the source>

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

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2015 ATB 5 oz. Silver Bullion Coin Update

May 19, 2015 in Blogs, Bullion, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Investing, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, US Mint, USA Coins

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

kisatchie

On May 7, the United States Mint had announced the sell out of the America the Beautiful Five Ounce Silver Bullion Coins featuring Kisatchie National Forest. These coins had gone on sale to authorized purchasers on April 20.

Information on the Mint’s website shows total sales for the Kisatchie bullion coins at 42,000 pieces. Significantly, this is the highest sales total for an individual design of the series since 2011. For all bullion issues from 2012 to the first release for 2015, sales had ranged from 20,000 to 35,000 pieces per release.

Based on information provided by the US Mint, Full article at the source>

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

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US Mint Sales Report: Mamie Eisenhower First Spouse Gold Coins Debut

May 14, 2015 in Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Dollar Coins, Gold, Gold Coins, News, Numismatica, Numismatics, Precious Metals, Proof Coins, US Government, US Mint, USA Coins

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

mamie

The latest weekly United States Mint numismatic product sales report includes the debut figures for the 2015 Mamie Eisenhower First Spouse Gold Coins and the Dwight D. Eisenhower Presidential $1 Coin Cover.

The US Mint began accepting orders for the Mamie Eisenhower First Spouse Gold Coins on May 7, 2015. Available in proof and uncirculated versions, the coins featured an obverse portrait of the First Lady and a reverse design representing Mrs. Eisenhower’s popularity and involvement in her husband’s presidential campaigns. A maximum mintage of 10,000 pieces was established across both proof and uncirculated versions.

Through the reporting date of… Full article at the source>

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

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US Mint Sales Report: Harry S. Truman Presidential Dollars Debut

February 13, 2015 in Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Dollar Coins, Gold, Gold Coins, News, Numismatica, Numismatics, Precious Metals, Proof Coins, Quarters, US Mint, USA Coins

By Michael Zielinski News.CoinUpdate.com (Coin Update News)

truman

The latest weekly United States Mint numismatic product sales report includes the debut figures for the 2015 America the Beautiful Quarters Proof Set and the Harry S. Truman Presidential Dollar products. Many numismatic gold products also saw large negative adjustments this week.

The US Mint opened sales for the 2015 America the Beautiful Quarters Proof Set on February 3, 2015. The set includes proof quarters struck at the San Francisco Mint featuring Homestead National Monument of America, Kitsatchie National Forest, Blue Ridge Parkway, Bombay Hook National Wildlife Refuge, and Saratoga National Historical Park. The sets were priced at $14.95 with no… Full article at the source>

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

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US Mint Reduces 50th Anniversary Kennedy Silver Set Product Limit

November 25, 2014 in Blogs, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Half Dollars, News, Numismatica, Numismatics, Precious Metals, Proof Coins, Silver, Silver Coins, US Mint, USA Coins

By Mint News Blog

Reverse Proof Kennedy Half Dollar

The United States Mint has announced a reduction to the product limit for the 2014 50th Anniversary Kennedy Half Dollar Silver Coin Collection. The previously indicated limit of 300,000 units has now been reduced to 225,000 units.

The four coin silver set represented the third in a trio of products issued to mark the 50th anniversary of the Kennedy Half Dollar series. The US Mint seemed to be anticipating intense demand for the product… Full article at the source>

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

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2015-2016 Native American Dollar Designs

September 1, 2014 in Blogs, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Dollar Coins, News, Numismatica, Numismatics, US Mint, USA Coins

By Mint News Blog

2015 Native American Dollar

2015 Native American Dollar Mohawk Iron Workers

The United States Mint has announced the design selections for the 2015 and 2016 Native American Dollars. These coins will continue the series featuring annually rotating reverse designs which celebrate the accomplishments and contributions of Native Americans.

Originally, the Mint had prepared 20 design candidates for 2015 and 18 design candidates for 2016, which were reviewed by the Citizens Coinage Advisory Committee (CCAC) and Commission of Fine Arts (CFA) in March 2014. Coverage of the reviews Full article at the source>

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

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US Mint Releases Lou Hoover First Spouse Gold Coin

August 16, 2014 in Coins, Coins for sale, Collecting, Commemorative, Gold, Gold Coins, News, Numismatica, Numismatics, Precious Metals, US Mint, USA Coins

By Michael Zielinski (http://news.coinupdate.com)

Lou Hoover First Spouse Gold Coin

The United States Mint is now accepting orders for the 2014 Lou Hoover First Spouse Gold Coins. Struck in one-half ounce of 24-karat gold, the coins honor the wife of President Herbert Hoover and First Lady of the United States from 1929-1933.

The obverse design of the coin features a portrait of Lou Hoover surrounded by the inscriptions “Lou Hoover”, the motto “In God We Trust”, “Liberty”, “2014 W”, the order of the Presidency “31st”, and… Full article at the source>

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

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US Mint Circulating Coin Production July 2014, JFK Sales Update

August 14, 2014 in Blogs, Coins, News, Numismatica, Numismatics, US Mint, USA Coins

By Mint News Blog

2014 US Penny 1 Cent

2014 US Penny 1 Cent

The United States Mint has provided their latest updated circulating coin production figures.

During the month of July 2014, total production reached 1.33 billion circulating quality coins at the United States Mint’s Denver and Philadelphia facilities. This represented a slight gain from the prior month when production had reached 1.28 billion Full article at the source>

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

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