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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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U.S. Mint Anchors Last Long Beach Expo of the Year

August 10, 2017 in Auctions, Clubs and Associations, Coin Grading, Coin Shows, Coins, Collecting, Collector Sets, Conventions, Education, Entertainment, Events, Fun, Gold, Gold Coins, Grading, History, Investing, Numismatic Societies and Clubs, Numismatica, Numismatics, Offers, PCGS (Professional Coin Grading Service), Press Releases, Rare Coins, US Mint, USA Coins, World Coins, Young Collectors

For immediate release
August 9, 2017

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

U.S. Mint Anchors Last Long Beach Expo of the Year

Ellis Island Coin: The U.S. Mint will be in attendance, displaying and selling their latest offerings, including the Ellis Island 2017 5 Ounce Silver Coin. Image via www.usmint.gov.

Ellis Island Coin: The U.S. Mint will be in attendance, displaying and selling their latest offerings, including the Ellis Island 2017 5 Ounce Silver Coin. Image via www.usmint.gov.

(Long Beach, California) – It’s time for the last Long Beach Coin, Currency, Stamp and Sports Collectible Expo (www.LongBeachExpo.com) of the year, and as usual, the show is filled with fun for everyone. The three-day event will feature coin giveaways, the latest offerings and unveiling of a new 5 ounce silver coin from the United States Mint, and the display of two award-winning world coin sets.

Held September 7-9, 2017, the Long Beach Expo showcases collectibles from over 500 dealers, featuring everything from coins to cards.

“We’re thrilled to close out our Expo year with offerings from the U.S. Mint, which will be displaying and selling beautiful commemoratives, proof sets and more, including their brand-new 5 ounce coin, the Ellis Island 2017 5 Ounce Silver Coin, and the display of beautiful world coin sets brought to you by the PCGS Set Registry is sure to attract crowds. As always, we will host our coin giveaway, where a lucky attendee is chosen each day to win a gold coin, and PCGS will be offering on-site grading and exclusive show offers,” said Long Beach Expo President Cassi East.

Any attendee can enter to win a gold coin simply by registering online. Winners will be announced each day of the show at 1 p.m.

The official auctioneer of the Long Beach Expo, Heritage Auctions, will host four Signature Auctions, featuring U.S. Coins, World Coins, U.S. Currency and World Currency, from Wednesday, September 6 through Saturday, September 9.  Attendees are encouraged to visit the Heritage Lot Viewing room (104-A), located upstairs in the lobby area, to see the actual coin and currency items that will be in the auctions.

The Mint returns to the Long Beach Expo (booth #1535) after showcasing their groundbreaking American Liberty 225th Anniversary gold coin earlier this year, and they will be displaying the 225th Anniversary Four-Medal set, featuring four medals from four different mints with four different finishes. The medal set has reverse proof, proof, an enhanced uncirculated and uncirculated medal. The Mint is also launching their latest coin, the Ellis Island 2017 5 Ounce Silver Coin, which is available for purchase starting September 7, the first day of the show. Visitors can purchase or simply view the Mint’s latest offerings.

Also on the coin side, PCGS (www.PCGS.com) will be in attendance (booth #807) and offering on-site grading, as well as accepting submissions of all service levels.  Additionally, the brand-new coin price magazine, Rare Coin Market Report, will be distributed free of charge by PCGS at booth #1.

The bi-monthly magazine features up-to-date coin price info on PCGS-graded coins and fun, educational articles written by numismatic experts, like PCGS CoinFacts President Ron Guth.

“The Long Beach Expo presents a great opportunity to research a coin in the RCMR, visit booths like the U.S. Mint, purchase a coin and then return to the PCGS booth for grading. You can literally experience, all in one venue, the pivotal steps of coin collecting,” said PCGS President Don Willis.

McVey Collection: Two award winning world coin sets will be on display at booth #1535

McVey Collection: Two award winning world coin sets will be on display at booth #1535

Two beautiful world coin sets will be on display at the Set Registry booth (#1148): the McVey Canadian dollar date set and the McVey Mexico Silver Peso date set.

The 28-coin McVey Canadian dollar date set, circulation strikes, spans from 1935 to 1967 and features the portraits of three British monarchs: George V, George VI and Elizabeth II.  While, the award-winning McVey Mexico Silver Peso set features 41 silver pesos with two reverse designs.

“We always love to showcase world coins when the opportunity arises. Both of these sets are quite the spectacle, and we encourage show attendees to visit our booth and see these sets in person,” said PCGS Set Registry Director BJ Searls.

PCGS Co-Founder David Hall will be conducting “Meet the Expert” sessions, which is an opportunity for the public to bring their coins to the show and have them examined by a numismatist with decades of experience. Sessions take place from 1 p.m. to 2 p.m. on Thursday, September 7, and Friday, September 8, and from 12 p.m. to 1 p.m. on Saturday, September 9.

A staple of the Long Beach Expo returns with the Kids Treasure Hunt. Children visiting the Expo can earn free coins by participating in the fun, which will take place on Saturday, September 9, from 11 a.m. to 2 p.m.

Kids can also participate in numismatic youth activities at booth #861, including America The Beautiful Quarter Trivia and a memory game involving world currency. Children have the opportunity to win quarters and currency during the fun.

The Long Beach Coin, Currency, Stamp and Sports Collectible Expo takes place Thursday, September 7, through Saturday, September 9. Show hours are 10 a.m. to 7 p.m. from Thursday to Friday, and 10 a.m. to 5 p.m. on Saturday. The Long Beach Expo will take place at the Long Beach Convention Center, located at 100 South Pine Ave, Long Beach, CA.

Admission is $8 for adults, $4 for seniors and children aged 8 to 16; however, free admission coupons are available in advance online.

Discounted tickets are available at  www.LongBeachExpo.com. Simply select ‘Get Passes,’ and enter the promo code: EXPOPR.

        For additional information, including the schedule of events and a list of attending dealers, visit online at www.LongBeachExpo.com, call the Long Beach Expo at 888-743-9316 or email at LBExpo@collectors.com.

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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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World War I Commemorative Coin: A Tribute to the Bravery, Actions and Sacrifices of Americans

June 30, 2017 in Coins, Commemorative, Education, History, Legislation, New Releases, News, Numismatica, Numismatics, Press Releases, US Government, US Mint, USA Coins

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

Congress authorized and the President signed into law the World War I American Veterans Centennial Commemorative Coin Act (Public Law 113-212) to “commemorate the centennial of America’s involvement in World War I and honor the over 4 million men and… Full article at the source>

Source: United States Mint Press Releases/Public Statements

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U.S. Mint sales report: Week ending June 25, 2017

June 28, 2017 in Coins, Collecting, News, Numismatica, Numismatics, US Mint, USA Coins

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

This week, we caught up with a couple of missing 2017 U.S. Mint numismatic sales reports: one for the period ending May 14, and one for the period ending May 21. The present report covers the week ending June 25, 2017.

There are no new releases on the report this week. Last week’s only new release—and that week’s top seller—was the 2017-P American Liberty silver medal (17XB). It remains within the upper tier of sales, ranking fourth this with 2,963 sold. More than 36,000 of the medals have been purchased since it was released on June 14. Its predecessor,… Full article at the source>

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

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America the Beautiful Quarters® Program

June 5, 2017 in Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Education, History, New Releases, News, Numismatica, Numismatics, Offers, Precious Metals, Press Releases, Quarters, Silver, Silver Coins, Uncirculated Coins, US Mint, USA Coins

By: Carolyn Fields United States Mint Press Releases/Public Statements

About the America the Beautiful Quarters® Program America the Beautiful Quarters® Site and Design Selection Process Silver Bullion Quarters Additional Resources About the America the Beautiful Quarters® Program In 2010, the United States Mint began issuing 56 quarter-dollar coins featuring… Full article at the source>

Source: United States Mint Press Releases/Public Statements

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2017 American Eagle 1-oz. gold Uncirculated coin goes on sale today

June 1, 2017 in Blogs, Coins, Coins for sale, Collecting, Gold, Gold Coins, Gold Eagles, Investing, New Releases, News, Numismatica, Numismatics, Precious Metals, US Mint, USA Coins

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

(Photos courtesy of APMEX)

(Photo courtesy of APMEX)

Today (June 1) is the release date for the Mint’s annual American Eagle 1-ounce gold Uncirculated coin (17EH), which will be available from noon Eastern time. The Uncirculated and Proof AGEs are collector versions of the official U.S. Mint American Eagle gold bullion coins, differing with respect to finish and mintmark (which the bullion strike lacks). Each 22-karat (0.9127 fine) gold Uncirculated coin, denominated $50, is enclosed in a clear capsule housed in a blue, Mint-branded box, and comes with a certificate of authenticity.

(Individual, high-res photos courtesy of the U.S. Mint)

Each coin measures 1.287 inches in… Full article at the source>

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

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STEM at the United States Mint

May 21, 2017 in Coins, Collecting, Education, History, News, Numismatica, Numismatics, Opinion, Press Releases, Technology, US Government, US Mint, USA Coins

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

STEM stands for “science, technology, engineering and math.” Many different careers use the problem-solving and innovation techniques taught in STEM, and these skills are in demand now more than ever. In fact, there were nearly 8.6 million STEM jobs in the… Full article at the source>

Find out more about how the Mint and its employees use STEM in this video.

By: USMINT

Originally published on Nov 7, 2016

This video with employees at West Point and Headquarters explores how the U.S. Mint uses science, technology, engineering and math to make coins.

 

Source: United States Mint Press Releases/Public Statements

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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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New OFFICIAL RED BOOK Celebrates 225 Years of U.S. Coinage

February 23, 2017 in Books, Coins, Collecting, Education, Events, History, Investing, News, Numismatica, Numismatics, Reference, US Mint, USA Coins

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

Best-Selling Annual Guide Prices 7,900 Coins

(Pelham, Alabama)—The 71st edition of the hobby’s Guide Book of United States Coins (popularly known as the “Red Book”) will launch at the Whitman Baltimore Coin and Collectibles Expo on March 30, 2017. It features new and extensively updated content reflecting the current market for collectible coins. To celebrate the 225th anniversary of coinage at the Philadelphia Mint (1792–2017), the hardcover version of the Red Book‘s 71st edition includes a commemorative gold-foil portrait of David Rittenhouse, first director of the Mint, who was appointed by President George Washington. The Red Book can be… Full article at the source>

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

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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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Be Wary of So-Called “Trump Coins,” Cautions Professional Numismatists Guild

January 28, 2017 in Collecting, Education, Investing, Medals, News, Numismatica, Numismatics, Opinion, PNG Professional Numismatists Guild, Press Releases, PSA, Tokens, US Mint

CORRECTED: January 27, 2017
News media contact:
Robert Brueggeman, (917) 587-8300

Be Wary of So-Called “Trump Coins,”
Cautions Professional Numismatists Guild

 

(Temecula, California) – So-called “Trump coins” are being offered in the marketplace, and they may be delightful souvenirs, but in many cases should not be mistaken for “rare coins,” cautions the Professional Numismatists Guild (www.PNGdealers.org).  In some cases, the items being offered are not even actually coins despite how they’re advertised, according to the PNG.

“Buyers today may be bitterly disappointed tomorrow if they mistakenly thought these kinds of souvenir items would be great investments,” stated PNG Executive Director Robert Brueggeman.

The PNG is a nonprofit organization composed of many of the top rare coin and paper money experts in the United States and six other countries.

PNG President Dana Samuelson points out that the United States Mint has not issued any coins or medals depicting President Donald J. Trump.  

“The so-called Trump coins now in the marketplace are either privately issued tokens or medals and not legal tender coins; or are genuine U.S. Mint-produced coins that have been deliberately altered by private parties after they left the Mint; or are coins produced by foreign countries but usually intended only for collectors and not for circulation in those countries,” explained Samuelson.

Some of the “Trump coins” being sold to the public are touted as gold or silver plated, but PNG cautions that can be confusing or misleading to potential buyers.

“The plating may be simply a microscopically thin layer of silver or gold that’s worth only a dollar or two. These should not be considered as investments in precious metals.  These kinds of novelty items often have little or no secondary market value,” stated PNG Executive Director Robert Brueggeman.

PNG officials recommend that buyers and sellers contact members of their Accredited Precious Metals Dealers (APMD) program.  PNG-APMD members must adhere to a strict code of ethics in the buying and selling of coins and precious metals.

Information about APMD, its code of ethics and a directory of accredited dealers can be found at www.APMDdealers.org, or call the Professional Numismatists Guild at (917) 587-8300.

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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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Precious Metals Update: Bullion Sales Up

September 21, 2016 in Bullion, Coins, Coins for sale, Collecting, Gold, Gold Bullion, Gold Eagles, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

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

84913_BOTH

The U.S. Mint’s authorized purchasers (AP’s) bought 945,000 2016 American Eagle silver bullion coins last week, well up from 170,000 pieces sold during the previous period.

One-ounce Silver Eagles have sold 30,155,500 pieces so far this year. As we are currently 72% of the way through 2016 and sales for these issues have reached only 64% of last year’s total of 47 million ounces, ASE sales remain unlikely to reach last year’s total.

Gold’s value decreased by $10.80 an ounce during the past week. Gold is now appraised at $1,313.80 according to the London Bullion Market Association. The value… 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)

2017-hr-liberty-ccac-recommended

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)

01-set-01small

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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2016-W Standing Liberty Centennial Gold Quarter: For Collectors, Not Flippers

September 12, 2016 in Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Gold, Gold Coins, History, Investing, New Releases, News, Numismatica, Numismatics, Opinion, Precious Metals, Quarters, US Mint, USA Coins

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

16xc_csmall

On September 8, the U.S. Mint began accepting orders for the eagerly anticipated 2016-W Standing Liberty Centennial Gold Quarter, the second of three coins to mark the 100thanniversary of the very popular Liberty-themed coin series that began in 1916.

Unlike the previous coin in this trio, the 2016-W Winged Head Liberty Centennial Gold Dime that launched on April 21, the gold quarters had a household limit of one, and their mintage was set at a maximum of 100,000; the dimes had a household limit of ten and mintage limit of 125,000. In addition, the dimes had an… Full article at the source>

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

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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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Designs for 2017’s America the Beautiful Quarters Finalized

September 2, 2016 in Coins, Collecting, Collector Sets, Commemorative, News, Numismatica, Numismatics, Quarters, US Mint, USA Coins

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

36-Effigy-Mounds-IASMALL

The designs for next year’s America the Beautiful quarters have been made official. Earlier today, the U.S. Mint shared the line art for the reverses of its five upcoming 2017 quarters, which will respectively feature Effigy Mounds National Monument in Iowa, Frederick Douglass National Historic Site in Washington, D.C., Ozark National Scenic Riverways in Missouri, Ellis Island (Statue of Liberty National Monument) in New Jersey, and George Rogers Clark National Historical Park in Indiana. The five reverse designs are included below.

The first new quarter of 2017 will feature Effigy Mounds National Monument. Its reverse will include a view of Native… 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)

16xc_cBOTHsmall

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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Over 17,000 2016 Platinum Eagle Bullion Coins Sold on First Day

July 26, 2016 in Blogs, Coins, Coins for sale, Collecting, Investing, New Releases, News, Numismatica, Numismatics, Offers, Opinion, Platinum, Platinum Coins, Precious Metals, Proof Coins, US Mint, USA Coins

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

92376_Obvboth

The U.S. Mint opened sales of 2016 American Eagle One-Ounce Platinum Proof Coins today, a release that was met with enthusiasm from the Mint’s authorized purchasers (AP’s). According to the most recent bullion sales numbers, the Mint sold 17,100 Platinum Eagles today, quite a large total when considered alongside the total mintages for one-ounce Platinum Eagles from other years.

At 17,100 pieces sold, the 2016 bullion APE’s now have the fifth-highest mintage ever for these issues, which were initially issued in 1997. The first three years these coins were available — 1997, 1998, and 1999 — the… Full article at the source>

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

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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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Precious Metals Update: Silver Eagle Allocation Exceeds 3.6 Million

July 11, 2016 in Bullion, Coins, Coins for sale, Collecting, Education, Gold, Gold Bullion, Gold Coins, Gold Eagles, Market Report, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, US Mint, USA Coins

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

84913_BOTH

The U.S. Mint’s authorized purchasers (AP’s) bought 250,000 of last week‘s 2,839,500-ounce allocation of 2016 American Eagle silver bullion coins, leaving 2,589,500 unsold. This is the most unsold Silver Eagles we’ve seen so far this year, continuing a recent trend that has seen the Mint’s inventory growing with the help of consistent production and softer demand.

Sales for the issues dropped sharply, due in part to the observance of the Fourth of July holiday. AP’s bought 73% fewer Silver Eagles during this period than the 938,000 ounces reported last week. The unsold pieces have been added to this week’s… Full article at the source>

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

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