US Mint Sales: Proof Platinum Eagle Improves Despite Higher Price
2012-01-26 21:17:04
... of note left.
Numismatic (and bullion) product ...
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Throw out the debuting 2012 America the Beautiful Quarters Proof Set from the latest United States Mint weekly sales figures and there are only a few interesting items of note left.
Numismatic (and bullion) product sales are significantly slower in this round. Specifically, 29 U.S. Mint products improved over their prior weekly sales versus the 48 out-performers noted in the previous sales report. Two-dozen of the overachievers were lower priced products. In the $50+ category of mint offerings, only a handful of week-over-week gains were realized. Those included the 2011-W Proof Platinum Eagle and four First Spouse Gold Coins [...]
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In The Lead – Promissory Notes
2012-01-26 20:54:18
Momentum players pulled the "buy" trigger on precious and base metals, along with crude oil ...
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Momentum players pulled the "buy" trigger on precious and base metals, along with crude oil and equities, yesterday afternoon, after they concluded that the Fed's offer to not hike interest rates until late 2014 was tantamount to a fresh QE program.
Lost in the euphoric buying spree (and again we draw your attention to the fact that this was a new display of the "buy everything" syndrome which is anything but healthy for one or another asset in the long-run) was the other side of the Fed announcement [...]
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numismatic,
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Gold Prices Rally Above $1700 as Silver Soars Over $33
2012-01-26 01:04:37
Gold prices had been pressured by strength in the U.S. dollar during most of Wednesday until the Fed ...
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Gold prices had been pressured by strength in the U.S. dollar during most of Wednesday until the Fed released forecasts indicating it is likely to maintain "a highly accommodative stance for monetary policy" and that U.S. economic conditions are "likely to warrant exceptionally low levels for the federal funds rate at least through late 2014." The news was taken as inflationary long-term, and drove gold and other precious metals sharply higher.
Gold prices rallied $35.60, or 2.1%, to $1,700.10 an ounce in the February futures contract on the Comex in New York [...]
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numismatic,
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Gold and Silver Fall Friday but Gain on Week
2012-01-14 18:32:32
Gold dropped Friday but gained $14 on the week as a result of the prior three-day winning streak. ...
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Gold dropped Friday but gained $14 on the week as a result of the prior three-day winning streak. Standard & Poor's on Friday downgraded the credit ratings of nine euro zone governments, including France and Austria. That news bolstered the dollar which pressured stocks, gold and other commodities.
Gold prices declined $16.9, or 1.0%, to $1,630.80 an ounce in the February futures contract on the Comex in New York [...]
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new,
numismatic,
world
US Mint 2011 Annual Coin Production Rises 28.7%, Mintages Top 8.2 Billion
2012-01-13 23:36:34
United States Mint annual coin production climbed higher last year, marking a second straight yearly ...
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United States Mint annual coin production climbed higher last year, marking a second straight yearly advance. The United States Mint produced over 8.2 billion coins for circulation in 2011, which was an increase of more than 1.8 billion, or 28.7 percent, from the nearly 6.4 billion coins minted in 2010.
Leading gains were Jefferson nickels which soared higher 101.9 percent and Roosevelt dimes which shot up 34.2 percent. In unit totals, almost 500 million more nickels and 383 million more dimes were struck than in 2010. Lincoln cents notably improved by more than 927.7 million, or 23.1 percent [...]
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numismatic,
world
