Silver Prices Retreat in May 2010 Despite Rallying Final Week

Silver prices soared this week, but nevertheless declined during the month of May after a 6.4% increase in April.
On Friday, New York silver futures for July delivery fell 4.6 cents, or 0.3, to $18.422 an ounce, capping a 1.2% loss in May. For the week, however, the metal soared 77.1 cents, or [...]

US Mint Sales – Bullion Silver Eagles Higher, Coins Mixed

Silver Eagle bullion coins outperformed their prior week’s numbers, while numismatic silver products experienced mixed results in the latest statistics from the United States Mint. Only one collector’s item, a 2009 set, was able to improve over the prior numbers. The other five items retreated.
Between the individual silver coins for sale, the proof [...]

5 Star Generals Commemorative Coin Act Passes House, Awaits Senate Action

On Thursday, May 20, 2010 the U.S. House passed the 5 Star Generals Commemorative Coin Act.
The act would create three coins commemorating America’s Five-Star Generals who taught at or attended the U.S. Army Command and General Staff College (CGSC). If the act becomes law, the United States Mint would begin production on [...]

World’s Most Valuable Coin, 1794 Flowing Hair Silver Dollar

The Neil/Carter/Contursi specimen 1794 Flowing Hair silver dollar has been sold for $7,850,000, setting a new record as the world’s most valuable rare coin.
Graded PCGS Specimen-66, it is the finest known 1794 dollar and believed by several prominent experts to be the first silver dollar ever struck by the United States Mint.
It was sold by [...]

Silver Prices Plunge in 3rd Week of May

Silver prices were brutalized during the third week of May, tumbling with other precious metals with stiff selling the order of the day for much of the week.
Silver’s fall was less severe as compared to other industrial used metals, like platinum and palladium. But its drop was deep nevertheless. London and New York prices follow.

US Mint Silver Coin Sales Comeback; DAV Commemoratives Top 200,000

Silver collector coins experienced a robust sales comeback in the latest round of United States Mint sales figures, while American Silver Eagle bullion coins continue to power forward. All of the sets and individual silver dollars beat their prior numbers, some were up double and triple digit.
A scant 7,229 of the 2010 Boy Scouts [...]

Last Opportunity for US Mint Products, Includes 2009 Silver Proof Set

The United States Mint has published a Last Opportunity section on its online store which provides several order deadlines for 2009-dated products that are about to be replaced.
The last chance items include 2009 quarter coin covers, 2009 Lincoln cent rolls and several sets, including the 2009 US Mint Silver Proof Set.
The silver proof set features [...]

Silver Prices Soar 11% in London, 4.2% in New York

Silver prices rallied this week, pulling away from the declines of the prior week. The metal soared 11% in London and 4.2% in New York.
Silver began its rally in the U.S. on Friday of last week, with analysts saying some investors were buying the metal as an alternative to gold which was too [...]

US Mint Silver Coin Sales: Eagles Soar, Collector Coins Drop

Sales of American Silver Eagle bullion coins picked up momentum last week, while numismatic silver coins continued to slow. None of the sets nor individual silver dollars beat their prior numbers, according to the latest United States Mint sales report.
Not many 2010 Boy Scouts of America Silver Dollars left Mint doors last week. The [...]

Mother’s Day Silver Dollar Commemorative Coins Approved in House

Coin legislation that has passed in the U.S. House of Representatives would mark the 100th anniversary of Mother’s Day with up to 400,000 commemorative silver dollars.
The Mother’s Day Centennial Commemorative Coin Act, H.R. 2421, was easily approved on May 5, 2010, with the help of 291 U.S. House cosponsors. It is now before the [...]

Silver Pares Losses in First Week of May

Silver prices tumbled for much of the week before recovering Friday to pare losses.
Metals were led up and down over concerns of the Greek debt woes, with added worries that the crisis could spread to other euro-zone countries.
The fears helped safe-haven investments, like gold, but brought down industrial metals that would suffer weakened demand [...]

US Mint Silver Coin Sales: Few Boy Scouts Commemoratives Left

Demand for 2009-dated silver proof sets improved while 2010 individual silver coins faded, according to the latest weekly United States Mint sales report.
Sales for 2010 American Veterans Disabled for Life Silver Dollars slowed once again after experiencing a slight spike in the prior figures. 1,791 proof and uncirculated were added, compared to the previous [...]

Uncirculated Boy Scouts Silver Dollars No Longer Available

The United States Mint’s 2010 Boy Scouts of American Uncirculated Silver Dollar coins are officially gone.
The coins sold out last week, but the U.S. Mint was still allowing customers to join a waiting list as a possible means to get them — if an older older prior to the sellout was cancelled, a new waiting [...]

Silver Prices Soar in April 2010

Silver prices soared during the month of April, rising 6.4% in both London and New York. The metal rallied late in the week after retreating earlier despite soaring gold prices. Silver typically follows gold.
However, while gold was lifted as a safe-haven investment over concerns of widening sovereign debt issues in Europe, those same issues [...]