Silver Prices Soften in Second Week of March
March 13, 2010 by Silver Coins Today · Leave a Comment
Silver prices started the first week of March higher, marking the fourth straight week of gains. This week prices softened, rising 0.3% in London and falling 1.9% in New York.
New York silver futures for May delivery ended at $17.048 an ounce on Friday, dropping 33.4 cents on the week after soaring 86 cents during the prior week. Read More...
US Mint Sales: DAV Silver Dollars Pass 131K, Silver Eagles Break 1.1M
March 10, 2010 by Darrin Lee Unser · Leave a Comment
Investment demand for bullion American Silver Eagles increased during the last seven days, but excitement abated for other American silver products.
According to the latest United States Mint sales statistics, Silver Eagles advanced another 750,000 since last Wednesday -- improving to 1,175,000 during the first ten days of this month. Read More...
Sydney Cove Medallion Portrayed on High Relief Silver Australian Coin
March 9, 2010 by Darrin Lee Unser · Leave a Comment
In a pairing that can only be called unique, the Perth Mint of Australia is releasing a coin and accompanying collectible china plate that celebrates a design created for a young Australia and first seen on a piece of Wedgwood pottery in 1789. The Sydney Cove Medallion Silver Proof Coin recalls that classic design which has earned a place of honor among many native Australians.
Created by the famous Josiah Wedgwood (considered the 'Father of English Potters'), the design was placed on a piece of Wedgwood's Staffordshire pottery. However, in a departure from normal practice, the pottery was made from clay shipped to England from the countryside of the the infant British colony of Australia. Read More...
Silver Surges During First Week of March 2010
March 6, 2010 by Silver Coins Today · Leave a Comment
Silver prices have rallied for four straight weekly gains, with the first week of March notably coming in with respective New York and London increases of 5.2% and 7.0%.
For current prices, New York silver futures for May delivery ended at $17.38 an ounce on Friday, soaring 86 cents this week. London silver was fixed at $17.25 an ounce, surging $1.13 cents since last Friday. Read More...
US Mint Sales: Disabled Veterans for Life Silver Commemoratives Debut Strong
March 3, 2010 by Darrin Lee Unser · Leave a Comment
The latest United States Mint weekly sales report is published and the newly released 2010 Veterans Disabled for Life Silver Commemorative Coins take center stage.
98,358 silver dollars were sold, according to the US Mint's latest stats. And those numbers are for three days only -- between their Thursday noon launch to Sunday. Buyers preferred the proof to the uncirculated version by a more than 2-1 ratio, as the below table reflects. Read More...
2009 American Silver Eagles Smash Record, Top 30 Million
March 1, 2010 by Silver Coins Today · Leave a Comment
US Mint 2009-Dated Silver Eagles Smashed Record, Topped 30 Million
The U.S. Mint wrapped up its accounting for 2009 American Eagle Silver Coins. The latest numbers are nothing short of impressive. Authorized buyers snapped up a record 30,459,000 of the .999 fine bullion coins.
That is nearly 9.9 million more than the previous record which was set only a year earlier with the 2008-dated Silver Eagles. Those reached 20,583,000. Read More...
U.S. Mint Short on Savvy, not Supply
March 1, 2010 by Tarek Saab · 3 Comments
At the writing of this article, the first week of March 2010, the United States Mint is once again facing an extended "shortage" on silver American Eagles. Surprising? Hardly. This has become a regular phenomenon.
The U.S. Mint strikes a beautiful coin which is coveted by nearly all precious metals enthusiasts. Its gold and silver Eagles are industry staples, and every major dealer gladly promotes and sells these coins to its client base. But aspiring entrepreneurs take note: The United States government has never, and will never, run a business well. The U.S. Mint joins rarified air with the other ne'er-do-wells from the Federal Reserve and the U.S. Postal Service in an unrivaled trio of mediocrity. Read More...
Silver Prices End Higher Through Final Three Weeks in February
February 27, 2010 by Silver Coins Today · Leave a Comment
Silver prices ended on stronger notes through the final three weeks of February after having tumbled nearly 20% during the three prior weeks, and by more than $1 in the first week of the month alone.
Despite gold declining slightly over the past week, silver -- which often follows the yellow metal -- was higher in both New York and London with respective weekly gains of 0.7% and 1.1%. Read More...
US Mint Issues Disabled Veterans Commemorative Coins
February 25, 2010 by Silver Coins Today · Leave a Comment
2010 American Veterans Disabled for Life Silver Dollars are now available. The United States Mint today at noon ET opened ordering for these special commemorative silver coins honoring disabled veterans who selflessly served in the armed forces, and paid an enormous personal sacrifice in so doing.
During an introductory period lasting through to March 29, 2010, until 5 p.m. ET, collector proof and uncirculated silver $1s will be available for $39.95 and $33.95, respectively. Prices will increase after to $43.95 and $35.95. Read More...
US Mint Sales: 2010 American Silver Eagles Top 5 Million
February 24, 2010 by Silver Coins Today · Leave a Comment
2010 American Silver Eagle bullion coins were stuck for a week at 1.25 million for the month of February. That changed Wednesday afternoon when United States Mint sales figures showed that they popped up another 800,000.
With the 2,050,000 in February added to the 3,225,000 purchased in January, 2010-dated Silver Eagles have topped 5 million for the year. The exact number comes in at 5,275,000. Read More...
Australian Leafy Sea Dragon Silver Proof Coin
February 23, 2010 by Darrin Lee Unser · Leave a Comment
The 1/2 oz Silver Proof Leafy Sea Dragon coin marks the second issue in the Australian Sea Life series. Available now from the Perth Mint, each coin provides a glimpse into the beautiful underwater world surrounding Australia.
With the land 'Down Under' hosting some of the most pristine reef environments on the globe, it is no wonder that some of the most beautiful and unique creatures known to man would be indigenous to this environment. The Leafy Sea Dragon is just one example. Read More...
Silver Surges for Second Straight Week
February 20, 2010 by Silver Coins Today · Leave a Comment
Silver rallied for a second straight week after plunging nearly 20% during the three prior weeks.
New York silver futures surged ahead 6.3% since last Friday while the fix in London boosted the metal by 4.0% during the same time period.
For the most part, and as imparted last week, silver has been following gold's direction which in turn has headed opposite of the U.S. dollar. Read More...
America the Beautiful Silver Bullion Coins a Production Challenge, Says US Mint Director
February 18, 2010 by Darrin Lee Unser · Leave a Comment
With only a few months before the anticipated release of the first America the Beautiful Quarter honoring Hot Springs National Park, the United States Mint appears to be struggling with production issues regarding the companion silver bullion series.
Dictated by the same law that authorized the quarters, the US Mint is required to produce five-ounce silver strikes in a three inch diameter for, which they have dubbed, the America the Beautiful Silver Bullion Coin Program. These coins will feature the same design as the 25-cent pieces with the exception of the bullion coins' weight and fineness being incused on the plain edge (quarter edges will be reeded). Read More...
US Mint Sales: Silver Eagles Strolling at 1.25 Million
February 17, 2010 by Silver Coins Today · Leave a Comment
With the United States Mint headquarters closed down due to winter storms during the first four business days of last week, coin sales were not reported last Wednesday. This week's report, therefore, includes two weeks worth of data instead of the normal one. Read More...
2010 Commemorative Silver Dollar Prices: Boy Scouts and Disabled Vet Coins
February 17, 2010 by Silver Coins Today · Leave a Comment
The United States Mint has published the prices for its two 2010 Commemorative Silver Dollar Coins. As it has done in the past, the US Mint will offer reduced, introductory pricing.
The 2010 American Veterans Disabled for Life Commemorative Silver Dollar launches first on February 25, 2010, in proof and uncirculated conditions for $39.95 and $33.95, respectively. Those prices will be available through to March 29, 2010, when it will be offered at the regular prices of $43.95 and $35.95.
The 2010 Boy Scouts of America Centennial Silver Dollar will launch on March 23, 2010, with the same coin options and at the same prices. The intro pricing lasts through April 22, 2010. Read More...
