US Mint Silver Coins, Eagles Slow in Thanksgiving Sales Week

Black Friday excitement did not translate into higher sales for silver coins, according to the latest figures from the US Mint weekly sales report. Demand for silver coins was down for all but one product. Read More…

Great River Journeys Silver Coin Set

For those looking for a way to travel the world from the comfort of their coin collection, the Perth Mint has released a new five coin set allowing just that. Each colorized coin of the Great River Journeys Silver Proof Coin Set features a different river from around the globe. Read More…

Silver Prices Fall from ’09 Highs

Silver prices retreated from 2009 highs this week as the metal fell 2.4 percent in London and 0.7 percent in New York.

New York December silver futures closed Friday to $18.302 an ounce, marking a 13.8 cent loss.

London silver was fixed at $17.74 an ounce, falling 44 cents for the week. Despite the loss, the metal is up $6.95, or 64.4 percent from the $10.79 London price set on Dec. 31, 2008.

"Silver continues to be worrisome," Ned Schmidt’s updates in the Value View Gold Report states. "If the gold move was real, silver should be considerably above $20. It is not, and the problem is not with Silver. The problem is what is happening in gold. Quite simply it seems that traders are shunning Silver in order to play in gold. If you can have lots of fun in one sandbox, why go play in another?"

London precious metal weekly prices follow: Read More…

US Mint Silver Coin Sales: Eagles 7,000 Shy of 26 Million

2009 American Silver Eagle sales were less than impressive at the start of November, but they quickly warmed after silver prices reached year highs. The eagles now look to be the talk of the month. Read More…

Australian Lunar Silver 2010 Year of the Tiger Coins

Few objects relating to man can be traced back millennia, but the Chinese Lunar Calendar is one such example. Fine tuned through the years, the calendar has been linked to animals as a mnemonic aid in remembering the twelve cycles. The year 2010 is to be the Year of the Tiger. In recognition of this, The Perth Mint of Australia has released a collection of tiger silver coins. Read More…

Silver Prices Surge 6.1% in NY and 5.0% in London, 2009 Highs Hit

Silver prices soared this week as the metal followed the path of rising gold. 2009 highs were reached on Wednesday, before easing back yet still earning respective weekly increase in New York and London of 6.1 percent and 5.0 percent.

New York silver futures for December delivery ended at $18.44 an ounce on Friday to register a $1.06 weekly increase. Prices reached an intraday peak of $18.855 on Wednesday, which was the highest level since July 2008. Read More…

2009 Silver Eagles Top 25,000,000

The newest United States Mint sales figures indicate collectors are paying more attention to silver coins. Only two silver numismatic products failed to outperform their prior week numbers. And while bullion 2009 American Silver Eagle sales softened slightly in the last seven days, they did top 25,000,000 for the year and reinforced their dominance. Read More…

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