Medal of Honor Silver and Gold Coins in 2011

Legislation authorizing the US Mint to strike up to 500,000 $1 silver coins and 100,000 $5 gold coins was signed into law by President Obama on Friday, November 6, 2009. Known as the Medal of Honor Commemorative Coin Act, the coins will be struck in 2011 to mark the 150th anniversary since the creation of the Medal of Honor in 1861.

The Medal of Honor is awarded "in the name of Congress" by the President of the United States to members of the military who have shown extreme courage in the face of almost certain death, above and beyond the call of duty. Due to the requirements for the Medal, most recipients are honored with it posthumously. Read More…

Austria Railway of the Future Silver Coins Issued

The Austrian Mint has created another beautifully detailed piece to conclude its six coin 20-euro Austria Railways Commemorative Series. The Railway of the Future silver coin exemplifies the attention to detail that has caught the eye of many numismatists around the world. Read More…

Silver Prices Volatile During the Week

Silver was volatile this week. Daily prices took turns at large swings of ups and downs. In the end, New York silver as virtually unchanged for the week while London silver fell 20 cents. Specific figures follow.

New York silver futures for December delivery ended at $17.380 an ounce on Friday for a half penny weekly increase.

London silver came in at $17.323 an ounce, retreating 1.2 percent from last Friday’s fix. Despite the loss, it has gained $6.533 or 60.5 percent this year following the closing price of $10.79 an ounce on Dec. 31, 2008.

"Silver is really struggling to keep up with gold at the moment because this is a gold story, it is not a silver story," RBS analyst Stephen Briggs said. "Silver is only a geared play on gold, its own fundamentals are not great. If it weren’t for the ETF buying the market is in surplus."

London precious metal weekly prices follow: Read More…

2009 Silver Proof Set Sales Hit 558,388

The 2009 Silver Proof Set not only recovered from its recent dip, but it again garnered the most attention in the realm of numismatic silver products, the latest US Mint weekly coin sales reveal. Read More…

Braille Commemorative Silver Dollars Sales End Dec. 11

All United States Mint product options for commemorative Braille Silver Dollars will go off sale on Dec. 11 at 5:00 PM ET, the Mint announced last week. Read More…

2010 Australian Centenary of Flight Silver Proof Coin Debuts

Harry Houdini is a name almost synonymous with magic and stunt acts, but few are aware that he was also a pilot in the early days of aviation. In fact, he is attributed with being the first individual to obtain sustained flight in the country of Australia. That is why the Perth Mint has released the 2010 Australian Centenary of Flight Silver Proof Coin. Read More…

2010 Mount Hood National Forest Silver Coin Recommendations

Mount Hood National Forest in Oregon is the fifth and final site to be commemorated in 2010 through the America the Beautiful Quarters Program and the America the Beautiful Silver Bullion Coin Program.

These eleven year commemorative coin series will result in companion 56 circulating quarter-dollar and silver bullion coins with reverse designs emblematic of a selected site in each state, the District of Columbia and U.S. territories — Puerto Rico, Guam, American Samoa, the U.S. Virgin Islands and the Northern Mariana Islands.

The silver coins will be duplicates of each quarter, with the exception of size and edge. The 2010 Mount Hood National Forest Site Silver Bullion Coin will weigh in at five-ounces of .999 fine silver and have a diameter of three inches, which is double the size of early US coinage. The edge of the coin will be incused with the fineness and weight. Read More…

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