2010 Grand Canyon National Park Silver Coin Recommendations

2010 kicks off a new series of quarters that will celebrate US national parks and national sites. The program of America the Beautiful Quarters will feature five rotating reverse designs each year until at least 2021.

In addition to the quarter-dollars, the United States Mint will also issue bullion five-ounce, .999 fine silver coins with designs that are duplicates of the quarters. The bullion coins will obviously be larger due to their weight. Their three inch diameter will actually make them double the size of early US silver coins, like the Morgan silver dollars.

The fourth quarter issued next year will commemorate the Grand Canyon in Arizona. Companion to it and also honoring the site will be the 2010 Grand Canyon National Park Silver Bullion Coin.

The US Mint has already created four differing coin design candidates emblematic of the park. These were submitted to the Citizens Coinage Advisory Committee (CCAC) and the United States Commission of Fine Arts (CFA) — organizations tasked to review US coinage and medals designs and offer their recommendations to the Secretary of the Treasury, who is ultimately responsible for the final selection. Read More…

2010 Yosemite National Park Silver Coin Recommendations

2010 will feature a new series of commemoratives quarters with five rotating reverse designs depicting national parks and national sites. Along with these quarter-dollars the United States Mint will issue duplicate silver versions as part of the America the Beautiful Silver Bullion Coin Program.

The 2010 Yosemite National Park Silver Bullion Coin will complement the third quarter to be released next year. In contrast to the quarter however, the silver version will be much larger — a massive three inches in diameter, or more than twice the size of today’s American Silver Eagle with its 1.598 inch diameter.

Additionally, the silver coins will weigh an incredible five ounces and are to be struck from .999 fine silver. Both the weight and fineness will be edge-incused. Read More…

2010 Yellowstone National Park Silver Coin Recommendations

The Yellowstone National Park Quarter will be the second quarter-dollar issued next year as a part of the America the Beautiful Quarters Program. Accompanying it to help celebrate the historic park in Wyoming will be a silver coin with a duplicate design, but much larger in size.

The 2010 Yellowstone National Park Silver Bullion Coin will be struck in five ounces of .999 fine silver and have a three inch diameter. That is double the size of early US silver coins, like the Peace Dollars, and nearly twice that of today’s one-ounce American Eagle Silver, which is 1.598 inches in diameter.

Coin designs have already been created for the 2010 quarters, and therefore also for the silver bullion versions. Three designs were created by the United States Mint that are emblematic of Yellowstone National Park.

As a part of the minting process, these candidates were submitted to the Citizens Coinage Advisory Committee (CCAC) and the United States Commission of Fine Arts (CFA) for review. Read More…

2010 Hot Springs National Park Silver Coin Recommendations

As companions to next year’s America the Beautiful Quarters, the United States Mint will strike "duplicate" silver bullion versions in .999 fine silver that are three inches in diameter and weigh five ounces.

First up for release is the Arkansas 2010 Hot Springs National Park Quarter. But reverse designs for all of the 2010 coins honoring national parks and national sites have already been created and submitted by the US Mint for review.

As part of the design selection process, four coin design candidates for Hot Springs National Park were provided to two organization for input. The first of these is a relatively new body called the Citizens Coinage Advisory Committee (CCAC), which was authorized by Congress in 2003 and consists of eleven members. The second group to provides input on coin design is the United States Commission of Fine Arts (CFA), which consists of seven members and has been around since 1910. Read More…

Girl Scouts Silver Commemorative Coins in 2013

The US Mint will issue up to 350,000 silver commemorative coins in 2013 thanks to the Girl Scouts USA Centennial Commemorative Coin Act, which President Obama signed into law on Oct. 29.

The act, which was introduced as House Resolution 621 by Rep. Jack Kingston, enjoyed bipartisan support. A companion bill in the Senate, S. 451, was introduced by Sen. Susan Collins guaranteeing quicker recognition in both chambers.

When Congress passed the legislation, its clearance to become law was a foregone conclusion, and only a matter of scheduling for the President to sign. It will now be noted as Public Law 111-86. Read More…

Weekly Silver Prices Rally to 6.9% in NY and 5.8% in London

In a continuation of the seesaw silver prices we discussed last Saturday, a fresh rally has tilted silver significantly higher — to the tune of weekly gains of 5.8 percent in London and 6.9 percent in New York.

New York silver futures for December delivery closed to $17.375 an ounce on Friday, dipping 3.5 cents. However, the metal still soared $1.12 higher on the week.

London silver was set to $17.525 an ounce, jumping 95 cents on the week. The metal retreated on Tuesday to $16.35, but quickly recovered with successive daily gains through to week’s end. London silver is up $6.735, or 62.4 percent this year.

"Silver has proven itself, time and again, to be a safe haven for investors during times of economic uncertainty and, as such, with the current economy in difficulty the silver market has become a flight to quality investment vehicle," writes Lorimer Wilson on SilverSeek.com in an article entitled Current Gold:Silver Ratio Screams: Buy All Things Silver! "Silver has considerable upside potential short term (to $22), medium term (to $32) and long term (to $51 and beyond)."

"I believe we are about to see some temporary carnage in the stock and commodities markets, and that will deeply affect silver prices," writes Avery Goodman on Seeking Alpha in an article entitled Silver Prices Are About to Fall. "I may be overly pessimistic, but, based on charts I’ve examined, the way I see things, silver prices could temporarily fall to $11 per troy, again, or even lower, before March 2010."

London precious metal weekly prices follow: Read More…

UK 40th Anniversary 50p Silver Proof Collection

Celebrating the introduction of a revolutionary new coin four decades ago, the Royal Mint has released the 2009 UK 40th Anniversary 50p Silver Proof Collection. The 50p coin made history in 1969 by becoming the first seven-sided coin struck for mass circulation. Read More…

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