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Letters to the Editor
- Letters to the Editor (August 2, 2016) Marks’ statement on Liberty medal not official The front page story, “Silver medal marks Liberty’s return” (Numismatic News, July 12) reports that I “announced details of the 2016 American Liberty silver proof medal June 15.” That statement came as quite a surprise to me. Although I had the past honor to serve as the chairman of ...
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Is it a coincidence that the week we report that the issue price of the gold Standing Liberty quarter dropped from $485 to $472.50 that the running sales number also fell? Buyers of expensive gold coins know when prices are … Continue reading
Buyers continue to show high interest in coins made of gold. Collectors grabbed another 4,029 100th anniversary Standing Liberty quarters. The total now stands at 79,367. Maximum mintage is 100,000. Bullion buyers made September the third most active gold Eagle … Continue reading
There are two big surprises in this week’s numbers. The first is a big gain by the gold Standing Liberty quarter. With the household order limit removed, the door was opened to multi-coin buyers. The result was a huge gain … Continue reading
Gold Standing Liberty quarters appear on the second page of Mint Statistics for the first time. They go on the board with sales of 53,378. That is far short of the 100,000 available. As if in sympathy, the sales total … Continue reading
Since we cannot talk about a sellout of the gold Standing Liberty quarter, how about talking about yesterday’s sellout, or to be more precise, the Aug. 23 sellout of the silver Liberty medal? Some orders didn’t work out. There was … Continue reading
Can you believe it? For a third month in a row, sales of silver bullion American Eagles declined. Admittedly, the decline is small, just 90,000 pieces. The Mint sold 1,280,000 coins in August to its Authorized Purchasers, compared to 1,370,000 … Continue reading
World Coin Clinic By Richard Giedroyc • Can you explain what an adjustment mark is? Adjustment marks are visible scrapes on the planchet made prior to the coin being struck on that planchet. They were made to reduce the weight … Continue reading
Until precise numbers are offered by the Mint, I provisionally have put sales numbers for the “S” and “W” silver Liberty medals at 12,500 each on the opposite page. As the front page explains, they sold out in less than … Continue reading
Europeans take the month of August for vacation. Perhaps silver bullion American Eagle buyers do something similar. Sales in the first half of the month have reached only 380,000 pieces, down substantially from even July’s torpid pace. On the other … Continue reading
Just when you think summertime sales can’t get any drowsier, they do. The Mint closed out the month of July with just 25,000 more one-ounce silver bullion American Eagles sold, making July the month of lowest sales by far in … Continue reading