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Letters to the Editor
- Letters to the Editor (May 16, 2017) No luck cashing Travelers Cheques on vacation Karl Malden actually admonished people not to leave home without American Express Travelers Cheques. A few years ago, I took a few leftover Travelers Cheques on vacation with me and could not get anyone to cash them. A few hotel clerks did not even know what they were. I ...
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October gold bullion coin demand was very strong. The front page story lays out the particulars for the one-ounce Eagle, but the monthly chart below spells out the sales figures for the tenth-, quarter- and half-ounce sizes as well. Total … Continue reading
Demand for gold American Eagles is on fire. For the one-ounce bullion Eagle, it will take sales of just 3,500 more in the last few days of October to equal the top selling month of the year, which was April. … Continue reading
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
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