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Mint Statistics: Bullion buyers turn up noses at gold Eagles

Bullion Eagles are crashing. February sales took a sharp fall. Silver American Eagles in the month saw sales drop by 75 percent from February 2016. The 1,215,000 number compares to 4,782,000 a year ago. Gold Eagles dropped, too, but by … Continue reading

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Any tampering was counterfeiting

Did our early laws make a distinction between counterfeit coins and altered coins? The attitude of early lawmakers seemed to be that any spurious pieces of whatever ilk were bad. Accordingly, the law as laid down in Massachusetts in 1786 … Continue reading

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Are Eagle sales sending us a signal?

Silver and gold buyers probably remember the year 2016 as the year of two markets. The first half of the year saw precious metals go up and up. They had racked up huge gains by the beginning of July. Then … Continue reading

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Flood of commemoratives hurt Roanoke half sales

Perhaps plans should not have been made for commemorative coins in 1937. Poor sales were likely regardless of subject matter, because there had been far too many issues the previous year. Back then, however, the relationship between too many issues … Continue reading

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Metal prices affect common dates

What is the true impact of the spot price of precious metals on the value of our previously circulating silver and gold coins? A majority of the circulation strike gold and silver coins are common, due either to their date … Continue reading

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Viewpoint: Questions posed to ANA candidates

By Robert Matitia At the American Numismatic Association’s candidate forum March 10 at the National Money Show in Orlando, Fla., I would direct the following questions. To Mike Ellis, I would ask: What is your beef with PNG? It seems … Continue reading

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Anyone buying circulated Mercs?

This week’s letter section has a submission from a reader suggesting that the 1916-D Mercury dime is an overvalued coin. I look forward to seeing how readers react to this opinion. In circulated grades, it certainly might be. When I … Continue reading

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Mint Stats: Snooze fest only term for this week’s sales

What do you make of a week when the most exciting sales number at the U.S. Mint is the 3,698 additional 2016 uncirculated coin sets that were sold? Dull, right? Nevertheless, there simply was not much excitement. The silver proof … Continue reading

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1869-S dimes possess interesting past

It’s amazing to consider how many stories there are regarding lost or missing coins. There are also numerous stories about coins that suddenly appear in places where they should not be. One of these stories involves the 1869-S Seated Liberty … Continue reading

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West Point called Fort Knox of silver

The U.S. Mint facility at West Point is recognized today as an official U.S. mint. Are gold and silver still stored there as well? The West Point Bullion Depository was known as “The Fort Knox of Silver” when it first … Continue reading

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