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First day count is: 36,686

Only 13,314 $100 High Relief one-ounce gold coins remain after the first day of sales. The U.S. Mint said buyers nabbed 36,686 pieces yesterday, putting the coin on backorder until Oct. 1 for those who enter an order on the … Continue reading

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Demand high for Eagles and High Reliefs

The race for the title of silver American Eagle best sales month of 2015 comes down to the final day – and it could hardly be closer. With sales of 197,500 of the popular bullion coins yesterday, the Mint has … Continue reading

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35,000 High Reliefs sold

Collectors like the new High Relief $100 gold coin. The Mint reports 35,000 sold of a possible 50,000 maximum. The Mint website says the coins are currently unavailable, though a Mint spokesman said the website will be updated in the next 24 … Continue reading

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Silver dimes or magic beans?

Have you seen articles recommending that when you buy precious metals that you should get some of the smaller sizes to use to make purchases after the U.S. dollar goes to the final resting place of all fiat currencies? I have. It … Continue reading

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Got your cash ready?

Mass marketer or niche product producer, the Mint bounces back and forth between these two very different marketing approaches like a circus performer on a tightrope. Yesterday, from its mass marketing pole, the Mint set off and sold another 1,221,500 … Continue reading

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When will Mint run out?

Silver American Eagle one-ounce bullion coins were put back on sale by the U.S. Mint yesterday. The Mint had run out of the coins in early July. It took almost three weeks to build up a supply of 3 million … Continue reading

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Protect their gold

Government overreach is not a problem that happens only in the United States. The latest example of this is in Germany with a proposed amendment to its Protection of Cultural Heritage law. Alarmed, Ursula Kampmann of CoinsWeekly has spearheaded an … Continue reading

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Silver decline makes me think of quarters

Is the sagging price of silver becoming a sore point for anyone? When I checked the Kitco website this morning, silver was trading for $14.46 a troy ounce. This is down from roughly $48 in April 2011. At today’s price, … Continue reading

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Send your check now

Private firms offering numismatic items to people who know nothing about the field have been commonplace for many years. Every so often a reader will send me examples of these offers for my information. Yesterday two such communications came my … Continue reading

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About the box

Many collectors have ordered coins from the U.S. Mint over the years and upon receipt simply stored them in the original mailer. I have done that, especially with commemorative coins. There really is no album for them, so they end … Continue reading

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