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- Letters to the Editor (May 9, 2017) P’ cents came to reader just as he learned of them Back in early March, while on my lunch break, I brought my copy of Numismatic News into the Westbury McDonald’s here on Long Island, N.Y., to read as I would be eating my two cheeseburgers and fries. While online I glanced at your publication to ...
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Tag Archives: bullion coins
Last year the U.S. Mint sold nearly 40 million one-ounce silver American Eagle bullion coins. The silver American Eagle is in the top rank of the world’s silver bullion coins. Also in 2011, the Mint sold just over 400,000 5-ounce bullion coins. That is roughly 1 percent of the Eagle number, or 5 percent if you choose to figure it according to weight. Continue reading
Could the silver American Eagle bullion sales total in 2012 actually come in lower than the 2011 number of nearly 40 million? If the first few weeks of 2012 are any indication, it could. Continue reading
A mintage of 126,700 for each of the 2011 5-ounce silver America the Beautiful bullion coins sounded good at the start, but with sluggish sales this past year, the U.S. Mint has decided to slash output in 2012. Continue reading
It’s almost hard to remember the frenzy as collectors scurried to get the first 5 ounce America the Beautiful silver coins just two years ago. At its peak, the first five coins in the bullion series sold for nearly $5,000 a set. Continue reading
By Jan. 9, sales by the U.S. Mint of 2012 silver bullion American Eagle coins to its Authorized Purchasers totaled 4,257,000 coins. Continue reading
On Jan. 1 Japanese bullion dealers were required to start reporting bullion sales in excess of 2,500 yen, or about US $3,000, to the government. The fear of this new rule and threat of a new tax were enough to cause widespread liquidation by the public. Japanese bullion dealers were reportedly swamped Continue reading
The sellout magic very obviously has departed from the America the Beautiful 5-ounce program. Sales of the 2011-P uncirculated collector versions of the Gettysburg and Glacier coins are just crawling along. The three 2011 bullion coins still available saw no additional sales at all this week. Continue reading
Collectors can sometimes be very predictable. This week, the first sales total for the 2011-W uncirculated collector silver American Eagle goes in its place further down on this page. The 184,967 pieces sold since it went on sale Sept. 15 seems to be on the strong side until you compare it to the first sales of the proof version. Demand for the uncirculated coin is running at approximately half the rate recorded by the proof in its first few days after it went on sale June 30. That’s a standard collector demand pattern when there are no special factors distorting basic preferences. Continue reading
After a two-year absence in 2009 and 2010, the uncirculated collector version of the silver American Eagle will return to the Mint’s lineup Sept. 29. The coin is neither the regular bullion coin version struck at West Point without a mintmark, nor a proof version struck with a “W” mintmark. Continue reading
Buyers of the 2010 Mount Hood 5-ounce silver uncirculated collector coins were a little less eager than purchasers of the previous designs during the first few days they were available. Sales began July 28 and as of the Aug. 1 weekly Mint statistical report the quantity purchased stood at 14,759. The maximum number available is 27,000, the same as for the prior four 2010 designs. Continue reading