Tag Archives: u.s. mint

Coin demand up for 2012

Coin production is going up in 2012. That might be a big deal for anyone looking for good economic news. A growing economy cannot function without the money the public wants to use to conduct the transactions that comprise their daily lives. The public is demanding more coins for next year, according to Deputy Mint Director Richard Peterson whose news conference Aug. 19 at the American Numismatic Association’s World’s Fair of Money Continue reading

Posted in Articles, General News, News | Tagged , | Leave a comment

Cent leads Mint’s production jump

Production of cents, nickels and dimes were revved up by the U.S. Mint in May even as production of the other denominations slowed or stopped altogether. The result is May’s output of 807.41 million coins outpaced all other months in the 2011 calendar year thus far. Cents set the pace with 440.94 million struck and divided fairly evenly between the Philadelphia and Denver Mints. Continue reading

Posted in Articles, General News, News | Tagged , | Leave a comment

Mint Stats: Slow sales mean summer slump

There were no fireworks in this week’s numbers. Some totals crept ahead by such small amounts that it appears many would-be buyers decided to go off on summer vacation. For example, the uncirculated Army $5 gold piece moved ahead by 11 while the proof advanced by 81. The Medal of Honor commemoratives increased by somewhat larger amounts. Continue reading

Posted in Articles, Features, Mint Stats | Tagged , , | Leave a comment

9/11 medal ready

Will collectors overcome their well-known preference for coins rather than medals? That is the question the Mint hopes will be answered affirmatively June 20 when it places up to 2 million proof 1 ounce silver medals on sale commemorating the 10th anniversary of the Sept. 11, 2001, terrorist attack on the World Trade Center in New York City. Continue reading

Posted in Articles, General News, News | Tagged , , | 1 Comment

2011 platinum Eagles on sale

Sales for the 2011 American Eagle 1 ounce platinum proof coin opened May 26 by the U.S. Mint. This year’s coin features the third reverse design in the six-year Preamble Series. Introduced in 2009, the series explores the core concepts of American democracy by examining the six principles of the Preamble to the U.S. Constitution. Continue reading

Posted in Articles, General News, News | Tagged , , , | Leave a comment

Grant dollar launched May 19

The new Ulysses S. Grant Presidential $1 coin was released May 19, the 148th anniversary of Grant’s Civil War Vicksburg campaign in Mississippi. The United States Mint and the National Park Service hosted a launch ceremony in St. Louis. Continue reading

Posted in Articles, General News, News | Tagged , | Leave a comment

‘S’ecret Eagles

One ounce 2011 American Eagle silver bullion coins minted at the San Francisco Mint went on sale to the U.S. Mint’s Authorized Purchasers for the first time on May 31, but according to the U.S. Mint there should be no distinguishable difference between these coins and those manufactured at West Point. Continue reading

Posted in Articles, General News, News | Tagged , , | Leave a comment

It’s a problem no matter the name

We asked last week whether the Mint was striking too many commemoratives. I found myself winnowing out many of the responses that went beyond commemoratives to say that the Mint was striking too many coins for collectors whether commemorative or any other description. Continue reading

Posted in Articles, Class of '63, Features | Tagged , | Leave a comment

Mint Stats: Small spurt in proof Eagle sales

There was surprising life in the one-ounce gold American Eagle proof number this week. It rose by 2,023. The other sales options just slogged along slowly. Collectors took only 78 of the half-ounce proofs in the past week while they purchased 120 of the quarter-ounce and 319 of the tenth-ounce pieces. The full set saw sales of an additional 441. None of these results looks like a house on fire, but the one-ounce piece has reached the halfway mark in terms of the maximum number that will be available. Continue reading

Posted in Articles, Features, Mint Stats | Tagged , , | Leave a comment