The Perth Mint of Australia has released the 2012 Australian Olympic Team Three-Coin Set to commemorate Australia's pending participation in the London 2012 Olympic Games. Included in the set are three unique coins with one struck from 10g of 99.99% pure gold, one struck from 1/2 ounce of 99.9% pure silver and one struck from aluminum bronze.
The 2012 Australian Olympic Team Three-Coin Set is available for AUS $1,495.00 directly from the Perth Mint. The single 10g Gold Proof Coin is available separately for AUS $1,390.00. [click to continue…]
The United States Mint indicated that new products would be released in 2012 in association with the commemorative coins planned for the year. In addition, the price points of those products as well as the individual coins are now known.
Special commemorative coin packaging or multi-coin sets associated with commemorative strikes have not been issued by the US Mint since 2009 such as the 2009 Lincoln Coin and Chronicles Set. However, that is going to change with the pending 2012 Commemorative Coin releases. [click to continue…]
The Royal Canadian Mint has released two new strikes celebrating the Year of the Dragon taken from the Chinese Zodiac. Both the Year of the Dragon 1/10 Oz Gold Coin and the Year of the Dragon 1/2 Oz Silver Coin showcase the same reverse design of the mythical creature and are available now for ordering.
Use of the Chinese Zodiac dates back millennia and features twelve creatures each representing a different year of a twelve year cycle that repeats. Of those creatures, the dragon is believed to be the mightiest and occupies the fifth position of the Zodiac. [click to continue…]
The United States Mint has indicated that the 2011 American Eagle Gold Uncirculated Coin has attained a sell-out. Effective January 17, 2012, the coins were moved to the "No Longer Available" section of the Mint's online store.
2011 American Eagle Gold Uncirculated Coins are a collector version of the highly popular American Eagle Gold Bullion Coins. However, unlike its 2011 bullion counterpart which sold a total of 1,000.000 ounces worth, the Uncirculated Gold Eagle may go down in the record books as the Gold Eagle with the lowest mintage in the history of the program. [click to continue…]
The Perth Mint of Australia has issued three new gold coins as part of the year long celebration of the Year of the Dragon. These new 2012 Year of the Dragon Gold Coins depict the Chinese characters of Fu, Lu and Shou on their reverse, symbolizing the concepts of Prosperity, Longevity and Success.
Each of the three coins is struck from 1/5 ounce of 99.99% pure gold. The Prosperity Gold Coin is available individually or in a two or three coin set. The Longevity Coin is included as part of the two-coin set with the Success Coin added to the other two for the three-coin set. [click to continue…]
The United States Mint will begin accepting orders for the 2012 bullion Gold and Silver Eagles tomorrow, January 3rd, 2012 from its network of authorized purchasers (APs). The announcement of the debut of the 2012-dated coins was made in a memo last week to the APs and also included additional details as well as alluded to anticipated sufficient supplies of the bullion Eagles.
Bullion Gold Eagles and Silver Eagles are not sold directly to the public. Instead, they are offered in bulk to a network of authorized purchasers who pay a small premium above the current spot price of the precious metals contained within the coins. The APs then resell them to coin and precious metal dealers and the public for an additional premium above spot. [click to continue…]
The United States Mint stopped selling the 2011 Commemorative Coins at 5PM on Friday, December 16, 2011 in order to allow it time to insure all orders for the strikes were completed before the end of the year. As required by law, the coins could no longer be sold after 2011.
Now that the coins are no longer being sold, we have an idea of what the mintages will be on the ten different varieties of commemorative coins struck during the year by the US Mint. These numbers are not final and may be adjusted based on returns, and accounting corrections, but they are taken from the US Mint's sales figures released early last week (with sales shown through December 19, 2011).
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Sales of the 2012 American Eagle Gold Bullion Coin and the 2012 American Eagle Silver Bullion Coin will begin on Tuesday, January 3, 2012 according to the United States Mint. On that date, the Mint will begin accepting orders for the bullion Eagles from its network of Authorized Purchasers.
The Authorized Purchasers (APs) are responsible for the distribution of US Mint bullion products. They place bulk orders for the coins from the US Mint based on the market prices of the precious metals they contain plus a small premium to cover the Mint's production costs. Following receipt of the coins, they then resell them to coin and precious metal dealers as well as the public for a slightly larger premium over current market values. [click to continue…]
The United States Mint this week introduced the designs for the upcoming 2012 Star-Spangled Banner Commemorative Coins. Released as part of the program will be $5 gold coins and silver dollars, both struck to proof and uncirculated conditions.
Congress authorized the series as part of the Star-Spangled Banner Commemorative Coin Act (Public Law No: 111-232) that was signed into law by President Obama on August 16, 2010. Each strike was to feature designs "emblematic of the War of 1812 and particularly the Battle for Baltimore that formed the basis for the Star-Spangled Banner" according to the authorizing law. [click to continue…]
The United States Mint will cease offering the 2011 Commemorative Coins on Friday, December 16, 2011 beginning at 5PM Eastern Time. Affected US Mint products include six 2011 U.S. Army Commemorative Coins and four 2011 Medal of Honor Commemorative Coins.
The US Mint forewarned of the end date for sales back in October when it placed the affected products on a "Last Opportunity" section of its online store. By law, the US Mint cannot issue the coins past December 31, 2011 forcing an earlier end to their sales to allow time for order processing and related issues. [click to continue…]