![]( "2010 American Veterans Disabled=")
The US Mint continues to realize a decent demand for the recently released American Veterans Disabled for Life Silver Dollars which are available in both proof and uncirculated versions.
Debuting on February 25, 2010, the coins immediately surpassed many expectations by selling a very respectable 98,358 in only three days. 66,209 of those were proof and 32,149 were uncirculated, showing that collectors are preferring to purchase the slightly higher priced coin by over a 2 to 1 ratio.
Sales remained at a steady level over the next week with an additional 24,784 of the proof purchased and 8,692 of the uncirculated. This brings the total sold so farto 90,993 proof and 40,841 uncirculated, or a total of 131,834. [click to continue…]
The US Mint released figures on the 2009 American Eagle Silver Coins that were not much of a surprise to collectors and investors. That is not to say that they were dis-appointing, in fact, far from it!
According to the Mint, 30,459,000 of the 2009-dated bullion coins were purchased. This massive number smashes the previous record holder created just the year before with the 2008-dated coins. For that year 20,583,000 were sold, which at the time was impressive in and of itself.
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Throughout the course of American history, millions of individuals have answered their country's call for military service during peace-time and war. Unfortunately, during that service, many have been wounded.
The United States Mint, through an act of Congress, will soon be issuing coins meant to honor those brave heroes. Called the 2010 American Veterans Disabled for Life Silver Dollar, these coins are just a small reminder of the sacrifices many have made for the freedom of the world.
The coins pay tribute to all military members, past and present, who received wounds as a result of their service. Some still carry those scars, while others died after living with the wounds and scars, and then there were those who paid the ultimate price with their life. [click to continue…]
The popularity of the United States' series of 50 State Quarters, issued from 1999 through 2008, probably inspired Japan to launched its most ambitious and most beautiful series of commemorative coins in 2008-commemorating the 47 Prefectures-and the series will run through 2016.
2010 Japanese Prefecture Silver Coin Series
But while the State Quarters were issued in un-circulated condition, made from copper-nickel and issued by the millions, the large Prefecture 40mm. coins are being minted in gem proof quality from 99.9% pure silver, limited to 100,000 of each-and they picture local scenery, flora and fauna, etc. in full color. [click to continue…]
The Perth Mint of Australia is known for their unique coins and their newest release is no exception. The 2010 Australian Koala Silver Coin Series 1oz Gilded Edition shows the quality craftsmanship and attention to detail that collectors have come to expect from the Perth.
A gilded koala coin is not a new concept. The Perth has been issuing them for three years now based on the same design as they feature on their standard 1 ounce silver Koala Coin, which changes annually.
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Demand for the American Eagle Gold and Silver Bullion Coins could certainly be considered elevated according to the January sales figures from the United States Mint.
Even with several hurtles to over-come, the Silver Eagles recorded their best ever sales for the month of January with 3,592,500 sold. The Gold Eagles were not as popular but still managed to rack up 85,000 sold before the month closed out, tagging the seventh best January ever for them.
What makes these numbers more incredible are the factors that actually limited the sales of the coins; one of them being the late release of both bullion Eagles. Due to US Mint production issues, both were only made available on January 19, 2010. Typically, the coins are offered for sale much closer to the first of the year. [click to continue…]
The United States Mint is no longer selling 2008-W Uncirculated American Silver Eagles. While standalone eagles sold out over a year ago (on Jan. 23, 2009), collectors could still purchase them from the US Mint through the 2008 Annual Uncirculated Dollar Set.
But no longer. The uncirculated set sold out on Thursday after being available for nearly 18 months. They were released on August 7, 2008, for a price of $37.95.
One may wonder why they were on sale for so long. In order to focus on the unprecedented bullion coin demand in 2009, the Mint canceled collector proof and uncirculated 2009-dated eagles, as well as the 2009 Annual Uncirculated Dollar Set. With no replacement last year, the Mint simply kept the 2008s on their store shelves. [click to continue…]
The United States Mint sold 2.48 million 2010 American Silver Eagle bullion coins within two days of their Jan. 19 launch, representing more than 8.6% of the total sold as compared to the record-breaking sales in 2009.
Why was there such a significant surge? Eagle demand had built up as a result of their delayed release. Newly dated issues are normally available at the very beginning on January. However, the US Mint decided to continue striking 2009-dated eagles late into last year as a result of high demand, and then sell that inventory until depleted. Their supply was exhausted on Jan 12, which meant buyers had to wait almost an entire week for the 2010-dated silver coins.
Those circumstances along with the desire to own and sell the new issues helped spur demand. Rising silver prices was also a factor. [click to continue…]
Silver prices averaged over $14.50 an ounce for 2009, but this did not stop investors from buying up a record number of 2009 American Eagle Silver Bullion Coins from the US Mint before they were placed on sell-out status by the Mint on January 12, 2010.
According to the latest figures released by the Mint, an astonishing 28,766,500 of the one ounce coins were purchased last year, an increase of 9,183,000 over the amount sold in 2008, which itself was an annual record since the coins were first introduced in 1986. Before this time sales were typically below 10 million a year with only two exceptions, 2002 and 2006, both of which only barely made it above that mark.
Investor demand has been high for all precious metals but what makes the 2009 record even more amazing is the fact that the Mint could not keep up with demand. From January 1, 2009 through June 15, 2009, the Mint had sales of the Eagle Bullion on an allocation program limiting what authorized purchasers could order. Add to that the complete sales suspension of the Eagles for nearly two weeks in late November to early December, and sales over 30 million would have been extremely likely. [click to continue…]
2009 American Buffalo Gold Bullion Coin sales have ended, the US Mint announced on Friday. While the collector or numismatic proof versions are still available -- only the Mint knows for how long -- the inventory of bullion coins is gone, and no more will be produced this year.
"The United States Mint has depleted its inventory of 2009 American Buffalo One Ounce Gold Bullion Coins," said U.S. Mint Director of Public Affairs Tom Jurkowsky to authorized purchasers. "No additional inventory will be made available. As additional information becomes available regarding 2010-dated American Buffalo One Once Gold Bullion Coins, you will be notified."
Unlike coins struck specifically for coin collectors, the US Mint does not sell bullion coins to the public. They are instead offered to Authorized Purchasers who then resell to coin dealers, precious metal providers, and/or directly to the public. (See information on the collector minted 2009 Gold Buffalo Proof Coin.)
The bullion Buffalos first went on sale Thursday, Oct. 15, 2009. By the following Monday, 71,500 had sold, which was nearly 42 percent of the total sold in all of 2008. Despite their late release, by December the 2009 tally broke both the 2008 and 2007 totals. [click to continue…]
