Tag: Federal Reserve Bank

Gainesville Coins Market Update: May 22-29, 2015

Gainesville Coins Market Update: May 22-29, 2015

The volatility of global equities was on the rise this week, with significant sell-offs on the major stock exchanges in the U.S. (Tuesday) and China (Thursday). This coincided with a downward revision of first-quarter GDP amid an array of other disappointing economic data in the States. Funds continued to crowd into the bond markets, though […]

United States Mint Goes to Three-Shift Operations

United States Mint Goes to Three-Shift Operations

The United States Mint announced today that circulating coin production at its Philadelphia and Denver facilities are temporarily converting from two-shift to three-shift operations to accommodate an increase in production requirements. The Mint manufactures new coins to supplement Federal Reserve Bank coin inventories. Each month the Federal Reserve places orders for new coins and provides […]

By May 28, 2015 1 Comments Read More →
Gainesville Coins Market Update: March 23-27

Gainesville Coins Market Update: March 23-27

It was a solid week for the precious metals, which all advanced (excepting palladium) on mounting geopolitical risks and deceptive rhetoric from the Federal Reserve. Equities in the U.S., Europe, and even Asia pulled back this week on uncertainty over the strength and health of the global economy. By Gainesville Coins…. GOVERNMENT & POLICY The […]

The Real Diehl: The Inside Story of the Sacagawea Dollar, Part II

The Real Diehl: The Inside Story of the Sacagawea Dollar, Part II

The Real Diehl is a weekly column by former United States Mint Director Philip N. Diehl, exclusively for CoinWeek ……….. This is the third in a series of articles in which I give readers an insider’s view of how Washington, DC, works (and doesn’t work) from my perspective as director of the U.S. Mint.   The story of the Sacagawea […]

500 1882 Gold Certificate May Bring $2 Million At FUN Currency Signature Auction

500 1882 Gold Certificate May Bring $2 Million At FUN Currency Signature Auction

The only Fr. 1215d $500 1882 Federal Reserve Gold Certificate known to exist other than a specimen in the public collection at the Smithsonian Institution is expected to bring $2+ million in Heritage Auctions’ Florida United Numismatists Currency Signature Auction Jan. 8-10 and Jan. 13 in Orlando, Fla. It comes from the estate of a […]

Is Germany Ready To Repatriate Its Gold Reserves?  What Gold Reserves?

Is Germany Ready To Repatriate Its Gold Reserves? What Gold Reserves?

By Patrick A. Heller…. Commentary on Precious Metals Prepared for CoinWeek.com   On January 14, the German publication Handelsblatt reported that Germany has become serious about repatriating significant amounts of its gold reserves held outside of the country, primarily at the Federal Reserve Bank of New York. According to the Bundesbank, out of 109 million ounces of […]

 
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