Tag: US Mint

The Coin Analyst: Latest Developments at the U.S. Mint

The Coin Analyst: Latest Developments at the U.S. Mint

by Louis Golino for CoinWeek ……… Update on U.S. Mint Price Increases On March 5 the U.S. Mint’s Michael White, who serves in the Mint’s Office of Public Affairs, provided some clarification regarding the issues discussed in my last column , which concerned the recent increase in premiums on gold and platinum numismatic coins at […]

The Coin Analyst: U.S. Mint Raises Premiums on Precious Metal Coins as Metal Prices Decline

The Coin Analyst: U.S. Mint Raises Premiums on Precious Metal Coins as Metal Prices Decline

by Louis Golino for CoinWeek ……… Last year the U.S. Mint saw its numismatic revenue decline by a third as a result of declining sales of gold and platinum coins due to higher underlying precious metal prices and strained collector budgets because of a still-struggling U.S. economy. Silver coins, on the other hand, continued to be […]

The Coin Analyst: U.S. Mint Sells Out of 2013 Silver Eagles and Keeps Collectors Guessing About Early Numismatic Sell-Outs

The Coin Analyst: U.S. Mint Sells Out of 2013 Silver Eagles and Keeps Collectors Guessing About Early Numismatic Sell-Outs

by Louis Golino for CoinWeek ……… Collecting modern U.S. coins just got a lot more interesting. During the past week there have been a series of rather dramatic developments involving the U.S. Mint, whose origins and implications remain unclear at this point. First, on January 17, just ten days after the opening of sales to its […]

By January 21, 2013 3 Comments Read More →
The Coin Analyst: U.S. Mint Raises Prices on Some 2013 Silver Coin Products

The Coin Analyst: U.S. Mint Raises Prices on Some 2013 Silver Coin Products

by Louis Golino for CoinWeek ……… On January 15 the U.S. Mint  published a notice in the Federal Register announcing new, higher prices for some 2013 silver coin products, including the five-ounce America the Beautiful silver coins, which will now be $244.95 instead of $229.95. The increase amounts to $3 per ounce of silver. The notice […]

By January 16, 2013 2 Comments Read More →
The Coin Analyst: 2012 U.S. Mint Coin Sell-Outs Help Support Modern Coin Market

The Coin Analyst: 2012 U.S. Mint Coin Sell-Outs Help Support Modern Coin Market

by Louis Golino for CoinWeek Modern U.S. coin collectors often seem to have what could be called a Rodney Dangerfield problem. They can’t get any respect from serious numismatists, coin experts, and dealers who specialize in classic coins. They are told that the Mint mainly sells over-priced and over-hyped coins that will only be worth their […]

By January 11, 2013 1 Comments Read More →
Coin Rarities & Related Topics: 1792 Half Dimes, Part 1: Origins and Meaning

Coin Rarities & Related Topics: 1792 Half Dimes, Part 1: Origins and Meaning

A Weekly CoinWeek Column by Greg Reynolds News and Analysis regarding scarce coins, coin markets, and the coin collecting community #144 ….. Two of the five finest known 1792 half dismes will be offered at auction in January 2013 and at least six others will be offered as well. I estimate that just three hundred […]

By December 26, 2012 2 Comments Read More →
The Coin Analyst: U.S. Mint Releases Report on Alternative Metallic Composition for Circulating Coins

The Coin Analyst: U.S. Mint Releases Report on Alternative Metallic Composition for Circulating Coins

by Louis Golino for CoinWeek …… For the first time since 1965 the U.S. Mint has done major research into possible alternative metallic composition and changes in the method of production for all circulating coins with the goal of reducing production costs. The study, which was conducted by an outside metallurgic research consulting company, found […]

By December 17, 2012 8 Comments Read More →
Unusual Items: US Mint ‘Gold Disks’ Made for Oil Payments to Saudi Arabia

Unusual Items: US Mint ‘Gold Disks’ Made for Oil Payments to Saudi Arabia

One of the things we find most exciting about reporting on the numismatic marketplace is coming across those things we either didn’t know beforehand, or finding obscure and unusual numismatic items. Just recently we came across one such item, the Gold Disks produced by the US mint for ARAMCO oil payments to Saudi Arabia after […]

By December 1, 2012 0 Comments Read More →
The Coin Analyst: Overview of House Hearing on The Future of Money: Dollars and Sense

The Coin Analyst: Overview of House Hearing on The Future of Money: Dollars and Sense

by Louis Golino for CoinWeek …… On November 29 the Domestic Monetary Policy Subcommittee of the House Committee on Financial Services, which is headed by outgoing Chairman Ron Paul, held a hearing on “The Future of Money: Dollars and Sense” that examined in detail the issues surrounding the replacement of paper dollars with coins and […]

By November 30, 2012 9 Comments Read More →
The Coin Analyst: Should the U.S. Mint Reissue More Classic Coins?

The Coin Analyst: Should the U.S. Mint Reissue More Classic Coins?

by Louis Golino for CoinWeek …… As I have argued before, the U.S. Mint can learn from other countries’ mints. That does mean we should emulate all their practices, and I am well aware of the differences in the laws that our Mint has to follow, which tend to be more restrictive than those in […]

By November 25, 2012 4 Comments Read More →
The Coin Analyst: Are Low Mintage Collector Coins the New Normal ?

The Coin Analyst: Are Low Mintage Collector Coins the New Normal ?

by Louis Golino for CoinWeek …… In the last couple of years, particularly this year and in 2011, an interesting trend has emerged in modern U.S. Mint collector coins. The trend is that many coin series have seen the emergence of new low mintage key coins. For example, the 2011 Army uncirculated half dollar, which […]

By November 15, 2012 5 Comments Read More →
The Coin Analyst: U.S. Mint News Update

The Coin Analyst: U.S. Mint News Update

by Louis Golino for CoinWeek …… First Spouse coin news Initial sales for the first 2012 First Spouse gold $10 coin have been strong. During the first week the coins were available from the Mint, buyers snapped up 1394 uncirculated coins, and 1808 proof coins for a total of 3202 units, or about 25% of […]

By October 26, 2012 2 Comments Read More →
The Coin Analyst: Don’t Let Frustrating Coin Buying Experiences Cloud Your Judgment

The Coin Analyst: Don’t Let Frustrating Coin Buying Experiences Cloud Your Judgment

by Louis Golino for CoinWeek …… Coin collectors tend to have strong views, especially about the mints and coin dealers with whom they do business. After a bad or frustrating experience, they will often decide not to any more business with that particular company or mint. In certain cases that is perfectly understandable. But unless […]

By October 23, 2012 3 Comments Read More →
The Coin Analyst: U.S. and Perth Mints Respond to Requests for Information

The Coin Analyst: U.S. and Perth Mints Respond to Requests for Information

by Louis Golino for CoinWeek …… I recently contacted the U.S. Mint  and the Perth Mint  in Western Australia for information on some issues that are of great interest to buyers of their numismatic coins, including in particular price increases and mintage levels. The questions for the U.S. Mint deal with the recent increase in prices […]

By October 18, 2012 3 Comments Read More →
The Coin Analyst: Modern U.S. Coin Update

The Coin Analyst: Modern U.S. Coin Update

by Louis Golino for CoinWeek …… 2012 First Spouse series launch On October 2 the U.S. Mint finally announced the long-awaited and eagerly anticipated launch of the first 2012 First Spouse gold coin which honors suffragist Alice Paul. The coin is somewhat controversial because Ms. Paul was not a first spouse, and in previous years […]

CoinWeek Interview with Girl Scouts of the USA (GSUSA) CEO Anna Maria Chavez

CoinWeek Interview with Girl Scouts of the USA (GSUSA) CEO Anna Maria Chavez

by Louis Golino for CoinWeek …… Summary of the creation of the 2012 Girl Scouts commemorative coin program: Oct. 15, 2009 House bill H.R. 621 passed, calls for minting of 350,000 silver dollars, which will be issued in early 2013 Oct. 19, 2009 Senate bill S. 451 passed Oct. 29, 2009 President Obama signed legislation […]

By September 24, 2012 2 Comments Read More →
What If Only 3% of Adults Wanted To Purchase Physical Gold And Silver?

What If Only 3% of Adults Wanted To Purchase Physical Gold And Silver?

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com The general public probably attributes the recent strength in gold and silver prices to a huge surge in demand from a wide swath of the population. That perception is completely false. Bron Suchecki of Australia’s Perth Mint was recently interviewed by the Financial Survival Network. […]

Federal Judge Upholds Verdict – Switt-Langbord 1933 Double Eagles remain the “Property of the Government”

Federal Judge Upholds Verdict – Switt-Langbord 1933 Double Eagles remain the “Property of the Government”

UPDATE: U.S. District Judge Legrome D. Davis has ruled in favor of the United States Government, upholding the decision of a federal court jury in July 2011, stating: “The disputed double eagles were not lawfully removed from the United States Mint and . . . remain the property of the United States” . Joan Langbord […]

By September 10, 2012 1 Comments Read More →
ANA World’s Fair of Money Philadelphia 2012 Opening Ceremony  – Video

ANA World’s Fair of Money Philadelphia 2012 Opening Ceremony – Video

Jeff Shevlin, ANA Executive Director New Executive Director for the American Numismatic Association opens the annual World’s Fair of Money held this year in Philadelphia. He introduces ANA President Tom Hallenbeck who shares some remarks and hands out some awards to volunteers. Deputy Mint Director Richard A. Peterson speaks as well as other ANA dignitaries. […]

United States Mint Press Conference ANA Philadelphia 2012 : Video

United States Mint Press Conference ANA Philadelphia 2012 : Video

Richard A. Peterson, Deputy Director US Mint …….. Richard A. Peterson was named Deputy Director of the United States Mint on January 25, 2011. A member of the Mint team since October 2008, Mr. Peterson served as Associate Director for Manufacturing prior to assuming his current position. Mr. Peterson talks about the status of the […]

By August 14, 2012 0 Comments Read More →
The Coin Analyst: Modern U.S. Coin News Round-Up: San Francisco 70 Sets Rising Fast and New Spouse Queens

The Coin Analyst: Modern U.S. Coin News Round-Up: San Francisco 70 Sets Rising Fast and New Spouse Queens

by Louis Golino for CoinWeek …… San Francisco 70 sets take-off As I suggested might be the case in July , there was significant appreciation potential for graded proof/reverse proof 70 versions of the San Francisco American silver eagle sets from the time we found out that only a portion of the total mintage would […]

The Coin Analyst: America the Beautiful Five-Ounce Silver Coin Sales in 2012

The Coin Analyst: America the Beautiful Five-Ounce Silver Coin Sales in 2012

by Louis Golino for CoinWeek …….. Sales of U.S. mint collector and bullion coin products have generally been trending lower since last year, especially for the 5-ounce America the Beautiful (AtB) silver coins. But the new coin that honors Acadia National Park in Maine is attracting a lot of interest based on the latest sales data […]

The Coin Analyst: What Can the U.S. Mint Learn From the Royal Canadian Mint?

The Coin Analyst: What Can the U.S. Mint Learn From the Royal Canadian Mint?

by Louis Golino for CoinWeek The Royal Canadian Mint has always issued a wider range of collectible coins that perhaps any other world mint.  For some of the Olympic games, for example, it minted a vast array of coins, of which some numismatic writers have said no one could afford to assemble a complete set.  It […]

Modern U.S. Coin News Round-Up: So Much for Summer Doldrums

Modern U.S. Coin News Round-Up: So Much for Summer Doldrums

by Louis Golino for CoinWeek It used to be the case that summer was a slower period for coin collecting. Numismatists would take a break from their obsession with coins and go to the beach, though they undoubtedly brought some coin books to read. But in recent years that has changed. Summer coin shows are often […]

Constantino Brumidi Posthumously Awarded Congressional Gold Medal

Constantino Brumidi Posthumously Awarded Congressional Gold Medal

WASHINGTON – A Congressional Gold Medal was presented posthumously today to Constantino Brumidi (1805-1880) during a ceremony at the U.S. Capitol Building. The award, authorized by Public Law 110-259, was in recognition of his contributions to our Nation as a designer of murals in the U.S. Capitol, including those in the Senate Reception Room, the […]

By July 23, 2012 0 Comments Read More →
The Coin Analyst: San Francisco Silver Eagle Set Launch A Success

The Coin Analyst: San Francisco Silver Eagle Set Launch A Success

by Louis Golino for CoinWeek….. When the U.S. Mint first proposed issuing a special American silver eagle proof set marking the 75th anniversary of the San Francisco Mint in the spring, most collectors were excited about the new coins. They were especially intrigued by the prospect of the first “S”-mint reverse proof coin in the […]

The Coin Analyst: San Francisco Silver Eagle Sets Debut

The Coin Analyst: San Francisco Silver Eagle Sets Debut

by Louis Golino for CoinWeek….. When the U.S. Mint issues a special silver eagle set, it is an important numismatic event. On June 7 the Mint launched the San Francisco Mint 2-coin proof American silver eagle set, and once again everyone clamored on the first day to get their orders in. Some people thought that […]

The Coin Analyst: Is “Mint to Demand” the New Normal?

The Coin Analyst: Is “Mint to Demand” the New Normal?

by Louis Golino for CoinWeek….. Some U.S. Mint products have always been essentially made to demand, that is produced to whatever level buyers order, rather than set to a specific mintage level. Examples include proof and mint sets and proof and burnished American silver eagles. But in the wake of the widespread criticism the Mint […]

The Coin Analyst: What Ever Happened to the New Golden Age of American Coin Design?

The Coin Analyst: What Ever Happened to the New Golden Age of American Coin Design?

by Louis Golino for CoinWeek….. If coins are, as Michael Bugeja has argued “art you can hold and experience history in the process,” then the designs that appear on them are clearly are of paramount importance. In fact, for many collectors the aesthetic appeal of a coin’s design is what draws them to a particular […]

Top 50 Most Popular Modern Coins: A Conversation with John Maben

Top 50 Most Popular Modern Coins: A Conversation with John Maben

by Louis Golino for CoinWeek John Maben, owner of John Maben Rare Coins and Modern Coin Mart , and Eric Jordan, author of the book, Modern Commemorative Coins, are the authors of the new book, Top 50 Most Popular Modern Coins (Krause, 2012), which zeroes in on the 50 modern U.S. coins that the authors […]

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