Silver Prices Tumble, Breaking 5-Week Winning Streak

U.S. silver prices tumbled this week, breaking a streak of five weekly gains. Precious metals moved mostly as a group in the last several days, following gold which sank as the U.S. dollar showed strength against other world currencies. Profit-taking was also a motivating factor for losses, opined many an analyst. On Friday, New York […]

US Mint Sales: October Silver Eagles Hit 2M, Old Sets Stronger

American Silver Eagle bullion coins were full of life in the latest United States Mint sales data, while the remaining numismatic silver items continued a very slow decent in their weekly sales. It has been 19 days in October and already the month-to-date tally for Silver Eagle coins reached the 2 million marker. U.S. Mint […]

Silver Prices Rally for Fifth Straight Week

U.S. silver prices have registered gains for five straight weeks. The metal not only continues to rise, but it has also outperformed gold and platinum by huge margins. On Friday, silver futures for December delivery retreated for the second time this week, dipping 14.7 cents, or 0.6 percent, to settle at $24.288 an ounce on […]

US Mint Sales: Silver Eagles Ascend, Silver Quarters Surprise

Demand for bullion American Silver Eagle coins continued their stable climb. However, collector silver coins slipped from higher points again, United States Mint sales data revealed. For a second week in a row, just one numismatic product outpaced its prior gain as others slowed. The 2010 Silver Proof Set shot up another 13,766, but that […]

US Mint 2011 Silver Proof Set Release in January

Coin collectors will have an opportunity to purchase United States Mint sets earlier next year, including the 2011 Silver Proof Set. The U.S. Mint said that the popular silver set, and at least two other "annual core products" — the 2011 Proof Set and 2010 Mint Set, will launch in January 2011. [Editor’s update: The […]

Silver Prices Jump Over $23, Fourth Weekly Gain

U.S. silver prices moved in the same direction as gold, only faster. Price soared to above $23 an ounce, closing to a new 30-year high and marking four straight weekly gains. Gold rose 2.1 percent this week, advancing on the weakness of the U.S. dollar as expectations increased that the Federal Reserve would ease its […]

Junk Silver Coins Soar in Value

With silver prices rallying to levels that have not been seen in 30 years, interest in United States coins that circulated in 1964 and before has skyrocketed. Many of them include silver, and those that do are worth far more than their face values. Bags and rolls of these "junk silver coins" have become hot […]

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