US Mint Sales: Silver Proof Sets Spike, Eagle Coins Take Off

Buyers were all over bullion and numismatic silver products this past week, as sales spiked in the latest round of United States Mint data figures. Four of the items more than doubled their prior week’s gains. The popular 2010 Silver Proof Set was on fire. Its weekly sales had been slowing consistently since its release […]

Legislation Seeks Coin and Precious Metals Dealer Regulations

A newly introduced House Resolution would add new dealer regulations when selling coins composed of gold, silver and other precious metals. Proposed by Rep. Anthony Weiner (D-NY) on September 16, 2010, the Coin and Precious Metal Disclosure Act (HR 6149) seeks to "require disclosures to consumers by coin and precious metal bullion dealers." Congressman Weiner […]

US Mint Sales: Silver Eagles Remain Slow, Silver Proof Sets Near 300K

Overall, United States Mint silver product sales backed off, but much of it had to do with the popular 2010 Silver Proof Set that was released last month. Sales always start out fast and then slow down for new issues. Two silver products were able to outperform previous gains, according to the latest round of […]

2010 Silver Eagle Coin Rationing Ends

The United States Mint stopped rationing bullion 2010 Silver Eagle coins on September 3, 2010. "Effective immediately, the United States Mint is lifting the allocation process for American Eagle one ounce silver bullion coins," the U.S. Mint told authorized buyers in a memorandum. "You may place your orders under the standard ordering procedures. The ordering […]

US Mint Sales: August 2010 Silver Bullion Coins Fall

Perhaps what has helped United States Mint’s silver coins is the increasing attention to silver which has been seeing huge price gains. Coin sets were wildly popular in the latest round of US Mint sales figures, and bullion coins continue to push onward — although August sales retreated from July levels and September is starting […]

US Mint Silver Eagle Sales Nearing Domestic Silver Production

In Title 31 of the US Code, the United States Mint is required by law to supply “in quantities sufficient to meet public demand, one dollar silver bullion coins of specified size, weight, and design.” (Source) This law is widely referenced, and I have criticized the US Mint in the past when it fails to […]

2010 Proof Silver Eagles Remain Uncertain, Proof Gold Eagle Coins Coming

The United States Mint will be selling at least one of its staple proof products this year, the 2010 Proof American Gold Eagle. However, the status of the 2010 Proof American Silver Eagle is still uncertain, according to the latest eagle production news from the United States Mint. The U.S. Mint confirmed on Tuesday that […]

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