US Mint Adjusts First Spouse Gold Coin Maximum Mintages
The United States Mint recently lowered the maximum mintages for their First Spouse Gold Coins. This series of gold coins features the spouses of each President with the coins struck in one-half ounce of 24 karat gold.
For the first three years of the series, each coin carried a maximum mintage of 40,000 coins. For 2010, [...]
Gold Philharmonic Sales Drop 80%
Recent reports indicate that sales of gold bullion coins from the Austrian Mint have dropped a shocking 80% from year ago levels. The Austrian Mint produces the Gold Philharmonic, which has for some quarters been the world’s best selling gold bullion coin.
According to the article, the Marketing Director of the Austrian Mint indicating that they [...]
Measuring Declines from the High- Gold, Silver, Platinum, Palladium
For the past few weeks, precious metals have undergone significant, rapid declines. This follows a year of banner performance during 2009. I wanted to take a post to briefly examine the extent of the declines for gold, silver, platinum, and palladium.
Roughly two months ago, gold had reached a new all time high and silver had [...]
2009 Precious Metals Performance: Gold, Silver, Platinum, Palladium
Precious metals delivered a strong performance during 2009 with strong returns across the major categories of gold, silver, platinum, and palladium. Although gold seemed to dominate the attention of the mainstream press, the annual performance figures reveal that it was outperformed by other precious metals.
The table below displays the last price of 2008 from Kitco’s [...]
Fractional Gold Eagles Make Brief Appearance
During December, the United States Mint briefly offered 2009 American Gold Eagle bullion coins in fractional weights. This included one-half ounce coins, one-quarter ounce coins, and one-tenth ounce coins.
This was the first time that the US Mint had offered anything other one ounce gold bullion coins for more than a year. Back in October 2008, [...]
