Buy Coins

Coin News

PMG Currency

Coin Talk

Numismatic News

MS70 Coins

MS66 Morgan Dollars

Saturday, June 26, 2010

6/26 Coin Collecting News






US Mint Sales: Bullion Gold Coins, Silver Eagles Rise
June 25, 2010 at 7:33 PM

US Mint Coin Sales Report United States Mint weekly coin sales figures were mixed for collector products. More demand was visible in bullion gold and silver offerings.

Last week's sales report included the entry of 2010 Fractional American Gold Eagles, with 310,000 combined 1/2 oz, 1/4 oz and 1/10 oz bullion coins sold. Total sales from their launch on June 10 through to June 24 are now up to 340,000.

The popularity of the fractionals have been largely based on size, from smallest to largest. The 1/10 oz Gold Eagles account for nearly 78% of the total sales. With record bullion prices, investors and collectors are grabbing more of the least expensive, smaller gold pieces despite the fact that they carry the highest premiums over the spot price of gold.
(...)
Read the rest of US Mint Sales: Bullion Gold Coins, Silver Eagles Rise (1,383 words)

 

No comments: