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Thursday, May 31, 2012

Platinum Eagle Proof Coin Price Trimmed by $100

 

2011 American Eagle Platinum Proof Coin

Coin collectors interested in last year's 2011-W American Platinum Eagle Proof Coin can buy it today for $100 less than yesterday.

With the 2012 release yet to be announced, the United States Mint on Wednesday reduced the price of the older 99.95% pure platinum coin from $1,792 to $1,692. It is the lowest price for the Platinum Eagle, matching a short stretch of time in December when platinum plunged and the coin was also at $1,692.
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Wednesday, May 30, 2012

El Yunque National Forest 5 Oz Silver Uncirculated Coin Released

 

El Yunque National Forest 5 Oz Silver Uncirculated Coin

El Yunque National Forest Five Ounce Silver Uncirculated Coin

At noon Eastern Time today, May 29, the United States Mint began offering the 2012-P El Yunque National Forest Five Ounce Silver Uncirculated Coin for $204.95, the same price as the 2011-dated issues that are still available. This latest collector piece honors the national forest located in Puerto Rico.

The new strike marks the eleventh in the America the Beautiful Five Ounce Silver Uncirculated Coin series and the first 2012-dated one this year.
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Monday, May 28, 2012

Star-Spangled Banner Bicentennial Silver Dollar Set Introduced

 

Official details have emerged for the 2012 Star-Spangled Banner Bicentennial Silver Dollar Set. The U.S. Mint late Friday afternoon published a press release about the set and made its online product page live.

Star-Spangled Banner Bicentennial Silver Dollar Set

U.S. Mint image of the Star-Spangled Banner Bicentennial Silver Dollar Set

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Saturday, May 26, 2012

Grover Cleveland's First Term Presidential $1 Coin Released

 

Heading into the three-day Memorial Day weekend, the United States Mint today, May 25, 2012, released the Grover Cleveland Presidential $1 Coin honoring the first of the former leader's two non-consecutive terms. The new coins celebrating the 22nd President went on sale at noon ET directly from the U.S. Mint in rolls, bags, and boxes.

Grover Cleveland Presidential $1 coin, rolls, bags and boxes

Grover Cleveland Presidential $1 coin, rolls, bags and boxes

It is the second of four releases this year in the United States Mint Presidential $1 Coin Program, with the first $1 coin honoring Chester Arthur launching more than a month earlier.
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Friday, May 25, 2012

US Mint Sales: 2012 Proof Sets Lead Debuting Products

 

2012 Proof Set

U.S. Mint sales of 2012 Proof Sets have topped 261,000 in two weeks.

2012 Proof Sets continue to make their mark as the U.S. Mint's best-selling numismatic product, the latest sales figuresfrom the bureau reveal.

Those figures also show that coin demand was a bit weaker overall, although there was a decent amount of overachievers with 42 products improving over their prior weekly sales.
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Thursday, May 24, 2012

Circulating Quality 2012-S America the Beautiful Quarters for Collectors

 

This year the United States Mint facility in San Francisco will produce circulating quality 2012-S America the Beautiful Quarters® which will be sold only within collector products.

2012 America the Beautiful Quarters

Traditionally, circulating quality coins like the America the Beautiful Quarters have been minted in Philadelphia and Denver. This year the U.S. Mint will also strike them in San Francisco, but these will only be offered in collector products.

These quarters with the "S" mint mark will not enter normal commerce via banks and other financial institutions like most other American coinage produced for circulation. Instead, the new coins will be offered by the U.S. Mint directly to the public as numismatic products, with premiums above their face value, which is similar to the 2012-dated Presidential $1 coins, Native American $1 coins, and Kennedy half-dollars.

"We were looking for a new numismatic product with an "S" mark. Feedback we had received from customers was that there was always great anticipation with products that had the "S" mint mark," explained Michael White, a U.S. Mint spokesman.

The United States Mint anticipates the new strikes could be popular with collectors while also improving the program's visibility.

"We felt that an "S" mint mark on America the Beautiful quarters would bring some additional visibility to the program," added White. "A business case was developed that supported moving forward with the product."

For years, coins for circulation have been struck at the U.S. Mint facilities in Denver and Philadelphia with the respective "D" or "P" mint marks, while the San Francisco facility strikes proof quality coins for numismatic sets, such as the core Proof Set, the core Silver Proof Set, and the America the Beautiful Quarters proof sets in clad and in silver. The last time the California facility produced any type of circulation quality coin was in the early 1980′s.

Minimally, bags and rolls of the San Francisco quarters are expected, with other products and perhaps even sets with them possible. The quarters will also have limited mintages.

Considering that the U.S. Mint has been selling a little over one million quarters in bags and rolls from each of the Philadelphia and Denver Mints already, the new products could be exceedingly popular and sell out. Should circulating quality quarters from San Francisco prove popular, it is possible similar issues could continue into next year and beyond.

The U.S. Mint will "evaluate the program in subsequent years and make a determination if the program should continue," White indicated.

This year's America the Beautiful Quarters include:

  • 2012-S El Yunque National Forest Quarters (Puerto Rico)
  • 2012-S Chaco Culture National Historical Park Quarters (New Mexico)
  • 2012-S Acadia National Park Quarters (Maine)
  • 2012-S Hawai'i Volcanoes National Park Quarters (Hawaii)
  • 2012-S Denali National Park Quarters (Alaska)

So far this year, Philadelphia and Denver minted quarters featuring El Yunque National Forest and Chaco Culture National Historical Park have been released into circulation. The other quarters have only been seen within various numismatic proof sets and the just released 2012 U.S. Mint Set.

Wednesday, May 23, 2012

Sales of 2012 Kennedy Halves Debut at 740,160 as 2011′s End Above 3M

 

2012 Kennedy Half Dollar

2012 Kennedy Half Dollar

Debut sales have been reported by the United States Mint for the newly released Kennedy Half Dollars.

The U.S. Mint began selling 2012 Kennedy halves within rolls and bags on Tuesday, May 15. By Monday, May 21, collectors had ordered a total of 740,160, with products splits of 1,916 in sales from 200-coin bags and 8,924 from two-roll sets.
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Tuesday, May 22, 2012

2012 US Mint Set Includes 28 Uncirculated Coins

 

U.S. Mint Image of the 2012 Uncirculated Coin Set

The Mint on Monday delivered the following image to its customers promoting its release of the U.S. Mint Set

Available today, May 21, is the 2012 U.S. Mint Uncirculated Coin Set. Sales of the 2012 U.S. Mint Set began at 12:00 noon ET with pricing at $27.95, which is $4 less than similar annual sets issued in the two previous years.

As has been the case since 2010, this year's set features a total of 28 uncirculated coins. 14 of them are produced at the Denver Mint with the other 14 originating from the Philadelphia Mint — the same U.S. Mint facilities responsible for producing America's circulating coinage.
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Sunday, May 20, 2012

2012 US Mint Uncirculated Coin Set Release

 

Coming Monday, May 21, is this year's Mint Set, otherwise known more formally as the 2012 US Mint Uncirculated Coin Set. It will launch at 12:00 noon Eastern Time (ET) for $27.95. The price is $4 less than last year's issue.

2012 US Mint Uncirculated Coin Set

2012 US Mint Uncirculated Coin Set

The Mint Set is comprised of 28 clad coins, of which 14 are struck at the United States Mint facility in Philadelphia and the other 14 are struck in Denver.
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Saturday, May 19, 2012

US Mint Set, Cleveland $1 Coin Releases in Week of May 21, 2012

 

Next week will be a busy one for the United States Mint with the release of another popular collector product, the 2012 Mint Set, and the launch of first term Grover Cleveland Presidential $1 Coins within rolls, bags and boxes.

2012 Mint Set and Grover Cleveland $1 rolls, bags and boxes

Grover Cleveland $1 rolls, bags and boxes and the US Mint Set

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Friday, May 18, 2012

Collectors Corner CoinSearch to Debut at Long Beach Coin Show

 

An exciting new era in buying and selling rare coins and collectibles will begin on May 31, 2012 with the live, beta test launch of Collectors Corner CoinSearch™ at the Long Beach Coin, Stamp & Collectibles Expo.
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Thursday, May 17, 2012

2012 Proof Set Sales Debut at 243,494

 

2012 Proof Set

The U.S. Mint's latest Proof Set enjoyed one-week sales of 243,494

Debuting sales are in for the United States Mint's newly released 2012 Proof Set. The bureau on Tuesday reported that collectors ordered 243,494 between its launch on Monday, May 7, through to Monday, May 14.

Priced at $31.95 for a third straight year, the annual offering is expected to eventually attain the highest sales total of any 2012-dated collector product offered by the U.S. Mint.
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Wednesday, May 16, 2012

2012 Kennedy Half Dollars in Bags and Rolls

 

Kennedy Half Dollar Rolls and Bags

The U.S. Mint on Tuesday delivered the following image to its customers promoting the release of bags and rolls of new Kennedy Half Dollars

On Tuesday, May 15, the United States Mint made available bags and rolls containing 2012 Kennedy Half Dollars.

Bags of Kennedy Half Dollars are $139.95 and contain 200 coins in circulation quality for a face value of $100. Half of the coins are struck at the U.S. Mint facility in Philadelphia, so those have "P" mintmarks, and the other half are produced in Denver, with the "D" mintmarks.
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Tuesday, May 15, 2012

2012 Native American $1 Coins Released in Bags

 

Bags of 2012 Native American $1 Coins

Bags of 2012 Native American $1 Coins

The United States Mint is offering more options to get 2012 Native American $1 Coins. 100-coin bags of the dollars were released Monday, May 14, for $111.95 per bag.

2012 Native American $1 coins have actually been available from the U.S. Mint within $1 rolls and boxes since April 26.
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Sunday, May 13, 2012

Gold Logs 2nd Straight Weekly Loss, American Eagle Coins Mixed

Gold declined Friday, securing a second straight weekly loss along with other precious metals. Gold prices fell in four of the last five days as investors' instead favored the U.S. dollar which extended its winning streak to ten sessions.

"When the market gets very nervous, then they (investors) buy dollars and gold finds it difficult to rally," Bloomberg quoted Jesper Dannesboe, an analyst at Societe Generale SA in London. "Given what's going on in the markets at the moment, any rally will probably just be a bounce before another setback."


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Saturday, May 12, 2012

Kennedy Halves, Native American $1 Coins in US Mint Mid-May Releases

 

The United States Mint will launch four new products next week. The first two expand on prior releases of Native American $1 coins and the others feature this year's Kennedy half dollar.

Kennedy Halves and Native American $1 Coin Products

Debuting in mid-May are U.S. Mint products featuring 2012 Kennedy Halves and 2012 Native American $1 Coins

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Friday, May 11, 2012

NGC Grades 25 Million Coins in Historic Milestone

 

NGC

Numismatic Guaranty Corporation, a Florida-based independent coin certification and grading company, announced today it has graded 25 million coins — becoming the first grading company to reach this milestone.
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Thursday, May 10, 2012

US Mint Sales: Presidential $1 Coin Products Debut, Gold Eagles Fiery

 

2012 Presidential $1 Coin Bags and Uncirculated Coin Set

US Mint debuting sales figures are available for newly released Presidential $1 Coin products

Opening sales performances are in for the 2012 Presidential $1 Coin Uncirculated Set and bags of Chester Arthur Presidential $1 Coins. The latest sales figures from the United States Mint also reveal deepening demand for bullion Gold Eagles.

American Gold Eagle bullion coins are on a fiery pace with 26,000 ounces moved through the first eight days of May. The total is already ahead of last month by 6,000 ounces and above February by 5,000.
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Wednesday, May 09, 2012

2012 San Francisco Proof Silver Eagle Two-Coin Set

 

2012 San Francisco Proof Silver Eagle Two-Coin Set

U.S. Mint image of the 2012 San Francisco Proof Silver Eagle Two-Coin Set

The United States Mint has announced its plans to launch a 2012 San Francisco Proof Silver Eagle Two-Coin Set for a limited time beginning in June.

The set will go on sale on June 7, 2012 at noon Eastern Time (ET) and end on July 5, 2012 at 5 PM ET. Its price will be announced shortly before its launch. There will not be a mintage limit, as the U.S. Mint decided it will produce them based on demand during those four weeks.

Making up the set are two proof American Silver Eagle coins that will be struck at the U.S. Mint facility in San Francisco, so their mintmark will be an "S." One of the coins will be a reverse proof Silver Eagle, meaning its raised "Walking Liberty" and eagle designs will have a mirror-like finish and the background will be frosted. The other coin will be a regular proof Silver Eagle, with frosted designs that seem to float on a mirror-like background.
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Tuesday, May 08, 2012

2012 Proof Set Released by US Mint

 

Today, May 7, 2012, the United States Mint released the 2012 Proof Set at a price of $31.95.

2012 Proof Set

The proof set contains collector versions of this year's circulating coins

It is the first core or annual set which contains all of this year's coins, including those with one-year only designs like those featured on the reverses of the 2012 America the Beautiful Quarters, the 2012 Presidential $1 Coins and the recently releasedNative American Dollar
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Sunday, May 06, 2012

2012 US Proof Set Release

 

The most popular annual set from the United States Mint will be released on Monday, May 7, at 12 noon Eastern Time (ET). It will be the 2012 US Proof Set, and its price will be $31.95, which is the same price as last year's issue.

2012 US Proof Set

2012 US Proof Set

Interest in the new proof set will be high. Over one million are ordered every year, and around 250,000 will be purchased during the first week. Some of those initial sales, however, are from the US Mint Online Subscription Program.
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US Mint to Launch Popular Proof Set in Week of May 7, 2012

 

Only one new item is scheduled to launch next week, and it is the United States Mint's top numismatic seller.

2012 United States Mint Proof Set

This United States Mint Proof Set goes on sale Monday, May 7

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Thursday, May 03, 2012

Presidential $1 Proof Set, Quarters Set, Native American $1′s Debut Coin Sales

 

2012 Native American $1 Coin

2012 Native American $1 Coin

Two new annual sets debuted, along with six new dollar coin products, the latest United States Mint sales figures highlight. They were the 2012 Presidential $1 Coin Proof Set, the 2012 America the Beautiful Quarters Uncirculated Set, and the 2012 Native American $1 coins in rolls and boxes.

At the top of the chart was the Presidential $1 Coin Proof Set. It started with 146,097 between its launch on Tuesday, April 24 and Monday, April 30. Despite being popular with collectors, this year's inaugural sales were softer than last year's, which opened with 163,129 in February of 2011.
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Wednesday, May 02, 2012

Annual 2012 Presidential $1 Coin Uncirculated Set Released

 

2012 Presidential $1 Coin Uncirculated Set

U.S. Mint image of the new Presidential $1 Coin Uncirculated Set

On Tuesday, May 1, 2012, the United States Mint released the 2012 Presidential $1 Coin Uncirculated Set for a price of $16.95.

It is the sixth year for the uncirculated set to debut in the Presidential $1 Coin Program that started in 2007 to honor American Presidents. It is, however, discounted by $3 compared to last year's set.
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Tuesday, May 01, 2012

Chester Arthur Presidential $1 Coins Available in Bags

 

Chester Arthur Presidential $1 Coin Bags

Chester Arthur Presidential $1 Coin Bags

Bags filled with Chester Arthur Presidential $1 Coins are now available from the United States Mint. The bureau released 100-coin bags containing circulating quality Arthur dollars on Monday, April 30, at a price of $111.95 per bag.

The bag products actually fall behind earlier releases of Arthur dollar rolls and boxes. Those went on sale April 5 with prices of $32.95 for 25-coin rolls, $275.95 for 250-coin boxes and $550.95 for 500-coin boxes.

While the quantity of $1 coins and prices obviously vary for each product, the types of coins are all circulating quality — the same as used by the U.S. Mint for American coinage that is produced in everyday change. But since the end of 2011, new $1 coins are no longer released into circulation but produced exclusively for coin collectors — exactly like Kennedy half dollars have been for years.

Buyers have the option of ordering coin bags (or rolls and boxes) from either of the U.S. Mint facilities in Denver or Philadelphia. Orders may be placed from the Mint's Chester Arthur Presidential $1 Coin product page, located here, or by calling 1-800-USA-MINT (872-6468).

Each $1 coin obverse bears a portrait of Arthur, designed and sculpted by Don Everhart. Inscriptions include "CHESTER ARTHUR," "IN GOD WE TRUST," "21st PRESIDENT" and "1881-1885." The reverse of every Presidential $1 coin is Don Everhart's design of the Statue of Liberty with the included inscriptions of "$1" and "UNITED STATES OF AMERICA." The dollars have edge-incused lettering of "2012," "E PLURIBUS UNUM," and a mint mark of "P" or "D," depending on the mint or origin.

On Friday, the United States Mint announced that it would offer bags of 2012 Native American $1 Coins on May 14 at noon ET for the same $111.95 price. Rolls and boxes of the dollars went on sale this past Thursday.