Mint starts 2018 with proof silver Eagle

The first collector coin that the U.S. Mint will put on sale in 2018 is the proof silver American Eagle. It becomes available on the website Jan. 4. This is a good indication of how relatively popular the coin is among collectors and other potential coin buyers. We are still waiting for word on when […]

Get your money ready for 2018 palladium proof

Remember the U.S. palladium bullion American Eagle coin introduced in September? You know, the one-ounce piece with a mintage of 20,000 that looks like a Mercury dime on the obverse and a Walking Liberty half on the reverse? You don’t? You are probably not alone. I thought I would check on the coin this morning […]

Second 1990 No ‘S’ proof set found by dealer

Need evidence that there are still rare and valuable undiscovered 1990 No “S” proof sets out there? I have it. I received an email from professional numismatist Mark Wieclaw. These proof sets worth $ 10,000-$ 20,000 each have a cent in them without the mintmark. The missing “S” on the cent is what turns a […]

No proof platinum Eagle sellout

The 2017-W platinum American Eagle did not sell out on the first day, July 6. Or the second day. Or the third day. In fact, it is still available if you want it for $ 1,300. A bit pricey? Yeah. There was some talk of a first-day sellout. Mintage was fixed at 10,000. I had […]

Proof set, mint set or just a duck?

It looks like a proof set. It has “S” mintmarks on the coins in it like a proof set. But it’s not a proof set. It is the 225th anniversary Enhanced Uncirculated Coin Set It will be released Aug. 1 and be available at the U.S. Mint booth at the American Numismatic Association convention in […]

Proof That This Economic Recovery Narrative is False

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article59479.html The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Silver proof set price cut raises hopes

The trend to cheaper proof sets continues June 7. That is the date the 2017 silver proof set will be offered to collectors by the United States Mint. Issue price is $ 47.95. Last year’s issue price was $ 52.95. Collectors save $ 5. I use the word “trend” because this year’s clad proof set […]

Subprime 2.0: Lending a $1 Trillion to People With No Proof of Job or Income

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article59181.html The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

New book aimed at proof coin lovers

Roger W. Burdette has written a new book. The intrepid researcher has titled it, United States Proof Coins 1936-1942. What a rich vein of information he has mined. When I was a kid ordering my first proof sets from the U.S. Mint in the 1960s, I envied the collectors who could afford to buy the […]

Cheaper proof set ready for release

What does it mean for collectors to have no Presidential dollars for the first time since 2006? For starters, they will get a cheaper proof set. The clad and base metal group of proof coins has dropped in price by $ 5 to $ 26.95. It goes on sale at noon Eastern Daylight Time today. […]

Proof silver Eagle flutters along

Core buyers of the United States Mint’s proof silver American Eagles seem to be deserting the program. This is one conclusion that can be drawn from first day sales number for the 2017 coin. Buyers took up 226,173 silver proofs in the first 24 hours. This compares to last year’s first day total of 262,816. Last year’s coin […]

Cheap U.S. silver proof might be surprise

Bullion investors and collectors don’t like doing math. That’s why one-ounce bullion coins took over the market. But if they did in fact do math, they might be surprised at what they discover. I was as I did some doodling this morning after a conversation on the telephone about commemorative coins. The 2017 Boys Town […]

Who is buying the proof gold Eagles?

Are coins a luxury good, or are they for everyone? That’s a question that has been asked repeatedly in the half century I have been a collector. Collectors putting Lincoln cents in their Whitman albums have been shoulder to shoulder with bidders on 1804 silver dollars. The answer to the question is that coins are […]

Don’t pay too much for proof Eagles

There is a seasonal pattern to pricing for proof gold and silver American Eagle coins. Collectors should be aware of it and avoid paying higher prices not related to the prices of gold and silver. What causes this is the April 15 filing deadline for income tax forms to the federal government. Many persons, and […]

Here’s Proof Rising Rates Are Good for Gold

John Grandits writes: When the Federal Reserve raised interest rates in December—and then laid out a plan to do so three more times in 2017—theory suggested gold should fall. As gold is a non-yielding asset, the cost of holding it increases as rates rise. However, theory doesn’t always convert into practice. Since the Fed’s decision, […]

2017 U.S. Mint America the Beautiful Quarters Proof Set Available Jan. 5

Sales will open for the 2017 United States Mint America the Beautiful Quarters Proof Set™ (product code 17AP) on January 5 at noon Eastern Time (ET). The five proof-finish quarters in this set have reverse designs honoring Effigy Mounds National Monument (IA), Frederick Douglass National Historic Site (DC), Ozark National Scenic Riverways (MO), Ellis Island […]

Five Proof America the Beautiful Quarters in First 2014 Set

New from the United States Mint is its first coin collecting product in 2014 with America the Beautiful Quarters, and its first set of the year. Released Tuesday and on sale for $ 14.95 is the 2014 United States Mint America the Beautiful Quarters Proof Set™. It is the fourth annually issued proof set of […]