A new silver bullion coin celebrates a ruler in a galaxy “far, far away...” — the Galactic Empire of Star Wars fame. The 1-ounce .999 fine silver $2 coin struck by the New Zealand Mint for Niue celebrates the movie villain Darth Vader.
The Royal Canadian Mint has issued a new silver bullion coin celebrating the grey wolf. The 2017 Howling Wolf $2 coin contains three-fourths of an ounce of silver and is the third issue in a series of this size silver bullion coin celebrating the wolf. The series began in 2015.
Platinum hasn’t been trading higher than gold in nearly three years, and there’s no indication that it will bounce back anytime soon, a market analyst reports.
The Pobjoy Mint on July 18 announced that, due to trademark infringement, it would remove the legend containing the word BRITANNIA on its 2017 Reverse Proof .999 fine silver 1-ounce bullion coins minted for the Falkland Islands, but 7,329 coins of the initial version have been issued.
Precious metals market analysts and traders who recently participated in a Reuters poll don’t believe silver will perform as well during 2017 as projected earlier in the calendar year. A recent poll suggests the average price of silver will be $17.32 per troy ounce.
Texas is the latest entity to begin efforts being undertaken by various government bodies globally to repatriate physical gold held elsewhere and direct the metal’s future. Texas expects to move more than $861.4 million in gold from Federal Reserve Bank of New York vaults to Texas’ first state-administered bullion depository, set to open in Austin in 2018.
Gold and silver production at Coeur Mining’s Palmarejo, Mexico, mining complex yielded higher amounts of the precious metals during the second quarter in 2017 compared to the same period in 2016.
A new guide for silver bullion buyers is available. Sebastian Wieschowski, a numismatic journalist and collector in Germany, has authored Bullion Book: Silver Coins for Collectors and Investors.
Black market sales of gold bullion and jewelry in India are anticipated to rise after the nation’s Goods and Services Tax was established July 1, at a higher rate than the taxes it replaces, according to an analysis by the World Gold Council.
Sales by the U.S. Mint of American Eagle silver bullion coins during the first six months of calendar year 2017 are lagging behind the same period in 2016 by 53 percent. The Mint’s 2017 sales through June 30 total 12,233,500 of the 1-ounce silver coins, compared with 26,250,500 of the coins for the first six months of 2016.