Sales in 2015 of the American Buffalo 1-ounce gold bullion coin are the third highest annual total since the series was introduced by the U.S. Mint the third week of June 2006. Calendar-year 2015 sales of the .9999 fine gold coins reached 220,500 pieces.
Gold dealer and market forecaster Mike Fuljenz believes physical demand for gold in 2016 is expected to climb ovre 2015 levels. Fuljenz also believes the sale of rare coins will likely outpace gold bullion as well.
2015 was the year of the silver American Eagle, with the U.S. Mint selling more of the 1-ounce .999 fine silver bullion coins than in any other calendar year since the series was introduced in November 1986. Sales totaled 47 million coins, eclipsing the previous record of 44,006,000 recorded in 2014.
The United States Mint's more than 100 collectible gold and silver coins and medals not named American Eagle are the focus of American Gold and Silver: U.S. Mint Collector and Investor Coins and Medals, Bicentennial to Date, a soon-to-be-released book written by Dennis Tucker and being published by Whitman Publishing. The book is available now for pre-order, but won't...
If you like gold, but not necessarily in coin form, then Heritage Auctions has alternate options.Its 6 p.m. Eastern Time Jan. 8 auction session held in conjunction with the Florida United Numismatists convention at the Tampa Convention Center offers a number of gold nuggets.
It's been a very busy couple of years for the United States Mint in terms of American Eagle bullion sales, particulary silver, and Kitco does not expect 2016 to be any different. In a Dec. 21 post online, Kitco says to expect gold and silver prices to stay low next year, which will keep sales high.
And then there were none. The U.S. Mint exhausted its remaining inventory of 2015 American Eagle silver bullion coins Dec. 15 when it sold the last 361,000 coins to authorized purchasers.
The U.S. Mint sold 68 percent of its final weekly allocation of 1.13 million 2015 American Eagle silver bullion coins Dec. 14, the same day 2016 silver production was expected to begin. The Mint's authorized purchasers were left with 361,000 coins after buying 769,000 of the available 1-ounce, .999 fine silver bullion coins.
Also this week, Q. David Bowers looked back at the day he "became intrigued with a certain 1975-D Jefferson 5-cent coin with the D Mint mark in a strange position — to the left of the 5 of the date instead of down from it," and a sale featuring contemporary counterfeit U.S. coins was previewed.
When Beth Deisher met Mint Director Mary Brooks, she learned how Coin World editor Margo Russell and Brooks both stealthily removed gold from Fort Knox in 1974.