The U.S. Mint sold nearly 9.2 million fewer American Eagle silver bullion coins in 2016 than it did during the 2015 record year when 47 million coins were sold. The near 19.8 percent drop in demand between 2015 and 2016 left the final sales totals for 2016 at 37,701,500 coins. 2016 total sales are the lowest since the 33,742,500 American Eagle silver coins recorded sold in...
There’s a new silver Angel bullion coin in the market. Gainesville Coins LLC is introducing an exclusive new product, the 2017 Guardian Angel 1-ounce silver bullion coin, struck with legal tender status under the name of the island nation of Niue in the Pacific Ocean.
The international organization that sets Sharia law’s financial standards recently opened up gold-investing opportunities within the system of rules honored by many millions of Muslims around the world, potentially allowing for a huge number of new gold investors.
The 147,500 total ounces of the coins, which range in size from tenth-ounce to 1-ounce weights, sold during the month of November 2016 add up to more than the total ounces sold in any single month since July 2015, when 170,000 ounces were sold.
The U.S. Mint will begin accepting orders Jan. 9 from the bureau's authorized purchasers for 2017 American Eagle gold and silver bullion coins and American Buffalo gold bullion coins. The Mint expects to begin accepting orders for 2017 American Eagle 1-ounce platinum bullion coins sometime in late January.
According to Kitco.com, the price of one ounce of gold stood at $1,176.20 as of 10:18 ET on Nov. 30. That’s down big from the over-$1,300 prices that were seen earlier in the month immediately following the unexpected Nov. 8 election of President-elect Donald Trump, and even from the $1,278 price that the markets settled on at the end of the economically wild Nov. 9.
The Central Bank of the Russian Federation continues to buy gold bullion at a record pace to bolster its precious metals reserves. Gold stock analyst Jason Hamlin is reporting that the central bank added 40.4 tons, 1.3 million ounces, to its gold reserves during the month of October.
The Royal Mint continues its Queen’s Beasts bullion series with a second release, this one honoring the griffin of Edward III. This is the second issue in the gold and silver bullion coin series that was first launched in March 2016 with the gallant lion of England.
For the 50th anniversary in 2017 of the world’s first modern gold bullion coin, the gold Krugerrand, South Africa is issuing the first example of the coin in silver. The Krugerrand is the most widely held bullion coin in the world, the most traded coin in history, and the model for all other bullion coins issued since its 1967 debut, according to distributor GovMint.com,...
Canada has fired another shot in the ongoing battle for bullion supremacy. The Royal Canadian Mint has launched its first 10-ounce .9999 fine silver bullion coin, kicking off the Canada the Great series with a design celebrating the famous natural wonder Niagara Falls, which borders the United States. The Brilliant Uncirculated $50 coin features frosted relief with...