The Royal Mint’s lunar bullion launch has become an eagerly anticipated event on the worldwide bullion calendar, particularly after the sell-out success of its gold and silver Lunar Year of the Monkey bullion coins for 2016. The Royal Mint’s Rooster design is the latest in the 1,100 year-old organization’s popular series to hit the competitive lunar bullion market.
New Zealand’s Canvastown hosted its first rush of gold miners in 1864, changing the landscape and financial fabric of the region. Now 150 years later, Canvastown, located 31 miles northwest of Blenheim, may experience another gold boom. Elect Mining in Nelson, New Zealand, has petitioned the nation’s government for resource consent to establish a new mine in the town.
Consumer research conducted by Nielsen India Private Limited on behalf of the World Gold Council indicates the people of India favor Indian Gold Coin over regular unbranded bullion coins. Since the Indian Gold project was introduced in November 2015, a total of 185 kilograms, just over 6,525 ounces, combined in 5- and 10-gram 24-karat gold bullion coins and rectangular...
The Industry Council for Tangible Assets is expanding its team with legal and legislative-affairs expertise. Effective Oct. 3, Jonathon Villavicencio of Sacramento, Calif., became the association’s legislative-affairs coordinator.
The first report of a counterfeit 1-ounce platinum PAMP Suisse bar in fake packaging comes from a bullion dealer in southwest Ohio. Donald Herres from Dollartowne in Bellbrook said that on Sept. 21, another dealer, who had bought the bars from a walk-in customer, presented Herres with three of them for purchase. (The other dealer wishes to remain anonymous).
The U.S. Mint reported sales of 1,675,000 American Eagle silver bullion coins in September. That's up slightly from July and August — when 1,370,000 and 1,280,000 coins were sold, respectively — but down from the previous two Septembers.
The U.S. Mint reports cumulative sales since Aug. 29 through Oct. 3 of 29,500 of the 2016 Theodore Roosevelt National Park 5-ounce silver bullion quarter dollars.
The Royal Mint’s annual Lunar bullion program continues with 2017 coins marking the Year of the Rooster. It is the fourth round of coins to be issued in the Royal Mint’s Lunar series, which started with the 2014 Year of the Horse, followed by the Year of the Sheep in 2015 and Year of the Monkey coins in 2016.
Investment demand during 2016 is expected to expand by 45,000 ounces, to 350,000 ounces in 2016, while specific bar and coin demand is anticipated to dip from 2015 levels, according to the World Platinum Investment Council’s latest quarter report.
There’s a new silver bullion coin, and it has ancient roots. The Pobjoy Mint on Oct. 3 is launching a Reverse Proof 1-ounce .999 fine silver dollar on behalf of the British Virgin Islands government, featuring the famous Greek mythological horse, Pegasus.