The Royal Mint, a 1,000-year-old institution owned by the United Kingdom Treasury, has partnered with CME Group to build and launch a digitized gold offering called Royal Mint Gold. RMG will change the way traders and investors trade, execute and settle gold, according to the businesses involved.
The Pobjoy Mint’s newest colorful .990 fine titanium coin honors a native maritime animal. The £2 coin, for South Georgia and South Sandwich Islands, celebrates the southern elephant seal (Mirounga leonina). The largest subpopulation is in the South Atlantic, with more than 400,000 individuals, including about 113,000 breeding females on South Georgia.
Bloomberg News reports gold's performance is maintaining its string of consecutive weekly declines in price, the longest decline in more than a year. The news comes amid indications the Federal Reserve may raise interest rates three times during calendar year 2017 after announcing a small rate hike the week before Christmas.
One of the trends to hit a peak in 2016 was something that happened gradually, as mints around the world fought for market share for bullion coin sales. One of the trends to hit a peak in 2016 was something that happened gradually, as mints around the world fought for market share for bullion coin sales.
Also this week, readers enjoyed posts about an experimental coin struck on a glass planchet, what to expect from the rare coin market in 2017, and the early 2017 products from the U.S. Mint.
Changes in 2006 to Mint terminology and the hobby’s use an unofficial term create confusion about bullion and collector versions of silver American Eagles.
The Royal Mint and the World Platinum Investment Council are partnering on a new range of physical platinum investment products, according to the Royal Mint’s announcement Dec. 15. Though details of the program’s scope were not released, the program marks the Royal Mint’s first ever offerings of platinum investment products.
The price of gold has continued its November slide through the first half of December, though it is getting a boost on Dec. 14 related to a much-anticipated announcement from Federal Reserve Chairman Janet Yellen.
Six gold bars ranging in weight from 34.94 ounces to 327.97 ounces that were salvaged from the 1857 shipwreck SS Central America will cross the auction block during Heritage Auctions' Jan. 5 Platinum Night session in Fort Lauderdale, Fla.
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...