Editorials on the Buffalo nickel, written shortly after its release

On May 11, the Mint will release the 2017-W American Buffalo gold Proof coin. James Earle Fraser’s iconic Indian Head / Buffalo design debuted on the nickel five-cent piece in 1913, and today is a beloved classic. As with so many designs, however, Fraser’s nickel did not receive universal approval. Numismatic author Roger Burdette quotes a […]

U.S. Mint 2017 First-Day Bullion-Coin Sales

The Mint has announced its first-day bullion-coin sales figures. The 2017-dated American Eagle gold and silver bullion coins and American Buffalo gold coins were first made available for sale to Authorized Purchasers (APs) on January 9 this year. Sales of American Eagle gold bullion coins, at 68,000 ounces, exceeded last year’s volume by nearly 15%. […]

A Glimpse Inside the Vault of the West Point Mint

A few weeks ago, the Mint posted on its YouTube channel a bit of B-roll footage shot inside the West Point Mint’s vaults. While the video isn’t particularly newsworthy, just a few miscellaneous shots (such being the nature of B-rolls), the sight of those stacks of gold and silver is always a little breathtaking—like walking into […]

Mint Gives Official Notice: 2016-Dated ASE and AGB Coin Production Is Finished

Update: In a Dec. 6 press release, the Mint says it has notified APs that “The United States Mint has sold out of 2016-dated American Eagle One, Quarter, and Tenth Ounce Gold Bullion Coins. We will continue to take orders for the remaining inventories of American Eagle One-Half Ounce and American Buffalo One Ounce Gold Bullion […]

Mint in Crisis: The Inside Story of the Bullion Crisis of 2008, Part 4

Conclusion of a four-part series. Part 1 can be read here; Part 2, here; Part 3, here. Great Progress, but Not Enough The combination of expanding both our production capacity and the planchet supply chain had the intended effect of increasing the production of precious-metal bullion coins at the United States Mint. American Eagle gold bullion coins […]

Mint in Crisis: The Inside Story of the Bullion Crisis of 2008, Part 3

Part 3 of a four-part series. Part 1 can be read here; Part 2, here. Expanding Production Capacity As a manufacturing organization, the United States Mint’s production capacity is limited by what a typical manufacturer is limited by: our leadership, our manufacturing processes, our human resources, and our space and equipment. Having the right leadership is […]

U.S. Mint Bullion Sales Strong, Except for Roosevelt 5-Oz. Coins

The Mint has released its bullion sales figures for the previous week. The sales figure for Theodore Roosevelt National Park 5-ounce silver bullion coins now registers at 30,500 units sold, an uptick of 1,000 units since the U.S. Mint’s reporting of last week. Combined sales for 2016’s four 5-ounce bullion coins are at 246,800 units, for a total of 1,234,000 ounces of silver. In comparison […]