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 […]

Mint in Crisis: The Inside Story of the Bullion Shortage of 2008, Part 2

Part 2 of a four-part series. Part 1 can be read here; Part 3, here. What is the journey that one takes to be the focus of a congressional oversight hearing? For me, that journey had begun 29 months earlier. It was February 2008. I was sitting in my office at the U.S. Mint headquarters building. […]

Mint in Crisis: The Inside Story of the Bullion Shortage of 2008, Part 1

Part 1: The Hearing “It still baffles me that we can’t make a planchet. . . . Isn’t this just pretty simple? This just really is confusing to me why this can’t be accomplished. . . . What would a businessman do about this? Would he always resort to going to Australia to do this? It […]

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 […]

U.S. Mint Shares Design Candidates for 2018-2020 American Eagle Platinum Proof Coins

The U.S. Mint has shared potential designs for its upcoming 2018, 2019, and 2020 American Eagle Platinum Proof coins. The designs will be discussed at the next Citizens Coinage Advisory Committee Meeting, scheduled to take place tomorrow, September 16. The candidates are included below with an introduction and descriptions provided by the Mint. Since its inception […]

U.S. Mint Announces Numismatic Hobby Forum and CCAC Meeting

The U.S. Mint has announced that it will hold a Numismatic Coin Forum in Philadelphia on Thursday, October 13. The one-day conference aims to prepare for the Mint’s upcoming 225th anniversary by bringing together various members of relevant organizations to discuss the past, present, and future of numismatics. While the event is not open to […]

U.S. Mint 2016 Bullion Sales; Roosevelt 5 oz. Bullion Coin Release Date (Updated)

Gold, silver, and platinum have all gained in value during the past week, making it an apt time to look at recent trends in U.S. Mint bullion sales. Platinum in particular has been quite visible of late, with prices rising just as the Mint begins issuing its 2016 American Eagle one-ounce platinum bullion coins. As […]

Over 17,000 2016 Platinum Eagle Bullion Coins Sold on First Day (Updated)

The U.S. Mint opened sales of 2016 American Eagle One-Ounce Platinum bullion coins today, a release that was met with enthusiasm from the Mint’s authorized purchasers. According to the most recent bullion sales numbers, the Mint sold 17,100 Platinum Eagles today, quite a large total when considered alongside the total mintages for one-ounce Platinum Eagles […]

Silver Eagle and Reagan Coin & Medal Set Sales; Palladium Coins Update

Sales of American Eagle Silver Bullion Coins to the U.S. Mint’s authorized purchasers have dropped precipitously of late, leading to an ever-increasing buildup of inventory that could see the issues taken off of allocation in the near future. If the trend continues in the coming weeks, sales of Silver Eagles will no longer be on […]