2008-W Burnished Gold Eagles On Sale April 1

The US Mint has announced that the 2008-W Burnished Gold Eagle Coins will go on sale April 1, 2008 at 12:00 Noon ET. These are the "collectible versions" of the popular gold bullion coins. The coins differ because they are struck on specially burnished blanks and carry the "W" mint mark.Coins will be offered in one ounce, one-half ounce, one-quarter ounce, and one-tenth ounce sizes. In … [Read More...]

Returning After an Important Event

As readers of Coin Update will know, my wife gave birth to our first child Jason last week on March 19th. He had to spend a few days in the ICU and was only discharged yesterday afternoon. It was a rough week of going back and forth to the hospital, but now everyone is home together, happy and healthy. And I'm back to blogging. I'll be catching up on some of the Mint and metals related … [Read More...]

James Monroe Presidential Dollar Error Update

Just before the release of the James Monroe Presidential Dollars, Coin World reported that thousands of Monroe Dollars had been struck on State Quarter planchets. According to a statement subsequently released by the US Mint, all of the errors had been recovered and returned to the Mint. Despite the statement, there was still some discussion about whether it was possible for one or more of the … [Read More...]

2007-W Burnished Gold Eagles Sold Out, 2007-W Dolley Madison Proof Suspended

Yesterday I mentioned the possibility for suspensions and re-repricings on some of the US Mint's gold products. Since then, sales of the 2007-W Proof Dolley Madison Coin have been suspended and several options for the 2007-W Uncirculated Gold Eagles have apparently sold out.The 2007-W Proof Dolley Madison First Spouse Coins had been on sale for $529.95. The US Mint's product page now displays … [Read More...]

New High for Gold, Product Suspensions Soon?

On Friday gold broke through the much anticipated $1,000 level. This morning gold is extending its gains on the heels of a so-called "global market panic." Putting aside other financial implications, the continued gains in gold are likely to cause a new round of product suspensions and re-pricings for some US Mint products.There are a number of 2007 dated gold products, which had initially been … [Read More...]

Saint Gaudens Ultra High Relief Recreation Announced

Today, US Mint Director Edmund Moy announced the Mint's intention to recreate what many consider to be America's most beautiful coin. Augustus Saint Gaudens' original ultra high relief $20 Gold Double Eagle will be recreated on a 24 karat gold collectible coin expected to be available in 2009. Director Moy said the following: We want to spur the highest level of artistic excellence in American … [Read More...]

Price Raised on 2008 Buffalo Celebration Coin

The US Mint has just adjusted the price for the 2008 American Buffalo Celebration Coin.This "Lucky Buffalo" coin is a specially packaged one ounce American Buffalo Gold Bullion coin. It is part of the United States Mint Celebration Series, which attempts to reach out to non-traditional coin collectors.When the coins were initially released on February 5, 2008, they were priced at $1,018.88. The … [Read More...]

2008-W Burnished Silver Eagle Release Date and Pricing Announced

The US Mint has announced the release date and pricing for the 2008-W Burnished Silver Eagles. The coins will go on sale Monday, March 17, 2008 at 12:00 Noon ET offered at $25.95 each.These coins are the Mint's "collectible version" of the popular bullion coin. The coins differ from the regular version since they are struck on specially burnished blanks. They also carry the "W" mint mark, to … [Read More...]

James Monroe First Day Coin Cover on Sale March 14

The 2008 James Monroe First Day Coin Cover is scheduled to go on sale at the US Mint this Friday, March 14, 2008 at 12:00 Noon ET.The cover will include two James Monroe Presidential Dollars, one each from the Philadelphia and Denver Mints, on a display card with a 41 cent American Flag postage stamp. The postmark will be February 14, 2008, the first day James Monroe coins were issued.Overall … [Read More...]

Rising Silver Makes 2007 Silver Proof Set a Bargain

Recently silver has been taking the lead in the ongoing precious metals run. At the start of the year, the price of silver was $14.83 per ounce. As of the writing of this post, the value has risen to $20.68 per ounce. This represents a rise of nearly 40% in two short months.So far, silver's rise has not caused the US Mint to suspend or re-price any of their products, but it is creating some … [Read More...]