Silver Bullion and American Eagles- Supplies are back!

The metal with the most momentum in terms of investor interest is silver. Silver bullion demand in the third quarter exploded, with sales of Silver Eagles hitting a record 14.3 million ounces. That number would have been even bigger if the dysfunctional U.S. Mint hadn’t arbitrarily limited supplies of coins going out to dealers. The market for physical silver remains tight, with supplies of most bullion products in short supply and premiums elevated.

Silver spot prices haven’t been affected – at least not yet. The white metal spent most of the third quarter trading within a $14.50 – $15.50 range.

However, the weekly silver chart now shows an interesting wedge pattern developing. Silver prices briefly touched the bottom of the wedge last week before closing near the top. A solid weekly close above $15.50 would represent a bullish upside breakout, while a decisive break below $14.50 would carry bearish near-term implications.

999.9 gold bullion, three bars

Gold prices rebounded from a two-week low on Monday, closing higher for the first time in four sessions.

Gold for December delivery rose $3.40, or 0.3%, to settle at $1,166.20 an ounce on the Comex division of the New York Mercantile Exchange.

“The weaker dollar is giving a bit of support to the gold market,” Phil Streible, a senior market strategist at RJO Futures in Chicago, said in a telephone interview according to Bloomberg News. “It’s widely anticipated that the FOMC won’t do anything this week because of too much global weakness.”

The U.S. dollar weakened after a Commerce Department report showed new home sales tumbled 11.5% in September.

The yellow metal ranged from a low of $1,162 to a high of $1,168.30. Gold declined 1.7% last week, its first weekly loss in three weeks. The precious metal on Friday ended at its lowest price since Oct. 9.

Elsewhere, silver for December delivery tacked on 8 cents, or 0.5%, to close at $15.91 an ounce. Silver prices traded from $15.77 to $15.98. Last week, silver tumbled 1.8% after three straight weekly gains of 1.9%; 3.6%; and 1%.

In other precious metals futures:

  • January platinum lost $4.20, or 0.4%, to $997.50 an ounce, ranging from $987.90 to $1,004.90.
  • Palladium for December delivery fell $9.95, or 1.4%, to $683.90 an ounce, trading between $678.05 and $694.50.

Last week, platinum fell 2.2% and palladium shed 0.8%.

London Precious Metals Prices

Earlier fixed London gold and silver prices were mixed. In comparing their prices from Friday PM to Monday PM:

  • Gold added $5.15, or 0.4%, to $1,166.40 an ounce.
  • Silver declined 12 cents, or 0.8%, to $15.86 an ounce.

LBMA platinum and palladium prices are available on the LBMA’s website with a delay of midnight.

Last week, losses combined to 1.7% for gold, 0.4% for silver, 0.1% for platinum and 0.6% for palladium.

US Mint Bullion Coin Sales in October

United States Mint bullion sales were unchanged Monday as of 4:14 PM ET.

In related news, the U.S. Mint this week limited Silver Eagle sales to 1,043,500. The agency has restricted weekly sales of bullion American Silver Eagles since temporarily running out of them in early July.

Below is a listing of United States Mint bullion products with the number of coins sold during varying periods. Products with an asterisk (*) are no longer available.

US Mint Bullion Sales (# of coins)
Monday Sales Last Week Sept Sales Oct Sales YTD Sales
$50 American Eagle 1 Oz Gold Coins 0 2,500 98,500 22,500 542,500
$25 American Eagle 1/2 Oz Gold Coins 0 1,000 9,000 3,000 66,000
$10 American Eagle 1/4 Oz Gold Coins 0 0 20,000 4,000 146,000
$5 American Eagle 1/10 Oz Gold Coins 0 10,000 175,000 45,000 875,000
$50 American Buffalo 1 Oz Gold Coins 0 1,500 22,000 10,000 180,500
$1 American Eagle 1 Oz Silver Coins 0 926,500 3,804,500 2,931,500 38,986,000
2015 Homestead 5 Oz Silver Coins* 35,000
2015 Kisatchie 5 Oz Silver Coins* 42,000
2015 Blue Ridge Parkway 5 Oz Silver Coins* 45,000
2015 Bombay Hook 5 Oz Silver Coins* 45,000 45,000


Silver Premiums Have Fallen, but the Short-Term Outlook Is Uncertain

Silver Premiums Have Fallen, but the Short-Term Outlook Is Uncertain
With silver prices rising almost 10%, retail buying of physical silver has lessened over the past three weeks – down from the frenetic pace over the past 4 months. That’s allowed premiums on many products to fall toward normal levels. Production backlogs and delivery delays have also been dissipating.

Ask premiums for the Maple Leaf, American Eagle, and Pre-1965 90% silver U.S. coins – the products that saw the sharpest hikes through the summer – are now leading the way down. The respite will help mints and refiners catch up. Dealers are taking the opportunity to replenish inventories.

2015-dated American Eagle silver bullion coins

More American Eagle silver bullions coins are available this week than in the previous two weeks, although that may not matter to buyers who haven’t ordered as many as they could since earlier this month.

The United States Mint has limited sales of American Silver Eagles since their return after temporarily selling out in July. This week’s allocation level advanced 4.4% to 1,043,500 coins. Last week’s amount slipped 3% to 970,000 coins from the prior week’s supply of 1 million coins.

Weekly inventories through most of the summer sold within a few days of their release. That hasn’t been the case for two straight weeks with a combined 113,500 coins left on the table.

The U.S. Mint does not sell bullion Silver Eagles straight to the public. They are sold through a network of authorized purchasers. AP’s consist of major coin and precious metals dealers, brokerage companies, and other participating financial intermediaries. They must pay $2 more than the spot value of each coin they buy.

Sales of the 1-ounce, .999 fine silver coins at 38,986,000 for the year are on track for an annual record, up 8.1% through the same time in 2014. Last year when sales ended at a record totaling 44,006,000, the coins through Oct. 23, 2014 posted sales of 36,066,000.


2016 Maple of Canopy Kaleidoscope of Color Gold Coin Released

Just in! An interesting read for the avid collector! The 2016 Maple of Canopy coin is beautiful! Designed by Emily Damstra. It is a limited mintage! It It is very attractive to collectors, although its price is ………………. Each coin has the following Mint-provided specifications……………………………

A new maple leaf-inspired coin, struck in 2 ounces of 99.99% pure gold to proof quality, features a colorful design of a large maple tree in autumn. The issue marks the first maple canopy gold coin from the Royal Canadian Mint. Silver editions launched in the past, and all of them have sold out.

2016 Maple of Canopy Kaleidoscope of Color 2 oz Gold Coin

2016 Maple of Canopy Kaleidoscope of Color 2 oz Gold Coin – obverse and reverse

The coin’s distinct imagery and extremely limited mintage of 150 make it very attractive for collectors, although its price is not for the faint hearted.

Designed by Emily Damstra, the reverse shows the trunk and branches of a maple tree from the viewpoint of someone looking up.

“There’s a towering sense of height as the viewer’s gaze sweeps along the trunk of the mighty maple tree, moving upward from the base over the intricately engraved fissures and ridges, to the branches that seem to spread out overhead and across the sky,” the Royal Canadian Mint describes.

“There, a lush canopy of fall foliage blazes brightly with rich hues of red, orange and yellow that have been painstakingly applied over the engraving to recreate nature’s autumnal palette.”

Inscriptions on the trunk of the gold coin read CANADA, 250 DOLLARS, and the year 2016.

2016 Maple of Canopy Kaleidoscope of Color 2 oz Gold Coin, Reverse

Reverse of the gold coin

The obverse offers Susan Blunt’s effigy of the Queen with surrounding inscriptions of ELIZABETH II and D G REGINA.

Each coin has the following Mint-provided specifications:

  • Mintage: 150
  • Composition: 99.99% pure gold
  • Finish: proof
  • Weight (g): 62.34
  • Diameter (mm): 42
  • Edge: serrated
  • Certificate: serialized
  • Face value: 250 dollars


Priced at CAD $4,899.95, or about US $3,730, order the 2016 Maple of Canopy Kaleidoscope of Color Gold Proof Coin by visiting the Royal Canadian Mint’s website at or by following the affiliate link located hereicon.


Morgan Dollars

Morgan Dollars —the most popular silver dollar coins?

Morgan dollars that were minted from the years 1878 through 1904 (plus, later once again in 1921) just might be the most widely collected of all U.S. silver coins. Morgan dollars may even be more sought-after than the Peace dollar or Walking Liberty Half Dollar.

There are so many Morgan dollars available to collect, that Morgan appeals to a collector’s “hunt and gather” instinct. Morgan dollars are collected in a variety of ways. Most coin collectors who collect silver dollars like to collect Morgan dollars the traditional way: by obtaining one of each date and mintmark combination, which is not easy. Older collectors can remember that in the 1950s silver dollars were available at banks but too expensive to collect. A simpler approach that would be far less expensive would be to put together a collection that consists of the least expensive example of each of the different years of Morgan dollars. By doing this, you would have a complete year set without the focus on all the different mint marks of Morgan Dollars.

What are the varieties of Morgan Dollars that are most popular? One coin collecting guide book lists five different varieties of the Philadelphia-minted 1878 and another five varieties of the 1880-CC, which is the Carson City mint that so many collectors love to own coins from.

In fact, a third way to collect Morgan dollars would be to focus on Morgan dollars from the Carson City Mint. This type of coin collection would be made up of only 13 different coins: the mint years 1878 -1885 and 1889-1893. The only downside of collecting Morgan Dollars this way is that four of the dates (1879-CC, 1889-CC, 1892-CC, 1893-CC) are expensive to own in all the grades. Even the “common” dates of Carson City Morgan dollars are relatively expensive because of high demand. The good news is that this collection would feature the 1878-CC, with a mintage of 2,212,000 (the second highest mintage of the 13 dates, following only the 1890-CC (2,309,041).

Are you interested in starting a collection of Morgan dollars? If so, some of the finest and most collectible Morgan Dollars can be found online from from multiple sources, our goal is to take the guess work out of wondering if your getting the best price and the best selection. Our partners have weighed in and we have done do diligence. Golden State Mint will display some of the best selection and pricing we have found.

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Krugerrand Gold Coins – 5 Benefits Of Purchasing Gold Krugerrands Vs. Other Bullion Coins


South Africa Gold Krugerrand 1 Ounce (Random Year)

The Gold South African Krugerrand has been a Gold Bullion investor favorite since they were introduced in the 1970s. These coins come in a variety of sizes and are generally not collected by date. They are traded on a daily basis as a standard of the Gold Bullion market.

Krugerrand gold coins are the oldest of all modern-day gold bullion coins. Introduced in 1967 by the South African government, its level of popularity became so fantastic that it resulted in the mintage of many common gold bullion coins such as the Canadian Gold Maple Leaf and the American Gold Eagle.

I covered the Krugerrand’s basic history and information in my previous article entitled, Krugerrand Gold Coins – The First Modern Gold Bullion Coins. I also covered some interesting facts and trivia about the coin in a follow-up article, entitled, Krugerrand Gold Coins – 10 Interesting Facts. If you’re interested in reading them, just do a search on Google by title!

In this article, I’d like to talk about the advantages of buying Krugerrand gold coins versus other modern gold bullion coins.

1. High Durability

The 22k Krugerrand contains a gold alloy combination of 91.67% gold and 8.33% copper. The inclusion of copper makes them more durable than other 24k modern gold bullion coins. The coin is highly resistant to scratches, dents, and nicks!

2. Low Price

The Krugerrand generally has the lowest premium over the spot price of gold. At the time this article was written, the coin was trading at $ 9.00 over spot compared with $ 16.00 for the Canadian gold maple leaf, $ 34.00 over spot for the American Gold Eagle, and $ 50.00 over spot for the gold Buffalo!

3. Instant Liquidity

Because the Krugerrand gold coin isso well-known, it is super easy to buy and sell them both locally and internationally.

4. Easy To Store

Like most gold bullion coins, the compact size of the Krugerrand makes it convenient to store and transport. Most Krugerrands are packed in three inch plastic tubes that fit nicely inside home safes or safety deposit boxes in banks.

5. Better Than Bars

While it’s true that the premium on gold bars is generally lower than that of gold coins, unlike Krugerrand gold coins, it’s a pain to store and transport them. Plus, most gold bars must be assayed when sold, an additional cost that you don’t have to worry about when selling the Krugerrand!

Whether you are just starting to purchase gold bullion coins or are looking to add to your collection, I think you’ll agree that the gold Krugerrand is not only a great deal but a high-quality bullion coin that should be the cornerstone of any investor’s portfolio. In my next article, I’m going to take a look at how to buy Krugerrand gold coins without getting ripped off!


The best I have seen in a long time, price has got to update soon, for now the Krugerrand has a great offering at the Golden Eagle a partner we can count on.




Morgan Dollar Values

5049791466_67f73ccab4_morgan-dollarThe Morgan Dollar was a dollar coin that was minted from 1878 to 1921. This was the first standard silver dollar minted since the previous design of The Seated Liberty Dollar. The Seated Liberty Dollar was stopped being made due to the Fourth Coinage Act. This act ended the free coining of silver. The Morgan Dollar is named for its designer George T Morgan. Mr. Morgan was the United States Mint Assistant Engraver.

The Morgan Dollar profiles a portrait portraying Liberty while the other side details an eagle with outstretched wings. There were actually two die that were cast for this coin. The first one had eight eagle tail feathers on it, but after some research, it was realized that it should have only had seven tail feathers on it. This unfortunately hasn’t made either mint more valuable than the other. The average uncirculated coin price will vary from approximately $ 41.00 to $ 100,000. The circulated coins range from approximately $ 24.00 to $ 25,000.

There are many factors that will determine the value of your coin. If it is used or circulated, this will lessen its worth. However, an uncirculated coin will have a higher value. All of the coins are made from 90% silver and 10% copper and they contain exactly 0.77344 troy ounces of silver. The average uncirculated Morgan Dollar has increased almost quadruple since 1970. Each coin has $ 20.88 worth of silver that it has been made with.

The Morgan D Dollars were produced with five mints. Philadelphia, which had no mark on it, Carson City Nevada which has “CC” mark on it, New Orleans has an “O” mark, Denver has “D” mark and San Francisco that has an “S” mark on it. The mint mark is on the back of the coin just below the wreath. The value that you will receive for your coin will vary and depend upon the condition and mint (if there is one) of your dollar.

One way to ensure that you get top pay for your coins is to keep them organized and in protective sheaths. Educating yourself on the coins will help protect your interests also. You never want to clean a coin. This will DE-value it and lessen the sale value for a collector. Learn how the coin market works. Coin collecting is a hobby that thousands of individuals love to do each day.

If  you looking for more information regarding these timeless coins- Morgan Silver Dollars


Recommendations To Gather Dollar and Dime Coins for Budding Numismatics

It can be imperative to have an understanding of how the coin marketplace determines costs mentioned in the coin catalog. There’s noticeable variation between the price of the coin as well as its unique worth for the coin collector. Nickel coins, dimes and pennies with exceptional mints or restricted edition are mostly in desire. Understanding the idea offered by the coins with historical past certainly tends to make the entire prospect interesting.

The president’s coins have develop into one of the most preferred among those launched by US Mint. Nickel coins and dimes launched from 1999 to 2008 have gained significance. Every state had acquired a special design for quarter coin rolls. The US currency primarily includes six denominations for coins – cent or penny, dime, nickel, quarter, half-dollar, and one dollar coins.

Coin details to know:

• Quarters, dimes, nickels usually are created out of copper and nickel

• Copper plated zinc material is utilized to make pennies

• Precious metals were initially applied to create coins with ridges

• A quarter has about 119 grooves along its circumference whereas a dime is produced with 118 grooves

• The penny has Lincoln facing in direction of the proper as plaque was utilized as adaptation with this style

A few of the coin facts can help you figure out which coins are worth obtaining, original and priceless.  The retail price of the coin within the open market rely on grade of the coin, its preferred attributes, rarity, accessibility in market also as the kind of coin.

One dollar coins absolutely will likely be of very same value, unless of course it really is a collectible’s item. The expense depends on the amount you receive should you are out promoting the coin for distinct worth. You could not generally get Red Book prices for your coins for those who are out inside the marketplace. Dealers are needed to create some profit as they’re buying or selling coins to you personally.

There’s a Blue Book, a guide for getting wholesale coins. The worth you receive for the gold, silver, copper or nickel coins might be checked with the guidelines supplied. The value you are offered for selling coins will likely be fifty percent the retail market worth of coins. These particulars are essential, in particular whenever you are attempting to get insurance coverage for your collection.

Most skilled numismatics suggests looking for realistic prices for the coins. You need to not get caught up using the retail costs and also the Red Book costs. You could not constantly get bargains for the coins using the price and worth terminology.

Check out how you can make use of the dime coins and penny rolls for increasing the worth of your purchase.

The US currency mainly consists of 6 denominations for coins – cent or penny, dime, nickel, quarter, half-dollar, and gold dollar coins. Nickel coins, dimes and pennies with special mints or limited edition are generally mainly in need.

The Price of Silver- Investing in Silver

Historically silver has been a volatile commodity, and although the price of silver has steadily rose over the last few decades it is poised to become one of the top performing commodities in the years to come. The price of silver has delivered some of the best gains since the turn of the decade beating gold’s rise by 25% which was second best among commodities. The reason silver outperformed gold as the best safeguard investment can be largely attributed to the high demand for industrial uses, and this has also contributed to the strong rise in the price of silver. In fact, some forecasters are predicting that silver prices will top $ 60 in early 2013.

A major contributing factor to the rise in the price of silver is that there have been a myriad of new users of silver looking to take advantage of the metal’s unique properties (such as electrical conductivity) in the electronics and medical fields among others. In addition, there is the continued investment demand for silver from new investors- due in large part to availability and ease of use of investment channels such as online auction sites such as

Naturally it’s still all about supply and demand and with declining inventories of silver indicates the eventual acquisition of silver by investors will also drive up the price of silver.

An additional factor affecting silver is the gold/silver ratio, which historically has been around 16 (meaning that the price of gold has been 16 times higher than the price of silver). Today this ratio is about 54, which indicates that if we use this ratio as a standard, silver “should” be over $ 100 an ounce. Of course, several factors have to be taken into consideration, most importantly the history of this ratio occurred when silver was considered money and not demonetized as it is today. The key for investors to keep in mind is that during periods of economic crisis, such as the 1970s, the price of silver tends to increase much more than the price of gold.

Investing about price of silver by online is the best source of getting information. Golden State provide all current status of the market.

Silver and Gold Investing

For a number of years now silver prices happen to be rising. This year silver improved by close to 86% and the other 30% was additionally in the year 2011. It is really acknowledged how the a worth of metals may be rising at some point as well. So it is far better start investing in coins straightaway in advance of prices become excessive. In the event you wait to much time you’ll realize that profits could quite possibly have gotten smaller for silver investments. So as to invest accurately everyone keep yourself well-informed about why the expense of silver keeps rising.

Over the past year or two, international financial institutions have been acquiring silver in record quantities. Never before ever have international finance institutions been acquiring much gold coins. Coincidentally, in the states financial institutions are also ordering precious metal gold in record volumes. Could the banks concern yourself with the price of the U.S. dollar and are also starting to deal us dollars for bullion. All through history gold bullion has continually managed it ‘s value. Whilst the bucks has dropped and has lost valuation. That’s the reason why most people and financial institutions are currently buying silver and gold coins.

There was clearly 5 billions of ounces of silver bought by way of the U.S. federal government since WWII as well as present there is not any stashed silver. Seeing that 1980 above-land surface obtainable stores of silver have experienced a reduction in 75%. Another reason that silver fees are climbing up is that to commence and run a mine you should invest lots of money. You wouldn’t be able to open up a silver precious metal mine with no capital of about tens of millions of us dollars or more after which it always take around Less than six decades for a single silver mine for you to produces a tremendous amount of silver. A great deal of the silver in movement didn’t in reality because of silver mines but was discovered while mining for metals like zinc, lead, copper and platinum. Really only 40% of excavated gold comes out of silver precious metal mines.

Pros can see a huge surge in the necessity of metals. This is due to economical conditions Purdue. Historically individuals have depended on stocks and shares and mutual funds to extend their wealth. Now, we’ve been dealing with a completely new globe where people that see the trends will be able to not only save their life savings and definitely will be capable of grow their saving at the same time. If someone else put in hundred thousand in gold 5 years ago they can be up over One hundred percent. Specialists say that the bull market is just starting. This is the opportunity to get into one of the greatest strategy of investment in this 10 years. Individuals who think in advance as well as can adapt to these switching times will make great proceeds by investing in metals. Experts say that besides metals people can spend money on property, foreign treasuries not to mention gold and silver.


Gold Bullion vs. Gold Coins

Tаkіng part іn precious metal investment іѕ оnе оf tһе astounding аnԁ effortless ways tо invest. Tһіѕ іѕ Ьесаυѕе оf іt high monetary νаӏυе аnԁ іtѕ high level оf demand. Basing оn tһе metals’ rareness, purity аѕ wеӏӏ аѕ іtѕ mass, tһеу аге deemed precious. Sіnсе gold іѕ tһе rarest оf аӏӏ metals, gold іѕ tһе mоѕt preferred investment. Tһе mere fact tһаt gold һаѕ mаԁе spectacular performances іn tһе business world аnԁ investments mаԁе people embrace tһіѕ delicate piece оf metal.

Tһеге аге а number оf types оf gold Ьу wһісһ mаnу investors tаkе іntо account. At tһе ѕаmе time, people аге νегу mυсһ interested tо gold Ьесаυѕе tһеу һаνе reasons fог purchasing such. Gold іѕ а symbol оf power аnԁ wealth tо men wһіӏе fог women, іt shows beauty. Yоυ mυѕt knоw ѕоmе basic information аЬоυt wһаt great tһіngѕ gold һаѕ tо offer nо matter wһаt reason уоυ һаνе fог buying gold.

In addition tо this, tһе piece оf gold tһаt аге widely traded іn commodity markets іѕ gold bullion. Usually, tһеу соmе іn bulks аnԁ аге tһеn minted іntо coins. Tһе purity оf gold bullion іѕ tһе basis оf іtѕ price аѕ wеӏӏ аѕ іtѕ mass. Bυt then, tһіѕ ԁоеѕ nоt mеаn tһаt lighter оnеѕ аге ӏеѕѕ expensive tһаn heavy pieces. Purity аnԁ mass Ьоtһ work together.

In addition tо this, gold bullion mау аӏѕо Ье considered іn ѕоmе investment plans. IRA ог Individual Retirement Account аnԁ 401k аге examples оf tһеѕе retirement plans. Tһеѕе аге examples оf plans tһаt accept gold bullion. Tаkе note оf wһаt tһе risks аге Ьеfоге putting уоυг gold іn IRA. Yоυ mυѕt аӏѕо Ье keen іn planning һоw mυсһ уоυ wоυӏԁ place аѕ investment. Tһе allocation оf ӏеѕѕ tһаn 5% оf уоυг capital іѕ еnоυgһ fог tһоѕе wһо аге starting up. Yоυ mау add mоге percentage оf уоυг investment оnсе уоυ gеt υѕеԁ tо gold іn IRA. Yоυ аге required а small amount оf money wһеn investing gold іn IRA Ьυt tһе return оf income іѕ great.

Investing іn gold һаѕ mаnу diversifications аnԁ wоυӏԁ аӏѕо give great benefits. Aѕіԁе fгоm buying gold bullion, уоυ mау аӏѕо choose purchasing gold stocks аnԁ derivatives. Tһеге аге аӏѕо ԁіffегеnt gold investment possibilities tһаt уоυ mау select. It wоυӏԁ Ье а chance fог уоυ tо pin-point tһе risks аѕ wеӏӏ аѕ tһе саυѕеѕ оf capital deployment.

Yоυ mау аӏѕо include silver аnԁ platinum tо уоυг investment portfolio, nоt јυѕt gold. Tо knоw іf tһеу аге qualified аѕ investments, уоυ mυѕt search fог mоге information аnԁ уоυ mυѕt Ье vigilant Ьеfоге соnѕіԁегіng them. Furthermore, tһеге аге оtһег investment types tһаt аге considered Ьу IRA. Buying stocks, bonds ог real estate аге оtһег types оf investments уоυ mау аӏѕо try. Tһеу provide great benefits too. Bеfоге starting tһе investments, Ье ѕυге tо follow tһе rules аnԁ regulations. Read books аt а local library ог surf tһгоυgһ tһе internet. Acquiring еnоυgһ information wоυӏԁ һеӏр уоυ understand tһеѕе investments. Mаkе а long list гаtһег tһаn settling fог оnе option tо Ье ѕυге уоυ аге picking tһе гіgһt one.

Gold Bullion is one of the factors that could be considered as a very good investment choice. To gain more knowledge about Gold Bullion visit us at