Costco, the popular warehouse club known for bulk products and discount pricing, in recent months began offering 1 oz gold bars from PAMP Suisse and Rand Refinery for members to purchase via their website.
This week, various reports are emerging online that the Member’s Only retailer has increased its product offerings of precious metals to include tubes of American Silver Eagle coins, with customers reportedly receiving 2023 mintage year coins.
Earlier this year, the US Government hit a new milestone. The amount of government debt in the United States has grown to exceed $33.88 Trillion as a result of overspending by elected officials. The growing U.S. government debt is a complex issue with significant implications for American citizens and taxpayers.
The America the Beautiful series was conceived as a continuation of the popular state quarters program that was launched in 2010. The series included 5 oz silver coins as well as 90% Silver Proof Quarters. The complete series included 56 different designs by its conclusion in 2021. For investors looking for options from the US Mint, these 90% Silver coins make an excellent option for junk silver investors looking to add weight to your stack.
The US Mint typically ships newly minted American Eagle coins during the beginning of January. Many trusted and reputable online bullion dealers have begun selling 2024 American Eagle Coins with delivery expected during the second week of January.
The United States Mint has released the preliminary schedule of the 2024 mintage year numismatic products with the anticipated dates of availability. All dates and prices are subject to change by the United States Mint and some on-sale dates may experience delays without prior notice due to limited resources.
For 2023, the US Mint has decided to release only the Burnished Palladium Eagle with an uncirculated finish. The coin is minted at the West Point Mint and is geared towards collectors. According to the Mint, no bullion version will be available this year.
The product release schedule is updated periodically as materials and production capacity adjustments are made by the US Mint. The Mint has provided an update to its 2023 numismatic products launch schedule through the end of November.
The Morgan Silver Dollar production resumed in 1921 for a brief period before being replaced later in the year.
The US Mint is one of the oldest continually operating minting operations in the world and all other mints use variants of the Mint’s processes. The Mint remains one of the world’s largest producer of coins today. Issues related to the production of bullion coins have led to huge increases in Silver Eagle premiums in recent years.
Many investors are looking to buy sovereign bullion coins from other mints. While many are still buying 1 oz silver eagles, some are concerned that the Mint suppliers are also making huge profits from the record high premiums caused by the shortages.
The American Palladium Eagle is the United States Mint’s official palladium bullion coin. The obverse contains a modernized design of Weitsman’s famous Mercury Dime, with Liberty portrayed with her hair tucked back like wings