On August 30, A-Mark announced that their JM Bullion subsidiary had entered into an agreement to buy online bullion dealer BGASC for $4.5 million in cash. BGASC was founded in 2012 in California and has reported more than 70,000 customers and $200 million in annual revenue. BGASC is an abbreviation for Buy Silver and Gold … Read moreA-Mark/JM Bullion acquires BGASC
The US Mint has announced a pause in the production of the new Morgan and Peace dollar coins. The suspension of sales and production is a result of supply chain constraints brought on by the pandemic. The Mint has stated previously that they have been having difficulty procuring silver planchets to meet demand and production … Read moreUS Mint Halts Production of 2022 Morgan Dollar and Peace Dollar Coins
This year marks the 100th anniversary of the switchover from the Morgan Dollar to the Peace Dollar in 1921. Public Law 116-286, the 1921 Silver Dollar Coin Anniversary Act, was approved by Congress on December 19, 2020 and signed into law by the President on January 5, 2021. The US Mint halted the production of … Read moreUS Mint to Produce 2021 Morgan and Peace Centennial Silver Dollars
End of World War II 75th Anniversary American Eagle Silver Proof Coin The most anticipated coin release in recent time was last years’ 2019-S Reverse Proof American Silver Eagle coin. With only 30,000 coins minted, the coin was sold out in minutes from the US Mint website. Many of those that were lucky enough to … Read more2020 American Eagle Silver Privy Proof Coin – End of World War II 75th Anniversary
The Unveiling of the New American Eagle Coin Designs New reverse designs for both the American Silver Eagle and the American Gold Eagle coins have just been unveiled by the United States Mint. These exciting new designs will be featured on collectible and bullion coins in 2021. The reverse or tails designs will be available … Read moreUS Mint Releases Reverse Designs For 2021 American Gold And Silver Eagle Coins
The American Gold Eagle is minted annually by the US Mint to provide precious metals investors with a trusted store of value. Historical mintage charts highlight periods of strong consumer demand for bullion investments, which can be an indicator of the state of the economy and general investment priorities.
In celebration of the US Mint releasing the 2019-W Quarters into the wild, the coin grading company PCGS, has announced a number of rewards and bounty programs to those who submit some of the first coins for grading. The reward of $5,000 for first qualifying 2019-W Lowell quarter submitted and certified to PCGS has been … Read morePCGS Awards $5,000 Bounty for Circulated W Mint Mark Quarters
The US Mint ships bullion coins, including American Silver Eagle coins in bulk to authorized wholesale distributor in special packaging called a Silver Monster Box. After minting, the US Mint packages bullion coins in plastic tubes. Each standard tube holds twenty 1 oz coins. The tubes are then fitted into the Silver Monster Box 25 … Read moreWhat is a Silver Monster Box?
According to sales data released by the U.S. Mint this week, sales of both American Silver Eagle (ASE) and American Gold Eagle (AGE) coins were down in 2018. According to sales data, the U.S. Mint sold 245,500 ounces of Gold Eagle bullion coins during 2018. This was down from 302,500 ounces in 2017 and 985,000 in 2016. Silver … Read moreSales of American Eagle gold and silver coins drop to 11 year low
Unlike other world mints, the United States Mint does not sell its bullion coins directly to the public. Instead, the coins are distributed through a network of official distributors called Authorized Purchasers. The Authorized Purchasers then create a two-way market by buying and selling to precious metal wholesalers and private investors. In the United States, … Read moreUS Mint Authorized Wholesale Purchasers