The US Mint continues to be slow and unable to meet investor demand.
The failures of the Mint and their planchet suppliers have led directly to significant increases in dealer premiums in recent weeks. This week, the lowest dealer premium for silver eagles is more than 60% over spot price.
Some dealers, such as APMEX and JM Bullion are currently selling silver eagles with premiums at over 88% above spot price.
New 1 oz Liberty Gold Coin from the US Mint expected to be released this summer alongside 1 oz silver medal.
Both the Perth Mint and the Royal Mint have announced huge increases in year over year sales of precious metals.
Several weeks ago, the New York Federal Reserve quietly launched a 12 week long trial of a CBDC “digital dollar” pilot program in partnership with global banking giants like Citigroup Inc, HSBC Holdings Plc, Mastercard Inc and Wells Fargo & Co. The NYFR describes the project as an attempt to test the feasibility of using … Read moreNY Federal reserve launches CBDC “trial” on the heels of FTX collapse
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
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. 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 U.S. Mint ships American Silver Eagles in bulk to its network of authorized purchasers using standardized packaging known as a monster box. Understanding what a monster box is — and how the packaging works — is useful for investors who buy silver in quantity. After striking, the Mint packages Silver Eagles into plastic tubes … Read moreWhat is a Silver Monster Box?