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, retail dealers, and private investors. In the … Read moreUS Mint Authorized Wholesale Purchasers
The US Mint reported last week that they have temporarily run out of stock of 2018 American Silver Eagle Coins. The temporary sell out is likely due to the recent drop in silver spot price. It’s unclear whether it’s consumers driving the sales demand of the Silver Eagle coins or if it’s dealers trying to … Read moreLower spot price causes sell out of US Mint supply of Silver Eagles
The US Mint is releasing the 2018 1 oz Proof Palladium Eagle coins on its website on September 6, 2018 at the retail price of $1,387.50. Bullion distributors have had limited access to purchase the coin through wholesale channels with the mint event though demand for the coin has been high. Two major dealers are offering … Read moreMonument Metals and Provident Metals Offering High Buy Back Prices on 2018 Proof Palladium Eagle Coins