The United States Mint will begin selling the 2013 American Eagle West Point Two-Coin Silver Set tomorrow (May 9, 2013) at 12 noon EDT. The initial sales price has been lowered from the originally announced $149.95 to $139.95 (not including shipping and handling). There will be no mintage limit or household ordering limit, but sales will only be open for a period of four weeks and will close on June 9 at 5:00 pm ET. The set will contain one 2013 Reverse Proof Silver Eagle with a W mint mark and one 2013 Enhanced Uncirculated Silver Eagle with a W mint mark. Each coin is struck from 99.99% pure silver and weighs one Troy ounce. Last year the two coin San Francisco Silver Eagle set sold almost 250,000 units.
Image courtesy of: The U.S. Mint
Europe, says James Turk, founder and chairman of GoldMoney, is in the midst of two crises—one in the banking sector, the other related to economic activity, and capital is needed to solve both. As to the allegedly strong dollar, Turk, in this interview with The Gold Report, suggests comparing it to the price of gold rather than other fiat currencies for a better picture. And the world's newest currency—Bitcoin—has a lot in common with one of the oldest—gold.
There was an air of sadness in the room as the final part of the Bentley Collection went under the hammer. The end of an eighteen month journey of auctions, and thirty four years of collecting, did not however go out with a whimper. 306 lots achieved a sale total of £845,292 (inclusive of buyer’s [...]
Around noon Eastern Time on Wednesday, April 3, 2013, the United States Mint trimmed prices on its coin collecting products containing gold. These include its eight First Spouse Gold Coins from last year and its newly released products with 5-Stars Generals Gold Commemorative Coins. Price cuts, either $12.15 or $25.00 per coin collecting product, resulted [click to continue…]