Comments for Coin Update

Comment on February 15, 2012: Infantry Soldier Silver Dollars, Gold and Silver Bullion Sales, Early Half Dimes by Shutter

Shutter — Fri, 17 Feb 2012 03:50:46 +0000

NGC removed the article about special pedigree ID for Defender of Freedom set.

Comment on February 2, 2012: US Mint Sales Reports, $1 Bills and $1 Coins, Coin Dealers by GatorTrekE

GatorTrekE — Tue, 07 Feb 2012 14:24:00 +0000

The last Royal Canadian Mint $20 for $20 coin release, the canoe, was advertised in Numismatic News with a free shipping code to the U.S. Does anyone know if this release has a free code as well and if so, what that code is?

Comment on January 20, 2012: 2011 Army Half Dollar, Selling a Rare Coin Collection, Replica Coins by Luke slammer

Luke slammer — Wed, 01 Feb 2012 10:49:02 +0000

Has any 1 seen the new steel 5 and 10p coins the royal mint say They out this mouth so if u in guernsey and get 1 soon let me know email ok

Comment on January 23, 2012: 2012 Numismatic Silver Eagles, Pricing Coins, NYINC Auction Results by Vance Miller

Vance Miller — Wed, 25 Jan 2012 16:36:12 +0000

I am excited about the 2012-S Silver Eagles. It will be a beautiful addition to any collectors coin book. Thanks for all the other links to coin news, keeps me up to date with whats happening now.

Comment on December 14, 2011: Presidential Dollar Suspension, Star Spangled Banner Commemorative Designs by admin

admin — Thu, 15 Dec 2011 13:35:57 +0000

They are following the criteria specified in the document published in the Federal Register. This specifically allows sales to be halted in the event of rapidly rising precious metals prices. It makes no allowance for the halt or immediate adjustment of pricing in the event of rapidly falling precious metals prices.

http://www.federalregister.gov/articles/2011/11/02/2011-28354/notification-of-expanded-pricing-grid-for-precious-metals-products-containing-platinum-and

It’s not fair from a customer standpoint. From the Mint’s standpoint, they have written the rules to allow weekly price adjustments and protect themselves from being forced to sell at low premiums. They make no protections to prevent customers from buying at high premiums.

Comment on December 14, 2011: Presidential Dollar Suspension, Star Spangled Banner Commemorative Designs by rpw

rpw — Thu, 15 Dec 2011 05:41:45 +0000

Can someone please explain to me how/why the US Mint is always so quick to halt gold/silver coin sales when the prices go up drastically in any given day (as they were doing when the prices were rising several months ago) but now, when the prices are falling drastically, they only drop the price down ONE notch? If all goes as I predict, gold prices will slide further but the US Mint will NOT drop prices again until next Wednesday (if the prices at that time are lower than the price today).
Seems quite Unfair. I have been wanting to buy more gold but only at my price – which it would have hit today if they adjusted accordingly. If prices continue to drop tomorrow (as I expect they will), they should halt sales and lower their prices accordingly just as they do when prices go up.

Comment on December 12, 2011: 1787 Brasher Doubloon Sale, Presidential Dollars, Coin Market Outlook by ABC

ABC — Tue, 13 Dec 2011 02:02:22 +0000

In reference to the U.S Mint’s handling of the 25th Anniversary Silver Eagle sets. It’s amazing how the people who were quick to blame the previous mint director (Moy) for everything and anything under the sun that went wrong while he was director isn’t blaming the current acting director for what happened with the 25th anniversary sets. Hmmmm….I wonder why?

Comment on November 1, 2011: US Mint Sales Report, Coin Collecting Supplies, Classic Gold Coins by Jeff Mahl

Jeff Mahl — Wed, 16 Nov 2011 00:17:58 +0000

The new 25th. American Eagle sets are now out, and it seems everyone but collectors have a set.
The mint sure didn’t consider all the faithful collectors who have for years subscribed to the auto ships and dedicated their monies and passions to the legacy of collecting as a heirloom for future generations to enjoy and even continue collecting for their future sons and daughters. The only thing the mint accomplished with a 5 set limit was to keep the real collectors from receiving any and putting the lions share into the greedy mongers to exploit on ebay. Its a sad state in the real world when watching what just happened.

Comment on October 26, 2011: 25th Anniversary Silver Eagles, 2012 Coin Release Dates, Early Commemorative Coins by Gary

Gary — Sat, 29 Oct 2011 17:47:28 +0000

Sorry meant cut their pay for a month.

Comment on October 26, 2011: 25th Anniversary Silver Eagles, 2012 Coin Release Dates, Early Commemorative Coins by Gary

Gary — Sat, 29 Oct 2011 17:46:35 +0000

Our government spends over billion dollars a day. How is the saving from the dollar bill being discontinued going too really do anything? We spend that savings in a month. If we cut the pay of every Governor, Mayor, our president, and other office holder would save more money than discontinuing the dollar.