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Keyword: usmint

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  • Lady Liberty Will Be Depicted as Black Woman on New Coin, Treasury Says

    01/15/2017 5:52:24 PM PST · by nickcarraway · 81 replies
    KKTV ^ | Jan 14, 2017
    Lady Liberty will be depicted as a black women on a coin -- the first time in the nation’s history Lady Liberty has not been a white woman -- the U.S. Treasury Department announced on Thursday. The coin, worth about $100 face value, is part of a commemorative series to honor the 225th anniversary of the U.S. Mint. “The 2017 American Liberty 225th Anniversary Gold Coin is the first in a series of 24-karat gold coins that will feature designs which depict an allegorical Liberty in a variety of contemporary forms-including designs representing Asian-Americans, Hispanic-Americans, and Indian-Americans among others-to reflect...
  • For the first time ever, there will be a black Lady Liberty on a coin

    01/13/2017 10:49:33 AM PST · by DeathBeforeDishonor1 · 140 replies
    CNN Fake News ^ | 1/12/17 | AJ Willingham
    A new commemorative coin from the U.S. Mint and Treasury features a fresh depiction of Lady Liberty. With a crown of stars in her hair and a toga-like dress, she's as patriotic as ever. She's also, for the first time on an officially minted coin, portrayed as a black woman. The United States Mint unveiled the 24k gold coin in commemoration of their 225th anniversary. Gaze upon her beauty in full:
  • Liberty depicted as black woman on $100 gold coin

    01/13/2017 8:50:43 AM PST · by Olog-hai · 96 replies
    Associated Press ^ | Jan 13, 2017 8:44 AM EST
    The U.S. Mint has unveiled a commemorative $100 gold coin that features an image of Liberty as a black woman. The 2017 American Liberty 225th Anniversary Gold Coin shows the woman’s head in profile with a crown of stars. […] The mint says it’s the first in a series of 24-karat gold that will also depict Liberty in designs representing Asian-Americans, Hispanic-Americans and Indian-Americans. …
  • Meet the 11-year-old girl whose letter to President Obama led to plans for the first woman..

    04/21/2016 12:15:18 PM PDT · by PROCON · 56 replies ^ | April 21, 2016 | HANNAH PARRY
    Full Title: Meet the 11-year-old girl whose letter to President Obama led to plans for the first woman on US currency in more than a centuryA woman will feature on US currency for the first time in more than 100 years - thanks to the efforts of an 11-year-old girl. Sofia, from Cambridge in Massachusetts, had written to President Barack Obama in 2014 after a school project on historic American heroes. 'I realized no women had their face on our currency, so I went home and wrote the letter,' she told WCVB. The schoolgirl demanded to know why there were...
  • Family wins back 1933 $20 Double Eagle gold coins worth $80 million seized by feds

    04/18/2015 7:29:36 AM PDT · by Kid Shelleen · 75 replies
    A family was awarded the rights to 10 rare gold coins possibly worth $80 million or more on Friday after a U.S. appeals court overturned a jury verdict. U.S. Department of the Treasury officials insist the $20 Double Eagles were stolen from the U.S. Mint in Philadelphia before the 1933 series was melted down when the country went off the gold standard. They argued that Joan Langbord and her sons cannot lawfully own the coins, which she said she found in a family bank deposit box in 2003. Langbord's father, jeweler Israel Switt, had dealings with the Mint in the...
  • Terrorist plans targeting Washington monuments discovered in Afghanistan

    01/30/2002 3:41:41 PM PST · by anniegetyourgun · 135 replies · 495+ views ^ | 1/30/02 | NBC News
    SEATTLE - NBC News is reporting that the Space Needle in Seattle - a high-profile landmark in America's Pacific Northwest - was apparently a target for al-Qaida terrorists. U.S. officials tell NBC News evidence found in Afghanistan uncovered plans to attack the high-profile Space Needle along with other monuments in Washington State, including massive hydroelectric dams, like the Grand Coulee. According to the NBC News report, plans were also found that targeted the Los Angeles International Airport for a second time. An earlier plot to bomb the airport was foiled two years ago when convicted terrorist Ahmed Ressam was arrested ...
  • US Mint Sells Out Of Silver Eagles Following "Tremendous" Demand

    11/05/2014 3:05:13 PM PST · by blam · 30 replies
    BI ^ | 11-5-2014 | Tyler Durden
    Tyler Durden11/05/2014 When it comes to buyers of physical assets as opposed to traders of paper representations of such assets, there is one key difference: the latter, more than anything, enjoy looking at "heatmaps", chasing trends and jumping on momentum, the result being the most recent massive selloff in such "paper" representations of precious metals as the GLD and SLV ETFs, and various gold futures. On the other hand, those who prefer to hold the metal in their hands, as well as others such as China whose ravenous apetite for gold over the past 4 years has been extensively covered...
  • $10 Million Gold Coin Find May Have Been Stolen from San Francisco Mint

    03/04/2014 6:34:12 PM PST · by rktman · 26 replies ^ | 3/4/2014 | Unknown
    A US couple who unearthed gold coins worth more than $10 million might have to return them as they may have been stolen, a report said. The California couple uncovered eight cans filled with more than 1,400 coins on their property, in what is believed to be the most valuable treasure trove ever discovered in the United States. They took them to a firm specializing in ancient coins, Kagin's Inc, which valued them and announced last week that they will sell them, via online retail giant Amazon.
  • $10M Gold Coin Hoard Found in Yard May Have Been Stolen From Mint

    03/04/2014 4:39:40 PM PST · by Extremely Extreme Extremist · 41 replies
    A California couple who found a stash of buried gold coins valued at $10 million may not be so lucky after all. The coins may have been stolen from the US Mint in 1900 and thus be the property of the government, according to a published report. The San Francisco Chronicle's website reported that a search of the Haithi Trust Digital Library provided by Northern California fishing guide Jack Trout, who is also a historian and collector of rare coins, turned up the news of the theft. The California couple, who have not been identified, spotted the edge of an...
  • Obama Admin Drafted Memos on Trillion-Dollar Coin During Debt Ceiling Showdown

    12/03/2013 9:45:54 AM PST · by Para-Ord.45 · 30 replies ^ | December 3rd, 2013 | Evan McMurry
    Fans of economic policy may recall that during one of the many recent debt ceiling showdowns, the idea to mint a trillion-dollar platinum coin came to the fore. It turns out that the Obama administration took the idea seriously enough to have the Justice Department’s Office of Legal Counsel draft memos pertaining to its legality, a fact belied by the White House’s out-of-hand dismissal of the option in January. In response to the Huffington Post’s Freedom of Information Act request, the OLC confirmed that memos about the legality of minting a high-value platinum coin had been written since Obama took...
  • The U.S. Mint Halts American Gold Eagle Sales

    04/24/2013 1:11:26 PM PDT · by shove_it · 24 replies
    WallStCheatSheat ^ | 24 APR 2013 | Eric McWhinnie
    The price movement of gold often attracts a great deal of attention. When the precious metal makes a noticeable increase, it regularly leads to perma-bulls calling for the next great explosion. On the other hand, any dips or corrections lead to critics calling for an end to the 12-year bull market. Both sides are debatable, but there is clearly an interest in gold and silver at the U.S. Mint. ~snip~ Due to heavy demand, the U.S. Mint has halted sales of the one-tenth ounce American Gold Eagle, its smallest-denomination gold bullion coin. This is the first time the Mint has...
  • Bid Farewell to Pennies and Nickels!

    11/27/2012 1:30:24 PM PST · by angelcindy · 202 replies
    Wealth Wire ^ | , November 26th, 2012 | Brittany Stepniak
    The U.S. is following Canada's footsteps regarding the production of pennies and nickels. According to U.S. Treasury Secretary Tim Giethner, our U.S. Mint intends to remove the penny and nickel coins from circulation beginning early in January 2013.
  • New George Washington dollar coin missing "In God We Trust"

    03/19/2012 11:47:20 AM PDT · by databoss · 75 replies
    mint | me
    The new dollar coin does not have the inscription In God We this a first?
  • US Mint touts cost savings in .999 silver switch

    02/28/2012 7:19:31 PM PST · by DeaconBenjamin · 25 replies
    Coin World ^ | Feb. 27, 2012 7:37 a.m. | By Paul Gilkes
    Switching the fineness of silver in the annual Silver Proof sets and America the Beautiful Quarters Silver Proof set to .999 from the current .900 would produce significant savings in refining and manufacturing costs for the U.S. Mint, according to spokesman Michael White. The move would also open the pool to additional blank vendors, White said. President ObamaÂ’s proposed Fiscal Year 2013 federal budget includes a provision to amend Title 31, Section 5112, so that the dime, quarter dollars and half dollars in the various Silver Proof sets would be required to be composed of no less than 90 percent...
  • Tea Partiers Want A New Dollar Coin And Refuse To Listen To The Free Market In The Process (?)

    10/02/2011 5:09:33 AM PDT · by danielmryan · 48 replies
    Capital Gains And Games ^ | September 28, 2011 | Stan Collender
    Over at TPM, Ryan Reilly has an intriguing post about the interest of some tea partiers for a new circulating dollar coin because it supposedly will save the federal government money.  This follows a story in the Huffington Post from a week ago about how Rep. David Schweikert (R-AZ) introduced a bill that would eliminate the dollar bill and substitute dollar coins.Here's some very personal and U.S. history about the dollar coin and why this is a terrible idea that is really nothing more than a corporate subsidy.Congress in the late 1990s mandated that the U.S. Mint create a new circulating...
  • US Mint SUSPENDS Sales of 5oz & Uncirculated Silver Eagles Due to Plummeting Prices

    09/28/2011 12:39:08 PM PDT · by SouthernmostFreeper · 9 replies ^ | Wed. 9-28-2011 | SilverDoctors
    RENO, NV - The U.S. Mint has temporary suspended the sale of several silver collector coins and sets including the uncirculated American Silver Eagles and the American the Beautiful Five Ounce silver coins. Plummeting silver prices prompted the Mint to initiate several product suspensions on Monday.
  • Dollar coins piling up at Baltimore reserve bank

    09/20/2011 5:17:44 PM PDT · by george76 · 42 replies
    Herald-Review ^ | September 14, 2011
    In a dimly lit underground vault a block from Camden Yards, the Federal Reserve is holding millions of dollars in cash that nobody wants... But a 2005 law requires the reserve bank to keep ordering coins regardless of its stockpile, and so vaults in Baltimore and around the country are filling up. ... a 2008 Harris poll that showed 76 percent of Americans prefer paper money. It costs 30 cents to make a $1 coin, but the Fed purchases it for face value - and the U.S. Treasury pockets the difference. In 2010, the Mint put about 400 million $1...
  • Big Changes Afoot at U.S. Mint?

    08/29/2011 7:29:33 PM PDT · by Atlas Sneezed · 51 replies
    Numismatic News ^ | 8-25-11 | David C. Harper
    The year 2013 might go down in the annals of numismatics as significant as 1933 when gold coinage was suspended or 1965, the year copper-nickel began to displace the former silver coinage. That’s the opinion of Deputy Mint Director Richard Peterson, who has been the top executive at the U.S. Mint since Ed Moy resigned the directorship at the end of last year. He was speaking at his Aug. 19 press conference at the American Numismatic Association’s World’s Fair of Money held in Rosemont, Ill. It will be in 2013 that Peterson will have to go back to Congress with...
  • Pa. family on trial over seized gold coins;US says 1933 “double eagles” stolen from mint

    07/06/2011 6:42:48 PM PDT · by Kid Shelleen · 52 replies
    AP via WAPO ^ | 07/06/2011 | staff
    A jeweler’s heirs with a cache of rare $20 gold coins will fight for the right to keep them when they square off in court this week against the U.S. Treasury. Treasury officials charge that the never-circulated “double eagles” were stolen from the U.S. Mint in Philadelphia in 1933. They could be worth $80 million or more, given that one sold for nearly $7.6 million in 2002. The coins come from a batch that were struck but melted down after President Franklin D. Roosevelt took the country off the gold standard in 1933
  • Ron Paul to probe US Mint Coin shortage

    04/02/2011 12:45:26 AM PDT · by Jet Jaguar · 23 replies · 1+ views ^ | April 2, 2011 | Daniela Cambone
    Rep. Ron Paul, R-Texas, has one question for the U.S. Mint: why is there a coin shortage? He is aiming to get to the bottom of this during a scheduled April 7 hearing of his U.S. House Subcommittee on Domestic Monetary Policy to examine the bullion programs at the U.S. Mint. “We are going to try and find out what the Mint has done so they can give us a better answer as to why there is a shortage. Why can’t they keep the supply of coins up?” said the congressman in an exclusive interview with Kitco News. Demand for...