Keyword: usmint
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This is sounds like gaslighting by the U.S. Mint while they look to make a tidy little profit too. Maybe the Mint ought to just call it the Lon Horiuchi federal marksmanship award?!? Here’s the description: Bronze miniature replica of the Congressional Gold Medal honoring the U.S. Capitol Police and those who protected the U.S. Capitol on January 6, 2021. 1.5 inches in diameter. Every day, the United States Capitol Police protects the U.S. Capitol, Members of Congress, staff, journalists, and the visiting public. On January 6, 2021, a mob of insurrectionists forced its way into the U.S. Capitol building...
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A bipartisan bill to authorize the U.S. Mint to alter the metal content of coins in order to save taxpayers money will be reintroduced on Thursday, the two senators sponsoring the bill told CNBC exclusively. The bill’s reintroduction comes just days after a new report from the U.S. Mint revealed that in 2022, soaring costs for raw metals drove the price of minting a single nickel past 10 cents, or more than double the value of the coin itself. GOP Sen. Joni Ernst, of Iowa, and Democratic Sen. Maggie Hassan, of New Hampshire, say their legislation is designed to cut...
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The United State Mint unveiled designs for the 2021 Morgan and Peace centennial silver dollars. They also revealed where they will be made and how many mint and privy marks will be used. Authorized under Public Law 116-286, the 1921 Silver Dollar Coin Anniversary Act, the U.S. Mint will strike the silver dollars in recognition of the 100th anniversary in 2021 of the production transition from Morgan dollars to Peace dollars. Mint staff were able to develop the 2021 designs by scanning old assets, including Morgan and Peace dollars, hubs, plasters, and galvanos. The finest scanned components were digitally mapped...
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With The Fed printing money ‘out the wazoo’, monetizing COVID relief package debt as fast as Congress can pass the bills, demand for bullion was already surging. However, the last week or so, on the heels of the Reddit-Raiders taking aim at Silver, demand for silver (and gold coins) has exploded… Sales of U.S. gold bullion coins rose 258% in 2020 while silver coin demand was up 28%, the U.S. Mint said Tuesday.Which has led to bullion dealers running dry of stock and physical premium to paper silver prices soaring to record highs.And now, courtesy of Reuters, we have an...
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US Mint Closing Down Again Due To The Virus per 3 bullion dealers I spoke to an hour ago. Premiums are likely to rise on eagles.
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The coins, which will be sold to the public beginning Jan. 24, 2019, in gold, silver and clad metal, are only the second in the Mint's history to be curved — one side is domed, the other side shaped like a bowl. "These coins are a bit unique, with a distinct curve that you will be able to see and feel," said Ryder. The coins' reverse, or tail's side, is convex, resembling the outward curve of an astronaut's helmet and feature a design based on an iconic photograph of Buzz Aldrin's visor, showing the Apollo 11 lunar module "Eagle," the...
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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...
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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:
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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. …
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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...
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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...
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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 ...
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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...
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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.
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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...
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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...
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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...
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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.
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The new dollar coin does not have the inscription In God We Trust....is this a first?
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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...
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