Coin Collecting News

Monday
8 September 2008

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{Tag Archives} American Eagle Gold Coins

Mint Allocates One-Ounce Gold Eagles - NumisMaster

The Mint began allocating supplies of one-ounce American Eagle gold bullion coins Aug. 25 because demand is outstripping supply.

Since March one-ounce silver American Eagle coins have also been allocated by the Mint because of high demand and limited supply.

Read article: Mint Allocates One-Ounce Gold Eagles - NumisMaster

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US Mint Resumes Limited American Eagle Gold Coin Sales - Coin News

Overwhelming demand forced the United States Mint to suspend one-ounce American Eagle gold coin sales  to their network of Authorized Purchasers on August 17.

The suspension of the investment gold coins has been lifted — at least on a limited basis, according to a U.S. Mint memo to its authorized dealers on August 22.

Read article: US Mint Resumes Limited American Eagle Gold Coin Sales - Coin News

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Mint suspends red-hot Eagle gold coins - Reuters

NEW YORK (Reuters) - A shortage of American Eagle bullion coins due to soaring demand following a recent sharp retreat in gold prices has forced the U.S. Mint to temporarily suspend sales of the popular coins.

“Due to the unprecedented demand for American Eagle gold one-ounce bullion coins, our inventories have been depleted.

Read article: Mint suspends red-hot Eagle gold coins - Reuters

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U.S. Mint promotes new gold coins for Asian Americans - American Chronicle

The United States Mint recently began selling its latest gold coin product targeted for Asian Americans. In a continuation of the Mint’s Celebration Series, the 8-8-08 Double Prosperity Set was launched August 1, 2008. The set includes two, uncirculated one-half ounce 2008 gold coins — the 22-karat American Eagle and the 24-karat American Buffalo.

Read article: U.S. Mint promotes new gold coins for Asian Americans - American Chronicle

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U.S. Mint Stops American Eagle Gold Coin Sales - Coin News

The Gold Anti-Trust Action Committee (GATA) reported Friday that the United States Mint has suspended sales of American Eagle gold coins to their network of Authorized Purchasers.

The suspended coins are bullion coins (non collector versions) the Mint will not sell directly to the public, but instead to Authorized Purchasers who can then sell to the public.

Read article: U.S. Mint Stops American Eagle Gold Coin Sales - Coin News

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U.S. Mint Marketing to Asian Americans - AsianWeek

SAN FRANCISCO - “For too long the U.S. Mint has catered to white middle-aged men,” said United States Mint Director Ed Moy during his Aug. 6 visit to the U.S. Mint here. “The U.S. Mint serves all Americans, and we want to make it accessible for everyone, including all ethnicities and women.”

To do that, Moy, the first Chinese American director, and his staff plan to market products to each respective group, with the focus first on Asian Americans.

Read article: U.S. Mint Marketing to Asian Americans - AsianWeek

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US Mint Suspends Gold Eagle Sales - NumisMaster

The Gold Anti-Trust Action Committee is reporting at their website that The U.S. Mint has suspended sales of American Eagle one ounce gold coins and is refusing orders from dealers.

GATA reports that two coin and bullion dealers have confirmed the suspension by the Mint. This news was initially reported by American Precious Metals Exchange.

Read article: US Mint Suspends Gold Eagle Sales - NumisMaster

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Uncle Sam takes aim at Asian-Americans with new gold coin set - ContraCostaTimes.com

Niche marketer Uncle Sam came west on Wednesday to shill shiny coins to Asian-Americans, hoping to turn Olympic Games fervor into solid-gold fever.

Opening the federal Mint building here to a rare glimpse of coin proof-making, U.S. Mint Director Ed Moy announced a set of commemorative gold coins tagged to Aug. 8 — 8/8/08 — the Friday start of the Olympic Games in Beijing. In Cantonese, eight sounds like a word that means “prosper” or “wealth.”

Read entire article: Uncle Sam takes aim at Asian-Americans with new gold coin set - ContraCostaTimes.com

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United States Mint Director Displays 8-8-08 Double Prosperity Set

Journalists Get Special Glimpse Inside United States Mint at San Francisco

SAN FRANCISCO - As the world prepares for the opening of the Games of the XXIX Olympiad in Beijing, China, on August 8, 2008, United States Mint Director Ed Moy invited reporters to the United States Mint at San Francisco, where he introduced the 8-8-08 Double Prosperity Set. This set of two gold coins is the second installment of the United States Mint Celebration Series, meant to provide special numismatic products for gift-giving occasions. The new set features one 24-karat American Buffalo One-Half Ounce Gold Uncirculated Coin and one 22-karat American Eagle One-Half Ounce Gold Uncirculated Coin. Read the rest of this entry »

Filed in: Coin Press Releases, Gold Coins, U.S. Coins, United States Mint

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U.S. Mint Announces Double Prosperity Coin Set - Coin News

The United States Mint today announced the introduction of a new coin product named the 8-8-08 Double Prosperity Set. The set includes two, uncirculated one-half ounce gold coins — the 22-karat American Eagle and the 24-karat American Buffalo.

The two-coin set is priced at $1,298.95, and will go on sale at the Mint’s online website on August 1, 2008 at noon (ET).

Read entire article: U.S. Mint Announces Double Prosperity Coin Set - Coin News

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United States Mint Releases 8-8-08 Double Prosperity Set August 1

Second Product in United States Celebration Series Features American Buffalo and American Eagle Gold Uncirculated Coins

Washington - The second special numismatic product in the United States Mint Celebration Series will be available for purchase beginning noon Eastern Time on August 1, 2008.  The 8-8-08 Double Prosperity Set, priced at $1298.95, features one 24-karat American Buffalo One-Half Ounce Gold Uncirculated Coin and one 22-karat American Eagle One-Half Ounce Gold Uncirculated Coin.

The United States Mint Celebration Series, launched in February 2008, is a new initiative to explore the feasibility of introducing various numismatic coin products that are packaged and positioned to celebrate special gift-giving occasions and celebratory events.

The number “8″ is traditionally associated with prosperity in Asian cultures.  The triple “8″ date is highly significant as it occurs only once every 100 years. Read the rest of this entry »

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