{Tag Archives} United States Mint
Examining “Unprecedented Demand” for Gold Eagles - Mint News Blog
Oct 10 at 9:09pm
Earlier this week, the United States Mint took further actions to meet the increased demand for gold and silver bullion coins. This included production halts for certain bullion offerings and the continued allocation for one ounce Gold and Silver American Eagle coins. Within the memorandum sent to authorized bullion purchasers, the US Mint specifically stated, “gold and silver demand is unprecedented.”
Read article: Examining “Unprecedented Demand” for Gold Eagles - Mint News Blog
Filed in: Blogs, Gold Coins, United States Mint
Article Tags: Coin Blog, Gold Coins, Mint News Blog, United States Mint.
Wicker Praises Relocation of “In God We Trust” on Presidential $1 Coins - Coin News
Oct 10 at 9:09pm
U.S. Sen. Roger Wicker has more reason to celebrate than most for the new 2009 Presidential Dollar designs the United States Mint released on Wednesday. He introduced the amendment calling for the motto “In God We Trust” to be relocated from the edge of the $1 coin to its face. (View up close 2009 Presidential $1 Coin design images.)
“The words of these two phrases symbolize who we are as Americans and should not be relegated to the rim of this new, high-profile coin. They should continue to be proudly and prominently displayed,” said Mr. Wicker in 2007 when he was a member of the U.S. House of Representatives.”
Read article: Wicker Praises Relocation of “In God We Trust” on Presidential $1 Coins - Coin News
Filed in: Coin Designs, CoinNews, Presidential Dollar Coins, United States Mint
Article Tags: CoinNews, Presidential $1 Coins, Presidential Dollar Coins, United States Mint.
Country Takes Notice of New Cent Designs - NumisMaster
Oct 9 at 10:10pm
The public got its first glimpse of the new Lincoln cent reverse designs on Sept. 22. U.S. Mint Director Ed Moy and Jim Rubin, an Abraham Lincoln look-alike, revealed them on the steps of the Lincoln Memorial.
The new designs are meant for four 2009 circulating cents in honor of the bicentennial of Lincoln’s birth and the 100th anniversary of the Lincoln cent. They each mark a different phase in Lincoln’s life:
Read article: Country Takes Notice of New Cent Designs - NumisMaster
Filed in: Coin Designs, NumisMaster, U.S. Coins, United States Mint
Article Tags: Lincoln Cent, NumisMaster, Pennies, United States Mint.
Presidential $1 Coin Designs for 2009
Oct 9 at 10:10pm
The United States Mint on Wednesday introduced newly designed 2009 Presidential $1 coins and released detailed artist images of the dollars. The American public will see 2009 circulating coins honoring Presidents William Henry Harrison, John Tyler, James K. Polk and Zachary Taylor. Most interestingly, different design elements have been implemented compared to the initial series of 2007 and 2008 coins.
Notable in the new designs is the placement of “In God We Trust,” which in past years has been on the edge of each Presidential dollar. A public outcry occurred when the U.S. Mint inadvertently issued a small subset of 2007 dollars that did not have the inscription because of minting errors. Also, while many thought edge letterings on coins would be a fresh approach, fewer liked “In God We Trust” there …
Read article: 2009 Presidential $1 Coin Design Images
Filed in: Coin Designs, CoinNews, Presidential Dollar Coins, United States Mint
Article Tags: CoinNews, Presidential $1 Coins, Presidential Dollar Coins, United States Mint.
U.S. Mint Halts Production of Two American Eagle Gold Coins - Coin News
Oct 8 at 6:06pm
The United States Mint halted production and will no longer ship 2008 one-half ounce and one-quarter ounce American Eagle gold coins to authorized dealers, it was announced Monday. Additional gold and platinum coins will be halted when their blank inventories are depleted.
“Due to the extreme fluctuating market conditions for 2008, as well as current market conditions, gold and silver demand is unprecedented and the demand for platinum is unusually high,” the U.S. Mint said in a memorandum.
“The U.S. Mint has worked diligently to attempt to meet demand, however, blank supplies are very limited and it is necessary for the U.S. Mint to focus remaining bullion production primarily on American Eagle Gold one-ounce and Silver one-ounce coins,” the Mint said.
Read article: U.S. Mint Halts Production of Two American Eagle Gold Coins
Filed in: CoinNews, Gold Coins, U.S. Coins, United States Mint
Article Tags: American Eagle Gold Coins, CoinNews, Gold Coins, United States Mint.
United States Mint Unveils 2009 Presidential $1 Coin Designs
Oct 8 at 6:06pm
WASHINGTON - The United States Mint today released the four new portraits that will appear on the obverse (heads side) of Presidential $1 Coins in 2009. The coins honor former Presidents William Henry Harrison, John Tyler, James K. Polk and Zachary Taylor.
“We hope Americans not only appreciate the aesthetic qualities of the Presidential $1 Coins, but also remember each President’s legacy every time they use the coins in their daily transactions,” said United States Mint Director Ed Moy. “Presidential $1 Coins are convenient to use, save the taxpayers money, and are durable and last for decades.”
Beginning with the William Henry Harrison Presidential $1 Coin next year, “In God We Trust” will appear on the obverse of all Presidential $1 Coins. As a result, the edge lettering of the 2009 Presidential $1 Coins will be slightly different from that of 2007 and 2008. Where currently there are single dots (delimiters) between the inscriptions, in 2009 there will be three stars between “E Pluribus Unum” and the mint mark and 10 stars between the year of minting and “E Pluribus Unum.” Read the rest of this entry »
Filed in: Coin Press Releases, Presidential Dollar Coins, U.S. Coins, United States Mint
Article Tags: Presidential $1 Coins, Presidential Dollar Coins, United States Mint.
Mastering the penny - The Advance Titan
Oct 7 at 10:10pm
Every American is familiar with the penny. The little copper coin bearing a bust of President Lincoln resides in many a wallet and penny jar across the country.Most Americans use coins every day, but they probably don’t think about the process of designing and minting the coins. Richard Masters, an art professor at UW-Oshkosh, was the same way for a long time.
He said, “You know, when we were kids collecting coins, you never thought about the artist behind the design on there. You thought the coin gods are doing this, or somebody you never heard of. And when you see your own work on something like that it just seems to make the world smaller.”
Read article: Mastering the penny - The Advance Titan
Filed in: U.S. Coins, United States Mint
Article Tags: Lincoln Cent, Pennies, United States Mint.
Gold & Silver Bald Eagle Coins Going Fast - MarketWatch
Oct 6 at 2:02pm
The non-profit American Eagle Foundation ( www.eagles.org) announced today that United States Mint’s 2008 Bald Eagle Commemorative Coins are selling very well, and have already raised over $6 million dollars for the future protection of Bald Eagles. All three legal tender coins (gold, silver & clad) celebrate the successful recovery of the Bald Eagle to America’s skies …
“We’re grateful that so many patriots are stepping forward to support our nation’s living symbol of Freedom,” said AEF President Al Cecere. “Every American should do their part to help keep this majestic bird thriving for generations to come.”
Read article: Gold & Silver Bald Eagle Coins Going Fast - MarketWatch
Filed in: Commemorative Coins, Gold Coins, U.S. Coins, United States Mint
Article Tags: Gold Coins, United States Mint.
It’s a gold rush to Grand Rapids-area coin shops - mlive.com
Oct 3 at 11:11pm
As the economy continues to shake, cashing in on gold is sounding better than ever to some. And gold dealers are reaping the benefits. So many people are rushing to buy gold the U.S. Mint last week temporarily suspended sale of American Buffalo 24-karat gold coins.
The demand exceeded the mint’s supply and depleted its inventory, according to a U.S. Mint spokesman.
Read article: It’s a gold rush to Grand Rapids-area coin shops - mlive.com
Filed in: Gold Coins, U.S. Coins, United States Mint
Article Tags: Gold Coins, United States Mint.
Mint Stats: Bullion Coins Rise in Month-End Numbers - NumisMaster
Oct 3 at 11:11pm
End-of-the-month numbers show the Mint is still cranking out a lot of coins. Silver Eagles jumped by 450,000 pieces in a week. Demand is higher still. Any business would love to have that problem.
Read article: Mint Stats: Bullion Coins Rise in Month-End Numbers - NumisMaster
Filed in: NumisMaster, U.S. Coins, United States Mint
Article Tags: NumisMaster, United States Mint, United States Mint Stats.
US Mint produces 33.7 billion commemorative state quarters - Coin News
Oct 1 at 11:11pm
The U.S. Mint has produced a whopping 33,774,200,000 state quarters since the inception of the 50 State Quarters® Program in 1999. The total does not include the several hundred million Arizona state quarters that started to hit circulation in June. And by the program’s completion with the final Hawaiian commemorative later this year, the Mint will have issued well over 34 billion state quarters.
That’s quite impressive, despite a slowing U.S. circulating coin pace. And in reality, the Mint’s quarter production output is many millions higher.
Read article: US Mint produces 33.7 billion commemorative state quarters - Coin News
Filed in: CoinNews, U.S. Coins, United States Mint
Article Tags: CoinNews, Quarters, State Quarters, United States Mint.
Architect urged mint to employ good cents - sj-r.com
Sep 30 at 8:08pm
Earl Wallace Henderson doesn’t give up easily. As a fledgling architect, “Wally” Henderson designed the restoration of the Old State Capitol in the 1960s, when skeptics said it couldn’t be done.
Now, 40 years later, Henderson has triumphed again. Thanks to him, the building he saved will appear on millions of commemorative pennies due to be issued next year.
Read article: Architect urged mint to employ good cents - sj-r.com
Filed in: U.S. Coins, United States Mint
Article Tags: Lincoln Cent, Pennies, United States Mint.
U.S. Mint Suspends Buffalo Gold Coin Sales - Coin News
Sep 26 at 6:06pm
The United States Mint has temporarily suspended sales of American Buffalo one-ounce bullion coins to their network of Authorized Purchasers, it was announced Thursday.
“Demand has exceeded supply for American Buffalo 24-karat gold one-ounce bullion coins, and our inventories have been depleted. We are, therefore, temporarily suspending sales of these coins,” the Mint said in a memorandum.
Read article: U.S. Mint Suspends Buffalo Gold Coin Sales - Coin News
Filed in: CoinNews, Gold Coins, U.S. Coins, United States Mint
Article Tags: American Buffalo Gold Coins, American Eagle Gold Coins, CoinNews, Gold Coins, United States Mint.
Mint Stats: September Eagle Bullion Coin Totals Jump - NumisMaster
Sep 25 at 6:06pm
There were 50,000 ounces in gold added to American Eagle production figures. Most of that quantity went into one-ounce coins, though the tenth-ounce coin total doubled. Silver Eagles almost doubled, too.
Read article: Mint Stats: September Eagle Bullion Coin Totals Jump - NumisMaster
Filed in: NumisMaster, U.S. Coins, United States Mint
Article Tags: NumisMaster, United States Mint, United States Mint Stats.
Big change headed to West Michigan in the form of a coin - wzzm13.com
Sep 24 at 7:07pm
Big change is coming to West Michigan and it’s coming in the form of the new $1 coin. The United Bank of Michigan in Rockford has partnered with business owners in the Cannonsburg area to encourage people to use the gold coin.
Read article: Big change headed to West Michigan in the form of a coin - wzzm13.com
Filed in: Presidential Dollar Coins, U.S. Coins, United States Mint
Article Tags: Presidential $1 Coins, Presidential Dollar Coins, United States Mint.
Lincoln Cent Designs for 2009 Pennies Discussed in Press: Video
Sep 24 at 7:07pm
The mainstream press picked up and ran with the U.S. Mint’s promotion of Lincoln penny images and the new coins to honor the bicentennial of Lincoln’s birth and the 100th anniversary of the Lincoln cent in 2009.
Nearly every major outlet had something to say about the four commemorative coins. And, why not? It’s not every day a circulating U.S. coin gets a 50-year-old makeover.
Read article: Lincoln Cent Designs for 2009 Pennies Discussed in Press: Video
Filed in: CoinNews, U.S. Coins, United States Mint
Article Tags: CoinNews, Lincoln Cent, Pennies, United States Mint.
The new Lincoln pennies are dishonest about Honest Abe - WalletPop Blog
Sep 24 at 7:07pm
The U.S. Mint is officially the P.T. Barnum of currency. It’s addicted to showmanship. Yesterday, in a heartwarmingly goofy ceremony at Washington DC’s Lincoln Memorial, an actor dressed as Abe unveiled its four new designs for the penny, all of which will be released in 2009 to commemorate the 200th birthday of the put-upon Civil War president. They’re just the latest pocket party favors for our ongoing patriotic fervor.
Read article: The new Lincoln pennies are dishonest about Honest Abe - WalletPop Blog
Filed in: U.S. Coins, United States Mint
Article Tags: Lincoln Cent, Pennies, United States Mint.
New penny designed partly in Philadelphia - Philadelphia Inquirer
Sep 23 at 8:08pm
As a teen, Charles Vickers, a sculptor/engraver for the U.S. Mint in Philadelphia, had to split firewood using a wedge and a wood-headed hammer called a maul.
So, a few years ago, when the mint assigned him to submit one of four new designs for the penny, an image immediately came to the Jenkintown gentleman’s mind: Lincoln’s reading a book while taking a break from splitting logs with a double-banded maul.
Read article: New penny designed partly in Philadelphia - Philadelphia Inquirer
Filed in: U.S. Coins, United States Mint
Article Tags: Lincoln Cent, Pennies, United States Mint.
A new penny, but why? - Los Angeles Times
Sep 23 at 8:08pm
In honor of the upcoming bicentennial of Abraham Lincoln’s birth, the U.S. Mint is giving the 100-year-old Lincoln penny a new look. The front will continue to show his profile, but the Lincoln Memorial on the back will be replaced by images that are intended to evoke different aspects of his life, such as a log cabin and young Abe sitting on a log, reading. This is expected to create a big buzz in the coin-collecting world, but in truth, the only makeover the penny needs is a disappearing act.
Read article: A new penny, but why? - Los Angeles Times
Filed in: U.S. Coins, United States Mint
Article Tags: Lincoln Cent, Pennies, United States Mint.
Penny to see facelift in 2009 with four new designs - American Chronicle
Sep 23 at 8:08pm
Four newly designed Lincoln pennies will be issued by the U.S. government starting in 2009. The new circulating pennies will celebrate the 200th anniversary of Abraham Lincoln’s birth and commemorate the 100th anniversary of the Lincoln cent.
The Lincoln reverse coin designs were unveiled by United States Mint Director Ed Moy Monday during a news conference at the Lincoln Memorial. (See Lincoln penny photos up close.) They mark the first design change for the penny in 50 years.
Read article: Penny to see facelift in 2009 with four new designs - American Chronicle
Filed in: Coin Designs, U.S. Coins, United States Mint
Article Tags: Lincoln Cent, Pennies, United States Mint.