The US Mint has temporarily suspended production of American Silver Eagle bullion coins at the San Francisco Mint. To date, the Mint has produced 2,305,000 of the 1 ounce bullion coins, and it has 985,000 remaining in inventory. This year, there has been 25,571,500 Silver Eagle Bullion coins sold, including those minted at both West Point and San Francis...

Data released at the end of last week showed that hedge funds and other money managers increased their net long position by 11% during July. The US Commodity Futures Trading Commission also said that the gain was the longest continuing run of increases since February. Silver In Vogue Amongst Chinese Investors Chinese investors have woken up to the investme...

For thousands of years, silver has been viewed as a form of money and store of value. However, it lost its role as legal tender in the USA when the silver standard, which had been adopted by Acts of Congress in 1933, was finally abandoned in 1968. Like most commodities, the silver price is driven by supply and demand and, to a lesser extent, investor spec...

The US Mint has issued an alert to collectors about a new product being marketed by a private firm called the National Collector’s Mint. Advertising their product as a “10th Anniversary September 11th Commemorative Dollar”, it is claimed that the coin is a “Liberian Government Authorised Legal Tender Coin”. It would seem that National Collector'...

United States coin collecting has been a popular hobby since at least the 1850’s. However, it’s not just people in this country who are seeking to fill US coin albums. Numismatists from all over the world actively compete against their American counterparts for the same coins. And why not? From the time the Mint was established in 1792, many US coins hav...

One of the cheapest ways of buying silver is to purchase silver ingots. Coming in sizes up to 1000 ounces, they can usually be bought for a smaller premium over the spot silver price than silver coins. Coins have a higher collector interest, are more interesting to look at and display, and thus command higher prices than most other silver investments, due to...

During grading of a bulk submission of Yellowstone five-ounce coins the NGC has announced the discovery of the first error in the America the Beautiful five ounce series. This follows on from last week’s discovery of a light finish 2010-P Grand Canyon five-ounce variety coin as discussed in this blog on 21st July. The 2010-P Yellowstone has a mat finish on...

Stock Markets around the world proved mildly volatile, reacting to debt news from Europe and the USA. The beginning of the week saw further falls, as Europe’s woes continued with a debt rescue package for Greece seemingly some way off. However, by Tuesday European leaders had started to talk bullishly about their hopes for a far reaching package to be i...

Newedge USA LLC are predicting gold and silver prices will continue their upward momentum through the rest of this year and beyond. They say that investors will see a 13% rally in gold from current levels to $1800 an ounce by the end of 2011. They are even more bullish about the prospects for silver, seeing the price almost doubling by March 2012, with a tar...

US Mint Coin Sales Continue Upward Trend The US Mint has reinstated its inadvertently instated wait list on the Yosemite National Park Silver Uncirculated coin. BuySiver.org highlighted last week that the US Mint had mistakenly placed the coin on the wait list, and how it had taken two weeks to spot this error. However, in the last seven days, 1,402 have ...