We’ve only barely gotten into the first couple weeks of October and already the month is off to a roaring start for gold and silver bullion coin sales at the United States Mint.
Dropping silver prices may be driving unprecedented levels of buying activity from bullion coin speculators. Just last week, the United States Mint sold more than 2,740,000 American silver eagles. In fact, on one day alone, the U.S. Mint took orders for some 1,150,000 silver eagles. That figure could very well be a U.S. Mint record for one day sales of American silver eagles.
Stack’s Bowers Galleries has announced they will hold a series of auctions starting on May 14, 2015 and lasting through September 21, 2017 and will offer the “most valuable rare coin collection" ever to cross the auction block.
As we enter autumn, the United States Mint is ramping up production of gold and silver American Eagle coins. For the week ending September 26, 2014, the United States Mint bullion coin sales data indicates growing demand for the American Eagle gold and silver coins as well as the American Buffalo gold coin.
Considered among the most beautiful of all silver coins, Walking Liberty half dollars are a top-favorite coin among many numismatists and are popularly collected as both a type coin and as a series. Walking Liberty half dollars, designed by famed sculptor Adolph A. Weinman, were struck from 1916 through 1947 and contain a composition of 90 percent silver and 10 percent copper.
The Mercury dime, or Winged Liberty Head dime as numismatic aficionados refer to the type, is a classic silver coin that was struck during the years 1916 through 1945 and has remained a popular collectible to this day. The Mercury dime, designed by Adolph A. Weinman, remains on top of many collectors’ lists not only as a type coin for rounding out 20th century coin sets and birth year sets, but also a coin to be collected as a series.
Morgan dollars are a perennial favorite among coin collectors, and sales figures on eBay from January 2014 tell the story – Morgan dollars remain as popular as ever. The eBay online auction site saw a lot of action in January surrounding its Morgan dollar offerings, with hundreds of pieces closing in the four-figure range, and two specimens pulling in more than $10,000 each.