Sales of American Eagle Silver Bullion Coin Break 2014 Record

Sales of American Eagle Silver Bullion Coin Break 2014 Record

Sales of American Eagle silver bullion coins by the U.S. Mint on Nov. 30 helped the bureau establish a new record, with two and a half weeks worth of sales remaining to add to the count.

The sale Nov. 30 of 737,000 coins out of 920,500 allocated to authorized purchasers for the week beginning Nov. 30 raised cumulative 2015 sales totals to 44,666,500, or 660,500 coins beyond the record 44,006,000 set for calendar year 2014.

The authorized purchasers' Nov. 30 sales left 183,500 coins to fill orders for the remainder of the week ending Dec. 4.

U.S. Mint officials notified  authorized purchasers Nov. 24 that the West Point Mint would continue to strike 2015 American Eagle 1-ounce .999 fine silver bullion coins through Dec. 7, with Dec. 14 likely being the last allocation date.

The U.S. Mint expects to begin taking orders for 2016 American Eagle silver bullion coins beginning Jan. 11.

January is the highest sales month for calendar-year 2015, with 5.53 million coins sold, followed by July with 5,529,000 coins. Additional monthly sales totals likely could have surpassed those two highs had sales not been under weekly restrictions because of the Mint's difficulty in acquiring sufficient planchets on which to strike the bullion coins.

The American Eagle silver bullion coins are not sold directly to the public. Instead, the coins are sold to a network of authorized purchasers who offer a two-way market for the coins. Orders are placed based on the closing London PM spot price per troy ounce plus a $2 premium per coin. The coins are then sold at a mark-up to other dealers, collectors and investors.

Sales of the American Eagle silver bullion coins to the authorized purchasers have been on weekly allocation for most of 2015 because of planchet shortages.

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Tags: American Eagle Silver, ase silver, silver coins, galeforcesales, galeforcesales silver, silver news, silver coin news, silver bullion, silver bullion news

1996 SILVER 999 1oz KANGAROO GOLD TONED

Reverse of coin is completely tone free being original lustrous silver

1996 SILVER 999 1oz KANGAROO GOLD TONED 

1996 1oz Silver 999 Kangaroo Carded Bullion Coin from the Royal Australian Mint

This coin is completely golden toned on the obverse .. see image.

Coin itself looks to be beautiful uncirculated, 

Toning is 100% natural and has happened due to it not being in its original plastic sleeve in storage

2016 Australia Lunar Monkey Silver Bullion Coin

This Silver coin celebrates the ninth animal in the 12-year cycle of the Chinese zodiac. In Chinese culture, those who are born under the influence of this sign are said to be intelligent, quick-witted, optimistic, ambitious and adventurous.

The 2016 Silver Lunar Year of the Monkey coin features an adult monkey sitting on a branch of a peach tree, which is symbolic of lovevity and immortality.

The Australian Lunar Monkey silver coin is available in the following weights:

1/2oz, 1oz, 2oz, 5oz, 10oz and 1kg

2016 Silver Lunar Monkey available in 1/2oz, 1oz, 2oz, 5oz, 10oz and 1kg

The Chinese character for ‘Monkey’ and the inscription ‘Year of the Monkey’ also appears in the design with The Perth Mint’s ‘P’ mintmark..

The coin’s obverse depicts Her Majesty Queen Elizabeth II, the year-date, weight, fineness and the monetary denomination.

About the Design:

A pattern of lines forming a circle immediately inside the rim, surrounding a representation of an adult monkey and a young monkey holding a peach, sitting on a branch with leafy foliage and a peach to the side.

The coin includes the following inscriptions ‘Year of the Monkey’, the Pinyin pictograph pronounce ‘hóu’ and meaning monkey and the initials of the designer Ing Ing Jong ‘IJ’.

Keywords:

monkey, silver monkey, lunar monkey, perth mint monkey, bullion monkey, silver australia silver, silver coins, silver bullion

New Engelhard Australia Silver Bullion Bars

Engelhard Australia is back! This historic brand is once again producing investment bullion bars. Engelhard silver bars are attractively cast with the modern Engelhard Australia logo on the front, and the weight and fineness on the back.

Every bar is Every bar is serialised and individually boxed in a protective cardboard shipper for protection.

These bars are available in 5oz & 10oz

See more about Engelhard Australia Silver Bars

New Engelhard, engelhard Australia, australia Silver, silver Bullion, bullion Bars

Perth Mint Gold and Silver Bullion Sales Jump in June

Demand for Australian bullion coins surged in June, the latest Perth Mint figures show. Gold sales scored their highest level since March and silver sales moved the quickest since April. Bullion sales did retreat from a year earlier, however.

Perth Mint sales of gold coins and gold bars advanced 31,019 ounces last month, rallying 43.1% from the 21,671 ounces sold in May but down 21.3% from the 39,405 ounces delivered in June 2014. Gold sales through the first half of the year tally to 168,650 ounces, off 30% from last year’s starting six-month total of 240,991 ounces.

Perth Mint silver coins at 384,586 ounces in June jumped 13.9% from the prior month’s 337,511 ounces yet slipped 34.4% from sales of 586,358 ounces in June of last year. For the first half of 2015, silver sales combine to 2,810,994 ounces for a drop of 18% from the same six-month start in 2014 when sales reached 3,428,336 ounces.

Perth Mint Gold and Silver Sales by Month

Below is a monthly breakdown of Perth Mint bullion sales from June 2014 to June 2015.

Perth Mint Bullion Sales (in troy ounces)
	Silver	Gold
June 2015	384,586	31,019
May 2015	337,511	21,671
April 2015	472,273	26,545
March 2015	638,557	34,260
February 2015	392,114	31,981
January 2015	585,953	23,174
December 2014	477,731	40,211
November 2014	851,836	49,904
October 2014	655,881	55,350
September 2014	756,839	68,781
August 2014	818,856	36,369
July 2014	577,988	25,103
June 2014	586,358	39,405

United States Mint Bullion Sales in June

U.S. Mint bullion sales in June soared over the prior month and the year ago levels. The agency’s core American Gold Eagles at 76,000 ounces leapt 253.5% higher than May sales and jumped 56.7% higher than sales in June 2014. Its flagship American Silver Eagles at 4,840,000 ounces in June surged 139.2% from the prior month and rallied 79.8% from a year ago.

2015 Guy Harvey The Old Man and the Sea 10 oz 999 silver bar

Introducing the 2015 Guy Harvey "The Old Man and the Sea" 10 oz silver bar.

Famed marine artist and photographer Guy Harvey© has brought his artwork to a new medium - silver! Harvey was working on his PhD in marine biology when his one-man exhibition of sketches based on "The Old Man and the Sea" propelled him to international attention in 1985.

Captivated by Hemingway's timeless story, the Jamaican native returns to the subject with this scene of the old man Santiago battling the blue marlin. The front of this .999 fine silver bar depicts Santiago standing in his rowboat as the majestic blue marlin catapults into the air near him. The back features another Guy Harvey© design, of an antique Spanish map of Florida.

Both sides contain the Guy Harvey© logo, while the front includes the title "The Old Man and The Sea" and the weight and purity of 10 oz .999 fine silver.

This is a silver bar like no other, authorized by Guy Harvey© himself. Bring home this treasure for yourself, a Hemingway fan, or a lover of marine artwork. The Guy Harvey© "The Old Man and The Sea" 10 oz silver bar is sure to stand out!

As Silver Prices Fall, U.S. Mint’s Silver Bullion Coins Sell Out

Investors still like silver—so much so that the U.S. Mint sold out of its American Eagle Silver Bullion Coins.

The Mint announced the temporary sellout on Tuesday. It said that the U.S. Mint facility at West Point, N.Y., continues to produce the coins and resumption of sales is expected in about two weeks.

The shortages comes at a time when silver futures prices SIU5, +1.49% are falling.On Tuesday, they sank 5% to $14.969 an ounce, the lowest settlement for a most-active contract since 2009. They recovered a bit on Wednesday, though year to date prices have lost more than 3%.

“Silver demand has really come back in the last two weeks, on the break below $16 per ounce,” Adrian Ash, head of research at BullionVault, told MarketWatch.

BullionVault’s Silver Investor Index released Tuesday rose to 56.7 in June from below 50 in May, as the number of private investors buying silver climbed to its highest level in 9 months, while the number of sellers fell to its lowest level in 3 years. The index shows the balance of net buyers over net sellers.

In a note Wednesday, Capital Economics’s Julian Jessop, pointed out that silver has been a “notable casualty of the selloff in commodity markets in the last few days.”

That usually happens when prices of other metals, especially gold but also industrials, are falling, he said. But “assuming metals in general recovery over the remainder of the year, as we expect, silver could now be set to shine."

Silver Prices About to Hit $50.00 Per Ounce?

Silver is one of the most under appreciated commodities around. Back in 2011, an ounce of gold was worth 32 ounces of silver. Today, that same ounce of gold translates to 74 ounces of the grey metal. Does that mean gold has gotten more valuable or that silver has gotten cheaper? 

Since its peak a few years ago, silver prices have dropped nearly 70%. Gold prices have also fallen by an astonishing 35% during the same period, which convinces me that investors got overly pessimistic about silver during the pullback. 

So, what should the true price of silver be? 

In order to properly value silver, we need the silver-to-gold ratio. Historically, silver shadows the movement of gold prices. When gold drops, silver prices are close behind. 

Over the last 40 years, the conversion averages out to 42.8 ounces of silver for one ounce of gold. But the relationship fluctuates and sometimes one of the metals will become significantly undervalued.

When the ratio drifts too far from the historical average, it usually foreshadows a big run. This has happened three times in the last 20 years; in 1995, 2003, and 2011. The respective gains for silver prices were 70%, 200%, and 420%. 

If we assume the same gold price and use the 2011 conversion rate, silver should be around $36.60. Right now, the price of silver is hovering around $15.90, with a conversion rate of 74.0. 

That being said, how can silver possibly go to $50.00? 

Well, despite its apparent cheapness, silver is simply not as abundant a metal as investors seem to think. When you compare the actual deposits of silver and gold in the earth, the natural multiple is 17.0. Ideally, the physical relationship between silver and gold deposits should dictate the price relationship. 

In order for silver to hit $50.00, the ratio would have to drop to 23.0, assuming that gold stays at its current price of $1,170. 

However, if the stock market bubble finally bursts, investors may flee to gold and silver as a safe haven. Under those circumstances, silver could rise to $50.00 much quicker. 
Follow the Smart Money 

I’m not the first person to notice this amazing buying opportunity. 

In the first quarter of 2015, billionaire investor Ray Dalio loaded up on more shares of Silver Wheaton Corp. (NYSE/SLW). The hedge fund manager now owns 510,000 shares valued at roughly $9.0 million. 

If you want to cash in on a huge silver run, but are hesitant to own silver directly, Silver Wheaton may be a wise choice. The company finances smaller mining firms and pays for any silver they find, thus limiting the downside risks associated with managing a mine. 

The stock is down almost 34% over the last year because of depressed commodity prices, but Ray Dalio and I both think that will change. 

Low interest rates from the Federal Reserve have been propping up the stock market, but a rate hike later this year is virtually guaranteed. And when the market loses support from the Fed, a flight to safety will mean huge gains for silver.

Marco Polo 2oz Silver Coin - Journeys Of Discovery

Marco Polo 2oz Silver Coin - Journeys Of Discovery

The Marco Polo 2 oz Silver Coin marks the first release in our new Journeys of Discovery Coin Collection, which celebrates exploration and discovery of the unknown. 

This proof quality, fully engraved and high-relief coin captures the moment of Marco Polo meeting the great Kublai Khan. The scene is set in a stronghold of the powerful Mongol Empire which Polo marvelled so much at discovering. The packaging of a protective draw string sack has been designed to model the transport materials to trade around the globe at that time.

With a limited mintage of only 2,000 coins worldwide, this would make a special gift for coin collectors and inspire intrepid travellers on their own Journeys of Discovery.

*Please note that the image shown on the website is artwork and may differ slightly from the final product.

Marco Polo:

Marco Polo (1254 - 1324) was an Italian merchant traveller from Venice, who recorded his travels in Livres des Merveilles du Monde (Book of the Marvels of the World, also known as The Travels of Marco Polo). This account did much to introduce Europe to Central Asia and Chinese culture.

Marco Polo learned the mercantile trade from his father and uncle, who travelled through Asia and met Kublai Khan. In 1271, the three embarked on a journey which would lead to 17 years spent in China. From his travels, Polo amassed great knowledge of the Mongol Empire. He marvelled at the use of paper money, and was in awe of its economy and scale of production.

Soon after returning to Venice in 1295, war broke out with the rival city of Genoa. While in command of a ship, Polo was captured and imprisoned. It was during this period of time that he dictated stories of his travels to a cellmate. In 1299 he was released, and went on to become a wealthy merchant. While his writings were published in French, Italian, and Latin, few readers allowed themselves to believe his tales of strange lands far away.

Although he was not the first European to reach China, Marco Polo’s detailed account of his experiences was ground breaking for its time. These writings went on to inspire Christopher Columbus and many other travellers. In the centuries since his death Marco Polo has received recognition that was not given during his lifetime, as much of his journey of discovery has been verified.

TECHNICAL SPECIFICATIONS

• Coin Metal: 999 Fine Silver
• Coin Weight: 2 oz
• Coin Finish: Proof
• Coin Diameter: 40mm (Nominal)
• Coin Edge: Milled
• Coin Denomination: $5
• Year of Issue: 2015
• Coin Mintage: 2,000
• Effigy : Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II
• Country of Issue : Niue

Purchase at the NZMint

2015 Australian Wedge-Tailed Eagle 1oz Silver Bullion Coin

2015 Australian Wedge-Tailed Eagle 1oz Silver Bullion Coin from the Perth Mint

The Perth Mint is delighted to offer investors a new bullion coin featuring this majestic bird which is known to soar to dizzying heights.

The coin’s reverse depicts an impressive Wedge-tailed Eagle in mid-flight as it prepares to land on a tree branch. The design also includes the inscription AUSTRALIAN WEDGE-TAILED EAGLE, the 2015 year-date and The Perth Mint’s ‘P’ mintmark.

Each bullion coin is presented in an acrylic capsule, from an unlimited mintage.

One of our favourite silver bullion coins of 2014, indeed of modern times, the Wedge-Tailed Eagle coin designed by John Mercanti for the Perth Mint had its debut last year. First released as high-relief silver and gold coins with mintages of 10,000 and 1,000 respectively back in January 2014, they followed up with a standard silver proof and a fantastic five-ounce high relief coin last May. This year will almost certainly see new releases of most, or all of those.

The bullion coin, while not as impressive as the completely sublime High-Relief versions, remains a beautiful piece, and if last years mintage limit is repeated, a relatively rare one by bullion standards.

COIN Specifications

Metal Content (Troy oz)	1.000
Fineness (% purity)	99.90
Minimum Gross Weight (g)	31.135
Monetary Denomination (AUD)	1.00
Maximum Diameter (mm)	40.600
Maximum Thickness (mm)	4.000

About the Wedge-Tailed Eagle

The Wedge-tailed Eagle is Australia’s largest bird of prey and one of the biggest eagles in the world. Found throughout mainland Australia, Tasmania and southern New Guinea, the Wedge-tailed Eagle has a wingspan of up to 2.7 metres, and displays a long, wedge-shaped tail and feathered legs.

Last year, 10% of the 50,000 mintage was sold by Australian dealer Ainslie Bullion but we’re currently unsure when or if they will be the dealer selling them this year. We understand that any Australian issued coin has to have 10% of its mintage sold in Australia, thus explaining why GovMint don’t get all the coins to themselves. This would indicate that the same would be the case this year, but GovMint do not list a mintage for the 2015 release, so how many an Australian dealer would get is unclear at present.

Yamaguchi Silver 1oz Proof Coloured Coin 2015 - Prefectures of Japan

Yamaguchi Silver 1oz Proof Coloured Coin 2015 - Prefectures of Japan

The Mint of Japan have announced their latest prefecture silver coin which features a well-known landmark or structure as its obverse design. 

This coin features the Kintaikyo Bridge, in the prefecture of Yamaguchi which is a historical wooden structure that consists of a series of five wooden arches and spans the Nishiki River in Iwakuni City. Built in 1673 by Kikkawa Hiroyoshi, the third lord of the Iwakuni domain, this bridge is known as one of the three most beautiful or unique bridges in Japan and was designated as a place of scenic beauty by the national government.

The obverse design includes a depiction of the Kintaikyo Bridge and the Akiyoshidai Plateau, which is the largest area of karst topography in Japan, located almost at the center of Yamaguchi Prefecture, and designated as a Quasi-National Park and a Special Natural Monument.

The common reverse design of 1000 yen silver coin: Snow crystals, moon and cherry blossoms. Latent image technology is applied to the center of the largest snow crystal to show the numerals of “47” representing the number of prefectures in Japan, and “60” representing the 60th Anniversary of Enforcement of the Local Autonomy Law appear alternately when viewed from different angles.

Coin Specifications:

Denomination	Metal	Weight	Diameter	Quality	Mintage
1000 ¥en	.999 silver	31.1 grams	40 mm.	Proof & Colour	100,000

The coin, which is the 39th consecutive issue within the series, will be available to order from now until the 30th June when the coin will officially be issued. A 500 Yen bi-metallic coin intended for circulation with the same design though not colorized is also to be issued at the same instance as the silver coin.

For more information on this and other coins available from the Mint of Japan, please visit their website at:http://www.mint.go.jp/eng/buy-eng/eng_coin_international_index.html 

For international distributors of Mint of Japan coins, please visit: http://www.mint.go.jp/eng/qa-eng/eng_qa_overseasqa_contract.html Information offered in English and Japanese

2015 Agro Junior 1oz Silver $5 Proof Coin

The Mint’s collaboration with Australia Zoo, the sixth coin in the popular Australian Saltwater Crocodiles series features our favourite crocodile of the moment, Agro Junior.

Becoming fearfully lifelike on the newest coin, the meticulous high relief technique has allowed our coin designer to provide much more depth to the design.

Appearing like a scene captured from Australia Zoo’s Crocoseum, Agro Junior lies eagerly in wait on a creek bed. With an extremely low mintage of only 1500 and an unheard-of price for a strictly limited edition product, this stunning coin will not be lurking around for long.

2015 Agro Junior Silver $5 Proof Coin

Product Information:

• Issue Mint: The Royal Australian Mint
• Legal Tender: Australian $5
• Mintage: 1,500
• Material: 99.9% Silver
• Condition: Brand New in original issue condition.
• Issue Price: $100.00 AUD

HISTORY AND SIGNIFICANCE:

Whether you call it the saltwater crocodile, the estuarine crocodile or crocodylus porosus, it is the largest reptile roaming the earth today. Lurking in dark and murky waters around the northern areas of Australia, they can surprise and terrify a wide range of prey. Anything that flies, swims or roams in its watery region is fair game for this formidable creature.

Since 1988, 37 year-old Agro has lived in the comfort of Australia Zoo’s Crocoseum. This 15 foot wonder was captured from the wild to protect him from the hunters who were stalking his Cattle Creek home. Not only did he find a new home, but he found love with Cookie, a ten-foot lady crocodile who is the calmest and gentlest of crocs in the enclosure.

Agro and Cookie raised a son, Agro Junior, the star of this new collectable coin.

FEATURES AND DESIGN:

• A new coin in the Australian Saltwater Crocodile series, continuing a proud collaboration with Australia Zoo
• High relief coin captures Agro Junior in stunning detail, to the Royal Australian Mint’s exacting proof standards
• Strictly limited edition of 1500
• The coin and packaging features images of one of Australia Zoo’s beloved crocodiles, Agro Junior
• Minted in precious silver
• Packaged in an attractive presentation case with outer box
• numbered certificate of authenticity
• Obverse features Queen Elizabeth II effigy sculpted by Ian Rank-Broadley
• Australian legal tender

Coin Specifications:

• Denomination: $5
• Metal : 999 Fine Silver
• Diameter: 32.00 mm
• Mass: 1 oz
• Finish: Proof
• Mintage: 1500