Bullion & Business Weekend Report – July 12
US Mint Announces Release of Fractional American Buffalo Gold Coins
The United States Mint announced today the release date for 24-karate fractional American Buffalo Gold coins. Since 2006, the Mint has only issued proof, one-ounce coins in fine .9999 gold.
On Tuesday, July 22, the Mint will offer Buffalo proof and uncirculated coins in fractional weights of one ounce, one-half ounce, one-quarter ounce and one-tenth ounce.
The will also offer a set including all four coins. In affect, the new offerings follow the Mint's American Eagle Gold coins program.
Gold Coin Sizes/Weight, Face Value and Prices
The following table provides a list of the Mint's upcoming American Buffalo coin sizes and prices.
Euro Counterfeit Notes Increase Through First Half of 2008
Precious Metals Reach Higher Thursday
National Parks Quarter Bill Sails Through House
America's Beautiful National Parks Quarter Dollar Coin Act of 2008 (H.R. 6184) sailed through the House easily yesterday with 419 members voting "Yes", and 0 voting "No".
H.R. 6184 would authorize the United States Mint to make changes to the design of the quarter-dollar coin to feature one national park or other national site in each state, the District of Columbia, and each territory beginning in 2010.
During this period, designs for each national park or other national site would replace the eagle design on the reverse side of the George Washington quarter that is scheduled to be used again in 2010 (after the conclusion of the D.C. and U.S. Territories Quarter Program).
Collector proof, uncirculated and silver park quarter coins are also authorized under the measure.
With a rate of issuance set to five quarter-dollars each year, and a clause granting the Treasury Secretary — the ultimate authority over the United States Mint — the discretion to mint a "second round," the American public may see rotating quarter designs for 20 years, or until almost 2030.
Chinese Yuan Banknote with Olympic Design
Braille Coin Design Unveiling: Video from Dallas
ANA Resolves Litigation with Nebel, Former Employees
Mary MacKillop, First Australian Saint Commemorated on Coin
Senator the Hon Nick Sherry, Minister for Superannuation and Corporate Law, today launched the first coin in the Inspirational Australians' coin series which features the Australian people's saint, Blessed Mary MacKillop.
The Inspirational Australian coin series recognises and celebrates individual achievements and commemorates unique Australians who have made an extraordinary contribution to our society.
"As the Australian people's saint, and someone who could be called Australia's saint in waiting, Mary MacKillop is a fitting choice for the first coin in the Inspirational Australian series."
"The Royal Australian Mint's world class coin designer Vladimir Gottwald has designed a coin which depicts Mary MacKillop guiding future generations.
Mary was an exceptional Australian woman who stands as an example of great courage, trust and compassion and as our first saint, she will forever inspire our nation," said Minister Sherry.