United States Coin CollectingUS Coins were first produced in 1792 when the US government established the first mint at Philadelphia. Since that time many different varieties and denominations of United States coins have been produced by the U.S. Mint....
Mintage figures are often meaningless when it comes toUS gold coins, as many coins were surrendered to the United States Government and melted down when Executive Order 6102 was signed by President Roosevelt in 1933. A few coins managed to survive as they were either hidden away in illegal hoar...
The United States government guarantees the gold content, weight, and purity of theGold American Eagle coin. Thus, these gold bullion coins can be purchased, sold, and traded in the coin market. The American Eagle gold coins can be used to fund the Individual Retirement Account (IRA). This ...
The U.S government has taken great lengths to convince the public to choose the new golden dollar coin over the old dollar bills. The presidential coins are more environment-friendly to produce than the paper bills. Further more, minting the new presidential dollar coins conserves government funds...
Read MoreGartman: This could send gold soaring Sales of the Eagle platinum coins remained small compared with sales of lower-cost established products like silver coins, but the total is almost a third of the 33,000 ounces sold in 2008 before the government abandoned the product due to weak ...
The Flowing Hair dollar was the first dollar coin issued by the United States federal government. The coin was minted in 1794 and 1795. In May 2005, a specimen struck during the 1794 production was sold in a private sale for $7.85 million, more than any other coin in history. Double eag...
Central banks held total foreign exchange reserves in all currencies of $12.3 trillion in Q1. This included $6.77 trillion in US-dollar denominated assets, such as US Treasury securities, US agency securities, US government-backed MBS, US corporate bonds,...
The US Government used 90% silver, 10% copper in most of their circulated coins in 1964 and before. To save money, the US Mint was ordered to use only 40% silver, 60% copper in their coins. Then, in 1971, the US Mint produced the nickel-clad alloy coins that are now so well kno...
Although a government mint was approved February 21, 1782, no immediate action was taken. The first mint building was erected in 1792 on Seventh Street near Arch in Philadelphia. The first coin struck was the half disme (half-dime). Fifteen hundred were produced during the month of July 179...
For example, a strategically timed sale of bitcoin, which has appreciated significantly in price, would have paid dividends for a government agency’s budget. But the U.S. government has been criticized for selling bitcoins at a cheap price. (See also:Which Governments Are Hoarding Bitcoin?) ...