Sunday, September 30, 2012

Melt Values for Silver Coins Jump through Q3 2012

Fiery gains for silver in July and August have boosted the melt values of silver coins in the third quarter 2012 and for the year.




After boisterous gains during the January-March period, silver prices plunged in the second quarter to such an extent that silver was in the red through the first half of 2012. A modest turnaround in July and then sharp increases in August and September brought silver well back into the black for the third quarter and for the year — up in London with respective increases of 28% and 23%.

Melt values for silver coins, naturally, shot higher with silver’s gains. Holders of bullion and junk silver coins, such as 90% silver coin bags or older US silver coins, watched their values rise sharply. For example, a 1964 Kennedy half dollar went from a melt value of $9.79 at the end of June to $12.53 just three months later — a change of $2.74.

In the same vein, melt values for modern silver coins jumped to make their prices much more attractive. Looking at several silver products from the United States Mint highlights the changes. In the table below are U.S. Mint products with columns that show how melt values have changed from their release date to the end of September when the London Fix price for silver was $34.65 an ounce.

Silver Prices Soar 10% in September, Padding a Heftier Quarterly Gain


U.S. silver prices closed September with a final day loss, but still scored significant monthly and quarterly gains.

On Friday, silver prices for December delivery settled to $34.58 an ounce on the Comex in New York, dipping 8.9 cents or 0.3%. Silver traded from an intraday low of $34.33 an ounce to a high of $34.93 an ounce. Losses were attributed to a stronger U.S. dollar and profit-taking.


For September, silver prices traded up $3.14, or 10.0%, extending a monthly winning streak to three after for straight monthly losses. Running through the months, silver advanced 12.6% in August and 1.1% in July, then fell 0.5% in June, 10.5% in May, 4.5% in April and 6.2% in March. Before then, silver prices rallied in February by 4.2% and jumped 19.2% in January.

The most recent monthly increases secured silver’s quarterly gain of $6.97, or 25.2%. The white metal has advanced in two of three quarters, with Q1 2012 up 16.4%. Silver prices declined 15.0% during the April-June period.

Silver has outperformed all other precious metals for September, the quarter and year-to-date — the latter logging in at 23.9%.

Silver’s direction has tracked gold, which registered its best quarterly gain in over two years and has benefitted from easing monetary policy from world central banks that excite inflation expectations. Precious metals rallied after the Fed said earlier this month that it would stimulate the economy with $40 billion each month in mortgage-backed securities. Stimulus signals have also come out of the European Central Bank and the People’s Bank of China.

In other New York bullion prices on Friday and for the month:
  • December gold prices settled at $1,773.90 an ounce for a 5.1% gain in September,
  • January platinum prices closed to $1,669.30 an ounce for a 8.6% monthly pick-up, and
  • December palladium prices settled at $640.80 an ounce for a 1.8% gain in September
Their quarterly gains include 10.6% for gold, 14.9% for platinum and 9.6% for palladium. Gold and platinum added to their 2012 increases. Gold is 13.2% higher this year. Platinum has rallied 18.8% in 2012. Palladium is the lone precious metal lower this year, down 2.3%.

Also on Friday, the London silver Fix was $34.65 an ounce, advancing 70.0 cents or 2.1%. London silver prices shot up 13.5% in September. As for quarterly and year-to-date figures, London silver has respectively gained 28.0% and 23.0%.

In other London fixings for the day and September, gold at $1,776.00 an ounce advanced 7.7% for the month, palladium at $642.00 an ounce added 3.0% in September and platinum at $1,668.00 an ounce surged 10.0% for the month.

Quarterly improvements for London precious metals were 11.1% for gold and palladium and 16.8% for platinum. They are all higher this year with gains so far of 12.8% for gold, 0.9% for palladium and 20.8% for platinum.

Bullion American Eagle Silver Coins and ATB Five Ounce Silver Coins

Sales stats for U.S. Mint bullion silver coins have not been finalized for September, although available figures are unlikely to change.

As they stand now, bullion American Eagle silver coins are at 3,255,000 — the best monthly sales total since January when U.S. Mint distributors ordered more than 6.1 million. Additionally, buyers have snapped up 14,700 America the Beautiful Five Ounce Silver Coins, which is the third best monthly amount this year after the 19,400 coins sold in August and the 18,700 silver coins delivered in July. The newest silver bullion coin released, on September 10, honors Hawai’i Volcanoes National Park. 10,400 have sold, accounting for the biggest portion of the overall five-ounce coin sales in September.

Friday, September 28, 2012

Why Silver’s Price Ascent Should Be Meteoric

Silver is poised to move higher until May. As odd as it may seem, silver demand has little to do with this expected rise. A bigger force influences silver and it should drive silver higher for the next several months.




May is not an arbitrary month, either. Statistics verify this is when the rally should end. More importantly, this rally has already begun.

Don’t worry… you didn’t miss it. But you may need to act very soon.

Though silver is up nearly 10% this month, an unseen force can take the metal higher over the next several months – to a price above $40.

Many investors will recognize this secret force once it’s revealed. In fact, many have looked at the popular chart I discuss below, although very few use it to time silver.

However, that’s a big mistake. Because this chart signals which direction silver prices are going… with an astonishing 92% accuracy.

Not only does this chart point to a silver rally to May, it also shows that investors should have another great entry point in October. But that may be the last chance to buy silver ahead of a big rally.

What exactly does this chart show that makes it such a great predictor of silver?
Gold.

According to statisticians from Zeal Research, 92% of silver’s change in price is because of the change in gold prices.

Though silver and gold trade independently, gold’s price movement heavily influences silver prices. And gold entered its strongest time of the year. Gold’s would-be rise signals a major silver rally will also be underway.

Officially, the gold stampede began with the start of the Asian harvest in August. These farmers groom the fields all year, but it’s not until harvesting time that they know the true fruits of their labor.
Only at harvest time do farmers begin to understand their profits for the year. And only then can they invest their bounty accordingly. For Asian farmers this often means plowing extra capital into gold bullion for investment purposes, pushing the yellow metal higher.

Next on the calendar is India’s famous festival season. India is the world’s biggest gold consumer, and 40% of India’s entire annual gold demand occurs during this autumn wedding season. Greeks are popularized for having elaborate weddings, but it’s Indian weddings that take the cake. Not only are Indian weddings lavish, the guests make large gifts of gold and gold jewelry to the newlyweds, sparing no expense.

Finally it’s nearing the holiday season in North America, when there is a mammoth surge of jewelry demand for loved ones. In fact, many U.S. jewelers and retailers do as much as half their annual business between Thanksgiving and Christmas.

http://stockcharts.com/c-sc/sc?s=$GOLD&p=M&yr=10&mn=0&dy=0&i=p67560327926&a=256653026&r=1348164502916
Shaded areas represents gold’s “best season” from August to May.

So as you can see in the chart above, history tells us that gold prices are poised to rise… roughly until May.
And what’s good for gold is much better for silver.

In November 2001, silver traded for around $4 per ounce (gold was priced near $275). Since then, silver exploded 1,105% higher to its highest level compared to gold’s 650% surge at its peak. Though gold investors made an impressive return, the real cash went to silver owners.

http://stockcharts.com/c-sc/sc?s=$GOLD&p=M&yr=10&mn=10&dy=0&i=t90522196222&a=278039017&r=1348256510814

The advance of silver (black) and gold (gold) is more than 90 percent correlated. Note the relative outperformance of silver.

Though silver is mined year-round at a consistent rate, it exhibits cyclical price changes. That’s because silver’s price action is largely determined by how gold is moving.

When gold is thriving, investors and speculators dump large sums of money into silver. This makes silver outperform gold in the good times, while underperforming gold in the bad.

Hedge Funds Bullish on Silver as Hoard Nears Record


Hedge funds are the most bullish on silver in seven months and investors’ holdings are expanding toward a record on speculation the metal will outperform gold as central banks seek to boost growth.
Wagers on rising prices jumped 10-fold since June, U.S. Commodity Futures Trading Commission data show. Investors bought 717.2 metric tons valued at $797 million through exchange-traded products this quarter, the most in a year, according to data compiled by Bloomberg. Prices will increase for at least the next three quarters and average $38 an ounce in the three months through June, or 9.9 percent more than now, based on the median of 14 analyst estimates compiled by Bloomberg.

If history is any guide, silver will beat gold after the Federal Reserve announced a third round of debt-buying and central banks from Europe to Japan pledged more action. Silver rose about 53 percent in the Fed’s first quantitative easing from December 2008 through March 2010, twice as much as gold, and 24 percent during the second phase ending in June 2011, three times as much. Silver will probably keep beating gold in the next several quarters, Morgan Stanley predicts.
“The recent announcements on the part of central banks really sparked the rally,” said Peter Sorrentino, who helps manage $14.6 billion of assets at Huntington Asset Advisors in Cincinnati. “Silver has now become a two-way play, getting bids both on industrial demand as well as a monetary hedge.”

U.S. Drought 

Silver, used in televisions to solar panels, climbed 24 percent to $34.635 in London this year, beating gold’s 14 percent gain. It is this quarter’s best performing commodity. The Standard & Poor’s GSCI gauge of 24 materials rose 2.4 percent in 2012 and the MSCI (MXWD) All-Country World Index of equities gained 11 percent. Treasuries returned 2.3 percent, a Bank of America Corp. index shows.
Some investors buy gold and silver as a hedge against inflation and a weaker dollar. Inflation expectations measured by the break-even rate for five-year Treasury Inflation Protected Securities rose to the highest since May 2011 on Sept. 17. The U.S. Dollar Index, a measure against six major trading partners, weakened 8.1 percent since the end of November 2008.
The Fed said Sept. 13 it will buy $40 billion of mortgage debt a month and probably hold the federal funds rate near zero until at least the middle of 2015. Precious metals generally earn returns only through price gains, increasing their allure as interest rates decline.

Silver Coins 

Hedge funds and ETP investors’ bullishness has yet to extend to demand for American Eagle silver coins, a market valued at about $1.4 billion in 2011 based on metal content. The U.S. Mint sold 25.8 million ounces since the start of January, 23 percent less than a year earlier, data on its website show.
Central bankers are increasing stimulus because of concern about growth. Industrial applications account for 53 percent of silver demand. International Monetary Fund Managing Director Christine Lagarde said in a speech in Washington on Sept. 24 that the group sees global growth “a bit weaker” than it had forecast in July. The fund expected growth of 3.5 percent this year and 3.9 percent in 2013.

“The slowdown impact is not over as yet for industrial metals including silver,” said Dan Denbow, a fund manager at the $2.1 billion USAA Precious Metals & Minerals Fund in San Antonio. “The money coming in today because of all the easing will not impact the economy for six months or so.”

Industrial Demand 

Weaker industrial demand would leave investors with a bigger glut to absorb. Production will exceed consumption for a fifth year in 2013, leaving a surplus of 5,095 tons, Barclays Plc estimates. Higher prices may also encourage more recycling. Scrap supplies jumped 10 percent in 2010 as prices almost doubled, according to Barclays.

Silver imports by China, the second-biggest user after the U.S., reached a one-year high in August, customs data show. The nation’s growth will accelerate to 8.5 percent next year from 8 percent this year, the International Monetary Fund estimates.

Hedge funds raised their net-long position to the highest since Feb. 28 in the week ended Sept. 18, holding a combined 30,986 futures and options, CFTC data show. Investors now own 18,601.4 tons through ETPs, or 0.2 percent below the record set in April 2011, data compiled by Bloomberg show.
While the metal is trading 31 percent below the record $49.79 set in April 2011, this year’s average of $30.67 is the second-highest ever.

Coeur d’Alene 

That will boost profit for Coeur d’Alene Mines Corp. (CDE), which gets about 65 percent of its revenue from silver. Net income will jump 39 percent to a record $129.7 million this year, according to the mean of five analyst estimates compiled by Bloomberg.Shares (CDE) of the Coeur d’Alene, Idaho-based company rose 19 percent this year and will climb 6.3 percent to $30.59 in 12 months, according to the average of seven forecasts.

Pan American Silver Corp. (PAAS), based in Vancouver, will report profit of $264.6 million next year, from $212.2 million, the mean of five estimates shows. Shares of the company (PAAS) fell 0.5 percent in New York trading since the start of January and will rise 7.3 percent to $23.31 in the next 12 months, according to the average of 14 forecasts.

“In this accommodative monetary policy scenario, silver seems to be trading as an alternative currency,” said Michael Cuggino, who manages about $17 billion at San Francisco-based Pacific Heights Asset Management. “If the global economy picks up, silver will show some strength from industrial demand.”

Tuesday, September 25, 2012

2013 Koala Silver Bullion Coins Perth Mint Australia


The Perth Mint of Australia has unveiled the designs for the 2013 Australian Koala Silver Bullion Coins and announced the release date for the extremely popular bullion series.
The Perth Mint of Australia produces four different sized 2013 Australian Koala Silver Bullion Coins
Struck in four different sizes, the 2013 Koala coins will be available beginning on Monday, November 5, 2012.

The four different Koala Silver Bullion Coins include 1 kilo, 10 ounce, 1 ounce and 1/2 ounce. Each of these is struck from 99.9% pure silver and features an Australian government guarantee for weight and purity.

Coins of the Koala series are produced on a mint-to-order basis with no pre-determined mintage cap in place. Production of the coins will continue for twelve months with the final official mintage announced after minting ceases at the end of 2013.

Silver Koalas made their debut from the Perth Mint in 2007. They have been issued annually ever since and have become a popular bullion product not only for investors, but for collectors as well. Part of that popularity is attributed to the annually changing reverse designs.

2013 Australian Koala Silver Bullion Coins feature a reverse of an adult koala sitting in the fork of a tree. The detailed limbs of that tree can be seen in the design as well as some of the tree’s leaves. Reverse inscriptions on the design include "Australian Koala," "2013," "999 Silver" and the size of the specific coin. Also shown on the reverse is the Perth Mint’s historic ‘P’ mint mark.

These Koala Silver Bullion Coins are struck as legal tender of Australia under the Australian Currency Act of 1965. As such, the obverse contains the Ian Rank-Broadley portrait of Her Majesty Queen Elizabeth II. Obverse inscriptions include "Elizabeth II," "Australia" and the face value of the coin, "30 Dollars," "10 Dollars," "1 Dollar" or "50 Cents."

All bullion coins from the Perth Mint are presented in protective acrylic capsules to help preserve the finish.

Specifications of 2013 Australian Koala Silver Bullion Coins

Size 1 Kilo 10 oz 1 oz 1/2 oz
Silver Content (Troy oz) 32.151 Troy oz 10 Troy oz 1 Troy oz .5 Troy oz
Face Value (AUD) $30 $10 $1 $.50
Minimum Gross Weight (g) 1,001.002 311.347 31.135 15.573
Maximum Diameter (mm) 100.60 75.60 40.60 36.60
Maximum Thickness (mm) 14.60 8.70 4.00 2.30


About the Perth Mint

The Royal Mint of England established the Perth Mint as a branch facility in 1899 to refine and strike gold recovered from nearby deposits. Ownership was transferred to the State Government of Western Australia in 1970. Today the Perth is responsible for the Australian Federal Government’s Gold and Silver Bullion Coin Program in addition to striking some of the most unique numismatic coins in the world.

2012-P Hawaii Volcanoes 5 Ounce Silver Uncirculated Coin


At Noon (Eastern), today, September 24, 2012, the United States Mint began selling the 2012-P Hawaii Volcanoes National Park 5 Ounce Silver Uncirculated Coin.

Like other currently available strikes of the U.S. Mint’s America the Beautiful Silver Uncirculated Coin™ series, the new release is being sold for $204.95, plus the Mint’s standard shipping and handling charge of $4.95 per order.


Shown on the reverse of the Hawaii Volcanoes silver coin is a design emblematic of Hawaii Volcanoes National Park located on the Big Island of Hawaii. It is the same basic design that is also seen on the reverse of the Hawaii Volcanoes quarter, which was released into circulation on August 27, 2012.,

America the Beautiful silver coins debuted with five 2010-dated strikes. They are issued as the numismatic versions of the Mint’s America the Beautiful Silver Bullion Coins which also take their designs originally from the associated quarter series. However, unlike the bullion coins which are struck for investors and sold through the Mint’s network of authorized purchasers, these uncirculated coins are struck for collectors and initially sold directly to the public by the U.S. Mint.

Hawaii Volcanoes Coin Designs and Specifications

Strikes of the America the Beautiful Silver Uncirculated Coin series are each composed of five ounces of .999 fine silver. They have the extremely large diameter of three inches, just like the associated bullion coins.

This coin’s reverse depicts an image of an eruption occurring from the east rift of Kilauea Volcano. Designed and sculpted by United States Mint Sculptor-Engraver Charles L. Vickers, the reverse also includes the inscriptions of HAWAII VOLCANOES, HAWAII, 2012 and E PLURIBUS UNUM.

The obverse of the strike contains the same portrait of George Washington as seen on all America the Beautiful related coins, including the quarters, the bullion coins and these uncirculated coins. The portrait was originally designed by John Flanagan and has been featured (with minor variations) on quarter dollars since 1932. Obverse inscriptions include UNITED STATES OF AMERICA, LIBERTY, IN GOD WE TRUST and QUARTER DOLLAR.

A ‘P’ mintmark indicating the coin was struck at the U.S. Mint’s facility in Philadelphia is also found on the obverse. Of note, the associated bullion coins do not carry the mintmark despite the fact that they are also struck in Philadelphia.

As both the obverse and reverse inscriptions are identical to the Hawaii Volcanoes quarter, an edge inscription is used to indicated the silver coin’s weight and fineness. This inscription reads .999 FINE SILVER 5.0 OUNCE.

Current Sales, Mintages and Order Information

Maximum mintage for the new release is listed by the U.S. Mint as 25,000. This is the same mintage cap in place on the preceding three 2012-dated releases of the series. In contrast, the 2010-dated strikes had mintage limits of 27,000 per coin and last year’s 2011 America the Beautiful Silver Uncirculated Coins had mintage caps in place of 35,000.

Not including the newest release, eight 2011 and 2012-dated America the Beautiful Silver Uncirculated Coins are still being sold by the U.S. Mint. The latest sales figures for these coins are offered below:

Sales of ATB 5 Ounce Silver Uncirculated Coins
2011-P Gettysburg National Military Park 5 Ounce Silver Uncirculated Coin 23,419
2011-P Glacier National Park 5 Ounce Silver Uncirculated Coin 19,564
2011-P Olympic National Park 5 Ounce Silver Uncirculated Coin 17,139
2011-P Vicksburg National Military Park 5 Ounce Silver Uncirculated Coin 17,276
2011-P Chickasaw National Recreation Area 5 Ounce Silver Uncirculated Coin 15,545
2012-P El Yunque National Forest 5 Ounce Silver Uncirculated Coin 13,580
2012-P Chaco Culture National Historical Park 5 Ounce Silver Uncirculated Coin 10,718
2012-P Acadia National Historical Park 5 Ounce Silver Uncirculated Coin 10,160

Orders for the new release may be made directly from the U.S. Mint via the online product page or by calling 1-800-USA-MINT (872-6468). There are no household ordering limits.
Each coin is encapsulated, placed in a protective outer box, and shipped with a U.S. Mint Certificate of Authenticity.

Upcoming 2012 5 Ounce Silver Coins

Only one more release is scheduled as part of the 2012 America the Beautiful Five Ounce Silver Uncirculated Coin series. According to the U.S. Mint, the 2012-P Denali National Park 5 Ounce Silver Uncirculated Coin will be released on November 5, 2012.

Friday, September 21, 2012

$20 Fine Silver Commemorative Coin - Magical Reindeer (2012)


Bring the holidays home with this magical reindeer coin. The perfect gift for all your loved ones.

Top reasons to buy this coin today:

• Fine silver (99.99% pure)
• The most affordable silver coin we currently offer
• Strict limit of three coins per household
• No GST/HST/PST*

• The previous five coins in this series have sold out rapidly 

Specifications

  • Mintage 250000
  • Composition fine silver (99.99% pure)
  • Finish specimen
  • Weight (g) 7.96
  • Diameter (mm)27
  • Edge serrated
  • Certificate not serialized
  • Face value 20 dollars
  • Artist Virginia Boulay (reverse), Susanna Blunt (obverse)

Gold and Silver Investment Interest on The Rise


Rekindled interest in precious metals has lifted holdings of physically backed exchange-traded gold and silver funds to the highest in about a year.

SPDR Gold Trust, the world's largest gold ETF, said its holdings had hit 1,308.41 tonnes, the loftiest since last August.

Holdings in iShares Silver Trust, the world's biggest silver ETF, climbed to a 11-month high of 9,940.66 tonnes by Sept 20. The Relative Strength Index on spot gold stood at 76. A reading above 70 suggests the underlying asset is overbought, and the RSI on gold has been above 70 since at the end of August.

But gold will remain attractive to investors seeking to hedge against future inflation, or looking for alternative investment in a low interest rate environment, traders said. "We are not overbought, and there is still room for more money to enter the gold market," said Yuichi Ikemizu, branch manager for Standard Bank in Tokyo, adding that the net long positions in U.S. gold futures and options were way below a peak last year before gold struck a historical high above $1,920.

The net length in U.S. gold stood at 165,724 contracts by Sept. 11, more than doubled from the level in mid-August but 35 percent lower than the peak of 253,653 contracts last August.

The U.S. Commodity Futures Trading Commission is due to release this week's trader commitment data later in the day. Spot platinum rose 0.9 percent to $1,634.74, but was headed for a weekly loss of 4 percent -- its biggest one-week decline in four months. The labour disputes in top platinum producer South Africa's mining sector, however, are expected to lend support to prices.
 
Metal             Last    Change  Pct chg  YTD pct chg    Volume 
Spot Gold        1770.76    3.57   +0.20     13.23 
Spot Silver        34.72    0.13   +0.38     25.39 
Spot Platinum    1634.74   13.74   +0.85     17.35 
Spot Palladium    665.25    5.15   +0.78      1.95 
COMEX GOLD DEC2  1773.50    3.30   +0.19     13.19        15446
COMEX SILVER DEC2  34.78    0.10   +0.28     24.59         5966
Euro/Dollar       1.2990
Dollar/Yen         78.14
COMEX gold and silver contracts show the most active mont

'Golden Cross' For Gold and Silver Signals Further Gains

Today’s AM fix was USD 1,760.00, EUR 1,360.33 and GBP 1,088.03 per ounce.

Yesterday’s AM fix was USD 1,774.50, EUR 1,361.44 and GBP 1,092.54 per ounce.

Silver is trading at $34.31/oz, €26.61/oz and £21.28/oz. Platinum is trading at $1,619.50/oz, palladium at $663.50/oz and rhodium at $1,225/oz.

Gold fell $0.10 or 0.01% in New York yesterday and closed at $1,770.50. Silver hit $34.958 in Asia and fell to $34.27 in early New York trade and it then bounced back higher, but finished with a loss of 0.49%.



Gold edged down today due to dollar strength and profit taking as speculators and some investors booked profits on 16% price gains from this year’s low.

Gold continues to see smart money diversification as central banks from the ECB and the Fed to the BOJ have all announced ‘stimulus’ or money debasement measures which has led investors to seek gold as an inflation hedge.

All eyes will be on China as perhaps the next to announce action after today’s data showed further contraction in its manufacturing sector for the 11th consecutive month.

The UK will then follow and then other central banks may announce their own measures as competitive currency devaluations or currency wars intensify in the coming months.

We have seen consecutive weeks of bullish strength in the gold and silver markets. Gold has completed what is known as a ‘Golden Cross’ and silver is poised to complete one in the coming days.

A ‘Golden Cross’ occurs when not only the current price, but also shorter-term moving averages such as the 50 day moving average “cross” or rise above the longer term 200 day moving average.

Gold’s 50 day moving average (simple) has risen to $1,651/oz and is now comfortable above the 200 day moving average (simple) at $1,645/oz and accelerating higher.

Silver’s 50 day moving average (simple) has risen to $29.86/oz and will soon challenge the 200 day moving average (simple) at $30.47/oz.

These are important indicators of longer term technical strength and in conjunction with the recent positive technical picture are bullish.

The 18 months of sideways-to-lower price action has “built a base”, a very large foundational base, in markets that are in the middle of two of the longest and strongest bull markets in history.

It is another indication that both markets are capable of moving higher in the coming months.



John Bollinger the president of BollingerBands.com said in January that “the golden cross is a great tool in a big, roaring bull market, like the bull market from 1982 to 1998, when it tells you when you’re supposed to be in the market and tells you periods in which the risk is somewhat higher of corrections and such,” he said.

Gold and silver are in such secular bull markets and the combination of these long term bull markets, the recently trending higher markets and the 'Golden Cross' is important technically.

The last time there was a 'Golden Cross' for gold was in early February 2009 (see chart) and gold subsequently rose 103% in the next two years.

Similar gains are quite possible today given the strong fundamentals. Were gold to replicate those gains, it could see gold rise to double today's value of $1,756/oz or to over $3,500/oz.

Silver, too, saw a ‘golden cross’ in late February 2009 when silver was trading at under $14/oz.
It subsequently surged 257% to over $49/oz in April 2011 for a 257% increase in just 2 years and 2 months. Given silver’s very strong fundamentals similar gains may be seen in the coming months.

As ever physical bullion should not be bought in expectation of capital gains. They have the potential to reward with massive capital gains but they should be bought for diversification and financial insurance reasons.

Thursday, September 20, 2012

Anne Geddes 1oz Silver Coin Girl and Boy Set - Niue Legal Tender - NZ Mint




Metal: 999 Silver / Coloured
Finish: Proof
Diameter: 40.7mm
Edge Milled: Plain
Denomination:
$2
Year of Issue: 2012
Mintage: 5000

About the Coin

New Zealand Mint is delighted to introduce the first ever Anne Geddes legal tender coins. Anne Geddes produces world-renowned, unique and emotive baby photography which has made her a household name. Her award winning and inspiring photography has been published in 83 countries and her books have sold over 18 million copies worldwide.

The coin is fine .999 Silver and limited to 5,000 coins.


Reverse Design

The coin feature an image of a baby sleeping on a peony bud.


Obverse Design

The obverse of the coin features the Raphael Maklouf effigy of Her Majesty Queen Elizabeth II, sovereign of the Commonwealth and Niue Islands, along with the year of issue (2012) and the denomination of $2.


Packaging

The coin is presented in a silver keepsake jewellery box. The coin is placed next to a little silver plated bracelet, set in a removable tray so that the babies first 'keepsakes' can be stored in a safe place. A certificate of authenticity comes with each coin.

Muhammad Ali™ 70th Birthday One Ounce Silver Coin Fiji $2 Legal Tender NZ Mint



He is the greatest boxer of all time and now the New Zealand Mint is celebrating the 70th birthday of Muhammad Ali™by releasing a limited edition, legal tender, collectible coin in his honor.

Metal: 1oz Fine Silver .999
Finish: Proof
Diameter: 40.7mm
Denomination: $2
Year of Issue: 2012
Mintage: 7,500

Reverse Design

The 1oz 999 Silver coin depicts an iconic image of Ali with his trademark red boxing gloves. The coin also includes the official 70th anniversary logo.

Obverse Design

The obverse of the coin features The Raphael Maklouf effigy of Her Majesty the Queen Elizabeth II sovereign of the commonwealth of Fiji.

Limited Mintage

Each coin is struck from 1oz of fine silver. No more than 7,500 of this coin will be issued by the New Zealand Mint. The coins are legal tender of Fiji.

Packaging

The silver coin will be displayed sitting alongside a miniature boxing glove, encased in a Perspex box.

Authenticity

Each Muhammad Ali™set comes with an individually numbered certificate of authenticity issued by New Zealand Mint. The certificate also details Ali’s sporting career and displays iconic imagery of the sporting great.

Wednesday, September 12, 2012

2013 Royal Canadian Mint Silver and Gold Lunar Snake $5 Legal Tender Coin


The design on the left (round) will come in a one ounce silver proof version with a maximum mintage of 28,888 coins (CAD$98.88), as well as a half ounce silver specimen version with a higher mintage of 88,888 coins (CAD$39.95).

The design on the right (lotus shaped coin) weighs 26.7g (.858oz ASW) with a diameter of 38mm. The maximum mintage is 28,888 coins (CAD$98.88).

A Gold design will also be available:

2013 Lunar Snake Designs from Royal Canadian Mint (Silver)

Two different 2013 Year of the Snake Gold Coins will be released. The pictured coin is the 1/10oz gold coin (specimen finish) which will have a maximum mintage of 18,888 coins (CAD$229.95) and a proof version featuring the same design will also available. The proof will be struck in 18 karat gold (75% gold / 25% silver) weighing 11.84g and will have a maximum mintage of 2,500 coins (CAD$688.88).

Orders will open to the general public from the 28th of August, with orders already currently open for Master's Club Members. The Royal Canadian Mint website: http://www.mint.ca/

Saturday, September 8, 2012

2013 Kangaroo Carded $1 Silver Frosted Uncirculated Coin RAM silver Australia


Kangaroo Series - Explorers' First Sightings
Stubbs' portrait is one of the first non-indigenous artist impressions of the kangaroo. Botanist Joseph Banks brought a specimen of the unusual creature back to England after the HMS Endeavour’s first Pacific voyage, and commissioned Stubbs to paint its likeness.
 
The kangaroo has remained an object of fascination to all visitors to Australia, and has become synonymous with our great land.

These coins, bearing the iconic Stubbs' portrait, will be available in three varieties. Given the popularity of this series, you need to be quick to secure them for your collection! As the $10 gold proof mintage is only 1500, there is a limit of two per customer.

Nominal Specifications

Denomination $1
Metal 99.9% Ag
Mass 1 Troy Oz
Diameter 40.00mm
Finish Frosted Uncirculated
Mintage 20,000
Designer A. Baggio

Australian Lunar Series II 2013 Year of the Snake Silver Proof Coins at The Perth Mint





In 2013, The Perth Mint’s internationally renowned Australian Lunar II Silver Proof Coin Series celebrates the Year of the Snake, the sixth animal in the twelve year cycle of the Chinese zodiac.

These superb proof quality releases are perfect for people born in ‘snake’ years.

The birth dates for people ruled by the Chinese Lunar snake include 1905, 1917, 1929, 1941, 1953, 1965, 1977, 1989, 2001 and 2013.  Those born under the influence of this sign are said to be intelligent, graceful, independent, analytical and charming.

For the first time, and by collector demand, The Perth Mint is also introducing the new format of an individual 1/2oz silver coin.

Proof Quality 99.9% Pure Silver

Each coin is struck by The Perth Mint from 99.9% pure silver in proof quality.

Stunning Snake Reverse Designs

The reverse of each coin depicts a representation of a snake curled around a tree branch. The Chinese character for ‘snake’ and the inscription "Year of the Snake" also appear in the design with The Perth Mint’s traditional ‘P’ mintmark.

New 1/2oz Format

For the first time ever this design is now available in a 1/2oz format.

Australian Legal Tender

Issued as legal tender under the Australian Currency Act 1965, each coin features the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II on its obverse.

Extremely Limited Mintages

No more than 8,000 1/2oz coins, 5,000 1oz coins, 500 kilo coins and 1,000 three-coin sets will be released.

Numbered Certificate of Authenticity

Each coin and set is accompanied by a numbered Certificate of Authenticity.

Stylish Presentation

Australian Lunar silver proof coins are housed in stylish black and red display cases. Each case is presented in a superbly illustrated shipper.


Technical Specifications


1 kilo 2oz  1oz  1/2oz
Silver Content (Troy oz) 32.151 2 1 0.5
Monetary Denomination (AUD) 30 2 1 0.50
Fineness (% purity) 99.9  99.9 99.9 99.9
Minimum Gross Weight (g) 1003.002 62.270 31.135 15.573
Maximum Diameter (mm) 100.60  55.60 45.60 36.60
Maximum Thickness (mm) 14.60 3.60 2.60  2.30

Rare Poured and Other Silver Bars from the 70's and 80's United States and Australia Mints

The Following a some Rare Poured and Art Bars accumulated in the 70's and 80's from United States and Australia Mints


Rockefeller Plaza 5oz Silver Bar with COA- RARE


 Washington Mint 5 oz Bar - Rather Scarce
  Wall Street Mint - 10 oz Bar U
 Liberty Mint - 10 oz Bar US (RARE)
 Geomin - 10 oz Poured Bar Australia (Rare)
 Silver Towne - 10 oz Poured Bar (Rare)
Perth Mint - 10 oz Poured Bar Austrlia (RARE)
 Engelhard - 5 oz Poured Bar US (RARE)
 Harrington - 1/2 Kilo Poured Bar Austrlia (RARE)
 Perth Mint - 10 oz Poured Bar Austrlia (RARE)

Scarcer Raw Unslabbed Silver Casino Gaming Tokens

The Following are some scarcer high grade 999 Silver Casino Gaming Tokens






Wednesday, September 5, 2012

Red-tailed Black-Cockatoo 2013 1/2 oz 999 Silver Proof Coin - Perth Mint Australia


This brand new coin program is inspired by the birds that inhabit the continent of Australia. Because of the nation’s island status, many of these species are unique and breathtakingly beautiful.

 

PROOF QUALITY 99.9% PURE SILVER


The coin is struck by The Perth Mint from 1/2oz of 99.9% silver in proof quality.

 

MAGNIFICENT COLOURED REVERSE DESIGN


The coin’s reverse portrays a Red-tailed Black-Cockatoo in colour perched on a struck wooden log. As well as The Perth Mint’s ‘P’ mintmark, the design also includes representations of Australian vegetation.

 

LIMITED MINTAGE


The Perth Mint will release no more than 10,000 of these coins.

 

AUSTRALIAN LEGAL TENDER


Issued as legal tender under the Australian Currency Act 1965, the coin’s obverse depicts the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II and the 2012 year-date.

 

NUMBERED CERTIFICATE OF AUTHENTICITY


The coin is accompanied by a numbered Certificate of Authenticity.

 

STUNNING ILLUSTRATED PRESENTATION PACKAGING


The coin is housed in a classic display case with a delicately coloured, illustrated shipper.



  • Proof Quality 99.9% Pure Silver

  • Magnificent Coloured Reverse Design

  • Limited Mintage – 10,000

  • Australian Legal Tender

  • Numbered Certificate of Authenticity

  • Stunning Illustrated Presentation Packaging

  • Brilliant New Coin Series 





  • Australian Lunar Series II 2013 Year of the Snake Gold Proof Coin - Perth Mint Gold



  • Proof Quality 99.99% Pure Gold
  • Stunning Snake Reverse Designs
  • Australian Legal Tender
  • Extremely Limited Mintages
  • Numbered Certificates of Authenticity
  • Elegant Presentation
  • Great Gift Ideas
    In 2013, the spectacular and popular Australian Lunar II Gold Proof Coin Series celebrates the Year of the Snake, the sixth animal in the twelve year cycle of the Chinese zodiac.

    These superb proof quality releases are perfect for people born in ‘snake’ years.

    The birth dates for people ruled by the Chinese Lunar snake include 1905, 1917, 1929, 1941, 1953, 1965, 1977, 1989, 2001 and 2013. Those born under the influence of this sign are said to be intelligent, graceful, independent, analytical and charming.

    The 2013 gold releases are available as individual 1oz, 1/4oz and 1/10oz coins, or in a stunning three-coin set comprising all three issues.

    Proof Quality 99.99% Pure Gold

    Each coin is struck by The Perth Mint from 99.99% pure gold in proof quality.

    Stunning Snake Reverse Designs

    The reverse of each coin depicts a representation of a snake with bamboo, signifying good health, wisdom and prosperity. The Chinese character for ‘snake’ and the inscription "Year of the Snake" also appear in the design with The Perth Mint’s traditional ‘P’ mintmark.

    Australian Legal Tender

    Issued as legal tender under the Australian Currency Act 1965, each coin features the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II on its obverse.

    Extremely Limited Mintages

    No more than 3,000 1oz coins, 5,000 1/4oz coins, 5,000 1/10oz coins and 3,000 three-coin sets will be released.

    Numbered Certificate of Authenticity

    Each coin and set is accompanied by a numbered Certificate of Authenticity.

    Elegant Presentation

    Australian Lunar gold proof coins are housed in elegant oval-shaped display cases featuring a granite-effect base and a glossy timber-effect lid. Each case comes in an illustrated shipper.

    Great Gift Ideas

    As well as appealing to gold proof coin collectors, these outstanding releases also make great gifts for people born in any year ruled by the Chinese lunar snake.














  • Monday, September 3, 2012

    Ellis Martin Report INTERVIEW with David Morgan: 30 and UP

    David Morgan's take on the price of silver from here to the end of 2012 and into 2013, also interesting comments and predictions on the share market

    Sunday, September 2, 2012

    2013 Silver Kookaburra Bullion Coins Available Now - 1oz 1 Million

    The Perth Mint of Australia unveiled the 2013 design and release date of one of its most popular annual bullion products. Beginning Monday, September 3, 2012, three sizes of the 2013 Australian Kookaburra Silver Bullion Coin series will become available.

    On the reverse of the newest silver issues are two young kookaburras sitting on a tree branch above flowering foliage. Inscriptions atop the artwork include AUSTRALIAN KOOKABURRA and below it are 2013, the corresponding coin size, and 999 SILVER. The Perth Mint’s mint mark, P, is to one side of the design.





    2013 Australian Kookaburra Silver Bullion Coins come in three sizes. All feature the same reverse design. Shown in the image above is the one-ounce size.

    As with all Australian legal tender coinage, the obverse design has Ian Rank-Broadley’s effigy of Her Majesty Queen Elizabeth II and inscriptions that include the face value of the coin, ELIZABETH II and AUSTRALIA.

    Investors and collectors alike may purchase the $30 denomination one kilo coin, the $10 ten ounce coin, or the $1 one ounce 2013 Kookaburra silver bullion coins with the assurance that all three are composed of 99.9% pure silver with weights and purities guaranteed by the Government of Western Australia.



    The sizes are the same since 2010, but the 2013 one ounce coin is limited to 1,000,000 while the one kilo and ten ounce coins will be minted to meet demand. Previously, mintages for the one ounce size was limited to 300,000 in 2010 but was raised to 500,000 for the 2011 and 2012 issues.

    Kookaburras first appeared in The Perth Mint’s silver bullion coin series in 1990 and were well received. Kookaburras are iconic Australian bush birds known for their cry that almost sounds like human laughter. When The Perth Mint introduced the series, the policy of rotating new designs annually was put into place and a fan following developed soon after.

    Below is a table of mintages for past one-ounce issues in the series prior to this years remintings.

    Mintages of 1 Oz. 1990 – 2012 Kookaburra Silver Bullion Coins


    YEAR MINTAGES YEAR MINTAGES
    1990 300,000 2002 81,160
    1991 283,766 2003 93,596
    1992 198,356 2004 79,732
    1993 180,473 2005 84,448
    1994 164,327 2006 76,943
    1995 134,535 2007 202,506
    1996 146,642 2008 300,000
    1997 149,219 2009 300,000
    1998 92,902 2010 300,000
    1999 104,433 2011 500,000
    2000 99,388 2012 500,000
    2001 164,480 2013 TBA

    The above mintages were last updated by the Perth Mint on April 13, 2012.