America the Beautiful Silver Proof Sets

A few days ago someone pointed out to me that if you purchase 10 of the 2010 America the Beautiful Silver Proof Sets, you would get about 9 ounces of silver. They cost $32.95 each for a total of $329.50 plus $4.95 shipping for a total cost of $334.45 or $37.16 per ounce.

At today's silver price of about $34.71, 9 Silver American Eagles would cost you about $367 delivered or $40.77 per ounce. At higher silver prices, the difference would be even greater. I managed to get in an order for 10 sets, but today when I went back to order 10 more, they have been taken off the catalog with the message: This product is temporarily unavailable . My sets got delivered today and they are beautiful. Keep track of what the mint is selling...sometimes with the price of silver and gold moving with great volatility you may be able to pick up some bargains before they can update their prices.

Technorati Tags: Silver Coins America the Beautiful Silver Proof SetsSilver Bullion CoinsSilver Investing

2011 Medal of Honor Commemorative Coins Available February 25

The United States Mint announced to day that the 2011 Medal of Honor Commemorative gold and silver Coins would be available to order on February 25, 2011. The coins were authorized by the Medal of Honor Commemorative Coin Act of 2009. There will be a maximum of 100,000 $5 gold coins and 500,000 silver dollars minted. The coins will be available in proof and uncirculated qualities.

The coins are being released in recognition and celebration of the establishment of the Medal of Honor in 1861, to honor the American service members who have been recipients of the Medal of Honor and to promote awareness of how ordinary Americans can challenge fate and change the course of history.

Ronald Reagan Commemorative Gold and Silver Coins

Congressman Bob Latta (R-Bowling Green, Ohio) recently files legislation, H.R. 497, the Ronald Reagan Commemorative Coin Act, which would authorize the minting of $5 gold and $1 silver coins commemorating the late President. Specifications of the coins are as follows:
(1) $5 GOLD COIN - Not more than 50,000 $5 coins, which shall
(A) weigh 8.359 grams;
(B) have a diameter of 0.850 inches;
(C) contain 90 percent gold and 10 percent alloy.

(2) $1 SILVER COIN - Not more than 300,000 $1 coins, which shall
(A) weigh 26.73 grams;
(B) have a diameter of 1.500 inches;
(C) contain 90 percent silver and 10 percent copper.

Technorati Tags: Gold Coins Medal of Honor Gold CoinsGold Bullion CoinsGold InvestingGold CoinsRonald ReaganSilver CoinsRonald Reagan Commemorative Coin ActH.R. 497