Federal Court Orders Florida Men to Pay Over $1.6 Million for Precious Metals Fraud

Commodity Futures Trading Commission

The following is a Press Release from the Commodity Futures Trading Commission (CFTC) announcing that a Federal Court has ordered Marvin W. Courson III and Christopher A. Kertatos to pay over $1.6 million in fines and penalties as part of a precious metals fraud case. The $1.6 penalty includes over $700,000 in restitution payments. The Commodity Futures Trading Commission today announced the U.S. District Court for the Middle District of Florida entered consent orders on …

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2022 First Amendment Platinum Proof Coin – Freedom of Speech Sales Begin Today

2022 American Eagle Platinum Proof - Freedom of Speech (Image Courtesy of The United States Mint)

The United States Mint will begin sales of the 2022 First Amendment American Eagle Platinum Proof coin starting next week. The coin, the second in the First Amendment series, honors the Freedom of Speech granted to all United States citizens as part of the United States Constitution. The Eagle platinum proof is a 99.95% pure platinum coin that will be available directly from the Mint starting Today. There will only be 15,000 of the coins produced and it …

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GreatCollections Offers NGC-certified Double Eagle from SS Central America

1857 Double Eagle From The SS Central America (Image Courtesy of NGC)

The following is a press release from Numismatic Guaranty Company (NGC) announcing that one of its recently graded Double Eagle gold coins from the SS Central America is available at auction. The coin, an 1857-S Double Eagle was graded by the company at MS-66+ PL (Proof Like). The auction, which ends on March 13th, already has bidding up to an eye watering $82,000 at the time of this writing. Recovered from the famous shipwreck of …

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NGC Grading Report – March 2, 2022

Numismatic Guaranty Company Banner

This is the Numismatic Guaranty Company (NGC) grading report for the week of March 2, 2022. The purpose of this report is to inform readers of USCoinNews the estimated time that the Florida-based grading company is taking to grade coins submitted either directly or through an authorized dealer. The goal of the report is to provide realistic expectations on how long it will take for you to get your coins back from NGC. It is …

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United States Mint Numismatic Sales Report – February 27, 2022

United States Mint Banner

The United States Mint has released its weekly numismatic sales report for the seven-day period ending on Sunday, February 27, 2022. The report covers the previous seven days in numismatic product sales by the Mint and is separate from the bullion sales report. In this week’s report, the Mint that an impressive 686,850 numismatic products were sold. This is well over the less than 20,000 products sold according to last week’s report. Unsurprisingly, the top ten selling products …

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2022 American Women Quarters Proof Set Sales Begin March 8th

2022 American Women Quarters Proof Set (Image Courtesy of The United States Mint)

The United States Mint will begin sales of the 2022 American Women Quarters Program Proof Set next week. the five-coin, single lens set will go on sale starting March 8, 2022 at Noon Eastern, 9:00 AM Pacific. The set is priced at $21.00. As is common with standard Proof Sets offered each year by the Mint, there is no production or mintage limit on this set, nor is there a household limit on the number …

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NGC Special Designations and Labels for the 2022-W Proof Platinum American Eagle

2022-W American Eagle Platinum Proof Label (Image Courtesy of NGC)

The following is a Press Release from Numismatic Guaranty Company (NGC) announcing that it will be offering special designations and labels for the upcoming 2022-W Proof Platinum American Eagle. The one-ounce platinum Eagle will be available starting March 3rd from the United States Mint and only 15,000 will be produced. On March 3, 2022, the US Mint is releasing the  2022-W Proof Platinum American Eagle, the second in the coin’s latest series: the First Amendment to the …

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United States Mint Bullion Sales Report – February 27, 2022

United States Mint Banner

The United States Mint has updated its daily bullion sales report for American Eagle and American Buffalo bullion coins. This summary report provides sales details through Sunday, February 27, 2022. The bullion sales report reflects bullion coins that the Mint sold to Authorized Purchasers for the previous week and is different than the weekly numismatic product report. During the previous week, the Mint reported sales of 602,800. All but the 1/2-Ounce gold American Eagle registered sales …

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Mail Bag – Is The Mint Enrollment Program Worth It?

Piles of Mail

One of the latest emails to come into the Mail Bag has come from Andrew. He fellow Coloradan and is questioning if the Mint Enrollment Program that are offered on a wide range of numismatic products each year are worth it. The answer is mostly yes. Clinton, Greetings from (redacted), Colorado. I see that you highlight on products from the Mint when there is an enrollment program for it. I don’t really get the value …

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First Look! United States Navy Silver Medal

United States Navy Silver Medal Obverse (Image Courtesy of The United States Mint)

The United States Mint has released the official high resolution images of the upcoming United States Nave Silver Medal. The 2.5-ounce variety of the medal will be going on sale March 11th and is priced at $160.00. There is mintage & production limit of 10,000 medals with a household limit of one. The Navy silver medal will be the third medal in the series honoring the branches of the United States military. The Air Force …

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