Category: Mint News


GOLDLINE ACQUIRES ROYAL CANADIAN MINT’S UNIQUELY DESIGNED 2008 “FIRST STRIKE” OF PUREST GOLD MAPLE LEAF COINS

Certified Limited Editions of the World’s Purest Official Mint Coin

uniquely designed 2008 .99999 pure gold one-ounce Maple LeafSanta Monica, Calif. - August 4, 2008 - Goldline International, Inc. today announced it has acquired the very first uniquely designed 2008 .99999 pure gold one-ounce Maple Leaf coins struck by the Royal Canadian Mint. These coins have been independently certified by Professional Coin Grading Service (PCGS), one of the premier coin grading services, to be the first seventeen hundred 2008 .99999 pure Maple Leaf coins. The overwhelming majority of these “First Strike” coins are graded in Superb Gem Brilliant Uncirculated (BU) condition. Each graded coin will be sonically sealed in a rigid plastic container to preserve its mint condition. The PCGS certification includes a unique serial number for each coin.

The .99999 Maple Leaf was introduced by the Royal Canadian Mint in 2007 as the purest gold coin struck by a government mint. The original Maple Leaf coin was first minted in 1979 and contained .999 pure gold. In 1982, the Royal Canadian Mint increased the Maple Leaf’s purity to .9999 (or 24 karat), setting a new benchmark for gold bullion coins. The Royal Canadian Mint raised the standard once again with its .99999 Maple Leaf. The .99999 Maple Leaf features a new, elegant maple leaf gracing the reverse and a 12-sided design.

“When Canada increased the gold content of the Maple Leaf to .99999 fine, it set an unsurpassed standard for gold investment products,” said Mark Albarian, President and Chief Executive Officer of Santa Monica-based Goldline International, Inc. “The independently graded and certified 2008 First Strike .99999 Maple Leafs offer collectors and the investment community a special gold coin at a time when investors are seeking a traditional safe haven hedge against inflation and a falling dollar.”

For more information about these 2008 First Strike Maple Leaf gold coins, please visit www.99999mapleleaf.com or call 1-800-827-4653.

United States Mint and The Hermitage to Introduce New Andrew Jackson Presidential $1 Coin to the Nation at Old Hickory’s Home Near Nashville

Andrew Jackson Presidential DollarThe Andrew Jackson Presidential $1 Coin goes into circulation across the country on August 14, 2008, and an event at The Hermitage, President Jackson’s home near Nashville, Tenn. will introduce the coin to the Nation. United States Mint Deputy Director Andrew Brunhart will join Richard Cowart, the past regent of The Hermitage Board of Directors, on the front lawn of the historic mansion in a ceremonial “pour” of thousands of Andrew Jackson Presidential $1 Coins. The public is invited and may exchange their dollar bills for Andrew Jackson Presidential $1 Coins.

There will be free admission to the grounds (only). Each child under 18 years old attending will receive a free Andrew Jackson Presidential $1 Coin.

Andrew Jackson served two terms in office from 1829 to 1837. Prior to becoming President, he was the first person from Tennessee to be elected to the U.S. House of Representatives, and he also was elected to the U.S. Senate. Jackson served as major general in the War of 1812 and was commander of U.S. forces that defeated the British at the battle of New Orleans. He was known as “Old Hickory” due to his reputation for being very tough. He dominated American politics for many years.

The United States Mint has issued more than one billion Presidential $1 Coins in the order the Presidents served, starting with the George Washington Presidential $1 Coin in February 2007. Andrew Jackson was the seventh President, and he is being honored with the seventh Presidential $1 Coin.

WHAT: Introduction of the new Andrew Jackson Presidential $1 Coin

For video and audio production: Thousands of shiny, new Andrew Jackson Presidential $1 Coins will be poured from United States Mint bags onto a table to “present” the coin to the Nation. (more…)

PNG President’s Reaction to New U.S. Gold Coin

Gary Adkins PNG President and Ed Moy, Director of the US Mint(Baltimore, Maryland) — The brief comments below are in conjunction with the unveiling of a new U.S. gold coin, the 2009 Ultra High Relief Double Eagle, by United States Mint Director, Ed Moy, at the American Numismatic Association World’s Fair of Money® in the Baltimore Convention Center on July 30, 2008.

“This is one of the most creative products to come from the United States Mint. I believe it will be one of the Mint’s most sought after coins,” stated Gary Adkins of Edina, Minnesota, President of the Professional Numismatists Guild (www.PNGdealers.com), a nonprofit organization composed of many of the nation’s top rare coin experts.

“Virtually every collector would like to own one of the Ultra High Relief gold pieces issued in 1907 because it’s one of the world’s most beautiful coins; however, because of scarcity and strong demand, prices can range from $10,000 and up. The 2009-dated Ultra High Relief Double Eagle gold coins will give collectors a chance to obtain this artistic rendition at a price closer to its actual gold bullion value,” Adkins said.

“In the early 20th century, President Theodore Roosevelt felt our circulating coins lacked artistic appeal, and he commissioned renowned sculptor, Augustus Saint-Gaudens, to create a numismatic work of art. His high relief, raised design was adopted, but after some controversy was quickly changed to lower relief because the coins could not be stacked on top of each other and there were problems with the minting process. The flat relief design that subsequently went into circulation in 1907 perhaps is not as esthetically appealing, but it made for easier commerce in the days when we actually had gold coins in circulation,” PNG President Adkins explained.

The new coin was unveiled by United States Mint Director Ed Moy on the opening day of the American Numismatic Association World’s Fair of Money convention in Baltimore, July 30, 2008. After the presentation, Adkins briefly met with Director Moy and showed him an example of a 1907 High Relief Saint-Gaudens Double Eagle.

Founded in 1953, the Professional Numismatists Guild is a nonprofit organization composed of many of the top rare coin and paper money dealers in the United States and seven other countries. PNG member-dealers must adhere to a strict Code of Ethics in the buying and selling of numismatic merchandise.

For additional information about PNG, call (760) 728-1300 or visit online at www.PNGdealers.com.

United States Mint Unveils Modern Ultra-High Relief Double Eagle Gold Coin

Secretary of the Treasury Henry Paulson announced that pursuant to Public Law: 31 U.S.C. § 5112(i)(4) the United States Mint will issue a one-ounce ultra-high relief 24-karat gold coin, creating a 2009 version of what many have called the most beautiful gold piece ever made: the Ultra High Relief Saint-Gaudens $20 Double Eagle.

2009 Ultra High Relief Gold

Aided by advancements in technology, the United States Mint now can produce, in quantity, the ultra high relief coin envisioned, but never fully realized, by renowned sculptor Augustus Saint-Gaudens in 1907.

The mintage of the new coin will be unlimited for one year. Among the production specifications approved by Secretary Paulson are the new coin’s business-strike finish and a diameter of 27 millimeters, making the new collectible coin about 50 percent thicker than other United States Mint one-ounce gold coins.

Only 2009-dated coins will be minted. The coins will go on sale in early 2009, although sales may continue into 2010 if inventory exists.

United States Mint Director Ed Moy will participate in the Opening Ceremony of the American Numismatic Association World’s Fair of Money on Wednesday, July 30, 2008, at 9:30 a.m. ET

Visitors will be able to feel the ultra high relief on plasters of the coin that will be featured at the Ultra High Relief Double Eagle Gold Coin exhibit at the United States Mint booth on the bourse floor at the World’s Fair of Money.

The Obverse: Saint-Gaudens’ Liberty, personified by a statuesque woman striding powerfully forward. Liberty is leading the way with a torch in her front hand and an olive branch in the back hand. The United States Capitol dome is also depicted in the background.

The Reverse & Edge Lettering: A young eagle flying during a sunrise is depicted on the reverse. The motto, “E PLURIBUS UNUM” is on the edge of the coin, allowing a cleaner design on the obverse and reverse.

Citizens Coinage Advisory Committee Announces New Appointment - Roger W. Burdette

Washington - The United States Mint announced today that Treasury Secretary Henry Paulson, Jr., has appointed Roger W. Burdette to the Citizens Coinage Advisory Committee (CCAC). Mr. Burdette, who will serve a four-year term, was chosen as the CCAC member with special qualifications in numismatics.

Mr. Burdette is a life-long numismatist who has written numerous articles and a series of three critically acclaimed books titled Renaissance of American Coinage. Mr. Burdette holds a Bachelors of Science degree and a Masters of Science degree, both in Education, from the University of Maryland. He is a Lead Information Systems Engineer with Mitre Corporation in Potomac Falls, Virginia.

The United States Mint also announced today that the application process for appointment to an open position on the CCAC for a member representing the interests of the public has been extended to August 22, 2008. The United States Mint will review all applications and will forward recommendations to the Secretary of the Treasury for consideration.

The CCAC, established in 2003 by Public Law 108-15, advises the Secretary of the Treasury on themes and design proposals for circulating coinage, commemorative coins, bullion coinage, Congressional Gold Medals and other medals produced by the United States Mint. The CCAC also makes recommendations to the Secretary on the events, persons, or places commemorated on, as well as the mintage levels for, commemorative coins.

The 11-member committee includes: one specially qualified in numismatic collection curation; one specially qualified in the medallic arts or sculpture; one specially qualified in American history; one specially qualified in numismatics; three individuals representing the interests of the general public; and four individuals recommended by the Leadership of both the House of Representatives and Senate. CCAC members serve terms of four years and are Special Government Employees; therefore, they are subject to various applicable conflict of interest laws and ethics regulations. (more…)

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