Latest news with #UnitedStatesMint
Business Upturn
6 days ago
- Business
- Business Upturn
2025 American Eagle One Ounce Gold Uncirculated Coin Available on June 5
WASHINGTON, D.C., May 29, 2025 (GLOBE NEWSWIRE) — The United States Mint (Mint) will accept orders for the 2025 American Eagle One Ounce Gold Uncirculated Coin beginning June 5 at noon ET. Production is limited to 7,500 coins, and orders are limited to three coins per household for the first 24 hours of sales. Struck in 22-karat gold, the American Eagle One Ounce Gold Uncirculated Coin is the collector version of the official United States Mint American Eagle Gold Bullion Coin. Produced since 1986, this coin was updated in 2021 with a refreshed obverse (heads) and a completely redesigned reverse (tails) to mark the 35th anniversary of the American Eagle Coin Program. The obverse design features Augustus Saint-Gaudens' full-length figure of Liberty with flowing hair, holding a torch in her right hand and an olive branch in her left hand. Inscriptions are 'LIBERTY' and '2025.' Based on the original bronze cast, legacy details were restored for the obverse design, including modifications to the Capitol Building, stars, torch, sun rays, and other design elements. The reverse design features a stunning portrayal of an eagle, crafted in the highest degree of detail. United States Mint Artistic Infusion Program Designer Jennie Norris created the reverse design, which was sculpted by United States Mint Medallic Artist Renata Gordon. Inscriptions are 'UNITED STATES OF AMERICA,' 'E PLURIBUS UNUM,' 'IN GOD WE TRUST,' '50 DOLLARS,' and '1 OZ. FINE GOLD.' As an added level of security, this coin includes a reeded edge variation. The Mint benchmarked its efforts against anti-counterfeiting programs implemented by major mints around the world. To complement these designs, each coin is encapsulated and packaged in a black presentation case, which is then housed in an outer presentation box with the United States Mint seal on the lid. The box fits into an outer sleeve with a beautiful gold foil image of Liberty. The accompanying certificate of authenticity also includes matching imagery of the obverse design. The American Eagle Gold Uncirculated Coin is priced according to the range in which it appears on the Mint's Pricing of Numismatic Gold, Commemorative Gold, and Platinum and Palladium Products table. Current pricing information is available here. To sign up for a 'Remind Me' alert, please visit American Eagle 2025 One Ounce Gold Uncirculated Coin (product code 25EH). This product is included in the Numismatic Bulk Purchase Program, as well as the Authorized Bulk Purchase Program. View additional United States Mint American Eagle Coin products at: Please visit as your primary source of the most current information on product and service status or call 1-800-USA-MINT (872-6468) seven days a week from 8 a.m. to 9 p.m. ET. Hearing and speech impaired customers with TTY equipment may order by calling 1-888-321-MINT (6468) Monday through Friday, 8:30 a.m. to 5 p.m. ET. From outside the United States, customers can call 001-202-898-6468 Monday through Friday, 8:30 a.m. to 5 p.m. ET. About the United States Mint Congress created the United States Mint in 1792, and the Mint became part of the Department of the Treasury in 1873. As the Nation's sole manufacturer of legal tender coinage, the Mint is responsible for producing circulating coinage for the Nation to conduct its trade and commerce. The Mint also produces numismatic products, including proof, uncirculated, and commemorative coins; Congressional Gold Medals; silver and bronze medals; and silver and gold bullion coins. Its numismatic programs are self-sustaining and operate at no cost to taxpayers. Note: To ensure that all members of the public have fair and equal access to United States Mint products, the United States Mint will not accept nor honor orders placed prior to the official on-sale date of June 5, 2025, at noon ET. ADDITIONAL RESOURCES: Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
The Age
28-05-2025
- Business
- The Age
Trump wants to check on the gold at Fort Knox. His allies are cashing in on the fear
Trump's Fort Knox obsession has resurfaced one of the deeper cuts in the American conspiracy theory catalogue. One reason the government holds onto such large stores of gold is to confer a sense of financial stability, even though the country moved off the gold standard in the 20th century. According to the United States Mint, 147.3 million ounces of gold, about half of the government's stash, is held at Fort Knox. The Kentucky facility, known formally as the United States Bullion Depository at Fort Knox, almost never allows visitors and is kept under heavy lock and key – an inaccessibility that may explain much of the intrigue around it. One of the early proponents of the idea that gold was missing was a lawyer named Peter Beter, who earned a modicum of notoriety in the 1970s by spreading dark theories in a mail-order audio cassette series. Among other things, Beter believed that 'organic robotoids' controlled by Bolsheviks had infiltrated the federal government. By 1974, concerns about the gold reserves grew so intense that a congressional delegation and a few news outlets, including The New York Times, were invited to Fort Knox for a rare inspection. A reporter for the Times described the effect of seeing a vault 6 feet wide and 12 feet deep, stacked with 36,236 glistening gold bars, as 'awesome'. Another wave of concern crested in 2011, when then-Republican Ron Paul introduced a bill calling for an inventory of the reserves. At a subcommittee hearing, Paul said people had become worried that 'the gold had been secretly shipped out of Fort Knox and sold'. He added, 'And, still others believe that the bars at Fort Knox are actually gold-plated tungsten.' The inspector general of the Treasury at the time, Eric Thorson, told Paul that audits were performed yearly, with 'no exceptions of any consequence'. More recently, Trump's first-term Treasury secretary, Steve Mnuchin, had a chance to check on the gold in August 2017, with Senator Mitch McConnell, then the Senate majority leader, in tow. Photos were taken of the men among the gold bars. 'Glad gold is safe!' Mnuchin wrote on Twitter, now known as X. Questions bubble up again The latest concerns appear to have taken off on February 14, when the website ZeroHedge, which occasionally promotes conspiracy theories, tagged Elon Musk in a post on X. The post asked him to make sure the gold at Fort Knox was there. 'Surely it's reviewed at least every year?' Musk replied. 'It should be. It isn't,' ZeroHedge responded. (Bessent would later say that the gold is still audited annually.) Senator Rand Paul, the son of Ron Paul, chimed in, calling for an audit. 'Let's do it.' Then came Glenn Beck, the conservative radio and TV host, who posted an open letter to Trump, asking if he could take a camera crew to Fort Knox to 'restore faith in our financial system'. He later dedicated a segment of his show to casting doubt on the confirmed audits. The chatter about the gold reserves was growing louder. By February 20, Trump was telling a press gaggle on Air Force One that he planned to go to Fort Knox to 'make sure the gold is there'. Sales pitches follow Loading Since then, the idea that the government's gold reserves may have gone missing has been integrated into the sales pitches of companies that trade in gold coins and gold investment accounts. The companies advertise heavily on Trump-friendly TV and internet shows. A number of 'gold IRA' companies have suggested that a future audit of Fort Knox could determine that gold is missing, setting off a crisis among Americans about the stability of the economy. Amid such chaos, the companies argue, privately held gold would be a lucrative safe haven for investors. One of the companies, Birch Gold Group, is endorsed by the president's eldest son and bills itself as 'Donald Trump Jr's gold company'. Loading A recent article on Birch Gold's website stated that the idea of an 'empty Fort Knox' had gone 'from conspiracy theory to mainstream concern'. A discovery that gold was missing from Fort Knox, the article stated, would be the 'quickest way down for the US dollar'. 'It is only those without physical gold exposure that feel the need to panic, perhaps with good reason, about the greenback's admittedly dismal prospects,' states the article, which includes an offer for a 'FREE gold IRA info kit'. The younger Trump lauded his father's plans to visit Fort Knox in a February 24 episode of his online talk show, on which he regularly makes pitches for Birch Gold. 'If it's empty,' he said, 'I would imagine there's hell to pay.' On another section of Birch Gold's website, a 'Message from Donald Trump Jr' raised the possibility that his father's administration could 'revalue America's gold reserves on the national balance sheet from their outdated book value of $42' – the price per ounce the government assigns for bookkeeping purposes – 'to current market prices'. This, he wrote, 'could cause a surge in gold prices', adding that 'the potential upside for gold investors is substantial'. A gold IRA, he added, would be a great way to benefit. He did not mention that Bessent had publicly stated that he had no plans to revalue the gold reserves. Above the message was a digitally altered photo of the president at a desk, showing off an important-looking signed document, a wall of gold bricks behind him.
Sydney Morning Herald
28-05-2025
- Business
- Sydney Morning Herald
As Donald Trump raises Fort Knox conspiracies, his allies are cashing in
Trump's Fort Knox obsession has resurfaced one of the deeper cuts in the American conspiracy theory catalogue. One reason the government holds onto such large stores of gold is to confer a sense of financial stability, even though the country moved off the gold standard in the 20th century. According to the United States Mint, 147.3 million ounces of gold, about half of the government's stash, is held at Fort Knox. The Kentucky facility, known formally as the United States Bullion Depository at Fort Knox, almost never allows visitors and is kept under heavy lock and key – an inaccessibility that may explain much of the intrigue around it. One of the early proponents of the idea that gold was missing was a lawyer named Peter Beter, who earned a modicum of notoriety in the 1970s by spreading dark theories in a mail-order audio cassette series. Among other things, Beter believed that 'organic robotoids' controlled by Bolsheviks had infiltrated the federal government. By 1974, concerns about the gold reserves grew so intense that a congressional delegation and a few news outlets, including The New York Times, were invited to Fort Knox for a rare inspection. A reporter for the Times described the effect of seeing a vault 6 feet wide and 12 feet deep, stacked with 36,236 glistening gold bars, as 'awesome'. Another wave of concern crested in 2011, when then-Republican Ron Paul introduced a bill calling for an inventory of the reserves. At a subcommittee hearing, Paul said people had become worried that 'the gold had been secretly shipped out of Fort Knox and sold'. He added, 'And, still others believe that the bars at Fort Knox are actually gold-plated tungsten.' The inspector general of the Treasury at the time, Eric Thorson, told Paul that audits were performed yearly, with 'no exceptions of any consequence'. More recently, Trump's first-term Treasury secretary, Steve Mnuchin, had a chance to check on the gold in August 2017, with Senator Mitch McConnell, then the Senate majority leader, in tow. Photos were taken of the men among the gold bars. 'Glad gold is safe!' Mnuchin wrote on Twitter, now known as X. Loading Questions bubble up again The latest concerns appear to have taken off on February 14, when the website ZeroHedge, which occasionally promotes conspiracy theories, tagged Elon Musk in a post on X. The post asked him to make sure the gold at Fort Knox was there. 'Surely it's reviewed at least every year?' Musk replied. 'It should be. It isn't,' ZeroHedge responded. (Bessent would later say that the gold is still audited annually.) Senator Rand Paul, the son of Ron Paul, chimed in, calling for an audit. 'Let's do it.' Then came Glenn Beck, the conservative radio and TV host, who posted an open letter to Trump, asking if he could take a camera crew to Fort Knox to 'restore faith in our financial system'. He later dedicated a segment of his show to casting doubt on the confirmed audits. The chatter about the gold reserves was growing louder. Loading By February 20, Trump was telling a press gaggle on Air Force One that he planned to go to Fort Knox to 'make sure the gold is there'. Sales pitches follow Since then, the idea that the government's gold reserves may have gone missing has been integrated into the sales pitches of companies that trade in gold coins and gold investment accounts. The companies advertise heavily on Trump-friendly TV and internet shows. A number of 'gold IRA' companies have suggested that a future audit of Fort Knox could determine that gold is missing, setting off a crisis among Americans about the stability of the economy. Amid such chaos, the companies argue, privately held gold would be a lucrative safe haven for investors. One of the companies, Birch Gold Group, is endorsed by the president's eldest son and bills itself as 'Donald Trump Jr's gold company'. Loading A recent article on Birch Gold's website stated that the idea of an 'empty Fort Knox' had gone 'from conspiracy theory to mainstream concern'. A discovery that gold was missing from Fort Knox, the article stated, would be the 'quickest way down for the US dollar'. 'It is only those without physical gold exposure that feel the need to panic, perhaps with good reason, about the greenback's admittedly dismal prospects,' states the article, which includes an offer for a 'FREE gold IRA info kit'. The younger Trump lauded his father's plans to visit Fort Knox in a February 24 episode of his online talk show, on which he regularly makes pitches for Birch Gold. 'If it's empty,' he said, 'I would imagine there's hell to pay.' On another section of Birch Gold's website, a 'Message from Donald Trump Jr' raised the possibility that his father's administration could 'revalue America's gold reserves on the national balance sheet from their outdated book value of $42' – the price per ounce the government assigns for bookkeeping purposes – 'to current market prices'. This, he wrote, 'could cause a surge in gold prices', adding that 'the potential upside for gold investors is substantial'. A gold IRA, he added, would be a great way to benefit. He did not mention that Bessent had publicly stated that he had no plans to revalue the gold reserves. Above the message was a digitally altered photo of the president at a desk, showing off an important-looking signed document, a wall of gold bricks behind him.
The Age
28-05-2025
- Business
- The Age
As Donald Trump raises Fort Knox conspiracies, his allies are cashing in
Trump's Fort Knox obsession has resurfaced one of the deeper cuts in the American conspiracy theory catalogue. One reason the government holds onto such large stores of gold is to confer a sense of financial stability, even though the country moved off the gold standard in the 20th century. According to the United States Mint, 147.3 million ounces of gold, about half of the government's stash, is held at Fort Knox. The Kentucky facility, known formally as the United States Bullion Depository at Fort Knox, almost never allows visitors and is kept under heavy lock and key – an inaccessibility that may explain much of the intrigue around it. One of the early proponents of the idea that gold was missing was a lawyer named Peter Beter, who earned a modicum of notoriety in the 1970s by spreading dark theories in a mail-order audio cassette series. Among other things, Beter believed that 'organic robotoids' controlled by Bolsheviks had infiltrated the federal government. By 1974, concerns about the gold reserves grew so intense that a congressional delegation and a few news outlets, including The New York Times, were invited to Fort Knox for a rare inspection. A reporter for the Times described the effect of seeing a vault 6 feet wide and 12 feet deep, stacked with 36,236 glistening gold bars, as 'awesome'. Another wave of concern crested in 2011, when then-Republican Ron Paul introduced a bill calling for an inventory of the reserves. At a subcommittee hearing, Paul said people had become worried that 'the gold had been secretly shipped out of Fort Knox and sold'. He added, 'And, still others believe that the bars at Fort Knox are actually gold-plated tungsten.' The inspector general of the Treasury at the time, Eric Thorson, told Paul that audits were performed yearly, with 'no exceptions of any consequence'. More recently, Trump's first-term Treasury secretary, Steve Mnuchin, had a chance to check on the gold in August 2017, with Senator Mitch McConnell, then the Senate majority leader, in tow. Photos were taken of the men among the gold bars. 'Glad gold is safe!' Mnuchin wrote on Twitter, now known as X. Loading Questions bubble up again The latest concerns appear to have taken off on February 14, when the website ZeroHedge, which occasionally promotes conspiracy theories, tagged Elon Musk in a post on X. The post asked him to make sure the gold at Fort Knox was there. 'Surely it's reviewed at least every year?' Musk replied. 'It should be. It isn't,' ZeroHedge responded. (Bessent would later say that the gold is still audited annually.) Senator Rand Paul, the son of Ron Paul, chimed in, calling for an audit. 'Let's do it.' Then came Glenn Beck, the conservative radio and TV host, who posted an open letter to Trump, asking if he could take a camera crew to Fort Knox to 'restore faith in our financial system'. He later dedicated a segment of his show to casting doubt on the confirmed audits. The chatter about the gold reserves was growing louder. Loading By February 20, Trump was telling a press gaggle on Air Force One that he planned to go to Fort Knox to 'make sure the gold is there'. Sales pitches follow Since then, the idea that the government's gold reserves may have gone missing has been integrated into the sales pitches of companies that trade in gold coins and gold investment accounts. The companies advertise heavily on Trump-friendly TV and internet shows. A number of 'gold IRA' companies have suggested that a future audit of Fort Knox could determine that gold is missing, setting off a crisis among Americans about the stability of the economy. Amid such chaos, the companies argue, privately held gold would be a lucrative safe haven for investors. One of the companies, Birch Gold Group, is endorsed by the president's eldest son and bills itself as 'Donald Trump Jr's gold company'. Loading A recent article on Birch Gold's website stated that the idea of an 'empty Fort Knox' had gone 'from conspiracy theory to mainstream concern'. A discovery that gold was missing from Fort Knox, the article stated, would be the 'quickest way down for the US dollar'. 'It is only those without physical gold exposure that feel the need to panic, perhaps with good reason, about the greenback's admittedly dismal prospects,' states the article, which includes an offer for a 'FREE gold IRA info kit'. The younger Trump lauded his father's plans to visit Fort Knox in a February 24 episode of his online talk show, on which he regularly makes pitches for Birch Gold. 'If it's empty,' he said, 'I would imagine there's hell to pay.' On another section of Birch Gold's website, a 'Message from Donald Trump Jr' raised the possibility that his father's administration could 'revalue America's gold reserves on the national balance sheet from their outdated book value of $42' – the price per ounce the government assigns for bookkeeping purposes – 'to current market prices'. This, he wrote, 'could cause a surge in gold prices', adding that 'the potential upside for gold investors is substantial'. A gold IRA, he added, would be a great way to benefit. He did not mention that Bessent had publicly stated that he had no plans to revalue the gold reserves. Above the message was a digitally altered photo of the president at a desk, showing off an important-looking signed document, a wall of gold bricks behind him.
Business Upturn
27-05-2025
- Business
- Business Upturn
2025 American Women Quarters™ Rolls and Bags Honoring Dr. Vera Rubin on Sale June 3
WASHINGTON, D.C., May 27, 2025 (GLOBE NEWSWIRE) — The United States Mint (Mint) 2025 American Women Quarters™ rolls and bags honoring Dr. Vera Rubin will be available for purchase on June 3 at noon ET. The Dr. Vera Rubin quarter is the 18th coin in the American Women Quarters™ Program, a four-year program that celebrates the accomplishments and contributions made by women who have shaped our Nation's history and helped pave the way for generations that followed. The rolls and bags product options include: Priced at $47.25, a bag of 100 circulating quality quarters minted in Philadelphia (product code 25WBE) Priced at $47.25, a bag of 100 circulating quality quarters minted in Denver (product code 25WBF) Priced at $42.00, a two-roll set containing a total of 80 circulating quality quarters minted in Philadelphia and Denver (product code 25WRE) Priced at $63.00, a three-roll set containing a total of 120 circulating quality quarters minted in Philadelphia, Denver, and San Francisco (product code 25WRF) Orders for the 100-coin bags are limited to 10 per household for the first 24 hours of sales. Orders for the two-roll and three-roll sets are limited to three each per household for the first 24 hours of sales. Sign up to receive 'Remind Me' alerts by visiting the official product listing page. Because of overwhelming demand, much of the production of the three-roll sets is accounted for through subscription. A limited quantity will be available for purchase on June 3 at noon ET. These products will also be available for purchase at the Mint's sales centers at the Philadelphia Mint, 151 N. Independence Mall East, Philadelphia, PA 19106 (on 5th Street between Arch Street and Race Street) Monday through Saturday, 9 a.m. to 4:30 p.m. ET; at the Denver Mint, 320 West Colfax Avenue, Denver, CO 80204 (on Cherokee Street, between West Colfax Avenue and West 14th Avenue) Monday through Thursday, 8 a.m. to 4:30 p.m. MT; and from the United States Mint Headquarters Coin Store in Washington, D.C., 801 9th St. NW, Washington, DC 20220 Monday through Friday, 10 a.m. to 4 p.m. ET. The reverse (tails) design features a profile of Dr. Vera Rubin gazing upward, smiling as she contemplates the cosmos. She is surrounded by a spiral galaxy and other celestial bodies. Inscriptions include 'DR. VERA RUBIN,' 'QUARTER DOLLAR,' 'E PLURIBUS UNUM,' and 'UNITED STATES OF AMERICA.' The additional inscription, 'DARK MATTER,' the invisible mass found in our galaxy, is inscribed at the bottom of the design. United States Mint Artistic Infusion Program Designer Christiana Hess created the reverse design, which Mint Medallic Artist John P. McGraw sculpted. Each coin in this series features a common obverse (heads) design depicting a portrait of George Washington. This design was originally composed and sculpted by Laura Gardin Fraser as a candidate entry for the 1932 quarter, which honored the bicentennial of George Washington's birth. The inscriptions are 'LIBERTY,' 'IN GOD WE TRUST,' and '2025.' Launched in 2022, and continuing through 2025, the Mint is issuing five new quarter dollar reverse designs each year. The American Women Quarters Program is authorized by the Circulating Collectible Coin Redesign Act of 2020 (Public Law 116-330). Shop the American Women Quarters Program today and start collecting this historic series honoring extraordinary women whose achievements, triumphs, and legacies reflect the strength and resilience of our Nation. Please use the Mint's website as your primary source of the most current information on product and service status or call 1-800-USA-MINT (872-6468) seven days a week from 8 a.m. to 9 p.m. ET. Hearing and speech impaired customers with TTY equipment may order by calling 1-888-321-MINT (6468) Monday through Friday, 8:30 a.m. to 5 p.m. ET. From outside the United States, customers can call 001-202-898-6468 Monday through Friday, 8:30 a.m. to 5 p.m. ET. About the United States Mint Congress created the United States Mint in 1792, and the Mint became part of the Department of the Treasury in 1873. As the Nation's sole manufacturer of legal tender coinage, the Mint is responsible for producing circulating coinage for the Nation to conduct its trade and commerce. The Mint also produces numismatic products, including proof, uncirculated, and commemorative coins; Congressional Gold Medals; silver and bronze medals; and silver and gold bullion coins. Its numismatic programs are self-sustaining and operate at no cost to taxpayers. Note: To ensure that all members of the public have fair and equal access to United States Mint products, the United States Mint will not accept nor honor orders placed prior to the official on-sale date of June 3, 2025, at noon ET. ADDITIONAL RESOURCES: Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
