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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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vhf

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Major Demand For New Silver Coin

posted on Dec 07, 2010 12:30AM

Bids offered at "double spot value" for new silver coins...

Regards - VHF

New 'America the Beautiful' Silver Coins in Demand

By Alejandro J. Martinez - Wall Street Journal

December 7, 2010

The U.S. Mint was set to begin releasing the 2010 "America the Beautiful" five-ounce silver bullion coins, an eagerly anticipated event in the collecting community.

The Mint accepted orders from its authorized purchasers Monday.

So many in the coin-collecting community were clamoring to get their hands on one of 165,000 of the 0.999-fine silver bullion coins that some dealers were reportedly being offered "double spot value" during the weekend.

The bullion coins sport a symbolic face value of a quarter dollar, a diameter of three inches and bear no mint mark. The value of the bullion coin is based on the commodity it contains.

The large-format coins—so called when coins are five ounces or larger—are the first of their kind for the U.S. government, but others have been struck by countries such as Australia, Canada, China, France and Poland.

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