Issue 12 · week ending October 17, 2026
October 17, 2026
Gold stalled just short of $4,200 again as oil jumped past $100, and the Mint set a launch date for the last Semiquincentennial quarter. Plus discounted 90% silver and the story of the 1877 Indian Head cent.
The U.S. Mint will launch the 1776–2026 Gettysburg Address quarter, the last of this year's five Semiquincentennial quarters, with a free ceremony and cash-only coin exchange at Gettysburg National Military Park on Wednesday, Oct. 21, at 11 a.m.; rolls and bags go on sale from the Mint Nov. 13 at noon ET.
CoinNews.net printed no sale figure.
Gold stalled short of $4,200 on Friday as crude oil climbed back above $100 and Treasury yields recovered; Kitco had spot gold near $4,167.90 an ounce and silver near $56.85 in late U.S. trading.
Kitco NewsWire printed spot gold $4,167.90 an ounce (down $1.90, 0.05%); spot silver $56.85 (down $0.45, 0.78%); September import prices up 1.1% on the month and 8.1% year over year (2026-10-16).
Kitco's weekly gold survey found half of Wall Street on the fence about gold's direction next week, while Main Street voters edged closer to a bearish majority after another failed run at $4,200.
Kitco News printed weekly high $4,216.91 and weekly low $4,073.35 an ounce; 139 votes in Kitco's online poll (2026-10-16).
Patrick A. Heller writes that most coin and precious metals dealers are still selling U.S. 90 percent silver coins below the silver spot price, a hangover from the refinery backlog that followed silver's January peak.
Numismatic News printed COMEX silver settled at $116.73 on Jan. 28, 2026, up 460.1% from $20.84 on Oct. 5, 2023 (2026-10-16).
CoinWeek traces how the 1877 Indian Head cent became the series' key date, including the "Golden Princess," a PCGS MS66+ Red example that sold at GreatCollections in November 2023.
CoinWeek printed $340,875 at GreatCollections, November 2023 (CoinWeek does not say whether this includes the buyer's premium) (2026-10-16).
On the site: See the Semiquincentennial quarter series · See the Indian Head cent series · Check today's melt values
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