July 2008

Despite a decrease in crude oil prices, New York precious metals surged higher Thursday as US economic news weakened the dollar. Gold recovered most of Wednesday’s losses by rising 1.1 percent rise. And for the economic news… Real GDP fell 0.2% in the the fourth quarter of 2007, compared with the 0.6% increase previously reported, [...]

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(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 [...]

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A $5,000 finder’s fee reward is being offered by Kagin’s, Inc. of Tiburon, California for confirmation of the second known gold coin counter-stamped with the genuine hallmark of Baltimore silversmith, Standish Barry. 

Standish Barry imitation Lima douboon gold counter-marked coin

The only coin now known with the hallmark is the unique 1735 imitation Lima 8 escudos that was found in the collection of legendary Baltimore banker, Louis E. Eliasberg Sr.

Announcement of the finder’s reward was made by Donald H. Kagin, Ph.D., President of Kagin’s, when he displayed the counter-stamped doubloon at the American Numismatic Association World’s Fair of Money convention.

Read the rest of this numismatic news article »

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New York gold was driven lower during an earlier sell-off Wednesday, but recovered some of its losses to close above $900 an ounce after the US dollar showed weakness. A late oil rally and reduced inflation fears also lent support for the yellow metal. Oil gained $4.58 to close at $126.77 a barrel. Silver gained [...]

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The 2008 Richmond First Day $2 Single Notes were gone within a few hours of their availability. "SOLD OUT" was the Bureau of Engraving and Printing (BEP) message sent to its customers in the middle of Wednesday afternoon. The Richmond single banknote joins this year’s other $2 collector notes — Atlanta, New York, San Francisco, [...]

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Just last week Zimbabwe released $100 billion notes in an attempt to fight inflation. But the new banknote on the day it hit the street wasn’t enough to buy a loaf of bread. Today, reports say it will take $200 billion to buy that loaf, and $600 billion to buy a can of Coke. While [...]

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New $20 single collector notes are now available through the Bureau of Engraving and Printing (BEP). The offering is the third and final installment of the Series 2004 $20 Single Notes with each priced at $45. Available banknotes include those issued from the following Federal Reserve Districts: Series 2004 $20 Single Cleveland Note Series 2004 [...]

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Dallas, TX. Heritage Auction Galleries is excited to announce that Diedre Buchmoyer will direct Heritage’s new affiliated buying and auction consignment office in South Florida. Heritage Galleries of Florida, LLC, is an exclusively tailored office bringing Florida residents state-of-the-art technology, a commitment to professional and friendly service, and knowledgeable collectibles experts. The office, opening in [...]

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The Bureau of Engraving and Printing (BEP) has announced the sale of 2008 $2 Richmond notes will begin today, July 30, at 7:30 A.M. EDT. The Cleveland and Philadelphia $2 notes have been passed over, having been placed in a delay mode in May and June so the BEP could complete "system maintenance improvements." Although [...]

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Treasury Secretary Henry Paulson, Jr., has selected Roger W. Burdette to serve a four-year term on the Citizens Coinage Advisory Committee (CCAC). Burdette fills the committee position requiring "special qualifications in numismatics." According to a United States Mint statement, Burdette is:   A life-long numismatist who has written numerous articles and a series of three [...]

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