The world-record 100-kg, 99.999% pure gold maple leaf bullion coin will be displayed at the 2008 annual convention of the Canadian Numismatic Association
Media representatives and the general public are invited(*) to a one-day showing of the world’s largest, purest and highest denomination gold coin at the Crowne Plaza Hotel in Ottawa on Saturday, July 19, 2008.
The Royal Canadian Mint will display its 100-kg, 99999 pure Gold Maple Leaf bullion coin with a $1 million face value at its booth located on the floor of the Canadian Numismatic Association’s 2008 Convention.
The Mint will also exchange coins with visitors to its booth, in return for a 2008 $2 circulation coin commemorating the 400th anniversary of Quebec City.
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New York gold nudged up as silver and platinum dropped along with crude-oil prices.
The yellow metal, however, lost half of its earlier gains as the impact of falling oil and a rising US dollar started to take hold.
Silver lost 8 cents to close at $18.73 an ounce.
Platinum dropped like a brick to $1,900.40 an ounce, losing $38.
Gold gained $8 to end at $970.70 an ounce, but was off its intraday high of $978 an ounce.
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The United Sates Mint released a press statement today officially — or at least more publicly — announcing the release of their 2008 American Eagle Platinum Uncirculated Coins. Today was not their first day of sale. The Mint began accepting orders for the 99.95 percent pure platinum coins on July 1 at noon.
The 2008 platinum coin’s reverse features the final design in the three-year series entitled, “The Foundations of American Democracy.” (See images and initial CoinNews availability article.) The ending to the design series alone is worth the Mint’s press announcement, even though delayed.
Platinum down in price, proof coins no longer listed
While the price of London platinum was $2,075 an ounce when the Mint started offering the coins, platinum has since dropped by $182 to today’s close of $1,893 per ounce. The coin prices have remained unchanged since July 1, most likely making a buying decision harder for many collectors.
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Dallas, TX. Significant and classic rarities from all series in American numismatics are available in Heritage’s Platinum Night catalog for the Official Auction of the Baltimore 2008 ANA World’s Fair of Money®. The auction will be held in Baltimore July 30 - Aug. 3, with Platinum Night on July 31, 2008. The auction is now posted by Heritage Auction Galleries on their HA.com website, and all lots are available for inspection and bidding.
“The great rarities included in this auction are dazzling,” commented Heritage President Greg Rohan, “and in such a strong market, we predict that many records will be set.
The Baltimore ANA contains rarities from 400 consignors, but I must call special attention to the magnificent gold in Part Five of the Stephen Stokely Collection (his $20 Saint-Gaudens Registry Collection) and the Pierson MacDonald Grieve Collection, the Large Cents of the Joshua Collection;
Part Four of the Phil Kaufman Collection of Early Proof Sets, and The Ed Price Collection of Early Dime and Quarter Eagle Varieties.
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President Bush today signed legislation that will honor disabled Veterans with commemorative silver dollar coins for 2010.
The designs of the coins are to be "emblematic of the service of our disabled veterans who, having survived the ordeal of war, made enormous personal sacrifices defending the principles of our democracy."
Surcharge funds from the sale of each coin will help build a memorial for disabled veterans.
The American Veterans Disabled for Life Commemorative Coin Act, H.R. 634, was introduced in January of 2007 by Rep Dennis Moore and Rep Mark Kirk.
The House in May and the Senate in June unanimously passed the bill. Rep Moore commented after the House passage,
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