August 2008

Exhibit will be replaced by “Money of the Civil War” in October "The Medal Is the Message: Global Ideas in Handheld Sculpture," an innovative exhibit at the Edward C. Rochette Money Museum, is closing on Sept. 15, and will be replaced by "A House Divided: Money of the Civil War," opening on Oct. 9. "Global [...]

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The American Numismatic Association announced the winners of its 2008 Outstanding Club Publications Contest during the ANA Representative Program Breakfast on Aug. 2 at the World’s Fair of Money® in Baltimore. Each year, the ANA recognizes outstanding publications produced by member numismatic organizations. Submissions are judged in four categories: Local Clubs, Regional Clubs, Specialty Clubs [...]

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London precious metals moved higher for the week with silver, gold and platinum rising 5.4 percent, 2.9 percent and 3.9 percent, respectively. On Friday, stocks slid lower, and the U.S. dollar climbed against the euro. Crude oil reversed early gains and lost 13 cents to settle the week at $115.46 a barrel. London silver closed [...]

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Governor Sarah Palin’s office announced as late as last night that she would be spending today at the Alaska State Fair to introduce the newest state quarter into circulation. Governor Palin had a more important ceremony to attend, however, as she took her place beside Sen. John McCain’s Friday and was selected as his vice [...]

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The Central Bank of Malta has issued limited minted €10 silver and €50 gold proof coins that portray the theme of "Auberge de Castille," and are the first coins for collectors to be denominated in euro. The reverse or tails side of the coins portrays the porch of the Auberge de Castille, a 1574 landmark [...]

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The United States Mint pulled out all the stops in the final week of August with the launch of several new coin products and the resumption of American Eagle gold coin sales to authorized dealers. The active week concludes with the Mint’s ceremonial release of the newest state quarter at the Alaska State Fair on [...]

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New York silver, gold and platinum bucked the normal trend, rising Thursday while crude-oil fell and the U.S. dollar gained strength. Silver for October settled to $13.63 an ounce, gaining 13 cents, or 0.9 percent. October platinum gained a sharp $43.50, or 3 percent, to end at $1,484.20 an ounce. The metal was helped by [...]

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Stack of gold coinsA Cleveland landlord can demand payments in gold coins, according to a federal appeals court ruling Wednesday.

The U.S. Court of Appeals for the Sixth Circuit ruled a "gold clause" contained in a 1912 lease agreement was enforceable, reversing a lower courts decision and requiring it to determine an equivalent rent.

The breach of contract lawsuit was filed by building owner 216 Jamaica Avenue, LCC against renter S&R Playhouse Realty Co., who had been paying an annual rent of $35,000 since their obligated assumption of the lease in 1982.

Read the rest of this numismatic news article »

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New York gold and platinum futures rose with higher oil prices and a weaker U.S. dollar Wednesday. Silver fell nearly 1 percent. Crude oil for October finished up $1.88 to $118.15 a barrel on furthering concerns over Hurricane Gustav’s threat to the Gulf, and Energy Department data showing unexpected declines in U.S. gas and crude [...]

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The Andrew Jackson Individual Proof $1 Coin will be available through the United States Mint Thursday, August 28, at 12 noon (ET). Andrew Jackson was was the seventh President of the United States and the special individual proof coins honoring his presidency are priced at $5.95 each. There is a $4.95 standard shipping and handling [...]

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