(Orlando, Florida) – The unique 1793 Wreath U.S. large cent variety (Sheldon NC-5, Crosby 10-F) in the collection of the American Numismatic Society (ANS) has been authenticated and graded by Professional Coin Grading Service as PCGS AU-58. The coin has a distinguished pedigree dating back to 1881, but this was the first time it has [...]
Dallas, TX – Heritage Auction Galleries has just posted prices realized approaching $7 million on its Signature Auction of Ancient and World Coins, held as an official auction of the New York International Numismatic Convention in New York City (NYINC).
At the conclusion of sales of Post Auction Buys and non-floor session material (ending Jan. 13), total prices Realized are expected to well exceed $7 million. This was the lead event in a week of Heritage auctions that will see more than 18,000 lots of rare coins and currency valued above $50 million sold in New York City and Orlando, Florida. Prices realized information on all auctions can be found at www.HA.com.
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Gold and platinum rose on Thursday as the U.S. dollar fell. New York gold and platinum futures gained 1.5 percent and 0.5 percent, respectively. Silver dropped slightly by 0.07 percent. February crude-oil fell for the third consecutive day. Oil lost 93 cents, or 2.2 percent, to close to $41.70 a barrel. And according to AAA, [...]
The Perth Mint on Monday issued a commemorative one ounce silver coin celebrating the first space walk in 1965 by cosmonaut Alexei Leonov. The coin is the third release in its highly innovative Orbit and Beyond series where each main design literally orbits around a representation of the Earth.
The Perth Mint describes Leonov’s historic achievement: Exiting the Voskhod II capsule 500km above Earth, Leonov floated in space for more than 10 minutes before attempting to re-enter the airlock. Alarmingly, his space suit had inflated, forcing the courageous cosmonaut to vent air before being able to squeeze back inside to rejoin compatriot Pavel Belyayev.
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Four numismatic articles are referenced on CoinNews every Tuesday and Thursday. These articles are not authored by us, but we recommend collectors read them for their unusual or interesting content. Here are today’s articles: Busy Schedule for U.S. Mint in 2009 By Susan Headley, About.com: Coins The U.S. Mint has a busy year planned for [...]
Los Angeles, CA – CNBC’s Jane Wells today [June 6] interviewed Goldline International, Inc. (Goldline) President & CEO Mark Albarian about Goldline’s expansion during rising gold investment demand and higher gold prices. The interview on CNBC’s The West Coast Call took place at Goldline’s headquarters in Santa Monica, California. More Investors Looking to Buy Gold [...]
Goldline is One of Nation’s Largest Precious Metals Dealers Santa Monica, Calif. – CIVC Partners, a Chicago based private investment firm, joined with management to acquire Goldline International, Inc. and its subsidiary, Goldline Precious Metals, in a transaction worth over $50,000,000. Goldline helps investors and collectors throughout the United States acquire precious metals, rare coins [...]
Winter Park, FL. Treasure auctioneer Daniel Frank Sedwick, LLC has announced that the closing date for their spring auction (Treasure Auction #5) has been rescheduled from May to April. The new closing date will be April 9. Catalogs will be mailed and lots will be posted on the website around mid-March. The change was made primarily [...]
A dynamic shift in pricing for US gold and platinum collector coins is underway, according to a United States Mint notice published Tuesday by the Federal Register, which is the official daily source for rules, proposed rules, and notices of government agencies and organization.
Instead of static pricing, coin prices will be primarily determined and actively adjusted according to the London Fix weekly average. The Mint said this was to "mitigate the effect that fluctuating gold and platinum commodity costs" has on coins. The London Fix is used as a price benchmark for immediate silver, gold and platinum delivery.
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The Israel Antiquities Authority in late December announced the discovery of 264 ancient gold coins in Jerusalem National Park. The find was described as "one of the largest and most impressive coin hoards ever discovered in Jerusalem." British archaeologist volunteer, Nadine Ross, uncovered the ancient coins at an excavation site and within the ruins of [...]