Precious metals were battered as gold fell for five straight days and below the $1,000 mark it had just surged over last Friday. For the numbers, the London gold fixing fell 3.7 percent, silver lost 7.5 percent and platinum dropped 2.5 percent. The Dow lost 4.1 percent, the S&P declined 4.5 percent and the Nasdaq [...]
(New Orleans, Louisiana) – The unique 1844 proof gold Eagle, on display for three months at the Louisiana State Museum – Old U.S. Mint in New Orleans, helped attract a record of nearly 20,000 visitors during that time as part of the museum’s re-opening. The coin was displayed through the courtesy of its anonymous Florida [...]
Congress ends the month with a flurry of rekindled coin legislation, as a new set of bills reintroduces the Five-Star Generals Commemorative Coin Act. Companion House and Senate bills, H.R. 1177 and S. 455, seek gold, silver and clad coins to honor five-star Generals and the United States Army Command and General Staff College (CGSC) [...]
Gold fell Thursday for the fourth straight day and closed near $940 an ounce. Silver tumbled, stocks stumbled and oil rallied. For the numbers, New York silver, gold and platinum futures lost 6.7 percent, 2.5 percent and 0.7 percent, respectively. The Dow fell 1.2 percent, the S&P declined 1.6 percent and the Nasdaq lost 2.4 [...]
Rep. John Larson has reintroduced legislation in H.R. 1195 calling for $5 gold and $1 silver coins to commemorate the life and legacy of Mark Twain. Mark Twain was the pen name for Samuel Clemens, whose many works are still mostly in print after nearly a century past his death in 1910. Clemens is one [...]
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: Beware of 2009 Penny Scams! By Susan Headley, About.com Guide to Coins since 2006 The new 2009 pennies still aren’t circulating [...]

US Mint sales of 1/2 oz uncirculated 2008-W American Eagles gold coins surged from the last report, rising an impressive 104.5 percent. The coin was the final remaining 2008-dated gold eagle from the Mint until it sold out Wednesday.
49,788 Ultra High Relief Gold coins have been sold. Sales increased 3.7 percent since the prior report, but the pace has slowed somewhat. 1,789 were purchased by collectors compared to the previous 2,579.
Lincoln Silver Dollars jumped again. Proof versions went up to 159,634 while the uncirculated option hit 75,614. The US Mint first offered the commemoratives on Thursday, Feb. 12.
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(Fallbrook, California) – The Board of Directors of the Professional Numismatists Guild (PNG) is praising the American Numismatic Association for making significant progress in resolving the association’s cash problems, and urging ANA members to carefully consider the qualifications of candidates running in this year’s elections. "The ANA Board, Executive Director Larry Shepherd and his staff [...]
Gold on Wednesday ended lower for the third straight day. New York gold futures dropped 0.3 percent and silver fell 0.9 percent. Platinum gained 1.0 percent while oil surged 6.4 percent. Stocks were on the losing end as well, with the Dow, S&P and Nasdaq falling 1.1 percent, 1.0 percent and 1.1 percent, respectively. April [...]
The United States Mint on Wednesday sent e-mail updates to customers who purchased a 2009 Ultra High Relief Double Eagle Gold (UHR) coin. The e-mail expands on the Mint’s shipment notice recently placed on its online store, and includes additional information such as return details.
The Mint has been under considerable heat from customers wondering when their coins will be shipped. The problem was compounded when the Mint sent out several notices with differing delivery dates. And of course, is worsened by a long delay between ordering and receiving.
To add to the Mint’s woes, apparently some orders may have been shipped ahead of others. If reality, and the Mint has not verified the possibility, production problems with UHR companion books may account for the disparity.
Here is the Mint e-mail in its entirety: Read the rest of this numismatic news article »