April 2009

(Fallbrook, California) – Nominations for the 2009 awards are being sought by the Professional Numismatists Guild (www.PNGdealers.com), according to PNG Executive Director Robert Brueggeman and President Gary Adkins. "Each year we ask collectors and dealers to nominate candidates in a half dozen award categories to formally recognize achievements in various areas of the hobby and [...]

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In keeping with yearly tradition to mark Holy Thursday before Easter, Queen Elizabeth II handed out rare coins during the Royal Maundy Service that was held this year in Bury St Edmunds Cathedral, Suffolk. Custom dictates that a monarch’s age is to be used to determine how many individuals are selected for the service to [...]

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Gold slid lower Thursday, ending a holiday-shortened week and marking the yellow metal’s third weekly loss. In contrast, U.S. stocks jumped to conclude a fifth straight week of gains. Oil rallied back above $50 a barrel. In New York trading futures for bullion: Silver for May delivery lost a penny, or 0.1 percent, to $12.33 [...]

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Four numismatic news or coin blog articles are referenced on CoinNews every Tuesday and Thursday. These articles are not authored by us, but we recommend coin collectors read them for their unusual or interesting content. Here are today’s articles: Sound Determines if Coins are Sound By Richard Giedroyc | World Coin News It has been [...]

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Seventeen members of the American Numismatic Association have accepted nominations for positions on the 2009-11 Board of Governors, Executive Director Larry Shepherd has announced. Two candidates are running for President; one for Vice President and 14 for seven Governor seats. Each Board member serves a two-year term, and all are elected by the ANA membership [...]

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US Mint Sales Figures ImageThe latest US Mint sales figures has data shifting not only up, but down. Lincoln $1s and Birthplace penny roll totals were clipped lower. Braille Silver Dollars improved nicely, and the pace of Ultra High Relief (UHR) Gold coin slowed even more.

A magical correction has appeared for the Lincoln Silver Dollars. Whether it was customer returns, cancellations or Mint accounting tweaks, the proof and uncirculated sales figures are now aligned with the stars. Combined sales dropped by 15,614.

A perfect 325,000 sold is listed for the proof and an all-natural 125,000 for the uncirculated option. And with those numbers, 50,000 are left for the special 5-coin proof set the Mint will release later this year. Last week the numbers were twisted in what appeared to be an apparent oversell of coins, leaving less than 35,000 coins free for the special set.

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Gold climbed Wednesday along with nearly "everything else." In this report, the else is silver, platinum, oil and U.S. stocks. Most gains, however, were not exactly impressive. In New York trading futures for bullion: Silver for May delivery gained 13 cents, or 1.1 percent, to $12.34 an ounce. Gold for June rose $2.60, or 0.3 [...]

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Virginia Beach, VA. – On March 20, 2009 Dominion Grading Service (DGS) made its new and improved Submission Form live on www.dominiongrading.com. DGS worked hard on simplifying the form to make it very user-friendly. Along with being loaded with special, optional services, you can now submit different service tiers on one form. It is an [...]

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A veteran precious metals expert, Barry Stuppler of Woodland Hills, California, President of the American Numismatic Association, cautions there are many false and misleading statements repeatedly made about gold as part of a diversified portfolio. He believes we’ll see hyperinflation and gold at $2,011 an ounce by the end of 2011.

Barry StupplerWoodland Hills, CA — False and misleading statements about gold as part of a diversified portfolio are frequently repeated in the news media, according to Barry Stuppler, president of the non-profit, 32,000-member American Numismatic Association.

 

“Some of the hackneyed arguments against gold come from financial analysts who work for brokerage houses that have a vested interest in steering money toward equities they sell and away from physical gold ownership. Some news organizations are giving out the same incorrect or misleading comments,” said Stuppler, who is also president of Barry Stuppler & Company, Inc. of Woodland Hills, California, a rare coin and precious metals dealership.

 

Here are frequently encountered arguments against investing in gold and Stuppler’s responses based on his over 30 years of professional experience in the gold and silver markets.

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The latest on the coolest in collectibles, coins, fine art and more from the World’s Largest Collectibles Auctioneer at www.heritageauctions.blogspot.com. DALLAS, TX — Collectors, consignors and the curious alike can now get the inside scoop on hot lots coming down the pipe at Heritage Auction Galleries, along with insight, interviews and commentary from Heritage Auction [...]

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