"What’s In the News" with Bob Van Ryzin leads off the May 28th edition of Coin Chat Radio with news of the formal release ceremony of the John Tyler Presidential Coin at the Sherwood Forest Plantation once owned President Tyler. Ryzin also reminds listeners that the Smithsonian is premiering a numismatics exhibition called "Stories on [...]
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Silver continued its spectacular rise Friday, soaring another 45 cents in New York and scoring the best monthly gain in 22 years.
Silver futures for July closed to $15.61 an ounce, jumping 27 percent on the month for the biggest gain since April 1987. London spot silver ended at $15.52 an ounce earlier in the day, surging 64 cents.
"Extreme dollar weakness is adding to the momentum," Pradeep Unni, an analyst at Richcomm Global Services in Dubai, was quoted on Bloomberg. "Ascending oil prices, concerns of inflation and fears of massive U.S. debt have certainly been supporting" both gold and silver.
American Eagle Silver Bullion Coins experienced movement as well. Reports were abound earlier in the week on how authorized dealers for the U.S. Mint trimmed orders and left an inventory of bullion coins behind — a situation that had been unheard of since the Mint started rationing the coins and suspended production of the 2009 collector proof and uncirculated versions.
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The US Mint this week revived their Last Chance Sale, a practice which began last year to alleviate the Mint’s inventory of old coin products. The sale will last until June 30. This year the Mint has re-branded the sale, calling it the "Last Opportunity." A red button with the same name will now greet [...]
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May 28: 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 coin articles: Gold “Unites” found in cellar expected to sell for £50,000 Morton & Eden [...]
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VILLE DE SAGUENAY, QC — In the long-standing tradition of celebrating Canada’s natural and historical landmarks, the Royal Canadian Mint today unveiled a new collector coin featuring Quebec’s Notre-Dame-du-Saguenay. The coin combines a painted illustration of Quebec’s world-famous Saguenay Fjord with an engraved cameo of the 10.5-metre statue of Notre-Dame-du-Saguenay, which has watched over sailors [...]
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Lincoln Rail Splitter cents are still in demand, Braille Silver Dollar sales surge, Puerto Rico quarters are expired and UHR $20 gold coins continue mostly at their regular pace.
Repeating what most coin collectors already know, the Lincoln Rail Splitter cent went on sale Thursday, May 14. By Sunday, 200,055 of the two-roll sets were sold, equating to more than 20 million pennies. Flash forward more than a week to the lastest US Mint sales data… 22,771 more sets have sold for a total of 222,826. For background, read the CoinNews article from earlier this week entitled Lincoln Rail Splitter Sales “Normalizing”.
Two Braille Silver Dollars returned from their flight aboard space shuttle Atlantis on Sunday. During their orbital trip, sales of the coins experienced their own mini launch here on earth –although not to the 50,000 level the NFB wanted from the public. Still, 10,000 more Braille dollars were sold, which pushed the gas pedal down some. The proof jumped the most, rising a healthy 8.0 percent over the prior numbers. To date, 165,741 of the allotted 400,000 silver coins have been sold.
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A collectable pure silver coin set launched by The Perth Mint has revived all but forgotten decimal designs produced more than 40 years ago. The coins portray the captivating artistry of Andor Mészáros (1900-1972), a leading contender in the Federal Government’s decimal coin design competition held in 1966. The Melbourne-based sculptor and medallist proposed a [...]
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An acquisition fund managed by a committee of the ACCG will help small museums in England and Wales to retain local finds under the Treasure Act. A newly formed Ancient Coin Collectors Guild Museum Fund has been established to help provide funding to small museums in England and Wales that wish to purchase local finds [...]
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