May 2009

The 2009 World’s Fair of Money, August 5-9 in Los Angeles, has an array of educational offerings designed to meet a wide range of interests and expertise levels. Three preconvention seminars are led by prominent experts in the field; attendees can also take advantage of several free programs throughout the show. The following is a [...]

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Virginia Beach, VA. The graders at Dominion Grading Service were very excited to receive some high powered submissions lately, including five numismatic gold rarities. These rarities, and their final grades are: 1879 Flowing Hair $4 DGS Proof 62 (Altered Surfaces) 1795 $5 Small Eagle DGS AU50 (Altered Surfaces, Tooled) 1795 $10 DGS AU50 (Lightly Cleaned, [...]

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Precious metals marked gains Tuesday as the U.S. dollar weakened against other world currencies. An unexpected plunge in new construction of single-family homes and apartments was cited for helping gold, as well as limiting gains in crude-oil prices and a sluggish, mixed performance in U.S. stocks. In New York trading futures for bullion: Silver for [...]

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(Long Beach, California) — Award-winning numismatic author Scott Travers and veteran financial journalist Jim Kingsland will present a detailed, three-hour public educational forum about buying and selling gold on Saturday, May 30, 2009, during the Long Beach Coin, Stamp & Collectibles Expo in the Long Beach, California Convention Center, 100 S. Pine Ave., May 28 [...]

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2009 Lincoln Rail Splitter PennyBlazing past all expectations, collectors purchased more than 400,000 rolls of the 2009 Lincoln Rail Splitter cent in just four days, the latest United States Mint sales figures show.

The Mint launched the coin Thursday to an excited public. On the same day, two-roll sets — one roll of 50 coins for the United States Mint at Philadelphia and one roll of 50 coins for the United States Mint at Denver — went on sale for $8.95. Or, perhaps more clearly, for 8.95 cents per penny.

As of Sunday, the Mint said 200,055 of the two-roll sets have sold for a total of 400,110 rolls, adding up to more than 20 million pennies.

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Rare Nicholas I Rouble and a solid gold "Money Chain" highlight the offerings DALLAS, TX — International variety will be the name of the game at Heritage Auction Galleries Long Beach World Coin Auction, May 28-29 and 31, with an exceedingly rare 1770 Nuevo Reino Pillar Dollar anchoring the country and continent spanning collection.   [...]

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May 19: 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: The Scary “Dime Weevel” Tom LaMarre | Coins Magazine Two stories, both of [...]

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Hobbyists of all abilities can participate in the best educational program in numismatics by enrolling in a two-day class at the 41st annual American Numismatic Association Summer Seminar in Colorado Springs, June 27-July 3 and July 4-10. For the first time in its history, students may select from a menu of two-day classes, rather than [...]

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Gold cut away from a four-day rally on Monday as U.S. stocks and crude-oil surged. Silver fell also while platinum bucked the precious metals declines and climbed. In New York trading futures for bullion: Silver for July delivery fell 18 cents, or 1.3 percent, to $13.83 an ounce. Gold for June lost $9.60, or 1.0 [...]

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Coin Legislation on Capital BuildingThe U.S. House of Representatives on Thursday passed legislation to commemorate Medal of Honor recipients with silver and gold coins in 2011.

The Medal of Honor Commemorative Coin Act of 2009, H.R. 1209 would authorize the United States Mint to strike up to 500,000 $1 silver coins and 100,000 $5 gold coins in proof and uncirculated conditions.

 

"We owe everything to those who wore the uniform and committed extraordinary acts of bravery in defense of their colleagues and nation," said Rep. Christopher Carney who introduced H.R. 1209.

"This bill will not only recognize the outstanding achievements of these men and women, but the proceeds from the sale of the coins will go to educate people about the significance and exclusivity of the award," Carney added.

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