May 2009

Adams-Carter 1804 Class III $1 brings $2.3 million; post-auctions totals continue to climb DALLAS, TX – At the end Heritage Auction Galleries’ Central States Numismatic Society Convention Platinum Night Auction on Thursday, April 30, the Adams-Carter specimen of the Class III AU 58 PCGS 1804 silver dollar lived up to its billing as "The King [...]

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Gold ended higher Tuesday, although the yellow metal gave away much of its earlier gains later in the day. Silver and platinum moved ahead more firmly. For the first day in five, oil futures fell. U.S. stocks also ended lower following the previous day’s rally. In New York trading futures for bullion on Thursday: Silver [...]

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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: Mr. Morgan’s Dollar R.W. Julian | Coins Magazine In the early 1950s, unlike today, the Morgan [...]

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Coin production chart collageThe US Mint has updated coin production figures through to April 2009, and the data indicates a further slide for circulating change.

Rather than offer a hodge-podge of numbers that make it difficult to see and compare mintage levels for modern coinage, the included charts visually show trends for a quick analysis.

The US Mint has already said fewer coins will be struck this year. Had the Mint remained silent, it would still be a simple deduction to realize that 2009-dated pennies, nickels, dimes and quarters should be much, much scarcer.

Read the rest of this numismatic news article »

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Precious metals kicked back into high gear Monday as the U.S. dollar dropped against other world currencies. Silver soared above $13 an ounce, gold climbed back on top of $900, and platinum jumped over $1,100. In other markets, crude-oil closed to a more than five month high while U.S. stocks also surged to multi-month highs. [...]

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2009 American Eagle Gold Bullion Coin sales are off to the quickest start in ten years and have recorded the third best performance since the series began in late 1986, according to the latest United States Mint coin sales statistics.

Eagle Gold Bullion Coin Sales Total, Jan-Apr (1986-2009)

American Eagle Gold Bullion Coin Sales Total, January-April (1986-2009)

From January through April, the US Mint has sold 489,500 eagle gold coins to its authorized dealers. That trails only behind the Y2K explosion of safe haven buying of bullion in 1999, and then the inaugural leading months in 1987 after the coins were first introduced.

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Bob Van Ryzin starts the April 30th episode of Coin Chat Radio with a brief news report on the upcoming May 14th release of two-roll sets containing the new Lincoln cents. One roll is from the Mint in Philadelphia and one from the Mint in Denver. These rolls will contain the second design in the [...]

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Precious metals moved lower this week. London gold lost 2.5 percent, silver fell 4.9 percent, and platinum plummeted 8.4 percent. Crude-oil rallied to its highest close since the end of March, pushing above $53 a barrel. The blue-chip Dow and the S&P returned to positive territory after breaking away from a prior a six-week winning [...]

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IRVINE, Calif. – Bowers and Merena Auctions, America’s leading rare coin and currency auction house, is reopening its direct buying and selling division under the name Bowers and Merena Rare Coin Galleries. Bowers and Merena Auctions, a Spectrum Numismatics International company, has acquired sister company North American Certified Trading (NACT) and will now offer expanded [...]

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Newly introduced legislation seeks to commemorate the 1863 invasion of Pennsylvania, the Battle of Gettysburg, and Abraham Lincoln’s Gettysburg Address with proof and uncirculated 50-cent clad, $1 silver and $5 gold coins. Rep. Todd Platts of Pennsylvania and Rep. Steve Israel of New York introduced on Monday the 1863 Gettysburg Campaign Act, H.R. 2123, which [...]

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