Gold edged higher Thursday as a weakened U.S. dollar helped the yellow metal rebound from a two-month low reached on Wednesday. Silver and platinum climbed as well. U.S. stocks ended the day with modest gains.

In New York trading futures for bullion:

• Silver for September delivery rose 8.3 cents, or 0.6 percent, to 12.935 an ounce.

• Gold for August delivery climbed $6.90, or 0.8 percent, to $916.20 an ounce.

• October platinum gained $8.70, or 0.8 percent, to $1,110.50 an ounce.

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July 9: 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 History of the Lincoln Cent
Susan Headley | About.com: Coins

The Lincoln Cent might never have come to pass had it not been for a stubbornly persistent U.S. President by the name of Theodore Roosevelt, and the untimely death of a great sculptor. Roosevelt had an eye for art, and felt that America’s coins were quite uninspiring compared to those of European nations. His acquaintainship with renowned sculptor…

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On January 9th, 2010, George Frederick Kolbe/Fine Numismatic Books will offer for sale at public auction the remarkable numismatic library carefully assembled over seven decades by the New York numismatic firm founded by brothers Morton and Joseph and ably carried on by Norman, Benjamin, Harvey, Susan, and Lawrence Stack.

For over fifty years, the fabled American portion of the library has resided in antique bookcases lining one wall of Harvey Stack’s office, and along the opposite wall as well.

Other portions of the library were, for many years, located throughout the main floor of the firm’s New York City retail location at 123 West 57th Street and many of the great classic works on ancient and foreign coins and medals were carefully arranged on the second floor in the Coin Galleries offices. Read the rest of this entry »

Collectors had more on their minds than buying coins last week, the latest US Mint figures reveal. Sales were modest, held in check by diversionary summer travel and the celebration of an extended 4th of July holiday weekend.

As has been the case for several weeks, the Mint 2009 Proof Set led in sales. Another 101,409 were purchased on top of the last report, bringing the total sold to 785,821. It looks like the million figure will be breached by month’s end.

In other sales:

• Braille Silver Dollars, Lincoln Rail Splitter pennies, UHR $20 double eagles and Guam quarter figures retreated.
• On the bullion side of the equation, silver eagles sprinted past 14 million for the year, and gold eagles reached 682,500 on Monday.
• Silver coins and sets crawled ahead. Four of six silver Mint offerings were especially slow compared to the prior week.
• Inaugural Letitia Tyler First Spouse Gold Coin sales were solid given the recent series trend and their competition with the holiday weekend. Also, the no longer sold Louisa Adams proof coin jumped by 504 to 7,454. The uncirculated version was unchanged.

Here are the individual breakouts for many of the coins discussed above: Read the rest of this entry »