July 2009

(Las Vegas, Nevada) — The Professional Numismatists Guild (PNG) will conduct its second "PNG Dealer’s Deal" show in Las Vegas, Nevada on Tuesday and Wednesday, August 18 and 19, 2009.  The show again will be held at Wynn Las Vegas hotel and casino on "The Strip."   "Our first ‘Dealer’s Deal’ last December was very [...]

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American Samoa Quarters in bags and rolls went on sale Monday at noon ET and may be ordered directly from the United States Mint online store. The two-roll set offering includes 40 commemorative quarters minted in Philadelphia with the "P" mint mark and 40 coins from Denver with the "D" mint mark. The price is [...]

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Coin Chat Radio’s Bob Van Ryzin leads this week’s episode discussing the private sale of top-rated sets of Capped Busts and Seated Liberty Half Dimes. Legends Numismatics purchased the collections for $2.2 million and then sold the sets to an unnamed buyer for an undisclosed sum. A 1870-S half dime is the jewel in the [...]

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Precious metals prices were higher for the second straight week but no explosive breakouts were seen, although silver jumped nearly 5 percent in London and 3.6 percent in New York. As for gold, a weaker U.S. dollar and rising crude-oil prices helped support the yellow metal through most of the week. U.S. stocks finished mixed [...]

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UHR $20 Double Eagle Gold Coin2009 UHR $20 Gold Coins will become easier for collectors to buy Monday. Order limits increase from one per household to ten, the US Mint announced this week with the following message on its Web site.

 

Effective July 27, 2009 at 12:00 noon (ET): The United States Mint will adjust the household order limit on the 2009 Ultra High Relief Double Eagle Gold Coin from a limit of one (1) coin per household to ten (10) coins per household. The household order limit will be re-evaluated on a regular basis and the United States Mint will either extend, adjust or remove the limit as needed.

 

The gorgeous coin launched with great excitement on Jan. 22 and to exploding sales — despite the 1-coin limit and initial $1,189 price tag. 28,173 were purchased on day one, 40,727 by day four. The US Mint generated nearly $50 million in new sales during those first few days alone.

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The Government of South Georgia and the South Sandwich Islands has been alerted to the existence of a collection of nine metallic pieces depicting various UK places and which purport to be coins issued by this Administration.  The obverse of these apparently Bi-Metallic pieces carries an effigy of Her Majesty Queen Elizabeth II, the wording [...]

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Thursday was a day of multi-week highs for select commodities and stocks. Gold improved on Wednesday’s six-week high as the U.S. dollar gave ground and oil prices shot up to a three-week high. Silver and platinum advanced modestly. U.S. stocks rallied with the Dow moving above 9,000 to mark an eight-month high. In New York [...]

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July 23: 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: Oldest coin unearthed locally Pamela Owen | Newbury Today A THATCHAM metal detectorist [...]

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Pobjoy Mint is delighted to announce the release of a new coin from the Isle of Man which commemorates the 20th Anniversary of the Fall of the Berlin Wall, and includes a genuine, authenticated piece of the Berlin Wall itself. 2009 celebrates the Twentieth Anniversary of the Fall of the Berlin Wall and the Isle [...]

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US Mint Sales Figures ImageWhat a difference a week can make. Collectors partially awoke from a summer slumber and began to buy US coins.

Ultra High Relief $20 Gold coins surpassed 70,000, newly released 2009 Silver Proof Sets reached 271,372 in three days, American Eagle Silver bullion coins topped 15.8 million, and demand was higher for the remaining US Mint silver coins.

Aside from several straggling First Spouse Gold coins, the US Mint had a good week — at least better than the last. Even non silver 2009 Proof Sets emerged from a haze to rise 45,729 compared to the last reported 19,547. Tagging along were improved Lincoln Formative Years penny figures, jumping 5,179 from the prior 3,572.

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