July 2009

A weakened U.S. dollar, rising oil prices and forward charging U.S. stocks helped lift gold on Monday to a more than five-week high. The yellow metal reached higher than $955 an ounce before retreating slightly. Silver and platinum also gained. In New York trading futures for bullion: Silver for September delivery jumped 22.2 cents, or [...]

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Several 2008-dated Canadian coins will soon be pulled from the Royal Canadian Mint’s inventory and unavailable, the Mint told customers in an e-mail alert last week. The Mint has made assurances that there is ample coins available, but that collectors must purchase the following five coins before their "off sale date of July 22."

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A 1907 Rolled Edge Indian Eagle, a gorgeous and conditionally rare representative of this classic issue in the 20th century gold series, will be offered in Bowers and Merena’s Official Auction of the American Numismatic Association World’s Fair of Money® at the Los Angeles Convention Center and online, August 5-8, 2009, with lot viewing August 1- 8.

1907 Rolled Edge Indian Eagle

The auction will also spotlight one of the most important California Gold Rush-era coins produced in San Francisco, the unique Kellogg and Company specimen $20 territorial gold piece personally owned by former U.S. Assayer Augustus Humbert.

Listed in the auction catalog as 1907 Judd-1903 (Judd-1775), Pollock-1997, Rarity-5, Rolled Edge, it is described as "a bright, satiny piece" with a strike that is "characteristic of the issue, meaning that it is bold-to-sharp elsewhere yet noticeably soft in the center of the obverse." The example boasts a Condition Census MS-67 Grade from NGC with a combined PCGS and NGC Population of just 6, 0 finer.

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Top of the line-up on this week’s Coin Chat Radio is Bob Van Ryzin’s "What’s In the News." Ryzin informs us that the US Mint has postponed the release of the Mint Uncirculated Coin Sets to an undetermined date. They were due to be available in mid July, but problems with toning on the new [...]

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Precious metal prices were pushed higher this week, with gold helped by oil prices marking their first weekly gain in a month and a U.S. dollar that was sporadic at times. In notable news for metals, platinum broke a five-week losing streak. Although U.S. stocks closed mixed on Friday, they ended with the biggest weekly [...]

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(Lincroft, New Jersey) — The top-rated sets of Capped Bust and Liberty Seated half dimes in the PCGS Set RegistrySM have been sold in a multi-million dollar private sale by Legend Numismatics of Lincroft, New Jersey (www.LegendCoin.com). The 93 coins include many of the finest known examples and the unique 1870-S half dime that was [...]

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2009 Silver Proof SetThe US Mint on Friday launched the 18-coin 2009 Silver Proof Set for $52.95. The annual set is a favorite with collectors, highlighted by the no longer available 2008 Silver Proof Set with sales of 774,874 as of Sunday.

The 2009 set is actually $8 more than last year’s offering, but it also includes an additional silver quarter and four bicentennial 2009 Lincoln cents specially struck in 95% copper, 3% zinc and 2% tin — the same alloy used in the original 1909 penny.

Similar to the fast-selling 2009 clad proof set that was issued by the Mint in June, the silver set contains collector proof versions of circulating 2009 coinage. All coins bear the "S" mint mark denoting they were minted at the United States Mint in San Francisco. Additionally, the dime, half-dollar, and six quarters are struck in lustrous 90 percent silver. The set has an intrinsic silver value of $19.99 at Friday’s silver spot price of $13.16 an ounce.

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Four current coin products will be added to the United States Mint Online Subscription Program on Thursday, July 23, the US Mint announced earlier this week in a press statement. The program works similar to a magazine subscription and, in fact, is described that way.   "Sign up once and we will send your chosen [...]

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Gold inched slightly lower Thursday, breaking a three-day winning streak as the U.S. dollar rebounded from earlier declines. Silver and platinum posted modest gains. Outside the metals, crude-oil rallied late to end above $62 a barrel while U.S. stocks continued to march higher. In New York trading futures for bullion: Silver for September delivery rose [...]

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American Numismatic Association Past President Kenneth Bressett and former ANA authentication expert Mary Sauvain each were presented the Honorary Degree of Doctor of Numismatics at the ANA’s 41st annual Summer Seminar. The doctorates were given to recognize longtime dedication to Summer Seminar as instructors. Kenneth Bressett began teaching at Summer Seminar in 1974, and is [...]

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