Precious metals climbed on Monday as gold moved above $920 an ounce following weakness in the U.S. dollar. Silver and platinum gained as well, but oil slid to stay below $60 a barrel. U.S. stocks rallied as major indexes marked gains of more than 2 percent. In New York trading futures for bullion: Silver for [...]
The US government increased the variety of banknotes but did not print as many in June compared to May, Bureau of Engraving and Printing (BEP) figures released Thursday show. In comparing the months, while the agency added $10s and $50s to its June production, quantities were limited on top of the fewer $1s, and $20s. [...]
2009 American Buffalo Gold Bullion coins will be produced this year, despite earlier reports to the contrary, a United States Mint public notice reveals.
Coin World broke the news in June, reporting that the US Mint would (at some future time) produce only the collector one-ounce, 24 karat Buffalo gold proof coin in 2009, and not the same-designed $50 bullion coin intended for investors.
However, an updated message appearing in the US Mint press room over the weekend reveals a new direction:
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The sample of the first "test" currency from the international project for a new virtual global currency, given the draft name, "United Future World Currency – Eurodollar," was presented as the exclusive gift to Heads of State and Government at the G8 Summit: Barack H. Obama, Dmitij Anatolyevich Medvedev, Gordon Brown, Nicolas Sarkozy, Angela Merkel, Silvio Berlusconi, Taro Aso, Stephen Harper, Josè Mauel Barroso, Fredrik Reinfeldt.

The final name and symbol for the new currency will be decided in a competition for children in 1000 schools throughout the world, organised by the Museo del Tempo.
The initiative began in Italy and enjoys the patronage of the Italian Prime Minister’s Office and the Italian Treasury. Although the initial aim is to unite the United States of America with the United States of Europe, it will also be open to other Countries.
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This week’s Coin Chat Radio has Numismatic News Editor Dave Harper’s interviewing the newly elected president of the American Numismatic Association, Cliff Mishler, an ANA member since 1956. Mishler described a cautious outlook towards future plans after he takes office the first week in August. He would like to see new programs carefully considered before [...]
Tumbling oil prices and a stronger U.S. dollar helped reduce gold’s appeal as the yellow metal, along with silver, fell for a second straight week. Platinum plunged for the fifth week. Oil dropped below $60 a barrel, recording the biggest weekly loss in six months. The Dow, S&P 500 and major European indexes closed lower [...]
The American Numismatic Association’s 2009 World’s Fair of Money® gives visitors the chance to see some of the world’s most beautiful and valuable coins, interact with top numismatists, and explore one of the country’s most exciting cities. The event will be held Aug. 5-9 at the Los Angeles Convention Center, and will feature more than [...]
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 [...]
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 [...]
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 [...]