September 2009

IRVINE, Calif. — Bowers and Merena Auctions, America’s leading rare coin and currency auction house, presented the Official Pre-show Auction of the Whitman Coin & Collectibles Philadelphia Expo on September 22, 2009. The two-session auction realized $2,520,460. "Philadelphia was a wonderful choice for this Whitman show and Bowers and Merena’s pre-show auction," said Steve Deeds, [...]

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Award-winning numismatic author, acclaimed researcher, well-known dealer, Q. David Bowers, chairman of Stack’s and numismatic director of Whitman Publishing LLC, visited FOX 29′s studio Thursday to talk about coin values and the Whitman Coin & Collectibles Philadelphia Expo. Bowers visits with Mike Jerrick, co-host of Good Day Philadelphia. They discuss several circulation finds and their [...]

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US Mint Sales Figures ImageDemand for gold coins and 2009 Proof Sets is turning out to be exceptionally high this September, US Mint sales data reveals.

The latest weekly sales figures also show collector coins were mixed compared to the week prior, with very narrow up or down changes. Several highlights follow:

  • For the third straight time, clad 2009 Proof Sets have outpaced their prior week sales. Collectors purchased another 42,077, which surpasses the previous weekly gains of 40.5K, 27.9K and then 18.4K. The reason for the surge? Perhaps the Fall US Mint coin catalog is reminding collectors to buy the popular annual offering. More than 1.1 million have sold.

  • Bullion American Gold Eagle coins are flying high compared to the last two months. More than 30,000 were scooped up per week this month. The new total is 92,500. That is already higher than figures from August or July.

  • Bullion Silver Eagles had their best week this month, surging 500,000. The month may turn out to be the slowest for the silver coins this year, but the 1.1 million already sold ranks it as the second best September ever (since ’86).

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Commemorating the 40th anniversary of a technological and historically significant event, The Perth Mint has released the First Man On The Moon 2009 Silver Proof ‘Orbital’ Coin. This coin is the fourth of five in a set of releases that are part of the Perth’s Orbit and Beyond series.

First Man On The Moon 2009 Silver Proof Orbital Coin

The innovative series capitalizes on the Perth’s abilities to create unique pieces. The Orbit and Beyond coins feature an outer ring design that really orbits around the colored image of Earth in the center.

In 1961, President John F. Kennedy issued the following challenge to his fellow Americans:

 

"… I believe that this nation should commit itself to achieving the goal, before this decade is out, of landing a man on the Moon and returning him safely to the Earth. No single space project in this period will be more impressive to mankind, or more important in the long-range exploration of space; and none will be so difficult or expensive to accomplish."

 

Following several years of amazing technological advancements…

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New York gold futures ended slightly lower on Wednesday, pressured by a rebounding US dollar and tumbling oil prices. Silver and platinum averaged a fall of about 1 percent, with the former declining 9 cents below $17 an ounce. US stocks retreated from their 1-year highs after the Federal Reserve said the economy has "picked [...]

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2009 marks 40 years since the introduction of the UK’s most distinctive circulation coin – the 50p piece. To mark this defining moment in British currency, The Royal Mint is proud to make available for the very first time a 16-coin silver Proof set celebrating the many commemorative designs to have graced the coin. The [...]

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Gold Corporation, which trades as The Perth Mint, achieved a record profit before tax of $38 million and capitalised on the favourable market conditions to deliver a dividend of $16 million and an income tax equivalent of $13.1 million to its sole shareholder, the Government of Western Australia. Gold Corporation is pleased to announce it [...]

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Precious metals advanced Tuesday with gold rising for the first time in four days following a weakened US dollar. Crude-oil benefited from the dollar’s retreat, also rising for the first day in four. US stocks rallied to close at 1-year highs. New York precious metals figures follow: Silver for December delivery rose 23.5 cents, or [...]

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To celebrate their new headquarters, the Reserve Bank of Vanuatu has released a set of coins illustrating their historic development into independent banking through the growth of the building itself. Vanuatu is an archipelago based in the South Pacific. It was first inhabited by Melanesian people but Europeans began to settle in the area in [...]

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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 coin articles: Three men are arrested in Kinnelon for alleged Canadian Maple Leaf gold coin scam Rohan [...]

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