Daily Archives: October 28, 2009
Spectrum Numismatics International, Inc. Names New Senior Numismatist
IRVINE, Calif. – Spectrum Numismatics International, Inc., one of the world's largest rare coin and currency dealers, announced today that it has hired Richard...
Gold Continues Decline for Day Five, Stocks Tumble
Gold ended slightly lower Wednesday, marking the fifth consecutive day the yellow metal has declined. Again cited as the catalyst for...
Heritage Auctions Realizes $8.7 Million in Dallas U.S. Coin Auction
1879 Flowing Hair stella leads the way with $161,000; strong prices signal optimism in the market
DALLAS, TX -- With a sell-through...
US Mint Bullion Gold Buffalo Coins Top 110K
The United States Mint has sold 110,500 one-ounce American Buffalo $50 Gold Bullion Coins since they were released on Thursday, Oct. 15, 2009.
To place that in perspective, in less than two weeks bullion dealers have purchased 64.2 percent of the total (172,000) that was sold in all of 2008.
There appeared to a touch of dry spell in sales for several days. The US Mint generally updates bullion figures daily. The Gold Buffalos remained at 86,000 from last Wednesday morning until Tuesday morning when the tally jumped to 106,500. By close of business Tuesday, numbers were at 110,500.
The Mint will begin selling the collector proof Buffalo coins this Thursday at noon ET. Demand is expected to be fierce. No order limits are in place.