IRVINE, Calif. — Ponterio & Associates, Inc., the world and ancients auction division of Bowers and Merena Auctions, is thrilled to announce a very full auction schedule for 2010, which includes a trip to New York and three visits to Baltimore, Md. Things get off to an early start for Ponterio & Associates as an [...]
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Several numismatic news or coin blog articles are referenced on CoinNews two separate times a week. 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: Rare gold $20s glitter Steve Roach | Coin Values All that glitters is gold [...]
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In ironic fashion, a single penny will push US Mint collector gold coin prices higher.
The UHR Gold Double Eagle will increase by $50 to $1,489, the newly released 2009 Gold Buffalo Proof Coins will jump $50 to $1,410 and First Spouse Gold Coins will rise $25 to $729 for the proofs and to $716 for the uncirculated options.
The US Mint uses a London Fix weekly gold average to determine whether to keep gold coin prices the same, or adjust them up or down. An upward adjustment seemed unlikely as the several day average as of Tuesday was well below the $1100 threshold that would trigger them. However, the Wednesday AM London Fix came in higher by over a dozen dollars to $1114.75 an ounce, which was exactly enough to tip the balance.
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