Classics of American coinage ready for Heritage’s final Signature® Numismatic Auction of the year in Houston on Dec. 3 DALLAS, TX — A rare and highly desirable branch mint proof 1884-CC Morgan dollar, graded PR66 Cameo by NGC, leads the list of highlights for Heritage Auctions’ December 2009 Signature® U.S. Coin Auction, to be held [...]
For the first time in Big Ben’s 150 year history, a new £5 Crown, from the Royal Mint is being used to help London’s iconic clock keep time. The 2009 Big Ben £5 Crown was today placed inside the movement of the Great Clock and will play an essential role in maintaining its famous accuracy. [...]
New York gold futures on Thursday broke away from an eight day winning streak, falling for the first time in November. The yellow metal retreated from a new all-time high that was reached earlier in the morning after the US dollar rebounded from a 15-month low. Platinum and silver also declined, as did crude oil. [...]
The US Mint today pulled away the drapes and revealed the new 2010 Lincoln Cent reverse design. The 2010 penny is a continuation of sorts of the themed 2009 designs, which reflect four distinct phases of Lincoln’s life: his birth in Kentucky, his formative years in Indiana, his professional life in Illinois, and his presidency in Washington, D.C.
The 2010 cent theme is "emblematic of President Lincoln’s preservation of the United States of America as a single and united country," and was outlined in authorizing Public Law 109-145.
While this year’s cents were issued to celebrate the bicentennial birth of Abraham Lincoln and are minted for 2009 only, next year’s penny design has no specific end date. It could be seen by generations yet to come. Congress would have to marshal through new legislation for ANY change to occur.
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At the Ulysses S. Grant Memorial located below the west front of the U.S. Capitol Building, the US Mint today launched the last 2009 Lincoln Cent. Known as the ‘Presidency Life in Washington, DC‘ penny, the release brings to a close a year of four redesigned coins which have excited the public and awakened new [...]
Gold coins are again the major talking points coming out of the latest US Mint sales data. Buffalo gold proof numbers are less spectacular than those from last week’s report. But they are far from shabby and a retreat from the earlier blazing sales was to be expected.
Standing out also were Ultra High Reliefs, bullion Eagles, Braille dollars and the Mint’s traditional annual sets. All improved over the prior week. Our bullet point analysis follows:
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In less than two weeks, collector 2009 Buffalo Gold Proof Coins surpassed the 2008 sales figures of 25,896. Another 8,487 were added, raising the total to 27,955. In the same family, the sister bullion versions are now at 132,000 for an increase of 15,500 in the last seven days. They are 40,000 shy of topping the same sized 2008-dated sales.
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American Silver Eagles climbed 850,00 during the same seven-day period, which was 151K better than the last. American Gold Eagles spurred ahead 30,000 — more than double the prior figure. November is historically one of the better months of the year for bullion coins.
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UHR $20 Double Eagles advanced for a second week. Weekly numbers came in at 1,453 for a year-to-date tally of 103,764. Last week’s report showed a pick up of 1,045 while the week prior was a lowly 562.
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Gold futures soared to a fresh record high in New York on Wednesday, marking an eighth day of consecutive gains. Prices neared $1,120 an ounce with reports citing increased interest in the yellow metal by central banks and speculation the US dollar would weaken further over time. Silver and platinum enjoyed positive gains following losses [...]
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 [...]
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 [...]
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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