December 2009

New York gold futures rose Thursday to close out the year and record the ninth consecutive annual gain. A drop in the US dollar was cited as the catalyst in improving the yellow metal’s attraction. In other commodities, silver and platinum also climbed while crude oil finished higher for the seventh day and marked the [...]

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A free Apple iPhoneTM application is available at the Apple iTunes App Store for the new PCGS Photograde™ Online (http://www.pcgs.com/Photograde/). The app can also be used with the Apple iPod touch™. PCGS Photograde Online provides detailed close-up photo images for 25 types of 19th and 20th century U.S. coinage issues in up to 12 different [...]

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Dallas, TX – Heritage Auctions, the world’s leading numismatic auctioneer and the official auctioneer of the Florida United Numismatists (FUN) Show, will present fractional currency from The Cocoa Beach Collection at the 2010 FUN Show. A very rare and very high grade pink shield, Fr. 1383 Fractional Currency Shield, With Pink Background. Click image to [...]

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The United States Mint today will stop selling UHR coins at 3:00 PM ET. The high relief, 24 karat gold coins were released on Jan. 22 for $1,189.00. Then, gold prices were hovering around $860 an ounce. Today, gold is holding within the $1,100 range. As a result, the 2009 UHR will end with a [...]

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If the United States Mint was hoping for strong Christmas week sales from Santa, unfortunately, they were disappointed. For the third straight week figures show significant drops in volume almost across the board for collector coins. Only a few meager entries managed a positive change, but the overall results are not too rosy. Of course, [...]

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Professional Coin Grading Service (PCGS) has launched PCGS Photograde™ Online (www.PCGS.com/Photograde) as part of the recently revamped PCGS web site. An Apple iPhoneTM version also is available. Click image to sample PCGS Photograde™ Online Using high-resolution images from the extensive PCGS Grading Reference Set and other selected coins also archived with the acclaimed PCGS TrueView™ [...]

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New York gold futures on Wednesday declined for a second straight day as the US dollar continued to peak at a two-month high against the yen. Other metals followed, with silver falling the quickest at 1.8 percent and under $17 an ounce. Crude oil rallied to end higher for the sixth consecutive day, nearing $80 [...]

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The United States Mint today at noon ET released the 2009 Zachary Taylor $1 Coin Cover for $14.95. The release marks the fourth and final issue of the 2009 American Presidency $1 Coin Cover Series. It includes two Taylor dollar coins that were struck on the first day of production. One coin is from the [...]

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Good Day,  Further price weakness was on tap for gold as the last full trading session got underway this morning in New York. Following yesterday’s breach of the $1100 mark, the yellow metal encountered additional waves of year-end selling and sank to lows near $1087.50 overnight. Dollar strength, final book-squaring, and thin participation were cited [...]

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Around this time last year, I wrote that 2009 would be quite a year. As 2009 comes to an end, I know why I am not a prognosticator. With the down economy, the convergence of so many coin programs, and the performance questions of the US Mint it is difficult to call 2009 a successful year; yet it was not a failure.

2010 Lincoln One-Cent Coin Reverse DesignSome of the success of this year included the 2009 Ultra High Relief Gold Coin, the District of Columbia and US Territories Quarters, and the Lincoln Bicentennial One Cent program.

Although finding the cents and quarters have been difficult to find in change, these new coins had nice designs and was a chance for people to learn about Lincoln’s life and the history of our territories.

As the Lincoln Cent enters its 101st year of production, it will be given a new reverse. The Union Shield was selected as the symbol of a united country.

The shield is featured in many of the frescos painted by Constantino Brumidi throughout the US capitol. Brumidi was the Artist of the capitol during Abraham Lincoln’s presidency.

Read the rest of this numismatic news article »

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