(Santa Ana, California) — Professional Coin Grading Service (PCGS), a division of Collectors Universe, Inc. (NASADQ: CLCT), announces the unveiling of a completely new version of its popular web site, www.pcgs.com. With 3 million page views each month, PCGS.com is one of the most-visited web sites in the entire numismatic field. The new site [...]
New York gold futures on Thursday reached another record for the third straight day, although the yellow metal later stepped back from the all-time high to close just above $1,218 an ounce for a 0.4 percent gain. Other commodities did not fair as well with a fluctuating US dollar playing into the mix. Silver, platinum [...]
Fractional 2009 American Eagle Gold Bullion Coins were released today and initial reports by the US Mint show they are on fire, with sales already approaching totals from all of 2008.
Spurring demand are bullish gold prices. The yellow metal was driven to another record of $1,227.50 an ounce in New York on Thursday, marking a third straight day of all-time highs. Gold has now closed at a fresh high for the 20th trading day since Nov., and is up 38 percent this year.
Last week’s US Mint suspension of the one-ounce size due to "strong demand" and a "depleted" inventory also helped the fractionals.
As announced in early Oct., the US Mint released the Eagle Gold Bullion Coins in one-half ounce, one-quarter ounce, and one-tenth ounce weights. Together, the Mint sold 345,000 coins to its authorized purchasers for a total of 58,000 ounces of gold. That, without a single one-ounce size leaving Mint doors.
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A five-medal set of the 1 5/16" 2009 First Spouse Bronze Medals has been released by the US Mint today. The set became available at 12 Noon ET and contains bronzes that bear the likeness of the First Spouse Gold coins which were released throughout 2009. (Margaret Taylor First Spouse Gold Coins were issued today [...]
This Is A Test. This Is Only A Test Good Day, Gold and other related precious metals markets appeared a bit winded following their overnight run to a new record (in gold at least, to $1222.70 basis spot offer) and retreated a bit within the first half-hour of NY-based trading on Thursday. Gold spot prices [...]
The newest US Mint sales report is reminiscent of last week’s, with few notables outside of bullion coins. Collectors were more stingy in their spending, or perhaps they simply stepped away from the buying table during the Thanksgiving holiday week.
In a change from the prior report that showed most US Mint coin sets had better than normal gains, only three stood out in this round — the 2009 DC & US Territories Quarters Set, the 2008 Annual Uncirculated Dollar Coin Set and the 2009 US Mint Uncirculated Set.
The 2009 Mint Set screamed the loudest, marking a two-week winning streak. Sales dramatically popped above 600,000 thanks to a huge weekly jump of 28,613 — more than 9,000 above the previous increase.
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New York gold futures on Wednesday hit another fresh record and for a second straight day despite the appearance of a stronger US dollar. Investment demand was the common reported reason for the yellow metal’s rise. Platinum and silver advanced as well while crude oil fell for the first time in three days. US stocks [...]
Despite their late Oct. 15 release date, 2009 American Gold Buffalo Bullion Coin sales have already topped those from 2008 and 2007.
The latest US Mint figures have the 2009-dated coins at 189,000. By comparison, the Mint has said 172,000 were sold in all of 2008 while 167,500 were purchased in 2007. The inaugural Buffalo 2006 launch year would appear to remain safe as the best ever — at least for now — with its 323,000 total.
The pace has cooled compared to opening sales when 71,500 went during the first five days. However, the amount sold in either October or November is greater than any single month in 2008 or 2007, which highlights the demand for the one ounce, 24 karat gold coins.
With new record gold prices and the recent Mint suspension of the bullion 2009 American Gold Eagle Coins, demand for the Buffalos should only increase. Gold prices hit a fresh high of $1,217.30 an ounce in early Wednesday trading, surpassing the previous record that was just set on Tuesday. The yellow metal is up 37 percent this year.
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With Margaret Taylor First Spouse Coins launching Thursday, Dec. 3, at noon ET, the US Mint will stop selling Van Buren’s Liberty gold coins, making Wednesday the final full day of sales. Van Buren gold proof and uncirculated coins went on sale Nov. 25, 2008, for the respective prices of $549.95 and $524.95. With the [...]
Double Bubble Trouble Good Day, Wednesday’s opening market action looked like an instant replay of the last three weeks’ worth of "the trade." Put on your blue coat, pin your trading badge on, go sell USD, buy gold, oil, stocks, and whatever else you can get your hands on. Hey, buddy? It’s that easy? "Oh [...]