Gold futures on Tuesday declined for the first time in four sessions as the US dollar pushed higher, hitting a two-month high against the yen. Silver and platinum retreated as well, with the former falling 2.6 percent. In other markets, crude oil rose slightly while US stocks slipped for the first time in seven days. [...]
The America the Beautiful Quarters Program kicks off a new 11-year series of commemorative coins beginning in 2010. With the US Mint’s preliminary 2010 schedule now available and by reviewing already published offerings from its subscription service, tentative information on many of the new 2010 quarter products and their prices is available for review.
Similar to the 50 States Quarters Program and the 2009 D.C. & U.S. Territories Quarters Program, the new series features five different annual quarter designs.
These themes, with 2010 design candidates already completed and evaluated by the United States Commission of Fine Arts (CFA) and the Citizens Coinage Advisory Committee (CCAC), honor national parks and national sites. Featured in 2010, and in the order they will be issued are the:
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2009 Fractional American Gold Eagle bullion coins are in the history books with leading sales figures, despite their late launch and quick sell out.
Having only been released on Dec. 3, 2009, the coins in the fractional sizes of one-half ounce, one-quarter ounce, and one-tenth ounce weights recorded smashing release day sales — 345,000 were sold for a total of 58,000 ounces of gold.
On the very next day, the United States Mint announced that the supply of the smallest size was depleted, and that the other two sizes were nearly exhausted. It offered the remaining bullion coins in an allocated process, and then suspended sales until the final 2009 inventory was produced from available in house blank supplies.
The Mint started reselling these on Monday, Dec. 14. In just over a week, the mintages of the 1/2 oz and the 1/4 oz weights nearly doubled. All the fractional coins completely sold out. The final sales figures follow:
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DALLAS, TX — Heritage Auctions, the official auctioneer of the Florida United Numismatists (FUN) Show, will conduct a 4800+ lot Currency Signature Auction, Jan. 7-11, 2010 at the Orange County Convention Center, 9400 Universal Blvd., Orlando, FL. Never before offered Richmond Fr. 2211-E* $1000 1934 Federal Reserve Note. PMG About Uncirculated 55. Click image to visit [...]
A U.S. District Judge filed an order on Tuesday, Dec. 22, backing a magistrate court’s decision that a salvage reportedly worth around $500 million should be returned to Spain. The Magistrate’s decision occurred back in June and recommended the return of over 500,000 silver and gold Colonial era coins to Spain. That decision was brought [...]
Ursus Versus Taurus Good Day, Gold prices continued to advance on Monday, amid various market closures (Boxing Day UK/Canada, India closed and thin trading. The metal rose nearer to $1110 per ounce as the US dollar gave up a bit of previously gained ground (the euro, for examples, managed to climb to just above 1.44 [...]
"What’s In the News" with Bob Van Ryzin starts off the December 24th episode of Coin Chat Radio with details about the intense demand and availability of the 2009 American Eagle Gold bullion coins. Ryzin points out the sell-out of the 1/10 ounce size Eagles that occurred on December 14th bringing their total sales numbers [...]
Gold and silver prices moved narrowly in both New York and London during the holiday-shortened week. Platinum, however, soared following news that the SEC approved a proposed rule change to list and trade ETF Securities Platinum and Palladium Trusts. In other markets, crude oil pushed above $78 a barrel for the first time in three [...]
‘Tis The Season To…Do Tally Good Day, ‘Twas the Day before Christmas and all over the floor, Not a trader was stirring – they all headed out the door. The price tickers however, continued to…tick, As the squaring of the books became everyone’s pick. Two days after hitting seven-week lows near $1072, gold prices were [...]
If last week’s US Mint coin sales report could be considered lackluster, the most recent figures for this week do nothing but continue that trend. Fortunately, a few entries did show some movement, even if that movement could not be called extraordinary. Gold coins appear to have led the pack with decent demand. Most likely [...]