December 2009

1995 saw the release of Pobjoy Mint’s very first Silver Angel coin which depicted a classical image of Saint Michael and 2010 is the 15th Anniversary of this special Isle of Man coin. To commemorate this occasion, the Isle of Man Treasury is releasing a Proof 999. 1oz Silver High Relief Angel. CLICK TO ENLARGE: [...]

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New York gold futures declined slightly on Tuesday despite a government report showing soaring wholesale inflation in November. Gold tends to rise with inflation, as it is often purchased as a hedge against it. The yellow metal did tick higher for a time, but it was pulled down due to a stronger US dollar. In [...]

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Gold prices have been declining for most of December, currently hovering at the $1,120 an ounce level as compared to the all-time highs that were seen very early in the month of around $1,200 an ounce. The yellow metal’s retreat is bearish for bullion investors but fortunate for collectors wanting to purchase US Mint numismatic [...]

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Records stand ready to fall in Manhattan as Heritage readies deepest international coin rarities line-up to date for Jan. 3-4 auction NEW YORK — The single most substantial collection of Canadian Coins ever offered at public auction, accompanied by what is almost certainly the most famous South American coin of all time, will headline Heritage [...]

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The United States Mint is once again promoting its Direct Ship Program for the 2009 Native American $1 coins. These had been removed from the program several weeks ago, with an assumption by most that the 2010-dated $1 coins would be added in January. Under the program, the US Mint offers boxes of ten 25-coin [...]

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DALLAS, TX — Heritage Auctions has announced the launch of a mobile version of its award-winning Website, www.HA.com. Collectors now have the opportunity to search for, view and bid on any lot in any current Heritage auction from most any mobile device with a web browser from anywhere in the world where there’s Web service. [...]

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A. H. Baldwin & Sons Ltd are delighted to announce that they have been chosen to auction the extensive collection of Renaissance and later medals formed by the New York connoisseur and fine art collector, Michael Hall. The Michael Hall collection comprises in excess of 2000 items, making it by far the largest sale of [...]

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How MUCH Gold? Dollars And Tonnes Good Day, A near-1% recovery was seen in gold prices overnight and early on Monday, and it was mainly precipitated by news the Abu Dhabi was handing out about $10 billion in financing to Dubai. A rescue package by any other name, the gesture ignited a bit of risk [...]

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Coin Legislation on Capital BuildingCongressman Ron Paul [R-TX] on Wednesday introduced legislation that would, if signed into law, end taxes on coins and bullion and repeal legal tender laws. The bill’s lofty goal is to reintroduce a system of competing currencies.

 

"At this country’s founding, there was no government controlled national currency. While the Constitution established the Congressional power of minting coins, it was not until 1792 that the US Mint was formally established," Rep. Ron Paul said.

"In the meantime, Americans made do with foreign silver and gold coins. Even after the Mint’s operations got underway, foreign coins continued to circulate within the United States, and did so for several decades.

 

H.R. 4248, or the Free Competition in Currency Act of 2009, includes several measures to end government controlled currency. One is to repeal Section 5103 of Title 31 of the United States Code which includes legal tender language that, according to Ron Paul, should not exist.

Read the rest of this numismatic news article »

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The Dec. 10, 2009 episode of Coin Chat Radio begins with Bob Van Ryzin and "What’s In The News." Ryzin’s topic of the day is the release of the 2009 American Eagle One Ounce Platinum Proof Coin. The Eagle is struck at the Mint’s facility at West Point and was limited to a mintage of [...]

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