US gold futures stepped nearly $3 lower on Thursday, breaking a four-day winning streak and dropping the most in a week. A rising greenback, concerns over potential interest rate hikes and profit taking were all cited as catalysts in luring investors away from the yellow metal. Crude oil also dipped, snapping ten-days of straight gains. [...]
At the end of December 2009, the Police Service of Northern Ireland issued advice to the public following reports that a number of counterfeit £1 coins had been detected in circulation across Northern Ireland. The Royal Mint supports this advice and is seeking to correct an inaccuracy that has been reported in the Northern Irish [...]
Several numismatic news or coin blog articles are referenced on CoinNews about once 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: Five Reasons Why You Should Own Silver Coins Dr. Jeffrey Lewis | SilverSeek.com There are [...]
Sales of collector coins from the United States Mint appear to have stopped their three week slide, but not by much. According to their latest report, no new drastic drops are apparent. Unfortunately, also equally missing from that data are significant gains.
While not huge in numbers, the First Spouse Gold Coins saw almost across the board improvement, not that this was hard to do after the previous week’s disappointing sales.
Leading the pack was the Margaret Taylor First Spouse Proofs with a 110 unit increase. The only spouse to show a set back was the Letitia Tyler Uncirculated Coin, declining 11 from the week prior to 9 new sold. You may recall that each of these coins are struck from 1/2 ounce, 24-karat gold. That sets their price points of $729 for the proofs and $716 for the uncirculated coins, which is steep for most casual collectors.
2009-dated American Silver Eagle bullion coins are showing consistent demand with 131,000 sold so far in the month of January. Gold Bullion Eagles came in at 6,000. As a reminder, the 2010-dated versions will not be offered by the US Mint until January 19.
A few other striking items from the weekly sales report:
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Gold rose for a fourth straight session in New York on Wednesday as a weakened US dollar came into the picture, pulling investors toward commodities. Silver was biggest metal gainer, rising 2.1 percent and topping $18 an ounce for the first time this year. Platinum climbed 1.3 percent. In other markets, crude oil finished up [...]
2,773,500 American Silver Eagle Bullion Coins were sold during the final weeks in 2009, according to the latest United States Mint sales data. Last month ranked as the second best December ever for the silver coin series that was introduced in 1986. It was the fourth best month in 2009 — a year that saw [...]
2009 was a banner year for anyone interested in the 16th President of the United States, and especially for those who collect coins. The four newly designed 2009 Lincoln Cents and the two Bicentennial Lincoln Silver Dollars were huge hits. 2010 promises to be exciting as well for collectors with the new 2010 Lincoln cent [...]
Good Day, Gold buyers were out in decent numbers in Asia overnight, and the yellow metal eventually built upon its small opening gains, to reach $1127 an ounce. Bullion continued to see support just under $1120 per ounce and dip-buying remained the theme as the week tipped into its second half. The 7% drop in [...]
The Royal Australian Mint on January 1, 2010, revealed new $1 coins celebrating a century of Australian coinage. Marking the unique anniversary is a historic reverse design featuring four heads for the very first time.

Four headed Royal Australian Mint $1 Coins – CLICK TO ENLARGE
Portrayed are the monarchs that have appeared on Australian coins during the past one hundred years — King Edward VII (1901-1910), King George V (1910-1936), King George VI (1936-1952) and Queen Elizabeth II (1952-present).
"This commemoration is a significant milestone in Australia’s history," said Royal Australian Mint Acting Chief Executive Officer Graham Smith. "Along with the new Government and Constitution, the change in 1910, from the British monetary system to our own, heralded the unity and budding independence of our young nation. And this is what we are celebrating in 2010."
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New York gold futures advanced modestly on Tuesday as a seesawing US dollar eventually tilted stronger toward the end of the trading day, curbing the yellow metal’s appeal and cutting into its earlier gains. Silver shined the brightest, jumping 1.9 percent. Platinum rose 0.9 percent. In other markets, crude oil advanced for the ninth consecutive [...]