March 2010

Great(er) Expectations and The Unexpected Good Day, Boosted by a weaker dollar and generally rising commodities in the wake of the "Greek solution" that was cobbled together late last week, gold prices picked up additional steam overnight and climbed to just above the $1113.00 level per ounce. Last Friday’s S. Korean ship incident was not [...]

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Boy Scouts Commemorative Proof Dollar2010 Boy Scouts of America Centennial Silver Dollar sales are on fire with an already 200,000 purchased, United States Mint Director Ed Moy revealed early Saturday morning during the American Numismatic Association’s National Money Show™ in Fort Worth, Texas.

 

"The coin program has already been a great success," said Director Moy. "It went on sale this past Tuesday, March 23rd, and as of this morning, out of 350,000 that were available to sell, 200,000 have been sold."

 

The sales figures have smashed those of the 2010 Disabled American Veteran commemorative that have been on sale for longer, and have topped last year’s opening sales week of the extremely popular 2009 Abraham Lincoln Bicentennial commemorative which eventually sold out.

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The United States Mint today ceremoniously launched the 2010 Boy Scouts Commemorative Coins at the American Numismatic Association’s National Money Show in the Fort Worth Convention Center.   "The Boy Scouts of America Centennial Silver Dollar design combines the organization’s tradition and its evolution over the past century as a bastion of leadership, service and [...]

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Precious metals ended lower this week but losses were pared as prices rallied Friday following news of a Greece rescue plan which lifted the euro, pulling down the US dollar. Gold was helped further on worries over a South Korean naval vessel that sank near a disputed sea border with North Korea. The euro’s gain [...]

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Lincoln Cent - In God We TrustThe motto "In God We Trust" on United States coinage can remain, according to a recent opinion of the 9th U.S. Circuit Court of Appeals (http://www.ca9.uscourts.gov/).

The three-judge court panel ruled unanimously that the inscription could stay on both coins and currency, rejecting arguments saying the motto violates the separation of church and state.

Michael Newdow of Sacramento, California had brought about the suit calling the constitutionality of the motto on American coins into question on the basis that it violates the Establishment Clause of the First Amendment.

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Persko…WHAT? Good Day, Well, after weeks of wrangling and a near-derailment at the very last minute, we have an agreement on Greece…kinda/sorta. Last night’s cobbling together of a rescue package for Greece by the EU not ameliorates its short-term financial position but has resulted in the lifting of at least some the immediate selling pressures [...]

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The Minna Canth and Equality collector coin struck by The Mint of Finland was released into circulation on Minna Canth’s Day, the Day of Equality (March 19, 2010). Mint of Finland Minna Canth and Equality Silver Coin – Click to Enlarge The coin marks her achievements both within literature and as an influence in society. [...]

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Gold futures climbed in New York on Thursday as the U.S. dollar fell against the euro. The yellow metal rose 0.4 percent, silver climbed 0.6 percent and platinum jumped 1.2 percent. Crude oil finished lower for the second straight day while U.S. stocks ended flat and mixed. New York precious metal figures follow:

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(Fort Worth, Texas) — The Professional Coin Grading Service (PCGS) and Numismatic Guaranty Corporation (NGC), the rare coin market’s two leading grading services, have announced the addition of "plus" grades to their grading services. 1908-D Saint-Gaudens Double Eagle graded MS65+ and a 1909-S V.D.B. Lincoln cent graded MS66+ Red under the new PCGS Secure Plus [...]

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(Newport Beach, California) — The Certified Coin Exchange (CCE), the world’s largest online dealer-to-dealer network, has added sight unseen bidding and trading in "plus" (+) grade designated coins certified by Professional Coin Grading Service (PCGS) and Numismatic Guaranty Corporation (NGC). CLICK TO ENLARGE: A 1909-S V.D.B. Lincoln cent graded MS66+ Red under the new PCGS [...]

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