March 2010

Executives of Professional Coin Grading Service will make their eagerly-anticipated announcement about a revolutionary new service on Thursday, March 25, 2010. [Editor's update: See article about unveiling: PCGS Announces PCGS Secure Plus™.] Frequently described in recent months as "The Big One" by PCGS Co-Founder and Collectors Universe President, David Hall, the revelation will be made [...]

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We Are Indebted To You. And You, To US Good Day, Gold prices started Monday’s trading session on a relatively steady note, with gold making a small, $1.30 advance on the tickers, and opening at $1135.70 per troy ounce. The weekend was rather bereft of major Greek-related news, save for the absence of any overt [...]

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Hellenistic period silver coins dating back to Alexander the Great were found near Najm Castle in northern Syria, the Syrian official news agency SANA said last week. The coins were unearthed three weeks ago by a local man about to build a new. Found in a bronze box were more than 250 coins, according to [...]

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WASHINGTON, D.C. — The new design for the $100 note will make its debut on April 21, 2010, during a ceremony at the Department of the Treasury’s Cash Room. The U.S. government redesigns currency in order to stay ahead of counterfeiters and protect the public. Decisions about the redesign of each denomination are guided by [...]

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American Silver Eagle Bullion coins blasted off in January and have already topped the 6 million sales mark through to the first week of March, according to the latest figures from the United States Mint. That, despite a delayed January 19 release of the 2010-dated Silver Eagles and a week prior sell out of the [...]

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Metals rallied this week with the euro and dollar swinging back and forward on various news items surrounding the management of Greece’s debt crisis. The currency volatility and tug of war action made gold a weekly winner. The yellow metal also took note of Friday’s better-than-expected jobs report from the U.S. Labor Department, which increased [...]

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In only a few short weeks, the United States Mint will start selling a commemorative coin which is sure to be a hit not only with traditional coin collectors, but also with many new-comers to the hobby. On March 23, 2010, the US Mint launches the 2010 Boy Scouts of America Centennial Silver Dollar.

2010 Boy Scouts of America Centennial Silver Dollars
2010 Boy Scouts of America Centennial Silver Dollars – Proof and Uncirculated Versions
(Click Image to Enlarge)

These coins, while standard in their composition and weight for a commemorative, are unique in the fact of their subject matter and the swarm of potential buyers they bring to the industry. It is estimated that almost 2.8 million youth members alone belong to the Boy Scouts of America (BSA). Add in the million plus adult members and the numbers approach 4 million active participants. And that does not take into account millions more who were a part of the organization in the past, who will eagerly race to buy one or more of the coins.

Read the rest of this numismatic news article »

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Upside-Down Views and Hot Pics From Down Under Good Day, Gold’s overnight range tightened a bit further, as risk aversion ahead of the US payroll data kept speculators largely sidelined. While the short squeeze in the euro appears to have run out of most of its steam, the dollar remained firm near 80.50 on the [...]

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The fifth major numismatic product to contain this year’s five America the Beautiful Quarters™ is the 2010 Silver Proof Set. It also includes the collector versions of this year’s nine other circulating coins, for a grand total of 14 coins. The set went on sale August 26, 2010, at noon Eastern Time. As the name [...]

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Gold prices declined nearly 1 percent and away from a six-week high on Thursday as the U.S. dollar rallied against the euro. Silver retreated by the same percentage while platinum edged higher. Crude oil fell as well after the dollar’s rise, but remained above $80 a barrel. U.S. stocks closed slightly higher, ending a volatile [...]

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