April 2010

Rescue Dawn Good Morning, Gains in the euro to three-day highs did not manage to dissipate lingering concerns about the broader region’s debt problems and investors took refuge in the dollar as well as in gold despite rising hopes that a Greek bailout was very likely to see the light of day over the coming [...]

{ 0 comments }

Gold Buffalo Bullion Coin2010 $50 American Gold Buffalo bullion coins debuted to roaring sales of 48,500 on their first day of issue, according to the United States Mint.

The U.S. Mint on Tuesday told its authorized purchasers that the 24 karat gold coins would be released Thursday, April 29. Buyers were ready.

The one day sales represent 15.0% of all the bullion Buffalos sold in their inaugural 2006 year, 29.0% of those in 2007, 28.2% of 2008 and 24.3% of 2009.

Read the rest of this article »

{ 2 comments }

The Professional Numismatists Guild has suspended member-dealer Robert L. Higgins of Wilmington, Delaware for actions which PNG determined to be a breach of its Code of Ethics and conduct prejudicial to the organization, according to PNG Executive Director Robert Brueggeman.

{ 0 comments }

The uncirculated 2010 Boy Scouts of America Centennial Silver Dollar sold out on Monday, with anyone placing new orders asked to join a waiting list in the hopes of an older order getting canceled and theirs then stamped with an approval. That option has past. The United States Mint on Thursday afternoon removed the uncirculated [...]

{ 0 comments }

New York gold futures on Thursday retreated slightly from their near five-month highs, breaking away from a four-day winning streak as some profit-taking was in the air. Other metals, however, registered gains with silver soaring the most at 2.4 percent. Also on Thursday, crude oil rallied to above $85 a barrel — its highest point [...]

{ 0 comments }

Earlier this month, the Royal Canadian Mint marked spring’s arrival with a strong accent on nature in the launch of exciting new coins designed to appeal to the discerning collector and the budding coin enthusiast alike.

Royal Canadian Mint's 2010 Spring Collection

A number of popular series continue in this latest release of 2010, notably: the 1/25 oz. pure gold coin honoring the RCMP; the Birds of Canada 25-cent coin series celebrating the colorful Goldfinch; and the 99.999% pure gold Canadian Floral Emblems series featuring Manitoba’s Prairie Crocus.

Read the rest of this article ยป

{ 0 comments }

US Mint 2010-dated coins are the attention grabbers in the latest sales report, although the buying public has already spent most of their money on them which has pressured weekly demand. 2010 Boy Scouts Silver Dollars are among the youngest of the 2010 releases, but the end of their sales is approaching the quickest as [...]

{ 0 comments }

You’re Breaking Up Good Morning, Wednesday’s Fed’s announcement that it would not yet move on interest rates was about as much of a surprise to the news flows as was Sandra Bullock’s divorce filing. The afternoon markets greeted the decision with nary a twitch as all eyes remained focused on the dominoes that are apparently [...]

{ 0 comments }

New York gold futures advanced on Wednesday to their highest level of 2010 and marked a fourth straight day of gains. Gold was lifted Tuesday after Standard & Poor’s downgraded Greece’s and Portugal’s credit rating. On Wednesday, the yellow metal received another safe-haven boost after news broke of Spain’s credit rating cut by S&P’s. In [...]

{ 0 comments }

Pobjoy Mint is delighted to announce that on Tuesday, April 20, 2010, representatives of the Isle of Man Government and members of the Suzuki GB team, including the famous TT motorcyclist Bruce Anstey, visited the Mint to officially launch a 50 pence coin to commemorate 50 Years of Racing by Suzuki. Isle of Man 50 [...]

{ 2 comments }