May 2010

The Yellowstone National Park Quarter, the second of fifty-six coins in the America the Beautiful Quarters™ Program, launches this week.         Yellowstone National Park, located primarily in the state of Wyoming, has the distinction of being named the first national park in the U.S. when it was so designated on March 1, [...]

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The commemorative series in gold "Celebrated Physicians of Austria" concludes with a coin for the renowned Viennese doctor, Clemens von Pirquet (1874-1929). Austria 2010 50€ Clemens von Pirquet Gold Proof Coin (Click image to enlarge) Clemens von Pirquet was born in 1874 just outside Vienna. His father had been a member of the imperial parliament, [...]

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IRVINE, Calif. — Bowers and Merena Auctions, America’s leading rare coin and currency auction house, will again present the Official Auction of the June 2010 Whitman Coin & Collectibles Baltimore Expo. Two Banknotes in the Hundreds of Currency Lots Featured in Bowers and Merena Baltimore Auction (Large Note Images Below) More than 200 impressive currency [...]

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Euro zone debt turmoil worries were a market fixture during all of May, which tended to lift gold but pressure industrial precious metals, oil and stocks. The final week of the month saw some stabilization. Commodities rose as a group as did world stocks, with the exception of the Dow which retreated 0.56 percent. For [...]

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Professional Coin Grading Service (www.PCGS.com) today revealed additional steps it is taking to improve its ability to detect altered coins.

Doctored Standing Liberty quarter coin
This detail image of a "doctored" Standing Liberty quarter shows the decomposition of soft metal that was applied to the coin and shaped, apparently with a jeweler’s engraving tool, to simulate a "Full Head." (Photo courtesy of PCGS.)

PCGS announced that it has a process in development which will detect any foreign substance on a coin’s surface, and also announced a major lawsuit filed against alleged coin doctors.

According to PCGS officials, in conjunction with the development of coin recognition technology launched in March of this year, PCGS has been developing a process to detect foreign materials and other enhancements to a coin’s surfaces.

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The United States Mint on Thursday officially announced when the 2010 $50 American Buffalo Gold Proof Coin would launch. 2010 $50 American Buffalo Gold Proof Coin – Obverse and Reverse (Click to Enlarge) While a price point for the coin is not yet available, the U.S. Mint said in a press statement that the 24-karat [...]

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The Royal Canadian Mint is honoured to have received a Certificate of Appreciation from the IAU in recognition of our "commitment and outstanding contribution to the success of the International Year of Astronomy in Canada." In July 2009, the Mint was proud to add its own $30 sterling silver International Year of Astronomy coin to [...]

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Some Like It Cold Good Morning, Global markets extended Thursday’s bounce into Friday as gains in the euro provided a catalyst for risk appetite. The common currency built on yesterday’s gains and climbed above the 1.24 mark this morning, still drawing strength from China’s overt commitment to eurozone assets as regards its reserves. The market [...]

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Gold ended slightly lower on Thursday, marking the first decline in four days. More risk-taking and a rising euro were credited with pressuring precious metal demand, although silver, platinum and palladium posted attractive gains. News of China’s denial that it was reviewing its investments in European bonds was cited at a catalyst in prompting rallies [...]

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2010 America the Beautiful Quarters Silver Proof SetThe United States Mint today at noon Eastern Time released the 2010 United States Mint America the Beautiful Quarters Silver Proof Set™ for $32.95.

The offering is the first to include America the Beautiful Quarters that are struck in 90 percent silver, which is a reason the set is priced substantially higher than the clad quarters version that launched on May 13, 2010 for $14.95.

In fact, the silver set’s five proof coins are composed of 0.904 ounces of silver. At the current silver spot of $18.47 an ounce, their intrinsic value alone is presently worth $16.70.

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