Germany Bombs Naked Ambitions Good Morning, Wild-and-woolly does not begin to describe the action in the markets following yesterday afternoon’s announcement that Germany would no longer tolerate nudity, certainly not among the short-sellers of euro-flavored assets such as bonds and bank shares. Stocks and commodities took a severe hit after the ban was announced, and, [...]
New York gold futures ended lower on Tuesday, after rising slightly to start the week and hitting all-time price highs last week. A rising dollar, increased risk appetite and profit-taking were among the factors cited in gold’s retreat. Silver and other industrial metals rallied, however, following sharp Monday losses that were attributed to fears of [...]
(Long Beach, CA) — The Cardinal Type Collection of Early Copper, a multi-million dollar display of over two dozen high-grade early American copper pieces including items from an all-time finest PCGS Set Registry collection, will be exhibited at the Long Beach Coin, Stamp & Collectibles Expo, June 3 – 5, 2010. This 1793 Chain “AMERICA” [...]
Buy American. Others Are. Good Morning, A recapture of the 1.24 level by the beleaguered euro and a small decline in the US dollar (to near the 86 level on the index) conspired to dampen gold demand during the overnight hours and the yellow metal fell to a one-week low near $1205.00 per ounce as [...]
The ceremonial release for the 2010 Yellowstone National Park Quarter will occur on June 3, at 10:30 a.m. Mountain Time, the United States Mint revealed today.

The 2010 Yellowstone National Park Quarter will launch in a ceremony held at Old Faithful Inn, which is adjacent to the Old Faithful Geyser. (NPS photo)
The coin marks the second release in the new America the Beautiful Quarters™ Program which honors national parks and other national sites throughout the U.S. and its territories.
The Yellowstone quarter ceremony will be held at the Old Faithful Inn — a famous National Historic Landmark that was first built more than a century ago. Old Faithful Geyser, which is depicted on the quarter-dollar, may be viewed from areas by the inn.
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U.S. silver bullion coin purchases soared last week and have blasted off in May, with the United States Mint selling American Silver Eagle coins at nearly twice their average rate.
Silver Eagle Monthly Sales: Jan. 2008 – May 14, 2010

(Click Image to Enlarge)
Silver prices hit highs during the second week of May that had not been seen since March 2008. That translated into bursting eagle demand, with 1,005,500 ordered between Monday and Friday.
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Mr. Schmidt Goes to…NYMEX Good Morning, Overnight metals markets witnessed plenty of price action in Asia and Europe as opposing speculative forces continued their confrontations without pause. After first gaining traction and rising by nearly $10 to a high of $1243.10 gold bullion was off by nearly the same $10 in the opposite direction as [...]
New York precious metals tilted lower on Friday, but posted gains for the week. Gold ended slightly down on the final business day after hitting a new record in morning trading. Profit-taking, a rising dollar and margin selling were cited as pressuring the yellow metal lower. Other commodities outside of metals declined as well, with [...]
(Zurich, Switzerland) — The largest number of PCGS-certified coins ever offered in a joint Chaponniere & Hess-Divo auction will be available during their upcoming sale, May 18 and 19, 2010, in Zurich, Switzerland and online at http://sixbid.com/nav.php?p=viewsale&sid=236. This 1883-O Eagle is one of many PCGS-certified coins offered in a joint Chaponniere & Hess-Divo auction – [...]
In a move that will perk collectors’ interests before the weekend, the United States Mint today announced three new product offerings via their subscription service that include strikes from the America the Beautiful Quarters™ Program which debuted this year.
Named the America the Beautiful Quarters Three-Coin Set, the America the Beautiful Quarters Uncirculated Coin Set and the America the Beautiful Quarters Circulating Coin Set, these collections offer buyers additional combinations of fresh strikes that may have been difficult to obtain in the past or required the break-up of more expensive sets. The three, however, also include their own not so insignificant premiums.
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