June 2010

In September 2010 the Royal Australian Mint will host the International Mint Directors Conference (MDC 2010) in Canberra. A $30,000 grant from Tourism Australia will facilitate the participation of delegates from regional countries such as Tonga, Papua New Guinea and Bangladesh. The funding, which was secured in partnership with the Canberra Convention Bureau, will assist [...]

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(Irvine, California) — Michael Contursi, previously Director of Operations, has been named Vice President of Rare Coin Wholesalers (www.RCW1.com). He will be active in managing employee operations as well as collector, dealer and investor relations for the company at coin shows and financial conferences around the country as well as at the company’s offices located [...]

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Gauntlets in Flight Good Morning, Record prices have a way of engendering profit-taking, and this time was no different. Whether the temptation to skim some chips off a profit-rich gaming table remains the order of the day(s) as we head towards the weekend remains to be seen. The proposal to institute an EU-wide ban on [...]

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The United States Mint on Tuesday announced the start of the America the Beautiful Quarters™ Bulk Purchase Program. This new service offers businesses interested in buying large volumes of the new quarter-dollars a chance to order them directly from the U.S. Mint. 2010 America the Beautiful Quarters The term "large volumes" could be a bit [...]

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(Long Beach, CA) — The line for the public to enter on opening day of the June 3 – 5, 2010 Long Beach Coin, Stamp & Collectibles Expo stretched about a one block through the huge Long Beach, California Convention Center. The opening day line stretched through the convention center at the June 3 – [...]

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2010 Yellowstone National Park Quarters were ceremoniously introduced last Thursday, June 3. However, two days before the ceremony they were actually released into circulation and the United States Mint began selling quarter bags and rolls. The latest U.S. Mint sales report is available and opening numbers show that collectors purchased just over 2.7 million Yellowstone [...]

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Commemorative 2010 Boy Scouts of America Centennial Silver Dollars are slowly, but steadily approaching a sell out. United States Mint coin sales figures released Tuesday evening indicate 348,977 is their latest total, representing 99.7 percent of the maximum authorized mintage. In terms of numbers, only 1,023 are left for collectors to purchase.

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New York gold futures broke new record ground on Tuesday as euro zone financial turmoil and global recession worries raised safe-haven buying. Gold prices reached just over $1,254 an ounce before paring gains to settle up 0.4 percent. Other metals climbed as well, with palladium’s percent gain the highest at 2.7 percent. Crude oil joined [...]

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Shock and A & W Good Morning, The spectre of lost/altered "A" letters in the credit ratings Scrabble game and the urgings for sharper budget scalpels made an unwelcome appearance in Britain overnight. Newly-installed PM, Mr. Cameron, was told- in no uncertain terms- that the Albion faces "formidable’ fiscal challenges on its debt unless faster [...]

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American Eagle Gold Bullion CoinWith 2010 Fractional Gold Eagle Coins due from the United States Mint in two days — Thursday, June 10, it is a good time to review the history and general values associated with last year’s versions.

First introduced in 1986 to allow buyers a convenient and cost-effective method of adding gold to their investment portfolios, the U.S. Mint strikes four different sizes of the American Eagle Gold Bullion Coins — the standard one ounce, along with fractional 1/2 ounce, 1/4 ounce and 1/10 ounce sizes.

Last year’s fractionals were released on December 3, 2009, which is atypical. They are usually issued much earlier and available for most of the year. But exceedingly high demand for the one ounce coins resulted in delays. Considering these circumstances, slighter mintages could have been expected for the smaller coins.

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