June 2010

The Royal Australian Mint announced the appointment of Mr Ross MacDiarmid as its new Chief Executive Officer. Mr MacDiarmid has extensive private sector experience in manufacturing and marketing as well as a background in tourism and business development.

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The Royal Canadian Mint is honoured that its Vancouver 2010 commemorative circulation coin program has won global acclaim as the Best New Coin Series at the third "Excellence in Currency" Awards held in conjunction with the 2010 Currency Conference of the International Association of Currency Affairs (IACA) in Buenos Aires, Argentina. The Mint is also [...]

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Dubious Declarations by the Danube Good Morning, A quick about-face from Hungary regarding its chance of a default assuaged markets as the new trading week got underway. Barely hours after announcing that there was a ‘grave’ situation facing the nation’s economy, PM Orban and his government pulled out all the stops to reassure turmoil-laden markets [...]

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(Long Beach, California) – A unique six-note uncut sheet of $5 New Jersey National Currency notes stolen two years ago was returned to its grateful owner at the Long Beach Coin, Stamp & Collectibles Expo during dealer set up on June 2, 2010. Beverly Hills, California dealer Kevin Lipton happily holds the recovered six-note $5 [...]

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Attributions for pressuring commodities and stocks lower were disappointing U.S. employment numbers that raised recovery questions coupled with new concerns that Europe’s debt crisis would create a double-dip recession. Gold was the single precious metal to rise in New York on Friday and during the holiday shortened week. Silver and palladium fell the furthest as [...]

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The United States Mint on Thursday, June 3, released the 2010 American Buffalo Gold Proof Coin for an opening price of $1,510.00.

2010 American Buffalo Gold Proof Coin
2010 $50 American Buffalo Gold Proof Coin – Obverse and Reverse (Click to Enlarge)

The one ounce .9999 fine, 24-karat gold coin marks its fifth year of issue, but this year’s version could experience demand unlike past offerings if recent history is any indication.

The 2009 proof launched on October 29, 2009. Debuting four-day sales roared to 19,468. The US Mint stopped selling the coins on March 29, 2010 around the 50,000 level — the most recent unaudited Mint sales figures have them at 49,388.

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In conjunction with the Memphis International Paper Money Show, June 17-21 DALLAS, TX — The Official Currency Auction of the 2010 Memphis International Paper Money Show in Memphis will be conducted by Heritage Auctions June 17-21. The auction will include three floor sessions and an online session. Lot viewing will be conducted at the Cook [...]

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The United States Mint launched the Jane Pierce First Spouse Gold Coins on Thursday, June 3, at 12 Noon (Eastern). These 24-karat gold coins are struck to honor the former First Lady who was married to the fourteenth President of the United States Franklin Pierce. Jane Pierce First Spouse Gold Coins (Proof and Uncirculated) – Click to [...]

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Hungary Hungover Good Morning, Anticipation that Friday morning’s May jobs report from the US Labour Department would reveal a ‘staggering’ rate of job creation (the largest in 27 years) briefly brought bullion prices to under the $1200 during the overnight and early morning hours. The metal sank as risk appetite for equities rose and as [...]

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(Long Beach, California) — The Board of Directors of the Professional Numismatists Guild (PNG) met in Long Beach, California on June 2, 2010 and issued the following statement. The Professional Numismatists Guild Board of Directors applauds the Professional Coin Grading Service (PCGS) in its efforts to battle the deceptive practice known as coin "doctoring." The [...]

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