A House of Representatives subcommittee hearing on Tuesday revealed better odds in minting proof and uncirculated 2010 American Silver Eagle coins. But what about 2010 proof American Gold Eagles?
During the hearing, U.S. Mint Director Ed Moy spoke of his support for legislation that would redirect a portion of silver planchets from legally mandated bullion coins to discretionary proof and uncirculated silver dollars. (Read Proof Silver Eagles Possible.) Subcommittee members and panelists voiced no opposition in amending current law to make them possible.
"Such a change would be one of the most positive customer satisfaction measures that could be taken to benefit your coin collecting constituents without having an effect on American’s ability to acquire investment-grade silver bullion," Moy testified.
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Laurel Kamper has been appointed Marketing Director of Rare Coin Wholesalers (RCW) of Irvine, California. "Laurel has excellent experience in successful advertising and marketing in a half dozen business fields as well as trade shows. She’ll be a tremendous help in our efforts to keep our company in the forefront of the numismatic community, [...]
Sales of the 2010 United States Mint Uncirculated Coin Set® opened to solid demand, as coin collectors rushed to place their orders.
The annual U.S. Mint product is typically the second most popular set with coin collectors — trailing only the clad proof sets.
The satin finish, uncirculated 28-coin set went on sale Thursday, July 15. The 2010 Mint Set lived up to its reputation, racing out of the gate with 200,764 orders in four days.
Debuting sales did ease as compared to the most recent 2009-dated set which was priced $4 lower and contained 8 more coins, including the newly designed pennies that celebrated the bicentennial birth of Lincoln. However, the 2009 Mint Set also launched during a time of year when collectors are much more active in buying coins.
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Good Morning, Tuesday’s price recovery in gold extended into the overnight hours and over to the early part of Wednesday’s action overseas. Sporadic bargain buying and some short-covering were noted ahead of the New York opening. The yellow metal rose as high as $1199.00 basis spot ask values but remained largely confined to a roughly [...]
"The State of U.S. Coins and Currency" was discussed today by the House Subcommittee on Domestic Monetary Policy and Technology.
And topmost interest for collectors, the hearing revealed the possibility of amending law to approve the minting of 2010 American Eagle Silver Proof and Uncirculated Coins at the the expense or producing fewer bullion versions.
Led by Chairman Melvin L. Watt, representative from North Carolina, and ranking minority member Representative Ron Paul from Texas, the subcommittee had several lines of questioning as it related to U.S. coins and currency.
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U.S. gold futures rebounded Tuesday from an intraday low of $1,175.10 an ounce — a price not seen since May 21. The yellow metal popped up for a daily gain of $9.80, with the emergence of bargain-hunters cited as the major catalyst. Other metals rose as well, with silver adding 0.9 percent, platinum rising 0.3 [...]
The United States Mint on Monday officially announced that it would sell bags and rolls of 2010 Yosemite National Park Quarters beginning July 26, 2010, at noon Eastern Time. The coins are the third release under the new America the Beautiful Quarters™ Program which will feature 56 differing reverse quarter-dollar designs at a rate of [...]
Good Morning, The ongoing decline in the precious metals complex…went on overnight as a stronger dollar and a slightly lower euro coupled with losses in the Nikkei index conspired to keep sellers active and buyers less so. In London trading, the yellow metal fell to a fresh eight-week nadir intensifying its lengthiest losing string of [...]
Two leading experts on the acquisition and trading of gold coins and bullion will provide a wealth of inside information on those subjects — free of charge — during the ANA World’s Fair of Money (www.WorldsFairOfMoney.com), the year’s biggest coin show, on Friday, August 13, 2010, at the Hynes Convention Center in Boston, Massachusetts. Scott [...]
The single finest 1901-S Half Dollar known, MS67+ PCGS Secure Plus, CAC, is expected to bring $70,000+ as Lot 3202 of Heritage Auction Galleries’ Aug. 8-15 Boston Signature® ANA Coin Auction.
This 1901-S Half Dollar known, MS67+ PCGS Secure Plus, CAC, is expected to bring $70,000+.
This singular coin comes to auction courtesy of the Dr. and Mrs. Steven L. Duckor Half Dollar Collection, with a pedigree that extends all the way back to the San Francisco Mint, which originally sent the coin to S. Benton Emery.
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