July 2010

At this year’s American Numismatic Association World’s Fair of Money convention in Boston held August 10 – 14, visitors will be treated to a number of museum-quality exhibits of historic rare coins. This 1832 large cent, graded PCGS PR64 Red, is one of the highlights of the ESM Collection of proof copper coins that will [...]

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DALLAS, TX – An original 1867 5C Rays PR65 Cameo NGC. Dannreuther-1A, State a/a, a highly desirable and celebrated rarity, brought $57,500 to lead Heritage’s $7,387,384 July Orlando, FL Summer FUN Signature US Coin Auction. Original 1867 Rays Gem Cameo Proof Shield Nickel leads the way with $57,500 price realized; demand for rare gold coinage [...]

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Good Morning, Gold prices remained above the $1210 level overnight but the metal was as yet unable to add significant amounts to Tuesday’s Portuguese downgrade-induced gains as rising overseas equities markets and a rebound in the euro capped advances. Indian buyers remained on the sidelines as shopkeepers reported no changes in pending orders for bullion [...]

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U.S. gold prices advanced $14.80 and returned to above $1200 an ounce on Tuesday. Cited factors for the yellow metal’s near two-week high included a weaker dollar, higher oil prices and safe-haven buying due to Moody’s downgrade of Portugal’s debt rating. Precious metals climbed as a group. Silver gained 1.9 percent, platinum climbed 1.3 percent [...]

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Military exchanges around America are beginning to promote the use of $1 coins in daily transactions, according to an announcement by the United States Mint. The four 2010 Presidential $1 dollar coins The Army and Air Force Exchange Service (AAFES) has kicked off an initiative at several retail stores to encourage and use Presidential and [...]

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Roosevelt DimeLooking back to last year, 2009 was filled with a roller-coaster of events relating to the coin collecting world. Among the many highlights, new coin releases such as the Abraham Lincoln Commemorative Silver Dollar and the four redesigned 2009 Lincoln Cents are sure to be recalled by anyone even slightly familiar with the hobby.

The sharp US Mint June coin production increases may further jog the memory, reminding collectors of the historically low mintage levels in 2009. For the entire year, just 3,548,000,000 circulating coins were produced.

In comparison, 2008 had a production total of more than 10.1 billion and 2007 came in even higher over 14.4 billion. In fact, the last time the US Mint had circulating strikes at such a low level was forty-plus years ago.

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Dancing With the (Fund) Stars: Let’s [Con]Tango! Good Morning, Yesterday’s downturn in gold was followed by an overnight bounce of fairly sizeable proportions. Once again the metal’s price gyrations occurred without much of an obvious impact from news-related external factors (aside from the Portugal downgrade story, relayed below). Actually, the rebound also took place in [...]

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Marshals Services StarCommemorative coin legislation was reintroduced in the House of Representatives on July 1, 2010, that would honor the 225th anniversary of the founding of the US Marshals Service with a one ounce high-relief $5 gold coin and a standard sized silver dollar.

The U.S. Marshals Service was the first law enforcement agency in America. President George Washington appointed the first 13 U.S. Marshals on Sept. 24, 1789, which was two days after he signed the Judiciary Act of 1789 into law. Since then, US Marshals have served the Nation in varying capacities with distinction and honor.

The United States Marshals Service 225th Anniversary Commemorative Coin Act, H.R. 5680, was again brought forward by Rep. John Boozman of Arkansas, who introduced nearly identical legislation on June 10, 2009 that was numbered H.R. 2799.

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Oh, Scrap – Part II Good Morning, Gold prices fell back towards the psychologically important $1200 mark as the new trading week got underway, with little in the way of bullish news coming the way of precious metals buyers. Although the euro weakened a tad and dropped under the 1.26 level against the US dollar, [...]

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The United States Mint officially announced the July availability of its two "most popular annual sets." On Thursday, July 15, it will issue the 2010 United States Mint Uncirculated Set®. Exactly one week later, on July 22, it will release the United States Mint Proof Set®. U.S. Mint image of the 2010 Mint Uncirculated Set [...]

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