The Professional Numismatists Guild (PNG) presented its outstanding achievement awards for 2010 during the PNG Day banquet held in Boston, Massachusetts on August 9, 2010. PNG 2010 award winners include:
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The July 20 Congressional subcommittee hearing about the "The State of U.S. Coins and Currency" brought forth an interesting topic to the world of investing and numismatics — an idea for the United States Mint to produce American Palladium Eagle Bullion Coins.
The topic was not discussed to the same degree as changing coin compositions or producing proof American Silver Eagles at the expense of the bullion versions. However, it tied into the latter as a partial solution one panel member proposed to help alleviate the current American Silver Eagle crunch.
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Part of Bowers and Merena Auctions’ $9.2 Million Boston Rarities Sale Bowers and Merena Auctions, one of the world’s pre-eminent numismatic auctioneers, hosted its Boston Rarities Sale on Saturday, Aug. 7 at Park Plaza Hotel and Towers in Boston, Mass., where the featured coin, a rare 1794 Silver Dollar, was sold for $1,207,500. The Bowers [...]
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The U.S. government printed nearly 100 million fewer bills in July than in June, marking a second straight monthly production decline and the lowest level of the year, according to figures from the agency responsible for manufacturing U.S. currency. The Bureau of Engraving and Printing (BEP) released the final July numbers on Friday. The data [...]
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Demand for Bullion 2010 Gold American Eagles climbed in July over June, owing mostly to a renewed interest in the one ounce coins. Conversely, sales of the smaller or fractional gold coins dropped drastically.
The United States Mint experienced a rush of orders for the fractional Gold Eagles on June 10 when they were first released to its network of authorized purchasers. Prior to that, buyers were only able to obtain the 1 oz coins which have been available all year long (although 2010-dated coins were only issued beginning January 19).
The debut month for 2010 fractionals saw 355,000 ordered, with the majority of them 1/10 ounce sizes. By comparison, July fractional dropped to 34,000 coins, or less than 10 percent of what had been ordered in June.
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The only known Plain Edge 1907 $10 coin with Wire Rim, designed by Augustus Saint-Gaudens – and likely the only example of his coinage that he ever saw – is among the most historically important pieces in Heritage’s upcoming U.S. Coin auction. It will be offered on Aug. 11, as part of the Official Auction of [...]
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