September 2010

U.S. gold prices rose Tuesday, closing $8.20 higher, at a new record, and near $1,260 an ounce. The frequently cited factor for gold’s gains was safe-haven demand driven by renewed concerns over the health of European banks and their debt. Other precious metals did not ride the coattails of the yellow metal. Silver edged lower [...]

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American Eagle Gold Proof Coin

The United States Mint is already producing and will sell four different sized proof Gold Eagles later this year, U.S. Mint spokesman Michael White confirmed Tuesday, September 7.

However, 2010 Proof American Silver Eagles are still in question.

An exact date is yet to be announced but the one-ounce, half-ounce, quarter-ounce and tenth-ounce proof 2010 Gold Eagles are expected to launch in mid-October, according to White. The bullion one-ounce version has been available since January 19, 2010, with the fractional bullion sizes released on June 10, 2010.

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Good Morning, Whatever selling pressure the stronger US dollar and a $1.60+ drop in crude oil had exerted upon gold prior to, and just after the opening of, the New York session this morning, dissipated along with the arrival to work in full force of the hedge fund crowd. More momentum money making for momentous [...]

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The worldwide launch of the bullion 2011 Kangaroo Gold Coins will begin on Tuesday, September 14, 2010, The Perth Mint of Australia has announced.

2011 Australian Kangaroo Gold Coins - 1 Kilo and 1 Ounce

The 99.99 percent pure gold coin series is one of the most popular offerings from the Mint, featuring varying sizes, limited mintages and annual changing designs.

"A fresh new interpretation of Australia’s most famous native animal appears on the 2011 Australian Kangaroo" in the 1 ounce, 1/2 ounce, 1/4 ounce and 1/10 ounce sizes, states the Mint.

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Further details for the ceremonial release of the 2010 Grand Canyon National Park Quarter has been provided by the United States Mint.

Grand Canyon National Park Quarter

The U.S. Mint in late June provided the ceremony dates for all of the remaining 2010 America the Beautiful Quarters™, but the new information provides specific details for those planning on attending the latest quarter release.

The Mint and the National Park Service will kick off the fall season by introducing Arizona’s Grand Canyon National Park Quarter on September 21 at 1:30 p.m. (MST), on the park’s South Rim, between Hopi House and Verkamp’s Visitor Center.

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A better-than-expected U.S. unemployment report Friday was credited for lifting stocks but pressuring gold. However, gold steadied later after data showed growth in service industries weakened in August. Although the yellow metal declined slightly for the day, it still registered a fifth straight week of gains, rising 1.1 percent. Other precious metals moved higher both [...]

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"The Nazi Scourge: Postal Evidence of the Holocaust and the Devastation of Europe," an award-winning exhibit of over 300 World War II era documents related to the Nazis attempted extermination of Jews and others, will be publicly displayed for the first time in Massachusetts. The exhibit includes examples of counterfeit Bank of England paper money [...]

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Rider pride was in full swing as the Royal Canadian Mint launched a new commemorative one-dollar circulation coin honouring the Saskatchewan Roughriders’ 100th birthday.

Saskatchewan Roughriders Centennial Canadian Dollar Coin

The Mint delighted Roughrider fans by officially unveiling this circulation coin in the company of Saskatchewan Roughriders and federal government officials gathered at a public event held in Regina’s Northgate Mall.

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Good Morning, Some of the sardine can-like conditions in the gold trade were relieved this morning when news that US nonfarm payrolls dipped only by 54,000 positions prompted some latecomers to unwind their own positions in the yellow metal. In fact, US firms added more jobs (some 67,000 of them) than the 40,000 or so [...]

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Heritage Auctions has announced that Arthur Blumenthal has been appointed Senior Numismatist by the company, working out of Heritage’s recently opened New York offices at 445 Park Avenue (at 57th Street). "Arthur brings a tremendous amount of experience to his position with Heritage," said Greg Rohan, President of Heritage. "His expertise encompasses the numismatic, currency [...]

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