Friday, March 29, 2024
2011 February

Monthly Archives: February 2011

Counterfeit Euro Coins Climb in 2010

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2 euroRecent numbers show that counterfeit euro coins continue to be a problem in the European Union, albeit a relatively small one.

In 2010, authorities removed a total of 186,000 counterfeit euro coins from circulation. This was an increase on the previous year of 13,900 coins, but still well under the numbers recorded in 2007 and 2008 [...]

Silver Prices Jump Toward $34, Gold Nearly Unchanged

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Fine Gold BarsU.S. gold prices rose modestly Monday, as did platinum. Silver and palladium were the exceptions. Silver prices soared 2.7 percent while palladium rallied 1.5 percent.

April gold prices gained 60 cents to close at $1,409.90 an ounce on the Comex in New York. The metal traded as low as $1,407.90 an ounce and as high as $1,417.00 an ounce [...]

2011 Canadian Grizzly Silver Bullion Coin Available

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2011 Canadian Grizzly Silver Bullion Coin

2011 Grizzly Silver Bullion CoinThe Royal Canadian Mint has recently announced details about the 2011 Grizzly Silver Bullion Coin, the second issue of what has proven to be an extremely popular three year, six coin Canadian Wildlife bullion series.

The official launch for the Grizzly Coin was held by the Mint at the World Money Fair in Berlin, Germany on January 28, 2011. This auspicious occasion allowed it to introduce the new strike to many of the premier coin buyers, distributors and producers of the world [...]

Circling Hawks – Monday Kitcommentary

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Bullion BarsAs of this writing, spot gold oscillated between the $1,406 and $1,417 posts -- but mainly around the $1,415 level that it also opened at. Silver advanced 56 cents to reach $33.96. Platinum dropped $2 to the $1,803 mark while palladium was able to rise $9 to the $798.00 per ounce bid quote.

No change was reported in rhodium this morning ($2,380.00 on the bid-side). The metals continued to look for guidance to come from crude oil and the dollar, while also taking note of the rising chorus of hawkish central banker talk [...]

“Et Tu Brute” Coin … And Money From Deepest Known Wreck...

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Brutus - Caesar's Assassin Gold Stater

Brutus - Caesar's Assassin Gold Stater CoinA gold stater struck by Brutus, one of Julius Caesar's infamous assassins, together with two Spanish pieces-of-eight recovered from the world's deepest known wreck site, are among more than 250 coin lots in Time Line Auction's London sale scheduled for Friday, March 18th  at the prestigious Swedenborg Hall, Bloomsbury, just around the corner from the British Museum [...]

Gold and Silver Edge Lower Friday, Cutting into Weekly Gains

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Fine Gold Bars

U.S. gold prices retreated Friday, falling for the first time in two weeks and away from a seven-week high. Silver moved in step with the gold, but marked losses for a second straight day.

Both metals rose on the week, however, as gold advanced 1.5 percent and silver added 1.9 percent. As was the case last Friday [...]

Risk Roulette – Friday Kitcommentary

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Risky Global Business Map

Bullion BarsWith Friday's price action in precious metals and crude oil was largely defined by repeated attempts to recover some of the sizeable damage that profit-takers inflicted upon them in after-hours trading.

Gold prices on the spot market gyrated quite violently (and in varying directions) this morning (the range was from $1,398 to $1,413) albeit the $1,400 mark was maintained for the time being [...]

Medal of Honor Commemorative Coins Released

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US Mint Medal of Honor Commemorative Coin BrochureThe United States Mint today, February 25, 2011, released the 2011 Medal of Honor Gold and Silver Commemorative Coins.

They are available in collector proof and uncirculated qualities at introductory prices ranging from $49.95 to $449.95. The issues are the final series of commemorative coins to be released in 2011 [...]

Gold Extends Gains, Silver Dips Modestly

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Fine Gold BarsU.S. gold prices extended their gains Thursday, reaching another fresh seven-week high on the heels of rising turmoil in Libya. But silver was quiet and dipped below a 31-year high reached on Wednesday.

April gold prices edged up $1.80, or 0.1 percent, to $1,415.80 an ounce on the Comex in New York. Gold settled at its best price since January 3. It traded as [...]

Ceremony Rescheduled for 2011 Native American Dollars

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2011 Native American DollarThe United States Mint has rescheduled the launch ceremony for the 2011 Native American Dollar. The release will take place on March 25, 2011.

The $1 coin was first scheduled to launch on January 12, 2011, at the Plimoth Plantation Henry Hornblower II Visitor Center in Plymouth, Massachusetts. Winter snowstorms forced its postponement [...]