June 2011

Bullion BarsSpot metals dealings opened with assorted losses in New York this morning as the aforementioned decline in oil and concurrent rise in the US currency helped shape the trading patterns. Gold started the Monday session with a decline of $7.10 per ounce and it was quoted at $1,532.90 on the bid-side. Silver dropped 60 cents on the open and it started the day off at $35.30 the ounce.

Whatever the situation may be price-wise in the physical metals’ arena, Frank Holmes (US Global) feels that "senior gold miners have seen the strongest gains, with average per-share earnings increasing roughly 67% since 2009 [...]

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Coin Legislation on Capital BuildingThe Future Farmers of America (FFA) will celebrate its 85th anniversary in late 2013 through to 2014. To help celebrate the organization and occasion, a dozen U.S. Senators led by Sen. Chuck Grassley of Iowa have introduced new legislation seeking FFA commemorative coins.

Known as the National Future Farmers of America Commemorative Coin Act of 2011 and numbered S. 1181, the bill would authorize the United States Mint to produce up to 100,000 gold commemorative coins and as many as 500,000 silver commemorative coins that are "emblematic of the 85-year history of the National Future Farmers of America Organization." [...]

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Fine Gold Bars

Gold and silver prices closed higher Friday as Greece’s sovereign-debt issues continued to be bullish for both metals.

On the week, however, the metals were mixed. Gold gained 0.6 percent while silver prices fell 1.6 percent. Other precious metals were hit harder, with weekly losses of 4.4 percent for platinum and 8.8 percent for palladium.

On the Comex in New York Friday, August gold prices rose $9.20, or 0.6 percent, to settle at $1,539.10 an ounce [...]

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Strike It Rich With Pocket Change, 3rd EditionKrause Publications and F+W Media, Inc. have announced a new special to celebrate Father’s Day. Between June 17 and June 19, they are offering 70% off the Strike It Rich with Pocket Change eBook. During that short period, it is only $2.99.

The market for error coins is an interesting one, and a person could make thousands of dollars by finding the right coin. The latest edition of Strike It Rich With Pocket Change, released earlier this year, was written by error coin experts Ken Potter and Dr. Brian Allen with the unique market in mind [...]

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Olympic National Park Quarter CeremonyMike Gregoire, First Gentleman of Washington, and Karen Gustin, Superintendent of Olympic National Park, accompanied B.B. Craig of the United States Mint to ceremoniously launch the eighth America the Beautiful Quarter, honoring Olympic National Park in Washington.

The special coin ceremony took place outdoors Tuesday morning, June 14, at City Pier in Port Angeles, Washington. Although the temperature was cool and the skies were cloudy, there were still 1,200 in attendance, including 600 children from several local schools [...]

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Bullion BarsGold appeared set to record a second week of declines in value as the final trading session for the current week opened for action in New York this morning. The principal drivers of the yellow metal’s weakness were still the firmness of the US dollar and the rising perception that some kind of economic slowdown is grinding away out there and that it will impact the demand for commodities.

As a reflection of the latter, the S&P Goldman Sachs Commodity Index fell by over 4% this week while the impact of the former yielded a 1.1% gain on the trade-weighted USD index [...]

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PNG LogoThe Professional Numismatists Guild has added a third PNG Day show during 2011. It will be held in Pittsburgh on October 12, the day before the American Numismatic Association’s National Money Show there.

Dealers who take a table at the upcoming ANA-PNG Official Pre-Show in Chicago, August 13 – 15, will get a $100 discount on tables for the Pittsburgh PNG Day, October 12, and be entered in a drawing for a free table for the Pittsburgh PNG Day [...]

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Fine Gold BarsGold and silver prices traded Thursday between a relatively narrow range and not far from their previous closing prices. The metals did register modest gains, with advances attributed mostly to safe-haven demand driven by the situation in Greece.

On the Comex in New York, August gold prices rose $3.70, or 0.2 percent, to $1,529.90 an ounce The yellow metal touched [...]

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Vicksburg National Military Park CoinThe United States Mint on Wednesday let its distributors know that they may order Vicksburg National Military Park 5 Oz Silver Bullion Coins on Monday, June 20, 2011.

The Vicksburg silver bullion coin marks the ninth of fifty-six issues in the America the Beautiful Five Ounce Silver Bullion Coin series. It is the fourth of five which will be available this year.

As a United States Mint bullion product, the Vicksburg bullion coin will not be available for direct sale through the Mint’s website or [...]

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American Silver Eagle, Yosemite 5  Oz Silver Coin

Collectors returned to buying coins in larger quantities last week — especially silver coins. The latest US Mint sales figures pegged 61 numismatic products as having outperformed their previous weekly gains. That compares to 21 products from the prior report and 17 from the time before that.

Sales of silver coins have been supported by fluctuating silver prices and the newly released Yosemite National Park 5 Oz Silver Uncirculated Coin, which debuted with brisk numbers [...]

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