The Bureau of Engraving and Printing (BEP) is now offering Series 2009 $5 Uncut Currency Sheets featuring the signatures of United States Treasury Secretary Timothy Geithner and United States Treasurer Rosie Rios.
Each uncut currency sheet includes crisp, uncirculated $5 notes of varying quantities that range in price from $37.00 to $199.00. The $5 notes have a Federal Reserve Bank designation of San Francisco.
The 4 subject currency sheet is listed for $37.00, the 8 subject sheet is [...]
U.S. gold futures closed to a record Tuesday, extending a winning streak to six sessions. August gold prices rose $13.10, or 0.8 percent, to $1,562.30 an ounce on the Comex in New York, topping the previous settlement record of $1,557.10 set on May 2. Gold traded between $1,541.10 and $1,556.10.
"With the currency volatility and the debt-contagion risk in Europe, investors are gravitating toward something tangible like gold," Adam Klopfenstein, a senior strategist at Lind-Waldock, was quoted on Bloomberg.
"If you live in Greece, you are going to buy gold because that’s the hard money you still trust, and we know that the Federal Reserve wants to [...]
A trio of 1855-S proof coins from the Golden Gate Collection, including the possibly unique 1855-S proof $3 gold PR64 NGC. CAC., being offered by Heritage Auctions as part of the company’s August 11-12 Chicago Signature® U.S. Coin & Platinum Night Auction, is generating serious buzz in the realm of high end collectors.
"Just looking at the three dollar coin from the front, it has every outward appearance of a Philadelphia Mint proof," said Greg Rohan, President of Heritage Auctions. "Turn the coin over, however, and the ‘S’ mintmark on the reverse elevates this coin into a whole other realm. This is a supreme rarity and will be highly coveted by the top collectors in the world." [...]
The world’s third largest bond market, that of Italy, teetered on the brink this morning and the situation prompted Bank of America Merrill Lynch to caution global investors about the potential for a "tail risk scenario" of the most unpleasant kind. The bank’s analysts warned that further erosion in that country’s bond market could result in the derailment of the emergent global economic recovery and that financial markets would not take such developments in stride…
Spot gold dealings started the Tuesday New York session off on the downside, with the yellow metal losing $7.00 and being quoted at $1,547.50 per ounce. The US dollar remained above the 76.00 mark on the trade-weighted index as it was seen attracting further wads of safe-haven-seeking cash among the aforementioned nervous global investors [...]
The United States Mint struck more coins for circulation in June 2011 than in any previous month of this year, according to the latest coin production figures released by the bureau on Monday.
The Mint’s production pace in June surpassed May’s by 11.8 percent, marking a third-straight monthly increase. It was the busiest month for the United States Mint since the same time of a year ago. The figures also revealed mintages for the Olympic National Park Quarter which began circulating on June 13. The quarters are the most scarce to date [...]
U.S. gold prices extended their gains to five straight sessions on Monday, supported by safe-haven worries that European nation debt issues could widen to other countries.
August gold prices gained $7.60, or 0.5 percent, to close at $1,549.20 an ounce on the Comex in New York. Gold touched a low of $1,542.10 and a high of $1,557.60 — its highest level since June 22 [...]
Monday’s market opening in New York offered mainly shades of red as the dominant color for price tickers in precious metals.
Gold was the stand-out counter-mover as it received a debt jitters-induced, $8.00 per ounce lift, that brought it up to the $1,552.00 spot-bid level right out of the session’s starting gate this morning.
Subsequently, the yellow metal climbed $12 right up to the pivotal $1,558.00 EW resistance point, the overcoming of which might [...]
Demand waned sharply for American Gold Eagle bullion coins in June 2011. United States Mint sales of the investment grade coins dropped to 61,500 ounces. The level was the lowest since December 2010 and the weakest month of June since 2008.
While bullion coin sales generally dip during summer months, June’s total represented a steeper-than-normal 42.5 percent decline from the 107,000 ounces of gold sold in May. And in a stark contrast, companion Silver Eagle bullion coins scored their best ever June. Their sales were 3,402,000, which was down only 6.9 percent from the previous month [...]
With great pleasure Stack’s Bowers Galleries will be offering at the World’s Fair of Money one of the very few United States rarities listed in the Guide Book of United States Coins that has never before sold at public auction.
The focus will be on one of just two examples known to us of the 1975-S Proof Roosevelt dime lacking the S mintmark. The presently offered coin was purchased in February 1979 by dealer Fred Vollmer, a professional who specialized in Proof coins and sets and appreciated the unique opportunity [...]
Award-winning author Jeff C. Garrett will present a free public seminar, How to Accurately Value United States Coins, during the Official ANA-PNG Pre-Show in the Donald E. Stephens Convention Center in the Chicago suburb of Rosemont, Illinois, on Monday, August 15, 2011.
The two-hour seminar will begin at noon in room 55, and is part of the ongoing PNG Share the Knowledge educational programs for collectors and dealers at major coin shows around the country.
The price you pay for a coin can have profound consequences on your long-term investment in rare coins; yet determining a coin’s value can be [...]
