Monthly Archives: August 2011
Free Trial of PCGS Mobile CoinFacts Available
PCGS Mobile CoinFacts (m.pcgscoinfacts.com), a new application that lets smart phone users instantly access all the historical numismatic information and crystal-clear coin images from the extensive PCGS CoinFacts™ database, will be available free to everyone for a ten-day trial period, August 12 - 20, 2011.
After that, this indispensable app will then be available free only for those with a PCGS CoinFacts subscription. [...]
US Mint Suspends Sales of 2011 Commemorative Gold Coins
Raging gold prices are disrupting United States Mint gold coin sales. The bureau on Friday stopped selling commemorative gold coins just three days after a similar suspension was implemented throughout collector pieces, including the American Gold Eagles, American Gold Buffalo and each of the First Spouse Gold Coins. The suspensions came as melt values of the coins raced toward their retail prices.
"The United States Mint has suspended sales of commemorative gold coins for re-pricing," the bureau said in a statement. "Due to the current market volatility, we will be placing these coins [...]
Set of Australian Bush Babies Stamp and Coin Covers Available
The complete set of the Australian Bush Babies Stamp and Coin Covers is now available for order which features products from both The Perth Mint of Australia and the Australia Post. The two entities have teamed together to create a collector set which merges the interests of two extremely popular hobbies -- stamp and coin collecting.
Included in the set are five unique Perth Mint aluminum bronze coins featuring reverse designs of different baby creatures found in the wilds of Australia. The coins are joined by five official Australia Post stamps showcasing the same baby designs which are [...]
IAPN’s 60th Annual Congress Held in Edinburgh, Scotland
The International Association of Professional Numismatists (I.A.P.N.) held its 60th General Assembly June 23-27, 2011 in Edinburgh Scotland.
A total of forty three of the world's leading numismatic firms met to attend the diamond jubilee congress. Fourteen different nations were physically present, including Australia, Belgium, France, Germany, Italy, Japan, Monaco, the Netherlands, Portugal, Spain, Switzerland, the United Kingdom, the United States of America and Venezuela as well as several others whom participated via proxy [...]
Gold Falls from Record, Silver Prices Decline 1.7%
U.S. gold futures closed sharply lower Thursday, breaking away from a three-session winning streak and falling from an all-time record high of over $1,817 an ounce.
"The strength in equities, coupled with the increase in margins, is pushing gold down," Matthew Zeman, a strategist at Kingsview Financial in Chicago, said in a telephone interview that was recounted on Bloomberg. "Investors are waiting for a deeper correction before they start buying again."
December gold prices declined $32.80, or 1.8 percent, to finish at $1,751.50 an ounce on the Comex in New York [...]
US Mint Sales: American Gold Eagles and Gold Commemorative Coins Shine
According to the latest round of United States Mint sales figures, silver coins were in higher demand but it was gold products that outperformed, including American Gold Eagles and gold commemorative coins.
Gold has soared with several strings of record highs. It was the only precious metal to advance last week. These conditions translated well for United States Mint gold coins -- both bullion and collector issues, as their sales pace quickened.
In specifics, all United States Mint gold commemorative coins came in with healthier week-over-week gains while companion commemorative silver dollars and 50c clads weakened. The Mint's top commemorative seller was [...]
Anacapa Collection Offered in GreatCollections August 2011 U.S. Gold Coins Auction
GreatCollections is proud to auction a collection of U.S. gold coins called the Anacapa Collection.
"These coins will be offered as part of our Sunday, August 21 auction program, which will feature over 1,000 certified coins ranging in value from $20 to over $20,000,"said Ian Russell, president of GreatCollections.
The collection was amassed over the past ten years and includes coins such as the 1876-CC Liberty Double Eagle graded PCGS MS-61 CAC and the 1905 Liberty Quarter Eagle graded NGC Proof-65 CAMEO CAC [...]
Gold Prices Rally to $1,800 Record, Silver Rebounds 3.8%
U.S. gold futures maintained momentum Wednesday, scoring a third straight record high and topping the $1,800 an ounce psychological level in intraday trading. Gold prices have rallied $132.50, or 8.0 percent, this week as the metal's safe-haven appeal deepens on continual news of worrisome economic conditions across the globe.
December gold prices rallied $41.30, or 2.4 percent, to settle at a fresh record of $1,784.30 an ounce on the Comex in New York. The yellow metal reached as high as $1,801.00 an ounce [...]
US Mint July 2011 Coin Production Hits 821.98 Million
Breaking a string of three straight monthly increases, the United States Mint produced fewer coins in July than in June, according to the bureau's latest coin production figures. Still, the monthly pace was the second highest in 2011 and quicker than during the same time a year ago.
United States Mint presses pushed out 821.98 million coins for circulation in July 2011, marking a 9 percent decline from June but a 6.5 percent increase over July 2010.
Two United States Mint facilities are responsible for producing circulating coins that are intended for commerce. In a reversal from each of the previous three months, the [...]
Gold Jumps to $1,743 Record, Silver Prices Tumble 3.8%
U.S. gold futures blazed a path to a fresh record high Tuesday, and for a second straight day. But silver, which often follows gold, tumbled 3.8 percent. It was the only precious metal to decline.
December gold prices rose $29.80, or 1.7 percent, to settle at $1,743.00 an ounce on the Comex in New York. The yellow metal's lowest point was at $1,717.70. Although gold closed to another all-time high, it finished well below its earlier intraday best of $1,782.50 an ounce -- a level that was briefly higher than platinum [...]