Monthly Archives: June 2012
Gold, Silver Soar After EU Agreement. Quarterly Losses Cut.
Gold, silver, platinum, and palladium soared Friday on news that European leaders came to an agreement that surprised investors and emboldened world markets.
Gold had appeared ready to park in the red for the week and month, but instead jumped ahead for both and significantly trimmed its quarterly loss to 4.0%. Other quarterly losses in [...]
Montford Point Marines Bronze Medals Available
A ceremony at the U.S. Capitol was held on Wednesday, June 27 that recognized the first African Americans who entered the United States Marine Corps, the Montford Point Marines.
On Thursday, June 29, the United States Mint made available bronze duplicates of the awarded medal in 3 inch and 1.5 inch sizes [...]
1838-O Half Dollar Booklet Available from Heritage
The 1838-O Reeded Edge half dollar is one of the classic rarities in U.S. coinage, from a tiny mintage of "not more than 20 pieces," and now aficionados of the rare variety have a chance to deepen their knowledge of the fabled coins with Heritage Auctions' new booklet, "The Surprising History of the 1838-O Half Dollar," by David Stone, Mark Van Winkle and edited by James Halperin [...]
Sacagawea Dollar / Quarter Mule Error to be Sold in August
Set to cross the block in Stack's Bowers Galleries Official August 2012 Philadelphia ANA World's Fair of Money Auction is the famously rare Sacagawea dollar / Washington Statehood quarter muling.
This remarkable error was first discovered in 2000 by Frank Wallis of Mountain Home, Arkansas, and that discovery piece was subsequently sold by Bowers and Merena at the August 2000 ANA Millennium Sale for $29,900 [...]
In The Lead – Brussels Sprouts A Resolution? Not Exactly.
Serious price as well as psychological damage was incurred in the precious metals complex on Thursday as frustrated market participants got tired of waiting (as they ought to have) for the conclusion of the EU meeting and liquidated long positions en masse after sell-stops were touched during the late morning.
Spot gold cratered by over $28 to touch lows near $1,546 and to also close at the lowest level in futures since late May, while spot silver [...]
“Walker Showdown” Display at Philadelphia ANA World’s Fair of Money
The two finest collections of circulation strike Walking Liberty half dollars in the PCGS Set RegistrySM will be displayed in a "Walker Showdown" hosted by Professional Coin Grading Service.
The unparalleled display will be presented at the PCGS booth (#1605) during the American Numismatic Association World's Fair of Money in Philadelphia, Pennsylvania, August 7 - 12, 2012 [...]
Gold and Silver Prices Fall, US Eagle Coins Unchanged
Gold declined sharply Thursday amid dimming hopes that the EU summit will offer answers for euro zone debt woes. Investors looked away from riskier trades and turned toward the U.S. dollar.
Gold prices for August delivery fell $28.00, or 1.8%, to $1,550.40 an ounce on the Comex in New York [...]
2012-W $50 Uncirculated American Gold Eagle Coin Released
Collectors may order the newest annual gold numismatic release from the United States Mint. The 2012-W $50 Uncirculated American Gold Eagle Coin went on sale today, June 28, 2012, beginning at Noon (ET).
Pricing for the one ounce Gold Eagle is set at $1,828.00, but that is subject to change weekly based on the U.S. Mint's precious metal coin pricing policy [...]
US Mint Sales: Sharp Gains in Gold and Silver Coins, Products...
First time sales were reported by the U.S. Mint for new Grover Cleveland Presidential $1 Coin Covers and circulating quality El Yunque quarters from San Francisco, but it was various annual sets along with gold and silver coins that caught the eye of collectors.
84 products outperformed their prior weekly sales versus the 37 noted last week. The seven days of expanded sales was the best showing this year. In the group of overachievers [...]
D, P and S Mint Circulating Quality Quarter Sales Comparisons
Last week the United States Mint released circulating quality quarters minted in San Francisco -- a facility that has not produced a circulating quality coin with an "S" mint mark since the early 1980's.
This week's sales stats from the U.S. Mint reveal how fast the new quarters raced out of the gate. As it turns out, not so fast [...]