Monthly Archives: December 2017
Precious Metals Rally in 2017: Gold Jumps 14%, Silver Rises 7%;...
Gold futures posted their seventh straight session increase on the last trading day of 2017, padding their December and annual gains. In the process, the yellow metal notched its bets close in more than 3 months.
Gold for February delivery on Friday advanced $12.10, or 0.9%, to settle at $1,309.30 an ounce on the Comex division of the New York Mercantile Exchange [...]
Order U.S. Mint 2017 Last Chance Products by Sunday, Dec. 31
Collectors have until 11:59 p.m. ET Sunday, Dec. 31, to order United States Mint "Last Chance" products.
There are more than 150 products going off-sale forever, including Standing Liberty and Walking Liberty Centennial Gold Coins, Presidential and First Spouse issues, prior-year quarters and sets, 2016-dated Native American dollars, and 2016-dated Kennedy half-dollars [...]
PNG: U.S. Rare Coins Realize $3.4-$3.8 Billion in 2017
U.S. rare coins selling for $50,000 or more and those selling for $500 or less generally did well during 2017, according to the Professional Numismatists Guild (www.PNGdealers.org), a nonprofit organization composed of many of the top rare coin and paper money dealers.
Four historic, vintage U.S. coins sold for $1 million or more during the year; two at public auctions and two by private transactions [...]
PCGS Reveals FUN Show Label for 2018-W Proof Silver Eagle
Professional Coin Grading Service (www.PCGS.com) will offer a special label for 2018-W Proof American Silver Eagles submitted Jan. 4 to 7 during the 63rd annual Florida United Numismatists (FUN) convention in Tampa, Florida.
The United States Mint will launch the 2018-dated Silver Eagle on the same day the show kicks off, Jan. 4, giving coin show attendees a unique opportunity to own a graded coin not available to many [...]
Gold Marks 10-Week High; Nears $1,300
Precious metals futures moved ahead together for a third straight day as the U.S. dollar weakened. Several reached noteworthy highs with settlement peaks of about 17 years for palladium; 10 weeks for gold; and 4 weeks for silver.
Gold for February delivery tacked on $5.80, or 0.5%, to settle at $1,297.20 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Mint Sales: Proof 2017-W Silver Eagle Ranks Third
There's not a lot to talk about in the latest round of sales figures from the United States Mint. Maybe we'll see some pop in next week's report as a result of all the 2017 commemoratives going off-sale today.
In looking over the Mint's last six weekly sales reports, there hasn't been many ranking changes across its most popular products [...]
Gold, Silver Log Fresh 4-Week Highs
Precious metals futures advanced as a group for a second day in a row Wednesday. Gold extended its winning streak to five straight sessions and, like for silver, ended at a fresh four-week low.
Gold for February delivery climbed $3.90, or 0.3%, to settle at $1,291.40 an ounce on the Comex division of the New York Mercantile Exchange [...]
Order Deadline for 2017 Commemorative Coins is Thursday, Dec. 28
Deadlines to buy last chance U.S. Mint products are quickly approaching. The first of the agency's products to go off-sale forever are all the 2017-dated commemorative coins. They include those honoring the centennials of Boys Town and Lions Clubs International.
Laws authorizing them limit their sales to this calendar year. To provide time to fulfill and ship orders, the U.S. Mint set their sales deadline to Thursday, Dec. 28 at 11:59 p.m. ET [...]
Heritage US Currency Highlights for January 2018 FUN Auction
Heritage Auctions will present rare gold certificates and U.S. banknotes Jan. 3 to 9 in conjunction with the Florida United Numismatists (FUN) show in Tampa, Fla.
An Fr. 1218e $1,000 1882 Gold Certificate is expected to draw the most attention. Believed to be one of five in existence and one of only two available to collectors [...]
Gold and Silver Score 4-Week Highs
Precious metals futures climbed Tuesday in their start to the holiday-shortened trading week. Markets closed Monday for Christmas. Gold and silver logged four-week highs.
Gold for February delivery advanced $8.70, or 0.7%, to settle at $1,287.50 an ounce on the Comex division of the New York Mercantile Exchange [...]