Monthly Archives: March 2019
Gold Climbs in First Quarter 2019; US Mint Bullion Sales Strengthen
Precious metals futures ended ahead Friday but they remained in negative territory for the month. In the longer stretch, all but silver posted an increase in the first quarter of 2019.
Gold for June delivery on Friday rose $3.20, or 0.3%, to settle at $1,298.50 an ounce on the Comex division of the New York Mercantile Exchange [...]
American Memorial Park Quarter Ceremony, Coin Exchange and Public Forum
In late April, the United States Mint and the National Park Service will officially introduce the quarter celebrating American Memorial Park in the Commonwealth of the Northern Mariana Islands. This year's second quarter ceremony will take place at the park's amphitheater on Tuesday, April 30.
Two conjoining events support the quarter's public release. A coin forum sponsored by U.S. Mint officials is scheduled on the evening before the ceremony, and then there will be a traditional coin exchange right after the ceremony ends. These events are free and open to the public [...]
PNG Clarifies Ethics Language on Counterfeit Coins
Recently adopted anti-counterfeiting language in the Bylaws of the Professional Numismatists Guild (www.PNGdealers.org) has been revised to clarify the organization's commitment to fighting against modern fakes entering the marketplace.
PNG leaders also have now amended anti-counterfeiting language in their Code of Ethics [...]
US Mint Sales: 2019 Proof Set Hits 261,000
The bonus Lincoln cent included with the purchase of every 2019 Proof Set is boosting sales. The set has led the popularity race among U.S. Mint products since its release in early March.
In the latest round of weekly sales stats, the set climbed by 11,204 units for a 24-day total of 261,000. In contrast, it took more than 3-1/2 months for last year's set to reach the same level [...]
Gold Falls Below $1,300; Palladium Tumbles 7.9%
Precious metals were pounded lower Thursday as the U.S. dollar firmed. Palladium dived nearly 8%, silver marked a more than three-month low, and gold finished below $1,300 an ounce for the first time since the middle of the month.
Gold for June delivery -- the new, most active contract -- declined $21.60, or 1.6%, to settle at $1,295.30 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the lowest since March 14 [...]
U.S. Mint Releases 2019 Explore and Discover Coin Set for Young...
The United States Mint just released another product for young collectors, the 2019 Explore and Discover Coin Set™.
Featuring six coins, a blank, a magnifying glass, an activity book and a coin folder with teaching U.S. Mint Mighty Minters™ characters, the product presents a unique way of introducing young kids to coin collecting [...]
Palladium Sinks 6.2%, Gold Slips 0.4%
Precious metals declined in the mid-week trading session Wednesday. Losses ranged from 0.4% for gold to 6.2% for palladium.
Gold for April delivery stepped down $4.60, or 0.4%, to end at $1,310.40 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the weakest since Thursday, March 21 [...]
PMG-Certified China 1975 2 Yuan Proof Brings $240,000
A stunning China 1975 2 Yuan Proof that was certified by Paper Money Guaranty® (PMG) was the star of a Stack's Bowers paper money auction held March 25 in Hong Kong.
Graded PMG 62 Uncirculated, the note was the top lot in the auction, realizing $240,000 (USD), far above its pre-auction estimate of $75,000 to $100,000 [...]
Gold, Silver Slip from 1-Month Highs
Precious metals ended mostly lower Tuesday. Not platinum, which advanced for a second day in a row. Gold and silver, meanwhile, slipped from their one-month highs.
Gold for April delivery declined $7.60, or 0.6%, to settle at $1,315 an ounce on the Comex division of the New York Mercantile Exchange [...]
2019 Quarters Issued in 10-Coin Uncirculated Set for Collectors
At noon ET today, March 26, the United States Mint will release its 10-coin set of uncirculated 2019 quarters.
Contained in this annual set for collectors are coins with one-year-only reverse designs that are issued as part of the U.S. Mint's America the Beautiful Quarters® Program. The series honors sites of national interest at a rate of five per year. This year's quarter designs celebrate the following national sites [...]