Friday, May 17, 2024
2009 February

Monthly Archives: February 2009

ANA to Host 2009-11 Board Candidates Forum at Portland National Money...

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The American Numismatic Association will host a 2009-11 Board of Governors Candidates Forum on Saturday, March 14 at the Portland National Money Show.™ The...

Gold Uncirculated American Eagle 1 oz Coin Sold Out

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Just two 2008-W American Eagle Gold Uncirculated Coin options remain from the United States Mint. The one ounce size sold out, and was pulled...

Gold $26 Below All-Time High

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Gold prices rose Wednesday for the second straight day as oil continued to drop, albeit slightly, while major US indexes were flat. New York...

BEP Prints 489.6 Million Notes Worth $20.3 Billion in January

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The U.S. government in January printed more notes with a higher total value compared to December, according to Bureau of Engraving and Printing (BEP)...

Gold Surges to 7-Month High, Silver Above $14

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Gold prices hit a 7-month high Tuesday as oil tumbled along with U.S. stocks as economic concerns drove investors to safe-haven purchases. New...

Harrison Presidential $1 Coins Launched in US Mint Ceremony

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William Henry Harrison Presidential $1 Coins were officially launched in a ceremonial release on Presidents Day (Monday) by the United States Mint. The event...

Numismatic News and Blog Headlines – Feb 17

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Four numismatic articles are referenced on CoinNews every Tuesday and Thursday. These articles are not authored by us, but we recommend collectors read...

PCGS Grades First Submitted 2009 Ultra High Relief $20 MS70

First PCGS Graded 2009 Ultra High Relief $20 Double EagleThe first new 2009 Ultra High Relief Double Eagle Gold Coin was certified by Professional Coin Grading Service (PCGS) on Friday, February 13.  It was graded Mint State 70.

 

"We were thrilled to examine the first submitted example of this eagerly anticipated modern masterpiece. 

It's one of the finest designs ever created for United States coinage and a testament to the excellence of the United States Mint," said Don Willis, President of PCGS, a division of Collectors Universe, Inc. (NASDAQ: CLCT). 

 

The coin was submitted by collector Charles Camp of Savannah, Georgia who said he was thrilled with the certification: "I've always been a big admirer of PCGS, and I think it's a great thing."

 

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US Mint Makes $2.8 Billion in Sales

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The just released 2008 United States Mint Annual Report offers a candid assessment on the performance of the US Mint that highlights both the good and the bad, and mixes in challenges and strategies. At the end of the fiscal year, the agency generated sales of more than $2.8 billion and made history in creating 126 coin designs -- both good. But the Mint also earned less than it did in 2007 -- one of several disappointments for the year.

United States Mint Financial Highlights for FY2008

2008 proved to be robust for the Mint's numismatic and bullion coin programs. Each realized an increased net income of 22.7 percent and 295.6 percent. Demand for bullion coins popped with total sales registering an impressive $948.8 million. Collector coins came in second, pulling in $527.6 million.

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Bullion & Business Weekend Report – Feb 14

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Precious metals bounced higher on the week while oil moved markedly lower despite an exceptionally strong Friday. U.S. stocks closed lower and European stocks...