Yearly Archives: 2010
Gold Prices Settle 1.5% Higher, Silver Rises Modestly
Gold prices rose 1.5% Tuesday as a deadly North Korean missile attack on South Korea rocked markets.
Other precious metals climbed as well, but much more modestly. Silver gained 0.4 percent, platinum added 0.1 percent and palladium rose 0.9 percent [...]
Gold, Silver, Metal Prices Commentary for Nov. 23, 2010
Geopolitical turmoil made an unwelcome reappearance on the scene overnight as North Korea's 200-plus artillery shells landed on South Korean territory and prompted return fire as well as the scrambling of the latter's fighter jets.
Gold prices were initially held in check as attempts to build on geopolitically induced gains were countervailed by mounting weakness in the euro. That was true up to a point only, however. Gold has historically shown strong bids in the wake of projectiles flying between countries, and this morning was no different [...]
2010 America the Beautiful Quarters Uncirculated Coin Set Available
The US Mint today, November 23, at Noon ET placed the 2010 America the Beautiful Quarters Uncirculated Coin Set on sale for a price of $21.95.
The release marks the completion of the Mint's busiest patch of product launches, and is the last from its numismatic November 2010 product schedule. It is also the final America the Beautiful Quarters® product release in 2010 [...]
2010 Proof Silver Eagle Sales Start at 273,212
2010 Proof Silver Eagle sales erupted with 273,212 sold in less than three days, according to the latest US Mint sales figures.
Collectors handed out a whopping $12.5+ million in total to acquire the Proof Silver Eagle between its launch on Friday, November 19, 2010 and Sunday [...]
2010 Silver Eagle Scores Three Records
Three new records for the 2010 Silver Eagle were set at various points in November: best annual sales, best Silver Eagle mintage, and the best ever month.
Striking as well is the fact that each of the new records have not yet peaked -- there is more than a week of sales remaining in November, and the annual mintage and sales levels will climb higher through December [...]
US Mint Ceremony Introduces Mount Hood National Forest Quarter
With a definite chill in the air outside, the US Mint in association with the United States Forest Service officially unveiled Oregon's 2010 Mount Hood National Forest Quarter to a standing room only crowd.
On Wednesday, November 17, 2010, the ceremony began at 10:30 AM Pacific Time (PT) and took place inside of Portland's World Forestry Center located just a few miles from the border of the national forest [...]
Bowers and Merena Auction Realizes $13.2 Million
Bowers and Merena saw spirited bidding as the Official Auctioneer of the November 2010 Whitman Coin & Collectibles Baltimore Expo.
Nearly 3,900 lots of rare US coins and currency crossed the auction block in the Nov. 4-6 sale and realized $11.6 million. Ponterio & Associates, Bowers and Merena's world and ancient coin division, brought over 2,900 lots and added an additional $1.6 million to the sale [...]
Gold Prices Fall for Second Week, Silver Surge 4.8%
Precious metals were mixed this week as platinum and gold prices retreated while palladium and silver prices rallied. American Eagle bullion coins soared.
For a quick snapshot in weekly New York futures prices, gold lost 1%, silver rallied 4.8%, platinum declined 0.8%, palladium jumped 4.5%, and crude oil fell 4.0% [...]
US Mint 2010 Proof Silver Eagle Debuts
The much anticipated 2010 Proof Silver Eagle went on sale today at 12:00 Noon ET. The US Mint price for the proof coin is $45.95, plus the standard handling charge of $4.95 per order. A per household order limit of 100 coins is in place.
Opening demand for the proof is expected to be fierce, with the Mint's online store warning [...]
Gold, Silver, Metal Prices Commentary for Nov. 19, 2010
Spot gold bullion dealings opened their final session of the week trending lower despite a relatively flat US dollar (at 78.50 on the index, showing only a 0.03% decline), but with an eye towards the implications of China's on-going resolve to quarantine and (at least partially) neutralize the inflation bogey.
Gold was quoted at $1,348.40 per ounce (a loss of $5.10) as the market opened for what might once again turn out to be a choppy and unpredictable session [...]