Yearly Archives: 2010
October 2010 Silver Eagle Bullion Coins Surged, Sales Near Annual Record
Sales of American Silver Eagle bullion coins surged in October 2010, breaking a string of four straight monthly declines and reaching near an all-time annual high. It was the best October ever for the series which was introduced in 1986 [...]
Heritage COINFEST Auction Realizes $9.42 Million
Rare U.S. Coins continue to provide for steady, even stellar prices in a crawling national economy, as evidenced by Heritage's $9.42 million COINFEST Signature® U.S. Coin Auction, held Oct. 27-30 at the Marriot Hotel & Spa in Stamford, CT, and by the auction's top lot, a magnificent 1879 Washlady dollar, which brought $161,000 [...]
Gold, Silver, Metal Prices Commentary – November 2, 2010
Precious metals markets recorded small gains as they opened for business in New York this morning. Most of the action to the upside in gold was US dollar related (what else is new these days?) as the latter struggled to maintain the 77 level on the trade-weighted index. The yellow metal opened with a $5.30 per ounce gain, quoted at $1,356.60 bid, showing signs that the pre-Fed "certainty" premium was not about to dissipate; certainly not with a weaker dollar still on the scene [...]
Bowers and Merena 2010 Baltimore Auction Features Rare US Coins
Bowers and Merena, one of the world's preeminent auctioneers for rare coins and currency, will conduct the official auction of the November 2010 Whitman Coin & Collectibles Baltimore Expo.
Scheduled for November 4-5 at the Baltimore Convention Center, the sale will present more than 3,500 lots of important United States coins and currency [...]
Mount Hood Quarter Release Ceremony at World Forestry Center Nov. 17
This month the Mount Hood National Forest Quarter for Oregon will launch, completing this year's release of all five 2010 America the Beautiful Quarters.
The Mount Hood quarter will enter circulation beginning November 15, 2010 -- the U.S. Mint will also offer bags and rolls of the coins on the same day, and the 25-cent piece will be officially revealed November 17, 2010, in a ceremony at World Forestry Center [...]
Gold, Silver, Metal Prices Commentary – November 1, 2010
Halloween-induced heart palpitations will prove to have been 'junior league' as the 'mother-of-all-market-weeks' gets underway today. Precious metals continued to benefit from the US dollar's overnight weakness (it basically orbited around either side of the 77 mark on the index) and opened the first session of November on a fairly firm footing, not looking as if corrections of any significant size were in the making
Spot gold bullion started the week off with a 90-cent decline and was quoted at $1,358.90 the ounce. Clearly, a wait-and-see attitude in advance of the Fed, but one that is not willing to give up the recently built-up 'premium' which brought the yellow metal back from the $1,320s up to the mid $1,360s during the past week [...]
2010 Gold Eagle Proof Coin Product Sells Out
Buyers stopping by the U.S. Mint's website this weekend to purchase the standalone one-ounce 2010 Gold Eagle Proof coin discovered all 25,000 had been ordered.
While the Mint is not yet officially calling the product a sell out, customers must place an order to join a standby list and then hope one of the 25,000 prior orders is canceled [...]
Gold and Silver Prices Soar in October, Mark Third Month of...
Precious metals rallied Friday for a second consecutive day as the U.S dollar dipped and gold prices surged toward $1,360 an ounce. The yellow metal capped its third straight monthly gain and has posted six weekly increases in seven weeks.
Speculation that the Fed will weaken the greenback with a second round of monetary easing supported gold. Prices shot up 2.5 percent this week after falling 3.4 percent last week [...]
Gold, Silver, Metal Prices Commentary – October 29, 2010
Another overnight period of broad ranges and of pre-guessing the US Fed unfolded in the precious metals complex, most of it being subject once again to the fluctuations in the US dollar. Gold prices traded with the $1,335 - $1,355 channel, silver saw a near 50 cent range and platinum and palladium also swung within $20-$30 spans [...]
2012 America the Beautiful Quarter Designs Revealed
There will be five 2012 America the Beautiful Quarters featuring reverse designs representing selected sites located within Puerto Rico, New Mexico, Maine, Hawaii, and Alaska.
Already preparing for their release, the U.S. Mint has created and offered up for review 24 candidate designs that are emblematic of the four national parks and one national forest that will be honored in 2012, which is the third year of the America the Beautiful Quarters® Program [...]