Yearly Archives: 2010
Bullion Prices & Business Weekend Recap – June 12, 2010
PCGS Specials at June 2010 Baltimore Expo
2010 American Buffalo Gold Proof Coins Earn $22.7M in Sales Debut
The United States Mint started selling 2010 $50 American Buffalo Gold Proof Coins on Thursday, June 3.
Their opening $1,510.00 price did not deter buyers who ordered 15,071 coins as of Thursday, June 10, according to U.S. Mint reported sales.
That equates to $22,757,210 in gross revenue for the Mint with a premium on release day of $295.00, or 19.5 percent -- lower than the 2009s, based on the London fix gold price of $1,510.00.
By comparison, 2009 Buffalos proofs opened with 19.5K in sales during a shorter stretch of days. They enjoyed a more receptive environment as a result of their early November launch -- a time when...
Gold Rises; Silver, Metal Prices Commentary – June 11, 2010
2010 Australia Mini Roo 0.5 Gram Gold Coin on Sale
Introducing one of the most unique legal tender gold coins in the world, the Perth Mint of Australia has made available the very first 2010 Mini Roo 0.5g Gold Coin that features a one-year-only miniature kangaroo design that will change annually.
Containing 0.5 grams of 99.99% pure gold and at price point of AUS $45.51 (~US $38), the Mini Roo offers the public an affordable option to purchase a coin struck from 24-karat gold. The Perth Mint is no stranger to Kangaroo gold coins. It has been producing versions of them since 1990. The gold pieces are known the world over for the investment opportunities.
US Mint Sales: Two First Spouse Gold Coins End, Pierce Added
Several new lines are added to this week's United States Mint coin sales tables.
The U.S. Mint introduced three new product groups last week, but it also stopped selling four coins -- the proof and uncirculated Letitia Tyler and Julia Tyler First Spouse Gold Coins.
Jane Pierce First Spouse Gold Coins were released on Thursday, June 3. Their opening sales were not exactly robust compared to other debuting first lady offerings, but then they also launched at the highest price points for the series with the proof at $779 and the uncirculated listed at $766. Their respective Thursday to Sunday sales were 1,579 and 855. By comparison, the prior 2010 Abigail Fillmore First Spouse Gold Coins opened with sales of of 1,824 and 1,057.
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Gold Slips; Silver, Metal Prices Commentary – June 10, 2010
Texas Coin Dealers Reward Students in Houston
Students at Jack Yates High School in Houston who achieved outstanding performance levels this year in standardized tests recently were rewarded with silver coins donated by three Texas rare coin dealers.
Teacher Ralph Ross (back row, far left), Johnny Duncan of U.S. Coins and Mike Fuljenz of Universal Coin & Bullion (front row) with some members of the Lion Coin Club at Jack Yates High School in Houston, Texas. (Photo courtesy of Ralph Ross.)
Ralph Ross, a physics and math teacher at the Title 1 school, uses old coins to help students understand history, art, politics and science, and he enlisted the dealers' help to honor high-performing students.
Former school teacher and principal Mike Fuljenz of Universal Coin & Bullion in Beaumont, Johnny Duncan of U.S. Coins in Houston and Steve Ivy of Heritage Auction Galleries in Dallas donated 2010-dated silver American Eagles struck by the United States Mint.