Monthly Archives: July 2010
Bullion Prices and Business July 2010 Review
PCGS Expands Submission Levels For Possible Plus (+) Designation
Ancient Tetradrachm Featured in Heritage Boston ANA Auction
A nearly 2,500-year old silver coin of Rhegion, an ancient Greek city located in would become Italy, is expected to bring upwards of $25,000 at the Heritage Signature® Auction of Ancient and World Coins at the ANA World's Fair of Money in Boston, Thursday, Aug. 12, starting at 6 p.m.
The silver tetradrachm – lot number 20007 – a coin about the diameter of a quarter but much thicker and heavier, depicts the stylized head of a lion on the obverse and a profile portrait of Apollo, Greek god of wisdom and enlightenment, on the reverse. It was struck between 415 and 387 BC, a time when the Greek cities of Italy and Sicily were competing with each other and with Carthage in North Africa for control of the western Mediterranean.
Gold, Silver, Metal Prices Commentary – July 30, 2010
Gold Prices Rise Above $1171/oz, Silver Advances
US Mint Sales: Sets and Gold Coins Big Gainers
The United States Mint reported a second week of rising sales, as the 2010 Proof Set attracted buyers en masse and cheaper prices lifted gold coin products.
Proof gold Buffalos rallied higher for a second straight week, and demand climbed for all eight First Spouse Gold Coins -- that has not happened since the beginning of June when the Jane Pierce options were issued. There may be other reasons in play, but their price cuts last Wednesday were a factor.