Monthly Archives: January 2011
Heritage’s Largest World & Ancient Coins Auction Tops $9.28M
Collectors from all over the world descended on New York City on January 2 and 3 to take part in Heritage Auctions' Signature® World & Ancient Coins Auction at the Waldorf-Astoria, coinciding with the New York International Numismatic Convention (NYINC), where a deep lineup of stunning and rare coins realized more than $9.28 million in total, including 15% Buyer's Premium.
"What the overall results of this auction show is the continued steady strength in the World and Ancient Coin market," said Cristiano Bierrenbach [...]
2011 U.S. Army Commemorative Coins in Gold, Silver and Clad
The United States Mint today, January 31, 2011, released at special introductory prices its new series of 2011 U.S. Army Commemorative Coins which celebrate the founding and history of the U.S. Army.
For the first time since 2008, collectors can purchase the commemoratives in gold, silver and clad and in either proof or uncirculated qualities, bringing the total available U.S. Army Commemorative Coins to six [...]
Flight Club – Monday Kitcommentary
The Friday rebound in gold, largely induced by the escalating turmoil in Egypt, came to an abrupt halt this morning, despite declarations that "capitulation" was over and despite a renewed salvo of assurances that gold does not find itself in a bubble.
Gold's Monday morning fall -basically a give-back of about half of last Friday's gains- came despite a significant slippage in the US dollar (down 0.62 on the index, to the 77.70 level). [...]
Gold Rallies Most in 3 Months, Silver Advances 3.3%
Gold prices rallied the most in three months Friday after falling to their lowest level in nearly four months during the previous session. Safe-haven demand amid rising protests in Egypt was attributed to the gains.
April gold prices rose $21.90, or 1.7 percent, to $1,341.70 an ounce on the Comex in New York, reversing an expected weekly loss to a gain of 0.1 percent. Friday's jump was the biggest one-day advance [...]
US Mint 2011 Product Schedule and Prices
The United States Mint has taken a new approach in coin releases that goes beyond offering core numismatic products early, like the already issued clad and silver proof sets.
The US Mint on its website has made available a 2011 product schedule that ranges from January through December. And it has published prices for those products through the [...]
Over the Hedge? Apparently – Friday Kitcommentary
Overnight follow-through selling continued in gold and brought it to within $6 of the $1,300.00 mark at one point. The nearly incessant flow of gold ounces out of global ETFs resulted in their cumulative balances having fallen back to levels not seen since June of last year.
As things stood this morning, the yellow metal was on course to complete its fourth week-on-week drop as well as the most extended declining trend in nearly one year [...]
Stack’s-Bowers to Exhibit Historic 1792 Half Disme at Long Beach Coin...
A classic early American rarity, the rainbow-toned 1792 half disme, graded NGC MS-68, will be exhibited during the first two days of the Long Beach Coin, Stamp & Collectibles Expo on Thursday and Friday, February 3 and 4, 2011.
This historic coin is the finest known surviving 1792 half disme and was acquired in 2007 by the Cardinal Collection Educational Foundation of Sunnyvale, California for a record $1.5 million. It will be displayed courtesy of Stack's-Bowers Numismatics at Expo booth 502 in the Long Beach [...]
Gold Retreats Toward 4-Month Low, Silver Declines
Gold and silver prices fell Thursday after climbing higher during the previous session. Gold dropped the furthest, nearly reaching a four-month low.
February gold prices declined $14.60, or 1.1 percent, to $1,318.40 an ounce on the Comex in New York. It was the lowest closing level for [...]
Gettysburg National Military Park Quarters Available
United States Mint bags and rolls of the 2011 Gettysburg National Military Park Quarter were released today at noon ET. The design on the reverse of the coin honors the national park which is in Pennsylvania.
The Gettysburg quarter is the first 25-cent piece issued this year, and it is the sixth in the America the Beautiful Quarters® series which began last year.
The Gettysburg quarter two-roll set is $39.95. One roll contains 40 quarter-dollars [...]
US Mint Sales: Gold and Silver Eagles Sleeping
It was another week of mostly slowing sales for US Mint products, including its headline-making bullion American Gold and Silver Eagles.
After US Mint Silver Eagles jumped out of the gate in early January to snatch a new all-time monthly record, not a single sale has been recorded since Friday. In weekly gains, a modest 136,000 were purchased -- one of the slowest levels in [...]