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2011 May

Monthly Archives: May 2011

BEP Offers $50 Uncut Currency Sheets

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$50 Uncut Currency Sheets
$50 Uncut Currency Sheets

The Bureau of Engraving and Printing (BEP) on May 10, 2011 began offering Series 2009 $50 Uncut Currency Sheets featuring the signatures of United States Treasury Secretary Timothy Geithner and United States Treasurer Rosie Rios.

Each uncut currency sheet includes crisp, uncirculated $50 notes of varying quantities that range in price from $240.00 to $900.00. The $50 notes have a Federal Reserve Bank designation of New York [...]

Heritage June 2011 Long Beach Auction Features Silver Dollars, 82.4 Oz...

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Heritage June 2011 Long Beach Auction Coin HighlightsSilver dollars and golden treasures are among the most important highlights of Heritage Auctions' Official Auction of the June 2011 Long Beach Expo, with floor sessions held June 2-3 at the Long Beach Convention Center in Long Beach, CA.

"For more than a decade, Heritage has been the Official Auctioneer of the Long Beach Expo," said Greg Rohan, President of Heritage. "We've put together another great catalog for this year's summer installment with close to 2300 lots ready to cross the auction block." [...]

In the Lead – Bubble, Bubble On the Wall

Bullion BarsGold and other precious metals prices fell as the new trading week got underway in New York this morning and the principal culprit for the decline was identified as the rising US dollar by polled traders.

This is not to say that there were no other factors that came into the equation to help commodities values move to lower ground this morning. Chief among the "extras" was the fact that a survey focusing on [...]

Gold Prices Rise 1% on Week, Silver Edges 0.2% Higher

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Fine Gold BarsU.S precious metals advanced Friday and for the week. Euro-zone debt worries were cast as a primer for safe-having bullion buying.

Gold finished up 1.0 percent on the week and above $1,500 an ounce for the first time since giving up the level last Friday. Silver prices crept 0.2 percent higher on the week and topped $35 an ounce. Other weekly metal gains included 4.1 percent for palladium and 10 cents for platinum [...]

2011 American Buffalo Gold Proof Coin For Sale

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American Buffalo Gold Proof CoinThe United States Mint is accepting orders for the collector 2011 American Buffalo Gold Proof Coin for $1,760.00. Sales started on May 19 at noon Eastern Time.

These one ounce, .9999 fine 24-karat gold coins are the sixth issue in the series that started in 2006. They feature the same basic design by James Earle Fraser as the 1913 circulating nickel known by most as either the "Indian Head Nickel" or the "Buffalo Nickel." [...]

In The Lead – Dough 4 Gold. It REALLY Worked.

Bullion BarsGold prices turned fairly choppy soon after the opening of New York trading and ran across a range of $1,486 on the low end and up to $1506.00 on the higher end of the spectrum.

All was still not well in the silver pits however, as the white metal dropped to $34.34 losing 60 cents in the process. The US dollar's gains and a hefty, $1.69 drop in black gold were blamed by traders we contacted in New York [...]

Yellowstone National Park Silver Coin Sales Top $5.1M on First Day

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Yellowstone National Park Silver Uncirculated CoinThe Yellowstone National Park 5 Oz Silver Uncirculated Coin enjoyed robust sales out of the gate. 18,143, or 68.2 percent, of the collector coins were purchased on the first day they went on sale, leaving 8,587 on the table for other buyers.

Opening demand for the second five ounce coin closely matched the first. Buyers scooped up about [...]

Ulysses S. Grant Presidential $1 Coin Released, $25 Rolls on Sale

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Ulysses S. Grant Presidential DollarThe United States Mint today at noon ET released $25 dollar rolls of Ulysses S. Grant Presidential $1 coins honoring the 18th President of the U.S. and a Civil War Hero.

The Mint and National Park Service officially introduced the Grant dollar during a coin launch ceremony held at the Ulysses S. Grant National Historic Site in St. Louis, Missouri. A coin exchange followed the event, and $1 coins were released into the banking system for circulation [...]

PNG Calls for 2011 Award Nominations

PNG LogoNominations now are being accepted for the 2011 Professional Numismatists Guild awards, according to PNG Executive Director Robert Brueggeman and President Paul Montgomery.

"The awards formally recognize achievements in various areas of the hobby and profession, and we welcome nominations from collectors and dealers," said Brueggeman [...]

Gold and Silver Ease Lower

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Fine Gold BarsU.S gold and silver prices eased slightly lower Thursday, tagging along with weaker crude oil prices and despite disappointing U.S. economic reports that pressured the dollar.

June gold prices declined $3.40, or 0.2 percent, to close at $1,492.40 an ounce on the Comex in New York. The yellow metal traded between 1,485.80 and $1,499.60 [...]