Yearly Archives: 2011
2012 Redbook of U.S. Coins Available for Pre-Order
One of the most valuable tools available to even the most casual of coin collectors is due to be released in an updated issue -- the 2012 Redbook of U.S. Coins.
Whitman Publishing is currently offering free shipping on entire orders which include at least one of the four different 2012 Redbook versions it sells. Other coin collecting supply stores are beginning to offer them as well. Wizard Coin Supply currently has each version available for pre-order at half price [...]
Canadian Coins Feature Princes William, Harry and Charles
The Royal Canadian Mint is proud to celebrate Canada's 144 year-old royal heritage and its own tradition of crafting royal-themed coins with a trio of ultra-high relief, sterling silver coins featuring Princes William, Harry and Charles.
As the world awaits the wedding of Prince William and Catherine Middleton, the first two coins of this limited-edition sterling silver series, featuring Prince William and Prince Harry (Henry), will be available to the public on March 15, 2011 [...]
The Ten Percent Solution – Wednesday Kitcommentary
Gold was bid at $1,435.70 per ounce (up $6.80) in New York, while silver advanced 27 cents to open at $36.32 on the bid side. Platinum and palladium gained $8 and $7 respectively, with the former opening at $1,813.00 and the latter showing a bid at $797.00 per troy ounce.
Prices are thought to continue to receive support from the yet-to-be-resolved Libyan situation, but there are also more and more caution flags being raised about gold and silver's future price prospects, interim gains to new possible records notwithstanding [...]
Gold Dips Below $1430, Silver Declines 0.6%
U.S. gold and silver prices retreated Tuesday, with gold dropping below $1,430 an ounce and silver retreating under $35.70 an ounce. Factors cited for losses include a rebounding U.S. dollar, easing oil prices and profit-taking.
April gold prices retreated $7.30, or 0.5 percent, to $1,427.20 an ounce on the Comex in New York [...]
Stack’s Bowers Galleries 2011 Baltimore Auction Features 5,100+ US Coin, Currency...
Stack's Bowers Galleries will conduct the official auction of the March 2011 Whitman Coin & Collectibles Baltimore Expo.
The Stack's Bowers Galleries March 2011 Baltimore Auction will feature 7,690 total lots, including nearly 4,250 lots of U.S. coins and exonumia and an additional 850+ lots of U.S. currency.
According to Stack's Bowers Galleries president Chris Napolitano [...]
Let’s Get Physical. Just not Yet. – Tuesday Kitcommentary
Spot precious metals dealings opened on a weak-to-lower note this morning, as recurring rumors of a deal between Mr. Gaddafi and Libyan rebels continued to pressure oil prices and bolstered the US dollar.
Gold opened at $1,432.90 with a gain of $1.80 per ounce, while silver advanced 30 cents to start the session off at the $36.27 mark per ounce [...]
US Mint Reviews Product Pricing for Silver Coins and Sets
The United States Mint is reviewing the pricing of its silver products due to soaring silver prices, according to a US Mint official. Sales of at least one of its silver sets have been suspended until the review process is complete.
The Mint currently has a pricing policy in place for its numismatic gold coins. Based on it and the prevailing cost of gold, the US Mint may adjust collector gold coin prices weekly. It does not have a similar pricing system in place for its numismatic silver products [...]
Gold Pares Gains, Silver Prices Reach $36.75
U.S. gold and silver on Monday reached respective highs of $1,445.70 and $36.75 as rising oil prices and violence in Libya prompted safe-haven buying. Both metals eventually gave back a portion of their gains as profit-taking emerged.
Platinum and palladium moved opposite of gold and silver, with palladium plummeting the most at 2.4 percent [...]
Heritage and Gemini CICF Auction to Offer Ancient Coins Valued at...
A silver decadrachm of Athens struck 2,500 years ago, a silver tetradrachm of Naxos in Sicily struck circa 430 BC and a remarkable offering of Roman gold coins – spanning the history of the Empire – highlight the first joint auction held by Heritage Auctions and Gemini Numismatic Auctions, slated for April 14, 2011 during the Chicago International Coin Fair (CICF).
The joint Heritage-Gemini auction will include more than 552 Greek, Roman, Byzantine and medieval coins with individual estimates ranging from $500 to $875,000 and a cumulative estimated value of more than $3.5 million [...]
FTC’s Gold Consumer Alert Revisions Praised by Leaders of PNG, ICTA...
Leaders of three coin and precious metals hobby and professional groups are praising the Federal Trade Commission for acting on their suggested changes to the FTC's 2010 online consumer advisory entitled "Investing in Gold? What's the Rush?"
Some hobby and trade leaders were concerned that the original advisory contained some language that might be detrimental to reputable gold dealers and discourage collectors from acquiring gold coinage [...]