Yearly Archives: 2011
PCGS Million Dollar Coin Club Now Includes 235 Coins Valued at...
The second annual PCGS Million Dollar Coin Club reference guide has been unveiled by Professional Coin Grading Service.
Originally launched in January 2010 with 210 "charter member" United States rare coins valued by experts at $1 million or more each, the "club" now has grown to include 235 coins with a combined value of over a half billion dollars [...]
Silver Soars to 31-Year High, Gold Hits 5-Week High
U.S. precious metals prices rose Thursday, with gold closing to its best level in five weeks and silver surging to a 31-year high.
April gold prices advanced $10, or 0.7 percent, to $1,385.10 an ounce on the Comex in New York -- its best settlement price since January 13. Gold ranged between $1,374.60 and $1,385.00 an ounce [...]
Bassackwardation – Thursday Kitcommentary
Spot gold trading opened with a $5.60 per ounce gain this morning, and the precious metal was quoted at $1,381.20 on the bid side.
Silver added 11 cents to open at the $30.59 level on the bid side and it later touched and then backed off of the $31.00 round figure resistance point. For a fourth time now, silver is bumping up against major [...]
US Mint Sales: Annual Sets Continue to Dominate
2011 sets continue to dominate US Mint collector product sales. That is hardly surprising as the Mint has released its three most popular annual sets in two-week increments since early January.
What is surprising is the 73,789 weekly advance of the 2011 Proof Set. Aside from its debuting burst [...]
Gold and Other Precious Metals Little Changed
U.S. gold and other precious metals prices were nearly unchanged Wednesday.
April gold prices finished up $1, or 0.1 percent, to $1,375.10 an ounce on the Comex in New York. Gold ranged between $1,368.30 and $1,382.70 an ounce. The high came after Israel said two Iranian warships intended to move through [...]
Heritage February 2011 Long Beach US Coin Auction Realizes $8.596M
Collectors put particular emphasis on acquiring high-grade Saint-Gaudens coinage in Heritage's $8.596 million Long Beach Signature® U.S. Coin Auction, February 5-6, 2011, at the Long Beach Convention Center.
The auction saw a 94% sell-through rate by value and 97% sell-through rate by lot. All prices below include 15% Buyer's Premium [...]
2011 Mint Set Sales Debut at 191,391
The uncirculated 2011 Mint Set, one of several core United States Mint annual products, got off to a solid start.
Although similar to the 2011 Silver Proof Set and the 2011 Proof Set, its sales debut was slower as compared to past years. But that theme has been a common trend across many products for the last several years [...]
US Mint Numismatic Gold Coins Poised for Price Increases
The American Buffalo Gold Proof Coin and all First Spouse Gold Coins are poised for prices increases Wednesday, based on the United States Mint's policy to adjust its numismatic gold products depending on the prevailing price of gold.
The threshold for the US Mint's current gold coin pricing is based on a London gold Fix weekly average of between $1,300.00 and $1,349.99 an ounce [...]
Gold Hits 4-Week High, Silver Reaches Fresh 6-Week High
U.S. gold prices reached a four-week high Tuesday as weakness in the U.S. dollar and heightened inflation concerns added to the yellow metal's appeal.
April gold prices advanced $9.00, or 0.7 percent, to $1,374.10 an ounce on the Comex in New York -- its best closing price since January 13. Gold ranged [...]
2011 Kennedy Half Dollar Rolls and Bags Released
The United States Mint today made available rolls and bags of 2011 Kennedy Half Dollars.
The bags are priced at $134.95 and include a face value of $100 -- 100 coins from the Philadelphia Mint and another 100 from the Denver Mint.
The two-roll sets are listed at $34.95. Each roll contains 20 Kennedy Halves that [...]