2011

Yearly Archives: 2011

Gold, Silver and Palladium Prices Dip Slightly, Platinum Falls

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Fine Gold Bars

U.S. gold, silver and palladium prices edged down Thursday. Gold was hurt by a stronger dollar. Platinum fell hardest of the other precious metals.

April gold prices lost $3.00, or 0.2 percent, to $1,362.50 an ounce on the Comex in New York. Gold ranged from $1,351.40 to $1,366.80 [...]

US Mint Sales: 2011 Sets Draw Solid Numbers

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Mint CoinsNewly released coins and sets dominated the sales charts in the latest round of figures published by the US Mint. Several older-dated numismatic products also picked up a touch.

Although the new US Mint annual sets have started slower, weekly sales increases continue to top the 20,000 level [...]

Manning The Inflation Battle Stations? – Thursday Kitcommentary

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Bullion Bars

Speaking of New York, spot precious metals dealing opened the Thursday session with assorted losses; some larger than others, but most of them due to the combination of a sharply higher US dollar (up 0.61 on the trade-weighted index) and a slump in the commodities' complex brought about in part at least, but the aforementioned signs that enough is enough when it comes to perpetually re-written price tags for various essentials [...]

Gold and Silver Prices Edge Higher

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Fine Gold Bars

U.S. gold and silver prices settled modestly higher Wednesday following strong gains during the previous session.

April gold prices ended up $1.40, or 0.1 percent, to $1,365.50 an ounce on the Comex in New York -- its best price since January 19. Gold ranged from $1,358.30 to $1,367.70 [...]

2011 First Spouse Gold Coin Design Images Unveiled by US Mint

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2011 First Spouse Gold Coin Designs

2011 First Spouse Gold Coin Design ImagesThe United States Mint has unveiled the final design images for the 2011 First Spouse Gold Coins featuring the wives of Presidents Johnson, Grant, Hayes, and Garfield.

These men will be depicted in 2011 on Presidential $1 clad coins released into circulation while their spouses will be honored on $10 gold collector pieces sold by the US Mint directly to the public [...]

Gold Prices Jump 1.2%, Silver Surges Above $30

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Fine Gold Bars

U.S. gold rose 1.2 percent and to a three-week high Tuesday as inflation concerns were heightened following news that China raised its interest rates.

Silver was the biggest jumper in precious metals, returning to above $30 an ounce and a level not seen since early January.

April gold prices rose $15.90 to $1,364.10 an ounce on the [...]

2011 U.S. Army Commemorative Coins Sales Debut

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U.S. Army Commemorative Gold, Silver and Clad Coins

The United States Mint today published the debuting sales figures for the 2011 United States Army Commemorative Coins.

The six Army Commemorative Coins in gold, silver, and clad compositions with both proof and uncirculated versions went on sale Monday, January 31, 2011 [...]

Uncirculated 2011 Mint Set Released

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2011 Mint Set

2011 Mint SetThe United States Mint today, February 8, released its uncirculated 2011 Mint Set for a price of $31.95.

Its release date was first officially announced in September and is a part of a US Mint plan to issue core annual products earlier in the year.

While many coin collectors will describe the new product simply as the "2011 Mint Set," its official registered name is the [...]

Collateral Consequences – Tuesday Kitcommentary

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Bullion Bars

After the first hour of trading in New York the snapshot price check indicated gold ahead by $10.00 an ounce, at $1,362.1o on the bid-side.

CFTC data continued to reveal that speculative interest in gold bullion is still waning -- to the benefit of other, apparently more 'attractive' metals. The shrinkage in long gold positions (10,500+ contracts lost in the latest reporting week) continued for a fifth week last week, despite the apparent recovery in bullion values [...]

NGC Certifies Unpublished 1892-CC $10 Gold Eagle Triple Die Variety

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Close Up of 1892 Carson City $10 Gold Eagle Variety

1892-CC $10 gold eagle coinNumismatic Guaranty Corporation (NGC) has announced that they have certified a significant Carson City Variety.

A coin submitted to NCS for conservation followed by NGC grading has turned out to be an unpublished variety.

This gold eagle coined at the Carson City Mint in 1892 bears a distinctly tripled reverse [...]