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2012 February

Monthly Archives: February 2012

US Mint Releases 2012 Infantry Soldier Silver Dollars

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Proof and Uncirculated 2012 Infantry Soldier Silver Dollars

Proof and Uncirculated 2012 Infantry Soldier Silver DollarsThe United States Mint on Thursday, February 16, 2012, released the 2012 Infantry Soldier Silver Dollars and the Defenders of Freedom Set.

The commemorative coins recognize the legacy of the U.S. Army Infantry and celebrate the establishment of the National Infantry Museum and Soldier Center [...]

Gold and Silver Prices Rise, US Bullion Coins Gain

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Fine Gold BarsGold rebounded Wednesday after falling for three straight sessions and logging its longest slump of the year. Gains in gold were attributed to bargain hunters, tensions between Iran and Israel, and China's pledge to help in the European debt crisis.

Gold prices gained $10.40, or 0.6%, to $1,728.10 an ounce in the April futures contract on the Comex in New York. Gold touched an intraday low of $1,720.30 and reached a high of $1,739.20 [...]

US Mint Sales: Chickasaw 5 Oz Silver Coin and El Yunque...

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Chickasaw National Recreation Area Five Ounce Silver Uncirculated CoinChickasaw National Recreation Area Five Ounce Silver Uncirculated Coins and El Yunque Quarter Three-Coin Sets joined the United States Mint sales tables this week. Although both products performed better than may have been expected, they failed to rally improved sales among other Mint products.

Debuting sales for the 2011-P Chickasaw National Recreation Area Five Ounce Silver Uncirculated Coin came in at 8,658 between its launch on February 9 through to February 13. Chickasaw's opening total breaks a trend of slower-starts [...]

Only Known Proof 1854 $10 Gold Eagle Coin Certified by...

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Proof 1854 $10 Gold Eagle Coin

Proof 1854 $10 Gold Eagle CoinNumismatic Guaranty Corporation (NGC) recently identified and certified a proof 1854 $10 gold piece. The coin grades Proof 55 Cameo.

While a small number of lower denomination proof coins are known from this year, notably examples of the first year of issue $3 gold pieces, this newly identified example is the only known Proof 1854 $10.

The coin was submitted to NGC by an authorized dealer based in Europe and no information concerning the coin's provenance was provided [...]

Morgan Dollars and Gold Sovereigns Anchor Bonhams’ Rare Coins Auctions in...

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Bonhams is pleased to announce two significant collections to be offered during our May 27, 2012 Rare Coins and Medals Auctions in Los Angeles.

The auction house is privileged to be offer nearly 600 gold sovereigns of Great Britain and other commonwealth countries such as Australia, South Africa and Canada from the Estate of television and business pioneer, Maria Helen Smith [...]

In The Lead – We Pledge Allegiance To The Euro…

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Precious Metals CommentaryGold opened $8 higher at just under $1,730 while silver added 17 cents to trade at $33.75 the ounce. The yellow metal still appears confined to the $1,709-$1,763 trading range and will need fresh headlines to convincingly move it beyond those support and resistance pylons.

Here is a finding that flies squarely in the face of rosy projections that China will -- somehow -- be the salvation for the silver market, owing to its putatively "insatiable" demand for everything. Read on [...]

Gold Falls for Third Day, Silver Drops 1.1%

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Fine Gold BarsGold declined Tuesday for a third straight day as a stronger U.S. dollar curbed the appeal of precious metals.

Gold prices lost $7.20, or 0.4%, to $1,717.70 an ounce in the April futures contract on the Comex in New York. Gold moved from an intraday low of $1,713.80 to a high of $1,729.90 [...]

Infantry Soldier Silver Dollar Defenders of Freedom Sets Available Feb. 16

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Infantry Soldier Silver Dollar Defenders of Freedom Set

Infantry Soldier Silver Dollar Defenders of Freedom SetCollectors will have an option on Thursday, February 16, 2012 to purchase a limited-edition Infantry Soldier Silver Dollar Defenders of Freedom Set at a price of $51.95. The set will launch at the same time (noon ET) as the commemorative proof and uncirculated Infantry Soldier Silver Dollars.

Details of the set were sparse until Monday when the United States Mint added its product page to http://www.usmint.gov/catalog. Limited to a total of 50,000 with a further per household ceiling of 100, each Defenders of Freedom Set contains [...]

Senators Call for Baseball Hall of Fame Commemorative Coins

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Major League Baseball

Major League BaseballLegislation seeking commemorative coins to celebrate the 75th anniversary of the National Baseball Hall of Fame in Cooperstown, New York has been introduced in the United States Senate.

The bill, numbered S. 2036, was sponsored by Senator Kirsten Gillibrand (D-NY) as a companion to similar legislation (H.R. 2527) which passed on October 26 in the United States House of Representatives by a vote of 463 to 3 [...]

Gold Nearly Unchanged, Silver Climbs Modestly

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Fine Gold BarsGold was nearly unchanged Monday with a loss of less than 0.1% after falling 0.9% last week.

Gold prices dipped 40 cents to $1,724.90 an ounce in the April futures contract on the Comex in New York. The yellow metal traded from $1,717.70 to $1,735.40 [...]