Monthly Archives: March 2012
US Mint Likely to Cut Platinum Eagle Price, Keep Gold Coin...
Collectors most likely will get a $100 break on the price of the 2011-W Proof American Platinum Eagle. The 99.95% pure platinum coin is poised for a decrease Wednesday, per the recent trend of London platinum and the U.S. Mint's numismatic pricing system. The Eagle is expected to go from $1,992.00 down to $1,892.00.
The last time the pricing changed for the proof Platinum Eagle had been on February 29 when it was increased because the PGM metal climbed within the Mint's coin price setting range of $1,650.00 and $1,749.99 an ounce [...]
Coins and Engraver Collection Return to Historic U.S. Mint Building at...
Community College of Philadelphia's recent gift of more than $1 million from the Gilroy and Lillian P. Roberts Foundation seeks to preserve a historic Philadelphia collection and the legacy of an engraver whose likeness of John F. Kennedy is recognized around the world.
The gift from the Gilroy and Lillian P. Roberts Foundation, which is the largest, single private gift ever to the College, will be used to display and maintain items from the personal collection of Gilroy Roberts, the ninth Chief Engraver of the U.S. Mint [...]
Gold Dips 70 Cents, American Silver Eagles Top 10 Million
Gold prices edged 70.0 cents lower Tuesday following two straight daily gains and on the heels of Fed Chairman Ben Bernanke's speech suggesting the central bank was not in any hurry to end its accommodating monetary policy. Pressuring gold was a rebounding U.S. dollar. Investors were also seen taking profits.
April gold prices closed at $1,684.90 an ounce on the Comex in New York, trading between an intraday low of $1,679.50 and a high of $1,696.90 [...]
Ultra-High Relief Proof Coins Feature Queen’s Portrait for Diamond Jubilee
In celebration of the Diamond Jubilee of Queen Elizabeth II, the Royal Canadian Mint in a second round of 2012 collector issues released two ultra-high relief proof coins entitled "The Queen's Portrait."
The limited edition collectibles -- a 99.999% fine $50 Gold Proof Coin and a 99.99% fine $20 Silver Proof Coin -- are new additions to an array of other Diamond Jubilee keepsake coins from the Royal Canadian Mint. Queen Elizabeth II's accession to the throne began in 1952, which makes 2012 the 60th anniversary [...]
NGC Opens Office in Germany for Coin Certification and Grading
Numismatic Guaranty Corporation (NGC), the world leader in third-party coin grading, announced the opening of a new European branch office in Konstanz, Germany. The new location will address growing demand for NGC's expert services throughout Europe, while offering coin dealers and collectors a faster, more efficient method to submit coins to NGC's U.S. headquarters for certification and grading [...]
Gold and Silver Prices Rally, US Silver Coins Rise
Gold advanced 1.4% Monday, registering two straight rallying sessions that have added $43.10 to the yellow metal's price since Thursday.
Gold prices rose on the day after Fed chairmen Ben Bernanke said that the U.S. must have faster growth to lower the unemployment rate further and that continued stimulus policies are a needed [...]
2013 Red Book of U.S. Coins Available for Order
There is one reference book that most coin collectors will not do without and the newest edition is now available. The Official Red Book® – A Guide Book of United States Coins appears in its 66th edition with the 2013-dated release which may be ordered directly from the issuer, Whitman Publishing.
The 2013 Red Book of U.S. Coins expands on an already impressive knowledge base offered in previous issues. Information contained [...]
In The Lead – Word Power
Precious metals opened firmer this morning but once again revealed just how over-dependent they are on practically every word that Mr. Bernanke utters (or does not utter) when he makes a speech.
The mere mention of the fact that ultra-low interest rates are helpful to an economy that is trying to grow, and that such growth is what will stimulate US jobs creation, sent gold prices soaring by nearly one percent in early trading in New York, touching $1,680 in the process [...]
Gold Logs Weekly Gain, Silver Falls, US Coin Sales Soften
Gold advanced nearly $20 Friday which placed it $6.60, or 0.4%, higher for the week. The metal had seemed poised for a weekly loss just one day earlier based on weak economic news out of China and Germany which contrasted against improved US data.
Commodities and precious metals in particular, were squeezed from two sides -- global demand worries and trimmed expectations that the Fed would raise inflationary prospects with further monetary easing [...]
Release Dates for US Mint Annual Sets Added to 2012 Product...
An updated product schedule published on the U.S. Mint website now includes release dates for some of the bureau's most popular products, including its core annual sets.
Additions to the product schedule feature the 2012 Proof Set, 2012 Silver Proof Set, 2012 Mint Set, 2012 Native American $1 Coin and 2012 Presidential $1 Coin products. Their release dates span from April through to the early June, as shown in the following list of scheduled U.S. Mint products and their prices [...]