Monthly Archives: April 2012
PCGS Announces Coin Grading Contest For 2012 May-June Long Beach Expo
Professional Coin Grading Service (www.PCGS.com) will award a $20 Saint-Gaudens gold coin valued at $2,000 as the prize for the winner in a coin grading competition during the upcoming Long Beach Coin, Stamp & Collectibles Expo (www.LongBeachExpo.com), May 31 - June 2, 2012, in the Long Beach, California Convention Center.
The coin grading competition at Long Beach is sponsored by PCGS PhotogradeTM Online and will be open to [...]
Gold Rises on Sour Jobs Data, US Mint Bullion Coins Advance
In thin trading Monday, gold rose for a second straight day. Gains immediately prior to the extended holiday-weekend were attributed mostly to bargain hunting. Advances on Monday were credited more toward Fed stimulus hopes which were reignited by disappointing U.S. jobs numbers.
Gold prices for June delivery added $13.80, or 0.8%, to $1,643.90 an ounce on the Comex in New York [...]
Chester Arthur Presidential $1 Dollar Coin Cover Available
Today, April 9, 2012, the United States Mint made available the Chester Arthur Presidential Dollar Coin Cover for $19.95. It follows the recent release of Arthur dollars in rolls and boxes on April 5.
The limited edition cover, up to 22,000 units may be ordered, features two Chester Arthur Presidential $1 coins from the first day of production. The one from the U.S. Mint facility in Denver was struck on December 22, 2011, and the other from Philadelphia was minted on January 11, 2012. These $1 coins are mounted within a display card featuring a portrait of the President [...]
In The Lead – Inside Jobs
Friday's US jobs data managed to yield a lift in precious metals values this morning but the advance was itself significantly below expectations and it most certainly did not come at the expense of a notable cratering in the US dollar.
Forums and news comments were chock-full of predictions over the weekend about a $6-$80 rise in the price of gold as being in the cards for today, along with a capitulation statement by the Fed that it would buckle to such economic pressures and finally launch the good ship QE3. Gold market prognosticators, as we have [...]
US Mint 2012 Proof Silver Eagle, Arthur $1 Coin Cover Releases...
In the second week of April, the U.S. Mint will launch two new numismatic products, the Arthur $1 Coin Cover and the 2012 Proof Silver Eagle, the latter being most popular.
Starting off Monday is the Chester Arthur Presidential $1 Coin Cover. Two circulating quality $1 coins from the first day of production, one from Philadelphia and the other from Denver, are mounted on a durable display card with a 45-cent postage stamp [...]
Queen Hands Out Royal Maundy Coins in York
Marking the Holy Thursday before Easter, Queen Elizabeth II handed out Royal Maundy Coins at the service that was held at York Minister, located about 200 miles from London.
Since the monarch's age, 86, is used to determine how many individuals are selected for the service to receive the special coins, commonly referred to as "Maundy Money," 86 women and 86 men were gifted money in recognition of their services to the Church and their communities [...]
Gold, Silver and Other Precious Metals Post Weekly Losses
Gold, silver and other precious metals rebounded Thursday with bargain hunters stepping in after commodities went through a trouncing in the previous session amid realization that the Fed was less keen on embracing another round of quantitative easing.
Thursday's gains, however, lacked sufficient weight to pull precious metals into the black for the holiday-shortened trading week. Weekly losses included gold at [...]
2012 Chester Arthur Presidential Dollar Rolls and Boxes Released
Today, Thursday, April 5, 2012, the United States Mint released the Chester Arthur Presidential $1 Coin. New circulating quality strikes are available directly from the U.S. Mint in 25-coin rolls as well as new, first-time products of 250-coin boxes and 500-coin boxes. The new boxes were expected, but the Mint did not announced their release date of today until Tuesday.
U.S. Mint rolls are wrapped in special black and white paper and imprinted with the Mint of origin ("P" or "D"), "Presidential $1 Coin," the president's name and "$25,"(the face value of the contents). Buyers have the choice of [...]
1792 Silver Center Cent May Top $1M at Heritage Auctions’ CSNS...
One of the most historic coins struck by the early U.S. Mint, a 1792 Judd-1 Silver Center cent pattern, MS61 Brown PCGS, headlines the Heritage Auctions April 2012 Central States Signature® U.S. Coin Auction in Schaumburg, IL, April 18-20, with Platinum Night™ offerings on April 19.
The 1792 Silver Center cents were experimental pieces designed by Chief Coiner Henry Voigt to remedy a flaw in the Mint Act of 1792: the official weight for one cent coins would have made them too large and heavy for practical use. Voigt suggested a [...]
President Signs US Marshals Service 225th Anniversary Commemorative Coin Act
President Obama signed the United States Marshals Service 225th Anniversary Commemorative Coin Act into law on Monday, April 2, 2012.
The Act, now Public Law 112-104, sets the parameters for the United States Mint to produce up to 100,000 $5 gold coins, 500,000 silver dollars and 750,000 clad half dollars in calendar year 2015. These coins will be struck in collector proof and uncirculated qualities, bringing the total types of coins to six.
The coin designs will be emblematic of the 225 years of achievements of the United States Marshals Service, America's first Federal law enforcement agency, including [...]