Monthly Archives: May 2012
2016 Pro Football Hall of Fame Commemorative Coins Sought
A newly introduced Senate bill calls for commemorative coins in calendar year 2016 to honor the Pro Football Hall of Fame located in Canton, Ohio.
Matching language to a House version (H.R. 4104) which was submitted for consideration in late February, the Pro Football Hall of Fame Commemorative Coin Act would authorize gold, silver and clad commemorative coins in calendar year 2016 to recognize and celebrate football, its legends and to preserve the sport's memorabilia [...]
Gold Prices Retreat Below $1,550, Smaller US Gold Coins Selling
Gold prices declined the most in three sessions Wednesday, registering a combined drop of $43.30, or 2.7%, since Friday when the yellow metal was on a two-day rallying streak which totaled to $55.30.
Losses in gold and other commodities were attributed to strength in the U.S. dollar as concerns grow over Greece possibly leaving the European Union [...]
In The Lead – Sail Away
Another day of substantial selling in the precious metals complex brought gold prices right back to the $1,550 value zone, raising legitimate questions about whether the numerous calls of a bottom occurring last week were perhaps premature considering the unresolved situation over in Europe.
Albeit gold managed a relatively swift climb from last Wednesday's $1,526 low to $1,600 on Monday, the pullback on Tuesday as well as overnight took shape with an equal amount of speed and (this time) selling energy [...]
Circulating Quality 2012-S America the Beautiful Quarters for Collectors
This year the United States Mint facility in San Francisco will produce circulating quality 2012-S America the Beautiful Quarters® which will be sold only within collector products.
These quarters with the "S" mint mark will not enter normal commerce via banks and other financial institutions like most other American coinage produced for circulation. Instead, the new coins will be [...]
1879 Stellas Highlight Heritage US Coin Auctions at Long Beach
Classic coin rarities and a few unexpected treasures are among the highlights of the upcoming Heritage Auctions Long Beach Signature® U.S. Coin auction, May 31-June 3.
The proof four dollar gold pieces, or "Stellas," in the auction are the perfect illustration of this mix. There are three of the famous patterns in the auction, two of the familiar Judd-1635 1879 Flowing Hair type in gold [...]
Gold Pulls Back 0.8%, Silver Prices Decline 0.5%
Gold fell Tuesday and for a second straight day as investors turned their attention from it toward the U.S. dollar and U.S. stocks.
"The strong dollar and lower oil and commodity prices appear to be pressuring gold lower," MarketWatch quoted Mark O'Byrne, executive director at GoldCore. "Increased risk appetite as seen in the surge in equity indices may also be leading to lower gold prices."
Gold prices for June delivery declined $12.10, or 0.8%, to $1,576.60 an ounce on the Comex in New York [...]
Sales of 2012 Kennedy Halves Debut at 740,160 as 2011’s End...
Debut sales have been reported by the United States Mint for the newly released Kennedy Half Dollars.
The U.S. Mint began selling 2012 Kennedy halves within rolls and bags on Tuesday, May 15. By Monday, May 21, collectors had ordered a total of 740,160, with products splits of 1,916 in sales from 200-coin bags and 8,924 from two-roll sets [...]
Gold Down Slightly, Silver Off 1.4%, US Bullion Coins Leap
Gold edged about $3 lower Monday as prices consolidated when failing to attain $1,600 an ounce and after two prior sessions in which the yellow metal rebounded by more than $55.
"Gold had a really nice rally following a very steep drop, so we might get some consolidation from here as the market prepares to take on $1,600," Bloomberg quoted Feng Liang, an analyst at GF Futures Co.
Gold prices for June delivery settled down $3.20, or 0.2%, to $1,588.70 an ounce [...]
2012 US Mint Set Includes 28 Uncirculated Coins
Available today, May 21, is the 2012 U.S. Mint Uncirculated Coin Set. Sales of the 2012 Mint Set began at 12:00 noon ET with pricing at $27.95, which is $4 less than similar annual sets issued in the two previous years.
As has been the case since 2010, this year's set features a total of 28 uncirculated coins. 14 of them are produced at the Denver Mint with the other 14 originating from the Philadelphia Mint -- the same U.S. Mint facilities responsible for producing America's circulating coinage [...]
In The Lead – Deflation! Inflation! How About Neither?
Precious metals started the trading week in mixed fashion with initial spot bids showing gold and silver prices marginally lower while platinum and palladium moved notably higher...
Spot gold opened near $1,587 with a $5+ per ounce decline in New York. During the overnight hours gold managed to touch the psychological $1,600 mark in the wake of pro-growth remarks coming from Chinese Premier Wen. Despite the Chinese leader's overt concern about [...]