Monthly Archives: May 2012
BEP to Offer 2012 $2 Single Notes from Kansas City Bank
Beginning Thursday, May 10, at 8:00 AM ET, the Bureau of Engraving and Printing will make available 2012 $2 Single Notes from the Federal Reserve Bank of Kansas City.
These Series 2003A $2 notes will only be available during calendar year 2012 with an absolute maximum of 9,000 offered.
Each of the bills features a serial number starting with "2012xxxxD" and come within a [...]
Gold Edges 0.4% Lower as Silver Declines 1%, US Coins Higher
Gold prices declined slightly Monday in what was described as a "risk off" day amid uncertainty in Europe. Gold and other precious metals were also pressured by a stronger U.S. dollar.
By day's end, gold gave back a bit more than half of its $10.40 pick-up on Friday. Gold prices for June delivery declined $6.10, or 0.4%, to settle at $1,639.10 an ounce on the Comex in New York [...]
$3M Rolled Edge 1907 Eagle at Long Beach Coin Show in...
One of only two known proof 1907 rolled edge Indian Head $10 gold coins will be exhibited at the Long Beach Coin, Stamp & Collectibles Expo (www.LongBeachExpo.com), May 31 - June 2, 2012.
"There are only about 50 known rolled edge 1907 Eagles, and this is one of only two known with satin proof surfaces and graded NGC Satin PR67. It will be exhibited by Monaco Rare Coins of Newport Beach, California," said Ronald J. Gillio, Expos General Chairman [...]
PNG Seeks 2012 Award Nominations
Nominations are now being accepted for the 2012 Professional Numismatists Guild (www.PNGdealers.com) awards, according to PNG Executive Director Robert Brueggeman and President Jeffrey Bernberg.
"These annual and eagerly anticipated awards formally recognize achievements in various areas of the hobby and profession. We welcome and encourage nominations from collectors and dealers," said Brueggeman [...]
2012 Proof Set Released by US Mint
Today, May 7, 2012, the United States Mint released the 2012 Proof Set for $31.95 each.
It is the first core or annual set which contains all of this year's coins, including those with one-year only designs like those featured on the reverses of the 2012 America the Beautiful Quarters, the 2012 Presidential $1 Coins and the recently released Native American Dollar.
Similar core silver and the uncirculated annual sets will follow in the coming months. Of the three [...]
In The Lead – Aux Armes, Citoyens!
Spot gold bullion traded at lows near the $1,635 level in Sunday night trading, while the news from Paris also engendered bid-side quotes at near $29.90 for silver.
Considering the fact that the second largest economy in the EU has just been handed over to Socialist control (for the first time in 17 years), and that the advent of Mr. Hollande's tenure is likely to give rise to deeper rifts with previously stated German economic and budget deficit policies, the damage to the euro was relatively contained [...]
Gold Drops 1.2% for Week as Silver Falls 3.1%, US Gold...
Gold rose Friday, snapping a string of four straight daily losses. Gains followed the release of disappointing U.S. jobs data which was said to improve the prospects of additional Fed stimulus.
But the gain on Friday failed to bring gold into the black for the week, although it dropped the least of the precious metals. Across the group, weekly losses included 1.2% for gold, 3.1% for silver, 2.5% for platinum and 4.3% for palladium [...]
US Mint to Launch Popular Proof Set in Week of May...
Only one new item is scheduled to launch next week, and it is the United States Mint's top numismatic seller.
On Monday, May 7, 2012, the 2012 United States Mint Proof Set® will go on sale for $31.95. The set, most will simply refer to as the "2012 Proof Set," will contain collector versions of all 14 of this year's American coinage, including [...]
In The Lead – Payrolls Payoff
Precious metals underwent a mini-meltdown on Thursday and approached key support levels once again despite an only modest gain in the US dollar on the trade-weighted index.
We could call yesterday a "sell everything" or "risk-off" kind of day all we would like to; the reality is that the relatively weak economic data coming from the US economy failed to undermine the greenback, it failed to make more than a 62-point dent in the Dow, and it certainly failed to ignite fresh QE3 hopes and lift gold and other precious metals at all [...]
Paul Zapantis of Massachusetts Wins 2012 PNG Young Numismatist Scholarship
A college student who started collecting coins as a young child when "the tooth fairy" left Morgan silver dollars under his pillow is the winner of the 2012 Professional Numismatists Guild (www.PNGdealers.com) Young Numismatist Scholarship.
A National Honor Society member, Zapantis was President of both his senior class and the student council when he graduated from Clinton High School in 2009. He just completed his junior year at Worcester State University, and says he's now looking forward to learning about coin grading at the ANA Summer Seminar [...]