Monthly Archives: June 2012
Sacagawea $1 Error with Presidential Edge Lettering to be Sold by...
GreatCollections is proud to offer the 2007-D $1 Sacagawea with Presidential Edge Lettering, which was the subject of many news stories five years ago when PCGS paid out a $10,000 reward just to be the first grading company to grade this error.
In 2007, Sacagawea dollars were produced without edge lettering, unlike the Presidential dollars, which debuted the same year [...]
In The Lead – Cracked BRICS
The new trading week got underway in New York this morning and the price boards in the metals' complex were once again in the red following Friday's tepid recovery attempts.
Spot gold started off at $1,568.30 with a loss of $4 while silver fell 15 cents to $26.75 per ounce. The $1,550-$1,525 putative support zone remains the focus among technicians who argue that if those levels do not prove to be strong we are [...]
Gold, Silver Plunge on Week, US Mint Coin Sales Soar
Gold climbed for the first time in five days Friday, but barely cut into losses that accumulated to a staggering 3.8% on the week.
Platinum matched the yellow metal's sour weekly results while palladium was a smidgen under at 3.7%. Silver nearly doubled that as the poorest performing precious metal this week with prices sinking 7.2% [...]
Canadian HMS Shannon $2 Coin Commemorates War of 1812
The first in a series of five War of 1812 commemorative coins was released into Canadian circulation earlier this week.
The 2012 $2 HMS Shannon Commemorative Coin launched on June 18, 2012 and acknowledges the important place the Royal Navy ship holds in the history of the conflict.
Hostilities during the War of 1812 were fought between forces of the United States of America and those of the British Empire [...]
Marines Medals, 2012-W Gold Eagle, $1 Coin Sets End US Mint...
Next week is the last week of June, and the United States Mint will end it with product launches that include a collector Gold Eagle, two four-coin dollar sets and two bronze medals for the Montford Point Marines.
Starting on Tuesday, June 26, the U.S. Mint will release two different 2012 Presidential $1 Four-Coin Sets, at $9.95 each. The sets contain [...]
In The Lead – Shattered Fedspectations
IAugust gold prices cratered by over 3.0% on Thursday ($50.30 an ounce) after the Fed offered only a modicum of an accommodation gesture on Wednesday and the yellow metal appears on course to set its largest weekly decline since last December at this juncture.
As regards the shattered Fedspectations on Wednesday, certain commentators did not waste time in trotting out a fresh batch of future QE3 visions [...]
2012-S El Yunque Quarters in Circulating Quality Released
San Francisco produced 2012-S El Yunque quarters in circulating quality were released today in United States Mint bag and roll products. The U.S. Mint placed them on sale at noon ET with 100-coin bags listed for $34.95 each and rolls with 40 quarters priced at $18.95 each.
Differing mint marks are what make these newer quarters unique from those that have appeared in pocket change since their February release from Federal Reserve Banks [...]
Gold, Silver Fall Sharply, US Gold Coins Jump
Gold plunged Thursday as weak global economic data failed to elicit safe-haven buying. The U.S. dollar was the chosen investment vehicle instead as commodities faltered and U.S. stocks tumbled.
Gold prices fell for a fourth session, but the previous three were modest dips while the latest one at over $50 was the worst since early April [...]
US Coin Sales: New Acadia Quarters and Set Make Top 10
New Acadia quarters in rolls, bags and the three-coin set were among favored collector choices last week, U.S. Mint coin sales show. Each of the new products appeared in the top ten list of weekly sales.
Earning the number one spot were two-roll sets containing 80 circulation quality Acadia quarters -- 40 from Denver's Mint and 40 from Philadelphia's Mint. Collectors ordered 15,530 in one week. Sales leader positions eight and nine were taken by [...]
Gold Dips as Silver Edges Up, US Coins Unchanged
Gold dipped 0.5% Wednesday for its biggest fall in three straight daily losses.
Gold, most other commodities and stocks declined as the Fed cut U.S. growth estimates and said it was extending its accommodative "Operation Twist" monetary policy through to the end of the year. Investors were, apparently, hoping for deeper stimulative action [...]