Monthly Archives: July 2012

The Royal Canadian Mint released a range of new "summer blockbuster" collector coins that depict anniversaries, wildlife and other Canadian themes of historic importance.

A highlight in the wildlife category are new collector coins designed by Robert Bateman, Canada's dean of wildlife art. Bateman's various depictions of the moose are dedicated to the 50th anniversary of the Canadian Wildlife Federation. His renditions appear on [...]

The new trading week was off to a rocky start in precious metals as, despite only a relatively small, 0.20% advance in US dollar (to just above 83.80 on the index) the complex headed for lower price ground overnight and at the opening bell in New York.

Spot gold touched lows at under the $1,563 level losing $22 in pre-market action, while spot silver reached $26.75 per ounce and [...]

Gold advanced for a second session Friday, but three prior-day losses weighed heavier on the yellow metal as prices slipped 0.6% this week.

On Friday, gold prices for August delivery edged up $2.40, or 0.2%, to settle at $1,582.80 an ounce on the Comex in New York. Prices ranged from [...]

This week the United States Mint updated its product schedule with the addition of coins and sets for release in August and September.

Upcoming sets include the Making American History Coin & Currency Set and 2012 Annual Uncirculated Dollar Coin Set. Forthcoming coins include 2012-W Proof American Platinum Eagles, 2012-W Uncirculated American Silver Eagles, Benjamin Harrison Presidential $1 coins and more [...]

Approximately 48 tons of silver bars from the sunken British-flagged SS Gairsoppa was retrieved from three miles below the surface of the ocean by Odyssey Marine Exploration.

At such a deep depth, recovery of the cargo was impossible until now. Under a contract with the UK Department for Transport, Odyssey agreed to cover the cost of search and salvage operations [...]

Gold climbed for the first time this week, supported by a weaker U.S. dollar and increasing safe-haven interest.

Gold prices for August delivery rose $9.60, or 0.6%, to close at $1,580.40 an ounce on the Comex in New York. The yellow metal traded as low as $1,572.10 and reached a high of $1,591.50 [...]

Despite newly released five ounce coins and "S" Mint circulating quality quarters featuring Chaco Culture National Historic Park, summer doldrums are beginning to kick in as sales eased last week for many U.S. Mint products.

By the numbers, 34 numismatic products showed improved week-over-week gains. That marks a third straight decline since this year's 7-day record of 84 was set toward the end of June [...]

Two unusual and extremely rare Philadelphia Mint proof coins -- an 1802-dated "novodel" silver dollar and a 1907 Ultra High Relief, Sans Serif Edge Saint-Gaudens double eagle -- are among the highlights of the Heritage Auctions Philadelphia Signature® U.S. Coin auction featuring Platinum Night™, Aug. 2-5 [...]

Gold ended the midweek trading session at its lowest price in nearly a week, logging a third day of losses and the biggest one since July 7.

Fed Chairman Ben Bernanke's testimony before Congress ended Wednesday as he all but closed the door on more QE, deepening investors' disappointment [...]