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2012 July

Monthly Archives: July 2012

Making American History Coin & Currency Set Includes 2012-S Proof Silver...

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Making American History Coin & Currency Set

Making American History Coin & Currency SetA 2012-S Proof American Silver Eagle from San Francisco and a Series 2009 $5 note with the San Francisco Federal Reserve Bank designation are combined in a joint U.S. Mint and Bureau of Engraving and Printing (BEP) product called the Making American History Coin & Currency Set.

The Coin & Currency Set is scheduled with a release date of August 7, 2012 at a price point of $72.95 [...]

In The Lead – QE: Quite Elusive

Precious Metals CommentaryThis morning, the midweek trading session in New York started with fresh declines across the precious metals' price boards as the US dollar resumed its ascent on the trade-weighted index in the wake of an "uncooperative" Fed.

Spot gold retreated to under yesterday's lows at the $1,570 level once again, losing about $15 per ounce in the process, while silver [...]

Gold Dips, Silver and US Bullion Coins Flat

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Gold bars and coins

Gold bars and coinsGold edged lower for a second day Tuesday as investors were disappointed in Fed Chairman Ben Bernanke's comments that the U.S. central bank was "prepared to take further action," which offered nothing new.

Gold prices for August delivery lost $2.10, or 0.1%, to settle at $1,589.50 an ounce on the Comex in New York [...]

California Fractional Gold Coins In PCGS Pricing Guide

California Fractional Gold Coin - 1858 50c BG-302 MS63

California Fractional Gold Coin - 1858 50c BG-302 MS63The popular PCGS Price Guide (www.pcgs.com/prices) now includes listings for California Fractional Gold coins.

It is the only comprehensive online resource available for market values of this historic series of small 25-cent, 50-cent and one dollar denomination gold coins privately struck from 1852 to 1882 [...]

US Coin Production Nears 1B in June, 5B in First Half...

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2012 Roosevelt Dime on FireAmerican coin production exploded in June as the United States Mint struck almost 1 billion coins for circulation and finished the first half of the year at nearly 5 billion coins.

Significant gains were registered across pennies, nickels and dimes, but quarters were hit with an unexpected reversal [...]

Stack’s Bowers June Baltimore Coin Auction Realizes Nearly $11M

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1879 Four-Dollar Gold Stella

1879 Four-Dollar Gold StellaStack's Bowers Galleries conducted the Official Auction of the Whitman Coin and Collectibles Baltimore Expo on June 27-29, an impressive sale that realized $10,929,460.

The auction featured coins from several major collections, including the Land of Smiles Collection of Liberty Nickels, Selections from the Anne Kate Collection, the Winecrest Collection Part II, the Walking Liberty Tribute Collection, and much more [...]

Gold Flat, Silver Dips 5 Cents, US Coins Rise Slightly

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US Silver Eagle Coins

US Silver Eagle CoinsGold was nearly unchanged in quiet trading Monday as investors await Fed Chairman Ben Bernanke's Congressional testimony on Tuesday morning.

Gold prices for August delivery dipped 40 cents to $1,591.60 an ounce on the Comex in New York, ranging between $1,577.20 and $1,594.60 [...]

In The Lead – Myth-Busting 101: A Golden Dilemma

Precious Metals CommentaryThe new trading week started off on a downbeat note in commodities, equities, and a certain crisis-beset currency across the Atlantic...

The spot price of gold fell by more than $11 to touch $1,578 per ounce while silver shed 51 cents to reach a bid-side quote at $26.87 the ounce [...]

US Mint Suspends 2012-W Proof American Silver Eagle Coins

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2012-W Proof American Silver EagleThe United States Mint recently stopped selling 2012-W Proof American Silver Eagle coins.

The bureau does not indicate when sales of the proof will resume. The statement on the Eagle's online ordering page simply says, "This product is temporarily unavailable for product repricing." [...]

Gold, Silver Log Weekly Gains as US Bullion Coins Improve

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Gold bar, American Silver Eagle

Gold bar, American Silver EagleGold rallied Friday, rising for the first time in four days and yanking prices back for a 0.8% weekly gain. Advances were credited to a weaker U.S. dollar and slowing growth in China, which spurred hopes of easing there and elsewhere.

On Friday, gold prices for August delivery surged $26.70, or 1.7%, to settle at $1,592.00 an ounce on the Comex in New York. Prices ranged from an intraday low of $1,565.60 to a high of $1,596.50 [...]