Monthly Archives: August 2012
Gold Up 3.3% on Week as Silver Soars 9.4%, US Gold...
Precious metals scored soaring gains this week as gold jumped 3.3% to settle at a 135-day high and silver rallied 9.4% to close at 115-day high. PGM's were in between with palladium advancing 7.8% and platinum climbing 5.5%.
As for Friday, gold prices for December delivery rose marginally. The yellow metal gained 10.0 cents to close at $1,672.90 an ounce for the highest settlement price since April 12 [...]
Canadian $20 Farewell to the Penny Silver Coin for $20 Released
Another $20 coin for $20 offer from the Royal Canadian Mint has been released, but it may not last long as all previous issues in the series sold out.
The commemorative $20 Farewell to the Penny Silver Coin is the fifth issue in the extremely popular series that features coins sold at face value. This latest one is paying tribute to the elimination of the Canadian penny [...]
2015 Panama Pacific Centennial Commemorative Coins Proposed
Earlier this month, new legislation was proposed in both the U.S. House of Representatives and Senate calling for commemorative coins to be issued in 2015 that recognize the centennial of the Panama-Pacific International Exposition and the Panama Canal.
In 1915, San Francisco, California hosted the Panama-Pacific International Exposition, a world's fair that celebrated the completion of the Panama Canal [...]
Hawai’i Volcanoes Quarter Ends August Product Releases for US Mint
It was a busy August for the United States Mint, and now just one product release day remains.
Starting Monday, August 27, collectors may add 2012 P & D Hawai'i Volcanoes National Park Quarters to their collections. The coin is the fourth of five 2012-dated America the Beautiful Quarters [...]
In The Lead – Reassessing QEuphoria
Friday's spot metals dealings opened to the downside amid mild profit-taking and amid incipient signs that pre-weekend book-squaring was underway.
Despite all of the bullishness on display for the better part of the week (highest in nine months) and despite the possibility that further advances towards somewhat higher price targets could still be in the works ($1,700-$1,730 gold was once again raised as a distinct possibility in EW analysis issued this week), there are those [...]
Universal Coin & Bullion To Offer 2013 $5 Pronghorn Antelope Coin
Investors and collectors interested in the 2013 Pronghorn Antelope silver bullion coin will find it for sale next month from Universal Coin & Bullion.
Depicting the Pronghorn Antelope, the coin was unveiled by the Royal Canadian Mint earlier this month as the second to last issue in the six-coin Canadian Wildlife series [...]
Gold Rallies to 4-Month High, Silver Tops $30, US Gold Coins...
Gold surged to a more than four-month high Thursday, riding a wave of momentum garnered Wednesday when minutes from the latest Federal Reserve meeting revealed improved odds for more stimulus.
Gold for December delivery gained $32.30, or 2.0%, to close at $1,672.80 an ounce. The settlement price was the highest for gold since April 12. Intraday prices ranged between $1,654.50 and $1,677.50 [...]
US Mint Sales Figures: Proof Silver Coins Jump
Newly released products are in focus but sharp gains in proof silver coins also steal some attention when looking through the latest round of weekly U.S. Mint sales figures.
With silver prices blasting off this week -- currently up about $2.75 since Friday, U.S. Mint silver products could be in the limelight yet again next week. That is, if the Mint does not suspend their sales for re-pricing [...]
US Mint Coin Production in July 2012 Hits 906.62 Million
It was another fast paced month for American coinage in July, but not as quick as the previous month.
906.62 million coins were struck for circulation, United States Mint coin production figures for July showed. It was the second highest monthly total over the past year, directly behind June's run of 975.59 million coins which remains the best month on record since before the Great Recession [...]
Teletrade 2-Day Post ANA Sale Features Over 5,300 Coins
Teletrade, America's premier Internet auctioneer of certified coins and currency, is excited to announce its 2-Day Post ANA Sale, August 26 and 27, 2012.
Bidding is open now, with Auction 3335 beginning Sunday, August 26, from 3 p.m. to 10 p.m. ET, and Auction 3336 beginning Monday, August 27, from 3 p.m. to 10 p.m. ET [...]