Monthly Archives: October 2012
Bidders Can ‘Dig’ for Gold and ‘Pan’ for Silver at Stephenson’s...
The demand for precious metals hasn't been as strong in the United States since the Gold Rush of 1849, but nowadays the "prospecting" is done at auction, and the treasures are purchased in the form of gold and silver coins.
Estate specialist Stephenson's Auctioneers, located in the Philadelphia suburb of Southampton, has a history of successful, well-attended coin sales, and owner Cindy Stephenson is expecting another full house on Friday, Nov. 2nd [...]
Fuljenz Assists Agencies on Numismatic Crimes
Sandwiched between receiving an award, autographing copies of his book and purchasing gold coins to fulfill his customers' orders, America's Gold Expert®, Michael Fuljenz, President of Universal Coin & Bullion, recently was a keynote speaker at a special training course for Texas law enforcement personnel on the topic of investigating crimes involving rare coins, bullion and jewelry [...]
Gold, Silver Advance on Central Bank Buying and India Demand
Gold rebounded from a seven-week low Thursday for its biggest gain since early in the month.
Gold for December delivery advanced $11.40, or 0.7%, to settle at $1,713.00 an ounce on the Comex in New York. Prices ranged between intraday levels of $1,702.30 and $1,718.90 [...]
US Mint Sales: Wider Gains as Sets Outperform Coins
Week-over week sales improved for 82 numismatic products offered by the United States Mint, the third highest tally this year and the best since late August.
While buying activity was spotty for gold and silver coins, U.S. Mint sales were boosted by sets. If a product had "set" anywhere in its name, its weekly sales increase was likely higher than reported in the previous round [...]
Gold, Silver Add to Prior Day’s Loss, US Coins Unchanged
Gold and silver added to their previous day's loss, each falling 0.5% during the mid-week session. Platinum and palladium extended their losing streaks to three days. Precious metals and U.S. stocks remained under pressure while the U.S. dollar traded higher.
Gold for December delivery declined $7.80 to $1,701.60 an ounce on the Comex in New York [...]
Second-To-Last 2012 Canadian Penny in ANA Museum Exhibit
On May 4, 2012, the Royal Canadian Mint struck the last penny to be produced for Canadian circulation. It is entrusted to the Currency Museum of the Bank of Canada in Ottawa.
Nearly as unique, the second-to-last Canadian penny produced is now on display at the American Numismatic Association's Edward C. Rochette Money Museum in Colorado Springs [...]
US Platinum and Gold Coins Poised for Price Reductions
U.S. Mint pricing cuts are possible Wednesday for numismatic platinum and gold coins as a result of falling precious metals.
Price tags for gold coins will decline if Wednesday's London AM Fix price for gold is below $1,909.47 an ounce and the London PM Fix is below [...]
Gold Falls 1%, Silver Sheds 1.4%, US Bullion Coins Gain
Gold fell to a near seven-week low Tuesday as investors turned toward the U.S. dollar and away from precious metals, other commodities and stocks.
Gold for December delivery lost $16.90, or 1.0%, to $1,709.40 an ounce on the Comex in New York. The settlement price was the lowest since gold closed at $1,705.60 an ounce on September 6 [...]
2012 Denali National Park 5 Oz Silver Bullion Coin Sales Begin
Denali National Park Five Ounce Silver Bullion Coins are now being sold by the United States Mint.
5,200 were initially ordered by the Mint's network of authorized purchasers (APs), according to the bureau's reported sales figures on Monday, October 22, 2012. Another 300 sold during the following day [...]
Gold and Silver Rise Slightly, US Bullion Coins Advance
Gold prices settled higher for the first time in three sessions Monday after falling to a six-week low on Friday.
Gold for December delivery edged up $2.30, or 0.1%, to $1,726.30 an ounce on the Comex in New York [...]