Yearly Archives: 2012
2011-W Uncirculated American Gold Eagle Sells Out, New Mintage Low
Coin collectors can no longer look to the United States Mint for the 2011-W Uncirculated American Gold Eagle. The Mint sold out of the one ounce, 22-karat American Gold Eagle on Tuesday, January 17.
Unlike other numismatic gold products, the United States Mint never officially announced a maximum mintage for the $50 denominated coin. Guesstimating would have put it under 10,000 since the previous two one-ounce issues fell below the threshold. As it turns out, the final mintage for the 2011-dated coin could very well end below [...]
US Mint Raises Price on Proof Platinum Eagle, Gold Coins Unchanged
Collectors will now have to pay $100 more for a 2011-W Proof American Platinum Eagle after the United States Mint raised its price Wednesday from $1,692.00 to $1,792.00.
The increase follows higher precious metals prices. Platinum alone jumped $101 since the start of 2012. Pricing for the proof Platinum Eagle had most recently been reduced on December 21 when the PGM metal fell within the Mint's coin price setting range of between $1,350.00 and $1,449.99 an ounce [...]
Gold Edges Up to 5-Week High, Silver Prices Advance 1.4%
Gold advanced for a second day Wednesday as a weaker U.S. dollar supported gains. Gold prices edged up $4.30, or 0.3%, to $1,659.90 an ounce in the February futures contract on the Comex in New York. The closing price was the highest for the yellow metal since December 13.
Gold was pressured early in a bout of profit-taking following Tuesday's near $25 pick-up. Prices reached as low as $1,642.10 before recovering and then rising as high as $1,662.90 [...]
Sales Debuts for 2010-2012 America the Beautiful Quarters Silver Proof Sets
United States Mint weekly sales for its numismatic products are a bit more interesting this week with the debut of the 2012 America the Beautiful Quarters Silver Proof Set. The set is the third annual release to feature only 25-cent pieces in silver since the 2010 kick-off of the Mint's America the Beautiful Quarters® Program.
Released Tuesday, January 10, at a price of $41.95, the 2012 ATB Quarters Silver Set opened with sales of 61,181 during the first seven days.
Gold Prices Rise Nearly $25, Bullion Silver Eagles Top 5 Million
Gold prices rebounded 1.5% in the start of the U.S. holiday-shortened week and after dipping nearly $17 on Friday. Gold was said to advance primarily on a lower U.S. dollar and economic news out of China.
Gold prices advanced $24.80 to $1,655.60 an ounce in the February futures contract on the Comex in New York. Gold moved between $1,609.00 and $1,668.00 [...]
Gold Coin Rewards at February 2012 Long Beach Expo
Collectors will have four opportunities to win valuable gold coins at the upcoming Long Beach Coin, Stamp & Collectibles Expo (www.LongBeachExpo.com), February 2 - 4, 2012, in the Long Beach, California Convention Center, 100 S. Pine Ave.
"A free gold coin will be given away as a door prize on each day of the three-day show. In addition, Professional Coin Grading Service will award a $20 Saint-Gaudens gold coin valued at over $2,000 as the prize in its coin grading competition," said Ronald J. Gillio, Expo General Chairman [...]
US Mint Annual 2012 America the Beautiful Quarters Proof Sets Available
The United States Mint released its 2012 America the Beautiful Quarters Proof Set today, January 17, at noon ET for a price of $14.95, plus shipping and handling.
Debuting as the third numismatic product released this year from the Mint, the clad quarters proof set follows behind the 2012-dated silver version which was made available one week ago for $41.95. Proof sets are annual United States Mint products containing specially minted coins for collectors [...]
In The Lead – 100% European News-Free Content
Precious metals joined the commodities' party this morning with fairly robust gains showing in each of the five metals we track. Gold spot opened with a $21 gain at $1,664 the ounce while silver advanced 37 cents to the $30.51 mark. Platinum tracked $37 higher and palladium gained $20 per ounce. Rhodium was ahead by $50 at $1,300 the troy ounce.
However, not all was well on certain fronts, at least in gold and in silver. India raised its import duties on the two precious metals to 2% and to 6% respectively, from a previously flat-per-weight tariff. These are hefty increases in [...]
Heritage January NYINC World Coins Auction Realizes $10.7M+
A unique South African bronze 1928 pattern sovereign, graded Matte Proof 64 by NGC, brought $184,000 as the top lot in Heritage Auctions' $10.7+ million Jan. 2-3 World & Ancient Coins Signature® Auction at the Waldorf-Astoria Hotel held as part of the New York International Numismatic Convention (NYINC). All prices include 19.5% Buyer's Premium.
"South African numismatics are quite hot and the prices in this auction show that, led by this beautiful pattern sovereign," said Cristiano Bierrenbach, Vice President of Heritage Auctions [...]
PCGS-Certified Coins Set Records in Heritage’s $55.8M+ FUN US Coin Auction
Rare coins authenticated and certified for grade by Professional Coin Grading Service (www.pcgs.com) broke or tied dozens of price records at the Florida United Numismatists (FUN) convention auction sessions conducted by Heritage Auctions (www.HA.com).
"PCGS-certified coins ruled the day at the recent FUN show. Record prices were realized for a 1793 Chain cent as well as an 1829 large date $5, both bringing $1.38 million in the Heritage Platinum Night auctions. Strong prices were also realized for Denis Loring's 1793 large cent collection as well as Dr. Steven Duckor's collection of Saint-Gaudens Double Eagles," said Don Willis, President of [...]