Monthly Archives: July 2016
Gold, Silver Dip Ahead of June Jobs Report
Gold futures ended lower on Thursday for the first time in four sessions, slipping from a more than two-year high.
Gold for August delivery shed $5, or 0.4%, to $1,362.10 an ounce on the Comex division of the New York Mercantile Exchange. The decline was attributed to [...]
US Mint Sales: 2016 Reagan Coins Debut
Series-ending United States Mint products launched last week, including coins honoring Ronald and Nancy Reagan. They sold quickly despite their release on Friday, and ahead of Independence Day weekend.
2016 Nancy Reagan First Spouse Gold Coins logged 4-day sales of 2,220 with splits of 1,428 for the proof and 792 for the uncirculated [...]
Gold Logs New 2-Year High, Silver Tops $20
Precious metals marched higher Wednesday, with gold scoring a new two-year high and silver closing above $20 an ounce for the first time since August 2014.
Gold for August delivery settled up $8.40, or 0.6%, to $1,367.10 an ounce on the Comex division of the New York Mercantile Exchange [...]
2016 Happy Birthday $1 Note Features ‘2016xxxx’ Serial Number
Earlier today, July 6, the Bureau of Engraving and Printing (BEP) started selling a new special occasion product, the 2016 Happy Birthday Currency Note.
This product features an uncirculated Series 2013 $1 note with a serial number beginning with "2016xxxx" [...]
Gold Scores 2.2-Year High, Silver Hits 22-Month High
Gold and silver futures advanced in their start to the new trading week on Tuesday, with both metals ending at levels last logged in 2014.
Gold for August delivery gained $19.70, or 1.5%, to settle at $1,358.70 an ounce on the Comex division of the New York Mercantile Exchange [...]
Reagan Presidential $1 Coin & First Spouse Medal Set Available
Today, July 5, the U.S. Mint introduced its last Presidential $1 Coin & First Spouse Medal Set. This newest product honors Ronald Reagan, the 40th President of the United States, and former First Lady Nancy Reagan.
Sets include a Ronald Reagan dollar and a bronze medal featuring Mrs. Reagan. Both are [...]
Gold Climbs 1.3% on Week and Silver Soars 10.1%
Precious metals soared on Friday with safe-havens in favor on worries over Brexit. Gold and silver futures posted their fifth straight weekly increases. Both closed near 2-year highs.
Gold for August delivery on Friday tacked on $18.40, or 1.4%, to settle at $1,339 an ounce on the Comex division of the New York Mercantile Exchange [...]
Ronald Reagan Presidential $1 Coins in Rolls, Bags and Boxes
A United States Mint 10-year program comes to a close with the 2016 Ronald Reagan Presidential $1 Coin. Today at noon ET, circulating-quality Reagan dollars became available in rolls, bags and boxes.
Presidential $1 Coins made their debut in 2007 and have honored deceased Presidents of the United States in the order in which they served. The dollars were issued at a rate of four per year until this year, which saw the final three issues commemorating Richard Nixon, Gerald Ford and now Ronald Reagan [...]
2016 Nancy Reagan First Spouse Gold Coins Launch
Today, July 1, the U.S. Mint released 2016-W $10 Nancy Reagan First Spouse Gold Coins in collector qualities of proof and uncirculated. They mark the last issues in a 10-year series of coins that honor former first ladies.
Featuring a portrait and design emblematic of Mrs. Reagan, the wife of Ronald Reagan who was the 40th President of the United States, the gold pieces are produced in one-half ounce of 24-karat gold to a purity of .9999 fine [...]
Chester L. Krause Dies at 92
Chester L. "Chet" Krause, one of the most influential individuals in the field of numismatics, passed away June 25 at the age of 92.
His name will long be remembered for his contributions to the hobby including, but not limited to, the founding of Numismatic News in October 1952. The flagship publication had humble beginnings, much like its founder, starting out as a one-page newspaper [...]