Monthly Archives: August 2017
Gold Eases 0.2%, Silver Dips Below $17
Precious metals were mixed Thursday. Gold and silver futures logged modest changes for a fourth straight session.
Gold for December delivery shed $2.70, or 0.2%, to settle at $1,292 an ounce on the Comex division of the New York Mercantile Exchange [...]
Prominent Hobby Journalist Ed Reiter Passes
Ed Reiter of Nanticoke, Pennsylvania, a one-man institution in coin writing for over half a century, died at the age of 79 in Wilkes-Barre, Pennsylvania on August 24. According to his wife, Patricia, the cause was multiple organ failure.
At the time of his death, Reiter was still a powerful force in journalism for the coin hobby and trade, serving as senior editor of COINage magazine for his 32nd year and executive director of the prestigious non-profit Numismatic Literary Guild in his 27th year [...]
Flora and Fauna of Canada Depicted on 2017 $30 2 oz...
Two ounces of 99.99% silver serve as the medium for a new coin from the Royal Canadian Mint. The 2017 $30 Flora and Fauna of Canada Silver Coin highlights iconic images one might find scattered throughout Canada.
Struck with a proof quality finish with 4,000 allotted, each 50 mm coin is issued to celebrate Canada's 150th anniversary of Confederation [...]
Precious Metals Little Changed Wednesday, Aug. 23
Precious metals futures were little changed Wednesday. Gold, silver and palladium logged slight gains while platinum declined modestly.
Gold for December delivery tacked on $3.70, or 0.3%, to settle at $1,294.70 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Mint Sales: 2017-S Enhanced Uncirculated Sets Are Seesawing
United States Mint sales of the 225th anniversary 2017 Enhanced Uncirculated Coin Set are swinging up and down as apparent returns and cancellations outweigh new orders.
Figures released Aug. 20 by the U.S. Mint showed their sales at 211,273 sets, representing a decline of 12,037 sets from a week earlier when the Mint reported selling 223,310 sets. The Mint allotted 225,000 sets -- a total that pays tribute to the agency's 225th anniversary [...]
Gold Dips From 11-Week High
Precious metals futures ended lower Tuesday following their gains on Monday. Gold eased from its highest close in 11 weeks and palladium dipped from a more than 16-1/2-year high.
Gold for December delivery declined $5.70, or 0.4%, to settle at $1,291 an ounce on the Comex division of the New York Mercantile Exchange [...]
Stack’s Bowers Realize $12.4M in 2017 ANA US Coins Auctions
The Stack's Bowers Galleries Official Auction of the 2017 ANA World's Fair of Money met with incredible success, realizing a total of $19.2 million across all sessions, including over $12.4 million in United States coins.
Showcasing the High Rise Collection, the Magnolia Collection, and other important properties, the sale offered an incomparable lineup of rarities that included the finest known 1853-O No Arrows half dollar and the Lord St. Oswald-Norweb 1794 Flowing Hair dollar [...]
Ellis Island Quarter Ceremony, Coin Exchange and Public Forum
On Aug. 30, the United States Mint and National Park Service will introduce the quarter commemorating New Jersey's Ellis Island National Monument.
This year's fourth quarter ceremony will be at the national site itself, which is depicted on the quarter's reverse [...]
Gold Ends at 11-Week High, Palladium Logs Fresh 16-1/2-Year high
Precious metals futures kicked off the new trading week with gains ranging from less than 0.1% for silver to 1.3% for palladium. Gold scored its best close in 11 weeks while palladium logged a fresh, more than 16-year high.
Gold for December delivery climbed $5.10, or 0.4%, to settle at $1,296.70 an ounce on the Comex division of the New York Mercantile Exchange [...]
U.S. Coin Production Tops 1.25B in July; Ozark Riverways Quarter Mintages...
The United States Mint produced more than 8.8 billion coins through the first seven months of this year, lifted by the over 1.25 billion coins minted in July.
Last month's production pace was a tad quicker than in June, but sharply lower than a year earlier when the Mint made the most coins for a month than any since at least 2007 when CoinNews started tracking the data [...]