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2017 August

Monthly Archives: August 2017

Gold Logs First Loss in Four Sessions, Silver Logs Fifth Straight...

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Gold Logs First Loss in Four Sessions, Silver Logs Fifth Straight GainPrecious metals ended mixed Monday, with gold snapping a three-session winning streak and silver gaining for a fifth session in a row to mark a 2-month high.

Gold for December delivery declined $3.60, or 0.3%, to settle at $1,290.40 an ounce on the Comex division of the New York Mercantile Exchange [...]

Last Chance at U.S. Mint Presidential $1 Coin Products

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Back and Cover of Presidential $1 Coin brochure

Last Chance at U.S. Mint Presidential $1 Coin ProductsThis is the last year to buy Presidential $1 Coins and related products, the United States Mint announced in a brochure that was snail-mailed to customers this month.

Coins honoring former U.S. presidents and their spouses debuted in 2007 as directed by Public Law 109-145. The series ran for 10 years, ending in 2016 with the last pieces celebrating Ronald and Nancy Reagan [...]

Gold Advances 2.3% on Week, Silver Soars 5%

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Gold Advances 2.3% on Week, Silver Soars 5%Silver and gold futures advanced on Friday, padding weekly gains -- their fifth in six weeks, and posting respective settlement highs of more than eight and nine weeks.

Gold for December delivery climbed $3.90, or 0.3%, to close at $1,294 an ounce on the Comex division of the New York Mercantile Exchange [...]

2017 Tree of Luck 1 oz Silver Coin Embellished with Natural...

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2017 $1 Tree of Luck 1 oz. Pure Silver Coin - Obverse

2017 Tree of Luck 1 oz Silver Coin Embellished with Natural MalachiteThe Royal Canadian Mint is showcasing a new and limited world coin from the Mint of Poland, the 2017 $1 Tree of Luck 1 oz. Pure Silver Coin.

Restricted to a worldwide mintage of 1,000 pieces, the 99.9% silver coin is struck for Niue and is embellished with green malachite stone. The previous 2016-dated series coin sold out [...]

US Banknote Production in June Lowest in Four Months

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BEP Money Production in Fort Worth TX, June 2017

US Banknote Production in June Lowest in Four MonthsU.S. paper money production slowed to a four-month low in June, according to data published Aug. 8 by the agency responsible for printing American currency.

The Bureau of Engraving and Printing (BEP) produced 547.52 million banknotes in June for a combined value of more than $13.2 billion [...]

Stack’s Bowers Realize $4.54M in 2017 ANA World Coins, Ancient Coins...

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RUSSIA. Birth of Grand Duke Alexander Pavlovich Medal

Stack's Bowers Realize $4.54M in 2017 ANA World Coins, Ancient Coins and Currency AuctionsStack's Bowers Galleries is pleased to announce the results of their August 2017 auction of world coins, world paper money and ancient coins.

In total, the Stack's Bowers Galleries ANA World's Fair of Money auction realized over $19 million (including the standard buyer's premium) with the ancient coins, world coins and world paper money realizing $4.54 million [...]

US Mint Sales: 2017 Proof Platinum Eagle Nearing Sellout?

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US Mint Sales: 2017 Proof Platinum Eagle Nearing Sellout?The United States Mint saw increased buying activity last week, according to the latest sales report which shows 215 of 292 products outperforming their prior weekly gains.

The U.S. Mint's newest release, the 225th Anniversary 2017-S Enhanced Uncirculated Coin Set, obviously pulled more eyes to extra products [...]

Gold Notches 9-Week High, Silver Logs New 8-Week High

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Gold Notches 9-Week High, Silver Logs New 8-Week HighPrecious metals futures advanced Thursday on continued safe-haven demand. Gold finished at a more than nine-week high and silver ended at its best price in more than eight weeks.

Gold for December delivery tacked on $10.80, or 0.8%, to settle at $1,290.10 an ounce on the Comex division of the New York Mercantile Exchange [...]

Stack’s Bowers Realize $2.3 Million in 2017 ANA U.S. Currency Auction

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T-2 1861 $500

Stack's Bowers Realize $2.3 Million in 2017 ANA U.S. Currency AuctionThe auction room of the Stack's Bowers Galleries Official United States Currency Auction at the ANA World's Fair of Money bustled with activity the evening of August 2, as bidders eagerly competed for a diverse offering of collectible paper money.

Prices realized for the auction totaled $2,300,756. All prices quoted include the buyer's fee [...]

Gold Advances 1.3%, Silver Rallies Near 2-Month High

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Gold Advances 1.3%, Silver Rallies Near 2-Month HighGold and silver futures rallied Wednesday. Silver scored its best close in nearly two months while gold ended at its highest price in more than a week.

Gold for December delivery advanced $16.70, or 1.3%, to settle at $1,279.30 an ounce on the Comex division of the New York Mercantile Exchange [...]