Monthly Archives: September 2017
Gold and Silver Prices Edge Lower
Gold and silver futures slipped slightly Tuesday, marking their second straight day of losses after scoring respective annual and more than twenty-week highs. The metals were pressured, opined analysts, as investors looked to riskier bets.
Gold for December delivery shed $3, or 0.2%, to settle at $1,332.70 an ounce on the Comex division of the New York Mercantile Exchange [...]
PNG: Three Steps To Avoid Gold Scams
Following the recent fraud charges filed by the Commodity Futures Trading Commission against a California gold seller, a trade group composed of veteran precious metals experts is urging investors to take three important steps before making any purchases of gold, silver or platinum bullion coins or ingots.
"To avoid paying too much when you buy or receiving too little when you sell, and to avoid potential scams, investors absolutely must know the credentials of the bullion dealer [...]
2017 American Liberty Silver Medal Set Price is $199.95
United States Mint pricing has been announced for the upcoming 2017 American Liberty Silver Medal Set. The set of four 1-ounce .999 fine silver medals will be $199.95, according to a U.S. Mint memo published today on the Federal Register, the official source of notices by government agencies and a daily journal of their proceedings.
The memo is dated Thursday, Sept. 7, when LBMA silver was $17.79 an ounce, which indicates the Mint at that time was comfortable with a premium over spot of $32.20 per medal [...]
Gold Slips from 1-Year High
Most precious metals ended lower in their start to the new trading week on Monday. Gold prices dropped from a one-year high.
Gold for December delivery declined $15.50, or 1.1%%, to settle at $1,335.70 an ounce on the Comex division of the New York Mercantile Exchange [...]
Heritage Auctions Opens London Office and Gallery
Heritage Auctions, one of the world's largest auction companies, opened an office in London, England at 6 Shepherd Street, London, Mayfair W1J 7JE. The office will be staffed by veteran coin collectors and experts Max Tursi and Nicholas Mathioudakis.
The London office joins Paris, Geneva, Amsterdam and Hong Kong in the international footprint for Heritage Auctions [...]
PCGS to Recognize Cameo and Deep Cameo for PL and Specimen...
On Sept. 1, 2017, the Professional Coin Grading Service (PCGS) started recognizing Cameo and Deep Cameo contrast on MS-60 and higher Prooflike and Specimen Canadian coins.
According to Mike Sargent, Director of World Coin Grading for PCGS, the move was made in response to numerous inquiries and requests from the Canadian numismatic community [...]
Gold Marks Fresh 1-Year High; Extends Weekly Wins to Three Straight
Gold and silver futures logged their fifth set of gains in six sessions Friday, cementing their third straight weekly increases and marking fresh settlement highs extending from about twenty weeks for silver to a year for gold.
Gold for December delivery edged up 90 cents, or less than 0.1%, to close at $1,351.20 an ounce on the Comex division of the New York Mercantile Exchange [...]
Coin Carousel Brings Coin Collecting to Next Generation
In 1999, the U.S. Mint release of the 50 State Quarters® Program prompted a resurgence in coin collecting and became the most successful coin collecting series in history. However the younger generation is not adopting coin collecting as a hobby, like they have in the past.
Whether the cause is electronic entertainment or the decline in use of coins, Elia Martinez, an Arizona inventor, wants to put a new spin on coin collecting, specifically to entice the next generation of coin collectors and bridge the gap between generations [...]
NGC Grades Rare British 1839 ‘Una and the Lion’ Gold Coin
Numismatic Guaranty Corporation (NGC) authenticated and graded an iconic 1839 Victoria "Una and the Lion" gold coin.
Widely considered to be the most beautiful British coin ever struck, the rarity was submitted by Baldwin's of St. James's, an English firm. It was graded NGC PF 65 Ultra Cameo, making it one of the finest known of the type [...]
CCAC to Discuss Designs for 2019 Quarters and OSS Medal
The Citizens Coinage Advisory Committee (CCAC) will meet Tuesday, Sept. 19, to appraise revised designs for the Office of Strategic Services Congressional Gold Medal (OSS) and review designs for the 2019-dated coins from the United States Mint's program of America the Beautiful Quarters®.
The CCAC is tasked with advising the Secretary of the Treasury on themes and designs pertaining to all United States coins and medals [...]