Monthly Archives: May 2018
Gold Falls in May, Silver Rises; US Mint Gold Bullion Sales...
Gold futures ended slightly lower Thursday, the final trading day in May, and they registered their second straight monthly decline. Other precious metals scored at least modest advances in May with silver and palladium extending their monthly wins to two in a row.
After reaching a more than two-week high on Wednesday, gold for August delivery on Thursday declined $1.80, or 0.1%, to settle at $1,304.70 an ounce on the Comex division of the New York Mercantile Exchange [...]
NGC Imaging Service Photos Coins Before Encapsulation
One Friday, June 1, Numismatic Guaranty Corporation (NGC) will roll out a new imaging service for customers. The service offers submitters an option to receive high-resolution images of their coins before they are encapsulated.
The raw coin imaging service is called NGC Photo Vision®, and it replaces NGC's current service of the same name [...]
Gold Edges Up 0.2%, Ending At More Than Two-Week High
Precious metals futures advanced Wednesday, led by silver with its 1% increase. Gold trailed them all, rising just 0.2%, but it finished at a more than two-week high.
Gold for August delivery -- the new, most active contract -- rose $2.40 to settle at $1,306.50 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Mint Sales: 2018 Uncirculated Silver Eagle Debuts
The United States Mint scored solid weekly gains among many of its numismatic products even as most collectors took an extended break from collecting to enjoy the Memorial Day weekend.
One newly released product, the 2018-W Uncirculated American Silver Eagle, helped keep some interest going [...]
New Insurance Program Available for PNG Member-Dealers
The Professional Numismatists Guild (www.PNGdealers.org) has established a new insurance program available for current and new PNG member-dealers.
"The enhanced plan approved by the PNG Board of Directors is with Willis Towers Watson, a global leader in coin, currency and precious metals insurance brokerage," explained PNG Executive Director Robert Brueggeman [...]
Gold, Silver and Palladium Decline Tuesday, May 29
Precious metals futures were mostly lower Tuesday following an extended break from trading for the U.S. Memorial Day holiday. Gold and silver registered their second straight session loss as the U.S. dollar gained against other world currencies.
Gold for June delivery declined $4.70, or 0.4%, to settle at $1,299 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Mint Gold Coin Prices May Rise Wed., May 30
The United States Mint on Wednesday, May 30, could increase prices on its suite of collector gold coins. The decision is looking to be a close call, potentially hinging on less than a dollar of movement in gold prices.
The U. S. Mint's numismatic gold coins have prices that can change weekly based on the trending value of gold as compared against its 2018 pricing matrix [...]
National Law Enforcement Museum Commemorative Coins Sought in Congressional Bills
Legislation introduced in the Senate this month joins a House bill in calling for gold, silver and clad coins to commemorate the opening of the National Law Enforcement Museum.
Memorializing the extraordinary service and sacrifice of America's law enforcement officers, the museum will formally open in September 2018 [...]
Gold Logs Weekly Gain; U.S. Mint Gold Coin Sales Jump
Precious metals futures ended mixed on Friday but they all advanced on the week with gains ranging from 0.6% for silver to 1.7% for both platinum and palladium.
Gold for June delivery dipped 70 cents, or less than 0.1%, to settle at $1,303.70 an ounce on the Comex division of the New York Mercantile Exchange [...]
2018 WWI Centennial Silver Medals Shipping
The United States Mint is now shipping customer orders with 2018 silver medals honoring branches of the U.S. Armed Forces that were active during the First World War.
Bearing designs emblematic of the Army, the Navy, the Air Service, the Marines and the Coast Guard, the proof medals went on sale Jan. 17 along with uncirculated and proof silver dollars commemorating the centennial of America's involvement in World War I [...]