Monthly Archives: May 2018
Gold Logs First Weekly Increase in Four Weeks
Precious metals futures ended mostly lower Friday but they advanced on the week. Silver stretched its weekly wins to two in a row. While gold dipped from a two-week high on Friday, the yellow metal snapped a string of three weekly losses.
Gold for June delivery shed $1.60, or 0.1%, to settle at $1,320.70 an ounce on the Comex division of the New York Mercantile Exchange [...]
Canadian $20 Silver Coin Celebrates Wedding of Prince Harry and Meghan...
The Royal Canadian Mint is celebrating the upcoming wedding of Prince Henry of Wales and Meghan Markle with a 1 oz. .9999 fine $20 silver coin depicting the couple. The wedding ceremony will take place May 19 at St. George's Chapel in Windsor Castle.
The Mint is also making a $25,000 donation to the Centre for Addiction and Mental Health (CAMH) Foundation in Toronto. The collectible was unveiled May 9 at Toronto's CAMH [...]
Gold Coins and Ingots Highlight May 15-16 Sedwick’s Treasure Auction #23
In the early years of the United States of America, a lack of gold coinage forced citizens to utilize an unusual but practical source. Known as regulated gold, these were foreign gold coins adjusted by respected goldsmiths to weights compatible with US dollars.
One such piece, an NGC-graded XF 40 Lima, Peru, cob 8 escudos dated 1741 struck during the reign of Philip V of Spain and regulated by Boston goldsmith Joseph Edwards, Jr. (1737-1783) to $15 in circulating value, will cross the auction block in Daniel Frank Sedwick's Treasure Auction 23 [...]
2018-W $50 Proof American Buffalo Gold Coin Released
Today, May 10, the United States Mint started selling the 2018-W $50 Proof American Buffalo Gold Coin. Each piece is struck from 1 ounce of 24-karat, 99.99% pure gold at the U.S. Mint's facility in West Point.
Adorning the gold coin are two classic designs that first appeared on U.S. coinage in 1913 [...]
2018 PNG Day Plans Announced
The Professional Numismatists Guild will conduct a one-day public show, Monday, August 13, 2018, in Philadelphia.
The first 50 public attendees at the PNG Day show will each receive a certificate good that day for $100 off any retail purchase of $500 or more from a participating PNG member-dealer [...]
PCGS Detects Doctored Colonial Rarity
A drastically but deceptively altered 1792 Washington Eagle "cent" submitted to Professional Coin Grading Service underscores the alarming skills of some so-called "coin doctors" and why it is essential to have rare coins expertly and independently examined.
Detective work by PCGS experts proved the recently submitted early American coin had been deceivingly repaired since it was offered in auctions between 1966 to 2013 to remove a hole, alter re-engraving and change the coin's color to give it a radically new appearance [...]