Monthly Archives: July 2018
Veteran Dealer: “We Have Seen the 2018 Low for Gold”
"The reality of a real trade war and its effect on the U.S. and world economies has finally hit the precious metal markets. We have seen the 2018 low for gold," stated Barry Stuppler of Woodland Hills, California, President of the Accredited Precious Metals Dealers, a division of the Professional Numismatists Guild (PNG).
The premium between the intrinsic value and market value of many pre-1934 dated gold coins is at its lowest point in decades, he noted [...]
Gold and Silver Register 0.3% Losses
Precious metals futures ended lower Tuesday after rising in the previous session. Gold and silver each shed 0.3%. On Monday, gold finished at an almost two-week high.
Gold for August delivery slipped $4.20 to settle at $1,255.40 an ounce on the Comex division of the New York Mercantile Exchange [...]
Lucky Panda $2 Note Features ‘888’ Serial Number
The Bureau of Engraving and Printing (BEP) released its latest Lucky Money product, the $2 Lucky Panda banknote.
Featuring an uncirculated $2 Federal Reserve note with a serial number beginning with "888," the bureau launched the new collectible today at 8:00 a.m. Eastern for $12.88 [...]
Barry Goldwater Jr. to Autograph NGC Labels
Numismatic Guaranty Corporation (NGC) has announced that Barry Goldwater Jr., a member of the US House of Representatives from California for 14 years, will exclusively and individually autograph NGC certification labels. Goldwater is the son of former US Senator and 1964 presidential candidate Barry Goldwater.
Serving alongside his father in Congress, Goldwater earned a reputation as a champion of individual liberty and co-authored the Privacy Act of 1974, which protected the distribution of personally identifiable information [...]
Gold Settles to Nearly Two-Week High
Precious metals futures logged mostly modest gains in their start to the new trading week on Monday. Gold's percentage win was the weakest among metals but it finished at an almost two-week high.
Gold for August delivery tacked on $3.80, or 0.3%, to settle at $1,259.60 an ounce on the Comex division of the New York Mercantile Exchange [...]
SS Central America Treasure Includes Rare Territorial Gold Coins
Some of the finest known Kellogg & Co. and Wass Molitor & Co. San Francisco gold coins are among the 105 historic California Gold Rush Territorial coins recovered during the last expedition to the fabled "Ship of Gold," the SS Central America, that sank in 1857.
The headline-making recovery also includes a rare variety U.S. Assay Office $20 coin and an unusual counterstamped Wass Molitor $5 gold piece [...]
Gold Inches Up on Week for First Weekly Advance in Four...
Precious metals futures ended divided Friday. Gold was among the losers on the day but it stood alone with a weekly advance -- a very modest one.
Gold for August delivery shed $3, or 0.2%, to settle at $1,255.80 an ounce on the Comex division of the New York Mercantile Exchange [...]
Carson City Mint 150th Anniversary Commemorative Coins Proposed
Legislation introduced in the House of Representatives last week is calling for gold and silver commemorative coins in honor of the 150th anniversary of the Carson City Mint.
Congress established the Carson City Mint in 1863 to serve the coinage needs brought on by the Comstock Lode during the silver rush in Nevada [...]
DLRC Purchase of 1804 Draped Bust Dollar
David Lawrence Rare Coins (DLRC) has acquired one of only fifteen known examples of the world-famous 1804 Draped Bust Dollar -- known as the "King of American Coins" -- on behalf of a partner, Dell Loy Hansen.
Mr. Hansen is a lifelong coin collector, businessman and owner of the Real Salt Lake major league soccer team in Salt Lake City, Utah [...]
Gold Ends at More Than 1-Week High on Thursday, July 5
Precious metals futures ended mostly higher Thursday, one day after U.S. markets closed for Fourth of July celebrations. Gold futures rose for a second straight session, ending at a more than one-week high.
Gold for August delivery added $5.30, or 0.4%, to settle at $1,258.80 an ounce on the Comex division of the New York Mercantile Exchangr [...]