Monthly Archives: July 2018
US Mint Sales: 2018 Core Sets and Silver Eagles Lead
Demand retreated last week for United States Mint products made for collectors. A lack of new releases combined with the typical summer dodrums played their part in slowing Mint sales.
The U.S. Mint's core annual sets following by its proof and uncirculated Silver Eagles saw the most attention. Sets of 2018-dated quarters were also popular [...]
Stack’s Bowers and Ponterio August 2018 Hong Kong Auction Highlights
Stack's Bowers and Ponterio is pleased to announce details of their upcoming Hong Kong Auction of Chinese and Asian coins and currency, to be held Monday August 6 through Wednesday August 8 at The Mira Hong Kong, 118 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong.
Stack's Bowers and Ponterio is the leading auctioneer of rare coins and banknotes in Asia, and this auction is packed with exceptional rarities and highly desirable numismatic treasures[...]
Seller of Counterfeit Coins in Counterfeit NGC Holders Pleads Guilty
A seller of counterfeit coins in counterfeit NGC holders pleaded guilty to importing counterfeit coins and bars into the United States, the Numismatic Guaranty Corporation (NGC) reports. The charge carries a maximum sentence of 15 years in prison.
NGC first became aware that Jonathan Kirschner of Moorestown, New Jersey, was selling counterfeit NGC holders in mid-2017 [...]
Precious Metals Rebound Ahead of Fourth of July Break
Precious metals futures jumped Tuesday ahead of the U.S. Independence Day holiday break on Wednesday and after diving in their start to the week on Monday.
Gold for August delivery tacked on $11.80, or 1%, to settle at $1,253.50 an ounce on the Comex division of the New York Mercantile Exchange [...]
PCGS Discovers Rare Overdate Liberty Head Gold Eagle in Paris
This Eagle flew far from home. A rare 1853/2 overdate U.S. Liberty Head $10 gold coin was discovered when it was recently submitted to the Professional Coin Grading Service (www.PCGS.com) office in Paris, France. The submitter did not know it was a rare variety Eagle and unknowingly included it with a group of "common" U.S. gold pieces.
The overdate coin is now graded PCGS Gold Shield MS62, the highest 1853/2 Eagle ever graded by the company in its 32 years of rare coin authentication, according to PCGS President Don Willis [...]
US Mint Collector Gold Coin Prices May Decline
In response to falling gold prices, the United States Mint may reduce prices this week on its gold coins for collectors. As has been the case over the last month, a few dollars in the change of gold prices will likely decide whether or not the Mint's pricing moves down.
The U.S. Mint's collection of gold coins have prices that can adjust weekly based on the trending value of gold as compared against its 2018 pricing matrix [...]
Stack’s Bowers to Offer Archangel Collection of Colonial and 1792 Coinage
Stack's Bowers Galleries (StacksBowers.com) is pleased to announce the Archangel Collection of Colonial and 1792 Coinage as a featured highlight of their October 2018 Official Auction of the Whitman Coin & Collectibles Expo in Baltimore.
Comprising a comprehensive type set of early American and related issues, the cabinet showcases some of the greatest rarities of the era, from the Massachusetts silver coinage through the earliest U.S. Mint issues, all displaying exceptionally superb quality [...]
Perth Mint of Australia Collector Coins for July
The Perth Mint of Australia released its July collections of gold and silver coins. The Mint's latest collectibles showcase Australian Kangaroos, golden retriever puppies, ships from Star Trek, koi fish, Ganesha, and St. Edward's crown.
Sizes of the coins range from 1/2 ounces to 5 ounces and their finishes are proof or antiqued. The purities of each -- whether gold or silver -- are .9999 fine except for the limited-edition gold sovereign which is struck in the traditional 22-carat composition of .917 fine [...]
Precious Metals Tumble; Gold Starts July at New 2018 Low
Precious metals futures kicked off the new trading week, month, and quarter with deep declines. Gold and silver logged their fifth set of losses in six sessions with the former ending at yet another low for the year.
Gold for August delivery dropped $12.80, or 1%, to settle at $1,241.70 an ounce on the Comex division of the New York Mercantile Exchange [...]
NGC Certifies Rare 1916 Standing Liberty Quarter Pattern
Numismatic Guaranty Corporation (NGC) has certified an extremely rare pattern 1916 Standing Liberty Quarter. Graded NGC PF 61, it is believed to be only the third example in existence.
The coin was originally graded by another third-party grading service, which had identified it as a regular 1916 Standing Liberty Quarter. The error was undetected until [...]