Monthly Archives: August 2018
Joel R. Anderson Collection Part II Sale Tops $9.6 Million
Stack's Bowers Galleries' August 16 offering of Part II of the Joel R. Anderson Collection of United States Paper Money in Philadelphia, achieved nearly $10 million as a room full of enthusiasts vied with online bidders to take home unique, extremely rare and finest known pieces, as well as type notes in incredible condition.
In all, the 70 lots realized $9,652,860, with two notes bringing over $1 million each and well over a quarter of the lots crossing the $100,000 mark [...]
1854-S $5 Gold Coin Realizes $2.16 Million in Heritage Philadelphia Sale
One of the world's rarest coins, the fourth known genuine surviving 1854-S San Francisco Mint $5 gold piece -- initially believed to be a fake -- sold for $2,160,000 Thursday, Aug. 16, by Heritage Auctions in Philadelphia.
The 19th century gold rarity is one of just 268 struck by the San Francisco Mint in 1854, an extraordinarily low mintage for a U.S. gold coin produced during the California Gold Rush [...]
PCGS Adds PL and DMPL Designations for California Fractional Gold Coins
Professional Coin Grading Service (www.PCGS.com) now will include the certification of PL (Prooflike) and DMPL (Deep Mirror Prooflike) in the grades for California gold fractional coins that qualify for those designations.
PCGS defines surface Prooflike as clear reflection in the fields on both sides as viewed from two to four inches away. A misty effect or striations may impede the reflectivity [...]
Gold Marks Biggest Weekly Fall in Over Year, Silver Logs Tenth...
Precious metals plunged this week but recovered a bit from earlier settlement lows that had ranged from almost 13 months for palladium to nearly 10 years for platinum. Gold fell for a second straight week, with this week's its biggest decline in more than a year, while silver extended its streak of weekly losses to 10 in a row.
Gold for December delivery on Friday edged up 20 cents to settle at $1,184.20 an ounce on the Comex division of the New York Mercantile Exchange [...]
Finest Known 1913 Liberty Head Nickel Realizes $4.5 Million in Stack’s...
Legendary numismatic auction firm Stack's Bowers Galleries realized another record breaking price when it sold the rarest and most valuable U.S. nickel at their official auction of the ANA World's Fair of Money in Philadelphia.
In front of a standing-room only crowd with auctioneer Melissa Karstedt at the podium, the finest known 1913 Liberty Head nickel brought $4,560,000, becoming one of the five most valuable coins sold at auction [...]
1792 Washington Gold Eagle Realizes $1.74 Million in Heritage Philadelphia Sale
A one-of-a-kind 1792 gold coin believed by its previous owner to have once been a cherished memento of U.S. President George Washington sold for $1,740,000 Thursday, Aug. 16, in Philadelphia by Heritage Auctions.
This is the first time the 1792 $10 Washington President gold eagle pattern coin appeared at public auction since 1890; 100 percent of the net proceeds will benefit charitable causes [...]
2019 America the Beautiful Quarter and Coin Designs Selected
The United States Mint unveiled the final reverse designs for its 2019-dated America the Beautiful Quarters® and counterpart America the Beautiful Five Ounce Silver Coins. The designs were unveiled Tuesday, Aug. 14, at the ANA's World's Fair of Money® in the Philadelphia.
2019 marks the 10th year of coins celebrating national parks and other national sites within the U.S. and its territories [...]
Gold Dips to Fresh 18-Month Low; Other Metals Rebound
Most precious metals futures advanced Thursday, rebounding from lows that reached from almost 13 months to nearly a decade. God was the exception, edging lower on the day for a fresh, more than 18-month settlement low.
Gold for December delivery dipped $1, or less than 0.1%, to finish at $1,184 an ounce on the Comex division of the New York Mercantile Exchange [...]
George Washington & John Adams Presidential Silver Medals Released (Updated)
The United States Mint released today a pair of Presidential medals, the first in a new silver series, featuring George Washington and John Adams.
Sizes of the medals will look familiar as they are struck on the same planchets that are used for American Silver Eagles, with each featuring a composition in 1 ounce of .999 fine silver [...]
Precious Metals Pulverized Wed., Aug. 15
Precious metals futures sank Wednesday with losses ranging from 1.3% for gold to 5.9% for palladium. Gold dropped to a more than 18-month low while silver marked its worst finish in over 30 months. Elsewhere, palladium ended near a 13-month low while platinum dropped to its worst point in nearly a decade.
Gold for December delivery declined $15.70, or 1.3%, to end at $1,185 an ounce on the Comex division of the New York Mercantile Exchange [...]