Monthly Archives: September 2018
100-Point Coin Grading Scale Created by Ron Guth
Award-winning author, researcher and professional numismatist Ron Guth of Expert Numismatic Services, Inc. in San Diego, California (www.ExpertNumismatics.com) has created The Guth 100 Point Coin Grading Scale℠, a new numerical grading scale that he believes will benefit collectors.
The possibility of a 100 point rare coin grading scale has been discussed and debated for decades because the 70 point grading scale is difficult to explain and it does not provide enough grading points on the high end [...]
Precious Metals Advance; 2018 Bullion Silver Eagles Return
Precious metals futures scored modest gains Monday, Sept. 17, as the U.S. dollar retreated somewhat.
Gold for December delivery settled up $4.70, or 0.4%, to $1,205.80 an ounce on the Comex division of the New York Mercantile Exchange [...]
Gold Rises 70 Cents on Week, Silver Ends At 31.8-Month Low
Most precious metals futures closed lower Friday while all but silver, which finished at its worst level since early 2016, advanced on the week.
Gold for December delivery shed $7.10, or 0.6%, to settle at $1,201.10 an ounce on the Comex division of the New York Mercantile Exchange [...]
U.S. Mint Production in August Slows to 831.56 Million Coins
The pace of producing United States coins for circulation slowed in August to an eight month low after jumping to a six-month high in July, the latest manufacturing figures from the U.S. Mint show.
Snapping a string of three monthly increases above the one billion level, the Mint struck 831.56 coins last month for declines of 40.7% from July and 28.8% from August 2017 [...]
Perth Mint Gold Bullion Sales Rally in August to Ten-Month High
Overall demand for Australian bullion products picked up in August for a second month in a row, according Perth Mint figures published Sept. 2, 2018. Even better for the Mint, its gold sales were the strongest since October and its silver sales the highest since May.
The monthly gains happened against a backdrop of plunging precious metals with LBMA prices in August dropping 1.5% for gold and 5% for silver [...]
Precious Metals Finish Divided Thursday, Sept. 13
Precious metals futures ended divided Thursday, registering only modest changes. Gold and silver closed lower while platinum and palladium finished higher.
Gold for December delivery shed $2.70, or 0.2%, to settle at $1,208.20 an ounce on the Comex division of the New York Mercantile Exchange [...]
Jefferson County Sheriff’s Department to Host Numismatic Crime Investigations Class
The Jefferson County Sheriff's Department will host an in-depth Numismatic Crime Investigations class on Oct. 12, 2018 in Beaumont, Texas.
The class will be presented by the Numismatic Crime Information Center (NCIC) and will provide attendees with the basic skills, knowledge and resources to effectively investigate a crime related to coins, paper money and related numismatic items [...]
Cumberland Island Quarters for Georgia in Three-Coin Set
Cumberland Island National Seashore Quarter Three-Coin Sets will be introduced by the United States Mint today, Sept. 13, 2018. The agency will begin selling the set beginning at noon ET for $9.95.
The Cumberland Island quarter is the fourth release this year from the U.S. Mint's America the Beautiful Quarters® Program [...]
Gold Ends at Two-Week High, Silver Bounces from 31.5-Month Low
On Wed., Sept. 12, precious metals futures advanced as a group for the first time since Aug. 27. Increases ranged from 0.3% for palladium to 1.3% for platinum. Gold ended at a two-week high while silver rebounded from a more than two-and-a-half year low.
Gold for December delivery tacked on $8.70, or 0.7%, to settle at $1,210.90 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Mint Sales: 2018 Proof Palladium Eagle Debuts
The 2018-W $25 Proof American Palladium Eagle lasted less than five minutes from its Sept. 6 launch before becoming unavailable. Its first-day sales reached 14,782 out of the possible 15,000 mintage.
It climbed a bit since to 14,796, according to the latest United States Mint sales stats. That figure will change again and again as the U.S. Mint continues to reconcile orders [...]