Monthly Archives: November 2018
Silver Ends at 34-Month Low, Gold Dips 0.2%
Gold, silver and platinum futures closed down Tuesday for a fourth session in a row while palladium broke its streak of three straight session slides. Silver marked its weakest finish since early 2016.
Gold for December delivery declined $2.10, or 0.2%, to settle at $1,201.40 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the lowest since Oct. 10 [...]
2018 Block Island Quarters for Rhode Island Released
Appearing as the last new quarter dollar from the United States Mint in 2018 is the coin honoring Block Island National Wildlife Refuge of Rhode Island.
Block Island quarters launched today in 40-coin rolls and 100-coin bags with varied options available by production facility [...]
Precious Metals Extend Declines to Third Session
Precious metals futures ended lower for a third session in a row Monday. Gold closed at a fresh, more than one-month low.
Gold for December delivery shed $5.10, or 0.4%, to settle at $1,203.50 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the lowest since Oct. 10 [...]
RARCOA and Standard Numismatics Complete Merger, Donate $100K to PNG Anti-Counterfeiting
Rare Coin Company of America, Inc. (RARCOA, www.rarcoa.com) of Willowbrook, Illinois and Standard Numismatics LLC of Chicago have completed their previously announced merger.
In recognition of finalizing the arrangement, leaders of both firms, RARCOA Chief Executive Officer Wayde Milas and Standard Numismatics President Brett Charville, are each donating $50,000 to the Professional Numismatists Guild (www.PNGdealers.org) to help combat counterfeits [...]
PMG Will Attribute Pre-Star Replacement Notes
Paper Money Guaranty® (PMG) will attribute "Pre-Star Replacement Notes" for Large Size National Bank Notes, Small Size National Bank Notes and Large Size Type Notes (such as Legal Tender, Silver and Gold Certificates and Federal Reserve Notes) starting Nov. 15, 2018.
Replacement notes are those that took the place of notes that were deemed unfit for circulation. Today, replacement notes for US Federal Reserve Notes are easy to identify thanks to a star (★) in their serial number [...]
Gold Ends Week at 1-Month Low, Silver Logs 4.2% Weekly Loss
Precious metals futures declined for a second straight session Friday, locking down their weekly losses. Gold finished at a one-month low.
Gold for December delivery on Friday fell $16.50, or 1.4%, to settle at $1,208.60 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the weakest since Oct. 10 [...]
Block Island National Wildlife Refuge Quarter Photos
Coin events next week will celebrate Block Island National Wildlife Refuge. Located 12 miles off the southern coast of Rhode Island, the refuge was established in 1973 with the transfer of 28 acres from the U.S. Coast Guard, and has grown to its current size of 134 acres. The island is known around the world for its variety of migratory birds and its stunning barrier beaches.
On Tuesday, Nov. 13, the quarter depicting the refuge launches into circulation and the U.S. Mint begins selling them in rolls and bags. Then on Thursday, Nov. 15, the U.S. Mint and U.S. Fish and Wildlife Service will introduce the quarter in an official ceremony [...]
Stack’s Bowers October 2018 Baltimore Paper Money Sale Tops $11.1 Million
The Official Currency Auction of the Whitman Coin & Collectibles Winter Expo, presented by Stack's Bowers Galleries (StacksBowers.com), saw total sales that exceeded $11.1 million.
Part III of the Joel R. Anderson Collection realized over $8.6 million, while the Caine Collection of Federal Proofs and Essays, Part I, brought over a million dollars. The firm's regular live and Internet sessions added $1.48 million to the sale total. All prices include the 20% buyer's fee [...]
CCAC to Review Designs for American Veterans Medals
The Citizens Coinage Advisory Committee (CCAC) will hold a public meeting Wednesday, Nov. 14, to review and discuss candidate designs for the American Veterans Medal.
The CCAC's main task is to advise the Secretary of the Treasury on themes and designs pertaining to all United States coins and medals [...]
Precious Metals Decline Thursday, Nov. 8
Precious metals futures declined Thursday after advancing on Wednesday. Their losses ranged from 0.3% for gold to 1% for both silver and platinum.
Gold for December delivery declined $3.60 to settle at $1,225.10 an ounce on the Comex division of the New York Mercantile Exchange [...]