Monthly Archives: February 2020
Gold, Silver and Platinum Drop In February; U.S. Mint Bullion Sales...
Precious metals tumbled Friday, cementing their across-the-board weekly losses even after several of them registered milestone highs earlier in the week. All but palladium posted declines in February.
Gold for April delivery on Friday sank $75.80, or 4.6%, to settle at $1,566.70 an ounce on the Comex division of the New York Mercantile Exchange [...]
Georgia-Struck 1830 Gold Coin Sells For Record $480,000 in Atlanta
A small gold coin with a face value of $2.50 when it was struck in northern Georgia in 1830 sold for a record price of $480,000 to an anonymous Georgia collector in an auction in Atlanta Thursday night, February 27, 2020.
It is one of the finest known of less than two dozen surviving examples privately struck by Milledgeville, Georgia cotton gin mill manufacturer Templeton Reid during the state's historic 19th-century gold rush [...]
CCAC to Review Designs for 2020 Bush Coins and 2021 American...
The Citizens Coinage Advisory Committee (CCAC) will hold a two-day public meeting beginning Tuesday, March 10, to review and discuss candidate designs for 2020 coins honoring George H.W. and Barbara Bush and for 2021 American Innovation dollars for New Hampshire, Virginia, New York, and North Carolina.
The CCAC is tasked with advising the Secretary of the Treasury on themes and designs pertaining to all United States coins and medals [...]
Gold Slides For Third Day; Palladium Gets Another Record
Gold ended lower Thursday for a third day in a row after eight straight session gains that had lifted prices to their best level since early 2013. Palladium was the only metal higher on the day, logging another new record.
Gold for April delivery dipped 60 cents, or 0.04%, to settle at $1,642.50 an ounce on the Comex division of the New York Mercantile Exchange [...]
U.S. Mint 2020 Proof Set Purchase Includes Premium ‘W’ Nickel
New coins for collectors become available today as part of the U.S. Mint's clad 2020 Proof Set. This signature annual offering is always popular with collectors but this year we should see enhanced demand owing to the exclusive inclusion of a bonus premium coin.
That coin, available only by purchasing the set, is a proof 2020 Jefferson nickel. It features the West Point Mint's "W" mint mark as compared to the set's 10 coins with "S" mint marks for the San Francisco Mint [...]
Anti-Counterfeiting Seminar Produces Results In Fight Against Fakes
A seminar for law enforcement officials conducted by the Anti-Counterfeiting Educational Foundation (ACEF) during the recent February 2020 Long Beach Coin, Currency, Stamp & Sports Collectibles Expo already has produced positive results in the fight against fakes in the numismatic marketplace.
The seminar's objective was to bring together representatives of federal and local agencies that come into contact with counterfeits or investigate counterfeits, and educate them about the expert resources available from ACEF's Anti-Counterfeiting Task Force to assist during their investigation and prosecution of cases [...]
Gold Sheds 0.4%; Palladium Posts Record; US Mint Bullion Sales Reported
Gold prices declined for a second day in a row Wednesday following eight straight session gains. Palladium, meanwhile, logged another new record.
Gold for April delivery shed $6.90, or 0.4%, to settle at $1,643.10 an ounce on the Comex division of the New York Mercantile Exchange [...]
Andrew Jackson Presidential Silver Medal Released
Silver and American history enthusiasts have a new option from the United States Mint with the release on Monday of the Andrew Jackson Presidential Silver Medal.
The medal is composed of 99.9% silver to a diameter of 1.598 inches. Found on its obverse (heads side) is the likeness of Jackson, the seventh President of the United States [...]
Gold Logs First Loss in Nine Sessions; Palladium Scores Record
Palladium scored another record Tuesday while silver, gold and platinum declined. Silver sank from a nearly six-month high. Gold's loss was its first in nine sessions after notching a seven-year high on Monday.
Gold for April delivery fell $26.60, or 1.6%, to settle at $1,650 an ounce on the Comex division of the New York Mercantile Exchange [...]
Gold Logs New 7-Year High; Silver Ends Near 6-Month High
Precious metals futures divided Monday with gold and silver rising and platinum and palladium falling. Gold ended at a fresh, seven-year high while silver posted a nearly 6-month high.
Gold for April delivery tacked on $27.80, or 1.7%, to settle at $1,676.60 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest since Feb. 6, 2013 when gold ended at $1,678.80 an ounce [...]