Monthly Archives: February 2020
Gold Ends Week At 7-Year High; Palladium Posts Another Record
Most precious metals futures moved higher on Friday and they all gained on the week. In milestones, silver ended near a five-month high, gold closed just above a seven-year high, and palladium ended at another record.
Gold for April delivery on Friday rose $28.30, or 1.8%, to settle at $1,648.80 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest since Feb. 12, 2013 when gold finished at $1,649.60 an ounce [...]
PCGS Graded 21 of the Top 25 U.S. Coins Sold in...
Professional Coin Grading Service (www.PCGS.com) closed the books on 2019 by proudly announcing that 20 of the 25 most-expensive United States coins sold at public auction this past year were in PCGS slabs.
That number climbs to 21 when counting a rarity that was certified by a competing grading service, realized nearly $4 million dollars, and then almost immediately after trading hands was crossed over into a PCGS holder [...]
Coin Designer and Sculptor Donna Weaver Autographing NGC Labels
Numismatic Guaranty Corporation® (NGCcoin.com) is excited to announce that Donna Weaver, sculptor of the Return to Monticello Nickel obverse (used since 2016 to present) and designer of the 2020 Basketball Hall of Fame Commemorative Coin common reverse, is signing certification labels exclusively for NGC.
The NGC Donna Weaver Signature Label is the perfect complement to the 2020-W Proof Nickel that will be included in the 2020 United States Mint Proof Set that goes on sale February 27, 2020 [...]
Stack’s Bowers Announces New Store Location
Stack's Bowers Galleries is moving to a new, larger location at 470 Park Avenue in the spring of 2020. The building at 123 West 57th Street that was the historic location of Stack's Bowers has been sold to real estate developers with future plans for the space.
For 67 years, this location housed the operations of the Stack family and organization and has been a numismatic landmark in New York City [...]
Perth Mint Silver Bullion Sales Rally in January
Australian silver bullion products jumped out of the gate in their start to the new year, Perth Mint sales figures for January show.
The Mint's silver sales climbed for a third straight month, registered above 1 million ounces for a six month in a row, and posted their third highest monthly total since CoinNews started tracking the Mint's data in February 2013 [...]
Gold Scores 7-Year High; Palladium Posts New Record
Most precious metals futures advanced Thursday. Platinum ended at yet another record and gold stretched its session gains to six in a row, stopping at a seven-year high.
Gold for April delivery added $8.70, or 0.5%, to close at $1,620.50 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest since Feb. 14, 2013 when gold finished at $1,635.50 an ounce [...]
U.S. Mint Releases 2020 America the Beautiful Quarters Silver Proof Set
Today, Feb. 20, the United States Mint released its 2020 America the Beautiful Quarters Silver Proof Set™. Found within it are five 2020 coins composed in 99.9% silver with reverse designs honoring national sites in American Samoa, Connecticut, the U.S. Virgin Islands, Vermont and Kansas.
This product continues the U.S. Mint's annual tradition of offering a silver proof set with the year's quarter dollars. It marks only the second year where the set's coins are in 99.9% silver [...]
Precious Metals Rise Wednesday, Feb. 19
Precious metals climbed as a group for a second straight session Wednesday. Gains ranged from 0.5% for gold to 3% for palladium. Palladium posted a fresh record. Gold ended near a 7-year high. Silver closed at a more than 6-week high.
Gold for April delivery gained $8.20 to settle at $1,611.80 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest since March 21, 2013 when gold finished at $1,613.80 an ounce [...]
U.S. Mint Produces Over 1.2 Billion Coins for Circulation in January
U.S. circulating coin production rebounded in January with United States Mint facilities in Philadelphia and Denver striking more than 1.2 billion coins spread across cents, nickels, dimes, quarters, half-dollars and dollars.
The production pace surged 206.4% from December but slowed 18.5% from January 2019. Here's how the month stacks up against others in the past year [...]
Gold Marks Best Close Since March 2013; Palladium Logs New Record
Precious metals jumped Tuesday in their start to the new trading week. U.S. markets closed Monday for Presidents Day. In notable metal milestones, silver marked its strongest finish since early January, gold scored its biggest close since early 2013, and palladium registered another new record.
Gold for April delivery tacked on $17.20, or 1.1%, to end at $1,603.60 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest since March 27, 2013 when gold finished at $1,607.20 an ounce [...]