Monthly Archives: April 2020
Gold, Silver and Platinum Soar in April; US Mint Bullion Sales...
Gold and silver prices declined for a fifth straight session Thursday, although both metals still scored sharp monthly gains. Platinum and palladium advanced on the day but only former posted an increase in April. Palladium for the month dropped over 15%.
Gold for June delivery declined $19.20, or 1.1%, to settle at $1,694.20 an ounce on the Comex division of the New York Mercantile Exchange [...]
Online Sales of Fake Gold and Silver Cost Public Millions
The current enormous demand and limited supply of silver and gold bullion coins and other precious metals items during the COVID-19 pandemic have created a breeding ground for the distribution of counterfeits that is costing unsuspecting investors millions of dollars, according to the nonprofit Anti-Counterfeiting Educational Foundation [...]
US Mint Sales: 2020 Silver Proof Set Unavailable at 190,942
The United States Mint's best weekly seller was its most recently released product, the 2020 Silver Proof Set which includes 10 proof coins from the San Francisco Mint and comes with a bonus reverse proof nickel from the West Point Mint.
The set's position as the U.S. Mint's strongest seller will end, at least for a time, as its ordering status is now "currently unavailable" [...]
NGC-Certified Coins Top Heritage’s April 2020 CSNS Sales
An 1858 Eagle certified by Numismatic Guaranty Corporation® (NGCcoin.com) realized nearly half a million dollars to top Heritage Auctions' high-profile Central States Numismatic Society (CSNS) sales in April 2020. Originally scheduled to be held in conjunction with the CSNS convention in Chicago, the auctions were instead held over the phone and online.
The top four prices realized in the US coins sale were for NGC-certified coins. The 1858 Eagle, which is graded NGC PF 64 Ultra Cameo and pedigreed to the Trompeter Collection, realized $480,000 [...]
Gold and Silver Decline Wed., April 29
For a third straight session Wednesday, platinum gained as gold and silver declined. Palladium also advanced on the day, its first increase in four sessions. Losses in gold and silver were actually their fourth in a row.
Gold for June delivery declined $8.80, or 0.5%, to settle at $1,713.40 an ounce on the Comex division of the New York Mercantile Exchange [...]
U.S. Mint at San Francisco to Resume Operations on May 4
The United States Mint facility at San Francisco will resume operations the morning of Monday, May 4, 2020, utilizing a reduced staffing plan in order to maintain social distancing.
San Francisco operations were temporarily suspended on March 17, 2020, in order to reduce employee risk of exposure to COVID-19. This proactive measure was taken during the early stages of COVID-19 outbreaks in the San Francisco Bay Area [...]
Paper Money Guaranty Certifies 5 Million Notes
Paper Money Guaranty® (PMG®) is proud to announce that it has now graded 5 million notes, becoming the first third-party grading service to achieve this important industry milestone.
PMG's achievement is even more impressive in that it comes at a time when the world faces unprecedented challenges [...]
Gold, Silver and Palladium Decline for Second Day
For a second straight session, platinum prices increased while those for gold, silver and palladium declined.
Gold for June delivery dipped $1.60, or 0.09%, to settle at $1,722.20 an ounce on the Comex division of the New York Mercantile Exchange [...]
Gold, Silver and Palladium Decline Monday, April 27
In kicking off the new trading week on Monday, platinum gained while gold, silver and palladium declined.
Gold for June delivery lost $11.80, or 0.7%, to settle at $1,723.80 an ounce on the Comex division of the New York Mercantile Exchange [...]
Gold Prices Log 2.2% Weekly Gain
Precious metals prices declined Friday, paring gold's increase on the week while cementing weekly losses for silver, platinum and palladium.
Gold for June delivery declined $9.80, or 0.6%, to settle at $1,735.60 an ounce on the Comex division of the New York Mercantile Exchange [...]