Monthly Archives: June 2020
2020 Basketball Hall of Fame Commemorative Coins Launch
Seven products for collectors make their way to availability at noon (EDT) today with the launching of the United States Mint 2020 Basketball Hall of Fame Commemorative Coin Program. These releases include pairings of proof and uncirculated $5 gold coins, silver dollars, and clad half-dollars as well as a special enhanced uncirculated half-dollar that is exclusive to a set for kids.
Every coin is curved and features a design recognizing the 60th Anniversary of the Naismith Memorial Basketball Hall of Fame [...]
Precious Metals Decline Wed., June 3
Precious metals prices fell together for a second straight session Wednesday, led by a 1.7% loss in gold.
Gold for August delivery gave back $29.20 to settle at $1,704.80 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the lowest since May 11 [...]
PCGS Coin Quest 2020 Winners Announced
The Professional Coin Grading Service (www.PCGS.com) Coin Quest 2020 has come to an exciting end with the recognition of two winners.
The quest, which kicked off early in the year, challenged collectors to find circulating examples of 2020 Philadelphia and Denver Cents, Nickels, and Dimes and to be among the first to submit them to PCGS for a coveted PCGS Early Find label [...]
US Mint Sales: Flagship 2020 Sets Most Sought
Two flagship United States Mint sets were the strongest numismatic sellers for the week ending May 31, according to the latest batch of sales figures published by the Mint.
The 2020 Silver Proof Set led, advancing 3,339 to 213,558 units, and the clad 2020 Proof Set directly followed with an increase of 2,754 to 265,097 units. After the pair, older 2018- and 2019-dated products rounded out the list of top sellers [...]
Precious Metals Decline Tuesday, June 2
Precious metals prices registered losses Tuesday that ranged from 0.3% for palladium to 3.6% for platinum. Silver fell from a more than three-month high, for its first decline in five sessions.
Gold for August delivery lost $16.30, or 0.9%, to settle at $1,734 an ounce on the Comex division of the New York Mercantile Exchange [...]
Michael Fuljenz: Fundamentals For Gold Strong, Boosting Demand For Rare Coins
The fundamentals for gold continue strong as it reaches new highs worldwide and near an eight-year high in the United States, and that is helping to boost increased demand for some rare gold coins, according to award-winning writer Michael Fuljenz, President of Universal Coin & Bullion (www.UniversalCoin.com).
"One reason for the demand for popular rare coins is that when gold and silver prices rise, many bullion buyers eventually also begin purchasing rare gold coins. So, I'm advising clients to take advantage of the market now," explained Fuljenz [...]
Gold Dips in June Start; Silver Logs Fourth Straight Gain
In futures trading on the first day of June, gold eased a bit lower while silver, platinum and palladium gained. Silver extended its winning streak to four sessions and scored a fresh, more than three-month high.
Gold for August delivery shed $1.40, or 0.08%, to settle at $1,750.30 an ounce on the Comex division of the New York Mercantile Exchange [...]
2020 Kennedy Half Dollars Released in Rolls and Bags
Ordering opened today, June 1, for circulation quality coins honoring the 35th President of the United States. The United States Mint is now selling rolls and bags of 2020 John F. Kennedy Half Dollars.
Priced at $147, a bag contains 200 half-dollars with 100 from the Philadelphia Mint and 100 from the Denver Mint. A two-roll set is $34.50 and includes one roll of 20 coins from Philadelphia and one roll of 20 coins from Denver [...]