Gold, Silver, Metal Prices Commentary – June 25, 2010
Gold Prices Rally Toward $1250, Silver Advances
US Mint Sales: Gold and Silver Bullion Coins Reach for Records
Gold, Silver, Metal Prices Commentary – June 24, 2010
Bowers and Merena’s June 2010 Baltimore Auction Tops $8 Million
Bowers and Merena Auctions, one of the world's preeminent auctioneers for rare coins and currency, realized more than $8 million as the Official Auctioneer of the June 2010 Whitman Coin & Collectibles Baltimore Expo.
This 1861-S Liberty Double Eagle realized $69,000 at Bowers and Merena's June 2010 Baltimore Auction. The rarest Type I Double Eagle struck in the San Francisco Mint, the 1861-S Paquet owes its ranking to both a limited mintage and heavy circulation on the frontier, aided by a lack of contemporary numismatic interest in these coins. A limited mintage of 19,250 pieces for this issue is attributed to the Mint's experimentation with a new reverse design for the Liberty Double Eagle. (Click image to enlarge)
The eight-session sale, occurring June 17-19, included more than 6,000 lots of U.S. coins and currency, ancient and foreign coins, and foreign paper money.
Prices realized for U.S. coins and currencies amounted to $6,438,778. Ponterio & Associates, a division of Bowers and Merena Auctions, added an additional $1,608,082 in prices realized with ancient and foreign coins and paper money.
IAPN’s 59th Annual Congress Held in Iceland
Ponterio & Associates Realizes $1.6 Million in June Baltimore Auction
Gold Prices Retreat, Silver Falls 2.3%
Lincoln Silver Dollar Values Tripling US Mint Issue Prices
The 2009 Abraham Lincoln Commemorative Silver Dollars were released by the U.S. Mint on the bicentennial of the birth of the 16th President of the United States, February 12, 2009.
They were hot. The Mint's entire mintage of 450,000 single coins sold out in six weeks. Broken out between the two options issued, 325,000 proof and 125,000 uncirculated coins were scooped up by collectors.
50,000 proof dollars were kept in reserve for the Lincoln Coin and Chronicles Set, which was attractively packaged to also include proofs of the four redesigned 2009 Lincoln cents with their special 95% copper compositions. The sets debuted on October 15, 2009 and sold out in 30 hours, adding up to the 500,000 authorized Lincoln commemorative coin limit.
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Gold, Silver, Metal Prices Commentary – June 23, 2010
