CoinNews

Professional Coin Grading Service (www.PCGS.com) today revealed additional steps it is taking to improve its ability to detect altered coins.

PCGS announced that it has a process in development which will detect any foreign substance on a coin's surface, and also announced a major lawsuit filed against alleged coin doctors.

According to PCGS officials, in conjunction with the development of coin recognition technology launched in March of this year, PCGS has been developing a process to detect foreign materials and other enhancements to a coin's surfaces.

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The United States Mint on Thursday officially announced when the 2010 $50 American Buffalo Gold Proof Coin would launch. 2010...

The Royal Canadian Mint is honoured to have received a Certificate of Appreciation from the IAU in recognition of our "commitment and outstanding contribution...

Some Like It Cold Good Morning, Global markets extended Thursday's bounce into Friday as gains in the euro provided a catalyst for risk appetite....

Gold ended slightly lower on Thursday, marking the first decline in four days. More risk-taking and a rising euro were credited with...

The United States Mint today at noon Eastern Time released the 2010 United States Mint America the Beautiful Quarters Silver Proof Set™ for $32.95.

The offering is the first to include America the Beautiful Quarters that are struck in 90 percent silver, which is a reason the set is priced substantially higher than the clad quarters version that launched on May 13, 2010 for $14.95.

In fact, the silver set's five proof coins are composed of 0.904 ounces of silver. At the current silver spot of $18.47 an ounce, their intrinsic value alone is presently worth $16.70.

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The latest United States Mint sales figures are contrasting. Numismatic coins moved slower as is often the case toward the middle of the year when extended daylight hours offer collecting distractions.

But coins struck for investors amped higher, and are shooting for records. Cases in point: Gold Eagles are selling as fast as they were during the Y2K scare; Silver Eagle sales just smashed 15 million in less than five months.

More specifically, during the last week alone:

• 22-karat bullion American Gold Eagles jumped 65,500 --more than April's total, reaching 176,000 for May. Monthly sales have not been higher since August 1999.
• .999 fine bullion American Silver Eagles soared more than 1 million, hitting 3.5 million for May. They are nearing the 3,696,000 all-time monthly record set in December 1986.
• 24-karat bullion American Gold Buffalos advanced 15,500, rising to 70,500 for May.

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Baubles Sell, Bubbles Swell Good Morning, As has frequently been the case of late, reports that surface one day regarding what China might or...

Precious metals rallied on Wednesday. New York gold futures rose 1.3 percent and above $1200 an ounce, marking a third straight day of gains....

BEVERLY HILLS, CA -- Heritage Auction Galleries (HA.com) has announced the appointment of David Michaels to the position of Director of Classical Coins....