Saturday, May 4, 2024
Blog Page 1063

Gold Gains Slightly as Dollar Falls, Silver Advances

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Gold climbed Wednesday for the second straight day as the U.S. dollar slid against other world currencies and despite a government report showing an...

US Inflation Calculator Updated, Annual Inflation Drops Most Since 1950

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The cost of living in the U.S. inched slightly higher in May, according to a government report released Wednesday. The same report shows...

US Mint Bullion Allocation Ends, Silver and Gold Eagles Soar

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The US Mint on Monday ended the allocation process which limited the number of gold and silver American Eagle bullion coins authorized dealers could...

Gold Rises First Day in Three, Silver Advances

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A weakened U.S. dollar on Tuesday lured investors toward gold -- albeit in less than impressive numbers. Still, the yellow metal had its...

US Mint Gold Coin Prices Set to Decline Wednesday

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Gold prices have been on the decline in recent days, fluttering below $950 an ounce. The yellow metal's retreat is bearish for bullion investors...

Numismatic News: Cheerios Dollars, Mint Gold, Baltimore Show

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June 16: Four numismatic news or coin blog articles are referenced on CoinNews every Tuesday and Thursday. These articles are not...

Austrian Railways Series Steams Forward with Electric Train Silver Coin

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The fifth coin in the series "Austrian Railways" to be issued on 17th June, 2009, is dedicated to the electric train. What began as a fair ground attraction in 1880 in the Vienna Prater rapidly became the most revolutionary step in transportation since the harnessing of steam almost a century before.

Austrian Railways Electric Train Silver Commemorative Coin

The first electric train in Austria was a small locomotive circling in the great exhibition pavilion in the Prater on the occasion of the Emperor Franz Joseph's 50th birthday. The same monarch issued a licence two years later in 1882 for the first public electric railway.

It used direct current and was a five kilometer long stretch carrying day-trippers from the country town of Mödling into the popular Brühl valley. Other short branch lines soon followed. The introduction of alternating current proved the most reliable for longer railway lines, and in 1911 electric engines using alternating current were put into service on the 90 kilometer stretch to the pilgrimage centre of Mariazell.

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2009 UK Henry VIII £5 Anniversary Coins Launched

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Celebrating the 500th anniversary of the ascension of a king considered to be controversial at the least, the Royal Mint has issued the 2009 UK Henry VIII £5 coins. These coins are available in platinum, gold, silver and cupro-nickel.

2009 UK Henry VIII £5 Anniversary Silver and Gold Coins

Dave Knight, Director of Commemorative Coins at the Mint, explains the choice for these commemorative coins:

 

"Love him or hate him, Henry VIII is undoubtedly one of history's most influential monarchs. His reign changed the face of England forever and we felt it was essential that this remarkable period of history was commemorated with a lasting and treasured memento."

 

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Exhibitors Invited to Los Angeles World’s Fair of Money

Members of the American Numismatic Association are invited to showcase their collections, research and creativity with fellow hobbyists by presenting an exhibit at the...

Gold Falls with Stronger Dollar, Silver Plummets

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Gold fell to a three-week low on Monday as a rising U.S. dollar dampened the yellow metal's appeal. Silver and platinum followed gold's retreat....