CoinNews

Of Quads and a Moscow Hold'em Good Day, Overnight trading markets gave early indications that the first day of the new week...

The 2009 Ultra High Relief $20 Double Eagle Gold Coin is one of the most exciting US Mint offerings this year with collectors jumping in to purchase 102,311 as of Nov. 1.

Nothing highlights the coin's popularity better than the sizzling sales of 28,173 on their Jan. 22, 2009, launch day. And that was in spite of a recession, a one coin order limit preventing bulk buying and gold hovering around $860 an ounce making the double eagle's issue price $1,189 -- a hefty amount for the average collector.

Flash forward 10 months... The economic picture continues to be cloudy -- worse for some with the unemployment rate now at 10.2%, and gold has touched $1,100 pushing the UHR price up $250 more to $1,439 (and knocking at the door of $1,489). Despite the US Mint lifting order limits, it's not surprising that only 1,607 more were purchased during the last two weeks of October. Throwing aside all the negative factors, it would be rare indeed for sales to be thrashing for months on end.

However, an analysis (see chart below) of eBay completed auctions from September 1 through October 31 shows there is still excitement in the air. Graded MS70 UHRs continue to command solid premiums in the secondary market.

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Precious metals rallied this week following a weaker US dollar that was pushed lower by a series of economic reports, including the Labor Department's...

'What's In the News' with Bob Van Ryzin starts off this week's episode of Coin Chat Radio with information on the upcoming...

The Government of the British Virgin Islands has approved the release of a new coin to celebrate the Centenary of Naval Aviation. CLICK...

Class Is Now In Session Good Day, Speculation early this morning was that U.S. employers likely have cut only 150,000 jobs in...

The Lincoln Coin and Chronicles Set was issued by the US Mint on Oct. 15 and 50,000 promptly sold out within 30 hours.

While many collectors on release day experienced anguishing moments due to ordering hiccups at the hands of the Mint, they are smiling more these days.

The Lincoln coins are desirable, the set packaging attractive, and Mint came through with rapid shipping.

Better, and this never hurts, the sets are commanding more than double their $55.95 issue price in the secondary market.

An analysis (see chart below) of over 1,000 eBay auctions from Oct. 14 through Nov. 2 indicate that the quantity of sets sold is increasing, yet their premiums are remaining strong. The continuing demand has been a boon for sellers.

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New York gold futures rose $2 on Thursday to mark a fourth day of gains. The US dollar failed to make serious...

Several numismatic news or coin blog articles are referenced on CoinNews two separate times a week. These articles are not authored...

The latest batch of US Mint sales figures are out and jumping to the forefront are gold coins -- both bullion and...