$7 Million of World & Ancient Coins Sold at NYINC
Dallas, TX – Heritage Auction Galleries has just posted prices realized approaching $7 million on its Signature Auction of Ancient and World Coins, held as an official auction of the New York International Numismatic Convention in New York City (NYINC).
At the conclusion of sales of Post Auction Buys and non-floor session material (ending Jan. 13), total prices Realized are expected to well exceed $7 million. This was the lead event in a week of Heritage auctions that will see more than 18,000 lots of rare coins and currency valued above $50 million sold in New York City and Orlando, Florida. Prices realized information on all auctions can be found at www.HA.com.
Gold Climbs as Dollar Falls
Orbital Silver Coin Commemorates Leonov’s First Space Walk in 1965
The Perth Mint on Monday issued a commemorative one ounce silver coin celebrating the first space walk in 1965 by cosmonaut Alexei Leonov. The coin is the third release in its highly innovative Orbit and Beyond series where each main design literally orbits around a representation of the Earth.
The Perth Mint describes Leonov's historic achievement: Exiting the Voskhod II capsule 500km above Earth, Leonov floated in space for more than 10 minutes before attempting to re-enter the airlock. Alarmingly, his space suit had inflated, forcing the courageous cosmonaut to vent air before being able to squeeze back inside to rejoin compatriot Pavel Belyayev.
Numismatic News and Blog Headlines – Jan 8
CNBC Features Goldline Expansion amid Heavy Gold Investment Demand
Goldline International, Inc. Acquired by Civic Partners and Key Management
Sedwick Announces New Auction Closing Date and VCoins Store
US Mint to Adjust Gold and Platinum Coin Prices Weekly Using...
A dynamic shift in pricing for US gold and platinum collector coins is underway, according to a United States Mint notice published Tuesday by the Federal Register, which is the official daily source for rules, proposed rules, and notices of government agencies and organization.
Instead of static pricing, coin prices will be primarily determined and actively adjusted according to the London Fix weekly average. The Mint said this was to "mitigate the effect that fluctuating gold and platinum commodity costs" has on coins. The London Fix is used as a price benchmark for immediate silver, gold and platinum delivery.