Perth Mint Unveils Silver Coin Tribute to Mark Discovery of HMAS...
The Perth Mint marks the discovery of HMAS Sydney II after a mystifying 67-year wait with a magnificent commemorative coin.
Disappearing in November 1941 following a deadly engagement with the German raider Kormoran, the famous Royal Australian Navy cruiser was lost with all hands in the Indian Ocean. Her fate proved baffling until the Finding Sydney Foundation announced on 16 March 2008 that it had located the wreck approximately 207km off the Western Australian coast.
Perth Mint Chief Executive Officer Ed Harbuz said the enormous historical and cultural significance of HMAS Sydney II meant the discovery warranted a special numismatic tribute. "It is a project that The Perth Mint has been exceptionally proud to undertake," he said.
Issued as legal tender under the Australian Currency Act 1965, the superb tribute coin is struck from 1oz of 99.9% pure silver in proof quality.
Gold Falls $15, Giving Up 2%
Are 2008-W Uncirculated Platinum Eagles Overpriced, or Simply a Good ...
The United States Mint is selling collector 2008 American Eagle platinum uncirculated coins with the "W" mintmark at significant premiums over their bullion content. But factors such as mintage totals are worthy of scrutiny before completely dismissing the coins as overpriced.
The US Mint offers one-ounce 2008-W American Eagle platinum uncirculated coins for $1,214.95, which is $372 higher than Tuesday's New York closing spot platinum price of $843 an ounce. The difference is an unpalatable deterrent for making a purchase, which is further complicated given the still volatile commodity market.
In the last 30 days alone, platinum has been as high as $1,036 an ounce and as low as $756, with analysts all over the map on where it would or will go. Collectors who purchased a one-ounce uncirculated eagle toward the crest of the 2008 record platinum price of $2,250 and the peak US Mint price of $2,349.95 can best describe the hurt an unstable market can deal.
Employees and Alumni Celebrate Royal Canadian Mint’s 100th Anniversary
Bowers and Merena’s Auction of International Banknotes Realizes More than $1.1M
Bowers and Merena's Auction of "The East Bay & Eduard Kann Collections of Chinese, Russian and World Banknotes" Realizes more than $1.1 Million.
IRVINE, Calif. – Bowers and Merena Auctions, America's leading rare coin and currency auction house, conducted an auction of exceptional international banknotes in New York City on October 27-28, 2008, compiled of two premier collections, "The East Bay Collection of International Banknotes" and "The Eduard Kann Chinese Banknote Collection."
Consisting of more than 2,100 total lots, the auction realized $1,119,585. It was held at the Hilton Times Square, with live auction simulcasts in Hong Kong and Germany. The auction was spearheaded by Bowers and Merena in conjunction with sister companies John Bull Auctions, Ltd., of Hong Kong, and Heinrich Köhler Auktionshaus of Germany.