Thursday, April 25, 2024
Blog Page 1148

Silver and Gold Rise with Oil

0
New York Gold tumbled early but recovered to register a small gain as oil prices climbed on concerns that Hurricane Gustav could threaten oil...

Stolen Rare Coin Returned to Garage Sale Buyer, Not Likely Owner

2

Swedish 1632 Gustav II Adolf gold Dukat gold coinIn an unusual case, a judge decided that one of five stolen Swedish rare coins purchased at a garage sale — a Swedish 1632 Gustav II Adolf gold Dukat — would be returned to the daughter of the woman who bought them, and not to the owner's estate who received the other four.

 

"This case raises squarely the conflict between two principles, protection of property and protection of commercial transactions," said British Columbia Supreme Court Justice Bruce Butler who ruled to split the coins.

 

To better understand Justice Butler's decision, background information provided in the case offers an excellent history of events.

Coins purchased in garage sale

Marina Ovsenek was on her way to a cancer treatment with her daughter, Stephanie Manning, when they happened by a garage sale sign. They decided to stop, and Ms. Ovsenek bought a box containing five gold-colored coins and a brooch for $5.

Read the rest of this numismatic news article »

2009 Australian Kangaroo Gold Coins Unveiled

3

The Perth Mint has pulled away the curtains to unveil the new and unique 2009 Australian Kangaroo gold coin design. The Australian Government official, legal tender bullion coins are struck in 99.99% pure gold, carry a guarantee in weight and purity, and include eight fractional sizes with two different reverse designs.

2009 Australian Kangaroo Gold Coins

The series of 8 coins are minted for both investors and collectors and will be released October 1, 2008 for worldwide distribution.

The obverse or heads side of the gold coins depict Ian Rank-Broadley's effigy of Her Majesty Queen Elizabeth II.

The 1oz, 1/2oz, 1/4oz, 1/10oz and 1/20oz reverse design portrays a kangaroo with a 'joey' in its pouch with a representation of the Southern Cross constellation and the seven-pointed Commonwealth Star in the background.

Read the rest of this numismatic news article »

US Mint Resumes Limited American Eagle Gold Coin Sales

3

American Eagle Gold Uncirculated CoinOverwhelming demand forced the United States Mint to suspend one-ounce American Eagle gold coin sales to their network of Authorized Purchasers on August 17.

The suspension of the investment gold coins has been lifted — at least on a limited bases, according to a U.S. Mint memo to its authorized dealers on August 22.

 

"The unprecedented demand for American Eagle gold one-ounce bullion coins necessitates our allocating these coins among the authorized purchasers on a weekly basis until we are able to meet demand."

 

Read the rest of this numismatic news article »

Alaska State Quarters in Bags and Rolls

2
The newest state quarters honor Alaska with bags and rolls of the coins available Monday from the United States Mint. Collectors can order 100- and...

BEP Prints 576 Million Notes Worth $9.8 Billion in July

1
The Bureau of Engraving and Printing (BEP) is responsible for printing U.S. currency, and their reported July banknotes totals have been released. Note production...

Swindling and Benoit Receive ANA Outstanding District Representative Awards

Jeffrey Swindling and Bruce Benoit received the American Numismatic Association's 2008 Outstanding District Representative awards. The announcement was made by Club Representative Program National...

Johnson, Majoros and Stanley Named Assistant National Coordinators of ANA Club...

Paul Johnson, Jim Majoros and Mike "Steamer" Stanley have been appointed assistant national coordinators for the American Numismatic Association's Club Representative Program. The announcement...

Bullion & Business Weekend Report – Aug 23

0
Precious metals enjoyed positive gains this week with London silver, gold and platinum rising 4.69 percent, 3.32 percent and 3.26 percent respectively. Stocks and...

Precious Metals Drop with Oil, as Inflation News Calms

1
New York silver, gold and platinum lost a part of their recent gains Friday, as oil tumbled and the U.S. dollar and stocks...
1795 13 Leaves Eagle, BD-1, MS64+

Bob R. Simpson Collection, Part XII, Featured in Heritage’s CSNS US...

2
There is ample reason why people refer to a "gift that keeps on giving." In the case of collectors of American coins, one such gift...