Blog Page 1202

Gold, Platinum, and Oil Down as Silver Climbs with Dollar

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Gold returned to its recent slump, falling Tuesday along with platinum and oil. A stronger U.S. dollar and fund liquidations were cited culprits for...

US Mint Markets Dollar Coins, Consumers Say No

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The U.S. Mint is spending about $12 million in a four-city pilot program in an attempt to dissuade consumers away from their convictions that...

Numismatic Blog and News Headlines – October 21, 2008

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Four numismatic articles are referenced on CoinNews every Tuesday and Thursday. These articles are not authored by us, but we recommend collectors read...

The End of 2008 American Eagle Silver Proof Coins?

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2008 American Eagle Silver Proof CoinThe U.S. Mint's 2008 Gift Catalog announcement on Monday contained a glaring omission. There were no collector 2008-W American Eagle Silver proof coins. Did the Mint simply forget to list these mainstay one-ounce silver coins? Not likely.

The die is cast and this year's run of the coins is likely ended. Despite hope, collectors are not likely to see a 2008 comeback similar to the platinum eagles' return on Friday. Three factors reinforce this line of reasoning:

  • Prior Mint catalog announcements have always included silver proof eagles

  • The Mint halted sales of these eagles in August and they have never resumed

  • Available silver blank inventories are used to mint bullion American Eagles silver coins, not the collector versions bearing the "W" mintmark

The first reason is self-evident, the second a matter of fact and the third bluntly explained by the Mint earlier this year.

Read the rest of this numismatic news article »

Gold Nudges from the Dead as it Rises with Oil

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Gold snapped its pessimistic losing streak on Monday, digging ever so slightly out from a seven-day tomb of death. The yellow...

US Mint Holiday 2008 Gift Catalog of Coins

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Casting aside the glum economic specter hovering over the fast approaching holiday season, the United States Mint on Monday reminded everyone that they have...

Another Repeat, 2008 Philadelphia $2 Single Note Sells Out

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The 2008 Philadelphia $2 Single Note sold out within hours, replicating previous collector $2 note sell out performances. The Bureau of Engraving and...

Fiji Reserve Bank Clarifies Coin Eliminations

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View Larger Map of Fiji The Reserve Bank of Fiji's new awareness campaign promoting the modernization of coins and the elimination of...

Bullion & Business Weekend Report – Oct 18

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London gold, silver and platinum were pressured lower most of the week as each tumbled 9.9 percent, 9.3 percent, and 13.2 percent, respectively. The...

Gold Drops for Seventh Day, Platinum Joins as Mint Puts Eagles...

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It was another down day for precious metals on Friday. New York silver, gold and platinum futures fell 3.1 percent, 2.1 percent, and 1.2...
Crayola Precious Metal Silver Crayons

Crayola Blue Crayon Recreated in 1.5 Ounces of Silver

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A Crayola classic has been recreated in silver, with the familiar Blue crayon reproduced as a 1.5-troy-ounce collectible. The piece is the first release in...