CoinNews

The Gold Anti-Trust Action Committee (GATA) reported Friday that the United States Mint has suspended sales of American Eagle gold coins to their network of Authorized Purchasers.

The suspended coins are bullion coins (non collector versions) the Mint will not sell directly to the public, but instead to Authorized Purchasers who can then sell to the public.

At the time of this writing, fractional collector proof and uncirculated American Eagle gold coins are still available through the Mint's website, although the sharp drop in gold prices without a similar reduction in coin prices has resulted in much higher premiums for collectors to assume.

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Overnight trading whiplashed precious metals into unconsciousness and a recovery appears to be nowhere in site on Friday. As of this writing, New...

The Highest Graded Mint State Humbert Gold Coin of Any Denomination or Variety Graded MS-65 * by NGC

IRVINE, Calif. – Bowers and Merena Auctions, America's leading rare coin and currency auction house, will auction an extremely rare and exceptional 1851 Augustus Humbert $50 Gold Piece at their Beverly Hills Rarities Sale on Saturday, September 13, 2008, at The Tower Beverly Hills, prior to the Long Beach Coin, Stamp & Collectible Expo.

Lot viewing for the entire auction is scheduled for Thursday through Saturday, September 11-13.

The coin, cataloged as August Humbert. $50 Gold. Reeded Edge. K-5. Rarity-5. 880 THOUS. MS-65 * (NGC), boasts a combined PCGS and NGC Population (1851 $50 Reeded Edge, 880 THOUS variety only) of just 1; 0 finer.

 

"This coin is a new discovery that has never been available for sale to our knowledge," said Steve Deeds, president of Bowers and Merena.

"The rarity, the quality, the history – it all adds up to make this one spectacular coin of the caliber that even the most experienced numismatists only see a few times in a lifetime.

This coin is one of the high points of the year at Bowers and Merena and we know it is going to a cause a big buzz for our September Beverly Hills Rarities Sale."

 

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New York gold poked its head out of an eight day dark hole Wednesday only to jump back into it Thursday by dropping its...

Andrew Jackson Presidential $1 Coins were launched into circulation Thursday with a ceremonial release at The Hermitage, the home Jackson built and lived in...

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The Royal Canadian Mint's world-famous "Million Dollar Coin" made its Asian debut at Beijing's Olympic Expo 2008 (Olympex). The unveiling was conducted by The...

The British Royal Mint launched brilliant uncirculated 2008 United Kingdom £5 Gold Coins this week and announced that they would have an extremely low mintage of 750. The annual issued coins are struck in 22 carat gold with each measuring an impressive 36.02 millimetres in diameter.

It's the largest coin of the gold sovereign family and weighs 39.94 grammes and contains 1.1771 ounces of gold, which is five times the amount within a single sovereign.

The obverse of heads side of the coins bears Her Majesty The Queen by Ian Rank-Broadley FRBS. The reverse or tails side depicts Benedetto Pistrucci's dramatic portrayal of St George and the dragon.

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