Demand For Bullion Is High But Some Inventories Are Low
The recent jump in the price of gold due to stock market decreases and fear of the coronavirus has attracted new retail customers. The financial and public health concerns have also lured a return of many previous gold and silver bullion customers, but some inventories of physical bullion are low, according to members of the Accredited Precious Metals Dealer program (www.APMDdealers.org), a division of the nonprofit Professional Numismatists Guild (www.PNGdealers.org).
"The 'Gold Rush' of significantly higher prices that started almost a year ago for gold continues with more new customers entering the market as well as current or former customers now adding more precious metals to their investments. We've had reports of increases of 10 to 20 percent in recent business," said PNG-APMD President Richard Weaver [...]
Gold Logs First Gain in Five Sessions on Thursday, April 2
In precious metals dealings Thursday, only palladium ended lower. Gold's increase was its first in five sessions.
Gold for June delivery tacked on $46.30, or 2.9%, to settle at $1,637.70 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest since Monday [...]
PMG Certifies ANA Bebee Collection of Uncut Banknote Sheets
Paper Money Guaranty® (PMG®) was honored to recently certify nearly 20 uncut sheets of banknotes from the legendary ANA Bebee Collection. The sheets were submitted to PMG by the American Numismatic Association (ANA), the country's largest nonprofit numismatic organization, which received the Bebee Collection in 1988.
Banknotes are printed in sheets that are then cut into individual notes for circulation. Uncut sheets of vintage US banknotes are exceedingly rare as typically only a handful were saved for presentation purposes [...]
Numismatics Markets Strong Amid Global Crisis
As the world faces an unprecedented economic and public health crisis brought on by the coronavirus COVID-19, the numismatic markets have demonstrated incredible resiliency. Indeed, coins and banknotes represent one of the rare pockets of stability, safety and even strength during this period of fear and uncertainty.
Significant volatility of the stock market is often a harbinger of increased investment in collectibles, and that has proven to be the case yet again since the coronavirus became a pandemic [...]
Precious Metals End Lower in April Start
Precious metals futures finished lower Wednesday, the first trading day of the month and new quarter. Their losses ranged from 0.3% for gold to 7.1% for palladium.
Gold for June delivery declined $5.20 to settle at $1,591.40 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the lowest since a week ago Monday, March 23 [...]
Gold and Palladium Surge in First Quarter 2020; U.S. Mint Bullion...
In precious metals futures Tuesday, gold declined while silver, platinum and palladium climbed. Gains in silver and platinum were modest at less than 1%. Palladium, however, soared nearly 5%. Metal prices mostly declined in March and they logged divided performances for the first quarter of 2020.
Gold for June delivery dropped $46.60, or 2.8%, to settle at $1,596.60 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the lowest since a week ago Monday, March 23 [...]
Gold Dips 0.7% on Monday, March 30
Gold, silver and platinum futures declined on Monday while palladium prices edged higher.
Gold for June delivery -- the new, most-active contract -- shed $10.90, or 0.7%, to settle at $1,643.20 an ounce on the Comex division of the New York Mercantile Exchange [...]
NGC-Certified 1945 Silver Threepence Sells for £62,000, Doubling its Estimate
A 1945 Silver Threepence certified by Numismatic Guaranty Corporation® (NGC®) realized £62,000 (almost $74,000 USD) -- more than double its presale estimate -- in a March 25 onlineonly auction presented by Baldwin's of St. James's. No live bidding was allowed due to the coronavirus situation.
The tiny silver coin, graded NGC MS 63, was found in an ordinary Whitman folder and brought to Baldwin's of St. James's in London in a plastic envelope, or flip. It is only the second example known to numismatists [...]
Gold, Palladium and Other Precious Metals Rally on Week
Precious metals scored exceptional weekly increases even as most of them declined on Friday. Gold's gain on the week was the best since 2008 and it came on the heels of two straight weekly losses.
Gold for April delivery on Friday declined $26.20, or 1.6%, to settle at $1,625 an ounce on the Comex division of the New York Mercantile Exchange [...]
Stack’s Bowers Galleries April 2020 Auction Features Medals by Jacques Wiener
Stack's Bowers Galleries (StacksBowers.com) is excited to present a special April Collectors Choice Online (CCO) auction of over 160 lots of exonumia. These pieces represent three different topics: the works of Jacques Wiener mostly comprising his famous, intricately engraved architectural series; World War I medals from a variety of issuers on each side of the great conflict, and the massive opera of Karl Goetz, ranging from historical to satirical themes.
Starting off this incredible sale are numerous offerings from the brothers Wiener, led mostly by Jacques. During the mid-19th century, the Wieners were responsible for some of the most detailed and engaging architectural medals produced, and their craftsmanship makes them popular even today, with many collecting them serially [...]
