Blog Page 292

Perth Mint Bullion Sales Contract in February

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Perth Mint Bullion Sales Contract in FebruaryDemand for Australian products retreated last month but it was stronger than a year ago, Perth Mint sales figures for February show.

The Mint's silver sales slowed following two straight month-over-month increases and they ended below one million ounces for the first time in seven months. Its gold sales were the weakest since August [...]

John Brush, Paul Nugget, Robert Brueggeman

Professional Numismatists Guild Seeks 2020 Award Nominations

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PNG Seeks 2020 Award NominationsThe Professional Numismatists Guild (www.PNGdealers.org) is now accepting nominations for its 2020 awards, according to PNG Executive Director Robert Brueggeman.

The Professional Numismatists Guild is a nonprofit trade association composed of the country's top rare coin and paper money dealers who must adhere to a strict Code of Ethics (www.PNGdealers.org/code-of-ethics) in the buying and selling of numismatic merchandise [...]

Gold Edges Higher; Silver and Palladium Jump

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Gold Edges Higher; Silver and Palladium JumpIn futures trading Thursday, gold, silver and palladium gained while platinum declined. On Wednesday, gold logged its lowest close this year and silver finished at its worst level since January 2009.

Gold for April delivery edged up $1.40, or 0.09%, to settle at $1,479.30 an ounce on the Comex division of the New York Mercantile Exchange [...]

US Mint image 2020-W $50 Proof American Gold Eagle and packaging

2020-W Proof American Gold Eagles Released

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2020-W Proof American Gold Eagles ReleasedGold is a topic of the day with the just released United States Mint 2020-W Proof American Gold Eagles.

These West Point Mint-struck coins are numismatic versions of the U.S. Mint's bullion American Gold Eagle program. They are quite popular with collectors who purchase thousands annually despite their higher price tags [...]

1858 Liberty Eagle

Legendary 1858 Gold Coin Highlights Heritage’s April Sale

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Legendary 1858 Gold Coin Highlights Heritage April SaleAn 1858 Liberty Eagle, one of the most historic U.S. gold coins ever minted and the only specimen known outside of museums, will headline Heritage Auctions' U.S. coins offerings during the Central States Numismatic Society auctions, April 22-25 in Dallas.

Experts agree no more than four to six 1858 proof Liberty eagles were produced, the coin offered here, graded PR64 Ultra Cameo NGC., CAC. JD-1, High R.7, is one of four examples that have been reliably reported [...]

Gold Logs Fresh Low For Year; Silver Drops 5.8%

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Gold Logs Fresh Low For Year; Silver Drops 5.8%Precious metals futures stepped lower Wednesday, registering losses ranging from 3.1% for gold to 9.1% for platinum. Gold posted a fresh low for the year.

Gold for April delivery dropped $47.90, or 3.1%, to settle at $1,477.90 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the lowest since Dec. 12 when gold ended at $1,472.30 an ounce [...]

Weir Farm National Historic Site Quarter

April 2020 Weir Farm Quarter Ceremony and Coin Forum Cancelled

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April 2020 Weir Farm Quarter Ceremony and Coin Forum CancelledThe United States Mint and National Park Service will not officially introduce the quarter honoring Weir Farm National Historic Site in Connecticut on April 7.

The quarter's planned ceremonial release has been cancelled along with the public coin forum that had been scheduled for April 6. In a statement, the U.S. Mint said [...]

US Mint Announces 2020 Numismatic Gold Coin Price Increases

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US Mint Increases Prices of 2020 Numismatic Gold CoinsCollectors will have to pay more for United States Mint numismatic products made of gold and palladium, including American Eagle, American Buffalo, American Liberty, and upcoming commemorative coins.

Increases range from $32.50 to $300 per U.S. Mint coin. They are not the result of changes in LBMA gold prices as can happen weekly based on the Mint's regular pricing policy. Instead, they are straight upward revisions [...]

Mark Borckardt

Mark Borckardt Named Numismatist of the Year

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Mark Borckardt Named Numismatist of the YearHeritage Auctions Senior Numismatist Mark Borckardt received one of the highest individual honors within the hobby when he was named 2020 Numismatist of the Year by the American Numismatic Association.

"This honor is important to me," Borckardt said. "This award validates my numismatic work over many years."

A numismatist for 40 years, Borckardt has been at Heritage Auctions  for 16 years. He was nominated for the award by Kagin's numismatist David McCarthy [...]

Gold Rebounds; Silver Marks Fresh Multi-Year Low

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Gold Rebounds; Silver Marks Fresh Multi-Year LowGold futures rose Tuesday, registering their first gain in six sessions and after marking a 2020-low on Monday.

Gold for April delivery advanced $39.30, or 2.6%, to settle at $1,525.80 an ounce on the Comex division of the New York Mercantile Exchange [...]

CAC Grading CEO and Founder John Albanese

CAC Grading Auction Generates Six Figures for Numismatic Groups

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A private auction tied to a limited CAC Grading label issue has generated a six-figure sum that will be distributed to nonprofit numismatic organizations...