Blog Page 318

Gold and Silver Gain in October Start

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Gold and Silver Gain in October StartPrecious metals futures divided Tuesday, the first trading day of October, with gold and silver rising and platinum and palladium falling.

Gold for December delivery tacked on $16.10, or 1.1%, to settle at $1,489 an ounce on the Comex division of the New York Mercantile Exchange [...]

US Mint Sales: 2019 Mint Set Surpasses 2018 Mint Set

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US Mint Sales: 2019 Mint Set Surpasses 2018 Mint SetThe United States Mint is in the middle of a two-week break from releasing products for collectors so the agency's core annual sets were its best weekly sellers.

Most sought was the clad 2019 Proof Set, followed by the 2019 Silver Set and then the uncirculated 2019 Mint Set. Each of them includes their own bonus "W" cent which has helped in boosting their totals [...]

Gold, Silver Drop in September But Soar in Third Quarter, US...

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Gold, Silver Drop in September But Soar in Third QuarterPrecious metals futures declined on Monday, paring their quarterly gains and deepening their losses in September -- except for palladium which maintained its monthly increase and fell just a tad off from a record. Gold ended the day at an almost two-month low.

Gold for December delivery dropped $33.50, or 2.2%, to close at $1,472.90 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the lowest since Aug. 2 [...]

5C 1926-S PCGS MS65+ CAC

Highlights From Legend’s 34th Regency Sale in Las Vegas

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LRCA 34th Regency Auction HighlightsLegend Rare Coin Auctions presented its 34th Regency Auction on the evening of September 26, 2019 at the Bellagio, and as usual, high end quality performed very well.

Online, in person, and phone attendance at the auction, which was held as the official auction for the PCGS Members Only Show, set another record for the firm [...]

Gold Slips 0.6% on Week; Palladium Marks New Record

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Gold Slips 0.6% on Week; Palladium Marks New RecordIn futures trading Friday, losses in gold, silver and platinum brought them down on the week. Palladium, meanwhile, advanced on the day and week and also posted another record.

Gold for December delivery lost $8.80, or 0.6%, to settle at $1,506.40 an ounce on the Comex division of the New York Mercantile Exchange. The close was gold's weakest since a week ago Thursday, Sept. 19 [...]

Federal Reserve Orders 5.2 Billion Banknotes for 2020

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Federal Reserve Orders 5.2 Billion Banknotes for 2020The pace of U.S. currency production in 2020 will slow to its lowest level in at least a decade, approaching 5.2 billion notes valued at almost $146.4 billion, according to a Federal Reserve order submitted to the Bureau of Engraving and Printing (BEP).

As in recent years, most of the banknotes produced will be $1s, $20s and $100s. The order lacked $2 notes as the amount made in 2019 is expected to meet demand for several years [...]

David Motl NGC Label and Coin

David Motl To Autograph NGC Labels

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David Motl To Autograph NGC LabelsDavid Motl, who formerly served as the Acting Principal Deputy Director of the US Mint during a particularly innovative time in its history, has agreed to individually hand-sign certification labels exclusively for Numismatic Guaranty Corporation® (NGC).

Motl became Acting Principal Deputy Director of the US Mint and its senior career official in January 2017, placing him in charge of the Mint until he retired in January 2018 [...]

Gold, Platinum and Palladium Advance Thursday, Sept. 26

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Gold, Platinum and Palladium Advance Thursday, Sept. 26Silver futures declined Thursday while gold, platinum and palladium gained following their losses in the previous session.

Gold for December delivery rose $2.90, or 0.2%, to settle at $1,515.20 an ounce on the Comex division of the New York Mercantile Exchange [...]

US Mint Sales: 2019 American Innovation Dollars for Delaware Debut

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US Mint Sales: 2019 American Innovation Dollars for Delaware DebutNew United States Mint sales stats offer first showings of 2019 American Innovation dollars for Delaware and sets of 2019 American Legion Centennial Coins and Emblem Prints.

Featuring a design honoring innovation and innovators from Delaware, the U.S. Mint's latest dollar launched Sept. 19 and registered combined four-day sales of 530,850 pieces from 25-coin and 100-coin bag options [...]

Precious Metals Decline Wed., Sept. 25

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Precious Metals Decline Wed., Sept. 25Precious metals futures dropped Wednesday, registering losses ranging from 1.8% for gold to 3% for silver.

Gold for December delivery declined $27.90 to settle at $1,512.30 an ounce on the Comex division of the New York Mercantile Exchange [...]