In The Lead – Lagarde: En Garde!
Precious metals (as well as other commodity and some equity) markets settled lower on Thursday as the pressure exerted by a very robust US dollar took its toll and speculators turned risk-averse once again.
Spot gold ended with a loss of $13 at $1,603 per ounce in New York after some bulls exhibited apprehensions about easing prospects by the [...]
US Gold, Silver Coin Sales Down in First Half of 2012
U.S. bullion coin demand in June followed the market direction of the precious metals they contain. Gold coin sales picked up while silver coin sales retreated, according to sales data released by the U.S. Mint.
And while sales were high for U.S. gold and silver coins through the first half of 2012, they were sharply lower when compared against the first six months of 2011 [...]
2012 Celebrate Australia $1 Coins Depict World Heritage Sites
Showcasing Australian birds and animals, landscapes and famous locations, the Perth Mint of Australia has released its 2012 Celebrate Australia $1 Coins. The colored aluminum bronze coins are available individually or as part of a complete five-coin collection.
Coins in the series each depict a different World Heritage Site located in Australia. World Heritage Sites are [...]
Gold Prices Dip, Silver Falls. US Gold Coin Sales Up
Gold prices retreated Thursday in thin trading after the Fourth of July holiday break. The yellow metal was hit by a stronger dollar as the ECB and PBOC cut rates. Gold was off 0.8% from Tuesday when it closed at the highest price since June 15.
Gold prices for August delivery shed $12.40 to settle at $1,609.40 an ounce on the Comex in New York [...]
US Mint Sales: Silver Eagles, Coin Sets Over Debuting Products
Based on the latest U.S. Mint sales figures, coin collectors preferred 2012-S Silver Eagle Two Coin Sets, 2012-W Proof Silver Eagles and other annual coin sets over the debuting 2012-W $50 Uncirculated American Gold Eagle Coin and 2012 Presidential $1 Four-Coin Sets.
Only hours remain until the 2012-S Silver Eagle Two Coin Sets go off sale at 5 PM ET today, July 5. Sales over the last seven days jumped [...]
2012-W Uncirculated American Gold Eagle Coin Sales at 1,949
In a reversal of recent trends for U.S. Mint products, the 2012-W Uncirculated American Gold Eagle Coin raced quicker in its sales start than last year's issue.
Collectors ordered 1,949 of the uncirculated Gold Eagles between their launch on June 28, 2012 and July 2, 2012. In contrast, last year's uncirculated Gold Eagle debuted with [...]
Gold, Silver Rally. American Eagle Coins Unchanged
Gold on Tuesday settled to its highest price in more than two weeks, supported by investor anticipation that the ECB will ease its monetary policy following a meeting on Thursday.
Gold prices for August delivery climbed $24.10, or 1.5% to $1,621.80 an ounce on the Comex in New York. The settlement was the highest for gold since June 15 [...]
2012-S Silver Eagle Coin Set Tops 200,000 as Sales Deadline Looms
Sales of the San Francisco minted American Silver Eagle Coin Set passed 200,000 on Monday, just three days before its sales deadline.
The coin set, which includes a 2012-S Reverse Proof American Silver Eagle and a 2012-S Proof American Silver Eagle packed within a lacquer presentation case, is sold by the United States Mint for $149.95 [...]
2012 Australian Kangaroo Silver Proof Coin in High Relief
The Perth Mint of Australia this week introduced a 2012 Australian Kangaroo High Relief Silver Proof Coin, the third annual issue in the series. It was released on July 3, 2012 at a debut price of $100.00.
Composed from one ounce of 99.9% fine silver, the Perth Mint has limited the coin's maximum production total to [...]
1907 UHR Double Eagle Gold Coin Tops $2.7M in Stack’s Bowers...
The finest-graded specimen of America's "most beautiful coin," the MCMVII (1907) Proof Ultra High Relief double eagle graded Proof-69 by PCGS, crossed the auction block on the evening of Friday, June 29, 2012.
A price of $2,760,000 had been won with the fall of the hammer at the Stack's Bowers Galleries Official Auction of the Whitman Coin and Collectibles Expo [...]
