CoinNews

First time sales were reported by the U.S. Mint for new Grover Cleveland Presidential $1 Coin Covers and circulating quality El Yunque quarters from San Francisco, but it was various annual sets along with gold and silver coins that caught the eye of collectors.

84 products outperformed their prior weekly sales versus the 37 noted last week. The seven days of expanded sales was the best showing this year. In the group of overachievers [...]

Last week the United States Mint released circulating quality quarters minted in San Francisco -- a facility that has not produced a circulating quality coin with an "S" mint mark since the early 1980's.

This week's sales stats from the U.S. Mint reveal how fast the new quarters raced out of the gate. As it turns out, not so fast [...]

The fight against counterfeit coins has advanced in the United States Congress with the introduction of a new piece of legislation. Entitled the Collectible Coin Protection Act, H.R. 5977 was introduced on June 20, 2012 in the House of Representatives by Lamar Smith of Texas.

The proposed legislation seeks to amend the Hobby Protection Act currently in place. It would extend the act to [...]

Gold rose gently in light trading Wednesday as many investors are said to be sidelined as they await results of the European Union summit that begins on Thursday and ends on Friday.

Gold prices for August delivery edged up $3.50, or 0.2%, to $1,578.40 an ounce on the Comex in New York [...]

Gold's roller-coaster continued as the yellow metal basically gave up all of Monday's gains on Tuesday and touched lows near the $1,560 level once again overnight.

Options expiry-related selling and more risk-aversion in the wake of once again soaring Spanish and Italian bond yields kept the pressure up on bullion values and enabled the bears to remain in firm control of the market [...]

It seems likely that on Wednesday the United States Mint will lower prices on its numismatic gold and platinum coins, just one week after it raised them.

Gold and platinum prices have declined sharply since Thursday, compared to the previous week. Gold's average in London is presently hovering near $1,577 an ounce, and platinum's average is around $1,440 an ounce [...]

Gold on Tuesday declined for the first time in three days amid growing concerns over the European economic crisis. As was the case for much of last week, safe-haven buying flowed to the U.S. dollar instead of the yellow metal.

Gold prices for August delivery retreated $13.50, or 0.8%, to $1,574.90 an ounce on the Comex in New York [...]