Gold, Silver Log Weekly Gains as US Bullion Coins Improve
Gold rallied Friday, rising for the first time in four days and yanking prices back for a 0.8% weekly gain. Advances were credited to a weaker U.S. dollar and slowing growth in China, which spurred hopes of easing there and elsewhere.
On Friday, gold prices for August delivery surged $26.70, or 1.7%, to settle at $1,592.00 an ounce on the Comex in New York. Prices ranged from an intraday low of $1,565.60 to a high of $1,596.50 [...]
National Baseball Hall of Fame Commemorative Coins in 2014
Commemorative coins honoring the National Baseball Hall of Fame are coming in 2014.
Introduced on July 14, 2011 by Rep. Richard L. Hanna [R-NY24], the National Baseball Hall of Fame Commemorative Coin Act passed in the House on October 26, 2011 and it was just approved in the Senate on Thursday, July 12, 2012. The last major step before the Act becomes law is winning the signature of the President [...]
In The Lead – Learn How To Read The Same News...
Another wild ride for gold unfolded over the past two-and-a-half trading sessions as sellers and bargain hunters played tug-o-war with the market's price rope and sent the yellow metal over a relatively wide spectrum of quotes.
However, the general tilt was biased to the downside and while putative support at near the $1,550 mark was not quite broken, the still-strong dollar capped would-be gains fairly tightly and [...]
2012-S Chaco Culture Quarters in Circulating Quality Released
2012 San Francisco Chaco Culture quarters in circulating quality were released today, July 12, in United States Mint roll and bag products. These coins honor Chaco Culture National Historical Park in New Mexico.
Available only from the U.S. Mint through http://www.usmint.gov or 1-800-USA-MINT (872-6468), collectors can purchase the quarters in 100-coin bags for $34.95 and in 40-coin rolls for $18.95 [...]
Gold Declines, Silver Rises, Gold Eagle Coins Up
Gold declined for a third session Thursday, pressured by a stronger U.S. dollar and continued investor disappointment over the missing QE3 signal from the Fed's last meeting.
Gold prices for August delivery declined $10.40, or 0.7%, to $1,565.30 an ounce on the Comex in New York. Gold traded from an intraday low of [...]
US Mint Sales: Star-Spangled Banner Coins Make Noise
A lack of new products coupled with the Fourth of July holiday break pulled U.S. Mint sales back from record 2012 weekly levels.
Still, last week was one of the better ones for the bureau this year as product sales were supported by the final days of the 2012-S American Silver Eagle Two-Coin Proof Set, the U.S. Mint's mailed 2012 Summer Catalog and a few email blasts to Mint customers promoting products [...]
Gold Inches Lower, Silver Edges Higher, US Coins Again Unchanged
Gold eased 0.3% lower Wednesday as many investors were sidelined ahead of the Fed minutes.
Prices retreated a bit further immediately following the release as it indicated little support at the time for more stimulus. Gold did firm later, however [...]
London 2012 Olympic 50P Commemorative Coins Popular
Circulating London 2012 Olympic and Paralympic 50p Commemorative Coins are popular, according to new data from the Royal Mint.
As the first UK coins designed by the public, more are collected than any other commemorative coin released into circulation since decimalization, the Mint states [...]
Teddy Roosevelt Letter Seeking Coinage Redesign in Heritage’s Aug. 2-3 Auction
The Dec. 27, 1904 letter in which President Teddy Roosevelt likely first used the words "atrocious hideousness" -- a phrase that he used elsewhere at later dates -- to describe America's coinage will be sold as part of Heritage Auctions' Aug. 2-3 Philadelphia U.S. Coins Signature® Auction.
It is in the same important missive that Roosevelt also broaches the subject of having Augustus Saint-Gaudens re-design the $20 and $10 gold pieces, setting in motion a renaissance in American numismatics [...]
In The Lead – Snapshot: Growing Piles Of Stuff, Few Takers
The midweek precious metals trading session started with a bit of a recovery effort following Tuesday's price rout.
Market participants pushed the US dollar a tad lower on the index and lifted gold prices by about half a percent in the hopes that the Fed's meeting minutes might contain a much-awaited hint that there will be some type of easing to come out of the next gathering of the FOMC on August 1st [...]
