Gold Dips as Silver Edges Up, US Coins Unchanged
Gold dipped 0.5% Wednesday for its biggest fall in three straight daily losses.
Gold, most other commodities and stocks declined as the Fed cut U.S. growth estimates and said it was extending its accommodative "Operation Twist" monetary policy through to the end of the year. Investors were, apparently, hoping for deeper stimulative action [...]
Eliza Johnson First Spouse Gold Coins Taken Off Sale
Eliza Johnson First Spouse Gold Coins are no longer available. The last of the two versions -- the proof coin -- was taken off sale Wednesday, June 20, 2012. Its companion uncirculated coin was pulled from United States Mint store shelves earlier in the month.
Demand dictates how many of the coins are produced, and early buying greatly controls inventory. The U.S. Mint on release day announced that [...]
In The Lead – Let’s Twist Again?
"Fedspectations" of "let's twist again like we did last fall" notwithstanding, gold prices lost more than $30 between Tuesday and Wednesday morning's early dealings and breached the $1,600 support level once again.
The speculative crowd was said to be "flattening its books" ahead of the Fed announcement, but it at once also appeared to be factoring in an accommodation from the Fed as well as the fact that such accommodation would only be in the form of a [...]
Prices May Rise for US Mint Numismatic Platinum and Gold Coins
It looks as though prices will rise for U.S. Mint numismatic gold coins, commemorative gold coins, and platinum coins, if prices of the precious metals they contain do not drop significantly on Wednesday. Recent trends of gold and platinum prices in the London market show a consistent up tick of prices since last Thursday [...]
Gold, Silver Dip for 2nd Day, US Silver Coins Top 16M
Gold declined modestly for a second day Tuesday. Volume was again light as investors await the results of the monthly FOMC policy meeting.
Gold prices for August delivery declined $3.80, or 0.2%, to settle at $1,623.20 an ounce on the Comex in New York. Prices moved between intraday ranges of [...]
Grover Cleveland (First Term) Presidential $1 Coin Cover on Sale
Today, June 19, 2012, the United States Mint released a new Presidential $1 Coin Cover featuring two dollars honoring Grover Cleveland with an image of his likeness while serving his first term as President of the United States. Cleveland was the only U.S. President to serve two nonconsecutive terms.
Grover Cleveland's Presidential $1 Coin Cover, the 22nd in the American Presidency $1 Coin Cover Series, is available for $19.95 [...]
US May Coin Production: New Acadia Quarter, 2012 Presidential $1 Mintages
American coin production slowed in May 2012, breaking a streak of two consecutive monthly increases. Amounts were down but variety was up. New U.S. Mint circulating production figures disclosed activity across the widest range of coins this year.
Of particular note to coin collectors, mintages for the Acadia quarter and each of the four 2012 Presidential dollars were either updated or revealed for the first time [...]
Acadia Quarter Launch Ceremony and Coin Exchange
An official Acadia quarter launch ceremony is scheduled for Tuesday morning, June 26, 2012 at 9:30 AM Eastern Time (ET), the United States Mint announced today.
The ceremony will take place at the Hulls Cove Visitor Center at Acadia National Park, located on Route 3 north of Bar Harbor, Maine. For coin enthusiasts, a coin forum is scheduled for the prior evening [...]
Gold Prices Inch Lower to Snap Streak, US Coins Unchanged
Gold inched 0.1% lower in light trading Monday, snapping a streak of session increases that had tallied to six by Friday when the yellow metal logged a 2.3% weekly gain.
Gold prices for August delivery shed $1.10 to $1,627.00 an ounce on the Comex in New York. Gold closed nearer the intraday high of $1,631.30 versus the low of $1,606.90 [...]
In The Lead – The Hangover – Part II
Spot dealings opened with lower prices in all but palladium this morning in New York. Gold lost $9 to be bid at $1,618 per ounce while silver declined 42 cents to the $28.32 mark per ounce. Platinum fell $2 to $1,478 the ounce while palladium bucked the trend and climbed $1 to $626 per ounce...
Background market indications showed the US dollar rising 0.65% on the trade-weighted index (to 81.88) while crude oil [...]
