PNG Seeks 2012 Award Nominations
Nominations are now being accepted for the 2012 Professional Numismatists Guild (www.PNGdealers.com) awards, according to PNG Executive Director Robert Brueggeman and President Jeffrey Bernberg.
"These annual and eagerly anticipated awards formally recognize achievements in various areas of the hobby and profession. We welcome and encourage nominations from collectors and dealers," said Brueggeman [...]
2012 Proof Set Released by US Mint
Today, May 7, 2012, the United States Mint released the 2012 Proof Set for $31.95 each.
It is the first core or annual set which contains all of this year's coins, including those with one-year only designs like those featured on the reverses of the 2012 America the Beautiful Quarters, the 2012 Presidential $1 Coins and the recently released Native American Dollar.
Similar core silver and the uncirculated annual sets will follow in the coming months. Of the three [...]
In The Lead – Aux Armes, Citoyens!
Spot gold bullion traded at lows near the $1,635 level in Sunday night trading, while the news from Paris also engendered bid-side quotes at near $29.90 for silver.
Considering the fact that the second largest economy in the EU has just been handed over to Socialist control (for the first time in 17 years), and that the advent of Mr. Hollande's tenure is likely to give rise to deeper rifts with previously stated German economic and budget deficit policies, the damage to the euro was relatively contained [...]
Gold Drops 1.2% for Week as Silver Falls 3.1%, US Gold...
Gold rose Friday, snapping a string of four straight daily losses. Gains followed the release of disappointing U.S. jobs data which was said to improve the prospects of additional Fed stimulus.
But the gain on Friday failed to bring gold into the black for the week, although it dropped the least of the precious metals. Across the group, weekly losses included 1.2% for gold, 3.1% for silver, 2.5% for platinum and 4.3% for palladium [...]
US Mint to Launch Popular Proof Set in Week of May...
Only one new item is scheduled to launch next week, and it is the United States Mint's top numismatic seller.
On Monday, May 7, 2012, the 2012 United States Mint Proof Set® will go on sale for $31.95. The set, most will simply refer to as the "2012 Proof Set," will contain collector versions of all 14 of this year's American coinage, including [...]
In The Lead – Payrolls Payoff
Precious metals underwent a mini-meltdown on Thursday and approached key support levels once again despite an only modest gain in the US dollar on the trade-weighted index.
We could call yesterday a "sell everything" or "risk-off" kind of day all we would like to; the reality is that the relatively weak economic data coming from the US economy failed to undermine the greenback, it failed to make more than a 62-point dent in the Dow, and it certainly failed to ignite fresh QE3 hopes and lift gold and other precious metals at all [...]
Paul Zapantis of Massachusetts Wins 2012 PNG Young Numismatist Scholarship
A college student who started collecting coins as a young child when "the tooth fairy" left Morgan silver dollars under his pillow is the winner of the 2012 Professional Numismatists Guild (www.PNGdealers.com) Young Numismatist Scholarship.
A National Honor Society member, Zapantis was President of both his senior class and the student council when he graduated from Clinton High School in 2009. He just completed his junior year at Worcester State University, and says he's now looking forward to learning about coin grading at the ANA Summer Seminar [...]
US Mint Sales: Dollar and Quarter Products Debut, Gold Coins Higher
Three debuting collector products and cheaper prices for gold coins helped spur sales, based on the latest sales figures from the United States Mint.
42 collector products improved over their prior weekly sales as compared to 26 out-performers in the previous sales report, and unit sales spiked as a result of the introduction of the 2012 Presidential $1 Coin Proof Sets, 2012 America the Beautiful Quarters Uncirculated Sets and 2012 Native American $1 Coins [...]
American Eagle Silver, Gold Bullion Coin Sales Slide in April
Demand tumbled last month for American Eagle silver and gold bullion coins, according to April sales figures reported by the United States Mint.
The pace was down from the previous month and a year ago, with 22-karat American Eagle Gold coin sales in April notably the weakest for a month since June 2008 [...]
Gold Prices Retreat 0.5% as Silver Declines 0.9%
Gold prices declined Wednesday, marking a third straight session of losses that have accumulated to nearly $11.
Gold retreated as the U.S. dollar strengthened despite a report on private-sector U.S. jobs which fell short of expectations. ADP said businesses added only 119,000 jobs in April -- the smallest gain in seven months and much lower than the revised total of 201,000 in March [...]
