PNG Approves 3-Point Definition of Coin Doctoring
Members of the Professional Numismatists Guild attending the organization's general membership meeting on April 17, 2012 overwhelmingly approved a three-point definition of so-called "coin doctoring."
Here is the wording of the definition as approved by the PNG Board of Directors and PNG member-dealers attending the meeting in the Chicago suburb of Schaumburg, Illinois on the eve of the Central States Numismatic Society convention [...]
Gold Gains Modestly while Silver Prices Advance 1%
Gold edged higher Tuesday for the first time in three sessions as support came from a weaker greenback and rising oil prices.
Gold prices for June delivery rose $1.40, or 0.1%, to $1,651.10 an ounce on the Comex in New York. Prices ranged from an intraday low of $1,635.20 to a high of $1,658.40 [...]
Chaco Culture Quarter Three-Coin Set Available
New Mexico is home to ancient structures that date back to the time between 850 and 1250 A.D., and in April, the new Chaco Culture quarter from the United States Mint debuted which features portions of the unique architecture on its reverse. The coin is now spotlighted in the latest product from the U.S. Mint, the Chaco Culture Quarter Three-Coin Set. It went on sale Tuesday, April 17, 2012, for $9.95.
Along with previous three-coin set launches featuring America the Beautiful Quarters, this newest numismatic product makes the twelfth released. The three collector coins that are packaged within the set include [...]
2012 Proof American Silver Eagle Debut Sales Near $18M in Five...
American Silver Eagles again proved their popularity as opening sales of the 2012-W Proof American Silver Eagle soared. The United States Mint reported five-days sales of nearly $18 million between their Thursday release and Monday.
As is typical for the 99.9% pure silver coin each year, the latest issue generated the best debut total for a U.S. Mint numismatic product this year. Unit sales reached 299,539 for a daily average of 59,908 coins. At its $59.95 price, the sales total over the five days summed exactly to $17,957,363.05 [...]
2012 Maple Leaf Forever Coins in Platinum, Gold and Silver
Available now from the Royal Canadian Mint are five 2012 Maple Leaf Forever Coins struck in varying sizes of platinum, gold and silver. The coins expand on a popular series which was introduced by the Mint last year.
The Royal Canadian Mint's newest Forever Maple Leaf Coins include a massive one kilogram gold coin, a one ounce platinum coin, a one kilogram silver coin, a 1/10 ounce gold coin and a 1/2 ounce silver coin. All feature a unique reverse design showcasing Canada's iconic emblem [...]
Gold Starts Week Lower, Bullion Silver Eagle Sales Top 11 Million
Gold declined Monday and for a second straight day as early gains in the U.S. dollar helped drive the yellow metal to its lowest settlement price since April 5.
Gold prices for June delivery declined $10.50, or 0.6%, to close at $1,649.50 an ounce on the Comex in New York. Gold's intraday low and high were $1,642.00 and $1,659.60. Gold rallied for a good portion of last week, advancing 1.8% [...]
In The Lead – Poll Positions
This morning's New York-based dealings had gold opening at $1,646.50 per ounce down $12) and silver starting the session at $31.47 per ounce (down 3 cents).
The weakness in prices was attributed in part to growing anxieties surrounding the debt situation in Spain and to the perception that, despite the PBOC's yuan trading decision, the world's second largest economy is possibly wobbly. The euro briefly dipped under the pivotal $1.30 mark this morning and that development certainly did not help gold [...]
Gold Logs Weekly Increase as Silver Retreats, US Bullion Coins Improve
Gold marched ahead 1.8% this week despite a loss of more than $20 on Friday.
U.S. stocks, gold and other commodities declined Friday as data showed a cooling in China's growth and euro debt worries resurfaced as the cost to insure Spanish debt climbed to an all-time high. Against these backdrops, the U.S. dollar firmed and precious metals slid.
Gold prices for June delivery declined $20.40, or 1.2%, to close at $1,660.20 an ounce on the Comex in New York [...]
US Mint 2012 Proof Gold Eagles, Quarters Coin Set Launch in...
The third week of April unveils six collector products from the United States Mint. The first features Chaco Culture National Historical Park Quarters in a Three-Coin Set and the remaining five products offer 2012-W Proof American Gold Eagles.
Starting the week is the Tuesday, April 17, release of the Chaco Culture Quarters Three-Coin Set. Past coin sets have been popular with collectors. Over 10,000 were purchased during the first week of each of the previous eleven issues [...]
2011-W $5 Proof American Gold Eagle No Longer Available
As of Thursday, April 12, 2012, the United States Mint is no longer selling the individual 2011-W $5 Proof American Gold Eagle.
The 22 karat, one-tenth ounce gold coin was added to the 'No Longer Available" section of the U.S. Mint's website with a "sold out" indication. This latest removal leaves just the four-coin set as the last option available for the 2011-dated proofs. Earlier "sell outs" in the series included the $25 coin in February, the $10 denomination in [...]
