Medal of Honor Coins Get 11th Hour Boost From Texas Coin...
With the United States Mint's mid-December sales cutoff deadline approaching, the President of the Congressional Medal of Honor Foundation is praising an 11th hour effort by a prominent Texas coin dealer to boost lower-than-anticipated sales of the commemorative 2011 Medal of Honor uncirculated silver dollars. By law, the South Carolina-based foundation receives a $10 surcharge for each coin sold, and sales of the uncirculated dollar coins have lagged behind the proof version by over two-to-one.
Michael Fuljenz, President of Universal Coin & Bullion of Beaumont, Texas has purchased 1,900 of the uncirculated dollars for sale to customers, the largest single purchase of this coin from the Mint [...]
Garfield Presidential Dollar Launch Ceremony and Coin Exchange on Nov. 17
The United States Mint scheduled a launch ceremony and coin exchange for the James A. Garfield Presidential $1 Coin on Thursday, November 17, 2011.
Open to the public, the events will take place at the James A. Garfield National Historic Site located at 8095 Mentor Ave in Mentor, Ohio, which is about 30 minutes east of Cleveland. The ceremony will start at 10 AM Eastern Time with the coin exchange immediately following.
The keynote address at the ceremony will be given by Dr. Allan Peskin, Professor Emeritus of History at Cleveland State University and author of Garfield, a biography of the President [...]
The Presidents Cup Coins Released by Royal Australian Mint
One of the fastest selling collectible coin programs released by the Royal Australian Mint is coming to the green fairways of the Royal Melbourne Golf Club when it hosts The Presidents Cup tournament for the second time from 15 - 20 November 2011.
Golfers and collectors alike are racing to own one of these high quality, stunning coins that have almost sold out already through the usual Royal Australian Mint sales channels [...]/p>
Stuppler Examines Hyperinflation and Gold Confiscation Possibilities
In a new analysis of the economic conditions facing the United States and the world, veteran precious metals expert Barry Stuppler of Stuppler & Company in Woodland Hills, California cautions we will see "serious global inflation with a high likelihood of hyperinflation within the United States."
Stuppler has researched and authored "Is Hyperinflation the US Government's Only Way Out?," a 30-page analysis of economic, historic and social factors. He concludes: "If your assets are stored primarily in US dollars, you need to act now to protect your family, wealth and future."
He says many financial planners he works with are recommending [...]
Gold Dips Below $1,780; Silver Prices Decline 1.9%
Gold finished nearly $10 lower Monday, giving back a portions of last week's gains, as the U.S. dollar rallied in response to the lingering issues surrounding Europe's debt crisis. Gold "traditionally" moves opposite of the greenback, but it tends to rise under circumstances -- such as Europe's dilemma -- that appeal to its safe-have nature.
Gold prices declined $9.70, or 0.5 percent, to $1,778.40 an ounce in the December futures contract on the Comex in New York. Prices traded between an intraday low of $1,774.20 and a high of $1,797.60. Last week gold advanced $32.00, or 1.8 percent [...]
Chickasaw National Recreation Area Quarter Available in Bags and Rolls
At 12 noon Eastern Time today, November 14, 2011, the United States Mint began selling bags and rolls containing the 2011 Chickasaw National Recreation Area Quarter. These products include coins that have been produced for general circulation, but have not circulated.
The Chickasaw quarter honors the national site in the state of Oklahoma, and is the fifth release this year and the tenth in the America the Beautiful Quarters® Program that began in 2010. In all, 56 national park/site quarters will be produced through 2021 [...]
In The Lead – NEUrope!
Monday's markets opened with far less "Europtimism" than had been manifest on Friday and traders once again flocked to the relative safety they continue to perceive in the US dollar...
Thus, gold spot dealings in New York opened the week on a downward note, losing from .50% to 1% and basically trading in a channel of from $1,770 to $1,780 without Friday's display of bullish energy. Spot bullion commenced trading at $1,781 per ounce with a loss of $8 as the "Mario 1UP" bounce failed to materialize in various markets. The opening mood might still morph into an upbeat one as [...]
Gold, Silver Prices Gain 1.8% on Week
Gold prices rebounded nearly $29 Friday after a pounding loss on the previous day. A weaker U.S. dollar was supportive of precious metals in general. For the week, gold advanced $32.00, or 1.8 percent.
Other weekly gains included a matching 1.8 percent for silver and dual 1.1 percent increases for platinum and palladium. Gold was the media headline grabber, rising for three consecutive weeks as other major metals will now attempt a streak beyond one.
On Friday, gold prices rallied $28.50, or 1.6 percent, to $1,788.10 an ounce in the December futures contract on [...]
American Silver Eagle 25th Anniversary Set Photos, Latest Values
Interest continues at a heightened, even frenzied level for the American Silver Eagle 25th Anniversary Set which was released on October 27 and promptly sold out in 4 1/2 hours.
While some collectors assert they will never do business again with the United States Mint due to their deep disappointment surrounding its rollout, those who purchased one or more of the 100,000 sets are enthusiastically glued to their delivery time and soaring values.
To the delight of buyers, the United States Mint started shipping sets this week. They began showing up on buyer's doorsteps on the morning of [...]
In The Lead – Lotsa News At Eleven, Eleven, Eleven.
Precious metals markets opened firmer this morning as the passage of the austerity budget measures by the Italian Senate gave comfort to certain market participants who have been pinning hopes (and trading positions) on the avoidance of a eurozone meltdown lately.
Gold received a $14 lift out of the starting gate and traded at $1,772 the ounce. The $1,730-$1,780 channel appears to be confining the yellow metal for the moment, but do not discount the possibility of out-sized moves yet to come- it all hinges on news from Europe at this time. The Dow surged by over 200 points on the Italian Senate news, for example. Let's see: Dow up = Can gold be far behind? That's the new 'normal' for ya. Gracias, hedge funds. De nada [...]
