American Silver Eagle 25th Anniversary Set Announced
United States Mint Deputy Director Richard A. Peterson gave collectors some welcome news Friday when he announced a forthcoming American Silver Eagle 25th Anniversary Set.
Details about the Silver Eagle anniversary collection, due out in late October, generated further excitement when it was revealed that it would feature two unexpected issues. The five coins announced as a part of the set include: [...]
Gold Prices Plunge 5.6%, Silver Tumbles 7.4%
U.S. gold prices plummeted 5.6 percent Wednesday, registering the biggest fall since March 2008. The yellow metal has plunged for two straight days, falling a combined $134.60, or 7.1 percent, as investors took profits following six sessions of fast, frothy gains.
"People who made a lot of quick bucks are leaving the trade to return at lower points," Matt Zeman, head trader and strategist at Kingsview Financial in Chicago, was quoted on MarketWatch.
December gold prices plunged $104.00 to $1,757.30 an ounce on the Comex in New York [...]
US Mint Gold Coins Return at Same Prices as Gold Dives
Price hikes for United States Mint collector gold coins were forestalled Wednesday after gold prices plummeted by more than $100 in a single day and moved below $1,760 an ounce.
The United States Mint returned to selling 12 of 16 gold coins at 12:00 noon ET. And, thanks to gold's plunge, the collector coins cost the same as when they were preemptively suspended Monday after the yellow metal rocketed toward $1,900 an ounce [...]
In The Lead – A New (G)old Standard? It’s…Academic
Gold prices fell by the most in a year-and-a-half on Tuesday as the quest for safe-haven turned into a quest for securing profits and being the first one out from an apparently extremely overbought market. RSI metrics had been above the 70-mark for more than two weeks while gold vaulted 14% during the very month that is normally price-unfriendly.
However, yesterday, the yellow metal at one point came within just $5 of recording a full $100 drop from the most recent high water mark it achieved just hours prior to yesterday's rout (1,917 versus 1,822) [...]
Shireman Collection of Barber Halves, URC at Sept. 2011 Long Beach...
The number one collection in the PCGS Set Registry(SM) of Barber half dollars with major varieties (circulation strikes, 1892 - 1915) will be displayed by Professional Coin Grading Service at the Long Beach Coin, Stamp & Collectibles Expo, Thursday to Saturday, September 8 - 10, 2011.
"This will be only the second time the collection has ever been publicly exhibited," said Ronald J. Gillio, Expo General Chairman.
Another featured attraction, the "University of Rare Coins" (URC), the first interactive online learning center on numismatics, created and [...]
Glacier Quarter Three-Coin Set Available
The United States Mint on Tuesday, August 23, made available the Glacier Quarter Three-Coin Set for a price of $14.95.
The three-coin set is the seventh issue in the America the Beautiful Quarters® product series and the second 2011-dated release after the Gettysburg Quarter Three-Coin Set launch on July 27.
The Glacier Quarter Three-Coin Set is produced for coin collectors as it contains numismatic quarters including [...]
Gold Falls from Record Streak, Silver Prices Drop 2.4%
U.S. gold futures retreated Tuesday as investors grabbed profits after the yellow metal soared past $1,900 an ounce and to an all-time record high. Gold had gained $149.30, or 8.6 percent, in the previous six sessions. Its loss on Tuesday breaks a streak of five straight records.
December gold prices declined $30.60, or 1.6 percent, to $1,861.30 an ounce on the Comex in New York. Prices ranged from $1,851.90 to an all-time record high of $1,917.90 [...]
In The Lead – BOWLing Green in Gold Alley
Tuesday's market trading sessions in New York opened under growing selling pressure in the entire precious metals complex. Following a fresh sprint to new overnight highs (very near a first Fibonacci extension level at $1915) and amid 98% bullishness levels (seen on both Friday and on Monday) gold retreated to as low a level as $1,862.00 this morning.
But, hey, $55 of a move in the span of a few short hours is like... so "normal" in the latest scheme of things. The very thing that gold is supposed to mitigate against to a certain extent (volatility) is the attribute it has taken on of late [...]
Fuljenz Interviewed, Honored at World’s Fair of Money
As gold prices soared, national news media obtained expert commentary and advice for investors from Michael Fuljenz, President of Universal Coin & Bullion (www.universalcoin.com) of Beaumont, Texas, during the Chicago World's Fair of Money(SM), August 16 – 20, 2011.
He was interviewed by Fox Business Network and ABCNews.com about the huge demand for gold bullion and gold coins, and how the public can avoid scams when buying or selling precious metals [...]
US Mint Halts Gold Coin Sales Again, Prices Poised for Increases
The United States Mint on Monday halted sales of its collector gold coins for an extended period after gold prices soared toward $1,900 an ounce. The suspensions are expected to last until Wednesday when coin prices are poised for increases. 15 of the Mint's gold coin products are now off sale.
The action, as conveyed in a previous article published on Friday, was not completely unexpected based on gold's explosive jump -- the yellow metal in New York has surged nearly $150 in six days [...]
