In The Lead – Welcome! You’ve Got Bail (or not)!
Gold prices finally gained sufficient ground after three down sessions to recapture the $1,500.00 mark (just barely) as the new, abbreviated trading week got underway in New York this morning.
The yellow metal's overnight gains had been achieved on account of the US dollar touching three-week lows against the euro and due to continuing uncertainties surrounding the Greek debt situation. As well, some bargain hunting had manifested in the market following the contact with six-week low prices that gold had achieved last week following some sharp sell-offs [...]
GreatCollections Auctions 1842-O $10 Gold Eagle for $57,970
GreatCollections successfully auctioned the 1842-O $10 Liberty Eagle PCGS MS-60 CAC, after spirited online bidding took the final winning bid to $57,970.
The winning bidder was a private East Coast collector, who has a history of buying premium quality U.S. rarities with pedigree information.
The consignor inherited the coin from a family member who purchased it in the 1960s for $225 from Woodward and Lathrop, a Washington, D.C. department store [...]
Ulysses S. Grant Presidential $1 Dollar Coin Cover Available
On Wednesday, June 29, 2011, the United States Mint released the Ulysses S. Grant Presidential Coin Cover for $19.95.
The coin cover includes two circulation quality dollar coins mounted on a display card inside an envelope with a U.S. 44-cent Flag postage stamp. Each Ulysses S. Grant dollar is specially chosen from the first day of production. The US Mint facility in Denver produced one of the strikes on March 2, 2011, and Philadelphia's US Mint facility struck the other on March 7, 2011 [...]
In The Lead – The China Syndrome… of Another Kind
Gold prices touched lows not seen in over six weeks overnight and they were heading towards finishing this week with their worst performance since the commodity meltdown of early May.
Spot quotes received during the wee hours showed the yellow metal trading near the $1,486.00 mark per ounce despite a slightly lower US dollar but certainly being "assisted" by a larger-than-$1 slippage in black gold.
For the time being, the news that China's manufacturing activity expanded at its slowest pace in nearly two-and-a-half years also put a fairly heavy damper on [...]
Gold Advances 4.4% in 11th Quarterly Gain, Silver Plunges 8.1% in...
U.S. gold futures prices edged lower Thursday after rising during the previous two sessions. The yellow metal ended down in June but maintained enough momentum in the previous two months to register its 11th straight quarterly gain. Other precious metals ended lower in the second quarter.
August gold prices declined $7.60, or 0.5 percent, to settle at $1,502.80 an ounce on the Comex in New York. Gold traded between $1,501.20 and $1,514.80 [...]
2011 Proof American Silver Eagle Released by US Mint
The 2011 Proof American Silver Eagle debuted today from the United States Mint. The coin became available beginning at 12 Noon ET. A price of $59.95 has been attached to each, plus the standard handling charge of $4.95 per order.
Orders for the 2011 Silver Eagle may be placed directly from the United States Mint website at http://www.usmint.gov/catalog or by calling the bureau directly at 1-800-USA-MINT (872-6468). There is a household order limit of 100 coins [...]
In The Lead – Beijing to the Dollar: Who [Still] Loves...
New York spot precious metals dealings opened with relatively small losses on this last day of June, and appeared to be in search of fresh drivers to countervail ebbing interest and participation by speculators and professionals.
Market participants were already showing signs of heading out the door early to gear up for the long holiday weekend. Following yesterday's 155-to-138 vote of approval for additional austerity measures in the Greek Parliament, the focus shifts to the second round of voting on the measures [...]
US Mint Sales: Julia Grant First Spouse Gold Coins Debut
Collectors were a bit more active last week in buying coins, based on the latest US Mint sales figures. 26 United States Mint products showed up with improved week-over week sales versus the 20 which outperformed in the previous report.
Debuting in this round of US Mint sales are the first batch of 2011 September 11 National Medal figures and starting numbers for the Julia Grant First Spouse Gold Coins [...]
Gold Rises for Second Day, Silver Surges 3.3%
U.S. gold and silver futures rose for a second straight day Wednesday as a weaker U.S. dollar, sharply higher crude oil prices and bargain-hunting pushed up precious metals prices.
August gold prices advanced $10.20, or 0.7 percent, to $1,510.40 an ounce on the Comex in New York. Gold prices ranged between $1,500.80 and $1,513.80 [...]
Grand Canyon National Park 5 Oz Silver Uncirculated Coin Released
The United States Mint today at noon ET released the Grand Canyon National Park Five Ounce Silver Uncirculated Coin for a price of $279.95.
The collector Grand Canyon coin is the fourth issue in the Mint's America the Beautiful Five Ounce Silver Uncirculated Coin Program. This coin honors Grand Canyon National Park located in the state of Arizona.
The previous five ounce silver uncirculated coins honored national parks as well, with the [...]
