Blog Page 923

PNG Adds Third 2011 PNG Day Show, Offers Dealers’ Discounts

PNG LogoThe Professional Numismatists Guild has added a third PNG Day show during 2011. It will be held in Pittsburgh on October 12, the day before the American Numismatic Association's National Money Show there.

Dealers who take a table at the upcoming ANA-PNG Official Pre-Show in Chicago, August 13 - 15, will get a $100 discount on tables for the Pittsburgh PNG Day, October 12, and be entered in a drawing for a free table for the Pittsburgh PNG Day [...]

Gold and Silver Prices Move Slightly Higher

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Fine Gold BarsGold and silver prices traded Thursday between a relatively narrow range and not far from their previous closing prices. The metals did register modest gains, with advances attributed mostly to safe-haven demand driven by the situation in Greece.

On the Comex in New York, August gold prices rose $3.70, or 0.2 percent, to $1,529.90 an ounce The yellow metal touched [...]

Vicksburg 5 Oz Silver Bullion Coin Release

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Vicksburg National Military Park CoinThe United States Mint on Wednesday let its distributors know that they may order Vicksburg National Military Park 5 Oz Silver Bullion Coins on Monday, June 20, 2011.

The Vicksburg silver bullion coin marks the ninth of fifty-six issues in the America the Beautiful Five Ounce Silver Bullion Coin series. It is the fourth of five which will be available this year.

As a United States Mint bullion product, the Vicksburg bullion coin will not be available for direct sale through the Mint's website or [...]

American Silver Eagle, Yosemite 5 Oz Silver Coin

US Mint Sales: Silver Coins Lead Mint Products

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American Silver Eagle, Yosemite 5 Oz Silver Coin

Collectors returned to buying coins in larger quantities last week -- especially silver coins. The latest US Mint sales figures pegged 61 numismatic products as having outperformed their previous weekly gains. That compares to 21 products from the prior report and 17 from the time before that.

Sales of silver coins have been supported by fluctuating silver prices and the newly released Yosemite National Park 5 Oz Silver Uncirculated Coin, which debuted with brisk numbers [...]

In the Lead – It’s Academic

Bullion BarsFurther weakness was manifest in the precious metals' complex overnight and early this morning as the US dollar was seen approaching the 76 level on the trade-weighted index amid continuing (and aggravating) troubles related to Greece and its debt.

A collapse in that country's government bonds pushed their yields to 30.26% and there was quite a bit of "contagion" on display in other European bond yields and in the premiums for insuring against defaults (Spain, Portugal and Ireland all caught the Greek flu in that sense) in the wake of the worsening situation in Athens. [...]

Gold and Silver Little Changed as US Inflation Rises

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Fine Gold BarsUS gold and silver prices were nearly unchanged Wednesday. The two metals held firm despite a surging dollar and plunging crude oil prices.

Greek bailout issues lifted safe-haven buying, opined analysts, as the euro fell against the dollar. Higher than expected US inflation data was also somewhat supportive for gold and silver prices.

August gold prices rose $1.80, or 0.1 percent, to $1,526.20 an ounce on the Comex in New York [...]

In the Lead – When, Then, Mr. Wen?

Bullion BarsThe US dollar picked up a significant amount of steam on Wednesday and its rise helped push precious metals values back down following their tepid attempt at a gain recorded on Tuesday.

The main impetus for the greenback's gains came from the on-going European dawdling on the issue of how to tackle the pesky Greek debt situation. The additional upward driver of the dollar was the lack of notable change being recorded in US inflation levels in the month of May [...]

Yosemite National Park 5 Oz Silver Uncirculated Coin

Collector Yosemite National Park 5 Oz Silver Uncirculated Coin Sales Brisk

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Yosemite National Park 5 Oz Silver Uncirculated CoinThe United States Mint reported brisk sales of its newly released Yosemite National Park Five Ounce Silver Uncirculated Coin. Between its launch on Thursday and Sunday, orders reached 20,511. At their $279.95 price, that equates to just over $5.74 million in sales during their first four days.

An impressive tally, but it is slightly lower than starting sales of the first two issues from the Mint's America the Beautiful Five Ounce Silver Uncirculated Coin Series. The Hot Springs and the Yellowstone uncirculated coins each reached about 19,000 on their opening day [...]

Gold and Silver Prices Rebound as Dollar Weakens

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Fine Gold BarsU.S. gold and silver prices rebounded Tuesday, recovering a portion of their previous session losses. A weaker U.S. dollar, inflation sentiment, higher oil prices, and bargain hunting were among the factors analysts cited for gains.

August gold prices added $8.80, or 0.6 percent, to close at $1,524.40 an ounce on the Comex in New York. Gold traded between $1,512.80 and $1,524.90 [...]

2011 September 11 National Medal Designs, Price and Release Date

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2011 9-11 National Medal DesignsThe United States Mint this week announced the final designs, price and release date for the 2011 September 11 National Medals. The medals which commemorate the 10th anniversary of the September 11, 2001 terrorist attacks will go on sale Monday, June 20, for an introductory price of $56.95.

The Mint will begin selling the September 11 National Medals at 12:00 noon ET through its website and call center number 1-800-USA-MINT (872-6468). There will be no household order limits in place, and buyers may choose from medals produced at the United States Mint facility in West Point or Philadelphia [...]

Obverse and reverse of an 1893-S Morgan silver dollar graded PCGS MS-65 with CAC approval, the Clapp–Eliasberg specimen.

Rare 1893-S Morgan Silver Dollar Sells for $1.18 Million at GreatCollections

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A rare 1893-S Morgan Silver Dollar, the lowest-mintage business-strike issue of the series, has sold for $1,181,250 at GreatCollections. The Clapp-Eliasberg specimen, graded PCGS MS-65...