Heritage CSNS Currency Auction Realizes $6.2+ Million
Heritage Auctions' 2011 April Rosemont Central States Signature Currency Auction #3513, held in Chicago, IL, April 27-May 2 – in conjunction with the Central States Numismatic Society (CSNS) Convention, realized $6.2 million – including the non-floor session held on May 2. All prices include a 15% Buyer's Premium.
Highlights from Session One included a number of World notes that brought strong prices, with a lovely blue and purple specimen Israel Anglo-Palestine Bank Limited £50 [...]
Daniel Gibson of Ohio Wins 2011 PNG Young Numismatist Scholarship
Daniel Gibson, 18, of Perrysburg, Ohio, who was introduced to coin collecting less than a year ago, is the winner of the Professional Numismatists Guild 2011 Young Numismatist Scholarship to attend the American Numismatic Association Summer Seminar in Colorado Springs, Colorado.
Gibson became interested in the hobby through his friendship with last year's PNG YN Scholarship winner.
"The PNG scholarship will provide Daniel with airfare, tuition for one of the two week-long Summer Seminar sessions in [...]
Gold Retreats Modestly, Silver Prices Fall 2.5%
U.S gold futures settled slightly lower Monday after having rallied earlier to a high of above $1,500 an ounce. Silver prices were again pressured, dropping 2.5 percent and closing toward $34 an ounce.
June gold prices stepped back $3.00, or 0.2 percent, to close at $1,490.60 an ounce on the Comex in New York. Gold ranged from an intraday low of $1,486.00 to a high of $1,504.30 [...]
US Mint 2011 Product Launches from May 17 to 19
The United States Mint this week will issue several collector products between Tuesday, May 17, and Thursday, May 19, that include very recognizable names.
The products up for release are the Yellowstone National Park Five Ounce Silver Uncirculated Coin, the Proof American Buffalo Gold Coin, and 25-coin rolls of Ulysses S. Grant Presidential $1 Coins [...]
Monday Kitcommentary – The Heretic Foundation
Silver continued to lead the metals' complex to lower ground, losing about 2.2% or nearly $0.90 and trading at $34.49 at opening time after having touched $33.85 in overnight trading overseas.
The white metal is now beneath its 100-day moving average at $34.85 and might be slowly (or not so slowly, on certain days) aiming for the 200-day one at the $29.32 level, a number at or near which analysts expect support to hopefully emerge. That level would be 58% off the pinnacle recorded at $50.35 not too long ago [...]
Gold Ends Week Below $1500, Silver Prices Advance
U.S gold futures finished lower Friday as the dollar rose against the euro after renewed concerns over Greece's debt crisis surfaced. The loss pushed gold below $1,500 an ounce, cutting its weekly gain to a whispering 0.1 percent.
Silver prices advanced to just above $35 an ounce. Its daily 0.6 percent pick-up was too modest however, as the white metal extended its weekly losing streak to two. But the resulting 0.8 percent loss was like a sigh of relief when compared against its 27.4 percent thrashing last week. [...]
Hot Springs 5 Oz Silver Coin Sold Out, Waiting List Implemented
The Hot Springs National Park 5 Ounce Silver Uncirculated Coin sold out Thursday morning, Those wanting to purchase the three-inch diameter, .999 fine silver collector coin are now being asked by the United States Mint to join a waiting list.
A "Waiting List Notice" is posted on the online product information page for the Hot Springs Coin where the United States Mint states [...]
Friday Kitcommentary – At The Core Of It All
Commodities staged a modest comeback late on Thursday and into Friday morning as a slightly weaker US dollar drew a few courageous bargain hunters into the ring looking for an opportunity for a short-term buck-making opportunity.
It has been two weeks now since the sector has recorded certain epic valuations that were followed by a pattern of price action that best resembles the happenings at a bungee-jumping festival. And thus, we come to Friday the 13th, hoping we do not get the next installment of the movie playing out on the world's financial screens [...]
US Mint April 2011 Coin Production Rises
The United States Mint picked up its coin production pace in April 2011, snapping a streak of two monthly declines. Sharp increases in the amounts of pennies, nickels, dimes and quarters swung the month ahead.
The United States Mint struck 640.17 million coins for circulation, surpassing the previous month's tally by 31.9 percent and year ago levels by 41.6 percent. An accomplishment yes, but April [...]
Gold Rises Modestly, Silver Falls but Pares Losses
U.S gold and palladium prices edged higher Thursday, supported by a weaker dollar and higher oil prices. Platinum and silver declined, although both metals substantially trimmed their losses.
June gold prices added $5.40, or 0.4 percent, to finish at $1,506.80 an ounce on the Comex in New York [...]
