PNG Welcomes New Members
The Board of Directors of the Professional Numismatists Guild (PNG) has ratified the new or upgraded memberships of four professional numismatists.
John Albanese of John Albanese Numismatics in Far Hills, New Jersey and William Panitch of William S. Panitch Rare Coins in Albany, New York have joined PNG as Regular (full) members [...]
Gold Settles Higher, Silver Rises 2.1%
Precious metals rose Tuesday following an extended U.S. holiday weekend and after prices plunged on Friday.
Palladium rallied best, gaining 2.5 percent. Silver followed with a 2.1 percent increase while platinum and gold brought up the rear with respective gains of 0.7 and 0.6 percent.
At day's end, February gold prices added $7.70 to settle at $1,368.20 an ounce [...]
2011 America the Beautiful Quarter Images Revealed
The United States Mint has published images of the 2011 America the Beautiful Quarters which mark the sixth through tenth issues in the America the Beautiful Quarters® Program.
The quarter-dollars honor, in the order of their release, Gettysburg National Military Park in Pennsylvania, Glacier National Park in Montana, Olympic National Park in Washington, Vicksburg National Military Park in Mississippi, and Chickasaw National Recreation Area in Oklahoma [...]
Gentlemen, Start Your…Houses! – Tuesday Kitcommentary
Trading action resumed on Tuesday with gains across the precious metals price boards.
A sizeable drop in the US dollar on the trade-weighted index (off 0.46 to the 78.90 level) prompted by early concerns that US housing starts data to be released on Wednesday might reveal that not all is (yet) well in the pivotal American economic sector gave metals buyers the impetus to lift prices as the abbreviated trading week got underway [...]
NGC Online Security Image Archive Reaches 3 Million Coins
Numismatic Guaranty Corporation (NGC) has announced that their online security image archive now includes 3,000,000 coins -- the largest database of NGC-certified coins in existence anywhere.
Since October 2008 NGC has been capturing digital photographs of every coin that it certifies and then storing them in an internet-accessible database.
By maintaining a secure and proprietary database of coin images and making it available to the public [...]
Canadian Mint Releases First 2011 Collector Coins
The Royal Canadian Mint is pleased to introduce a newly crafted array of gold, silver and base metal keepsakes as it launches its first collector coins of 2011.
This highly anticipated collection is headlined by the 2011 Proof Silver Dollar, Brilliant Uncirculated Silver Dollar and Proof Set, which celebrate the conservation of Canada's natural treasures on the 100th anniversary of Parks Canada [...]
Canadian Mint Sets Record for Sold Out Coins
The Royal Canadian Mint is posting stellar results for the sale of its numismatic products in 2010 and is delighted to have sold out 25 collector coins over the last 12 months.
This record benchmark is a ringing customer endorsement of the Mint's world class numismatic-products, whose appealing designs and themes, quality and innovations have fuelled strong domestic and international demand in 2010 [...]
Persons Of Interest – Friday Kitcommentary
Additional losses were noted in gold prices overnight following Thursday's late afternoon long-liquidation slump in values.
Although said sell-off was primarily driven by jockeying for position ahead of this morning's US labor market statistics and by a salvo of soothing words on the US economy by Mr. Bernanke, this morning's continued drop towards the $1,360.00 pivotal price support area had another, somewhat familiar, yet quite clear motivating factor: China [...]
Heritage First Week January Auctions Top $62 Million
Heritage 'First Week' January Auctions topped $62 million, including the $7.74+ million FUN Currency auction, the $46 million + Fun U.S. Coin auciton, and the $9.28 million NYINC World & Ancient Coin auction.
Collectors at Heritage's $46 million+ Tampa, FL FUN U.S. Coin auction, Jan. 5-9, kept their focus on rare gold over the course of the four days – especially during the Thursday, Jan. 6 Platinum Night offerings – a sector led by the $2.185 million sale of the Frank A. Leach Specimen of the 1907 Rolled Edge eagle [...]
Gold Drops Late After Closing Higher, Silver Plunges
U.S. gold prices dropped in after-hours trading Thursday after its settlement was higher for a fourth straight day. Silver, which was the only precious metal on the day to close lower, fell even further.
"Comex gold futures dropped further in after-hours trading Thursday afternoon amid some fresh selling pressure due to gold-market bearish remarks from Federal Reserve Chairman Ben Bernanke," noted Jim Wyckoff [...]
