NGC Certifies Newly-Discovered American Platinum Eagle Variety
Numismatic Guaranty Corporation (NGC) has announced that they have certified a newly-discovered platinum eagle variety.
The latest oddity to surface in the U. S. Mint's American Eagle Bullion Coin series is a 2007-W platinum $100 piece in proof with an obvious die-polishing error.
This popular coin type, which features a facing eagle with wings outstretched, also includes a shield on the eagle's breast [...]
US Mint Sales: 2011 Bullion Eagles Off to the Races
An increase in 2010 Silver Proof Eagles and record-approaching 2011 Silver Bullion Eagles are the most interesting aspects in the latest US Mint sales report.
The Proof Eagle coins have seen two weekly adjustments since they sold out in late December. The latest brings them up 3,644 to 860,000, which would seem like a natural stopping point. Collectors will have to wait until the July time frame for the 2011 Silver Proof Eagles to make their appearance, according to [...]
The (Changing) Rules Of The Game – Thursday Kitcommentary
An easing of the apprehension levels surrounding Portuguese in particular and European debt in general, prompted a reversal of yesterday's gains in gold (and to a lesser extent the other precious metals) overnight and early this morning. Spain, too, just this morning, (as projected) did better with its bond auctions than had been feared by some.
Spot bullion prices drifted lower ahead of the New York opening on Thursday, touching lows near $1,376.00 per ounce, despite a slippage in the US dollar (down 0.28 on the trade-weighted index, at 79.80) and stagnating (but still quite high) crude oil prices at near $92 per barrel [...]
Gold Prices Rise Late, Silver Ends Slightly Higher
U.S. gold prices settled $1.50 higher Wednesday after spending most of the day in the red as jitters over European debt issues eased. Reports indicate a falling dollar and rising oil prices helped support the yellow metal.
February gold prices rose 0.1 percent, to settle at $1,385.80 an ounce on the Comex in New York, marking a third straight day of [...]
Yellowstone Quarter Three-Coin Set Debuts
The United States Mint on January 5, 2011, released the Yellowstone Quarter Three-Coin Set for a price of $14.95, one dollar higher than the previous issue.
The set includes three numismatic or collector versions of the second coin released in the America the Beautiful Quarters® Program. Debuting sales figures of 11,115 were reported by the US Mint for their first five days of release [...]
Hu’s On First? – Wednesday Kitcommentary
Gold prices remained hesitant to stage significant advances this morning, despite a weaker US dollar (down 0.29 to 80.52 on the index) and gains in the other precious metals and crude oil.
Were it not for lingering physical selling in the market, the yellow metal might have opened some $5 higher than where it did for this, the midweek session.
Spot gold recorded a $0.60 per ounce gain at the start of Wednesday's trading action and it was quoted at $1,381.90 on the bid side, at that time. The choppiness and [...]
Bowers and Merena’s Tampa Bay Rarities Sale Tops $4 Million
Bowers and Merena, one of the world's preeminent auctioneers for rare coins and currency, began 2011 with the first major numismatic event of the year, the January Tampa Bay Rarities Sale.
The single-day, single-session event held Jan. 4 offered nearly 1,700 lots of rare United States and Colonia-era coinage. With coins performing exceptionally well, sales topped $4 million [...]
Gold Prices Rise 0.7%, Silver Advances 2.2%
U.S. gold and silver futures prices rose for a second straight day on Tuesday, with gold climbing 0.7 percent and silver jumping 2.2 percent.
Platinum lengthened its string of daily gains to four with a pick-up of 1.4 percent while palladium rallied 4.5 percent, advancing for the first time since Wednesday [...]
US Mint 2011 Proof Set Released
The United States Mint today, January 11, 2011, at noon ET released the 2011 Proof Set for a price of $31.95.
It is the first time in more than a decade that a major annual product has been available so early in the year. The January release was announced in September, and is a part of the US Mint plan to launch core products earlier in the year [...]
The B-Word Is In The Eye Of The Beholder – Tuesday...
Spot gold started off with a $5.70 per ounce gain this morning, opening at the $1,382.40 bid level as against a US dollar at 80.84 on the index, but assisted by a near 90-cent gain in black gold (last seen at $90.23 per barrel).
The rally was rather short-lived, as it turned out, as a subsequent (and more substantial) advance in the dollar truncated the initial buying energy and the precious metals turned negative (revisiting the $1375.00 area once again) [...]
