Gold, Silver, Metal Prices Commentary for Nov. 16, 2010
Liquidations in precious and base metals continued to depress prices overnight as well as this morning, despite news that would normally play nicely into the gold bugs' hands; that of Ireland's forced bailout possibly moving closer to being a reality.
At the very least, the EU is in the garage workshop along with Ireland, and, having both rolled up their sleeves, efforts to clean up the mess in that country's banking sector are well underway. "Bailout" or "restructuring" labels are not the issue; the fact that progress is being made, is [...]
Coin Dealer Drops 1 oz American Gold Eagle into Salvation Army...
Nationally-known rare coin dealer Michael Fuljenz, President of Universal Coin & Bullion Co. (www.universalcoin.com) in Beaumont, Texas, has placed a one-ounce American Eagle gold coin donation valued at $1,400 into a Salvation Army collection kettle.
He urged others across the country this holiday season to do the same or, in the Biblical parable of the poor widow's mites, to donate whatever they can afford as the Salvation Army's annual Christmas kettle drive officially gets underway, November 19, 2010 [...]
Mount Hood National Forest Quarter Bags and Rolls Available
United States Mint bags and rolls of the 2010 Mount Hood National Forest Quarter were released today at noon ET.
Each Mound Hood Quarter two-roll set is sold by the U.S. Mint for a price of $32.95 while each Mound Hood Quarter bag is $35.95.
The Mount Hood National Forest Quarter marks the last of the five releases scheduled in 2010 for the America the Beautiful Quarters® Program [...]
US Mint November 2010 Product Schedule Features Long Awaited Releases
The remaining US Mint products scheduled for release this year will be trimmed significantly in just a few days. This week is the busiest in 2010 for United States Mint product launches.
For many collectors, it is also the most anticipated week as issues include the last of the 2010 quarters, the desired Abraham Lincoln Presidential Dollar and the popular 2010 Proof Silver Eagle [...]
Gold, Silver, Metal Prices Commentary for Nov. 15, 2010
Leftover selling pressure depressed gold price as the mid-month session got underway this morning in New York.
Spot gold bullion traded $9.10 per ounce lower out of Monday's starting gate, with a bid quoted at $1,359.70 and all indications were that this was about to develop into another volatile and highly unpredictable trading day [...]
Perth Mint Launches New Gold and Silver Website
Buying gold and silver for investment from the internationally renowned Perth Mint is now just a few clicks away, thanks to the launch of www.perthmintbullion.com.
The new website offers investors a stunning choice of bullion coins and bars made by The Perth Mint from 99.99% pure gold and 99.9% pure silver. Purchasing is simple and convenient and is offered with the breakthrough of true live pricing [...]
Bowers and Merena to Host ANA Pre-Show Auctions in 2011-2013
Bowers and Merena Auctions has been selected by the American Numismatic Association as the official auctioneer for the ANA Pre-Show, which will immediately precede the World's Fair of Money conventions.
This three-year agreement includes the ANA Pre-Shows to be held in Chicago in 2011, Philadelphia in 2012 and Chicago in 2013 [...]
Gold Prices Drop 2.3% in Week, Silver Dips 3%
A bevy of worries spread through volatile markets as precious metals, oil and U.S. stocks declined from levels of a week ago.
Gold prices fell 2.3%, silver lost 3.0%, platinum declined 4.8%, palladium retreated 1.7% and oil dropped 2.3%. Major U.S. stock indexes lost between 2.2 and 2.4% [...]
1895 Morgan Headlines Heritage’s Last 2010 U.S. Coin Auction
Early U.S. coinage and classic proofs, among them one of the finest known 1895 Morgan dollars, are the twin strengths of the Heritage Auction Galleries December 2010 U.S. Coin Auction, to be held in conjunction with the Money Show of the Southwest in Houston, TX. Floor sessions are Dec. 2-3 [...]
Erroneous US Mint Notice Says 2010 Proof Silver Eagles Sold Out
Following the cancellation of last year's proof Silver Eagle coin, the last thing collectors wanted to hear was that this year's 2010 Proof Silver Eagles had sold out. But that is exactly what a selection of U.S. Mint subscription customers were told earlier this week in an e-mail.
A Thursday evening message from the Mint, titled "Erroneous cancellation of backordered and subscription orders," calmed fears [...]
