Gold coin premiums soar
December 9, 2009 by goldguru · Leave a Comment
By Patrick A. Heller, Numismaster The U.S. Mint put the three fractional sizes of gold American Eagles (half, quarter and tenth ounce) on sale last Thursday and had to suspend further sales the next day as virtually everything was sold out. The U.S. Mint also indefinitely suspended sales of gold Buffaloes last week. The Mint had [...]
2009 American Buffalo Gold Proof Coin Launches with Little Issues
October 30, 2009 by goldguru · Leave a Comment
Today at noon ET the United States Mint began selling the 2009 American Buffalo Gold Proof Coin for $1,360.00, as it announced on Oct. 22. The one-ounce .9999 fine (24 karat) gold coin is expected to draw significant attention. The US Mint handled early demand in improved fashion compared to the collector blitz and resulting [...]
Austrian Mint’s Vienna Philharmonic 20 Ounce Gold Coin celebrates a 20 Year Success Story
October 30, 2009 by goldguru · Leave a Comment
Twenty years ago in 1989 the Austrian State Mint passed from the Treasury into the ownership of the central bank. The mint was given the freedom to produce and sell products in accordance with the demands of the modern numismatic and investment markets. One of the very first innovations introduced by the new CEO, Paul [...]
US Mint Sales: Bullion Robust, Collector Coins Retreat
October 29, 2009 by goldguru · Leave a Comment
US Mint collector coins moved like molasses when compared to sales figures of two weeks ago. But bullion coins — especially gold — still had a little swagger in their step. October will be a robust month for American Eagles and American Buffalos. These and other highlights follow: UHR Double Eagles took a significant hit, [...]
28.8 Cents Prevents US Mint Gold Coin Price Reductions
October 29, 2009 by goldguru · Leave a Comment
The price of gold has been on a five-day price slide, but ironically the timing of the decline was slightly off in helping collectors pay less for US Mint gold collector coins. The US Mint uses a London Fix weekly gold average to determine whether to keep gold coin prices the same, or adjust them [...]
Gold American Eagle Bullion
October 29, 2009 by goldguru · Leave a Comment
Many short-term investors prefer the liquidity of gold American Eagle bullion, since our government backs these modern coins for weight, and precious metal content. These 22-karat coins contain a full Troy ounce of pure gold, and their obverse design is among the most exquisite in existence. The obverse design on gold American Eagle bullion coins [...]
Gold 1879 Flowing Hair Stella coin tops Dallas auction
October 29, 2009 by goldguru · Leave a Comment
A rare 1879 gold coin was the star lot of a recent numismatic auction held by Heritage Auction Galleries in Texas last week. The Dallas Signature US Coin Auction saw a gold Flowing Hair Stella sell for $161,000 (£98,007), reflecting the current high demand for a piece that was made in a limited quantity.The news [...]
Gold coin issued to mark Abu Dhabi Grand Prix
October 29, 2009 by goldguru · Leave a Comment
A commemorative gold coin has been launched by the United Arab Emirates Central Bank to mark this year’s Formula 1 Etihad Airways Abu Dhabi Grand Prix. The coin is 65mm in diameter and weighs 313g. It bears images of the late Zayed bin Sultan Al Nahyan and president Khalifa bin Zayed Al Nahyan on the [...]
Austrian Mint outlines gold coin plans
October 29, 2009 by goldguru · Leave a Comment
The Austrian Mint has confirmed plans to launch two new gold coins in 2010. According to news site Silver Coins Today, next February will see the release of the latest addition to the Celebrated Physicians of Austria gold coin series. The news feeds on this site are independently provided by Adfero Limited © and do [...]
US Gold Eagles 2009
October 28, 2009 by goldguru · Leave a Comment
If you haven’t heard the news already, the U.S. Mint announced earlier this year that they would be curtailing their overall production of US Gold Eagles in 2009 due to problem sourcing gold to mint them from. The Mint is required to source it’s gold from American mines and because of the huge worldwide demand [...]
