Gold Coins Facing IRS Scrutiny?

Kurt Brouwer submits: This could get ugly. An amendment that did not get much notice in the health care legislation will bring government scrutiny to gold and silver coin dealers and all those who sell coins and bullion. From this report from ABC News, we find out the recent health care legislation had a rather [...]

Rust discovered on Bank of Russia-issued ‘gold’ coins

11:50p ET Friday, July 16, 2010 Dear Friend of GATA and Gold: Zero Hedge reports tonight about Bank of Russia-issued gold coins that have been found rusting, which gold doesn’t do. Zero Hedge concludes: “The Central Bank of Russia has been one of the biggest purchasers of gold in 2010, having bought gold every single [...]

British investors scramble for gold coins to beat tax increase

By Javier Blas and Vanessa Houlder Financial Times, London Friday, May 28, 2010 http://www.ft.com/cms/s/0/74825c32-6a93-11df-b282-00144feab49a.html British investors are scrambling to buy sovereigns and Britannia gold coins in an attempt to use a tax loophole to avoid paying more capital gains tax. Mark O’Byrne, of Gold Core, a London-based gold coins and small bars dealer, said it [...]

Dubai Proposes Gold Coins As Legal Tender In The UAE

By Peter Cooper, GoldSeek The Dubai Multi Commodities Centre has proposed that the UAE Central Bank issue gold coins that will be legal currency for the first time in the modern history of the Middle East. In September 2007 the DMCC minted the first ever UAE commemorative gold coin featuring the Ruler of Dubai Sheikh Mohammed [...]

Austrian Mint’s Vienna Philharmonic 20 Ounce Gold Coin celebrates a 20 Year Success Story

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

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

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 [...]

Austrian Mint outlines gold coin plans

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

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 [...]

Maple Leaf Gold Bullion

The pride of Canadian coinage is the Maple Leaf gold bullion coin. The Royal Canadian Mint (RCM) proudly produces these strikingly beautiful, one-ounce 24-Karat gold coins, and the Ottawa-based refinery and mint was the first in the world to offer 24-Karat bullion to the world in 1979. It wasn’t until 1982 however, that these modern [...]

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