Girl Scout Commemorative Coin Act is Law
October 30, 2009 by goldguru · Leave a Comment
President Obama on Thursday signed the Girl Scout Commemorative Coin Act into law, authorizing the Untied States Mint to strike up to 350,000 silver dollar coins to honor the 100th anniversary of the establishment of the Girl Scouts of the United States of America (GSUSA).
The coins will be minted and sold in 2013, marking the [...]
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 [...]
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 [...]
Spectrum Numismatics International, Inc. Names New Senior Numismatist
October 29, 2009 by goldguru · Leave a Comment
IRVINE, Calif. – Spectrum Numismatics International, Inc., one of the world’s largest rare coin and currency dealers, announced today that it has hired Richard Melamed as their Senior Numismatist.
"Richard Melamed is one of the most respected numismatists in the industry. During his 36-year career, Melamed has done everything from running his own coin business to [...]
Heritage Auctions Realizes $8.7 Million in Dallas U.S. Coin Auction
October 29, 2009 by goldguru · Leave a Comment
1879 Flowing Hair stella leads the way with $161,000; strong prices signal optimism in the market
DALLAS, TX — With a sell-through rate of 90% by lot and 88% by dollar value, and almost 3300 bidders, Heritage Auctions’ Oct. 23-24 Dallas Signature® U.S. Coin Auction soared to $8.7 million total. All [...]
US Mint Bullion Gold Buffalo Coins Top 110K
October 29, 2009 by goldguru · Leave a Comment
The United States Mint has sold 110,500 one-ounce American Buffalo $50 Gold Bullion Coins since they were released on Thursday, Oct. 15, 2009.
To place that in perspective, in less than two weeks bullion dealers have purchased 64.2 percent of the total (172,000) that was sold in all of 2008.
There appeared to a touch [...]
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 feeds [...]
PCGS Helps Police Nab Counterfeits Suspect
October 28, 2009 by goldguru · Leave a Comment
(Santa Ana, California) – Information provided to Northern California law enforcement authorities by Professional Coin Grading Service led to the arrest of a suspect who is now under investigation in connection with the sales of fraudulently altered Morgan dollars in tampered PCGS holders for nearly [...]
