Friday, September 3, 2010

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 [...]

Weekly Market Recap 10/23/09

October 24, 2009 by goldguru · Leave a Comment 

ScotiaMocatta, the precious metals division of the Bank of Nova Scotia, said on Thursday that gold prices could rise to a high of $1,400 an ounce in 2010 as investors turn to the metal as a store of wealth, as reported to Reuters. The unemployment rate has been increasing at an alarming rate, yet the [...]

Girl Scouts Commemorative Coin Bill Set to Become Law

October 21, 2009 by goldguru · Leave a Comment 

Girl Scout Commemorative Silver Dollars are in the works. Legislation to celebrate the Girl Scouts with silver coins passed in the U.S. House of Representatives last Tuesday, and the bill was given a thumbs up in the U.S. Senate on Monday without amendment and by Unanimous Consent. Following a few minor procedural details, the bill [...]

Reward Now $159,250 in New Jersey Coin Theft

October 19, 2009 by goldguru · Leave a Comment 

(Fallbrook, California) — The combined total of the cash reward offered by the Professional Numismatists Guild, PNG member-dealers and others is now $159,250. The money will be given for information leading to the arrest and conviction of the thief or thieves who recently stole rare coins from long-time PNG member-dealer Julian M. Leidman of Silver [...]

Weekly Market Recap 10/16/09

October 17, 2009 by goldguru · Leave a Comment 

Gold hit another record high this week, as the yellow metal moved above $1,070.00 per ounce. “There’s lots of concern about the weakness of the dollar, and this had been driving gold,” said Peter Fertig, owner of Quantitative Commodity Research to the financial website Bloomberg.com. “The fear that central bank exit strategies will come too [...]

Coin Grading and Counterfeit Detection

October 17, 2009 by goldguru · Leave a Comment 

The “Official Guide to Coin Grading and Counterfeit Detection” by PCGS is in its second edition and is considered to be at the foremost expert on identifying and exposing counterfeit coins. Not only are the fundamentals of detecting a counterfeit coin discussed but also how to spot altered and cast counterfeit coins. One of the [...]

Girl Scouts Commemorative Coin Passes House

October 16, 2009 by goldguru · Leave a Comment 

Legislation passed in the U.S. House of Representatives on Tuesday that would authorize the United States Mint to strike up to 350,000 commemorative silver dollars in 2013 to celebrate the 100th anniversary of the founding of the Girl Scouts of the USA. The Girl Scouts USA Centennial Commemorative Coin Act, or H.R. 621, was introduced [...]

US Mint 2009 Lincoln Coin and Chronicles Set Launches at Noon ET

October 15, 2009 by goldguru · Leave a Comment 

An objective of many coin collectors today will be to fight through the expected wait lines to acquire the US Mint’s 2009 Lincoln Coin and Chronicles Set. It launches at noon Eastern Time for the price of $55.95. As the Mint announced in Sept., there is a one order limit per household in affect, with [...]

US Mint Sales: Gold Eagles Top 1M, Proof Presidential Dollars Plunge

October 15, 2009 by goldguru · Leave a Comment 

A month ago our US Mint sales report headline said "Presidential Dollar Sets Pass 600K." Today that picture reverses as the proof dollars withdraw to fall back below the milestone. Several other products fell as well in a week where demand for collector coins trended mostly lower. There were several exceptions, especially for coins of [...]

Braille Education Set Opening Sales Figures

October 14, 2009 by goldguru · Leave a Comment 

The US Mint launched the Braille Education Set on Thursday, Oct. 8, at noon ET, and it has just released opening sales figures through to Sunday. Collectors are not spurring after the offering with any degree of excitement, as is expected with the soon to be released Lincoln Coin and Chronicles Set. A total of [...]

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