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 [...]

Spectrum Numismatics International, Inc. Names New Senior Numismatist

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 [...]

Gold Continues Decline for Day Five, Stocks Tumble

Gold ended slightly lower Wednesday, marking the fifth consecutive day the yellow metal has declined. Again cited as the catalyst for the loses was a rallying US dollar. Silver and platinum also fell, as did crude oil which plunged 2.6 percent. US stocks followed along, with the three major indexes tumbling between 1.2 percent and [...]

Heritage Auctions Realizes $8.7 Million in Dallas U.S. Coin Auction

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 prices include a 15% [...]

US Mint Bullion Gold Buffalo Coins Top 110K

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 Drops for Fourth Day, Silver Plunges, Stocks Mixed

New York gold futures ended lower Tuesday for the fourth straight day as the US dollar advanced on news of a decline in consumer confidence. Silver was hit exceptionally hard for the second straight day, falling more than 3 percent. Platinum declined as well. In other markets, crude oil finished 1 percent higher and US [...]

Gold American Eagle Bullion

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 [...]

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 [...]

Gold 1879 Flowing Hair Stella coin tops Dallas auction

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 [...]

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