U.S. Coin Collecting: 6/22 Numismatic News

Bishop's Wood Hoard of Roman Coins Realize £46,964 in Baldwin Auction
June 21, 2010 at 12:09 PM

Sold as part of Baldwin's auction 64-65 on the 4th-5th May, the Bishop's Wood Hoard of Roman coins was amongst the lots in the Ancient section which opened the second day of the sale.

Bishop's Wood Hoard of Roman Coins Realize £46,964 – Click Image to Enlarge

The 1,661 coins and the restored jar that contained them were sold in 11 lots, including the purpose built cabinet in which they were housed. The lots drew worldwide interest amongst the ancient numismatic community prior to the auction as the expertly cleaned and preserved coins had remained out of circulation and in the family of the landowner since their discovery in 1895.

(...)
Read the rest of Bishop's Wood Hoard of Roman Coins Realize £46,964 in Baldwin Auction (2,320 words)

© Baldwin's for Coin News, 2010. | Permalink | No comment | Want more on these topics? Browse the archive of posts filed under Ancient Coins, Auctions, Coin Shows and Numismatic Events, Coin or Numismatic News, Press Releases and Announcements, World Coins.

US Government Prints 551.68 Million Banknotes in May 2010
June 21, 2010 at 9:50 AM

BEP Production Figures The U.S. government printed more money in May than in April, making it the second highest production month of 2010 behind leading March, according to figures from the agency responsible for manufacturing U.S. currency. The value of the banknotes produced in May, however, was the most of any month this year.

The Bureau of Engraving and Printing (BEP) on Thursday released the latest production numbers for May which show it made $1s, $5s, $20s and $100s — the same denominations that were printed between February and April. $10s and $50s have not been printed since since June 2009.

(...)
Read the rest of US Government Prints 551.68 Million Banknotes in May 2010 (293 words)

© CoinNews.net for Coin News, 2010. | Permalink | No comment | Want more on these topics? Browse the archive of posts filed under Banknotes or Currency Articles, Bureau of Engraving and Printing (BEP), Coin or Numismatic News.

Gold, Silver, Metal Prices Commentary – June 21, 2010
June 21, 2010 at 7:48 AM

Bullion update ... Yuan Me, Kid, We're Gonna Be Flexible

Good Morning,

A new season is here, complete with new attitudes. China's weekend announcement that it would give the yuan greater 'flexibility' quickly became the dominant financial news item and driver of many a market value. Certainly, that was the case if one took a glance at movements in Asian currencies and equities, as well as US Treasuries. Not to mention certain base metals. We just did. Copper prices moved up by their daily 5% limit in Shanghai — the most in a month. Rubber prices gained…traction and rose the most in one week after the yuan announcement.

Crude oil climbed to a six-week high above $78 pbbl in the wake of the news. There is, of course, another side to the Chinese coin at this juncture. Namely, that if investors continue to view the yuan's 'flexibility' move through the prism of economic recovery, then the safe-haven theme that gold has hitherto enjoyed may take a back seat to risk appetite (for other commodities and assets). To be continued…as they say.

(...)
Read the rest of Gold, Silver, Metal Prices Commentary – June 21, 2010 (892 words)