U.S. Coin Collecting: Numismatic News

Long Lines at June 2010 Long Beach Expo
June 8, 2010 at 11:43 PM

(Long Beach, CA) — The line for the public to enter on opening day of the June 3 – 5, 2010 Long Beach Coin, Stamp & Collectibles Expo stretched about a one block through the huge Long Beach, California Convention Center.

Long Beach Expo Lines
The opening day line stretched through the convention center at the June 3 – 5, 2010 Long Beach Coin, Stamp & Collectibles Expo. (Photo credit: Donn Pearlman)

"The opening morning crowd was even larger than this past February when the 'Ship of Gold" sunken treasure display was the featured exhibit," said Ronald J. Gillio, Expo General Chairman.

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2010 Yellowstone National Park Quarter Bags and Rolls Sales Debut
June 8, 2010 at 5:26 PM

2010 Yellowstone National Park Quarters were ceremoniously introduced last Thursday, June 3. However, two days before the ceremony they were actually released into circulation and the United States Mint began selling quarter bags and rolls.

Yellowstone National Park Quarter Bags and Rolls

The latest U.S. Mint sales report is available and opening numbers show that collectors purchased just over 2.7 million Yellowstone quarters.

The product sales breakout between their release on Tuesday and through to Sunday are:

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2010 Boy Scouts Commemorative Coin Sales at 99.7% Maximum
June 8, 2010 at 3:49 PM

2010 Boy Scouts Centennial Commemorative Coin Commemorative 2010 Boy Scouts of America Centennial Silver Dollars are slowly, but steadily approaching a sell out.

United States Mint coin sales figures released Tuesday evening indicate 348,977 is their latest total, representing 99.7 percent of the maximum authorized mintage.

In terms of numbers, only 1,023 are left for collectors to purchase.

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Gold Tops Old Record, Silver and Platinum Prices Advance
June 8, 2010 at 2:46 PM

Bullion update ... New York gold futures broke new record ground on Tuesday as euro zone financial turmoil and global recession worries raised safe-haven buying.

Gold prices reached just over $1,254 an ounce before paring gains to settle up 0.4 percent.

Other metals climbed as well, with palladium's percent gain the highest at 2.7 percent. Crude oil joined the commodities rally, rising 0.8 percent and posting the first increase in three days.

U.S. stocks closed mixed as technology shares dipped, although much of their earlier losses were erased.

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Gold Hits Record; Silver, Metal Prices Commentary – June 8, 2010
June 8, 2010 at 8:44 AM

Bullion update ... Shock and A & W

Good Morning,

The spectre of lost/altered "A" letters in the credit ratings Scrabble game and the urgings for sharper budget scalpels made an unwelcome appearance in Britain overnight. Newly-installed PM, Mr. Cameron, was told- in no uncertain terms- that the Albion faces "formidable' fiscal challenges on its debt unless faster deficit reduction measures are applied- and soon.

Calling the AAA to keep its AAA rating might be a moot thing for the UK: market guru Dennis Gartman sees one of the three letters changing, no matter what. When, it has not been posited. The World Cup of Debt is in fact, this summer's biggest game in town. Many a town.

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© Jon Nadler, Kitco Metals Inc. for Coin News, 2010. | Permalink | No comment | Want more on these topics? Browse the archive of posts filed under Bullion Articles and Precious Metal Reports, Business News, Commentary.

Fractional American Gold Eagle Bullion Values
June 8, 2010 at 5:51 AM

With 2010 Fractional Gold Eagle Coins due from the United States Mint in two days — Thursday, June 10, it is a good time to review the history and general values associated with last year's versions.

First introduced in 1986 to allow buyers a convenient and cost-effective method of adding gold to their investment portfolios, the U.S. Mint strikes four different sizes of the American Eagle Gold Bullion Coins — the standard one ounce, along with fractional 1/2 ounce, 1/4 ounce and 1/10 ounce sizes.

Last year's fractionals were released on December 3, 2009, which is atypical. They are usually issued much earlier and available for most of the year. But exceedingly high demand for the one ounce coins resulted in delays. Considering these circumstances, slighter mintages could have been expected for the smaller coins.

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