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| Gold Prices Climb, Silver and Platinum Advance
June 15, 2010 at 3:37 PM
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|  New York gold futures advanced the most in a week on Tuesday, benefiting from a weaker dollar and a touch of haven buying.
Gold rose the least of the precious metals, however, climbing 0.8 percent while silver and platinum both added 0.9 percent and palladium soared 2.8 percent. The metals were not alone in daily gains. Crude oil prices jumped to a one-month high, nearing $77 a barrel, and U.S. stocks rallied with the major indexes ending up between 2.1 percent and 2.8 percent. (...)
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| Heritage June 2010 Long Beach US Coin Auction Tops $9.88 Million
June 15, 2010 at 10:42 AM
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| DALLAS, TX — More than 4,250 bidders lined up to take part in the offerings of Heritage's June 3-6 Long Beach Signature® U.S. Coin Auction, sending a remarkable 1866 $1 Motto PR67 Cameo NGC, CAC to the top of the pile with a $69,000 final price in an auction that saw solid bidding across the board, the continuance of gold as the hottest sector of the market, and a total of more than $9.88 million. All prices include 15% Buyer's Premium. 
This 1866 $1 Motto PR67 Cameo NGC, CAC realized $69,000 at Heritage's June 3-6 Long Beach Signature® U.S. Coin Auction
"Even without the presence of six and seven figure coins we still saw totals approaching the $10 million mark and a more than 95% sell-through rate by lot totals," said Greg Rohan, President of Heritage Auctions. "The enthusiasm in the current numismatic marketplace is there at all levels, and it helped make this a strong overall event." (...)
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| 2010 Boy Scouts Commemorative Coins Reach Sell Out Level
June 15, 2010 at 9:08 AM
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| Taking longer than anticipated based on a blazing start, the United States Mint has registered more 2010 Boy Scouts of America Centennial Proof Silver Dollar sales than the authorized 350,000 mintage. 
2010 Boy Scouts of America Centennial Silver Dollars – Proof and Uncirculated Versions
(Click Image to Enlarge)
Although the commemorative coins have now passed the sell out threshold by 472 according to the latest U.S. Mint figures as of Sunday, June 13, anticipating the normal cancellations and returns, the proof version of the coin is still listed for sale on the Mint's online store, and with no waiting list option. (...)
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© Darrin Lee Unser for Coin News, 2010. | Permalink | No comment | Want more on these topics? Browse the archive of posts filed under Coin or Numismatic News, Mint Sales Figures, United States Mint News and Information.  | | |
| Gold Rises Slightly; Silver, Metal Prices Commentary – June 15, 2010
June 15, 2010 at 6:35 AM
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| Alarmed Belski Good Morning, Gold prices stabilized near the $1220 price per ounce marker following the Greek debt downgrade by Moody's yesterday, however neither it nor the euro appeared to take off in opposite directions with any serious vigor after the announcement. While it is too early to state the currency, bond, and metals markets have now priced in the 'worst-case' Greek scenario, it does appear that they are at least getting used to current conditions and new developments by not treating every single news release with an overreaction. (...)
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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.  | | | |  |
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