7/12 Numismatic News

US Marshals Anniversary Commemorative Coin Act Reintroduced July 12, 2010 at 11:07 AM Commemorative coin legislation was reintroduced in the House of Representatives on July 1, 2010, that would honor the 225th anniversary of the founding of the US Marshals Service with a one ounce high-relief $5 gold coin and a standard sized silver dollar. The U.S. Marshals Service was the first law enforcement agency in America. President George Washington appointed the first 13 U.S. Marshals on Sept. 24, 1789, which was two days after he signed the Judiciary Act of 1789 into law. Since then, US Marshals have served the Nation in varying capacities with distinction and honor. The United States Marshals Service 225th Anniversary Commemorative Coin Act, H.R. 5680, was again brought forward by Rep. John Boozman of Arkansas, who introduced nearly identical legislation on June 10, 2009 that was numbered H.R. 2799. (...) Read the rest of US Marshals Anniversary Commemorative Coin Act Reintroduced (508 words) © CoinNews.net for Coin News, 2010. | Permalink | No comment | Want more on these topics? Browse the archive of posts filed under Coin or Numismatic News, Proposed or Recent Coinage Legislation.   Gold, Silver, Metal Prices Commentary – July 12, 2010 July 12, 2010 at 7:53 AM Oh, Scrap – Part II Good Morning, Gold prices fell back towards the psychologically important $1200 mark as the new trading week got underway, with little in the way of bullish news coming the way of precious metals buyers. Although the euro weakened a tad and dropped under the 1.26 level against the US dollar, the strength exhibited by the latter undermined the progress to the upside that gold attempted to undertake last Friday. Moreover, the continued unwinding of speculative long positions geared to benefit from a possible mushroom cloud in the European debt crisis appeared to be the true and prime catalysts behind the yellow metal's decline overnight and this morning. In effect, the speculative gold position book is back to the status quo it was seen in, prior to the aggravation of the sovereign debt problem whose fuse was ignited by headlines out of Greece. (...) Read the rest of Gold, Silver, Metal Prices Commentary – July 12, 2010 (802 words) © 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.