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Wednesday, July 28, 2010

7/27 Coin News






Gold Prices Fall to 3-Week Low, Silver Plummets 3.2%
July 27, 2010 at 3:16 PM

Gold Prices Fall to 3-Week Low, Silver Plummets 3.2%U.S. gold prices plunged $25.10 on Tuesday, hitting a three-week low and falling under $1,160 an ounce to its lowest closing level since late April.

Other metals tracked gold, with silver sliding the most at 3.2 percent. Platinum lost 1.2 percent while palladium dipped 1.8 percent.

Weaker-than-expected U.S. consumer confidence data was cited for pulling down crude prices and deflating U.S. stocks. Oil fell 1.9 percent while the major indexes ended mixed, ranging between -0.40 percent and 0.15 percent.... Read the rest of Gold Prices Fall to 3-Week Low, Silver Plummets 3.2% (575 words)

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Gold Prices Fall to 3-Month Low, Silver Plummets 3.2%
July 27, 2010 at 3:16 PM

Gold Prices Fall to 3-Week Low, Silver Plummets 3.2%U.S. gold prices plunged $25.10 on Tuesday, hitting a three-month low and falling under $1,160 an ounce to its lowest closing level since late April.

Other metals tracked gold, with silver sliding the most at 3.2 percent. Platinum lost 1.2 percent while palladium dipped 1.8 percent.

Weaker-than-expected U.S. consumer confidence data was cited for pulling down crude prices and deflating U.S. stocks. Oil fell 1.9 percent while the major indexes ended mixed, ranging between -0.40 percent and 0.15 percent.... Read the rest of Gold Prices Fall to 3-Month Low, Silver Plummets 3.2% (575 words)

© 2010 CoinNews Media Group LLC

 

2010 Yosemite Quarter Bags and Rolls Released
July 27, 2010 at 12:12 PM

Yosemite National Park Quarter Bags and RollsThe United States Mint on Monday started selling bags and rolls of the third coin in the new America the Beautiful Quarters™ series, the 2010 Yosemite National Park Quarter. The new 25-cent pieces were also released into circulation on the same day.

Their ceremonial launch will occur Thursday at 11:00 a.m. Pacific Time at the park's Valley Visitor's Center, located in Yosemite Village Loop, Yosemite, California.

The U.S. Mint Yosemite park quarter products on sale include two-roll sets and 100-coin bags.... Read the rest of 2010 Yosemite Quarter Bags and Rolls Released (260 words)

© 2010 CoinNews Media Group LLC

 

Heritage to Offer 2,800+ Currency Lots at Boston ANA World's Fair of Money
July 27, 2010 at 7:49 AM

DALLAS, TX — The Official Currency Auction of the 2010 ANA World's Fair of Money in Boston, MA will be conducted by Heritage Auctions Aug. 11-16. The auction includes three floor sessions and one online session.

1922 $500 Gold Certificate Banknote

A stunning Fr. 1217 $500 1922 Gold Certificate PMG About Uncirculated 55 EPQ is among the featured items. The spectacular note earned Exceptional Paper Quality and Great Margins & Color comments from the grading service and is one of the finest known examples.

Lot viewing will be conducted at the Hynes Convention Center, Room 210, 900 Boylston St., Boston, MA 02115 and the floor sessions will be held at the Hynes Convention Center, Room 203, 900 Boylston St., Boston, MA 02115.

In addition to lot viewing in Boston, a preliminary lot viewing will take place at Heritage Galleries Beverly Hills, 9478 W. Olympic Blvd., Suite #100, Beverly Hills, CA 90212 on Friday, July 30, 2010 and Saturday, July 31, 2010.... Read the rest of Heritage to Offer 2,800+ Currency Lots at Boston ANA World's Fair of Money (1,378 words)

© 2010 CoinNews Media Group LLC

 

Gold, Silver, Metal Prices Commentary – July 27, 2010
July 27, 2010 at 7:11 AM

Gold, Silver, Metal Prices Commentary - July 27, 2010Good Morning,

Overnight trading saw gold confined to a roughly seven dollar price range as very little in the way of external news filtered into the market to give players motivation for more active participation. The US dollar remained steady near 82 on the trade-weighted index while the euro touched the $1.30 level and held slightly above it into the early part of the morning. Some analysts remain skeptical of the common currency's current strength and envision it giving some of it up later in the year as debt worries return.

The European bank stress story that occupied most of last week's headlines has now largely been shelved and has been replaced by the stories anticipating the US GDP figures set to arrive on Friday. Yesterday's better-than-expected US new home sales data amounted to a small but visible sigh of relief among those who make their plays based on risk appetite signals versus the opposite sentiment.... Read the rest of Gold, Silver, Metal Prices Commentary – July 27, 2010 (1,319 words)

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