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Saturday, July 31, 2010

7/30 Numismatic News





PCGS Expands Submission Levels For Possible Plus (+) Designation
July 30, 2010 at 11:29 PM

Professional Coin Grading ServiceEffective August 1, 2010, Professional Coin Grading Service (PCGS) will begin offering "Plus" (+) designations for all qualified coins submitted in the Regular, Express and Walkthrough service levels.

The enhancements for these services will be offered at no additional charge.

"The introduction of PCGS Secure Plus™ three months ago has dramatically changed the grading landscape," said Don Willis, President of PCGS, a division of Collectors Universe, Inc. (NASDAQ: CLCT).... Read the rest of PCGS Expands Submission Levels For Possible Plus (+) Designation (378 words)

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Ancient Tetradrachm Featured in Heritage Boston ANA Auction
July 30, 2010 at 11:40 AM

A nearly 2,500-year old silver coin of Rhegion, an ancient Greek city located in would become Italy, is expected to bring upwards of $25,000 at the Heritage Signature® Auction of Ancient and World Coins at the ANA World's Fair of Money in Boston, Thursday, Aug. 12, starting at 6 p.m.

Ancient Tetradrachm Coin

The silver tetradrachm – lot number 20007 – a coin about the diameter of a quarter but much thicker and heavier, depicts the stylized head of a lion on the obverse and a profile portrait of Apollo, Greek god of wisdom and enlightenment, on the reverse. It was struck between 415 and 387 BC, a time when the Greek cities of Italy and Sicily were competing with each other and with Carthage in North Africa for control of the western Mediterranean.

... Read the rest of Ancient Tetradrachm Featured in Heritage Boston ANA Auction (442 words)

© 2010 CoinNews Media Group LLC

 

Gold, Silver, Metal Prices Commentary – July 30, 2010
July 30, 2010 at 6:57 AM

Gold, Silver, Metal Prices Commentary - July 28, 2010Good Morning,

Gold prices made modest advances overnight, ahead of the release of the US GDP data this morning as more tentative buyers emerged following the precious metal's largest monthly for of the current year. Almost at the same time, and as a few funds made a fresh foray into the market, physical gold buyers in India backed off and started to once again hold out for lower prices. The country is set to import half of the gold it imported in the month of July last year.

Gold prices opened with a $4 gain this morning, quoted at $1170.50 the ounce as the trade prepared to square books ahead of the weekend and as it digested the results of position roll-overs from the past couple of sessions. There are still vocal bulls around, though just a tad fewer, and they are now happy to indicate that we might yet see $1,300 this very year. Curiously, a lot of the $2K sloganeers have quietly slipped away; perhaps to a summer vacation spot on a remote beach.... Read the rest of Gold, Silver, Metal Prices Commentary – July 30, 2010 (1,010 words)

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1 comment:

ahnn said...

The silver coin is very interesting. It's my fist time to see it. I will be looking for it.

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