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Saturday, October 02, 2010

10/2 Numismatic News

   
2010 Silver Eagle Premiums Raised
October 1, 2010 at 2:48 PM
 
 

2010 American Silver EaglesThe United States Mint has increased the premiums for its bullion American Silver Eagle coins from $1.50 to $2.00.

The U.S. Mint told its authorized purchasers on Thursday, as first reported on sister site SilverCoinsToday.com by Tarek Saab of Trusted Bullion, an Ohio-based precious metals company specializing in gold and silver bullion coins and bars.

The 50 cent increase officially kicked in today, October 1, 2010, and comes at a time when silver prices have been consistently setting new 30-year highs.(...)
Read the rest of 2010 Silver Eagle Premiums Raised (174 words)


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Buchanan Presidential Dollar Coin Cover Available
October 1, 2010 at 10:08 AM
 
 

The United States Mint on Thursday, September 30, 2010, placed the James Buchanan Presidential $1 Coin Cover on sale at a price of $15.95.

James Buchanan Presidential Dollar Coin Cover

The 32,000 limited-edition product is the third of four 2010 releases in the American Presidency $1 Coin Cover Series and the fifteenth since the covers were introduced for the Presidents in 2007. The covers were priced $1 less prior to 2010 and had a higher authorized production of 40,000.(...)
Read the rest of Buchanan Presidential Dollar Coin Cover Available (550 words)


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Heritage Long Beach Auction Realizes $13.4 Million
October 1, 2010 at 8:36 AM
 
 

DALLAS, TX — The recently discovered Bullock specimen of the 1856-O double eagle, XF45+, NGC, was the unabashed star of the Sept. 23-26 Heritage Auctions September Long Beach, CA Signature® U.S. Coin Auction, as it soared to $345,000 amidst spirited bidding.

1856-O Double Eagle Gold Coin

This rare 1856-O double eagle, found in family holdings in Ohio, realized $345,000 at the September Long Beach Auction.

The auction realized an impressive $13.4 million total, with almost 5,000 bidders vying for the 7,385 lots, translating into a 93% sell-through rate by value and 96% by total number of lots.(...)
Read the rest of Heritage Long Beach Auction Realizes $13.4 Million (481 words)


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Gold, Silver, Metal Prices Commentary – October 1, 2010
October 1, 2010 at 7:40 AM
 
 

Gold BarsGood Morning,

With manufacturing activity results on the radar, the precious metals markets' players manufactured yet another morning full of price surges in the complex. Within a speculative feedback loop that still sees any, even remote sign of US economic weakness as the catalyst for a fresh round of Fed 'gimme' dollar sellers invaded the currency market as so many predatory insects overnight.

Such currency market raids, in turn, pushed metals higher, obviating any traces of yesterday's attempt at a correction and making it look in retrospect like just a slight misstep in the march to (question mark).(...)
Read the rest of Gold, Silver, Metal Prices Commentary – October 1, 2010 (1,406 words)


© Jon Nadler for Coin News, 2010. | Permalink | Today's Collecting News | Post tags: 
 

 
   
   

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