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Friday, October 08, 2010

10/8 Numismatic News

   
Gold Prices Fall from Record, Silver Tumbles 2%
October 7, 2010 at 4:01 PM
 
 

Bullion UpdateU.S. gold prices closed toward session lows Thursday, falling from its prior day record as the U.S. dollar rebounded and talks emerged of an overdone rally. Gold dropped $12.70.

Other precious metals declined as well, with silver suffering the biggest percentage decline at 2.0 percent. Platinum and palladium retreated at a more modest 0.4 percent.

U.S. stocks ended mixed for a second day, with the Dow slipping 0.17 percent, the S&P 500 dipping 0.16 percent, and the Nasdaq rising 0.13 percent.(...)
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2010-W Gold Eagle Proof Coins Available
October 7, 2010 at 2:15 PM
 
 

The United States Mint today started selling the four eagerly awaited 2010-W American Gold Eagle Proof Coins. 2010 marks the 24th year of issue for the popular 22-karat gold coins which were introduced in 1986.

2010-W American Gold Eagle Proof Coin

2010-W American Gold Eagle Proof Coin

Deeper anticipation surrounds this year's collector proofs after they were canceled in 2009, stunning collectors. The U.S. Mint is required by law to produce bullion coins in quantities to meet demand. The same is not true for the collector or numismatic eagles.(...)
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© Mike Unser for Coin News, 2010. | Permalink | Coin Collecting News | Post tags: 
 

 
   
   
     
   
US Mint Sales: Bullion Coins Ease, James Buchanan in Spotlight
October 7, 2010 at 10:19 AM
 
 

US Mint Sales Figures ImageUnited States Mint coin sales were mixed, breaking a string of two weeks where demand had climbed across nearly every product the U.S. Mint was selling.

James Buchanan Presidential $1 Coin Covers appear in the sales tables for the first time this week, having just been released Thursday, September 30, 2010. Four-day orders totaled 16,220, which continues a trend of lower opening sales as compared to previous debuting figures for the series:(...)
Read the rest of US Mint Sales: Bullion Coins Ease, James Buchanan in Spotlight (1,294 words)


© Mike Unser for Coin News, 2010. | Permalink | Coin Collecting News | Post tags: 
 

 
   
   
     
   
Gold, Silver, Metal Prices Commentary – October 7, 2010
October 7, 2010 at 8:18 AM
 
 

GoldGood Morning,

For a change,…fresh records were inked into many a book of records, and fresh profits were booked on long gold positions in many a fund book overnight.

The 1,365.70 spot offer figure that gold reached is now within about $20 of the ultimate target that some wave-based analysts have previously targeted for the yellow metal in this phase. A phase, that has now morphed into one where the explanations being provided for the no-longer 'near' but 'fully' vertical ascent in prices have ranged from the logical to the preposterous.(...)
Read the rest of Gold, Silver, Metal Prices Commentary – October 7, 2010 (1,194 words)


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

 
   
   

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