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Thursday, August 05, 2010

8/3 Numismatic News

   
Renowned Large Cents in Exhibit at Boston ANA World's Fair of Money
August 3, 2010 at 11:01 PM
 
   
   
   
 
   
   
   

The number one-ranked collection of United States large cents in both the PGCS and NGC Set Registry listings will be publicly displayed for the first time in Boston, August 10 – 13, 2010, at the American Numismatic Association World's Fair of Money.

1793 Chain Cent

This 1793 Chain Cent (S-2), graded PCGS MS65BN, is one of the highlights of the multi-million dollar Cardinal Collection Educational Foundation large cents collection that will be displayed August 10 - 13, 2010 by Bowers and Merena Auctions and Collateral Finance Corporation at the ANA World's Fair of Money in Boston. (Photo by PCGS)

The historic coins from the Cardinal Collection Educational Foundation include some of the finest known examples of large cents struck from 1793 to 1857.... Read the rest of Renowned Large Cents in Exhibit at Boston ANA World's Fair of Money (460 words)

© 2010 CoinNews Media Group LLC

 
   
         
     
   
Gold Rises Slightly, Silver Ends Mostly Unchanged
August 3, 2010 at 3:34 PM
 
   
   
   
 
   
   
   

Gold Prices Fall to 3-Week Low, Silver Plummets 3.2%U.S. gold prices edged $2.10 higher on Tuesday, marking a fifth straight day of gains and the longest rally since April 7. Cited reasons included improved physical demand, a weaker dollar and news that China plans to make it easier to trade the yellow metal.

Silver remained little changed while platinum declined 0.9 percent and palladium tumbled 1.8 percent.

In other markets, crude oil jumped to a 3-month high and above $82 a barrel while U.S. stocks retreated with the major indexes dropping between 0.3 and 0.6 percent.... Read the rest of Gold Rises Slightly, Silver Ends Mostly Unchanged (567 words)

© 2010 CoinNews Media Group LLC

 
   
         
     
   
July 2010 US Mint Silver Eagle Sales: Top 10 Month, Best July Ever
August 3, 2010 at 12:50 PM
 
   
   
   
 
   
   
   

2010 American Silver EaglesAmerican Silver Eagle bullion coins turned in slightly lower numbers for July 2010 than the month before, according to the most recent figures released by the United States Mint.

While this may come as welcome news to collectors who have been hoping for a decline in the numbers to make way for proof versions, any celebration would be premature. True, sales of the strikes showed a drop of 20,000 units, but put in perspective, the decline is negligible.... Read the rest of July 2010 US Mint Silver Eagle Sales: Top 10 Month, Best July Ever (372 words)

© 2010 CoinNews Media Group LLC

 
   
         
     
   
Gold, Silver, Metal Prices Commentary – August 3, 2010
August 3, 2010 at 7:28 AM
 
   
   
   
 
   
   
   

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

A Wall Street Journal story alluding to the possibility that the Fed might be considering the purchase of fresh batches of assets in lieu of allowing its portfolio to shrink naturally lit quite a few speculative bonfires in various, hitherto angst-ridden, carry-trader camps.

While such a move might first of all depend on more weak US economic data actually reaching the news wires, and while such a move amounts to a very small 'policy' shift at the end of the day, none of that matters to the cheap dollar junkies out there. Nevertheless, such speculation contributed to the US dollar's breach of technical support and its dip to under its 200-day moving average (@ 80.72 on the index) earlier this morning.... Read the rest of Gold, Silver, Metal Prices Commentary – August 3, 2010 (1,214 words)

© 2010 CoinNews Media Group LLC

 
   
         
     
   
2010 Proof Platinum Eagles Available August 12
August 3, 2010 at 6:06 AM
 
   
   
   
 
   
   
   

While an official announcement is yet to be made, the 2010 Proof Platinum American Eagle will be released August 12, 2010, at noon Eastern Time, according to a newly published United States Mint product page.

2010 Proof Platinum American Eagle

2010 Proof Platinum American Eagle Coin

The one ounce, 99.95 percent pure platinum coin is the second of six issues in a series celebrating the principles of American democracy as found in the Preamble to the United States Constitution.... Read the rest of 2010 Proof Platinum Eagles Available August 12 (396 words)

© 2010 CoinNews Media Group LLC

 
   

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