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Friday, August 06, 2010

8/5 Numismatic News

 

 

Gold Marks 7th Day of Gains, Silver Advances

August 5, 2010 at 3:51 PM

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gold Prices Fall to 3-Week Low, Silver Plummets 3.2%U.S. gold prices rose for a seventh straight day on Thursday, but only modestly with a $3.40 increase. The string of wins marks the longest rally this year for gold, with its latest gain brought on, opined analysts, by a weaker dollar.

Metals were mixed as a group. Silver rose 0.2 percent, platinum fell 0.9 percent, and palladium declined 0.8 percent.

A bigger than expected increase in initial jobless claims coupled with disappointing retail sales numbers were among the cited reasons for falling crude oil and slightly sliding U.S. stocks.
... Read the rest of Gold Marks 7th Day of Gains, Silver Advances (554 words)

© 2010 CoinNews Media Group LLC

 

 

 

 

 

 

 

 

 

 

 

 

 

2010 Boy Scouts Silver Dollars Sold Out

August 5, 2010 at 1:32 PM

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The United States Mint finally placed the proof 2010 Boy Scouts of America Centennial Silver Dollar on official "Sold Out" status — weeks (if not months) after many had anticipated the event would occur.

2010 Boy Scouts of America Centennial Silver Dollars
2010 Boy Scouts Silver Dollars – Proof and Uncirculated Versions
(Click Image to Enlarge)

This closes the final chapter on what has been an interesting roller-coaster for the commemorative coins that celebrate the 100th anniversary of the founding of the Boy Scouts of America.... Read the rest of 2010 Boy Scouts Silver Dollars Sold Out (464 words)

© 2010 CoinNews Media Group LLC

 

 

 

 

 

 

 

 

 

 

 

 

 

US Mint Sales: Sets Remain Most Active, Bullion Gold Eagles Wane

August 5, 2010 at 9:25 AM

 

 

 

 

 

 

 

 

 

 

 

 

 

 

US Mint Sales Figures ImageUnited States Mint weekly bullion coin sales slowed as gold and silver prices fell.

And numismatic products dropped in pace without the allure of newly released annual sets pulling collectors into the store — as happened in the prior two weeks when the uncirculated 2010 Mint Set and then the 2010 Proof Set launched.

The two sets remain sales leaders, although weekly increases are falling quickly. The 2010 Mint Uncirculated Set went from its 247,085 debut to 46,321 and then 22,778. The 2010 Proof Set opened at 296,379, with the next seven days adding 54,637.... Read the rest of US Mint Sales: Sets Remain Most Active, Bullion Gold Eagles Wane (1,075 words)

© 2010 CoinNews Media Group LLC

 

 

 

 

 

 

 

 

 

 

 

 

 

Gold, Silver, Metal Prices Commentary – August 5, 2010

August 5, 2010 at 9:17 AM

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gold, Silver, Metal Prices Commentary - July 28, 2010Precious metals prices were mixed during late Thursday morning trading, with gold and silver in the plus column and the other metals marking negative territory.

Specifically, U.S. gold for December delivery was a touch higher — a small touch — at $1,196.20 an ounce for a 30 cent gain as of 12:06 PM Eastern Time.

Silver was $18.340 an ounce, rising 6.2 cents. In PGM metals, platinum was down $15.10 to $1571.10 an ounce while palladium was minus $5.40 to $494.75 an ounce.

Following immediately is the daily metals commentary, compliments of Jon Nadler, senior analyst at Kitco Metals, Inc.:... Read the rest of Gold, Silver, Metal Prices Commentary – August 5, 2010 (1,411 words)

© 2010 CoinNews Media Group LLC

 

 

 

 

 

 

 

 

 

 

 

 

 

US Mint July 2010 Coin Production: Buchanan Dollars Scarcest

August 5, 2010 at 4:52 AM

 

 

 

 

 

 

 

 

 

 

 

 

 

 

James Buchanan Presidential DollarBreaking a string of four consecutive monthly gains, the coin production pace in July retreated 15.98 percent from June according to newly published United States Mint mintage figures.

Coin levels fell across the board, with the exception of Roosevelt dimes which shot 33.5 million higher than the increase in June. Three major coin production events occurred in July:... Read the rest of US Mint July 2010 Coin Production: Buchanan Dollars Scarcest (510 words)

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