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Earth in Upheaval – Monday Kitcommentary
Gold continued to receive some additional safe-haven oriented bids and climbed $6.80 out of the market's starting gate in New York (the initial quote was $1,426.40 for spot bid prices). Silver added only 3 pennies to Friday's closing values however, to open at $35.93 per ounce.
Unsurprisingly, platinum and palladium suffered some declines in value as news of Japanese auto plant closures continued to unnerve speculators in that niche. Platinum dropped $16 to the $1,761.00 per ounce mark, and palladium fell $8 to the $749.00 level. Rising risk-aversion is also contributing to the possibility of additional selling. There has been a waning of investor interest in [...]
Silver Coin Values Explode to 31-Year Highs
U.S. silver prices on Friday soared to $35.33 an ounce, bringing silver coin values to 31-year highs in the process.
Silver rose nearly 84% last year, but it was down for most of 2011 until Middle East tensions sparked investor buying and lifted silver prices to new heights. The metal is already 14.2% higher this year and has doubled in price over the past 12 months [...]
PCGS Million Dollar Coin Club Now Includes 235 Coins Valued at...
The second annual PCGS Million Dollar Coin Club reference guide has been unveiled by Professional Coin Grading Service.
Originally launched in January 2010 with 210 "charter member" United States rare coins valued by experts at $1 million or more each, the "club" now has grown to include 235 coins with a combined value of over a half billion dollars [...]
Uncirculated 2011 Mint Set Released
The United States Mint today, February 8, released its uncirculated 2011 Mint Set for a price of $31.95.
Its release date was first officially announced in September and is a part of a US Mint plan to issue core annual products earlier in the year.
While many coin collectors will describe the new product simply as the "2011 Mint Set," its official registered name is the [...]
Medallic Art Company Launches New Web Site
The world-famous Medallic Art Company announced today a new web site, www.medallic.com, designed to better display its 100+ years of minting excellence and to provide ready access for customers and art historians to numerous product categories, galleries, and historic slide presentations and custom minting information.
The new www.medallic.com is intuitive, which lets a site visitor navigate with ease, letting visitors examine Medallic Art Company's custom medals, institutional chains and [...]
Malibu Collection Headlines Bowers and Merena’s January Tampa Bay Rarities Sale
Bowers and Merena, one of the world's preeminent auctioneers for rare coins and currency, will conduct the January Rarities Sale as its first event of 2011.
The single-session sale on January 4 at the Grand Hyatt Tampa Bay will offer nearly 1,700 lots of rare and desirable United State and Colonial-era coinage [...]
US Mint October 2010 Coin Production Rises
The latest US Mint circulating coin production figures for October 2010 reveal the agency was busier than in September, snapping a string of three straight monthly declines.
October 2010 levels ranked as the fourth best this year, coming in at 730,220,00 coins minted. However, the level was far below June's peak when the United States Mint produced nearly 920 million coins [...]
Bowers and Merena 2010 Baltimore Auction Features Rare US Coins
Bowers and Merena, one of the world's preeminent auctioneers for rare coins and currency, will conduct the official auction of the November 2010 Whitman Coin & Collectibles Baltimore Expo.
Scheduled for November 4-5 at the Baltimore Convention Center, the sale will present more than 3,500 lots of important United States coins and currency [...]