Coin News | Geldmuseum, museum over geld en geldcultuur in Utrecht

BEP to Raise Uncut Currency Sheet Prices

vr, 22/07/2011 - 01:55

The Bureau of Engraving and Printing (BEP) announced that on August 22, 2011 it will raise the prices for several Uncut Currency Sheets. These BEP products include crisp, uncirculated notes from designated Federal Reserve Banks.

For years the BEP has been offering them in values of $1, $2, $5, $10, $20 and $50. On Wednesday, the bureau provided updated pricing for the three smallest notes in the four to thirty-two subject sizes. [...]
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Categorieën: Numismatiek

Gold and Silver Decline for Third Day, Palladium and Platinum Rise

do, 21/07/2011 - 22:39

U.S. gold futures fell for a third straight day Thursday as the possibility of debt deals in the U.S. and Greece tarnished safe-haven demand, opined analysts.

August gold prices declined $9.90, or 0.6 percent, to $1,587.00 an ounce on the Comex in New York. Prices ranged between $1,585.50 and $1,605.00. [...]
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Categorieën: Numismatiek

US Mint Sales: 72 Products Outperform, Gold Coins Dominate

do, 21/07/2011 - 19:03

The United States Mint enjoyed several days of robust sales. 72 of its collector products outperformed their previous weekly gains, according to the latest US Mint sales figures.

Gold prices registered a series of four straight daily records last week, and that apparently directed buyers’ attention toward US Mint gold coins. Of the bureau’s 16 collector coins that are composed of the yellow metal, each and every one of them shined brighter than the previous week. [...]
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Categorieën: Numismatiek

In The Lead – Gang Warfare

do, 21/07/2011 - 18:42

http://www.kitco.com/

In Brussels this morning, the "Gang of Two" (Angela Merkel and Nicolas Sarkozy) were expected to outline their joint position on how to address the Greek debt situation.

In Washington this morning the "Gang of Six" proposal was still lacking detail on certain aspects of health care spending but these were expected to be made available soon. Greek PM Papandreou said that EU ministers are facing a "make-it-break" moment for where Europe and the Union might be headed next. [...]
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Categorieën: Numismatiek

PNG Announces New Board Members for 2011-2013 Term

wo, 20/07/2011 - 23:53

Results of the election have been announced for the new Board of Directors of the Professional Numismatists Guild (www.PNGdealers.com). [...]
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Categorieën: Numismatiek

Gold Retreats Below $1,600; Silver Prices Drop Under $40

wo, 20/07/2011 - 22:43

U.S. gold futures on Wednesday closed slightly lower and below the psychological $1,600 an ounce level. Profit-taking and optimism towards U.S. debt talks were again cited catalysts for the second straight day of losses.

August gold prices declined $4.20, or 0.3 percent, to settle at $1,596.90 an ounce on the Comex in New York. Gold finished closer to its intraday high, which was $1,600.80, than its low at $1,581.10 an ounce. [...]
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Yosemite Silver Coin on Final Waiting List, Latest Five Ounce Sales

wo, 20/07/2011 - 18:56

Yosemite National Park Five Ounce Silver Uncirculated Coins are back with a waiting list notice, the United States Mint online catalog page for the coin reveals again. The collector .999 fine silver coin was placed there once before, but in error.

The Mint’s waiting list indicates the bureau has received the maximum 27,000 orders for the coin, and that new orders may still be placed. Those, however, will not be processed unless an old one is canceled. The method permits the Mint to sell as many of the coins as possible without confusing customers by having to stop and start their availability based on cancellations.

"In an effort to provide as many customers as possible with the opportunity to purchase these products, the United States Mint will retain a limited quantity of orders above the maximum product limit. In the event products become available because of cancellations, we will fulfill orders from the waitlist on a first-in, first-served basis. These cancellations sometimes occur from payment problems," the Mint describes.

Latest Five Ounce Coin Sales

The latest United States Mint sales figures had indicated that 260 Yosemite National Park Five Ounce Silver Uncirculated Coins remained as of Sunday.

Also available from the Mint in the five ounce size is the Grand Canyon National Park Five Ounce Silver Uncirculated Coin. The Mint began selling it on June 29 for $279.95. Limited to a mintage of 27,000, like the other coins in the series, its latest sales are at 22,026, leaving 4,974 remaining.

The United States Mint will begin sales of the final 2010-dated America the Beautiful Five Ounce Silver Uncirculated coin on July 28. It honors Mount Hood National Forest located in the state of Oregon. Collectors can then begin looking for the five 2011-dated coins which are expected out in staggered releases through the rest of the year.

US Mint Raises Product Prices

In other US Mint news on Wednesday, the bureau as expected raised prices on its collector platinum and gold coins. The increases follow sharply higher prices in precious metals. The affected products and new sales prices follow:

US Mint Product New Price Change Proof American Platinum Eagle $2,092.00 +$100.00 Uncirculated First Spouse Coins $941.00 +$25.00 Proof First Spouse Coins $954.00 +$25.00 American Gold Buffalo $1,860.00 +$50.00 1 oz Uncirculated Gold Eagle $1,828.00 +$50.00 1 oz Proof Gold Eagle $1,835.00 +$50.00 1/2 oz Proof Gold Eagle $931.00 +$25.00 1/4 oz Proof Gold Eagle $478.00 +$12.50 1/10 oz Proof Gold Eagle $205.50 +$5.00 Proof Gold Eagle 4-Coin Set $3,400.50 +$92.50

To join the Yosemite silver coin waiting list or place an order for any of the products shown above, visit the United States Mint website at http://catalog.usmint.gov/.

In The Lead – Till Debt Do US Part

wo, 20/07/2011 - 18:33

http://www.kitco.com/

Most members of the precious metals team started the midweek session a tad higher this morning; however their initial gains did not endure and the complex soon slipped into the red (except in the case of palladium, as of this writing).

Spot gold opened with a feeble gain of 70 cents per ounce and was quoted at $1,589.50 in New York. Within the first 20 minutes of trading the yellow metal approached its overnight lows near the $1,582.00 mark however. [...]
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Categorieën: Numismatiek

Rare 1792 Fusible Alloy Cent Offered in Heritage’s U.S. Coin & Platinum Night Auction

wo, 20/07/2011 - 07:09

An important 1792 Fusible Alloy Cent, Judd-2, Pollock-2, Low R.7, Fine 15 NGC, CAC, one of the great rarities of early American numismatics will cross the auction block on Aug. 11 as part of Heritage Auctions Chicago Signature® U.S. Coin & Platinum Night Auction.

This 1792 Fusible Alloy Cent is one of many rarities to be offered in Heritage’s Chicago Signature U.S. Coin & Platinum Night Auction on August 11.

[...]
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Categorieën: Numismatiek

Grand Canyon 5 Oz Silver Coin Variety Recognized by NGC

wo, 20/07/2011 - 02:04

2010-P Grand Canyon 5 Oz Silver Coin, Light Finish Variety - Click to Enlarge

The first variety in the America the Beautiful five ounce silver coin series has been discovered and will now be recognized by NGC. The variety, designated "Light Finish" by NGC, is so far seen only on the 2010-P Grand Canyon Specimen issues.

The U.S. Mint strikes two types of five ounce silver America the Beautiful coins: the bullion version and the collector version. The collector version is vapor-blasted to create a matte finish, a stark contrast to the brilliant surfaces of the bullion issues.

Two distinct surface finishes of the 2010-P Grand Canyon Specimens have been observed: coins with the regular coarse matte finish and coins that have a slightly reflective satin finish. The latter type, designated "Light Finish" by NGC, is distinct from both the bullion version and the standard collector version. This hybrid type is easily identified — it has the same "P" mintmark as the other Specimen issues, but its surfaces are not granular and are more lustrous. The Light Finish coins are also dissimilar from the fully brilliant surfaces of the bullion issue. [...]
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Categorieën: Numismatiek

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