Coin Collecting News
Yellowstone National Park is the second site to be honored in the America the Beautiful Quarters series, but the first to be given the designation of “National Park”. The area was occupied by indigenous peoples for over 11,000 years, but was not explored in an organized manner until the late 1860′s. The park features geysers, [...]
Last week it seemed that the United States Mint should have reduced the prices for available numismatic gold coins based on a reading of their pricing policy. A notification published in the Federal Register documented a specific procedure by which the average of London Fix prices for a specified period would drive pricing changes. Applying [...]
On May 27, 2010, the United States Mint began sales of the 2010 America the Beautiful Quarters Silver Proof Set. This set includes proof versions of the first five coins in the new series featuring National Parks and sites of America. The coins are struck in a composition of 90 percent silver. Each set contains [...]
The May 25th, 2010 meeting of the Citizens Coin Advisory Committee was held at the U.S. Mint’s headquarters in Washington, D.C., where committee members discussed the designs for the 2011 United States Army Commemorative Coins. The program will include a $5 gold coin, silver dollar, and clad half dollar issued during 2011. The United States [...]
On January 12, 2009, the United States Mint adopted a pricing policy which allows them to adjust prices for their numismatic gold and platinum products as often as weekly in response to changes in precious metals prices. Today, the US Mint broke with their policy and failed to reduce prices for available gold coins. Prior [...]
Preliminary production figures for the Hot Springs National Park Quarter suggest that there will be far fewer coins from America the Beautiful Quarters Program reaching circulation than the prior 50 State Quarters Program. Production figures for the Hot Springs Quarter, the first release of a fifty six coin series featuring National Parks and sites, indicate [...]
The fear running through the Greek populace is that the nation’s government may default on some of its debts. Since 1965, the Greek government has imposed restrictions on trading British Sovereign gold coins (gold content .2354 oz). Despite those restrictions, the Bank of Greece reports that it is selling an average of more than 700 [...]
The above title–”NGC ‘Plus’ Earns a ‘Star’ Over Insecure PCGS Plus”–pains me to write, as I am a member of PCGS’s Collector Club and for many years preferred its grading to NGC in the latter’s “body bag” days when every fourth submitted coin seemed to earn that defeatist designation. Then PCGS came out with its [...]
The latest weekly report of the United States Mint’s numismatic product sales includes the debut numbers for the latest roll offering of the Presidential Dollar series and follow up numbers for the recently released America the Beautiful Quarters Proof Set. Other highlights include updates for First Spouse Gold Coins and the 2010 Commemorative Coin Programs. [...]
Gold and Silver Price Manipulation Efforts Failed This Week
Again I remind you that the price of gold is actually a report card on the value of the US dollar, and the American government and economy. A rising gold price indicates growing mistrust in the safety and stability of the dollar, falling confidence in the competence of the US government, and heightened fears about [...]