2010 £1 London Coins Begin New UK Cities Series

March 11, 2010 by admin  
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The Royal Mint has released its new limited edition £1 London coin in gold and silver, which is part of the new series of four £1 coins representing the UK’s capital cities.

2010 £1 London Gold and Silver Coins
2010 £1 London Gold and Silver Coins Begin New UK Cities Series (Click to Enlarge)

The series has been designed with a contemporary twist by the famous international coin designer Stuart Devlin, Goldsmith and Jeweller to the Queen. In spite of having designed coins for many countries throughout the world, this is the first time he has designed for the UK.

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America the Beautiful Quarters Product Prices Announced

March 11, 2010 by admin  
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America the Beautiful QuarterFollowing last week’s article series by CoinNews that reviewed each of the major United States Mint products that include America the Beautiful Quarters, the U.S. Mint has stepped forth and answered a key unknown question for each.

The Mint has announced prices for the 2010 United States Mint America the Beautiful Quarters Proof Set; 2010 United States Mint America the Beautiful Quarters Silver Proof Set; 2010 United States Mint Uncirculated Coin Set; 2010 United States Mint Proof Set; and 2010 United States Mint Silver Proof Set.

A summary of each of the products and their prices follow:

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Gold, Silver, Metal Prices Commentary – 3/10/2010

March 11, 2010 by admin  
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Bullion update ... A Sentiment(al) Journey

Gold held steady overnight and its trading range has thus far been confined to only about $10 –between $1120 and $1130. Then again, steadiness was the operative word in the US dollar as well, and the euro did not show too much further movement after falling to a fresh one-month low of under 1.461 against the Swiss franc. The latter had gained against the common currency as speculators manifested a large pile-in into the currency until the SNB fired off a shot across the gamblers’ bow by reportedly stepping into the market and intervening. Take zat!

No further developments were reported on the Greek odyssey front, following a largely symbolic show of support by US President Obama during his tete-a-tete with Greek PM Papandreou. There really isn’t much the US can do for Greece at this moment, but nods of approval for the country’s efforts are always a nice thing to offer…Meanwhile, the EC is still at work sorting out the details of a putative European Monetary Fund (EMF?) designed to help Greece and Portugal through their respective credit travails. For its part, Portugal has now also offered a deficit-reduction plan intended to boost (fast-slipping) investor confidence levels.

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Pan-Pac Commemoratives Highlight Heritage National Money Show in Fort Worth

March 11, 2010 by admin  
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Early copper, large and small cents, Indian quarter eagles all highlight wide array of deep collections, March 25-28

DALLAS, TX – World class collections are the name of the game at Heritage Auction Galleries March 25-28 Signature® ANA U.S. Coin Auction, part of the week-long happenings at the ANA National Money Show in Fort Worth, just down the highway a spell from Heritage headquarters in Dallas.

Heritage ANA National Money Show Coin Auction Eamples

Highlights include commemorative gold, cents large and small, and quarter eagles.

 

"As always, it’s an honor to present the official auction," said Greg Rohan, President of Heritage Auction Galleries. "Our track record of successful events speaks for itself and is a sign of trust from both the ANA and our consignors. This auction will add to that legacy."

 

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Gold Slips Toward $1100/oz, Silver Retreats to $17/oz

March 11, 2010 by admin  
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Bullion update ...New York gold approached $1,130 an ounce earlier on Wednesday only to fall 1.3 percent and finish toward $1,100 an ounce by day’s close. Various factors for the decline were cited, including apprehension over forthcoming economic reports from China and futures liquidation with more than 1 million ounces of the yellow metal sold.

In other metals and markets, silver and platinum retreated 1.8 percent and 0.4 percent, respectively. Crude oil, which gold often follows, rose to above $82 a barrel and an eight-week high following unexpected data from the Energy Information Administration. US stocks climbed modestly for a second straight day.

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Royal Canadian Mint to Change Coin Compositions

March 11, 2010 by admin  
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Canadian $1 and $2 CoinsOttawa, OntarioAs part of the Government of Canada’s budget announcement to modernize Canada’s currency , the Royal Canadian Mint will change the composition of one-dollar and two-dollar coins, using the Corporation’s cost-effective patented multi-ply plated steel technology.

The current composition for the one-dollar coin is bronze plated nickel, while the current composition for the two-dollar coin is, for the inner core, aluminum bronze (copper, aluminum and nickel), and for the outer ring, pure nickel. The primary new composition of both coins, to be launched at the beginning of 2011, will be multi-ply plated steel.

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Gold Ends Mildly Lower, Silver Advances Slightly

March 11, 2010 by admin  
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Bullion update ...New York bullion futures were mixed on Tuesday, with gold and platinum closing mildly lower while silver ended slightly higher. Gold reached its lowest price since Feb. 26 as the US dollar strengthened against the euro. Pundits also linked gold weakness to comments from China’s top foreign exchange manager signaling that the yellow metal would not likely be a main reserve investment.

In other markets, crude oil edged down for the first time in three days while US stock marked modest gains — although enough for the Nasdaq to finish at a new 18-month high.

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Lord Wedgwood Unveils Coin Depicting Ancestor’s Sydney Cove Medallion

March 11, 2010 by admin  
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A limited collector coin replicating the design of the historical Sydney Cove Medallion has been unveiled at the Museum of Sydney by Lord Wedgwood of Barlaston, the seventh generation descendant of Josiah Wedgwood, whose company created the original Medallion in 1789.

Sydney Cove Medallion High Relief Silver Proof Coin
Sydney Cove Medallion High Relief Silver Proof Coin – Click to Enlarge

Struck by The Perth Mint from 1oz of 99.9% pure silver and issued as official Australian legal tender, the coin features a special ‘high relief’ representation of the celebrated Medallion’s allegorical design portraying ‘time’s opening scenes’ in the colony of New South Wales.

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Gold, Silver, Metal Prices Commentary – 3/9/2010

March 11, 2010 by admin  
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Bullion update ... Which Part of "Bu Dui" Is Unclear?

Good Day,

Gold prices fell to a one-week low of under $1115.00 per ounce overnight as the US dollar continued its recent climb and reached 80.74 on the trade-weighted index. The rallies in risk assets came under pressure as perception resurfaced that this type of speculation has been largely underpinned by generous liquidity and ultra-low interest rate and that it has a finite shelf-life in the big scheme of things.

The euro also continued under selling pressure early this morning as the Greek situation appears to remain without an obvious and/or imminent solution. The common currency was last seen trading near 1.354 against the greenback ahead of the closed-door meeting between US and Greek leaders today.

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BEP to Participate in ANA’s National Money Show in Fort Worth, Texas

March 11, 2010 by admin  
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American Numismatic Association National Money Show Intaglio Print CardThe Bureau of Engraving and Printing (Bureau) will exhibit at the American Numismatic Association’s National Money Show, March 25-27, 2010 at the Fort Worth Convention Center, 1201 Houston Street, Fort Worth, TX 76102.

The Bureau will proudly showcase its "Billion Dollar Exhibit" which features more than one billion dollars of rare and antique currency including sheets of $100,000 currency notes, Treasury Bonds, and gold and silver certificates. The Bureau will display an exhibit featuring two currency face plates from the Federal Reserve Bank of Dallas, a Series 1934-C 12-Subject $5,000 plate, and a Series 1934-C 12-Subject $10,000 plate.

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