Bullion & Business May 2010 Recap

Euro zone debt turmoil worries were a market fixture during all of May, which tended to lift gold but pressure industrial precious metals, oil and stocks. The final week of the month saw some stabilization. Commodities rose as a group as did world stocks, with the exception of the Dow which retreated 0.56 percent. For [...]

Bowers and Merena to Offer Diverse Selection of US Banknotes in Baltimore

Bowers and Merena Auctions will again present the Official Auction of the June 2010 Whitman Coin & Collectibles Baltimore Expo. More than 200 impressive currency lots will join a magnificent array of nearly 3,500 coin lots in the auction that will be held June 16-20, 2010. Ponterio & Associates, a division of Bowers and Merena, [...]

PCGS Announces Coin Sniffer™ Process Enhancement to Secure Plus Coin Grading

The Next Step To Improve And Protect the Coin Collecting Hobby Professional Coin Grading Service (PCGS) today revealed additional steps it is taking to improve its ability to detect altered coins. PCGS announced that it has a process in development which will detect any foreign substance on a coin’s surface. According to PCGS officials, in [...]

Federal Lawsuit Filed Against “Coin Doctors” by Collectors Universe / PCGS

Professional Coin Grading Service (PCGS) today sent out a Press Release  announcing  a major lawsuit has been filed in United States District Court, Central District of California, against six individuals claiming they engaged in a pattern of racketeering activity, breach of contract, conspiracy, unfair competition and fraud for allegedly submitting “doctored” coins to PCGS for [...]

Silvore Fox Minerals Announces Comprehensive Exploration Program on Coxheath Copper/Gold Property

Silvore Fox Minerals Corp. (TSX VENTURE:SFX) reported the details of a comprehensive exploration program on its 100% owned Coxheath mineral claims, near Sydney, Nova Scotia. The press release is quoted as saying: Silvore Fox Minerals Corp. (”SFX”) is a Bedford, Nova Scotia, Canada based public mineral exploration company with 100% mineral rights to the claims [...]

PCGS Coin Sniffer™ Helps Detect Coin Doctoring, Hobby Protection Steps

Professional Coin Grading Service (www.PCGS.com) today revealed additional steps it is taking to improve its ability to detect altered coins. PCGS announced that it has a process in development which will detect any foreign substance on a coin’s surface, and also announced a major lawsuit filed against alleged coin doctors. According to PCGS officials, in [...]

2010 American Buffalo Gold Proof Coin Launch Date Officially Announced

The United States Mint on Thursday officially announced when the 2010 American Buffalo Gold Proof Coin would launch. 2010 American Buffalo Gold Proof Coin – Obverse and Reverse (Click to Enlarge) While a price point for the coin is not yet available, the U.S. Mint said in a press statement that the 24-karat gold piece [...]

Gold Making History…But Which One?

Kitco.com reported on Gold Making History…But Which One? There is no secret that gold has been a force, something like a rocket, as it has carved out new, fresh highs for itself. The sovereign debt crisis in Europe has lit the booster and gold has displayed in the marketplace its flight to safety characteristics routinely [...]

May 28, 2010: US Mint Pricing, 2011 Army Coin Designs, Popular Gold Coins

Welcome to Coin Update! We’re back with a round up of coin collecting news and articles before the Memorial Day weekend. First, prices for the US Mint’s numismatic gold coins seemingly should have been lowered this week, but they have remained unchanged. Also, First Spouse Gold Coins, 2011 Army Commemorative Coin designs, historical prices for [...]

2010 America the Beautiful Quarters Silver Proof Sets Issued

The United States Mint today at noon Eastern Time released the 2010 United States Mint America the Beautiful Quarters Silver Proof Set™ for $32.95. The offering is the first to include America the Beautiful Quarters that are struck in 90 percent silver, which is a reason the set is priced substantially higher than the clad [...]

Strategic Resource Announces CNSX Listing and Share Consolidation

Strategic Resource Acquisition Corporation (CNSX:SRZ) reported that effective today it is listed and trading on the Canadian National Stock Exchange (CNSX) under the trading symbol SRZ. The press release is quoted as saying: SRA is a Toronto-based mineral development company, focused on acquisition and development of base and precious metal properties in Canada and in [...]

1849 Oregon Exchange Company $5 Gold Territorial Coin Profiled

The news of the discovery of gold in California reached the Oregon Territory in late July 1848. That news was confirmed in Oregon City, seat of Clackamas County, on August 9 of that year, when the brig Henry docked with gold dust, arriving from San Francisco, and by October more than two-thirds of the men [...]

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