Coin News

Gold settled higher for a third day on Friday, as bargain hunters stepped in on expectations prices would ultimately rise following a 5.0 percent loss in July — the biggest monthly decline since December. "People are trying to add to holdings of gold at a sale price," Zachary Oxman, managing director at TrendMax Futures, said [...]

Welcome to back to Coin Update! We’re here to bring you another round up of recent coin collecting news and articles from around the internet. First, the design for the proof 2010 Platinum Eagle featuring the theme “To Establish Justice” has been revealed by the US Mint. Also, gold and silver prices, designs reviewed for [...]

Effective August 1, 2010, Professional Coin Grading Service (PCGS) will begin offering "Plus" (+) designations for all qualified coins submitted in the Regular, Express and Walkthrough service levels. The enhancements for these services will be offered at no additional charge. "The introduction of PCGS Secure Plus™ three months ago has dramatically changed the grading landscape," [...]

Colombian Mines Corporation (TSX VENTURE:CMJ) announced that due to encouraging results, the drill program at Yarumalito is being expanded with the addition of an LF-70 drill from contractor GEOVAL S.A.S., providing greater depth capabilities than the man-portable rigs used on the property to date. The press release is quoted as saying: Through mid-July, the Company [...]

San Anton Resource Corporation (TSE:SNN) announced that it has completed its previously announced rights offering. Under the offering, San Anton has issued 22,080,351 common shares at a price of $0.15 per share for gross proceeds to the Company of $3,312,052. The press release is quoted as saying: Kings Minerals Mexico Pty Ltd., which owned 71.3% [...]

Melkior Resources Inc.(TSX VENTURE:MKR) announced it has received assay results from prospecting on its 100% owned Carscallen gold project located in West Timmins, Ontario, Canada. The press release is quoted as saying: During May and June 2010 Melkior undertook prospecting to search for new mineral occurrences outside the area of concentrated drilling at the Zam [...]

A nearly 2,500-year old silver coin of Rhegion, an ancient Greek city located in would become Italy, is expected to bring upwards of ,000 at the Heritage Signature® Auction of Ancient and World Coins at the ANA World’s Fair of Money in Boston, Thursday, Aug. 12, starting at 6 p.m. The silver tetradrachm – lot number 20007 – a [...]

Dundee Precious Metals Inc. (TSE:DPM)(TSE:DPM.WT)(TSE:DPM.WT.A) announced its unaudited results for the second quarter ended June 30, 2010. DPM reported second quarter 2010 net earnings of $16.5 million (basic and diluted net earnings per share of $0.13). The press release is quoted as saying: This compares with second quarter 2009 net earnings of $2.8 million (basic [...]

Andean American Mining Corp. (TSX VENTURE:AAG)(FRANKFURT:AQN) reported that for the year ended March 31, 2010, it incurred a loss of $691,552 or $0.01 per share compared to a loss of $5,738,809 or $0.07 for the same period in 2009. The press release is quoted as saying: Andean American Mining Corp.’s main focus is on the [...]

Coin originated in Rhegion region – modern day Reggio, Italy – was struck between 415 and 387 BC; offered as part of Heritage ANA World Coin event A nearly 2,500-year old silver coin of Rhegion, an ancient Greek city located in would become Italy, is expected to bring upwards of $25,000 at the Heritage Signature® [...]

NQ Exploration Inc. (TSX VENTURE:NQE) announced a first closing on 46 flow-though units at ,000 per unit for gross proceeds of ,000. The press release is quoted as saying: NQ Exploration Inc. is a mining exploration company with a solid portfolio of 16 mining properties in the James Bay and Abitibi regions of Quebec. NQ [...]

The Willow Tree Coins NumiStories John Hull’s second series of silver coins produced at his Boston, Massachusetts mint were the first dated coins in what would become the United States. This “Willow Tree” design is believed to have been produced from 1653 to 1660. It was determined that Hull’s simple “NE” coins were easy to [...]