Previously Unknown Specimen of 1855 $50 Kellogg & Co. Fifty Dollar available at Heritage Boston ANA Coin Auction

In the words of B. Max Mehl, the Kellogg & Co. fifty dollar gold pieces are “the most beautiful of all Pioneer gold coins and one of the rarest.” While Heritage has handled Kellogg fifties on several occasions in the past, we take particular pleasure in offering this specimen, which seems to match none of [...]

Better coin designs on the horizon?

How does a piece of Congressional legislation passed into law manifest itself into a design that is minted and distributed by the U.S. Mint to the Federal Reserve or directly to numismatists? And what might be changed in the process to improve the quality of coin designs? All Coin News

The Most Important Coin I’ve Ever Handled

By Mark Borckardt During 30 years as a full time professional numismatist, I have had the opportunity to examine and handle many of the most important rarities in the American series, including two Brasher doubloons, all five 1913 Liberty nickels, two 1894-S dimes, and four 1804 silver dollars. I have handled 80 of the 100 [...]

Ancient Fuhonsen Coins May be Japan’s Oldest Minted Currency

Japan’s money economy began earlier than textbooks have described when archaeologists unveiled 33 bronze coins from the late seventh century unearthed in the village of Asuka, Nara Prefecture in 1998. Now ten years latter, Nine Fuhonsen coins, which are thought to be the nation’s oldest form of minted currency, unearthed at a former site of [...]

Gold, Silver, Metal Prices Commentary – July 30, 2010

Good Morning, Gold prices made modest advances overnight, ahead of the release of the US GDP data this morning as more tentative buyers emerged following the precious metal’s largest monthly for of the current year. Almost at the same time, and as a few funds made a fresh foray into the market, physical gold buyers [...]

The Geology of The Carlin Trend

By Leia Michele Toovey-Exclusive to Gold Investing News Nevada was given the nickname “The Silver State” around the time it was admitted into the union in 1864. At the time, silver was the primary mineral mined in the state; in fact, up until 1999, Nevada produced about 30 percent of all the silver in the [...]

Gold Prices Rise Above $1171/oz, Silver Advances

U.S. gold prices rose .80 on Thursday as the dollar fell to a three-month low and sparked a bout of bargain buying. Other precious metals advanced with gold. Silver added 1.0 percent, platinum climbed 1.4 percent and palladium jumped 4.8 percent. In other markets, the weakened dollar also spurred crude oil to close higher for [...]

Kaminak Gold Corporation Announces Closing of Bought Deal Equity Financing

Kaminak Gold Corporation (TSX VENTURE:KAM) announced that it has closed the bought deal private placement financing announced July 12, 2010 . The press release is quoted as saying: The Company has issued 5,335,000 common shares at a price of $1.50 per common share and 3,824,300 flow-through common shares at a price of $1.70 per flow-through [...]

Mindoro Issues Incentive Stock Options

Mindoro Resources Ltd. (TSX VENTURE:MIO) (FRANKFURT:WKN 906167) announced that incentive stock options have been granted to directors, officers, employees and consultants of the Company to purchase four million common shares at an exercise price of $0.208 per share for a three year term. The press release is quoted as saying: Mindoro is a Tier 1 [...]

Amarok Resources Inc.: Flower Zone Assays Indicate Deep Seated Gold Target

Amarok Resources Inc. (OTCBB: AMOK) updated its shareholders on the drilling activity ongoing on the Rodeo Creek property located on the prolific Carlin gold trend in Elko county Nevada. The press release is quoted as saying: A total of four holes were drilled in the Flower Zone Area of the property to test the fault [...]

US Mint Sales: 2010 Proof Sets Win Race, Gold Eagles Jump

The United States Mint had a pretty good week, for a second time after several weeks of lazy sales. Most products outperformed prior gains, and the inaugural numbers for the 2010 United States Mint Proof Set were stronger than those of the 2010 Mint Set which were released a week earlier. For bullion coins, the [...]

Sunridge Gold Reports 84 Metres of 1.32 G/T Gold and 0.84% Copper at Adi Rassi, Asmara Project, Eritrea

Sunridge Gold Corp. (TSX VENTURE:SGC) reported important new gold and copper assay results from the Company’s phase one diamond drill program at the Adi Rassi copper–gold prospect, part of the Asmara Project in Eritrea. The press release is quoted as saying: These results indicate that a potentially large new copper and gold zone has been [...]

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