Coin News

‘P’ mint grows with U.S.

admin — Wed, 08 Sep 2010 09:12:11 +0000

It was 1792 when our Founding Fathers decided it was time for the United States to mint its own coins.

Gold slips on firmer equities, ETF holdings slip

admin — Wed, 08 Sep 2010 08:14:14 +0000

On Monday, Gold inched down in slow trade after stock markets firmed on optimism the U.S. economy would not fall back into recession, with a slight drop in holdings in the ETF putting additional pressure.

The press release is quoted as saying:

Spot gold XAU= eased 74 cents to $1,247.30 an ounce by 0043 GMT, having fallen as low as $1,235.70 on Friday due to fewer-than-expected U.S. job losses data.

Click here to access the entire press release

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Walking Liberty Half Dollar History

admin — Wed, 08 Sep 2010 08:12:45 +0000

The Walking Liberty half dollar was an exciting new design when it was introduced in 1916. It was also a coin with too high a face value for many to collect. That helped keep the survival rate for high grades fairly low. These factors make it a challenging collection especially in top grades.

Many examples that were saved were saved much later than their time of issue …

Full Article: Some Years Only ‘S’ Walkers Struck – NumisMaster

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Use current law against coin doctors

admin — Wed, 08 Sep 2010 08:11:10 +0000

Do you think there should be stiffer penalties for people who knowingly sell doctored coins?

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Balmoral to Acquire Advanced Package of Canadian Gold Assets

admin — Wed, 08 Sep 2010 07:14:00 +0000

Balmoral Resources Ltd. (CVE:BAR.H) announced that it has entered into two exclusive letters of offer to acquire five prospective gold projects located in the Abitibi Greenstone Belt of Quebec and the Hemlo Greenstone Belt in Ontario.

The press release is quoted as saying:

Balmoral Resources is a newly formed Vancouver-based precious metal exploration and development company focused on district scale gold and silver opportunities in politically favourable jurisdictions in North America.

Click here to access the entire press release

Click here to access Balmoral Resources Ltd. Corporate Site

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Coin Selling Tips Using Dealer Consignments

admin — Wed, 08 Sep 2010 07:13:01 +0000

Many retail dealers, myself included, welcome consignments from collectors. It’s a great way to increase the size of a dealer’s inventory without laying out cash and it is often an excellent source for dealers to place useful, fresh attractive coins to new or existing clients. As a potential consignor, what are some of the questions you should be asking a dealer and what are some of the expectations you should have? …

Full Article: Tips on Selling Your Coins Via Dealer Consignment – RareGoldCoins.com

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Krause leaves board

admin — Wed, 08 Sep 2010 07:12:16 +0000

Chet Krause resigned his seat on the American Numismatic Association board of governors July 7.

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Fire River Gold Commences Underground Drill Program at the Nixon Fork Gold Mine

admin — Wed, 08 Sep 2010 06:13:28 +0000

Fire River Gold Corp. (CVE:FAU) provided this update on its 28,000 metre diamond drill program at its Nixon Fork Gold Mine.

The press release is quoted as saying:

Fire River Gold Corp. is a near-term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production by Spring/Summer 2011. The Nixon Fork Gold Mine is a permitted and bonded mine with past production values averaging 1.4 opt (42 gpt). Facilities at the Nixon Fork Gold Mine include a 200 tpd floatation plant with a gravity gold separation circuit and a sulphide floatation circuit.

Click here to access the entire press release

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2011 Kangaroo Gold Coins on Sale Sept. 14

admin — Wed, 08 Sep 2010 06:12:27 +0000

The worldwide launch of the bullion 2011 Australian Kangaroo Gold Coins will begin on Tuesday, September 14, 2010, The Perth Mint of Australia has announced.

2011 Australian Kangaroo Gold Coins – 1 Kilo and 1 Ounce Sizes

The 99.99 percent pure gold coin series is one of the most popular offerings from the Mint, featuring varying sizes, limited mintages and annual changing designs.

These gold coins have respective face values or denominations of $100, $50, $25 and $15. The reverse or tails side design depicts a kangaroo…

Full Article: 2011 Australian Kangaroo Gold Coins – CoinNews

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Gold firm as 1999 silver proof set falls

admin — Wed, 08 Sep 2010 06:11:15 +0000

Gold is $1,212. I like the sound of that number.

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