Bullion & Metals

Bullion Coins – U.S. Mint Confirms New American Gold Eagle Die Variety

Bullion Coins – U.S. Mint Confirms New American Gold Eagle Die Variety

By Joshua McMorrow-Hernandez for Coinweek …….   United States Mint officials confirmed that thousands of 2016 American Eagle one-ounce gold bullion coins feature a high-relief die variety and have been released into public distribution channels. The design devices on the high-relief variety rise above the height of the coin’s rim, making it difficult to stack […]

Gold Markets Report – Gold Moves Lower on Higher Interest Rate Talk

Gold Markets Report – Gold Moves Lower on Higher Interest Rate Talk

Commentary for Wednesday, March 23, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed down $24.50 at $1223.70 in another round of profit taking as talk of interest rate hikes came back into focus after yesterday’s terrorist attack. Gold was flat in the overnight Hong Kong market but weakened […]

Bullion Coins – Tennessee Sales Tax Exemption Legislation Introduced

Bullion Coins – Tennessee Sales Tax Exemption Legislation Introduced

By Industry Council for Tangible Assets ….   The Industry Council for Tangible Assets (ICTA) recently received a very generous donation from member Joey Ashley (Miller’s Coin & Currency, with stores in Pooler, Georgia and Cleveland, Tennessee) to help with an initiative to obtain a sales-tax exemption for precious-metals bullion, rare coins, and paper money […]

By March 23, 2016 0 Comments Read More →
Gold Markets Report – Gold Closes Higher Over the Belgium Attacks….but….

Gold Markets Report – Gold Closes Higher Over the Belgium Attacks….but….

Commentary for Tuesday, March 23, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $4.40 at $1248.60 on the Comex today. The Belgium terror attacks created early safe-haven buying in gold bullion during the overnight Hong Kong market. The initial news pushed gold to $1260.00 but […]

By March 22, 2016 0 Comments Read More →
Record Demand for American Silver Eagles Eludes U.S. Mint

Record Demand for American Silver Eagles Eludes U.S. Mint

By CoinWeek News Staff….   An Analysis of Year-to-Date Demand 2016 appears to be another record year for American Silver Eagles, because they’re already breaking records even only as winter turns to spring. United States Mint sales figures show that 5,954,500 Silver Eagles – nearly six million pieces – were sold in January, with 4,782,000 […]

Royal Canadian Mint Privy-Marked Silver Maple Leaf Bullion Coins Continue to Sell Out

Royal Canadian Mint Privy-Marked Silver Maple Leaf Bullion Coins Continue to Sell Out

The Royal Canadian Mint’s “Wild Canada” privy-marked Silver Maple Leaf (SML) bullion coin series continues to enjoy a strong following as all 50,000 coins from the “Grizzly” release have sold out. Crafted of one troy ounce of 99.99% pure silver, the Silver Maple Leaf is one of the world’s favourite silver bullion coins. The addition […]

Gold Markets Report – Gold Closes Firm and Moves Higher in the Aftermarket

Gold Markets Report – Gold Closes Firm and Moves Higher in the Aftermarket

Commentary for Wednesday, March 16, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …..   Gold closed up $4.70 on the Comex today at $1235.10 – this close was based on a firm gold market, probably reacting to three days of lower prices with some bargain hunting.   The price […]

Guest Commentary – The Significance of the Dollar’s Double Top to the Gold Price

Guest Commentary – The Significance of the Dollar’s Double Top to the Gold Price

By Dr. Richard S. Appel – UniqueRareCoins.com ……   Double tops or double bottoms often indicate an important change in price trends. In the case of a double top, it shows a price level at which much selling is generated. Buyers, on the other hand, are exhausted, and cannot generate sufficient buying pressure to move […]

Gold & Silver Political Action Committee  March 2016 e-Newsletter

Gold & Silver Political Action Committee March 2016 e-Newsletter

By Barry Stuppler for the Gold & Silver Political Action Committee …..   From the Political Coordinator What began as an English proverb as “March comes in like a lion and goes out like a lamb” may become a relic of history. Aside from the weather implications, the markets are experiencing a lion-like robustness that […]

American Silver Eagle – One Million More Ounces Allocated March 14

American Silver Eagle – One Million More Ounces Allocated March 14

By Hubert Walker for CoinWeek ….   The week of Monday, March 14 sees another one million ounces of the 2016 American Silver Eagle silver bullion coin allocated for purchase by authorized dealers. This brings the March month-to-date allotment, starting with the February 29 allocation, to three million ounces. Out of that three million, the […]

By March 15, 2016 0 Comments Read More →
U.S. Mint Reveals Designs for 2017 American Platinum Eagle Proof Coin

U.S. Mint Reveals Designs for 2017 American Platinum Eagle Proof Coin

By CoinWeek News Staff ….   In an email dated March 14, Michael White of the United States Mint’s Office of Corporate Communications released the following images of proposed designs for the obverse and reverse of the 2017 20th Anniversary American Eagle Platinum Proof coin. The designs are actually the obverse and reverse from the […]

Gold Market Report – Gold Gives up Most of Yesterday’s Gains

Gold Market Report – Gold Gives up Most of Yesterday’s Gains

Commentary for Friday, March 11, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed down $12.20 on the Comex today at $1258.70 so it’s having second thoughts about Mario Draghi’s European Central Bank (ECB) decision yesterday to push “negative” interest rates. Actually today’s loss represents further profit […]

Counterfeit Gold – Beware of Fake PAMP Gold Bars

Counterfeit Gold – Beware of Fake PAMP Gold Bars

By Everett Millman – Gainesville Coins ……….   A new wave of counterfeit PAMP Suisse gold bars are making the rounds. These new fakes show much better quality than earlier attempts, especially with the packaging. Previous fake PAMP gold bars have been easily detected when compared to the real thing (see image, below). These new […]

U.S. Mint Weekly Coin Sales – Silver Eagle Slowdown?

U.S. Mint Weekly Coin Sales – Silver Eagle Slowdown?

Nixon Presidential $1 coin products also debut By Hubert Walker for CoinWeek ….   Saying that sales for the American Silver Eagle bullion program are experiencing a slowdown is a bit like saying this year’s Porsche takes a second longer to go from 0 to 60. But compared to March of last year, sales may […]

U.S. Mint Stays Course, Another Million Silver Eagles Allocated March 7

U.S. Mint Stays Course, Another Million Silver Eagles Allocated March 7

By Hubert Walker for CoinWeek ….   Nine weeks into the production of the 2016 30th Anniversary issue of the American Silver Eagle, the United States Mint is staying the course and allocating another million ounces of the one-ounce silver bullion coins for sale this week to authorized dealers. This according to an email from […]

CoinWeek IQ: The Vienna Philharmonic Silver Coin: From Planchets to Monster Boxes – 4K Video

CoinWeek IQ: The Vienna Philharmonic Silver Coin: From Planchets to Monster Boxes – 4K Video

In January 2016, the Austrian Mint gave CoinWeek unprecedented access to the inner workings of their state-of-the art coining facility. In this video, we share we share with you the entire minting process for the silver Vienna Philharmonic bullion coin. Silver stackers and coin collectors will be intrigued to learn about the entirely automated process by which the Silver […]

Precious Metals – The Benefits of Silver Bullion Rounds

Precious Metals – The Benefits of Silver Bullion Rounds

By Bullion Shark, LLC ………   Silver Stackers’ heads are spinning as the price of silver bullion is finally experiencing some positive movement after a tough few years. This has a lot to do with the current state of the stock market and the high gold-to-silver ratio. Consumers are buying silver bullion hand over fist […]

Gold and Silver Markets – Gold Climbs Higher on a Weaker Dollar

Gold and Silver Markets – Gold Climbs Higher on a Weaker Dollar

Commentary for Thursday, March 3, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold Markets closed up $14.00 on the Comex today at $1256.60. Well – what do you have here? Gold was flat in overnight trading both in Hong Kong and London – and opened flat to down in […]

February Gold, Silver Bullion Sales Down at Perth Mint

February Gold, Silver Bullion Sales Down at Perth Mint

By Hubert Walker for CoinWeek….   In February 2016, the Perth Mint sold 37,063 ounces of gold and 1,049,062 ounces of silver in the form of coins and minted bars. The Mint sold 10,696 fewer ounces of gold last month compared to January, representing a 22.40% decrease from the beginning of the year’s spike in […]

Ron Drzewucki’s Bullion Sales Tax Series, State by State: Pt. 2

Ron Drzewucki’s Bullion Sales Tax Series, State by State: Pt. 2

By Ron Drzewucki – www.moderncoinwholesale.com ….   Link to Part 1 In the U.S., sales tax is levied on a state and local level, so there is no one rule that fits all precious metal purchases. The complications wrought by conflict between the tax laws applying to the buyer versus the tax code applicable in […]

US Silver Coins – February American Silver Eagle Sales See Big Jump over Last Year

US Silver Coins – February American Silver Eagle Sales See Big Jump over Last Year

Other products, including the 2016 Shawnee National Forest 5 oz silver bullion and uncirculated coins, had exceptional weeks as well. By Hubert Walker for CoinWeek News Staff ….   Sales of the 2016 30th anniversary issue of the American Silver Eagle bullion coin are on track for a fourth consecutive record-breaking year, with 4,782,000 ounces […]

Gold Markets – Gold Closes Stronger

Gold Markets – Gold Closes Stronger

Commentary for Monday, February 29, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $14.10 at $1233.90 on the Comex today. China claimed it would lower bank reserve requirements in an attempt to stimulate – which favors the fear that something is not right. But I […]

By February 29, 2016 0 Comments Read More →
Coin Collecting Strategies – Making The Transition from Coin Investor to Coin Collector

Coin Collecting Strategies – Making The Transition from Coin Investor to Coin Collector

By Al Doyle for CoinWeek ……….   How does a person move from being a bullion investor to a collector? It’s not an either/or choice, as both options can be pursued simultaneously. Genuine concern about the declining value of the dollar is what normally motivates investors to purchase gold and silver. The beaming luster, various […]

By February 29, 2016 1 Comments Read More →
Gold & Silver PAC:  Please Thank Congressman Sessions at Dallas Money Show

Gold & Silver PAC: Please Thank Congressman Sessions at Dallas Money Show

By Barry Stuppler for the Gold & Silver Political Action Committee …..   Fellow Coin Dealer, It’s an election year and the Gold & Silver Political Action Committee is actively working with and supporting legislators who understand and agree with our issues. Pete Sessions is a highly-respected Texas congressman who is the Chairman of the […]

By February 27, 2016 0 Comments Read More →
Gold Markets – Are Gold Coins Driving Buying Momentum ?

Gold Markets – Are Gold Coins Driving Buying Momentum ?

By Steven Cochran for Gainesville Coins ……   Gold is Back on Everyone’s Radar Physical gold (and silver) saw huge crowds “buying the dip” in 2015. The US Mint recorded a 52.8% increase in American Gold Eagle sales for the year, while the American Silver Eagle set a new all-time sales record of 47 million […]

By February 26, 2016 0 Comments Read More →
The Real Diehl – An Unclassified Peek Inside the Fort Knox Gold Depository

The Real Diehl – An Unclassified Peek Inside the Fort Knox Gold Depository

The Real Diehl is a column by former United States Mint Director Philip N. Diehl, exclusively for CoinWeek ………..  The public image of the United States Bullion Depository at Fort Knox, Kentucky, was cemented in the 1964 movie Goldfinger. The four-story vaults of shining chrome bar-encased gold, suspended staircases, and vast interior are now classic Hollywood images of what […]

Bullion Shark –  Negative Interest Rates and Their Possible Effects on Gold and Silver

Bullion Shark – Negative Interest Rates and Their Possible Effects on Gold and Silver

By Bullion Shark LLC ……… What came as a major shock to markets this week was the Federal Reserve Chair Janet Yellen’s testimony. Yellen opened the door for the possibility of negative interest rates in the U.S. Yes, negative interest rates! Now besides whether this is actually legal to do, why would Janet Yellen and […]

By February 23, 2016 0 Comments Read More →
North American Asset Management Charged with Off-Exchange Precious Metals Transactions

North American Asset Management Charged with Off-Exchange Precious Metals Transactions

By Commodity Futures Trading Commission….   The U.S. Commodity Futures Trading Commission (CFTC) announced the filing of a civil injunctive enforcement action in the U.S. District Court for the Southern District of Florida against Defendants North American Asset Management, LLC (NAAM) of Fort Lauderdale, Florida; its owner and president Alexi Bethel of Miami, Florida; and […]

By February 23, 2016 1 Comments Read More →
Federal Judge Sentences Coin, Precious Metals Dealer Hannes Tulving in $15 Million Fraud Case

Federal Judge Sentences Coin, Precious Metals Dealer Hannes Tulving in $15 Million Fraud Case

By United States Attorney’s Office – Western District of North Carolina …..   A coin and precious metals dealer and his company responsible for defrauding more than 380 customers of over $15 million were sentenced in federal court late Wednesday, February 17, 2016, announced Jill Westmoreland Rose, U.S. Attorney for the Western District of North […]

By February 22, 2016 0 Comments Read More →
Increase In Gold Price May Increase Gold Scams, Cautions Michael Fuljenz

Increase In Gold Price May Increase Gold Scams, Cautions Michael Fuljenz

There are five things you must know about buying and selling gold to avoid paying too much or receiving too little, advises Universal Coin & Bullion President Michael Fuljenz, a member of the Professional Numismatists Guild’s Accredited Precious Metals Dealer program. The recent increase in the price of gold may increase the chances of unwary […]

By February 22, 2016 0 Comments Read More →
 
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