Great rarities sometimes involve great mysteries and that is the case with the 1861 Paquet reverse double eagle. With only two examples known, it ranks in the top group of great U.S. rarities, although it has so far not proven that at public auction. That day, however, may be coming.
The Paquet reverse was the creation of Anthony Paquet, who had been directed by Mint officials to create a design that, while similar to the regular reverse, would be modified slightly....
Full Article: If Given Proper Attention, Paquet Will Soar - NumisMaster
WASHINGTON - Sales of the 2009 Ultra High Relief Double Eagle Gold Coin will end on December 31 at 3 p.m. (Eastern Time).
Customers may order the 2009 Ultra High Relief Double Eagle Gold Coin until December 31 at the United States Mint's secure Web site, http://www.usmint.gov/catalog, or by calling 1-800-USA-MINT (872-6468).
Customers with TTY equipment may order by calling 1-888-321-MINT (6468). Credit cards are billed as products are shipped from our fulfillment center. Because of possible price fluctuations, mail orders are not accepted. There is no household limit. [click to continue…]
The two-minute warning has been given by the U.S. Mint on sales of the 2009 Ultra High Relief Saint-Gaudens $20 gold piece.
It will go off sale at 3 p.m. Eastern Time on Dec. 31.
Sales as of Dec. 6 totaled 108,207 pieces.
How many more of these historic coins ...
Full Article: UHR gold $20 sales to end soon - Buzz with Dave Harper
There are many dealers, collectors, investors and market analysts who believe the metals are about to skyrocket. The strength of the metals and the weakness of the economy have more investors predicting that the long-range value of Gold will surpass any other investment.
Thousands of buyers are putting most of their available assets into Gold, Platinum and Silver at this very moment. The more novice collectors and investors are buying Modern Bullion coins because ...
Full Article: NumisMedia Market Report: Prices Advance on Positive Auction Results - NGC
High-end rarities struggled a bit at Stack's 74th anniversary auction held in Baltimore, Nov. 9 to 11.
One of the highlights, an 1861 Confederate cent encapsulated in an ANACS holder as Genuine and graded by Stack's as choice Proof, sold for $112,700 (inclusive of Stack's 15 percent buyer's fee).
The Stack's catalog entry for the lot tells the story of how Q. David Bowers, who consigned the coin, came to acquire it and notes that just 12 to 15 are known ...
Full Article: Some rarities struggle - Coin Values
The United States Mint on Thursday increased the prices of its numismatic gold coin offerings, bringing them to their highest level of the year.
The new prices were implemented in response to the latest several day rally in bullion prices, which brought the yellow metal to an all-time high Thursday morning of $1,123.40 an ounce. The coins affected include:
The US Mint implemented its latest pricing policy for numismatic gold and platinum coins on Jan. 12, 2009.
"Transparency, agility, and customer service are the catalysts for our new pricing method," said United States Mint Deputy Director Andy Brunhart at the time. "The volatile precious metals market prompted our customers to suggest that we re-vamp our process, and we listened."
The prices are directly related to the average weekly London Fix prices for these metals -- from Thursday AM to Wednesday AM. If the market value of gold moves to a higher or lower range, the price of each product is increased or decreased in corresponding increments. Those increments are listed above. [click to continue…]
A.C. Dwyer, an avid coin collector, talked with us recently about the history of U.S. $20 double eagle gold coins, especially those struck during the California Gold Rush. Dwyer discusses the types of double eagles that were minted, the most interesting and rarest varieties, and why he’s so enthralled with coins that have been found at shipwreck sites. Dwyer can be contacted via his website, acdwyer.com.
The double eagle is really a result of the California Gold Rush. Prior to the California Gold Rush, the biggest gold discoveries were relatively small strikes in Georgia and North Carolina. That led to new ...
Full Article: An Interview with U.S. Gold Coin Collector A.C. Dwyer - The Collectors Weekly
The rapid rise in gold prices over the last week is likely to result in another round of price increases for the US Mint 2009 Ultra High Relief Double Eagle Gold and the 2008 and 2009 First Spouse Gold Coins.
The US Mint uses a five-day London gold average -- from Thursday to Wednesday -- to determine whether its collector gold coin prices go up, go down, or stay the same. The US Mint increased coin prices just last Wednesday, when London gold jumped above $1,000 an ounce. During the last four days, however, gold has averaged above $1,050 which is the next level to trigger another increase in coin prices. [click to continue…]
2009 $20 Ultra High Relief Gold Double Eagle sales exploded with a sizzling 28,183 purchased by the end of its Jan. 22 launch day. Action continued to be strong despite the initial $1,189.00 price, which is now considered a dreamy bargain for buyers in today’s market. By the following Tuesday, Jan. 27, the number jumped to 41,664. How have they done since? A week-by-week analysis paints the picture.
After Jan., orders settled. As spring started, summer began and then July ended, there were only four times when UHR orders rose above 1,000 a week. In fact, average weekly sales were hitting 875 — a far cry from the early days. A higher price for the coin — up $100 by now — and the US Mint’s mandated ...
Full Article: UHR Coin Sales History - CoinNews
