You are browsing the archive for 2013 May.

by admin

2013 American Buffalo One Ounce Gold Proof Coin

May 30, 2013 in American Buffalo, Gold, Gold Bullion, Gold Coins, Investing, Numismatica, Numismatics, Precious Metals, Proof Coins, US Mint, USA Coins

The first 24-karat gold proof coin ever struck by the United States Mint and the collector version of the official United States Mint American Buffalo Gold Bullion Coin, the 2013 American Buffalo One Ounce Gold Proof Coin is available today!

2013 American Buffalo One Ounce Gold Proof Coin

2013 American Buffalo One Ounce Gold Proof Coin

2013 American Buffalo One Ounce Gold Proof Coin

2013 American Buffalo One Ounce Gold Proof Coin

The American Buffalo One Ounce Gold Proof Coin is the first 24-karat gold proof coin ever struck by the United States Mint and is the collector version of the official United States Mint American Buffalo Gold Bullion Coin. Containing one ounce of .9999 fine 24-karat gold, these lustrous coins are among the world’s purest gold coins. The coin is presented in an elegant hardwood box with a matte finish and a leather-like inset. It is accompanied by a certificate of authenticity.

Click here to see it at the US Mint’s website

 

 

Share Button

by admin

PNG Launching Numismatic Mentoring Program: Promoting Numismatic Growth

May 30, 2013 in Clubs and Associations, Collecting, Education, Numismatic Societies and Clubs, Numismatica, Numismatics, Press Releases

For immediate release (Press release) (http://www.pngdealers.com)

May 28, 2013
 
News media contact:
Robert Brueggeman, (951) 587-8300

(Temecula, California) — The Professional Numismatists Guild (www.PNGdealers.com) has announced it will create an education and mentoring program to recruit and train the next generation of coin dealers.

Entitled “Promoting Numismatic Growth” (PNG), the program will include online instruction about coins and the coin market followed by paid internships at some of the nation’s best known dealerships and grading services.

“The goal of this program is to ensure industry growth through the education and mentoring of future professional numismatists,” explained PNG Executive Director Robert Brueggeman.

“We’ve established a Young Numismatist Education Committee and we’ll be developing a program that will provide a basic education in the fundamentals of numismatics followed by a rotating series of three-month internship programs at four numismatic companies. We anticipate we will begin taking applications this coming Fall from candidates 21 to 32 years of age, and the expense-paid internships will begin next year.”

PNG officials will be hiring an administrator to oversee the day-to-day operations of the program, including development of the education courses and videos, recruitment and placement of interns and fund-raising to pay for the project. The plan calls for the PNG to pay the transportation and housing expenses for each intern in addition to the costs of creating the education courses and the expenses of administering the project. Companies hosting the interns would provide salaries to them during their internships.

“We envision a combination of courses and hands-on internship experience to give future professional numismatists knowledge about grading, counterfeit detection, coin and paper money photography and auctions as well as an advanced education about numismatics in general,” said PNG President Jeffrey Bernberg.

“This is a huge project of unprecedented scope for the PNG and our member-dealers for the future of numismatics, but the potential positive benefits for the hobby and the profession are enormous.”

The PNG YN committee overseeing the initial launch of the Promoting Numismatic Growth program and creation of the PNG’s Edward Milas School of Numismatics and Internship Program is composed of Brueggeman and PNG Board members Mitch Battino, Paul Montgomery, Barry Stuppler and Fred Weinberg.

A separate Board of Directors for the Promoting Numismatic Growth program is composed of Brueggeman, Montgomery and Donald Kagin, Ph.D.

Ed Milas, for whom the program is named, was a well-known Chicago area coin dealer and former PNG President (1983 – 1985) who died in 2011.

“This ambitious internship project will increase interest in our profession by offering the next generation a practical means of entering the business of numismatics, and establish a pool of prospective employees with the necessary skills our PNG member-dealers are looking for,” said Brueggeman.

Specific information about how to apply for the internship program is expected to be announced in September.

For additional information about the Professional Numismatists Guild, contact the PNG at 28441 Rancho California Rd., Suite 106, Temecula, CA 92590. Phone: (951) 587-8300. Email at info@PNGdealers.com, or visit the web site at www.PNGdealers.com.

Share Button

by admin

Premiums on U.S. Mint Silver Coins Drop From 4-Year High

May 30, 2013 in Coins, Collecting, Investing, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

By Debarati Roy – May 29, 2013 (http://www.bloomberg.com)

Premiums on American Eagle silver coins sold by the U.S. Mint dropped in May from a four-year high, signaling waning demand.

The premium charged by wholesale dealers fell to 13 percent from 25 percent in April, Richard Nachbar, a coin dealer based in Williamsville, New York, said today in a telephone interview. The premium rose as high as 55 percent in the two months ended November 2008, he said. Dimes, quarters and half-dollars dated before 1965, which are 90 percent silver, traded at a premium of 17 percent in April after usually selling at a discount, he said.

Full article at source>

Share Button

by admin

U.S. Mint resumes sales of small American Eagle gold coins

May 29, 2013 in Coins, Collecting, Gold, Gold Bullion, Gold Coins, Gold Eagles, Precious Metals, Proof Coins, Silver, Silver Coins, US Mint, USA Coins

* Physical gold, silver demand show signs of slowing

* Mint lifts purchase limit on five-ounce silver coins

* Allocation on American Eagle silver bullion coins remains (Adds details, background in paragraphs 3-7; adds byline)

By Frank Tang (http://www.reuters.com)

NEW YORK, May 28 (Reuters) – The U.S. Mint said on Tuesday it is resuming sales of its small American Eagle gold bullion coins, a month after the price of the precious metal plunged to two-year lows, triggering soaring demand for the coins and depleting the government inventory.

The Mint is also lifting allocations – essentially purchase limits for its authorized coin dealers – on the America the Beautiful five-ounce silver coins, effective Tuesday.

The moves by the U.S. Mint, one of the world’s largest gold and silver coin producers, are a further sign that a coin-buying frenzy has started to fade after investors took advantage of bargain prices following gold’s historic two-day sell-off in mid-April.

Full article at source>

Share Button

by admin

New Coin Series Features Ships That Never Sailed

May 28, 2013 in Coins, Collecting, Commemorative, Proof Coins, Silver, Silver Coins

May 27, 2013 By Coin Update (http://news.coinupdate.com)

The Perth Mint has started accepting orders for the first two coins of a new series featuring famous ships from legend and literature. The series is entitled “Famous Ships That Never Sailed” and just 3,000 of each silver coin will be released.

Full article at source>

 

Share Button

by admin

Bitcoin Vs. Gold & Silver – Mike Maloney & Chris Martenson

May 26, 2013 in Bitcoin, Currency, Gold, Gold Bullion, Gold Coins, Investing, Precious Metals, Silver, Silver Coins, Virtual currency

By: GoldSilver.com May 24, 2013 (http://www.goldsilver.com)

In our newest video, Dr. Chris Martenson and Mike Maloney take some time to discuss Bitcoin, precious metals and the future monetary system.

We first celebrated Bitcoin Invading Mainstream Banking on January 11, then reported here on April 30 that Canada had tightened its grip on Bitcoin exchanges. In another article (with video from Mike), we posed the question: Could Bitcoin Eventually be the New World Currency?

The big deal over Bitcoin is our freedom of choice, because if digital options such as Bitcoin or U.S. dollars were equal in value as money to gold and silver, the owners of the systems wouldn’t need laws to enforce a currency monopoly. Mike has already taken sides in this controversy, saying, “I’m for whatever the free market picks for currency.”

Dr. Martenson agreed, wisely pointing out the ongoing “Cold War race between security professionals and hackers.”

Full article at source>

Share Button

by admin

Roman coins are declared treasure

May 26, 2013 in Ancient Coins, Antique Coins, Archaeology, Coins, History, News, Numismatica, Numismatics, Roman Coins, Silver, Silver Coins, Treasure, Treasure Hunting, World Coins

The Sentinel. May 25th, 2013 (http://www.thisisstaffordshire.co.uk)

By Hannah Hulme.

TWO collections of Roman coins dating back 2,000 years have been declared treasure.

The hauls of silver denarius were discovered during two separate sweeps of the same North Staffordshire field last year.

The first stash of 13 coins, which date from 69AD to 161AD, was found by a group of six metal detectorists, including Andrew Bellerby, from Biddulph, and John Challinor, from Packmoor on February 20.

And a second discovery of three coins and two coin fragments from around the same period were unearthed by Scott Heeley, of Hednesford, near Cannock, at the same spot on August 19.

Both finds are believed to be part of a larger hoard of 258 coins also unearthed by Mr Heeley in February last year.

Now the latest hauls have been ruled as treasure by coroner Ian Smith at two separate treasure trove inquests held at North Staffordshire Coroner’s Court in Hartshill yesterday.

Full article at source>

 

Share Button

by admin

Three forgers jailed for total of 12 years after biggest ever plot to flood Britain with £1.5million in fake pound coins

May 23, 2013 in Coins, Counterfeit, English Coins, Fake Coins, News

By MARK DUELL May 21st, 2013. (http://www.dailymail.co.uk)

  • Kevin Fisher, 53, Daniel Sullivan, 28, and Mark Abbott, 44, imprisoned
  • Undercover police operation found huge storage container in Essex
  • Scotland Yard says some of fake currency might now be in circulation

Three forgers were today jailed for a total of 12 years following what police believe was the largest ever plot to make fake pound coins in the UK – some of which may still be in circulation.

Kevin Fisher, 53, of Goffs Oak, Hertfordshire, Daniel Sullivan, 28, of Hornchurch, east London, and Mark Abbott, 44, of Edmonton, north London, were all sentenced at Southwark Crown Court today.

The three men were behind what is thought to be a record number of fake coins worth £1.5million, which were discovered after an undercover Metropolitan Police operation in May last year.

Full article at source>

 

Share Button

by admin

How to Buy and Invest in Gold Coins

May 23, 2013 in Coins, Education, Gold, Gold Bullion, Gold Coins, Investing, Precious Metals

By , About.com GuideMay 17, 2013

With the price of gold and silver falling over the last few weeks, some people are going bargain-hunting and purchasing gold bullion and gold coins. I am certain there are “very good deals” out there, but usually they don’t involve meeting some guy your friend knows or purchasing rare coins at a flea market. Follow the tips I have listed below and you are sure to purchase gold coins that will be authentic United States or world gold coins.

Full article at source>

Share Button

by admin

ANA (American Numismatic Association) Board of Governors 2013-15 Election Center

May 21, 2013 in ANA (American Numismatic Association), Clubs and Associations, Collecting, News, Numismatic Societies and Clubs, Numismatica, Numismatics

Link to Election Center Website

The Ballot (Links to candidate statements)

 

 

Share Button

by admin

Australian scientist plans to reveal, rewrite history behind ancient coins discovery

May 20, 2013 in Ancient Coins, Anthropology, Antique Coins, Archaeology, Australian Coins, Coins, History, News, Numismatica, Numismatics, Rare Coins, World Coins

ANI  |  Washington  May 19, 2013 (http://www.business-standard.com)

An Australian scientist is planning an expedition to the Wessel islands in July and will revisit the location where five coins and an old map might reveal findings recreating Australia’s history.

Professor of Anthropology at Indiana University in US Ian McIntosh plans to open up possibilities that the 1000-year-old coins may prove that explorers from distant countries might have landed in Australian shores much earlier than James Cook declared it ‘terra nullius’ and claimed it for the British throne in, The Age reports.

McIntosh and his team of Australian and American historians, archaeologists, geomorphologists and Aboriginal rangers say that the five African coins date back to the 900s to 1300s and are from the former Kilwa sultanate, now a World Heritage ruin on an island off Tanzania.

Australian soldier Maurie Isenberg had discovered a handful of coins in the sand during his stay at one of the islands and in 1979 he rediscovered his ‘treasure’ and found out from a museum that the coins proved to be 1000 years old. He marked an old map with an ‘X’ to remember where he had found them.

Full article at source>

Share Button

by admin

Sales of the 2013 American Buffalo Gold Proof Coin Open May 23

May 20, 2013 in American Buffalo, Coins, Collecting, Commemorative, Gold, Gold Coins, News, Numismatica, Numismatics, Precious Metals, Proof Coins, US Mint, USA Coins

From UsMint.gov Press release

WASHINGTON – The United States Mint will open sales for the 2013 American Buffalo Gold Proof Coin on May 23, at noon Eastern Time (ET).  Pricing for the .9999 fine, 24-karat gold coin will be based on the bureau’s pricing policy for numismatic products containing precious metals located at http://catalog.usmint.gov/wcsstore/ConsumerDirect/images/catalog/en_US/PMPricingGrid.pdf

The designs featured on the obverse (heads side) and reverse (tails side) of the American Buffalo Gold Proof Coin are based on James Earle Fraser’s original 1913 Type I Buffalo nickel.  The obverse depicts the profile of a Native American, with the inscriptions LIBERTY, 2013, the initial “F” for Fraser, and the “W” mint mark for the United States Mint at West Point.  The reverse depicts the revered American Buffalo – also known as the bison – with the inscriptions UNITED STATES OF AMERICA, E PLURIBUS UNUM, IN GOD WE TRUST, $50, 1OZ., and .9999 FINE GOLD.

Each American Buffalo Gold Proof Coin is presented in an elegant hardwood box with a matte finish.  The coin is exhibited on a platform that can be positioned at an angle for display when the box is open.  A Certificate of Authenticity is included.

The United States Mint accepts orders at http://www.usmint.gov/catalog and at 1-800-USA-MINT (872-6468).  Hearing- and speech-impaired customers with TTY equipment may order by calling 1-888-321-MINT (6468).  A shipping and handling fee of $4.95 will be added to all domestic orders.  There are no mintage or household order limits for this product.

Full article at source>

Share Button

by admin

Rare trove of Viking coins discovered by amateurs

May 17, 2013 in Ancient Coins, Antique Coins, Archaeology, Coins, Collecting, Danish Coins, History, Numismatica, Numismatics, Treasure, Viking Coins, World Coins

PS May 17, 2013 (http://cphpost.dk) The Copenhagen Post

Thousand-year-old coins from the age of Harald Bluetooth were found in a field by three young men using metal detectors

A trove of 200 Viking coins that was uncovered in a field in North Jutland is considered to be one of the most significant archaeological discovery in decades.

A team of three amateur archaeologists, the youngest just 16 years old, found the silver coins using metal detectors last September in a field near the northern Jutland town of Strandby.

The coins date back to around the year 990 under the rein of Harald Bluetooth and include rare ‘korsmønter’, crossed coins, that are considered to be Denmark’s first national coin.

Korsmønter aren’t something that are found every day and the enormous quantity is also exceptional,” Sidsel Wåhlin from Vendsyssel Historisk Museum told Radio24syv. “We have never uncovered such a large find from the period in northern Jutland.”

Full article at source>

Share Button

by admin

Why The Federal Government Is Going After Bitcoin, But Amazon Coins Are Safe

May 16, 2013 in Bitcoin, Currency, Investing, Virtual currency

By Alyssa Rosenberg on May 15, 2013 (http://thinkprogress.org)

Amazon Coins

Amazon Coins

Bitcoin

Bitcoin

As Washington Post tech blogger Tim Lee reported this morning, the federal government has moved to shut down—or at least restrict—the online currency Bitcoin. The Department of Homeland Security and US District Court for the District ordered a seizure of the funds in Dwolla account owned by the currency exchange Mt. Gox, and Dwolla has stopped processing payments into and out of the account, making it impossible to buy and sell Bitcoins.

As Lee explained:

For years, Bitcoin supporters have touted the currency’s potential to resist government surveillance and censorship. They point to the example of Wikileaks, the whistleblower Web site whose access to funds dried up after the federal government applied informal pressure to intermediaries such as PayPal to cut off payments. The Bitcoin network is fully decentralized, so there is no one with the ability to monitor the network and block illicit transactions. If Wikileaks had funded itself through the Bitcoin network, the government wouldn’t have had such an easy time freezing its funds.

That’s a feature for people concerned with press freedom, but it looks more like a bug for government officials charged with enforcing the nation’s drug, gambling, counter-terrorism, and money laundering laws. The government relies heavily on financial institutions to help them monitor their customers’ financial activities and flag or block potentially illegal transactions. The lack of intermediaries makes Bitcoin an attractive technology for those who want to evade government scrutiny. It was only a matter of time before authorities started to give the technology some unwelcome attention.

Full article at source>

Share Button

by admin

Coins tell a story

May 16, 2013 in Coins, History, Nickel Coins, Pennies, USA Coins

Posted by Compmanager on May 15, 2013 (http://www.tuscolatoday.com)
May is a rather difficult month for me for several reasons.

First off, I was born in May. As the years have passed, celebrating that day isn’t as much fun as it used to be. A bigger breath is needed to blow out all of the candles before the fire department is called to attend the blaze.

Chuck, my oldest son was born in May, and he was also killed shortly after his 28th birthday while serving in Iraq. Then, there is Memorial Day to honor fallen soldiers.

While I’ve always had a great respect for those who serve their country, it wasn’t until my son was killed that the meaning of Memorial Day really hit home.

Over the last eight years I’ve visited Chuck’s grave several times and noticed a variety of coins on his headstone and on the graves of other soldiers. I never really thought about it much or that it had a special meaning.

A few months ago a letter was sent to me explaining the meaning of the coins left on a soldier’s grave who gave their life while serving in Armed Forces.

A coin left on a headstone or at the gravesite is meant as a message to the deceased soldier’s family that someone had visited the grave to pay respect.

Each coin left has a distinct meaning depending on the denomination of coin: Leaving a penny at the grave means simply that someone visited.

Leaving a nickel indicates that the visitor and the deceased trained at boot camp together, while a dime means the visitor served with the soldier in some capacity.

A quarter left at the grave tells the family the visitor was with the soldier when he was killed.

According to tradition, the money left is left at graves in national cemeteries and state veterans cemeteries is eventually collected, and the funds are put toward maintaining the cemetery or paying burial costs for indigent veterans.

According to the letter, leaving a coin became common during the Vietnam War because of the political controversy in the country over the war. Leaving a coin was seen as a practical way to communicate that a person had visited the grave rather than contacting the soldier’s family, which could become uncomfortable argument over politics relating to the war.

Full article at source>

Share Button

by admin

The Rise and Fall of Anonymous Bitcoins

May 16, 2013 in Bitcoin, Currency, Digital Currency, Investing, Money, News, Virtual currency

Bitcoins have been embraced as real money by the Treasury. But can they survive legitimacy?

By Richard Satran May 14, 2013 (http://money.usnews.com)

Is there a bitcoin in your future?

It’s the digital currency that claims to be completely anonymous, non-inflationary and more secure than Fort Knox. Its largest backer, Bitcoin Foundation, says the virtual money “cannot be manipulated by any government, bank, organization or individual.”

Many have been expecting the government to crack down on the currency because it has been used for illegal activities ranging from drug purchases and money laundering to avoiding sanctions in Iran.

Instead, the U.S. government has embraced it by recognizing bitcoins as a currency and saying it would not halt their use in e-commerce. The U.S. Department of the Treasury’s Financial Crimes Enforcement Network, or FinCEN, says virtual currency has the status of real money and should be regulated as such. The Bitcoin Foundation calls the FinCEN ruling a “positive first step toward regulatory acceptance.”

Full article at source>

Share Button

by admin

Amazon launches its own virtual currency called Coins and gives ‘tens of millions’ away for free to US Kindle owners

May 15, 2013 in Digital Currency, News, Virtual currency

Amazon Coins

Amazon Coins

  • One Amazon Coin is worth one US penny
  • Coins can be bought in batches of 1000 and Kindle Users have been given 500 Coins for free
  • Plans to launch Coins in the UK and for non-Kindle users have not yet been announced
By Victoria Woollaston 14 May 2013 (http://www.dailymail.co.uk)

Amazon has launched its own currency called Amazon Coins.

It’s currently only available in the States for Kindle Fire owners, but the Coins can be used to pay for games, apps and in-app purchases from the Amazon Appstore. 

One Amazon Coin is worth one US penny, and Kindle Fire owners are getting 500 Coins ($5) for free as part of the launch.

The Coins will also be able to be used on the company’s retail site when they become more widely available.

Amazon has not yet confirmed when the scheme will be launched outside of the US, or if it will be available to non-Kindle users.

Full article at source>

Share Button

by admin

New York Mint Introduces The Perth Mint Gold Koala Proof

May 14, 2013 in Australian Coins, Coins, Collecting, Gold, Gold Coins, Numismatica, Numismatics, Precious Metals, Proof Coins, World Coins

New York Mint Announces U.S. Exclusive 2013 High Relief 2 oz. Gold Koala Proof

Minneapolis, MN (PRWEB) May 13, 2013

New York Mint®, a leading source and direct marketer of high-value collectible coins, is The Perth Mint’s exclusive U.S. distributor for the 2013 2 oz. High Relief Gold Koala Proof set in 99.99% gold weighing in at 62.215 grams. The Perth Mint, the leader in creating high relief coin products, has designated New York Mint as the exclusive distributor for the High Relief 2 oz. Gold Koala Proof since the coin’s first release in 2008. The Gold Koala was first introduced in 2008 in response to overwhelming collector desire for an Australian gold coin series depicting the Mint’s popular Koala design theme. The demand for the 2 oz. Gold Koala High Relief Proof has remained strong – each of the releases from 2008 to present time has sold out at The Perth Mint!

The 2013 2 oz. High Relief Gold Koala will have a mintage of only 250 of which 200 are being sold by New York Mint to U.S. coin collectors. New York Mint sent its 200 Gold Koalas directly to one the top grading services, Professional Coin Grading Service (PCGS) and the coins were encapsulated and certified perfect Proof 70 (PF70), Proof 69 (PF 69) and Gem Proof. This legal tender coin includes a Koala on the branch of a Eucalyptus tree on the reverse and on the obverse, adorns Queen Elizabeth II with the $200 Australian denomination. The 2 oz. High Relief Gold Koala Proof includes a Perth Mint numbered certificate of authenticity.

New York Mint and The Perth Mint have been working together since 1995 to secure The Perth Mint’s most renowned coin pieces for New York Mint customers. “It is a distinct honor to be the exclusive U.S. distributor of the 2 oz. High Relief Gold Koala coin by The Perth Mint again in 2013. The Koala product is one of the most admired and celebrated numismatic coins in the world, and it is a privilege to offer this exclusive product to New York Mint customers,” said New York Mint President Bill Gale. New York Mint and The Perth Mint are continuing to work together on future Perth Mint product releases in 2013 and beyond.

Full article at source>

Share Button

by admin

Theodore Roosevelt and the Renaissance of American Coinage

May 14, 2013 in Coins, Collecting, Commemorative, Design, Education, Gold, Gold Coins, History, Numismatica, Numismatics, USA Coins

May 13, 2013 (http://www.kirotv.com)

Theodore Roosevelt  Presidential 1 Dollar Coin (2013)

Theodore Roosevelt Presidential 1 Dollar Coin (2013)

Back in December 1904, three years after he took office, Theodore Roosevelt sent a famous letter to Treasury Secretary Leslie Shaw that ushered in a new age of American coinage.

Here’s what he said:

 I think our coinage is artistically of atrocious hideousness. Would it be possible, without asking permission of Congress, to employ a man like Saint-Gaudens to give us a coinage that would have some beauty?

Roosevelt’s strong words are not surprising coming from a man of great passion and conviction who rarely did anything by half measure. The Saint-Gaudens referred to in the letter is, of course, Augustus Saint-Gaudens, a Roosevelt family friend who would go on to design the $10 and $20 gold pieces that are still beloved by collectors today.

Full article at source>

 

Share Button

by admin

From Legend Numismatics

May 13, 2013 in Coin Shows, Coins, Collecting, Market Report, News, Numismatica, Numismatics

A new Market Report and Hot Topics from Legend Numismatics are posted

Share Button

by admin

Aruba Coins Celebrate Accession of King Willem-Alexander

May 13, 2013 in Coins, Collecting, Commemorative, Gold, Gold Coins, Numismatica, Numismatics, Precious Metals, Proof Coins, Silver, Silver Coins, World Coins

May 10, 2013 By Michael Alexander (http://news.coinupdate.com)

The Centrale Bank van Aruba have launched  two new coins which celebrate the accession of Crown Prince Willem-Alexander who assumed the title of King on the 30th April. The Prince of Orange became both the Dutch and Aruban head of state upon the official abdication of his mother Queen Beatrix on that day. Willem-Alexander became Aruba’s second head of state as an independent nation which was attained in 1986.

The two coins, one gold and one silver, are struck at the Royal Dutch Mint and have denominations of 10 and 5 Florin respectively. The two coins share the same design on obverse with the new King facing towards the right in contrast to the former Queen facing to the left as is Dutch tradition with the portraits on coinage.

Full article at source>

Share Button

by admin

Gold Rate on Akshay Tritiya: Gold Rates in Mumbai, Delhi, Kolkata, Hyderabad, Bangalore

May 13, 2013 in Gold, Gold Bullion, Gold Coins, Investing, Precious Metals, World Coins

May 13th, 2013 by Rakesh (http://www.aegindia.org)

Mumbai: Akshay Tritiya has become one of the prominent festivals for Indians.  Indians believe that purchasing gold on this day is very auspicious and it grows multifold.  Special Pooja is performed for Goddess Lakshmi on this day.  This is one of the two auspicious days in the year to purchase gold.  The other is Dhanteras which falls in November month.

Every year jewelers gear up for the festival in advance.  Even banks sell pure gold coins and bars.  Bombay Stock Exchange and National Stock Exchange also extend their trading hours to sell goldexchange traded funds.  The price of gold was steadily increasing since last few years.  But this year the price is down since April.  It is expected that this will boost the sales of gold on Akshay Tritiya day by at least 40%.

Full Article at source>

Share Button

by admin

600-yr-old rare Mandu manuscripts, mandu, on display

May 13, 2013 in Ancient Coins, Antique Coins, Archaeology, Art, Coins, Currency, Education, History, Money, Numismatica, Numismatics, World Coins

DNA | May 12, 2013 (http://daily.bhaskar.com/)

Indore: The pictures of rare yet little known manuscripts Mandu (Dhar), presently kept at British Museum (London) would be exhibited by Academy of Indian Numismatics and Sigillography in the city under an exhibition which gets underway from Sunday.

Talking to DNA, coordinator of the academy, SK Bhatt said that people know about majestic architecture of Mandu- a well known historical site in Dhar- but very few know about 600-year-old rare manuscripts of that place.
“During the 16th century, Mandu was a prominent centre for knowledge and learning in the country and three manuscripts Nimatnama (on cookery), Mistafuzla (dictionary of 187 words) and Azab-e-Sana (wonders of world) were scripted in that era,” said Bhatt.
Nimatnama was based on the art of cooking and it contained 303 folios (pages) which elaborated on art of cooking of those times, utensils used, earthen stoves, recipes etc.
The fort which is known as Asharfi Mahal was the university at Mandu. Noted scholar Aristotle used to call learned person as ‘Man of Gold’ which was called Asharfi in Persian, Bhatt said.
The ardent historian, Bhatt, had clicked snaps of these manuscripts at British Museum (London) in 1986.
In a bid to unravel other mysteries, the exhibition would display pictures of four-faced Brahma statue from Mandsaur.
The exhibition would also shed light on ancient forms of currency, which was prevalent before introduction of formal coins. This includes proto money mentioned in Rig Veda which narrates the journey of stone money to coins.
Share Button

by admin

Weekly Round-Up: Strong Dollar Pushes Down Gold, Silver and Copper

May 12, 2013 in Copper, Gold, Investing, News, Silver

Friday May 10, 2013, By Staff Writer – Exclusive to Resource Investing News (http://resourceinvestingnews.com)

A stronger dollar, helped by a decline in the number of Americans filing jobless claims, rising stocks markets and a breach of key chart levels, triggered heavy selling of US futures this week,said Reuters. Gold dropped to a two-week low on Friday after climbing $24.90 on Wednesday, to $1,473.70, while silver prices, cued by dropping gold prices, similarly fell at the end of the week, continuing on a seven-month downtrend.

Full Article at source>

Share Button

by admin

Technology Changes How Collectors of Coins and Precious Metals Investors do Business: Modern Coin Mart Launches New Go2MCM App for iPad

May 12, 2013 in Coins, Collecting, Gold, Gold Bullion, Gold Coins, Ipad Apps, Iphone Apps, Precious Metals, Silver, Silver Coins, USA Coins, World Coins

With a growing number of collectors and investors purchasing coins and physical silver, gold, and platinum online, technology is keeping pace to meet the increased demand.

Sarasota, FL (PRWEB) May 11, 2013 (http://www.prweb.com)

ModernCoinMart (MCM), a division of John Maben Rare Coins, Inc., of Sarasota, Florida, has laid a benchmark in the 21st century coin market as being among the first major retailers in modern coins and bullion to launch their own iPad store application.

Designed and developed by a partnership between Arkansas based Amos Digital and MCM tech staff members, ‘Go2MCM’ is the name given to this free application available for immediate download on iTunes, the Apple, Inc. download center for approved applications.

Go2MCM not only conveniently brings the entire inventory of ModernCoinMart to iPad tablet users, but will also provide product and educational videos as well as article feeds pertaining to the modern coin and bullion market. Go2MCM also provides a live precious metals pricing feed (during active markets) with many items utilizing live feed pricing.

Full article at source>

To contact Modern Coin Mart directly, call toll-free, 1-800-362-9004, or visit their website at http://www.moderncoinmart.com.

Share Button
Translate »