You are browsing the archive for 2015 December.

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Michael Fuljenz, America’s Gold Expert®, Makes Seven “Fearless Forecast” Predictions For 2016

December 30, 2015 in Gold, Gold Bullion, Gold Coins, Investing, Numismatica, Numismatics, Opinion, Precious Metals, Press Releases, Rare Coins, Silver, Silver Coins

For immediate release
December 30, 2015

News media contact:
Paul Stein, (409) 860-9077 PaulS@thecoingroup.com

Michael Fuljenz, America’s Gold Expert®, Makes
Seven “Fearless Forecast” Predictions For 2016

 

Michael Fuljenz, President of Universal Coin & Bullion

Michael Fuljenz, President of Universal Coin & Bullion

Award-winning precious metals and rare coins writer and dealer Michael Fuljenz predicts continued strong public demand for physical gold in 2016 and believes the uncertainty of presidential election politics will help push gold prices higher in the coming year.

(Beaumont, Texas) – Presidential election year politics will disrupt markets, leading to a strong year for physical gold and rare coins in 2016, and a drop in the Dow Jones stock market average, predicts Michael Fuljenz, an award-winning precious metals and numismatic writer and President of Universal Coin & Bullion in Beaumont, Texas (www.UniversalCoin.com).

“Nothing is guaranteed and almost anything can happen, of course, but I predict that new supplies of gold will decline from last year’s levels due to the cost of mining versus the price gold.  However, the public’s demand for physical gold, such as American Eagle and Canadian Maple Leaf gold coins, will rise even higher from 2015’s impressive levels,” Fuljenz stated.

He predicts gold could rise to $1,200 or as high as $1,300 in 2016 depending on the strength of the U.S. dollar compared to other global currencies and the continued strong purchasing of gold by central banks.

Fuljenz emphasizes the long term strength of gold, noting that at the end of 2015, gold was about 270 percent higher than it was in 2000 while the Dow Jones average was only about 50 percent higher.  Compared to 2005, gold was about 140 percent higher and the Dow average was up by about 75 percent.

In his latest weekly, free Metals Market Report, he makes seven “Fearless Forecast” predictions.

  • New gold supplies will likely decline from 2015 to 2016.  This past year was likely the “peak year” of global mining production.  Lower supplies and/or rising demand will lead to higher prices in 2016.
  • The tensions in the Middle East, particularly in Syria and Iraq (vs. ISIS) will escalate. This will push gold prices higher in “spurts” at first, and then more consistently as seemingly isolated terrorist acts take place around the world.
  •  Physical demand for gold will rise from 2015’s record levels, pushing gold higher.  The United States Mint, the Royal Canadian Mint and other global suppliers of gold bullion and gold coins will once again run short from time to time, rationing coins to dealers or delaying delivery, perhaps pushing premiums up.
  • The dollar will peak by mid-2016 and then decline toward the end of the year, in terms of other major currencies , such as the euro, the pound and the yen, pushing gold up in terms of the dollar.  The Fed will likely not raise rates more than once in 2016, due to the deteriorating U.S. economy and the threat of deflation.
  • Rare coins will likely outpace gold bullion in 2016.
  • Politics will disrupt markets, leading to a strong year for gold and rare coins, and a drop in the Dow Jones average. 
  • Wall Street will turn favorable toward gold.

The full Michael Fuljenz Metals Market Report is available free online at www.UniversalCoin.com.

Known as America’s Gold Expert®, Universal Coin & Bullion President Michael Fuljenz has won dozens of prestigious national and regional awards and honors for his consumer education and protection work in rare coins and precious metals, including Book of the Year honors.  A respected community leader in his hometown of Beaumont, Texas, Mike also has served with distinction as a consultant to the Federal Trade Commission, United States Mint and Royal Canadian Mint, and is on the Boards of Directors of the influential Industry Council For Tangible Assets, Crime Stoppers of Beaumont, Texas and is a member of the prestigious Professional Numismatists Guild.

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Leave it to the Experts

December 29, 2015 in Ancient Coins, Blogs, Coins, Collecting, Education, Errors, History, Numismatica, Numismatics, Opinion, Rare Coins, Silver, Silver Coins, World Coins

By: Wayne G. Sayles Ancient Coin Collecting (Wayne G. Sayles)

Where in the world does the press come up with their “experts” on cultural property matters? The latest brazen show of ignorance appears in a citation by “leading world museums and the U.N. Cultural agency” in a supposedly expert warning distributed through a plethora of media outlets by Associated Press.

 The photo caption above describes an Islamic gold dinar of the Marinid dynasty as one of the cultural treasures from Libya that needs to be watched for. Unfortunately, the image accompanying this caption is a silver tetradracm of Nikis, a magistrate of Cyrene… Full article at the source>

Source: Ancient Coin Collecting (Wayne G. Sayles)

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Notes From World War II: The HAWAII $1 Bill

December 29, 2015 in Bank Notes, Education, History, Money, News, Numismatica, Numismatics, Paper Money

By: Dennis Tucker News.CoinUpdate.com (Coin Update News)

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face of HAWAII note, © 2015 Whitman Publishing, LLC

Do you have an old cigar box or wallet that Grandma and Grandpa tucked away with money and mementoes from World War II and the post-war years? You might very well find a curious $1 bill with the word HAWAII splashed across the front and back.

Where did these unusual notes come from?

“After the attack on Pearl Harbor by the Japanese, December 7, 1941, the future of the Hawaiian Islands was uncertain,” write Q. David Bowers and David M. Sundman in 100 Greatest American Currency Notes. “The navy… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Did You Get a Gold Dollar in Your Stocking?

December 28, 2015 in Antique Coins, Coins, Collecting, Dollar Coins, Education, Gold, Gold Coins, News, Numismatica, Numismatics, Rare Coins, USA Coins

By: Dennis Tucker News.CoinUpdate.com (Coin Update News)

GoldBookSmall

Back in the olden days, gold dollar coins (minted from 1849 to 1889) were popular holiday and birthday gifts. Today the most common of these little coins is worth at least $300 in Mint State, so you’re less likely to find one in your Christmas stocking—but they’re still popular among coin collectors.

If you’re interested in U.S. gold, I highly recommend the second edition of A Guide Book of Gold Dollars, by Q. David Bowers, for an immersion in this fascinating and highly collectible series. Bowers shares tips for smart collecting: how to judge quality, determine value, understand the… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Ascension Island’s New Crown Coin Pays Tribute to Patriotic Song, “Rule Britannia”

December 28, 2015 in Coins, Coins for sale, Collecting, Commemorative, Cupro-Nickel Coins, Education, New Releases, News, Numismatica, Numismatics, Precious Metals, Proof Coins, Silver, Silver Coins, World Coins

By: Michael Alexander News.CoinUpdate.com (Coin Update News)

AScensionBOth
 The Treasury of the Government of Ascension Island has issued a new coin commemorating the 275th anniversary of the composition of the patriotic song, “Rule Britannia.” The song originates from a poem written by James Thomson of the same name, which was set to music in 1740 by Thomas Arne. The song has always been strongly associated with the United Kingdom’s Royal Navy, but was also used by the British Army. This tune was first performed at Cliveden, the country home of Frederick Prince of Wales, father of HM King George III, on August 1, 1740….Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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What’s Hot, What’s Not: The US Rare Gold Coin Market in 2015/2016

December 26, 2015 in Blogs, Coins, Collecting, Education, Gold, Gold Coins, Numismatica, Numismatics, Opinion, Rare Coins, USA Coins

By: Doug Winter RareGoldCoins.com (Douglas Winter Numismatics)

As is tradition at DWN, at the end of every year we summarize our experiences buying and selling choice and rare United States gold coins and attempt to predict what will be the “hot” and “not so hot” areas in the market. We base this primarily on our experience: determining what sells quickly off our website (www.raregoldcoins.com), which coins get multiple orders, what sort of feedback we get from collectors, the want lists we receive, our experiences(s) at shows and auctions, and good old “gut instinct.”

I would regard 2015 as a mixed year for the coin market but an… Full article at the source>

Source: RareGoldCoins.com (Douglas Winter Numismatics)

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France 2015 Christmas Truce 5 oz. Silver and 1/4 oz. Gold Proof Coins

December 24, 2015 in Blogs, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Education, Euro Coins, France Coins, Gold, Gold Coins, History, New Releases, News, Numismatica, Numismatics, Precious Metals, Proof Coins, Silver, Silver Coins, World Coins

By: Dan Holmes world.mintnewsblog.com (News and Commentary on World Coins)

FranceTruceIOBMID

The Monnaie de Paris has issued its 2015 Great War Christmas Truce Proof Coins as part of an ongoing series honoring the centenary of World War I. The design comes in a five-ounce silver version, which costs €435 and has a mintage limit of 500 pieces, and a 1/4-ounce gold issue, which costs €480 and has a mintage limited to 1915 coins.

The new coin’s design highlights the war’s impact on families at Christmastime. The obverse carries an image of a woman decorating a tree with her children; the girl is portrayed… Full article at the source>

Source: world.mintnewsblog.com (News and Commentary on World Coins)

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Wishing All of Our Readers a Very Happy Holiday Season

December 24, 2015 in Coins, Collecting, Education, Fun, History, News, Numismatica, Numismatics, Rare Coins, USA Coins, World Coins

By: Michael Alexander News.CoinUpdate.com (Coin Update News)

christmas coin 2015SMall

It’s been my pleasure to report on over 220 numismatic items and events for 2015, and I look forward to doing the same in 2016. As we embark on some very interesting and exciting new coin projects from various world mints and national banks in the coming year, Coin Update and myself will be there to bring you the very latest information about new coins and numismatic projects.

Our beloved hobby is by far one of the most diverse and international in terms of producers, issuers, dealers, and of course our all-important collectors; we are very proud of our… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Collecting on a Budget: Affordable Lincoln Wheat Cents

December 24, 2015 in Antique Coins, Cents, Coins, Coins for sale, Collecting, Collector Sets, Copper, Copper Coins, Education, History, News, Numismatica, Numismatics, Pennies, USA Coins

By: Dennis Hengeveld News.CoinUpdate.com (Coin Update News)

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We are continuing our series on affordable options for the (beginning) collector with one of the most popular coin series in America. The Lincoln Wheat Cent series was first struck in 1909, and continued to be struck until 1958. A complete set is an attainable goal for many collectors, but can be daunting, as 144 different date/mintmark combinations are needed, some of which can become quite pricey. In this article I will suggest five coins that a collector might reasonably expect to purchase for less than $100. As we can see, some options only cost $20 or so, but prices… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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The world’s strangest currencies

December 23, 2015 in Blogs, Education, Fun, History, Numismatica, Numismatics, Perth Mint, World Coins

By: Blog Team Perth Mint Blog

Before the invention of coins, people around the world used a diverse range of objects as money.

Different societies invested such objects with fixed values in order to provide a more flexible means of exchange than straightforward barter.

Useful things that acquired monetary value at certain times have included Indian almonds, Scandinavian dried fish, and Mexican cacao beans.

[A throwback to those days of old was the use of rum as a form of currency in early New South Wales where there was very few coins.]

The path to finding the best form of money was long and riddled with trial and error, because… Full article at the source>

Source: Perth Mint Blog

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Ascension Island’s Blue Crown Coin Honors Anniversary of Tu’penny Blue Stamp

December 22, 2015 in Coins, Coins for sale, Collecting, Commemorative, News, Numismatica, Numismatics, Silver, Silver Coins, World Coins

By: Michael Alexander News.CoinUpdate.com (Coin Update News)

ascension 2015 penny blue crownBOTH

The Treasury of the Government of Ascension Island has issued a new coin commemorating the 175th Anniversary of the well-known Two Pence Blue stamp, also known as the Tu’penny Blue. A special colored coin is being released on behalf of this anniversary.

In 1990, with the release of the Penny Black Crown, the two worlds of numismatics and philately were successfully brought together. This coin proved exceptionally successful, as did many coins issued later that featured special stamps.

It was Sir Rowland Hill who promoted the concept of a single, uniform charge for the delivery of post regardless of distance within the… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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U.S. Mint Posts 2016 Product Schedule

December 22, 2015 in Coins, Coins for sale, Collecting, Collector Sets, Commemorative, New Releases, News, Numismatica, Numismatics, US Mint, USA Coins

By: Coin Update News.CoinUpdate.com (Coin Update News)

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2016 Birth Set (left) and 2016 ATB Silver Proof Set (right).

The U.S. Mint has posted its schedule for 2016 product releases. Though it’s not yet complete and will no doubt be subject to various adjustments in the coming months, it does provide a good sense of what we can look forward to over the course of the coming year. The chart below first appeared on Mint News Blog and provides specific release dates for many issues, while grouping those that have yet to be scheduled under the heading, “To Be Determined.”

The Mint will be off and running in… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Looking Ahead to 2016

December 21, 2015 in Auctions, Clubs and Associations, Coin Shows, Coins, Collecting, Conventions, News, Numismatica, Numismatics, Seminars, USA Coins, World Coins

By: Dennis Hengeveld News.CoinUpdate.com (Coin Update News)

2016_Winged_Liberty_Head_Gold_MergedSMALL

With 2015 nearing its end and 2016 right around the corner, it is time for our yearly preview of coin shows, auctions, and products that are in the works for next year. Of course, we could never give a full preview of all that’s in store, but we will do our best to give a comprehensive idea what collectors can expect for 2016.

As always, the year kicks off in high fashion with the first major show of 2016: the 61st FUN (Florida United Numismatists) winter show, which has moved to Tampa, Florida this year and will be held… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Review of the 7th Edition of Travers’ Coin Collector’s Survival Manual

December 21, 2015 in Books, Coins, Collecting, Education, History, News, Numismatica, Numismatics, Opinion

By: Michael Bugeja News.CoinUpdate.com (Coin Update News)

travers

As a coin collector for more than 50 years, I have a very select library. For years, Scott Travers’ The Coin Collector’s Survival Manual was a must-have work that informed and enhanced my numismatic education. Viewers of Coin Update know about my background in coins, including serving as a columnist for Coin World and as a former member of the Citizens Coinage Advisory Committee. Many also know that I am a journalism educator and author of media ethics and technology books, including works by Oxford University Press.

In fact, I am in the process of writing the second edition of… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Canada Releases “Winter Freeze” 1 oz. Silver Coin

December 17, 2015 in Canadian Coins, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, History, New Releases, News, Numismatica, Numismatics, Precious Metals, Royal Canadian Mint, Silver, Silver Coins, World Coins

By: Coin Update News.CoinUpdate.com (Coin Update News)

CanadaIceBoxSMALL

The Royal Canadian Mint has issued the 2015 Weather Phenomenon: Winter Freeze 1 oz. Fine Silver Coin, which is composed of 99.99% silver, has a diameter of 38 mm, and costs $99.95 CAD. Its mintage limit has been set at 8,000 pieces, and the Mint’s Web site points out that 80% of these have already been sold, leaving no more than 1,600 units remaining for purchase.

 

The reverse of the coin was created by Tony Bianco and Arnold Nagy and boasts the first time the R.C.M. has applied an enhanced finish, employed for the purpose of rendering… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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New “Star Wars Classic” Han Solo Gold and Silver Coins From New Zealand

December 16, 2015 in Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Entertainment, Gold, Gold Coins, History, New Releases, New Zealand Coins, New Zealand Mint, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, World Coins

By: Coin Update News.CoinUpdate.com (Coin Update News)

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The New Zealand Mint has issued the second character design in its new Star Wars Classic series after featuring Darth Vader on gold and silver coins back in September. This time, the coins carry an image of Harrison Ford’s Han Solo frozen in carbonite, referencing the famous scene from Star Wars Episode V: The Empire Strikes Back. The Star Wars Classic: Han Solo design is available as a 1 oz. gold coin, a 1 oz. silver coin, and a 1/4 oz. gold coin; each coin comes with a stylized case and a… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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UK’s Royal Mint Issues Exclusive Star Wars Medals

December 15, 2015 in Collecting, Collector Sets, Commemorative, Copper, Medals, News, Numismatica, Numismatics

By: Coin Update News.CoinUpdate.com (Coin Update News)

SW15VPMC_01_whiteSMALL

The Royal Mint has issued exclusive collector medals in advance of the upcoming Star Wars film, The Force Awakens. Featuring “Vehicles” and “Battles” respectively, these releases are each limited to 10,000 units and are available for £15.50.

The covers of these medals are also collector’s items, produced as part of a collaboration between the Mint and the Royal Mail, with each cover bearing a unique serial number.

The obverse of the Vehicles medal features an image of the Millennium Falcon with the inscription THE FASTEST HUNK OF JUNK IN THE GALAXY placed along the rim. The… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Austria Announces its First Coin for 2016: The Vienna Opera Ball

December 10, 2015 in Austrian Coins, Coins, Coins for sale, Collecting, Commemorative, History, New Releases, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, World Coins

By: Michael Alexander News.CoinUpdate.com (Coin Update News)

Austria 2016 20 euro Opera Ball pairBOTH

The Austrian Mint has announced that its first coin dated 2016 will be dedicated to one of the country’s most anticipated cultural events of the year: the Vienna Opera Ball. Considered one of the most elegant and quintessentially “Austrian” events in the social calendar, the Vienna Opera Ball celebrates its 60th anniversary in 2016, though its origins span much further back in the country’s history.

The Opera Ball has existed since 1814 when it was first hosted by the Imperial Court of the Habsburg dynasty. The outbreak of the Second World War and the subsequent adversity faced by war-torn Vienna forced… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Money of the Bible: A “Numismatic Chronicle of Events” That Astounds and Enlightens

December 10, 2015 in Ancient Coins, Archaeology, Books, Coins, Collecting, Education, Entertainment, History, News, Numismatica, Numismatics, World Coins

By: Dennis Tucker News.CoinUpdate.com (Coin Update News)

Money of the Bible

Cover of Money of the Bible, 3rd ed

Money of the Bible has established itself as a most valuable reference and sumptuous art book dedicated to both numismatics and Biblical studies,” wrote Dr. Paul Rynearson in this outstanding book’s foreword. “You will discover fascination on every page.”

The remarkable volume by Kenneth Bressett was awarded the Numismatic Literary Guild’s top prize of “Best Specialized Book, World Coins.”

It’s not only professional numismatists and researchers who give the book high praise. These comments are from reviews posted by everyday collectors on Amazon.com:

“Well worth the price and a GREAT coffee table book.”… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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2015 American Eagle Platinum Proof Coin Sells Available Inventory in Minutes

December 4, 2015 in Bullion, Coins, Coins for sale, Collecting, Investing, New Releases, News, Numismatica, Numismatics, Platinum, Precious Metals, Proof Coins, US Mint, USA Coins

By: Dan Holmes News.CoinUpdate.com (Coin Update News)

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Last week, the Mint made a surprise announcement the day before Thanksgiving: the 2015 American Eagle One Ounce Platinum Proof Coin would be released days later, despite the Mint’s reported problems procuring the platinum planchets necessary to move forward with the issue. In part because of this planchet shortage, the coin was given the low mintage limit of 4,000 pieces; when it was released today at noon, it wasn’t long before collectors exhausted the available inventory.

The 2015 Platinum Proof Coin went into “Currently Unavailable” status on the Mint’s Web site less than 10 minutes after it… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Austrian Mint to Release 2016 Vienna Opera Ball Silver Coin

December 2, 2015 in Austrian Coins, Austrian Mint, Blogs, Coins, Coins for sale, Collecting, Commemorative, History, New Releases, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, World Coins

By: Dan Holmes world.mintnewsblog.com (News and Commentary on World Coins)

Pkg Opera BallSMALL

On January 20, the Austrian Mint will release its 2016 Vienna Opera Ball silver coin, which is composed of 18 grams of .900 fine silver and has a mintage limited to 50,000 pieces. The coin is being issued to celebrate the 60th Anniversary of the Vienna Opera Ball’s return following a hiatus of 17 years that began with the start of World War II.

The obverse of the coin features a young man preparing to kiss the hand of a debutante in front of opera house. The lady carries pink flowers that serve as a colorful… Full article at the source>

Source: world.mintnewsblog.com (News and Commentary on World Coins)

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The Monkey King – a colourful character from classical Chinese literature

December 2, 2015 in Australian Coins, Blogs, Coins, Coins for sale, Collecting, Commemorative, History, New Releases, News, Numismatica, Numismatics, Perth Mint, Precious Metals, Press Releases, Silver, Silver Coins, World Coins

By: Blog Team Perth Mint Blog

MonkeyKingSilverCoin

Sun Wu Kong, also known as the Monkey King, is a major character in Journey to the West, one of the Four Great Classical Novels of Chinese literature. It recounts the legendary pilgrimage of the Tang dynasty Buddhist monk Xuanzang, who travelled westwards with three protectors, one of whom was Sun Wu Kong. Published in the 16th century, the popular tale combined comic adventure and profound insight as the group journeyed towards enlightenment aided by the power and virtue of cooperation.

Struck from 1oz of 99.9% pure silver, this new Monkey King coin celebrates one of China’s most enduring… Full article at the source>

Source: Perth Mint Blog

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2015 Silver Eagles Break Annual Sales Record

December 2, 2015 in Bullion, Coins, Coins for sale, Collecting, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

By: Coin Update News.CoinUpdate.com (Coin Update News)

2015-Silver-Eagle-Apmex-MergedCleanSmall

Sales of 2015 American Eagle Silver bullion coins have broken last year’s record of 44,006,000 ounces sold in a single year. As of this writing, the Mint lists total sales for 2015 ASE bullion coins at 44,666,500 ounces.

Demand for American Eagle Silver bullion coins has picked up again after a brief lull, and the total weekly allocation for the issues has been claimed by buyers during each of the last three weeks. The 2015 Silver Eagles still have some time to continue building upon this year’s record-breaking sales total as the Mint will continue… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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