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Weekly Numismatic World News for September 24, 2017

September 25, 2017 in Blogs, Coins, Collecting, Education, Fun, Investing, News, Numismatica, Numismatics, Palladium, Palladium Coins, Precious Metals, Silver, Silver Coins, US Mint, USA Coins

By: Scott Barman Coin Collectors Blog (CoinsBlog.ws)

On Monday, the U.S. Mint will begin selling palladium bullion coins to authorized purchasers. The opening price will probably be $976.44 per coin, which is 6.25-percent over the spot price of $919 per troy ounce. Metal prices have not followed a path that market watchers are familiar with. Platinum is usually more expensive per troy […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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PMANA requests House Committee on Ways and Means to bring fairness to the taxation of precious-metal coins and bullion

July 28, 2017 in Blogs, Bullion, Coins, Education, Gold, Gold Bullion, Gold Coins, History, Investing, Legislation, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Politics, Precious Metals, Press Releases, Silver, Silver Coins, US Government, US Mint, USA Coins

By: Mint News Blog Mint News Blog (http://mintnewsblog.com)

The following press release is courtesy of the Precious Metals Association of North America (PMANA).


(Washington, D.C.)—Discussions surrounding tax reform have heightened in recent weeks, and the Precious Metals Association of North America (PMANA) has offered testimony before the House Committee on Ways and Means asking for a change in the Internal Revenue Code that would bring fairness to precious-metals bullion and coin investors, while also creating smart investment opportunities for Americans.

Since 1982, gains made on precious-metals bullion have been taxed at the ordinary income rate due to language defining such bullion as a “collectible.” Congress has made numerous attempts to… Full article at the source>

Source: Mint News Blog (http://mintnewsblog.com)

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Metals Break Out Higher

August 13, 2015 in Blogs, Gold, Gold Bullion, Investing, News, Numismatica, Numismatics, Opinion, Platinum, Precious Metals, Silver

By: American Federal American Federal Rare Coin and Bullion

Platinum booklet tilted left

The Precious metals have finally broken out of the downturn and everything points towards a continuing rally.

I mentioned the fact that gold, silver and platinum would likely move higher in the near future on my weekly radio show “Good as Gold” here in Phoenix (You can actually listen from anywhere in the country by visiting my website www.goodasgoldadvice.com.) On air I talked about the metals being in a much oversold position. The bullish sentiment actually reached 0%! This is something that has only happened a few times in recent history, once when gold crashed in 2008… Full article at the source>

Source: American Federal Rare Coin and Bullion

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