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The
Banker's Hoard Auction by Teletrade Teletrade - 02-06-2006
The Banker's Hoard is a unique Teletrade
auction to be held on February 9, 2006. Comprising of superb quality Proof
Mercury dimes and Proof Walking Liberty half dollars. Registry Set builders,
collectors, dealers, and investors will find more than 150 superior quality,
low population coins offered, with many NGC or PCGS certified Proof-68. .
Have
Commodities Become the New Tech Stocks? NY Times - 02-06-2006
RETURNING to basics has been a major theme
in the markets. If investors in the late 1990's took a bold leap into the
future with technology stocks ? off a high ledge, as it turned out ? they are
now embracing age-old economic mainstays like copper, lumber, oil and gold..
Exceptional
Gold Glitters in Heritage's Palm Beach Signature
Auction! Heritage Press Release - 02-07-2006
Dallas, Texas: Heritage Auction Galleries'
Palm Beach Signature Auction (March 2 & 3) offers an incredible array of
American gold numismatic rarities, in addition to important coins from a wide
range of collector specialties. The auction will be held at the Palm Beach
Convention Center, 650 Okeechobee Boulevard at Florida Avenue, West Palm Beach,
Florida..
Spot
gold posts biggest one-day fall since 1993 Yahoo News - 02-07-2006
NEW YORK (Reuters) - Spot gold posted its
biggest one-day decline in dollar terms in nearly 13 years on Tuesday, as heavy
profit taking by investment funds and speculators pummeled the metals markets.
Spot gold was down $19.60 or 3.27 percent at $550.40 an ounce by midafternoon
in New York. That compared with Monday's New York close of $570.00/570.90. The
move was the biggest single-day fall since August 1993, according to Reuters
charts..
NY
precious metals fall sharply on profit taking Reuters - Yahoo -
02-07-2006 NEW YORK, Feb 7
(Reuters) - U.S. gold futures fell more than 2 percent and other precious
metals also plummeted in a broad-based sell-off Tuesday morning as investors
cashed in on the market's recent rise to multiyear highs. Palladium futures
tumbled more than the other metals, losing almost 7 percent by midmorning..
The
perfect setting - Collectors continue to enjoy history-related
settings StateQuarters.com - 02-07-2006
The release of the 2006 Nevada quarter
dollar, the 40th coin design in the State quarters program, might give some
collectors the opportunity to remember what it was like in the early years of
the program. The official launch ceremony for the Nevada quarter on Jan. 31 in
Carson City, as many other such ceremonies, had lots of help from citizens and
businesses in the area. .
Reiver
Collection tops $8.5 million in nine sessions Coin Values - 02-07-2006
The Jules Reiver Collection of U.S. Coinage
realized $8,534,146 in nine sessions spread over five days, Jan. 24 to 28, at
the Dallas headquarters of Heritage Galleries and Auctioneers, the firm
reported. The auction, held without reserve, drew 2,815 bidders, 654 of whom
were successful, for 4,642 total lots. .
Alexander
the Great-era coins stolen from Bulgarian museum
Makfax -
02-07-2006 Nearly EUR 1.2
million worth of antique jewelry and coins dating from the ancient Macedonian
kingdom, have been stolen from a museum in Veliko Trnovo, Bulgarian officials
said. The overall booty comprising jewelry, 11.000 coins including 230 golden
coins from Hellenistic era and 68 staters dated from Filip-era and the reign of
his son Alexander the Great..
Collectors
Universe to Announce Second Quarter Fiscal 2006 Earnings on February 9,
2006 Press Release - 02-07-2006
NEWPORT BEACH, Calif., Feb. 7
/PRNewswire-FirstCall/ -- Collectors Universe, Inc. today reported that it will
release second quarter fiscal 2006 earnings on Thursday, February 9th after
market close.Collectors Universe will host a conference call to discuss results
on February 9th, at 5:00 PM ET..
5th
century copper coin discovered at Banavasi Deccan Herald - 02-07-2006
On one side of the coin, there is an
inscription ?Srimanaragi? in Kannada script and on the other side, the symbol
of Ujjayini is inscribed, says Dr Gopal, director, Department of Archaeology
and Ancient History. An ancient copper coin dating back to 5th century with an
inscription in the Kannada script has been discovered at Banavasi, which was
once the capital of Kadamba rulers..
How to
Get Rich: Collecting Coins WASW - 02-07-2006
Bill Brandimore's been collecting coins
since he was a kid. "The whole idea is the value you receive from learning
about the coin, learning the stories behind them." Brian Krusem, owner of
Liberty Bell Coin Investments, says it's a reasonable hobby for everyone..
Masterpieces
to appear on coins ABC News - 02-07-2006
The Royal Australian Mint and the National
Art Gallery have combined to preserve the works of four Australian artists on
silver coins. Masterpieces by Sidney Nolan, Jeffrey Smart, Brett Whiteley and
Russell Drysdale were selected to feature on the coins. The Royal Australian
Mint spokesperson Vivienne Thom says only 10,000 collector sets will be sold. .
First
gold fund under consideration Shanghai Daily - 02-07-2006
The China Gold Association is considering
forming the country's first gold fund with partners. "Some association members
have discussed the program to start a gold fund to tap China's gold market,"
Hou Huimin, vice chairman of the Beijing-based association, said yesterday.
"It's still only a proposal at this stage and we have not yet contacted banks
or gold companies about further moves." .
A token
farewell Washington Times - 02-07-2006
Transit tokens have jingled in the pockets
of Bostonians since 1837, from the silver-colored coins of the horse-drawn
Roxbury Coach to the worn brass discs thathavebeen plunked into MBTA turnstiles
since 1951. But soon, in the city that is home to the nation's first subway,
where folk singers have rhapsodized about public transportation, tokens won't
be good for a ride. .
Kadamba
era coin found NewIndPress - 02-07-2006
MYSORE: Litterateurs and Kannada activists
fighting for classical status for the language have a reason to smile, as a
Mangalore-based archaeologist and numismatist has found a Kadamba age copper
coin bearing Kannada letters on it, dated 5th century AD, to support their
claim for classical tag to Kannada. .
Copper
reaching historic highs Numismatic News - 02-07-2006
Any old pre-1983 small cent now has at
least 1.45 cents? worth of copper in it. Surprised? With copper at historic
highs of $2.24 a pound, the circulating inventory of billions of mostly copper
one-cent pieces produced in the 20th century is in jeopardy of being melted for
its metal content (Believe it or not, some are still being used, others ended
up in the proverbial sock drawer)..
BEP
apologizes for Internet site crash Numismatic News - 02-07-2006
?We sincerely apologize,? said Kevin Brown,
marketing manager for the Bureau of Engraving and Printing about the crash of
its Web site Jan. 24 at the beginning of order taking for 500 $50 Premium
Federal Reserve Sets..
Central
Bank to substitute RD$10, RD$20 bills with coins
Dominican Today -
02-07-2006 Santo Domingo.-
The Central Bank is already in possession of the coin models to replace the
RD$10 and RD$20 bills, in pursuit of facilitating the flow of money with lower
value. The RD$10 and RD$20 coins will soon circulate across the country
together with RD$1.00 and RD$5.00 denominations, though the exact date is yet
to be disclosed. .
Franklin
commemoratives sell out Numismatic News - 02-07-2006
Enough orders have been taken to declare a
sellout of the two Benjamin Franklin commemorative silver dollars. A total of
50,000 Founding Father proof coins are being held back for the 2006 U.S. Mint
American Legacy Collection to be offered later this year. .
COP
ARREST MAN OVER A SILVER COIN NewsWithViews - 02-07-2006
Derby, New York businessman Dan Buczek 55,
and 7 family members and friends were enjoying an evening out like thousands of
other Buffalo, New York area hockey fans on Dec. 26, 2005?cheering their
favorite Buffalo Sabres on to victory over the New York Islanders. During the
course of the evening, Buczek's daughter Amanda and her boyfriend, Joel Lattuca
went to the HSBC refreshment stand to buy a beer and a hotdog. .
Get
ready for CPMX March 9-12 BankNote Reporter - 02-07-2006
The 12th annual Chicago Paper Money Expo
will take place March 9-12 at the Crowne Plaze Chicago O?Hare, located at 5440
North River Road, Rosemont, Ill. An 85-dealer bourse, a paper money auction by
Lyn Knight Currency Auctions and several educational and hobby organization
meetings are scheduled. .
Nevada
up first Numismatic News - 02-07-2006
Pony Express delivered the coins, and Mark
Twain gave them away. So went the launch of the first state quarter of 2006,
Nevada. On the steps of the State Capitol Building in Carson City on Jan. 31,
dignitaries such as Nevada Gov. Kenny Guinn, Nevada Treasurer Brian Krolicki
and Acting U.S. Mint Director David Lebryk helped usher in the new quarter..
A
month's wages in one mancus Telegraph News - 02-08-2006
The Anglo-Saxons had only two coins, the
silver pennig (penny) and the gold mancus.The former was the equivalent of a
day's wages for a skilled worker, such as a craftsman or a soldier. The latter
was worth 30 days' wages.The rural unskilled would not be paid in coins. Trade,
as far as it went, meant paying produce and goods to a landlord and sometimes
receiving similar from him..
ESCALA
GROUP, INC. ANNOUNCES FISCAL YEAR 2006 SECOND QUARTER AND FIRST-HALF EARNINGS
Press
Release - 02-08-2006 Escala
Group, Inc. (Nasdaq: ESCL) today announced financial results for the fiscal
2006 second quarter and six months ended December 31, 2005. Net income for the
second quarter was US$10.1 million, or US$0.35 per diluted share, compared with
net income of US$7.7 million, or US$0.27 per diluted share, for the second
quarter of fiscal 2005..
Britain's
hoard of ancient coins Guardian - 02-08-2006
The British Museum today unveils the most
expensive coin in history. The ninth-century coin depicts Coenwulf, the ruler
of the Anglo-Saxon kingdom of Mercia from 796 to 821, and it is thought to be
the oldest example of gold currency commemorating a British ruler - which helps
to explain why the museum paid ?357,832 to the anonymous person who found it
near Bedford in 2001..
Fake
notes fewer than presumed JoongAng Daily - 02-08-2006
February 09, 2006 ㅡ A diplomatic
source in Seoul said yesterday that Washington estimates the amount of North
Korean-produced counterfeit U.S. currency in circulation at about $50-60
million. He said, evidently taking it for granted that the fake banknotes were
produced in North Korea, that the sophistication of the so-called "supernotes"
is enough in itself to conclude that the counterfeiting is supported by the
North Korean government..
Collectors
Universe to Present at the Roth Capital Partners 18th Annual Growth
Conference Press Release - 02-08-2006
EWPORT BEACH, Calif., Feb. 8
/PRNewswire-FirstCall/ -- Collectors Universe, Inc. will present at the Roth
Capital Partners 18th Annual Growth Stock Conference. The conference is being
held February 20-22, 2006 at The St. Regis Monarch Beach Resort and Spa at Dana
Point, CA. Chief Executive Officer, Michael Haynes, will present at 12:30 p.m.
Pacific time on Tuesday, February 21, 2006..
Gold
steady in Europe after steep tumble Business Day - 02-08-2006
LONDON - Gold was steady in early trading
in Europe today after its 3,27% fall in New York yesterday and downside
potential is now limited, traders said. Gold traded at $548,10/548,80 an ounce
in early trade, down slightly from its New York close of $549,80/550,70..
Nepal
Before Unification OhmyNews - 02-08-2006
Nepal is blessed with an incredible
diversity of natural beauty and an opulence of cultural varieties. It is also
considered the country of Mount Everest and the birthplace of Buddha. The
Abhirs were the first rulers of Nepal and were a race of cow herders. They
ruled the Kathmandu valley in the 8th century B.C..
NBA
Rejects Reports About Removal of Coins from Circulation
BaKu Today -
02-08-2006 National Bank of
Azerbaijan (NBA) rejected information reported by local press about the
withdrawal of new coins (gepiks) from circulation, Turan reported citing NBA
statement. .
Raids
bust currency and excise counterfeiters The Messenger - 02-08-2006
Georgia's Financial Police detained members
of an organized crime group Tuesday on charges of distributing counterfeit
money. Zurab Ghviniashvili, the alleged leader of the operation, is presently
serving a 16-year term in the Ksani prison colony and is thought to have guided
the group's activities by mobile phone, the head of financial police's
investigative department Levan Mkheidze said Tuesday. .
Unique
Anglo-Saxon gold coin saved for the nation NewKerala - 02-08-2006
LONDON: A unique Anglo-Saxon gold coin,
found by an amateur treasure hunter in 2001, was saved for the nation today
after the British Museum paid a record 357,852 pounds (625,500 dollars) to the
American owner. It is the highest amount ever paid for a British coin..
Berhampur
museum awaits govt care The Statesman - 02-09-2006
BERHAMPUR, Feb. 9. ? The museum in
Berhampur has failed to serve the public, rather it presents a picture of an
abandoned mission. The museum that functions in the city has literally become a
piece of history due to the neglect of government machinery. Since the
condition of the Berhampur museum is in dire state, the number of visitors
thronging the site is dwindling rapidly.According to the registry book of
visitors, a total of 146 persons had made a beeline for the museum from 1993 to
1998.
NY gold
races up early as investors buy the dips Reuters - 02-09-2006
NEW YORK, Feb 9 (Reuters) - Gold futures in
New York surged on Thursday morning as investors and funds rebuilt long
positions after a two-day, 3.5 percent technical correction that dragged the
precious metals to cheaper levels.Gold scampered up overnight in Asia after a
security scare in the United States and a rise in crude prices, dealers said,
and prices climbed further in later European and U.S. trade..
Minutemen
and historians showcase early American weapons and
money EastBayRI - 02-09-2006
SWANSEA - A room in the North Swansea First
Baptist Church was filled with swords, old coins and other items from days gone
by Saturday night. Standing at the front of the room was a man in colonial garb
talking about where the coins and weapons came from..
Minister
doubts Mint chief's severance can be challenged
Ottawa Sun -
02-09-2006 Canadians may be
permanently kept in the dark over David Dingwall's departure as head of the
Royal Canadian Mint. Pontiac Tory MP Lawrence Cannon, the new transport
minister whose portfolio includes overseeing the mint, said yesterday he doubts
the government can challenge Dingwall's $417,780 severance, adding the
government could be legally forced to keep reasons for the pay ruling under
wraps. .
Adding
Value to the Business of Coins AllAfrica - 02-09-2006
WHATEVER your attitude towards money,
whether it's imali mania or cash contempt, no one can possibly be as passionate
about it as Joseph Melamu. And for good reason; Melamu runs tours of Coin World
at the South African Mint on the Old Johannesburg Road. For those who thought
coins were deathly dull, think again; numismatics - the study of coins - is
fascinating..
Nebraska
commemorative quarter to be officially released April 7
Sioux Journal -
02-09-2006 LINCOLN, Neb.
(AP) -- Celebrations in Lincoln, Kearney and Gering are planned for April 7 to
officially release Nebraska's commemorative quarter, which features Chimney
Rock and a covered wagon. Any child under age 18 who shows up at any of the
events will receive a free quarter, said John Munn, co-chairman of the launch
committee and the state's banking director..
Plastic
money on the rise iAfrica - 02-09-2006
Carrying wads of cash for a weekly or
monthly shop is risky and not having enough when you get to the till is
embarrassing. It?s an age old problem. To keep their money secure, the Vikings
who invaded Ireland in the late eighth century embedded their coins in lumps of
beeswax which they put under their armpits. .
Terror
threat responsible for high gold price - Greenspan
Times Online -
02-09-2006 ALAN GREENSPAN,
who stepped down last week as chairman of the US Federal Reserve after 18?
years, yesterday blamed the threat of terrorism for the soaring gold price, in
his first private sector speech since being let off the leash of officialdom..
Germany
launches stamps and silver coin for FIFA World Cup
Daily Times -
02-09-2006 BERLIN: Germany
on Wednesday launched a series of five stamps and a silver souvenir coin to
commemorate the football World Cup finals which take place across the country
in June and July..
Gold
fades after US scare sparks rally Reuters - 02-10-2006
INGAPORE (Reuters) - Gold lost traction on
Friday after it failed to sustain previous day's sharp gains ignited by a brief
security scare in the United States and a bounce in crude oil prices. Some
dealers said gold may undergo more correction, having reached its highest in 25
years at $574.60 an ounce last week, and the metal could trade in a volatile
$545 to $575 range in coming days..
Brokers
differ on gold outlook Globe and Mail - 02-10-2006
At the same time as one big brokerage has
raised its long-term gold price forecast, another is suggesting that gold could
drop more than a third in the medium term. Merrill Lynch & Co. Inc. boosted
its long-term forecast to $500 (U.S.) an ounce from $400, based on an
expectation of "a gradual decline in world mine output, lower central bank
sales, investment demand remaining robust as a result of a plethora of new
publicly traded gold investment vehicles and solid fabrication demand
(particularly from India, the Far East and Middle East),".
Treasure
salvage attempt runs aground on diplomatic row SMH.com - 02-10-2006
A BRITISH warship that sank in the
Mediterranean three centuries ago with a cargo of coins now worth about $A5
billion is at the centre of a bitter diplomatic dispute. The row over HMS
Sussex, probably the world's most valuable sunken treasure, pits Spain against
Britain, the US and an American company that wants to salvage the wreck..
Superior
Galleries Realizes Record Prices in February 5-7, 2006, Beverly Hills
Auction Press Release - 02-10-2006
BEVERLY HILLS, Calif.--(BUSINESS
WIRE)--Feb. 10, 2006--Superior Galleries, Inc. ("Superior") (OTCBB:SPGR)
announced today the results of its February 5-7, 2006, Pre-Long Beach Beverly
Hills Auction. Anchored by many private collections, including the superlative
Allan Mandelstamm Collection, prices realized from this successful auction were
$5,115,942, inclusive of the buyer's premium, which was in excess of the
pre-sale estimate for the entire sale. The Auction, the inaugural one to be
held in Superior Galleries' newly renovated, state-of-the-art auction room and
retail galleries in Beverly Hills, held just prior to the 2006 February Long
Beach Coin Expo, was a stunning success..
Millionaires
who can?t afford basics Zimbabwe Independant - 02-10-2006
AN advert in the classifieds section of the
Rhodesia Herald of September 1, 1974 makes interesting but sad reading for
those who want to appreciate the precipitous collapse of the Zimbabwe dollar
and the economy as a whole..
Ex-aide
latest in 'Coingate' scandal The Enquirer - 02-10-2006
COLUMBUS - Charges could be filed within
the week against a former aide to Gov. Bob Taft over allegations that he
donated money from another person in his name to three Ohio Supreme Court
justices. Douglas Talbott, who also served as an aide to former Gov. George
Voinovich, could face ethics charges at the same time involving his failure to
report a loan he received from the coin dealer at the heart of Ohio's
government corruption scandal.
Coins
for RD$10, RD$25 to circulate this month Dominican Today -
02-10-2006 Santo Domingo.-
The new coins for RD$10 and an innovative RD$25 denomination, issued by the
Central Bank, will begin to circulate shortly. The RD$10 will have the image of
founding father Matias Ramon Mella, while the RD$25 will show the imprint of
Restoration hero, General Gregorio Luperon. .
Azerbaijan
Cash Confusion Caucasus Reporting Service - 02-10-2006
One month into a mass currency conversion,
Azerbaijanis are more confused than ever about the banknotes in their pockets.
Last February, Azerbaijani president Ilham Aliev ordered a re-denomination of
the currency unit ? the manat ? as of January 1, 2006. However, unlike in other
countries, where the process has generally involved getting rid of a line of
zeros, Azerbaijan decided to peg its currency to the US dollar. One dollar
equals about 4,600 old manats these days and so the new one manat note was made
to be equivalent to 5,000 old ones..
Big
growth from small coins Financial Times - 02-10-2006
As a veteran of several bear phases of the
market, as well being cautious by nature, I often find it hard to enjoy success
in my investing without a tinge of apprehension that there may be bad times
lurking around the corner. This past month has been noteworthy for a continued
stream of good news, or at least good price performances, in several parts of
my portfolio. . |