Yesterday, eBay launched a new policy in its Coins Category, which will ensure that
any coins listed as certified must be certified by one of four grading companies.
“The ANA supports this effort to improve consumer protection for people buying and
selling coins on eBay,” said ANA President Barry Stuppler. “Although the ANA is not
responsible for this policy, we support any effort to reduce the potential for fraud
and to help safeguard the coin-collecting hobby.”

The ANA has worked with eBay since September 2004, and through the Coins
Community Watch group has assisted eBay in identifying misrepresented or
fraudulent listings in the on-line auction company’s coins category. During this
period, the ANA emphasized to eBay the need to establish regulations designed to
minimize the opportunity for consumer fraud. (more…)

NEWPORT BEACH, Calif., — Collectors Universe, Inc. , a leading provider of value-added authentication and grading services to dealers and collectors of high-value collectibles, diamonds and colored gemstones, today announced financial results for its fourth fiscal quarter and year ended June 30, 2007.

Operational and Financial Highlights

– Annual net revenue increase of 9.6% to $40.5 million for fiscal 2007. (more…)

Spot gold is nearing its almost 28-year high Wednesdayfollowing the U.S. Federal Reserve Rate cut, with gains towards $760/ozpossible in the coming sessions, market participants said.

Spot gold’s May 2006 high of $732 a troy ounce is now firmly in sight as thecurrent rally is showing no signs of stalling with investor buying increasingholdings in the StreetTRACKS exchange-traded fund to a record 18.504 millionounces, James Moore of TheBullionDesk said.

While market length is sizable, ETF investors are more “sticky investors”than CTA and system fund buyers and will likely continue to accumulate on dips,said Michael Jansen of JPMorgan.

Collapsing Finance companies and a plateau in the property boom are fuelling a modern-day gold rush, with small investors flocking to the security of solid gold.

Bullion dealer the New Zealand Mint says its gold trade has increased by 300 per cent in the past six months, a rise in business worth hundreds of millions of dollars. The soaring price of gold has helped - it exceeded US$700 ($1100) an ounce in the past week, and the price is tipped to break the US$1000 mark in the next three years.