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Coin News Daily June 5, 2009

Did U.S. Export Over 175 Million Ounces of Gold?
By Patrick A. Heller, Market Update
The United States Geological Survey (USGS) publishes monthly Mineral Industry Surveys with one series that focuses on gold production, imports and exports. These reports include information from the U.S. Census Bureau on the quantities of refined gold bullion and gold compounds exported from the US. The latest monthly report is from February 2009, which includes data for 2008 and early 2009. The February 2008 report is the oldest of these reports available at the USGS Web site (www.usgs.gov), which includes data for all of 2007. For prior years, there are annual reports that do not lay out the data in the same format.
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Lincoln Label Now Available In Tier Submissions
NGC
The Lincoln Label is now available for 2009 Bicentennial Lincoln Coins submitted using NGC grading tiers. Eligible coin types include the 2009 Lincoln Commemorative Dollar in mint state and proof and the 2009 Bicentennial Lincoln Cents in mint state (both circulation and mint set or SMS issues) and proof issues. Only these coins are eligible.
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Mint can’t account for missing gold
By Ian MacLeod, Ottawa Citizen
OTTAWA — A significant quantity of gold, silver and other precious metals is unaccounted for at the Royal Canadian Mint. External auditors are investigating a discrepancy between the mint’s 2008 financial accounting of its precious metals holdings and the physical stockpile at the plant on Sussex Drive in Ottawa. The mystery raises possibilities from sloppy bookkeeping to a gold heist.
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United States Mint Launches Guam Commemorative Quarter
US Mint
Guam – United States Mint Director Ed Moy today joined Guam Governor Felix Camacho and first lady Joann Camacho to celebrate the release of the Guam commemorative quarter-dollar coin in a ceremony at Skinner Plaza. The Guam commemorative quarter-released to the Federal Reserve Bank on May 26-is the third coin in the United States Mint’s 2009 District of Columbia and U.S. Territories Quarters Program.
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Cape man finds 313-year-old sixpence
By Stewart Bishop, Globe staff
As Truro celebrates its 300th birthday in July, one local man has found an artifact that predates the town itself. Peter Burgess, a retired psychologist, who found a strange-looking coin on his property last spring, recently discovered it was over three hundred years old. “At first, I wasn’t sure what it was,” said Burgess. “It didn’t look so much like a coin, but like a brown wafer.”
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Long Beach Surprisingly Strong
Pinnacle Market Report
Collectors were out in force at the recently concluded Long Beach Coin and Stamp convention. Coins sold briskly at the new buyer-friendly levels. The public’s psychological adjustment to the “Recession” may have played a part. More likely, inflation looming large on the horizon and the increasing strength of gold and silver is driving savvy investors into tangible assets.
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Lincoln dollars popular
By Al Doyle COIN VALUES
Understandably, attention recently has focused on the 2009 Lincoln, Early Childhood and Formative Years cents. Since few pieces are showing up in circulation, competition for Brilliant Uncirculated rolls is intense on eBay and elsewhere. Another 2009 Lincoln coin has also been a big success. The U.S. Mint has sold out of 450,000 commemorative Lincoln Bicentennial silver dollars (325,000 Proofs and 125,000 Uncirculated) offered individually.
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14 candidates vie for ANA governorship
Wired
Members of the American Numismatic Association will have approximately four weeks to register their choices in a mail ballot vote that will conclude June 26th Each candidate was asked to supply a statement specifically for Numismatic News readers. They will be presented this week in the commentary section with the presidential candidate statements on Tuesday, the vice presidential candidate statement on Wednesday and the statements of 14 board candidates presented in alphabetical order on Thursday.
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Related posts:

  1. Coin News Daily June 11, 2009
  2. Coin News Daily June 29, 2009
  3. Coin News Daily June 17, 2009
  4. Coin News Daily June 9th, 2009
  5. Coin News Daily June 1, 2009
  6. Coin News Daily June 23, 2009
  7. Coin News Daily April 22, 2009
  8. Coin News Daily March 23, 2009
  9. Coin News Daily March 11, 2009
  10. Coin News Daily July 3, 2009

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