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Coin Collecting NewsDaily gold report: Monday 16th July
THE PRICE OF GOLD barely moved early Monday, trading in a $1 range before rising to break $668 per ounce as the US open drew near.
“Overall trading is not that great, and I don’t see buying interest from Indonesia,” said a bullion dealer in Singapore to Reuters. “Demand from Thailand is still OK because of the Thai baht.”
“Some people are buying gold because of a slight increase in oil prices,” another told the newswire from Hong Kong, “but the market has been stuck in a range in the last couple of days.
The United States Mint announced today that sales of 2007 American Eagle Platinum Proof and Uncirculated Coins will begin at 12:00 noon (ET) on July 17, 2007. The 2007 coins feature the second design in the three-year series titled, “The Foundations of American Democracy,†celebrating the Executive Branch. Designed by United States Mint Artistic Infusion Master Designer Thomas Cleveland and engraved by United States Mint Sculptor-Engraver Phebe Hemphill,
The ACCG deplores this unprecedented extension of UNESCO inspired import restrictions to include historical coins of possible Cypriot origin. In this action, without stating any justification or disclosing reasons for this decision, the State Department departed from its prior decisions exempting coins from import restrictions - even though the solid factual basis for this exemption has not changed. Under the CPIA statute, import restrictions should only be imposed on artifacts “found in the groundâ€. There is no statutory authority to impose import restrictions based on where an artifact was made.
