Numismatic Gold Coin Pricing Policies

gold pricing

With the increasing popularity of numismatic coins, the US Treasury took a step forward in setting a new price list for numismatic coins on 12 January 2009. The Deputy Director of the US Mint, Mr. Brunhart, commented the reason for the new pricing. The new pricing of numismatic coins are based on the catalysts of transparency, customer service and agility which allows the Treasury to adjust numismatic gold prices week by week depending on the value of gold. Pricing and policy Previously, the policy regarding numismatic coins was inflexible to buyers and sellers as it was compulsory for … [Read more...]

Price of Numismatic Gold Coins Expected to be Reduced

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A reduced pricing of the numismatic coins by the US Mint is expected sometime at the end of July 2010. A lowered price is linked to the recently lowered gold prices which will affect numismatic gold sales which include the Proof 2010 Gold Buffalo as well as on First Spouse coins with images of Sarah Polk, Jane Pierce, Margaret Taylor and Abigail Fillmore. Brief Introduction on Policies US Mint is now adopting the averaged London Fix as part of its new gold pricing measures. The pricing of the numismatic coins by the United States Mint covers minting, distribution and marketing costs.  … [Read more...]

Numismatic Gold Coins Festival at ANA in Boston

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The American Numismatic Association or ANA is an organization that promotes the existence and value of numismatic gold coins. It is planning a festival some time in early August, 2010 with tentative dates at August 10-14. This fair will showcase all the world’s numismatic coins that are the best and most renowned, being dubbed as the World’s Money Fair to be located in Boston. Visitors will enjoy a spectacular discovery of coins from over 1,100 dealers as well as 18 international mints. It will certainly be quite an educational exposition to new gold coin investors or collectors besides … [Read more...]