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Texas takes its gold

On June 12, Texas Governor Greg Abbott signed legislation to establish a state-run gold depository in the Lone Star State. In a statement, Abbot said, “The Texas Bullion Depository will become the first state-level facility of its kind in the … Continue reading

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Try smaller gold

Affordable, yet attractive, Indian Head quarter ($2.50) and half ($5) eagles make a good choice for gold coin collecting on a budget. Mike Fuljenz, owner of Universal Coin & Bullion, Beaumont, Texas, and a specialist on Indian Head gold, said … Continue reading

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Annual CICF show dates set for 2016

The 41st annual Chicago International Coin Fair will be held April 14-17, 2016, at the Donald E. Stephens Convention Center in Rosemont, Ill. The bourse will be located in Hall B, which is directly off the main entrance lobby. The … Continue reading

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Spink’s latest sale realizes $4.8 million

Spink London put Part 2 of the Slaney Collection of English Coins on the block May 14. The entire collection had been assembled with great care and considerable expense between 1940 and 1960. Several celebrated collections were dispersed during those … Continue reading

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NGC expands in China

Demand for third-party grading services is expanding in China. Numismatic Guaranty Corporation, Numismatic Conservation Services and Paper Money Guaranty are growing with it. The three companies, which are independent members of the Certified Collectibles Group, have extended their Official Submission … Continue reading

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$950 gold then surge?

In an interview with the ET Now, website of The Economic Times, commodity guru Jim Rogers last week said, “The U.S. dollar is not a safe haven but people think it is, and they do not know what else to … Continue reading

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Three strikes against Liberty Head nickel

Three strikes and Liberty Head nickels are out with collectors. Lack of a good looking design, lack of a grading consensus and few survivors in higher circulated grades combine to keep collectors away. “They are ugly coins,” said Bill Miholer … Continue reading

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Reverse proofs examined

It was no sooner than the March of Dimes Special Silver Sets began hitting the street that owners began reporting relatively minor errors being found on many of the reverse proof dimes. Reverse proof refers to the finish on the … Continue reading

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New CCAC chair

A new chairperson has taken over the Citizens Coinage Advisory Committee. Mary N. Lannin of San Rafael, Calif., replaces Gary Marks. She is a former winery owner and public TV director as well as a coin collector starting in childhood. … Continue reading

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How much gold in China?

On May 15, the Russian news source Pravda passed along an unconfirmed story that appeared in Duowei News that the Chinese government had accumulated 30,000 tons (965 million ounces) of gold reserves. China last updated their published gold reserves figure … Continue reading

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