Jan 24, 2014

$1,219 an ounce for 2014 gold price

2014 gold price

The gold price will average $1,219 an ounce this year, according to a survey of analysts. The analysts expect the gold price to range between $1,067 and $1,379 this year, a report compiled by the London Bullion Market Association (LBMA) found. Yesterday's gold price according to the LBMA's afternoon London "fixing" was $1,248. Gold ended 2013 at $1,202, 28pc lower than at the beginning of the year, bringing to an end 12 consecutive years of price growth. The most optimistic prediction for the gold price this year came from Martin Murenbeeld of Dundee Capital Markets in Australia, who said the price could go as high as $1,550, although he put the bottom of its possible price range at just $1,075. Read More.
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1787 gold coin sells for $4.5 million


An extremely rare coin, the first of its kind to be minted in the United States, has sold at auction in Florida for more than $4.5 million. The 1787 Brasher doubloon has been called the most valuable coin in the world, and the price it fetched at auction - $4,582,500 - paid by an anonymous bidder, confirms that. The coin, the first of its kind, was made by a silversmith named Ephraim Brasher who lived next door to George Washington after the Revolutionary War at 1 Cherry St on Manhattan's Lower East Side. He created the Brasher doubloon in 1787.

According to Heritage Auctions, the design on the front of the coin was adopted from the New York coat of arms - a sun rising of the peak of a mountain with a body of water in the foreground. Brasher's name is spelled out below the waves in small letters and the words around the edge of the coin say NOVA EBORACA COLUMBIA EXCELSIOR - New York, America, Ever Higher. Excelsior remains the state motto to this day. Read More.
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Jan 27, 2013

Pattern gold Queen Victoria Crown sold for $235,000

Queen Victoria

A pattern gold Crown struck for Queen Victoria, graded Proof 64 Ultra Cameo, which sold for $235,000 at Heritage Auctions' Jan. 6-7 Ancient & World Coin Signature® Auction, held in conjunction with the New York International Coin Show (NYINC) at the Waldorf-Astoria. This ultra-rare, undated piece was struck in 1887 in Nuremberg, Germany. The obverse was patterned after the famous William Wyon young head portrait of Victoria, while the reverse devices include the Order of the Garter crest supported by a crowned lion and a unicorn in chains. The designer of this piece is unverified, as the artist did not sign the dies.Read More.
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Jan 26, 2013

$100 Canada Arctic Expedition Gold Coin

The Royal Canadian Mint is proud to celebrate the centennial of the Canadian Arctic Expedition of 1913 with a commemorative coins; $100 Canadian Arctic Expedition Gold Coin. The coin has been released by Ian E. Bennett, President and CEO of the Royal Canadian Mint.

gold coin
The coin reverse was designed by Canadian artist Bonnie Ross and depicts several key images representative of the Canadian Arctic Expedition, including a survey team atop an ice floe taking research measurements and, in the background, a stylized globe of the Canadian Arctic. Read More.
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