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A large amount of price updates highlight this week's Bluesheet issue. We have applied all of the auction results from the recently concluded FUN convention. Additionally, there were a number of higher sight-unseen bids posted on the electronic exchanges, which is always a welcome sight for us. Readers will observe positive activity as a result of bidding activity in gold commemoratives, Morgan dollars, gold type, proof type, and proof singles. There was some talk at the end of 2016 from respected figures in the rare coin business that one of the best buying opportunities going into the new year were [...]

GOLD PRICES UP 5.5% YTD – CONCERNS OF “CALAMITOUS SELF-HARM” TO EU FROM BREXIT AND TRUMP DOLLAR COMMENTS SUPPORT GOLD Gold prices extended their run of gains to a seventh session and added another $12 to $1,215 an ounce yesterday. Gold prices have consolidated on those gains today and are now up 5.5% in dollar and sterling terms and 5% in euro terms year to date. Gold in USD – 1 Year Gold bullion has risen every day except one so far in 2017, building on the 8.1 percent gain in 2016. Investors are concerned about the huge uncertainty facing us from a [...]

By the majority of accounts, the FUN convention in Florida started the new year off on the right foot. Based on the feedback we received from visitors to our table at the show and from dealers, the outlook going forward is positive. Harry Laibstain of HLRC stated “Based on FUN's bell-weather status and HLRC's performance in Fort Lauderdale, I would expect 2017 to be a positive year for the coin industry. The show surpassed expectations with heavy trading on the bourse floor and a strong performance from the HA auction. New buyers combined with the faithful are in acquisition mode [...]

On Wednesday, Jan. 18, the United States Mint is likely to increase prices on 17 numismatic gold products. The agency's collections of gold coins have prices that can change weekly depending on the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

SARASOTA, FLA. (January 16, 2017) - Numismatic Guaranty Corporation® (NGC®) certified 42 of the 50 highest grossing coins in Heritage Auctions' recently concluded New York International Numismatic Convention (NYINC) sale. The extraordinary showing, which represents a diverse group of countries and eras, reaffirms NGC's position as the most trusted grading service for world coins. The strong preference that world coin collectors of all budgets and interests have for NGC-certified coins was further reflected by the fact that NGC-certified coins accounted for nearly 84% of the sale's total prices realized of approximately $15.6 million. "NGC provides a tremendous service for collectors [...]

Coeur Mining, Inc. (“Coeur”) (NYSE: CDE) and Pan American Silver Corp. (“Pan American”) (NASDAQ: PAAS) (TSX: PAA) today announced a definitive agreement under which Pan American will acquire 100% of Coeur's Joaquin project, located in the Santa Cruz province of southern Argentina. Under the terms of the agreement, consideration payable to Coeur will include $15 million in cash and $10 million in Pan American stock.  Coeur will also retain a 2.0% net smelter returns royalty (“NSR”) on the Joaquin project.  The transaction is expected to close in the first quarter of 2017, subject to customary closing conditions. “This transaction reflects [...]

Bitcoin and Gold – Outlook, Volatility and Safe Haven Diversification – Recent performance of Bitcoin and Gold – Price outlook – Bitcoin, China and capital flight – Exchanges of value? – Can bitcoin rival gold as a safe haven? – 'Bitcoin vs Gold' or 'bitcoin and gold'? – Importance of diversification – Conclusion: A monetary and financial revolution? Recent performance of bitcoin and gold What does the recent volatility and surging price of bitcoin mean for the future of the crypto-currency and does its recent outperformance mean that it may supplant gold as a safe haven currency? Can bitcoin rival gold as a [...]

Aura Silver Resources Inc. (TSX VENTURE:AUU) (“Aura Silver” or the “Company”) announces that it has closed the first tranche of its non-brokered private placement of up to $500,000 (the “Offering”) announced on November 29, 2016. Aggregate proceeds of approximately $209,000 were raised on this first tranche for 5,977,737 units issued at $0.035 per unit. Each unit consists of one common share of the Company and one common share purchase warrant. Each warrant entitles the holder to purchase one common share of the Company at a price of $0.05 per share for a period of 36 months following the date of [...]

Physical Gold Market Will Trump Paper Gold John Hathaway of Tocqueville Funds says the physical gold market will defeat the paper gold market leading to a much higher price for the monetary metal in the coming months and years in his Tocqueville Gold Strategy Investor Letter (Fourth Quarter 2016 Investor Letter): Gold rose 8.5% for the year while gold-mining stocks (XAU – Philadelphia Gold and Silver Index stocks) rose 75%. On an annual basis, results were highly satisfactory. However, there was considerable drama beneath the surface that left precious metals investors in a state of anxiety by year-end. Precious metals [...]

East Africa Metals Inc. (TSXV: EAM) (“East Africa” or the “Company”) is pleased to provide the following updates on the Company's activities: Exploration and Drill Program At the Harvest Project, additional diamond drilling has been conducted at the VTEM09, Mayshehagne and Lihamat prospects in the last quarter of 2016, with analyses anticipated in the first quarter of 2017. This drilling was primarily to follow up on previous drilling success: at VTEM09, 10.21m @ 3.97 g/t Au, 3.16% Cu, 87 g/t Ag, 3.82% Zn (see news release dated July 23, 2013), at Mayshehagne, 20.70m @ 1.03 g/t Au, 5.00% Cu,, 31 [...]