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Coin Shop Blog

Coin Shop blog that any coin collector or coin dealer would love to read. We highlight some of the best coin magazines in the US and there coin articles. I add some of my own items including Winston Salem coin club, silver price, gold price and the ever changing market of coins hope you enjoy.

31 08, 2018

VIDEO: “Financial War” Deepens as Russia Buys Gold and Dollar Hegemony At Risk

By |2018-08-31T04:11:01+00:00August 31st, 2018|Coin Shop Blog|Comments Off on VIDEO: “Financial War” Deepens as Russia Buys Gold and Dollar Hegemony At Risk

– “This is a financial war … Russia is dumping Treasuries to get out from under dollar hegemony” – Rickards on CNN Money – Russia ramping up gold buying and has “tripled gold reserves in 10 years,” from 600 to almost 2,000 tonnes – “Russia is pushing back” against U.S. sanctions using cyber financial warfare and acquiring gold bullion as a hedge – “The dollar is in long-term decline” and it may follow the British pound which lost its reserve currency status between 1913 and 1944 – “Alternate payment systems” as proposed by German foreign minister are being created right now and it “could affect [...]

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30 08, 2018

Cleghorn Releases Update on Meech Lake Prospect

By |2018-08-30T22:19:30+00:00August 30th, 2018|Coin Shop Blog|Comments Off on Cleghorn Releases Update on Meech Lake Prospect

Cleghorn Minerals (TSXV:CZZ) has released an update on the diamond drilling and surface stripping program conducted over the Meech Lake Prospect, located in Northeastern Ontario, within the Abitibi Greenstone Belt. The program focused on testing for the strike and depth extensions of historical mineralization previously defined by the Kell's, Waterhole and T25 showings, where recently completed sampling by Cleghorn identified and confirmed the presence of two separate and distinct mineralized systems (gold-zinc and nickel-copper-platinum group elements) on the property. As highlighted in the press release: 8.31 percent copper, 3.80 percent nickel, 13.5 grams per tonne (g/t) platinum, 60.4 g/t palladium & 1.89 [...]

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30 08, 2018

United States Mint Announces Call for Artists

By |2018-08-30T22:19:13+00:00August 30th, 2018|Coin Shop Blog|Comments Off on United States Mint Announces Call for Artists

Artistic Infusion Program Invites Artists to Design Nation's Coins and Medals The United States Mint (Mint) is pleased to announce a call for artists to participate in its Artistic Infusion Program (AIP). Established in 2003, the AIP serves to enrich and invigorate the design of United States coins and medals by developing a pool of outside artists in graphic design, sculpture, engraving, drawing, painting, and other visual arts. These artists work closely with the United States Mint's staff, including Sculptor-Engravers, to create and submit new designs for selected coin and medal programs throughout the year. Interested artists are invited to [...]

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30 08, 2018

VIDEO: “Financial War” Deepens as Russia Buys Gold and Dollar Hegemony At Risk

By |2018-08-30T22:18:07+00:00August 30th, 2018|Coin Shop Blog|Comments Off on VIDEO: “Financial War” Deepens as Russia Buys Gold and Dollar Hegemony At Risk

– “This is a financial war … Russia is dumping Treasuries to get out from under dollar hegemony” – Rickards on CNN Money – Russia ramping up gold buying and has “tripled gold reserves in 10 years,” from 600 to almost 2,000 tonnes – “Russia is pushing back” against U.S. sanctions using cyber financial warfare and acquiring gold bullion as a hedge – “The dollar is in long-term decline” and it may follow the British pound which lost its reserve currency status between 1913 and 1944 – “Alternate payment systems” as proposed by German foreign minister are being created right now and it “could affect [...]

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30 08, 2018

Gold and Silver End at One-Week Lows

By |2018-08-30T22:12:45+00:00August 30th, 2018|Coin Shop Blog|Comments Off on Gold and Silver End at One-Week Lows

Gold and silver futures settled lower Thursday for a third straight session, logging one-week lows, after scoring about two-week highs on Monday. Gold for December delivery lost $6.50, or 0.5%, to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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30 08, 2018

Endeavour Silver Takes on Cost-cutting Initiatives

By |2018-08-30T04:16:50+00:00August 30th, 2018|Coin Shop Blog|Comments Off on Endeavour Silver Takes on Cost-cutting Initiatives

Endeavour Silver (TSX:EDR) has put several measures in place in order to reduce capital, operating and other costs in Canada and Mexico following a price drop in precious metals, the company announced on Wednesday (August 29). The reduced costs from revised exploration, development and mining plans are expected to boost production and reduce operating and capital costs throughout the company's fourth quarter. “Enhanced cost discipline is the prudent course of action for mining companies during times of lower metal prices, especially when investing to develop new mines. This austerity program is our proactive response to the current low metal prices,” [...]

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30 08, 2018

Will Indebted Nations Globally Follow Venezuela Into Hyperinflation?

By |2018-08-30T04:16:43+00:00August 30th, 2018|Coin Shop Blog|Comments Off on Will Indebted Nations Globally Follow Venezuela Into Hyperinflation?

– Currency has become worthless in Venezuela's hyperinflation – Venezuela was once one of the wealthiest countries in South America – Currency collapse due to massive currency “printing,” digital currency creation and misguided socialist government – Toilet paper roll costs 2.6m bolivars or 0.40 cents but a gold coin (1 oz) can buy over 3,000 toilet rolls – Chicken costs 14.6m bolivars or $2.20 but a gold coin (1 oz) can buy over 540 chickens – Indebted nations throughout the world are vulnerable and some are already seeing sharp currency depreciation – Turkey, Syria, Iran, South Africa, Argentina & others [...]

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29 08, 2018

Gold and Silver Decline Wed., Aug. 29, for Second Session

By |2018-08-29T22:17:03+00:00August 29th, 2018|Coin Shop Blog|Comments Off on Gold and Silver Decline Wed., Aug. 29, for Second Session

Gold and silver futures ended lower Wednesday for a second session in a row. Platinum and palladium, however, gained after falling on Tuesday. Gold for December delivery declined $2.90, or 0.2%, to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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29 08, 2018

PNG Donates To ICTA’s Anti-Counterfeiting Efforts

By |2018-08-29T22:16:36+00:00August 29th, 2018|Coin Shop Blog|Comments Off on PNG Donates To ICTA’s Anti-Counterfeiting Efforts

To help fight fake numismatic merchandise in the marketplace, the Professional Numismatists Guild (www.PNGdealers.org) has donated $15,525 to the Industry Council for Tangible Assets Anti-Counterfeiting Task Force (www.ictaonline.org/actf). “Our PNG Board members personally donated $10,500 and the remainder of the money came from a portion of the fee for PNG members who took tables at the 2018 PNG/ANA Numismatic Trade Show in Philadelphia,” explained PNG Executive Director Robert Brueggeman. The donation was announced by PNG President Barry Stuppler at the PNG Awards banquet in Philadelphia, August 13. “Counterfeiting is a problem that potentially confronts every dealer and every collector, and [...]

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29 08, 2018

Silver Mines in Australia – Who’s Digging, and Where?

By |2018-08-29T22:14:06+00:00August 29th, 2018|Coin Shop Blog|Comments Off on Silver Mines in Australia – Who’s Digging, and Where?

Mining is a big part of Australia's history, and it continues to shape the country's economy and position in the world today. The nation is one of the world's top producers and exporters of resources, with coal, uranium, copper and gold being some of its best-known commodities. Australia is also a key producer of silver - it was the world's seventh-largest producer of the metal in 2017, putting out 1,200 MT. Interestingly, the majority of the country's silver is produced as a by-product at highly mechanized underground lead–zinc and/or copper mines. Refined silver comes mainly from the Port Pirie lead smelter [...]

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