Category Archives: LBMA

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Perth Mint Gold “Doping” Scandal Calls Senior Leadership Into Question

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By Hubert Walker for CoinWeek …. A recent report on Australian TV has put the reputation of one of the world’s major mints–as well as the reputation of the entire international system of precious metals accreditation–in jeopardy. On Monday, March 6, an internal report from the Perth Mint was leaked to the Australian Broadcasting Corporation […]

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The London Gold Fix: A Brief Guide

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By Paulina Likos for Gainesville Coins ……   Administered by the London Bullion Market Association (LBMA), the London Gold Fix is considered the authority on gold and precious metal valuations. It is the process for how daily prices for gold, silver, and other precious metals are set. The London Gold Fix is established based on […]

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Biden and G7 Ban Russian Gold Imports

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By Everett Millman – Gainesville Coins …… New economic sanctions against Russia will target the country’s gold exports. Several of the Group of 7 nations (known as the G7) have banned any Russian gold from entering their countries as of Sunday, June 26. Who is Banning Russian Gold? In addition to the United Kingdom, the United […]

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The Silver Shortage and How It’s Affecting You: Bullion Shark

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By Bullion Shark LLC …… Since the start of the pandemic in early 2020, there have been some amazing developments regarding silver bullion and the silver market – the wholesale and retail markets as well as investing in silver through ETFs, or Exchange Traded Funds. After dipping in 2019, the combined demand from those who […]

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CoinWeek News Wire for January 26, 2018: Buy the Book Before your Buy the Bitcoin….

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By Coinweek Coin News Wire …. Coin News Wire for January 26, 2018 Brain Food 1.) This is the reason why only dead people can be featured on American currency In 1866, Congress issued an act stating that no living person can be portrayed on American currency. Our Founding Fathers believed it was unpatriotic for living […]

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2018 pricing of numismatic gold, commemorative gold, and platinum products grid

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The United States Mint announces 2018 revisions to the pricing of gold and platinum numismatic products. An excerpt from the grid appears below:
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Dillon Gage Subsidiary IDS Group Opens First Texas Bullion Depository

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Accepting clients as of November 1 International Depository Services Group (IDS), a privately-owned subsidiary of Dillon Gage Metals, has opened Texas’ first precious metals depository, International Depository Services of Texas. Beginning November 1, depository clients who wish to store precious metals bars, rounds and coins in the state of Texas are able to contact IDS […]

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New Book Explores World of Leading Bullion Coins

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By Metals Focus …… On October 17, The Perth Mint, The Austrian Mint, The Royal Canadian Mint, The Rand Refinery, The Royal Mint and Metals Focus are pleased to announce the launch of The World of Leading Bullion Coins, at an event at the LBMA/LPPM Conference in Barcelona. We are grateful for the support of […]

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CoinWeek News Wire for October 20, 2017: Debtor Nation, Crypto-Corruption

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By Coinweek …. CoinWeek News Wire for October 20, 2017:  Brain Food 1.) ‘Like stars in a complex constellation, these objects convey the sweep of Jewish history’ This exceptionally rare gold coin was minted in Judaea immediately after the conquest of Jerusalem and brought with a deployment of Roman troops to England soon afterwards. Two […]

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CoinWeek News Wire for July 28, 2017

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By Coinweek ….   CoinWeek News Wire for July 28, 2017:  Digital Cash Revolution 1.) UPDATE: “WE ARE DECLARING WAR ON CASH,” BANK SPOKESMAN ANDY GERLT …[A]mong the people championing the convenience of a cashless society are those who use iphones to buy Starbucks coffee. These devotees who will sacrifice freedom for convenience will not […]

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CoinWeek News Wire for May 5, 2017

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By Coinweek …. CoinWeek News Wire for May 5, 2017 Brain Food 1.) The Krugerrand: Half a century as a store of value The renowned Krugerrand – dubbed the world’s first, most successful and widely-traded gold bullion coin – this year celebrates 50 years since its first minting. It was mainly created to add value […]

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NTR Metals and Illegal South American Gold

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By Joshua Gibbons – About.Ag – for CoinWeek …. When I first heard about Peruvian gold smuggling early last year, I didn’t really believe it. I was talking to the owner of a bullion dealer that I suspected was in financial trouble, and he said that NTR Metals was caught smuggling $20M of gold from […]

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