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  • Sales of American Eagle gold coins soar

    12/10/2012 6:12:13 PM PST · by Evil Slayer · 27 replies
    Financial Times ^ | 12/10/12 | Jack Farchy
    Demand for gold coins in the US has soared since the presidential election, as small investors fret about the lack of action to address America’s ballooning debt. The US Mint’s sales of American Eagles, one of the most popular gold coins, leapt 131 per cent in November, hitting their highest level in more than two years. The Royal Canadian Mint also had its strongest month of sales this year. Terry Hanlon, president of metals at Dillon Gage, one of the largest bullion dealers in the country, said sales had risen sharply “within a day or two” of the election. “You’ve...
  • Auction brings $7.6 million for 'Double Eagle'

    07/30/2002 7:33:38 PM PDT · by shrinkermd · 14 replies · 740+ views
    CNN ^ | 30 July 2002 | Beth Nissen
    <p>CNN) -- The 1933 gold Double Eagle coin has seen its share of jeopardy in a history that could have come straight from "The Maltese Falcon."</p> <p>Since it was minted in 1933, the coin has been stolen, shipped to Egypt, hidden and almost destroyed by fire twice. The Double Eagle -- an ounce of nearly pure gold -- went up for auction Tuesday night at Sothebys, selling for $6.6 million, plus its $20 face value and a 15 percent fee to the auction house -- a total of $7.6 million.</p>