July 23, 2008: Gold and Precious Metals Retreat, Dollar Bills vs. Dollar Coins
By admin | July 23, 2008
Welcome back to Coin Update!
We’re here to bring you a daily update of coin collecting news from around the web! First, some recent stories on gold. Also, a new offering from the US Mint, a new initiative from PCGS, European coin market, gold coins of the Canadian Mint, the dollar bill vs. dollar coin debate continues, and notable auctions. On to the links…
Gold and other precious metals have been retreating following dollar strength, a drop in oil, and a firmer stock market.
Even though this article is titled “Firm travels to buy gold and jewelry from the affluent,” the sellers interviewed mention buying a tank of gas or paying bills.
A second article urging caution when selling gold, referring to firms that enter town and operate out of temporary locations. Quote from the story: “I just can’t believe that people do business there. I mean you wouldn’t see your doctor or your lawyer in a hotel room…”
What’s better than prosperity? How about “Double Prosperity.” The US Mint has announced the release of the second product in the United States Celebration series.
PCGS has announced a new initiative centered around a start page for new collectors or people returning to the hobby. View the Start Here Page.
The European coin market explodes! (in the good way)
Take a look at some of the gold coins from the Royal Canadian Mint.
It seems to be dollar bills vs. dollar coins debate week. Here’s another article, this time from the Dallas News.
And now for some notable auctions. The 1995 Double Die Lincoln Cent in the incredible grade of NGC MS 69 RD
The key date 1932-D Washington Quarter in near gem ICG MS64.
And lastly, an interesting Presidential Dollar Error. This John Adams Dollar has rotated dies.
That’s it for today!
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July 22, 2008: CONECA, 2008 Australian Koala Coins
By admin | July 22, 2008
Welcome back to Coin Update!
Here’s another round up of coin collecting news from around the web! First, an article on the recent decline in platinum. Also, the gold ban, ANA member survey results, CONECA’s anniversary, 2008 Australian Koala Coins, paper dollars vs. coin dollars, and notable auctions. On to the links…
A brief article explaining some of the underlying reasons for the weakness in platinum.
Dave Harper takes a timely look at the gold ban and the surrounding circumstances of the era.
The ANA releases the results of their Convention Survey.
CONECA celebrates its 25th anniversary with a set of commemorative medals, which fittingly include off center and double strike versions.
CoinNews.net covers the new 2008 Koala Coins from the Perth Mint.
The Royal British Mint appoints a new marketing agency and sees “greater potential” in the coin collector business.
Coin Collector’s Blog takes an insightful look at the Paper Dollars vs. Coin Dollars debate.
Coin World explains “sight-seen” and “sight-unseen” bidding.
And now for some notable auctions. A 1908 Saint Gaudens Double Eagle PCGS MS66. The seller also has several other no reserve Saints up for auction.
The 2008-W $100 Proof Platinum Eagle PCGS PR69DCAM.
Wow! Here’s something you don’t see every day- 275 Carson City GSA Morgan Dollar Boxes and COAs.
That’s it for now. See you tomorrow!
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July 21, 2008: Gold and Silver, 1922 Plain Lincoln Cents
By admin | July 21, 2008
Welcome back to Coin Update!
We hope you enjoyed your weekend. Now its time for another daily round up for coin collecting news! First, the recent deluge of bullish articles on gold and silver. Also, US Mint interview about Silver Eagles, highlights for the upcoming World’s Fair of Money in Baltimore, 2008 Platinum Eagle sales, 1922 Coinage, NASA Commemorative Coins, and notable auctions. On to the links…
There seem to be bullish articles on gold and silver everywhere you look. From investment oriented articles to mainstream articles to slice of life articles.
A timely interview with the United States Mint on American Silver Eagles.
One of the highlights of the Stacks Baltimore Auction, the 1797 Draped But Half NGC MS 66.
Another highlight to take place in Baltimore, the US Mint will be unveiling of the 2009 Ultra High Relief Double Eagle Gold Coin along with a display of six gold bars.
Sales figures for the 2008 Proof and Uncirculated Platinum Eagles. The proofs are still missing from the Mint’s website.
A brief review of a new book A Pocketful of History, which gives a brief tale for each of the 50 State Quarter designs.
1922 was an odd year for US coinage. Only cents, silver dollars, double eagles, and commemorative coins were produced. The most famous coin was the 1922 “No D” Lincoln Cent.
The NASA Commemorative Coin Bill passes the House. CoinNews.net has the latest information.
And now for some notable auctions. Every now and then a Matte Proof Lincoln Cent finds its way to eBay. Here’s a 1910 Matte Proof Lincoln NGC PF 64 BN.
The #10 ranked PCGS Registry Set for Susan B. Anthony Dollars. It includes 5 Top Pop coins.
The key date 1928 Peace Dollar PCGS MS65 with CAC Sticker.
That’s it for today. Have a bearable Monday!
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July 18, 2008: 2008 Proof Platinum Eagles, Disabled Veterans Coins
By admin | July 18, 2008
Welcome back to Coin Update!
We wrap up a somewhat tumultuous week with another fresh batch of coin collecting news! First, gold is returning to the mainstream press. Also, some curious occurrences for the 2008 Platinum Eagles, Disabled Veterans Coins, the CCAC meeting, coin authentication, coin counterfeiting, and notable auctions. On to the links…
You know gold has been rallying when you start seeing articles like “How to invest in gold” popping up again in the mainstream press. Let’s just hope gold isn’t on the cover of Business Week any time soon.
The 2008-W Proof Platinum Eagles have oddly disappeared from the US Mint’s website, lending some support to an unconfirmed rumor. The following day the Mint issued a product release announcement for the uncirculated version of the coins- over two weeks after the coins went on sale. What’s going on?
The President has officially signed the Disabled Veterans Coin Act into law. The commemorative silver dollars will be issued in 2010.
The CCAC will be meeting August 1 at the World’s Fair of Money and include a public forum where you can voice your opinions.
How would you like cartoon mice featured on your country’s official legal tender coins?
An article worth reading on attention to deal in coin authentication.
Numismaster brings you the flip side of authentication with tools of the counterfeiter.
Today’s coin image is one the new Fractional Gold Buffalo Coins. The Mint has just put up the product pages and sales begin July 22!
And now for some notable auctions. One of my favorite key date coins. The 1885 Liberty “V” Nickel PCGS VG-10.
Get an instant collection of proof State Quarters. Here’s a collection of all the clad State Quarter Proof Sets from 1999-2008.
Better yet, how about an instant collection of Silver Eagles? Here are all of the regular issue Proof Silver Eagles from 1986-2008.
Have a great weekend!
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July 17, 2008: Coingrader Forum, 1997-W Jackie Robinson Commemorative
By admin | July 17, 2008
Welcome back to Coin Update!
Here’s another round up of coin collecting news! First, the options market is showing some interesting predictions for the price of gold. Also, Coingrader Forum, 2008 US Mint Set, the BEP’s Billion Dollar exhibit, DGS, new offerings from the Royal Canadian Mint, some of the greatest coin investments, and notable auctions. On to the links…
Now that options have started trading in the Gold ETF (GLD), we have another interesting sentiment indicator. There are some big bets placed on gold reaching $1,000 by September.
While gold and silver have rallied, platinum has been left behind. It’s currently at a 10 week low.
Regrettably, Coingrader Forum is shutting down. I’m somewhat shocked by the quick turn of events that caused this to happen. In addition to the final post, you can read Susan Headley’s positive review and the comments that ironically led to the blog’s demise.
The 2008 US Mint Set will go on sale at the US Mint on July 30. It has the same number of coins as last year and the same price as last year.
Want to see what one billion dollars looks like? Check out the BEP’s Billion Dollar Exhibit at the World’s Fair on Money in Baltimore.
DGS has now graded 2,000 coins!
EBay releases their second quarter results. A disappointing forecast has sent the stock down 13% this morning.
A nice perspective on the dollar coin vs. dollar bill debate.
New products will be available from the Royal Canadian Mint including rectangular coins. CoinNews.net has the scoop.
What are the greatest coin investments of the last decade? Any list would have to include the 1997-W Jackie Robinson Gold Commemorative and the 2000 Nelson Madela R5.
And now for some notable auctions. First, the key date 1901-S Barber Quarter PCGS G04.
Remember the Goodacre Sacagawea Dollars? Here’s one graded PCGS MS68.
And lastly, the ever-popular 1937-D Three Legged Buffalo Nickel PCGS AU53 in an old green holder.
Have a great day!
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