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February 25, 2008: David Lawrence Acquires PCI Assets, Billion Dollar Display, NGC First Strike Lawsuit Settled
By admin | February 25, 2008
Hello and welcome to the weekend and Monday edition of Coin Update!
More developments in the third party grading space as David Lawrence Rare Coins purchases the assets of PCI. Thoughts on a ceiling for gold, rare 2 Yen Gold Coin sold, NGC First Strike lawsuit settled, the Billion Dollar Display, the Flying Eagle Cent, and notable auctions. On to the links…
A few weeks back, I mentioned that the assets of PCI were scheduled to be auctioned off. The winner was David Lawrence Rare Coins. He posted an open letter on the PCI website. Coin Collector’s Blog provides some predictions on the new PCI.
After gold posted its largest weekly gain in 19 months, Tom Michael gives his thoughts on the idea of a floor and a ceiling for the price of gold.
A 2 Yen Gold Coin was sold for 32.1 Million Yen over the weekend. Here is some background on the coin from an earlier article.
The NGC “First Strike” lawsuit ends with a donation to the ANA.
Want to see a $500 million Treasury Note? It will be on display at the ANA’s 2008 National Money Show as part of the BEP’s “Billion Dollar Display.”
Prices for the Elizabeth Monroe First Spouse Gold Coin were posted, and it’s another increase.
Dave Harper interviews PCGS President Ron Guth about coin grading in Europe.
This article from Numismaster takes a look at the public reception of the first small cent.
And now for a few notable auctions. First a pair of key date Morgans- the 1893-S Morgan Dollar PCGS AU50 and the 1889-CC Morgan Dollar PCGS MS60.
And more of the newest Commemorative in top grade, 2008-W $5 Gold Bald Eagle NGC MS 70.
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