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February 29, 2008: Gold and Silver, D.C.’s Quarter, 2000 Cheerios Pennies and Dollars
By admin | February 29, 2008
Happy Leap Day from Coin Update!
Gold and Silver are both some approaching key levels. Also more on D.C.’s quarter, alternative compositions of the 1942 Lincoln Cent, First Spouse Gold Coin Pricing, new mint issues from the World Money Fair, and notable auctions. On to the links…
What will come first $20 per ounce silver or $1,000 per ounce gold?
For a bit of nostalgia, here’s an old magazine ad for the 1987 American Gold Eagle.
The Washington Post covers the Mint’s rejection of D.C.’s Quarter inscription. “Never have I seen the government move so fast on anything,” said the city’s nonvoting senator.
Take a look at one of the other potential alternatives for the 1942 Lincoln Cent. It’s going up for auction this March.
What’s up with the price difference between the Elizabeth Monroe and Dolley Madison First Spouse Gold Coins?
Tom Michael discusses some of the new mint issues revealed in Berlin’s World Money Fair.
Have you heard about Princeton’s Numismatic Collection? Here’s the numismatics department page.
And now for some notable auctions.
Every now and then an unopened 2000 Cheerios Box shows up on eBay. This box might contain one 2000 Cheerios Penny or a 2000 Sacagawea Cheerios Dollar which can sell for over $10,000! CoinNews.net took a look at another Cheerios box a few months back.
Bullish on gold? How about a one kilogram gold bullion bar!
Have a great weekend!
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March 2nd, 2008 at 7:12 pm
[…] your coin news site, if you haven’t already. As an example of one of his posts, I note this typical one from Leap […]
March 3rd, 2008 at 12:41 pm
Maybe the price of the Monroe coin just reflects the anticipated increase in gold prices?
March 3rd, 2008 at 12:58 pm
Yes, I sometimes think that the Mint determines prices with an anticipated metal price increase in mind, but it is kind of unfair to charge people a premium based on a potential increase in value.
It would be better if the Mint could have their prices float with spot bullion plus a stated mark up, but guess that is not possible.