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March 10, 2008: ANA Names Executive Director, Gold and Gold Jewelry, US Coin Metal Composition Changes
By admin | March 10, 2008
Welcome back to Coin Update!
There were several important coin related stories that hit the news on Friday- a new executive director for the ANA, an auctioneer acquisition, and a permanent CEO for Escala Group. Also, some articles on the price of gold and gold jewelry, a reintroduced bill for US coin composition changes, Monroe Massachusetts, the history of coin grading, and notable auctions. On to the links…
The ANA named Larry J. Shepherd its new executive director. He is a former banking and investment executive with background as both a coin collector and coin dealer.
Spink, the London based world leading auctioneers of coins, stamps, medals, bank notes, bonds, and share certificates has acquired New York based auction firm R.M. Smythe & Company.
Escala Group, which includes well known numismatic companies such as Teletrade and Bowers and Merena Auctions, has named Greg Roberts as its permanent President and CEO.
From the New York Daily News, more on the “rush” to cash in old gold jewelry.
And here’s a piece from ABC News on changing jewelery trends in response to the rising cost of the gold content.
Don’t miss this story from Numismatic News: Will coin collecting ever be the same again?
A House bill to change the metal composition of US coins was recently reintroduced. Around the globe, Australia is starting to consider similar measures of either reducing the size of coins or changing metal composition.
An off beat story about the small town in Massachusetts which carries the name Monroe, after the most recently honored president of the Presidential Dollar series.
PCGS has released a video on the History of Grading. The video is from a luncheon speech by David Hall at FUN convention in Orlando given in January.
And now for some notable auctions. There are a couple of key date Lincoln Cents up for auction on eBay. The 1909-S VDB NGC MS 63 RB and the 1909-S PCGS MS64RB.
Wow, an unopened box of 25 1961 Proof Sets. Just think, this box has remained unopened for over 45 years!
That it for now. Have a great day!
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