March 14, 2008: $1,000 Gold, The Coin Modernization and Taxpayer Savings Act of 2008
A belated welcome from Coin Update!
You may notice this post is coming a bit later than usual. I had some computer issues.
The big story yesterday was gold briefly crossing the $1,000 per ounce level. The gold story is gaining traction in both financial and mainstream press as the so-called “New Gold Rush” takes hold. Also, more on possible composition changes for US coins, the return of a classic, PVC, organization your collection, and notable auctions. On to the links…
Gold hits $1,000 in yesterday’s trade, before pulling back to close at $993.80. This Kitco Analyst paints the background picture, this New York Times article approaches the story from the perspective of a few businesses that use gold. Quote: “This whole thing has been nothing but a headache.”
The most recent scoop on The Coin Modernization and Taxpayer Savings Act of 2008. And Ron Paul’s perspective for anyone who couldn’t guess it.
The US Mint announces plans to recreate America’s most beautiful coin, August Saint Guadens’ Gold Double Eagle.
This Numismaster article takes a look at PVC contamination. Recommendations on how to avoid it and how to follow your own advice.
Need a Friday project? Some tips on organizing your coin collection.
And a few notable auctions to wrap up the week. An auction for unopened GSA Morgan Dollars.
A perfect proof Quarter. 1978-S Washington Quarter PCGS PR70DCAM.
Have a great weekend!
