March 17, 2008: Gold Rallies, Ultra High Relief Saint Gaudens Double Eagle Recreation, ANA
Welcome to your weekend and Monday edition of Coin Update!
Gold is rallying this morning on some shocking financial news, prompting lots of press. Also, the US Mint announces plans to recreate a classic, news from the ANA, the unexpected impact of eBay’s controversial changes, rare Roman coins discovered, and notable auctions. On to the links…
This morning gold is hitting fresh highs on a “global market panic” sparked by the $2 take under of Bear Stearns.
A street-level view of the “New Gold Rush” for sellers, and an exploration of investing options for buyers.
What happened to Ethiopia’s gold?
The US Mint announces plans to recreate America’s most beautiful coin, the 1907 Ultra High Relief Saint Gaudens Gold Double Eagle.
A treasure hunted finds two rare Roman coins from the reign of Carausius. More background and photos from CoinLink.
The new ANA executive director Larry Shepherd lays out some priorities, and this viewpoint explains why he is the right person at the right time. Also the adoption of a deficit budget.
Are eBay’s recent controversial changes actually working?
The coin of the day is the final circulating year for my favorite under appreciated series.
For today’s notable auctions, we have two often cited key date coins. First, the key date of the Lincoln series, the 1909-S VDB Lincoln Cent PCGS MS64RD.
Second, an eye-popping Proof 70 1995-W Silver Eagle.
Have a great Monday!
Re: coin of the day. I’m a big fan of the Barber coins, the Five Cent in particular. I’ve heard some people describe them the Barber designs as bland, but I always thought they had a classic, dignified look to them. There are at least a few of us that appreciate the series.