Happy Friday from Coin Update!
Precious metals wind up relatively flat this week, following last week’s heavy decline. Also, Denmark joins the trend of eliminating its lowest value coin, the Ethopian Gold Scandal, a new coin encyclopedia, roll certification program, Fun Friday Links, and notable auctions. On to the links…
Kitco provides a detailed precious metals and economic review for the week just ended.
In what appears to be a continuing worldwide trend, the smallest denomination coin in Denmark will be removed from circulation. CoinNews has the scoop.
A follow up to the Ethopian Gold Scandal. Around 26 people have been arrested related to the 90 kilograms of fake gold found in the vaults of Ethopia’s central bank.
NGC has announced the launch of an online Coin Encyclopedia. It provides historical summaries and images of over 200 different coin types.
2008-W Burnished Gold Eagles are set to go on sale April 1.
PCGS has announced an innovative Roll Certification Program.
Is there a “bloodbath” coming for eBay?
Dollar Coins not accepted here.
For some Fun Friday Links, check out the MegaPenny Project. It’s about visualizing what large numbers of pennies would look like.
The truth behind the ever popular Two Headed Coin.
And I’m still scratching my head about this one. According to this article, approximately $150 worth of coins were found in an old clothesline pole. That’s a nice find, but read some of the quotes: “This is more than I would have ever dreamed I could find in my lifetime” and “We’ve hit the motherload.”
Dream bigger!
Next up, some notable eBay aucitons. It was the first State Quarter and it’s off center. Here’s a 1999 Delaware Quarter Struck 40% Off Center.
Relatively affordable high grade early gold: 1908 Saint Gaudens $20 Gold PCGS MS66.
And to wrap it up, 2008-W Bald Eagle $5 Gold NGC PF 70 Ultra Cameo and MS 70.
