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April 2, 2008: Gold Speculation, Chinese Coin Counterfeiting, Burnished Gold Eagles
By admin | April 2, 2008
Welcome to Coin Update!
There’s a resurgence of stories about gold as the decline takes out the $900 per ounce level. Also, the scoop on palladium, a balanced penny article, inside a Chinese Coin Counterfeiting Ring, sales begin and end at the U.S. Mint, and notable auctions. On to the links…
The recent decline in gold has led to a fresh round of speculation about what lies next for the yellow metal. Chart followers see the near term uptrend broken, but support around the $850 level. Some are calling the end of the gold bubble. Tom Michael has a brief post which links out to some interesting coverage.
Lately, I’ve been hearing a bit about platinum’s less expensive cousin, palladium. Here’s a fresh article about investing in palladium.
There have been plenty of articles on both sides of the penny controversy, but this one takes a pretty balanced look at both sides of the coin.
Dave Harper gives out two Numismatic Ambassador Awards.
Susan Headley takes an eye opening look at a Chinese Coin Counterfeiting Ring including a large photo gallery.
Yesterday, US Mint sales of 2008-W Burnished Gold Eagles began and sales of 2007-W Burnished Gold Eagles ended.
A souvenir from the Coin Bucket.
Coins on the radio (on the internet)!
One more from April Fool’s Day, the one cent coin has been abolished.
And now for some notable auctions. The key date of the Morgan Dollar series: 1893-S PCGS VF35.
A stunning Buffalo Proof: 1937 NGC PF 67.
Did you miss eBay’s last celebrity auction to win a date with Scarlett Johanson? Well, now you have a chance to meet Jennifer Love Hewitt.
Have a wonderful day!
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