April 14, 2008: Army Commemorative Coins, Coin Collecting Boom in India, Short Term Decline for Gold & Silver?

American Silver EagleWelcome to your Monday edition of Coin Update!

Gold and silver spent the last week quietly consolidating, but some are calling for a short term price decline. Also results from a Harris Poll on dollar coins and pennies with some interesting details, the coin collecting boom in India, an incredible circulation find, auctions from the CSNS, proposed Army Coins, and notable auctions. On to the links…

Are gold and silver setting up for a short term decline? Here’s a technical look at the recent price action in gold that does not seem to bode well.

Numismaster takes a detailed look at the price history of silver and its recent outperformance of the other metals.

Results from a Harris Poll: the majority of the American public prefers dollar coins to bills and supports the penny. The results include some interesting breakdowns of the results by income and gender.

How did Princeton end up with a collection of 800 rare coins from medieval Greece? The New York Times takes a look at university gifts.

I keep seeing articles like this one about the boom in coin collecting in India.

Once in a lifetime circulation find: 1892 Barber Dime.

Mint Error News #23 is now available for free download. Check out the glowing review by About.com Coins.

Remember the coin forum held by US Mint Director Ed Moy before the release of the New Mexico State Quarter? Here’s brief piece from Numismatic News covering the event.

CoinLink takes a look at some of the auction lots from the Central States Numismatic Society convention. Some unusual Morgan Varieties will also be offered.

Legislation proposing Army Commemorative Coins for 2011 is introduced.

Time for some notable auctions. First, a truly stunning Matte Proof Lincoln Cent offered at the CSNS and avialable for bidding through eBay Live Auctions: 1914 Lincoln Cent Matte Proof PCGS PR68RD.

For the lot collector, here’s a lot of 20 2008-W Silver Eagles PCGS PR70DCAM.

That wraps it up. See you all tomorrow!

One Response to “April 14, 2008: Army Commemorative Coins, Coin Collecting Boom in India, Short Term Decline for Gold & Silver?”

  1. Hi: I’m new to coin collecting (about 1 year). Is it just me or is everyone except the big coin dealers & mints having thier orders from the mint delayed. Most of the time I can buy the coins I ordered from the U. S. Mint on E-Bay before mine are even sent (somtimes weeks). I order mine within seconds or a few minutes of becoming available. Is it possible that we are getting the coins rejected & sent back my the big coin dealers & private mints? Do they ck. the grade and if not ms70 or pf70 send them back. I never had this problem untill the new internet servicing company took over. Anyone having the same problem? Thank you —-Ike

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