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April 16, 2008: Gold Conspiracy? eBay’s Live Auctions Discontinued, CoinStar’s Change for Our Earth
By admin | April 16, 2008
Welcome to Coin Update!
The recent price of gold and an important upcoming meeting. Also, a WSJ story about eBay, the end of Live Auctions, feedback on counterfeit slabs, and off beat coin related tale, CoinStar and the environment, Barber Halves, and notable auctions. On to the links…
After a flat week gold has started to creep higher as oil extends to new highs.
Speaking of the price of gold, has their been a worldwide central bank conspiracy to suppress the price? The Gold Anti Trust Action Committee will meet this weekend, keep an eye out for developments from the meeting.
The Wall Street Journal has an article taking a look at eBay’s recent efforts to attract more buyers to its website.
Separately, eBay has announced that they will discontinue Live Auctions at the end of the year. The Live Auction format allowed you the opportunity bid on items at physical auctions like the upcoming Heritage CSNS Auction.
Susan Headley provides reader responses to the issues surrounding PCGS and NGC’s handling of the recent bout of counterfeit slabs.
In an off beat story making the rounds, a burglar stole a rare coin collection and then brought the coins to a bank for safekeeping. The teller at the bank just happened to be the person he stole the coins from!
Here’s one aspect of CoinStar’s service that you don’t often hear discussed- by cashing in coins laying around your house, you are helping the environment. CoinStar puts the coins back in circulation, decreasing mining, refining, and shipping related to the production of new coins. Check out Change for Our Earth. Found via ecogeek.
A brief market update discussing the increase in overseas transactions.
Numismaster takes a look at Barber Halves from New Orleans and San Francisco.
And now for some notable auctions. First the key date 1916-D Mercury Dime, unfortunately cleaned, but certified as genuine by NCS. The coin looks to have BU details and FSB.
Up second, a 15 cent coin, or a Double Denomination Error featuring a nickel struck on a dime.
And to wrap it up, an original roll of 1996 American Silver Eagles, the key date of the series.
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April 16th, 2008 at 5:43 pm
I hope you post the developments from the upcoming GATA meeting. It sounds as if it will be very interesting.