May 13, 2008: Commodities, Proof Like Morgan Dollars, Bald Eagle Coin Mintages

Welcome back to Coin Update!

It's been a relatively quiet news period, but there are still plenty of stories to note. Today's round up includes counterfeit coins, Proof Like Morgan Dollars, Bald Eagle Coin Sales, Standing Liberty Quarter, the Ultra High Relief Saint Gaudens Gold Double Eagle, and notable auctions. On to the links...

A commodity snapshot in charts.

Coin Collector's Blog tells you to watch out for counterfeits.

In what seems to be a popular method of protest, a student from the University of Calgary paid his tuition with over 100 kilograms (over 200 pounds) of coins. He was protesting the University's decision to no longer accept credit cards.

Coin World has a great article on Proof Like Morgan Dollars, which includes information on the origin, characteristics, and degrees of reflectivity.

Bald Eagle Commemorative Coins have now been on sale for over 4 months. Take a look at the most recent mintage figures.

Check out the original bronze cast for the Standing Liberty Quarter.

CoinNews makes the observation that when penny composition changes were first discussed, the cost of making a penny in 2007 was revealed as 1.67 cents. The cost today is 1.26 cents, showing some huge volatility for even a small time period.

Dave Harper comes up with some ideas for a first strike ceremony for the 2009 Ultra High Relief Saint Gaudens Double Eagle.

And now for some notable auctions. First up, an 1861 Confederate Cent NGC PF 61 which includes the interesting back story of the coin.

The "other key date Morgan" in high grade. Here's an 1889-CC Morgan Dollar PCGS MS61.

That's it for today. See you tomorrow!