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May 29, 2008: Precious Metals Decline, World’s Largest Coin, Platinum Eagles
By admin | May 29, 2008
Thanks for visiting Coin Update!
Today precious metals are continuing to decline, bringing forth some increasingly divergent predictions about future prices. Also, a commemorative coin for the first man to scale Mount Everest, the world’s largest coin, Paypal’s glitch, a great coin related domain name, platinum eagles, and notable auctions. On to the links…
Gold, Platinum, and Silver continue their wild ride. Last week the metals were making multi-week highs, this week they are making multi-week lows.
Forecasts on the future path of gold and the other metals are becoming increasingly divergent.
If Gold does continue to decline, will scarcity premiums return for early date gold?
New Zealand has issued commemorative gold and silver coins for the anniversary of Sir Edmund Hillary’s conquest of Mount Everest. Here’s the scoop from Stuff.co.nz.
Some great pictures of the world’s largest coin. It’s over 100 kilograms and is made of 99.999% pure gold.
I haven’t noticed any problems personally, but apparently Paypal is in the midst of a 12-day glitch that has many merchants up in arms.
Does anyone want to buy the domain name Numismatics.com? It’s currently up for grabs, but with a hefty price tag.
Viewpoint: Dealers Can’t Forget the Average Collector.
Flashback! Do you remember when you used to be able to buy the 4 Coin Proof Set of 1997 Platinum Eagles for only $1,350?
And now for some notable auctions. Here’s a 1930 Standing Liberty Quarter PCGS MS65 Full Head in an old PCGS rattler.
Beat the 2008 Silver Eagle shortage with this Sealed Green Monster Box of 500.
See you Friday!
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