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June 5, 2008: PCGS Genuine Service, Illegal 2008 Silver Eagle Rationing?
By admin | June 5, 2008
Welcome back to Coin Update!
Some interesting articles on the future for gold. Also, the CEO of Collector’s Universe on Coin Chat Radio, PCGS’s new “Genuine Service,” illegal 2008 Silver Eagle Rationing, D.C. Quarter Designs, and notable auctions. On to the links…
As indicators point “every-which-way,” gold seems to have moved into a sideways trend. Will the doldrums continue through the summer months?
What would happen if any world government moved towards a gold backed system?
The CEO of Collector’s Universe, the parent company of PCGS, will be featured on Coin Chat Radio today to discuss the state of the industry.
PCGS has begun offering a “Genuine Service.” Problem coins ineligible for grading can now be encapsulated by PCGS with an insert reading “GENUINE.”
According to this open letter to Hank Paulson and Ed Moy, the rationing of 2008 Silver Eagles is illegal.
CoinNews.net has the three proposed Washington, D.C. Quarter Designs. If you are a D.C. resident, you can cast a vote on your favorite design here.
Amongst other things, Coca-Cola spent money lobbying on the proposed legislation that would change the metallic content of coins.
And now for some notable auctions. Platinum Eagles from 10 years ago. Here’s the 4 Coin 1998 Platinum Eagle Proof Set.
The highest graded 2005 Speared Bison Nickel NGC MS 67.
A no reserve auction for a 1922 Plain Lincoln Cent PCGS AU 53 Strong Reverse.
That’s it for today. See you Friday!
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