• Subscribe to Coin Update

  • Notable Auctions

  • Sponsored Links

  • « June 9, 2008: 2008 Silver Eagle Shortage Gets Worse, Virgin Islands Quarters, 2008 World’s Fair of Money | Home | June 11, 2008: Army Infantry Coins, Rhodium, Louisa Adams Sales Figures »

    June 10, 2008: Oil and Gold, Summertime Coin Collecting

    By admin | June 10, 2008

    Sacagawea DollarWelcome back to Coin Update!

    Let’s try to shake away the summer doldrums with a round up of recent coin news from around the web! First up, an interesting look at the relationship between oil and gold, and between gold coins and gold mining shares. Also, the 2008 Silver Eagle shortage saga continues, a look at the actions of US Mint Director Edmund Moy, summertime coin collecting, and notable auctions. On to the links…

    The rising or falling price of oil is often cited by the media as the underlying cause for movements in the price of gold. But so far for 2008, there has been a wide discrepancy between their performances.

    According to this article, gold coins have far outperformed gold mining company shares since the start of the millennium, which runs counter to traditional thoughts.

    Mint News Blog takes us through the recent events of the great 2008 Silver Eagle shortgage.

    Coin Collector’s Blog takes a look at some of the policy moves and other actions of US Mint Director Edmund Moy and their implications.

    Some fun facts on the paper dollar bill versus the dollar coin.

    Will Peru also try to claim some of the treasure from Odyssey Marine Exploration’s “Black Swan”?

    From World Coin News, a blog which follows new world coin types, the 2008 1 kroon from Estonia.

    What does the summer hold for the hobby of coin collecting?

    And now for some notable auctions. First, the 2000-P “Wounded Eagle” Sacagawea Dollar PCGS MS66. This coin is required for the PCGS Registry Complete Variety Sacagawea Set.

    How about the key date of the Peace Dollar series? Here’s the 1928 Peace Dollar PCGS MS64.

    That’s it for today. Try to stay cool in the summer heat!

    Receive the latest coin collecting news every weekday. Subscribe to Coin Update by email or RSS feed.

    Topics:

    Comments