June 19, 2008: Things to Come from eBay, Rare Coin Demand
Welcome back to Coin Update!
Ready for some fresh stories and articles on coin collecting? First, gold nears an important technical level. Also, devaluation of currency and inflation, things to come for eBay, flea market find, coin shortage, the demand for top quality rare coins, and notable auctions. On to the links…
Gold is nearing its 200 Day Moving Average, many are anticipating that holding this level will provide support for the next leg up.
My Great Uncle always used to tell me “Don’t take any wooden nickels.” Here’s a well written article that takes you through Gresham’s Law, devaluation of currency, and inflation.
At a recent developer’s conference, eBay gave an overview of things to come, including “choice listings,” more mandated information for listings, and improvements for large sellers.
An incredible find from a box coins and medals purchased for $5 at a flea market.
The annual PNG Day will be held on July 29, 2008 in conjunction with the ANA World’s Fair of Money.
Another coin shortage, but the locals have found another way to store wealth.
This Sunday Teletrade will be holding a live auction, which includes many California Fractional Gold Coins.
Do prices have to go up? Read what Legend Numismatics says about the demand for top quality coins.
And now for a few notable auctions. First, a complete collecting of 1950-1963 Proof Franklin Halves. All coins are in old PCGS rattler holders.
And the 2008-W Silver Eagle Reverse of 2007 in the lofty grade of PCGS MS70!
That’s it for now. See you Friday!
