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July 11, 2008: National Parks Quarters, 2008-W Silver Eagle Reverse of 2007
By admin | July 11, 2008
Welcome to your Friday edition of Coin Update!
Let’s wrap up the week with a fresh round up of coin collecting news! First, gold continues its recent run, the National Park Quarters get one step closer to reality, some reactions from both sides of the coin, two $1,000 bills, coins as investments, 2008-W Silver Eagles with Reverse of 2007, and notable auctions. On to the links…
This morning gold is surging once again, hitting a 3 and 1/2 month high. Other precious metals are along for the ride.
An interesting analysis on the relationship between oil, gold and the Dow during four key time periods.
The National Parks Quarter Bill is passed unanimously by the House of Representatives. In order to become law, it must still pass the Senate and be signed by the President.
Wyoming is looking forward to the new program since their Yellowstone National Park would grace the first new quarter.
But not everyone is thrilled about the idea of another 11 or 22 years of rotating quarter designs. Here’s the letter previously sent to his Representative.
Exactly how many 2008-W Silver Eagles with Reverse of 2007 were produced by the Mint? The current estimate is 47,000, but we might get some better data soon. See this CU Forum thread about a request for information under the Freedom of Information Act.
Here’s an offbeat story about two $1,000 bills that an elderly woman deposited into her local bank.
Do you pursue coin collecting as a hobby or an investment? Here’s a look at the rates of return for certain coin series from 1971 to 2008. In my opinion, if you are collecting coins for investment, focus on high grades or key dates for better rates of return, and try to have some fun anyway!
And now for some notable auctions. First a roll of 1963-D Franklin Halves with some nice end roll toning.
The latest First Spouse Gold Coin in top grade. Here’s the 2008 Louisa Adams PCGS PR70DCAM.
And for anyone still looking for one, here are the 2008-W Silver Eagles with Reverse of 2007 currently on eBay.
Have a great weekend!
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