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August 22, 2008: Commodities Rebound, Direct Ship Washington & Jackson Presidential Dollars
By admin | August 22, 2008
Welcome to Coin Update!
Happy Friday! It’s time for another round up of coin collecting news from around the internet. First, the rebound in commodities and the Gold Eagle Shortage. Also, more Direct Ship Presidential Dollars, Alaska Quarters, squished pennies, DGS coins, and notable auctions. On to the links…
After a month of horrific declines, commodities head for their biggest weekly gain since 1975.
Here’s a timely comparison between paper gold and physical gold.
The LA Times on the Gold Eagle Shortage. The US Mint cites “unprecedented demand” as the reason for the suspension.
You can now get George Washington and Andrew Jackson Dollars for face value through the US Mint’s Direct Ship Roll Program.
The new Alaska State Quarter will officially be launched on August 29. Bags and rolls will go on sale at the US Mint’s website on August 25.
Coined for Money shows off some squished pennies. There’s also a link to PennyCollector.com, which can help you locate penny squishing machines all over the world.
Have you added any DGS graded coins to your collection yet? Here’s an update on submissions and sales.
How does the melt value of the penny compare to inflation as measured by the Consumer Price Index?
The benefit auction for the Ancient Coin Collectors Guild nets $45,811.
And now for some notable auctions. First, a full run of Proof Silver Eagles graded NGC PF 69 Ultra Cameo. This includes the rare 1995-W Proof Silver Eagle!
An amazing 1977 Canadian Cent Struck Fragment Error graded NGC MS 66 RD.
Last, a 1914-S Saint Gaudens Gold Double Eagle PCGS MS65.
Have a great weekend!
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