September 8, 2008: Rare Coin Saves Home, Coin Collecting and Choice
Welcome back to Coin Update!
It’s a relatively quiet coin news day as the world’s attention is on Frannie Mae and Freddie Mac. But we still have some thought provoking and intriguing coin collecting stories from around the web! First, debunking gold and silver market manipulation. Also, Direct Ship Presidential Dollars, rare coin saves home, coin collecting and choice, the story of two youths who found a hoard of gold coins, and notable auctions. On to the links…
There has been a lot of talk about manipulation in the gold and silver markets. This article might provide some second thoughts if you buy into the manipulation theory.
The US Mint’s Direct Ship Presidential Dollar program has been a success in terms of sales. Seven out of eight presidents have sold out. But is the program having a meaningful impact on dollar coin circulation?
A couple on the verge of losing their house find a rare 1873-CC Seated Liberty Dollar. Proceeds from selling the coin help them keep their house.
Dave Harper, insightful as always, talks about free choice and coin collecting.
A new book has been released telling the tale and later tribulations of two youths who discovered a hoard of gold coins during the Depression era.
A sign of the times? A new cash machine that dispenses coins will allow customers to withdraw as little as £2. Quote from the article: “I hate when I go to a cash machine… and see that I only have £9. Now I’d be able to get a taxi home.”
And now for some notable auctions. First, a frosty 1939 Proof Liberty Walking Half graded NGC PF 66.
Back in 1999, I actually found a rotated die State Quarter in circulation. Here’s a Delaware Quarter on eBay with 90 degrees counterclockwise rotation.
Last, the key date 1909-S VDB Lincoln Cent. The coin has been graded by ANACS in the pre-slab era as MS 63/64 and has the old ANACS grade card.
