September 11, 2008: Gold Prices, Coin Blog, 2008 Platinum Eagles

Welcome to Coin Update!

We're here to bring you a daily round up of the most interesting and important coin collecting stories of the day. First, gold continues to decline. It's been a rough September. Also, the 2008 gold price history, a new coin blog to check out, coin legislation, 2008 Platinum Eagles, shrinking Fiji coins, and notable auctions. On to the links...

Gold falls for the ninth day in a row. Gold is yet to post a gain for a single day in September.

Numismaster has some significant events of recent history that have impacted the price of gold. The article also includes a chart of the closing gold, platinum, and palladium prices for all of 2008.

A new coin blog surfaces. Check out Coin Talk with Mike De Falco. His most recent post takes a look at Deep Mirror Prooflike Morgan Dollars at the Baltimore ANA.

New coin legislation has been introduced for Five-Star Generals Commemorative Coins.

The 2008 Platinum Eagles are still under sales suspension at the US Mint. This includes the collectible 2008-W Uncirculated coins and Proof coins. Will they ever come back? If not, they will end up with some extremely low mintages.

This local article takes a look at the life of a Canadian coin collector.

Changes are coming for the coins of Fiji. The lowest denomination 1 and 2 cent coins are being removed from circulation. The remaining coins will shrink. Smaller and lighter 5, 10, 20, 50, and $1 coins will replace the current versions.

And now for some notable auctions. You can't get them from the Mint, but here are the 2008-W Uncirculated and Proof Platinum Eagles available on eBay. Don't expect any bargains, most carry high BIN prices.

Here's a nice looking partial AU-BU Mercury Dime Set.

And last, a flashy 1937 Proof Buffalo Nickel PCGS PR65 in an old green holder.