Welcome to Coin Update!
We’re here to bring you a round up of the most interesting or important coin collecting stories from around the web. First, gold posts its largest single day gain in dollar terms. Also, will there be layoffs at eBay, coins from a well, early proof coin prices soar, coin boards, treasure hunting, new coins from the British Royal Mint, and notable auctions. On to the links…
On yesterday’s events, gold jumped as much as $90.40 per ounce. Yesterday marked gold’s largest ever single day gain in dollar terms. Today gold continues to extend its gains.
A recent article in Barron’s suggests that eBay may be readying to lay off up to 10% of their employees as “seller discontent” continues to drive business deterioration.
Over a three year period, 27,500 coins were hauled up from the bottom of a well, cleaned, and counted.
Prices for 19th century and early 20th century proof coins have been soaring.
Marilyn Monroe: Coin Collector?
Intriguing background on the coin board titan.
Have you ever wanted to get into treasure hunting? Here’s an article with some encouraging words and tips from a long time treasure hunter.
The British Royal Mint announces a commemorative coin series to honor Prince Charles 60th birthday. The gold version has a scant mintage limit of 1,500.
And now for some notable auctions. One of the first coins struck by the US Mint, the 1793 Large Cent.
Check out the incredible toning on this 1966 Kennedy Half. It’s graded MS 66 by NGC, but surprisingly did not receive the Star designation.
Is now the time to buy silver? One way to invest is with 100 ounce silver bars. Here’s a 100 oz. Engelhard Silver Bar.
See you Friday!
