« October 8, 2008: 2009 Presidential Dollars, New PCGS President | Home | October 10, 2008: Gold Bullion Coins, The Perth Mint, Eliasberg Collection »
October 9, 2008: “Unprecedented” Gold Eagle Demand, Coin Market Report
By admin | October 9, 2008
Welcome to Coin Update!
We’re back to bring you another daily round up of coin collecting news! First, looking at the price of gold from another measure. Also, examining “unprecedented demand” for Gold Eagles, the end draws closer for the 50 State Quarters Program, a timely coin market report, and notable auctions. On to the links…
The real price of gold is soaring. That is, if you measure how much an ounce of gold will buy. According to the article, gold will buy a bigger basket of commodities now than at any other point in recent history.
The US Mint has continually stated that this year’s Silver and Gold Eagle suspensions and shortages were due to “unprecedented demand.” Mint News Blog takes a look at the so-called “unprecedented demand.”
Also in response to recent actions of the US Mint, Susan Headley asks “Is the US Mint Running Out of Coins?”
Wow, it’s been 50 States already! Dave Harper reflects as the 10 year State Quarter program draws to a close.
The Senator behind the amendment which relocated the motto “In God We Trust” to the obverse of the Presidential Dollar provides his comments following the newly released designs.
How is the coin market faring amidst the recent economic turmoil. Here’s the Doug Winter Market Report. One particularly useful piece of advice, “Whatever you do, don’t be a panic seller.”
Coined for Money provides a nice illustration of a die clashed coin.
And now for some notable auctions. First, a 2006 Colorado State Quarter Error, missing clad layer. I think the Colorado design looks particularly nice in copper.
An interesting Abraham Lincoln Bronze Plaque by Victor D. Brenner. The same design was later used for the Lincoln Cent.
And last, the prices for 2008-W Uncirculated and Proof Platinum Eagles have been higher on speculation this year’s mintages will end at record lows. Here’s are auctions for one-half ounce 2008-W Uncirculated and 2008-W Proof coins.
Receive the latest coin collecting news every weekday. Subscribe to Coin Update by email or RSS feed.
Topics:
