Coin Update

Welcome to Coin Update!

We’re back with another round up of coin collecting news from around the internet! Some notable stories on gold and silver. Big new at the US Mint as they announce a huge reduction in the number of product offerings and a special “Last Chance Sale.” Also, CoinStar offer, PVC contamination, ANA’s Coin Week theme contest, COTY nominees, and notable auctions. On to the links…

An interesting piece on gold, giving consideration to factors keeping the price down while weighing factors that should be driving the price higher.

Legendary investor Jim Rogers chooses silver over gold as a precious metals investment.

The United States Mint announces shocking cuts in their product offerings starting in 2009. Products such as fractional American Buffalo Gold Coins and fractional American Platinum Eagle Coins will be discontinued.

On the same day the US Mint has announced a Last Chance Sale where they will sell off remaining inventory of discontinued and leftover products. Follow the link for a complete list of the products that will go on sale November 15.

An appealing offer from CoinStar. Turn in $40 worth of coins and receive $50 worth of Amazon Gift Certificates.

What is PVC contamination and more importantly, how do you remove it?

The ANA announces the 2009 National Coin Week Theme Contest.

Numismaster announces the nominees for the “People’s Choice” Coin of the Year Award. From Canada the 100 kilo Gold Maple Leaf was nominated. From the US, the 2007 Jamestown Commemorative Silver Dollar.

A coin market report published on CoinLink following last weekend’s Coinfest.

And now for some notable auctions. First, a beautiful proof Walker. This 1938 Proof Liberty Walking Half is graded NGC PF 66 with Star designation.

A complete set of all 100 State Quarter $25 Bags. Nearly all of the bags are in unopened Mint shipping boxes.

Last, extremely tough to find in DCAM, this 1965 SMS Kennedy Half is graded PCGS MS66DCAM.

Have a great evening!