Welcome back to another edition of Coin Update!
We bring you a daily round up of the most interesting or important coin collecting stories from all over the web. First, two uncommonly negative stories on the future prospects for gold. Also, the 50 State Quarters Program wraps up, Gold Buffaloes sell out, Sacagawea Dollars, the coin shortage in Argentina, the winner of the Coin Network contest, and notable auctions. On to the links…
Every few weeks a round of negative gold stories seems to simultaneously pop up. Here’s one story of an “interventional analyst” who seeing the price of gold beginning to plunge on December 10th, eventually falling as low $455 per ounce.
Another post from an analyst who “called” gold’s recent 10% decline. He still sees gold as a “sucker’s bet.” While my bias on gold is positive, I think it’s important to always consider alternate viewpoints.
The US Mint issues a press release to mark the end of the 50 State Quarters Program and provide some highlights of the “most successful coin initiative in US history.”
All of the individual issues and 4 coin sets for 2008-W American Gold Buffalo coins are now sold out. What US Mint coins will be the next to sell out?
As the series ends, a look at the many different versions of the Sacagawea Dollar released in the nine year series, including the elusive “Cheerios Sacagawea Dollar”
Numismaster reveals the current top three standings for the Coin of the Year. Voting will continue to be open until January 4, 2009.
The Mexican Senate has now approved the proposal to shrink Mexican coins. The proposal awaits another vote from the lower house of Congress in February.
“No hay monedas.” A first hand account of the coin shortage in Argentina. Vendors would rather decline sales than be forced to give up precious coins as change.
The winner for the first Coin Network contest has been announced. From the 158 members who signed up during the inaugural week, one member was selected randomly to receive a 2008-W $10 Uncirculated Platinum Eagle.
Martin Van Buren’s Liberty First Spouse Gold coins have only been available for less than two weeks. But the first certified examples have already landed on eBay. Here’s one graded PCGS PR70DCAM First Strike.
Even though only recently sold out, 2008 Gold Buffaloes are attracting premiums. Here’s the 2008-W Uncirculated Gold Buffalo 4 Coin Set.
And last, all four of the American Legacy Collection Sets from 2005 to 2008 in a single auction.
That’s it for today. Have an enjoyable evening!
