December 10, 2008: US Mint Coin Picks, 2008 American Legacy Collection
Welcome back to Coin Update!
We're here to bring you another daily coin collecting news roundup. First, gold rallies above $800 and Fortune outlines the bull case. Also, 2008 US Mint sleeper hits, 2008 American Legacy Collection sales, the case against the dollar coin, nickel coin allergies, Christmas time silver dollars, and notable auctions. On to the links...
Gold regains the $800 level, rallying with platinum and silver.
A recent article on Fortune, outlining the case for gold.
From Mint News Blog, here's a list of potential 2008 US Mint Sleeper Hits. So far, it looks like this year is going to create some new key dates.
The sales figures for the 2008 American Legacy Collection show only 20,815 sets sold through December 7th. That's lower than last year's low number.
A coin article in the Western Journal of Medicine? Apparently nickel is a common allergy so the article provides a brief history of US coins with nickel content. (Found via Coinflation)
A guest opinion against dollar coins is published in the Tucson Citizen. It suggests that vending machine manufacturers lobbying efforts might be behind the government's big push for dollar coin adoption. The vending industry responds to some of the article's claims here.
A fascinating article from Numismaster on the Christmas time release of silver dollars from government vaults.
Answering the question: "What should I collect?"
And now for some notable auctions. The first State Quarter in perfect PCGS grade. It's the 1999-S Silver Proof Delaware Quarter PCGS PR70DCAM.
Here's a big lot of twenty 2008 $5 Gold Eagles all certified PCGS MS70 First Strike.
And last, the full 1995-W Gold and Silver Eagle Proof Set. All coins are graded NGC PF 70 Ultra Cameo including the key date 1995-W Proof Silver Eagle.
That's it for today! Have a good evening.
