December 22, 2008: Gold Trends, 2009 Coin Predictions, National Parks Quarters Veto?

Welcome to Coin Update!

We have a brief coin collecting news update for today, during what will be a holiday shortened week. First, two technical examinations of gold. The Washington Metro begins using dollar coins,  an article strongly opposed to the National Parks Quarters series, the coinage problems in the Philippines, 2009 coin predictions, and notable auctions. On to the links…

Two interesting technical examinations of precious metals. The first sees bullish patterns for gold and silver. The second sees encouraging long term trends and highlights the new high for tonnes in the GLD trust.

As announced by the US Mint, the Washington Metro Transit system now accepts and dispenses dollar coins. Point of interest at the end of the release, the US Mint recycles 1% of its old coins into new coins annually.

A pretty strong denouncement of the proposed National Parks Quarter series, calling for bush to veto the bill.

Susan Headley discusses a new, free ancient online coins magazine.

An intersting coin related story, bags of foreign coins and tokens thrown into Orlando toll booth baskets will be up for auction.

Another world coinage problem, this time in the Philippines.

An examination of the “third side” or edge of the coin published by Numismaster.

In the annual tradition, the 2009 Predictions from David L. Ganz.

And now for some notable auctions. First, the key modern commemorative in perfect PCGS grade. The 1997-W Jackie Robison Commemorative PCGS MS70.

A lot of ten sealed 20th Anniversary Silver Eagle Sets. Based on the post mark date the coins will qualify for First Strike designations.

Last, an intricately designed 1913 Hobo Nickel.