November 25, 2009: Gold and Silver Eagles Suspended, Lincoln Cents Video, Zachary Taylor Dollar Launch
Welcome to Coin Update!
We're back with one final round up of coin collecting news before the Thanksgiving holiday! First, the US Mint has once again suspended sales of one ounce Gold and Silver Eagle bullion coins. Also, gold reaches a record high price, 2008 Gold Buffalo proof coin mintages, Lincoln Cents video, missing RCM gold investigation, father and son coin collecting, gold storage, Zachary Taylor Dollar launch ceremony, and notable auctions. On to the links...
The United States Mint has suspended sales of one ounce Gold and Silver Eagle bullion coins. Strong demand for bullion coins depleted the available supply, although the Mint expects to resume sales in early December.
Coin Update News has recently started providing daily commentary on gold prices. Here's today's article Gold Reaches New Record High Above $1,080.
Updated sales figures have been provided for 2008 Proof Gold Buffalo coins. The revised numbers show some dramatic shifts from the last reported figures.
A new coin video guide has been released on Coins TV! Watch the latest video about the Lincoln Cent.
An investigation into the 17,514 troy ounces of gold missing from the Royal Canadian Mint has been completed. The RCMP has found that there was no theft involved, however, the question of what happened to the gold still remains.
A refreshing story about a father and son coin collecting team and their efforts to assemble a set of Seated Dollars.
The Wall Street Journal has a story on the problem of gold storage. HSBC recently told retail clients to remove their small holdings from its vault to make room for more lucrative customers.
Yesterday the United States Mint held the official launch ceremony for the Zachary Taylor Presidential Dollar in Orange, Virginia. Here's some local news coverage with impressions from some schoolchildren who attended the ceremony.
Highlights from Bowers and Merena's November 2009 Baltimore auction.
And now for some notable auctions. First, a 1936 Proof Lincoln Cent graded PCGS PR65RD.
Flashback! Here's the 1986 Proof Gold Eagle in original US Mint packaging. Back then the coins were originally sold by the Mint priced at $550 each.
Last, here is the 1955 Double Die Lincoln Cent graded PCGS MS63RB. The auction is held with no reserve.
That's it for today. Have a wonderful Thanksgiving!
