December 3, 2008: US Mint Director Speculation, Platinum Eagle Order Cancellations

Ultra High Relief GoldWelcome back to Coin Update!

Here comes another round up of coin collecting news from around the web! First, two articles on gold. Also, speculation about the next Director of the US Mint, order cancellations pile up for 2008-W Unc Platinum Eagles, US Mint warns on Obama coins, coin doctoring, Presidential Dollar mintages, and notable auctions. On to the links…

You have to get a chuckle out of this misleading headline. It states “Gold headed for biggest annual drop in 7 years.” While technically true, it would actually be gold’s only annual drop in 7 years.

And here is an article I wrote on Seeking Alpha regarding the rash of recent positive analyst opinions on gold. Should you be worried?

Rumors about a the next Director of the United States Mint are heating up. Susan Headley reviews some of the potential names.

Many orders placed for the now sold out 2008-W Uncirculated Platinum Eagles are being canceled by the Mint. The cancellations sometimes come weeks after orders were placed leaving many customers unhappy.

The US Mint joins the recent chorus of warnings about the so-called “Barack Obama Presidential $1 Coins.” From their consumer awareness page: These items are not official United States Mint products. Furthermore, these products, businesses, and advertisements are not approved, endorsed, sponsored, or authorized by the United States Mint, the Department of the Treasury, or the United States Government.

Surveying the numismatic landscape with regards to “coin doctoring.”

Mintages for the Martin Van Buren Presidential Dollar have been released and mark a new low for the series.

Numismaster provides some recent reports of Martin Van Buren Edge Errors.

What are the five ugliest State Quarters? Share your opinion on Coin Network.

And now for some notable auctions. First, two visually impressive multi error coins: a 1999 Delaware Quarter 85% brockage and 25% off center and a 2000 Lincoln Cent Double Struck Die Cap with the second strike 70% off center.

This seems like a great price for 50 1988 Silver Eagles graded NGC MS 69.

And last, an impressive collection of 66 BU Lincoln Cent Rolls. Most of them are Wheat Rolls.

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