May 17, 2012

March 3, 2008: Silver and Gold Again, 2008 Sacagawea Dollars, Paulson on the Penny

Welcome to your weekend and Monday edition of Coin Update!

Silver and gold related stories are dominating the headlines as metals prices continue to push higher. As of this morning, silver has prevailed in the race towards the key levels of $20 silver and $1,000 gold. Also more on the fate of the penny, 2008 Sacagawea Dollars, a new web based coin radio station, and notable auctions. On to the links…

Numismatic News runs the headline story Metal Prices on Fire.

Did you know that for the past several years, world gold production has been falling?

The U.S. Mint has set the release date and pricing for the 2008 American Gold Eagle Proof Coins.

What would happen if we adopted the gold standard? Here’s one view.

With the price of silver at a multi decade high, perhaps it is time to take a refresher on how to detect fake silver coins.

Still more interesting stories about the penny. Treasury Secretary Henry Paulson thinks we should get rid of the penny.

At one school, you can actually get in trouble for spending pennies. 29 students at a Pennsylvania Middle School received detention for paying for their $2 lunch in pennies.

Legislation authorizing the production of 2008 Sacagawea Dollars was signed into law on Friday. The U.S. Mint had previously pulled sales of the coins after they realized they did not have legal authorization to sell them.

Krause Publications announces the upcoming launch of a web based radio station Coin Chat Radio.

Curator & Collector has a thorough review of the coin blogosphere in February. Well worth the read for discovering what’s out there.

And now for some notable auctions from eBay. Here’s the ever popular 1909-S VDB Lincoln Cent PCGS MS65RD at an upcoming eBay Live Auction.

The key date of the Silver Eagle series in top grade. Here’s the 1995-W Silver Eagle NGC PF 70 Ultra Cameo.

That’s it for today! (whew!)

Comments

  1. Thanks for the link & the kind words! Keep up the good blogging.

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