Welcome back to Coin Update!
Gold extends its winning streak to two days, can it continue? Also, an inside look at the questionable practices of the World Reserve Monetary Exchange, the latest issue of Die Variety News Magazine, a spectacular proof Shield Nickel, coin storage albums, junk silver, and notable auctions. On to the links…
Yesterday gold continued to rebound off its recent lows, adding more than $16. Is the price of gold getting ready for the next leg up?
Last week’s decline in gold was painful to watch, but it also brought back talk of manipulation. Marketwatch covers some of the theories arising from lesser known corners of the internet.
A reaction to yesterday’s Wall Street Journal story on “precious coins. ”
We’ve seen the practices of the World Reserve Monetary Exchange questioned in blogs and in the mainstream press. Finally, a former call center employee tells all on CoinCollector.org.
The latest issue of Die Variety News Magazine has been published. Here’s a quick summary from CoinNews.
On April 15, an 1882 Shield Nickel graded PCGS PR68 sold for $27,600 even though the price guide value of the coin was $8,500.
How many of you out there started collecting in blue Whitman coin folders? Coin World takes a look at the evolution of coin storage albums.
While premiums for American Silver Eagles seem to be going up, premiums for junk silver has significantly declined.
And now for some notable auctions. First up, a pair of 1955 Double Die Lincoln Cents are currently up on eBay. One is graded MS63RB by NGC, the other is graded MS63RB by ANACS.
Next up, an 1833 Capped Bust Half with incredible two sided rainbow toning.
And last, a Triple Stuck 1964 Lincoln Cent.
That’s it for today!
