Welcome back to Coin Update!
We’re back for another round up of coin collecting news. First, articles bullish on silver and bearish on gold. Also, Obama Coins are now available for sale to the public, a hoard of Gold Half Eagles, new coin book, rare coin returns home, Boy Scout coins signed into law, and notable auctions. On to the links…
Barron’s sees a coming rally for silver, or as the call it “poor-man’s gold.”
For a different perspective on gold than many are used to reading: Is Gold a Sucker’s Bet? From the article: “Maybe I underestimate the amount of thought that gold bulls have put into their investment thesis, but individuals with whom I have spoken seem to fall into the camp of blind faith.”
The firm behind the controversial Obama Coins has issued a response and is now offering the coins for sale to the public.
PCGS has certified a hoard of 262 Indian $5 Gold Coins. They were found in an unclaimed bank safe deposit box.
A new book from David L. Ganz titled Guide to Coin Collecting.
If you receive fake pound coins what should you do with them? You are legally supposed to turn them over to the police, but here’s a different opinion.
Paul Hollis helps bring a $2.5 million one-of-a-kind 1844-O Proof Gold Eagle back “home” to New Orleans.
The President has signed the Boy Scouts Commemorative Coin Act into law. The act authorizes the production of up to 350,000 silver dollar coins for 2010.
Congrats to Coin of the Day, whose latest acquisition gives him at least one of every non-gold circulating US coin!
And now for some notable auctions. First, the 2006 20th Anniversary Gold Eagle Set with all coins graded PF 70 by NGC.
A stunning 1936 Proof Mercury Dime. NGC has graded the coin PF 67.
And last, pickings are getting extremely thin for 2008-W Uncirculated and Proof Platinum Eagles. There are only a few high priced Buy It Now listings currently on eBay.
Happy Columbus Day! Today’s coin image is the 1992-W Columbus Quincentenary$5 Gold Commemorative.
Socialist billionaire George Soros has been backing Obama, good on him and we will also send him a silver coin.
I think it’s great that a coin hsa been produced with the lackest of Obama. If I had one I would wear it pride.It’s shame that we as people would look down on a person simply because of color. Had Obama been of any other denomination this election for our nations leader would be run-away for the democratic party. If I had the coin I would wear it with pride.
http://www.presidentobamagoldcoins.com