October 3, 2008: Gold Mining, Price of Platinum, Original 1861 Confederate Cent

Welcome to Coin Update!

Before you pack up for the weekend, here’s a round up of coin collecting news! Several interesting articles on gold, including the story of a one man mining operation. Also, the price of platinum, getting 2009 Lincoln Pennies early, 1861 Confederate Cent, Stack’s 73rd Anniversary sale, and notable auctions. On to the links…

If the figures in this article are correct, there have been times when demand for Gold Eagle Bullion coins was higher than the current demand.  Why didn’t the US Mint suspend sales back then?

With platinum now below the $1,000 level, here’s a timely look at the metal and its pricing history.

The story of a one-man gold mining operation in California. In the late 1970s, he bought a property with an old gold mine on it, and made his money back in a week or two. He has been making a living mining since.

A question that will be on a lot of people’s minds in early 2009: How can I get the new pennies early?

The first “Spiked Head” for a 2008 proof coin has been reported.

One of the twelve original 1861 Confederate Cents will go up for auction on November 6.

The Perth Mint has launched a series of five one ounce silver proof coins featuring motorbikes.

Stacks will hold its 73rd Anniversary sale on October 22. Here are some highlights from the auction.

And now for some notable auctions. First, a big wow for this 1932-S Washington Quarter graded NGC MS66 with CAC sticker. None have been graded higher. Along with the 1932-D, this is the key date of the Washington series.

Want to spend some time looking for the 1995 Double Die Lincoln Cent? Here’s a $50 Mint Sewn Bag of Cents from March 20, 1995.

Interesting Mint Error. Here’s a copper nickel blank planchet that would have been from any year between 1856 to 1864.

Have a wonderful weekend!