August 12, 2008: 2008 Silver Proof Sets, eBay Alternatives, Third Party Coin Grading
By admin | August 12, 2008
Welcome to Coin Update!
We’re back for another round up of daily coin collecting news. The price of gold is currently at its lowest level of the year. Also, the upcoming 2008 US Silver Proof Set, WSJ on eBay alternatives, third party coin grading, final thoughts on the World’s Fair of Money, Bald Eagle Coins, Roll Searching, and notable auctions. On to the links…
When will the fall in the price of gold stop? It’s already at its lowest level of 2008.
Less than a month ago, gold was approaching its old high. Why such rapid moves? I think this article makes some valid points.
The US Mint’s next annual coin set the 2008 Silver Proof Set will go on sale August 26. The price will be the same as charged for last year’s set.
The Wall Street Journal runs an article about frustrated eBay sellers finding new online marketplaces for their goods.
Some insights from Dave Harper. What does he think will be hot? The upcoming 2009 Lincoln Cents.
John Feigenbaum provides his thoughts on third party grading, CAC certification, and DGS.
Final thoughts on the 2008 World’s Fair of Money from Coin Collector’s Blog.
Here’s a look at the recent Bald Eagle Coin sales figures. Even thought it might be close, it doesn’t look like any sell outs are in the cards.
Roll searching pays off with an astounding find of 41 Indian Head Pennies!
CoinWorld takes a look at pre-US Mint coin releases, Colonial and post-Colonial issues.
And now for some notable auctions. First, an early Proof Buffalo Nickel in an old green PCGS holder. Check out this 1915 Proof Buffalo Nickel PCGS PR66.
A nice collection of 20 modern commemorative silver dollars.
And last, the key date 1889-CC Morgan Dollar graded PCGS MS62.
Topics: 1 Comment »
August 11, 2008: Homer Simpson Nickel, 2009 Platinum Eagles, Olympic Medal Minting
By admin | August 11, 2008
Welcome back to Coin Update!
It’s been one of those Monday, but here’s your slightly belated round up of coin collecting news from around the internet. First, is the gold and commodities bull run over? Also, the Homer Simpson Nickel, Odyssey Marine Exploration results, Gresham’s Law, 2009 Platinum Eagles, Olympic Medals, and notable auctions. On to the links…
The price of gold is on the ropes once again, falling for the seventh straight session and reaching a seven month low.
As usual, when gold and commodities make an extended move in either direction, we have found commentary supporting both directions. The commodity bull market: it’s over or it isn’t over.
Have you seen the Spanish Homer Simpson Nickel? Apparently photos of the unusual find have already been circulating on the internet.
Odyssey Marine Exploration provides their second quarter financial results along with updates on their various shipwreck and exploration projects.
Sri Lanka learns about Gresham’s Law: “Bad money drives out good.”
The CCAC makes its recommendation for the unity theme of the 2009 Platinum Eagles.
The Perth Mint will debut a uniquely conceived Young Collector’s Set. This set was exclusively designed, packaged, and priced for 8 to 12 year old children.
Coin Values provides some insights on the coin market following the ANA convention.
Dave Harper provides a first hand impression of the US Mint’s 2009 Ultra High Relief Double Eagle exhibit.
With the Olympic Games underway, here is a timely article from CoinLink on Olympic Medal Minting.
And now for some notable auctions. First, an intriguing Lincoln Cent Mated Pair Error. the pair has been certified by PCGS.
A key date Eisenhower Dollar in top grade. It’s the 1973-S Eisenhower Dollar 40% Silver NGC PF 69 Ultra Cameo with Star designation.
And last, a colorful raw 1909-S V.D.B. Lincoln Cent.
Have a bearable Monday!
Topics: No Comments »
August 8, 2008: Avoiding Gold, 2008 Fractional Buffalo Gold, Young Numismatists
By admin | August 8, 2008
Welcome to Coin Update!
It’s another Friday round up of coin collecting news from around the web! First, we bring you some reasons to avoid gold with a twist. Also, a Zimbabwe coin treasure hunt, Fractional American Gold Buffalo Sales, Young Numismatists, coin news, gold double eagles, and notable auctions. On to the links…
This article neatly summarizes seven reasons to avoid gold… and then explains why you should ignore them.
Could gold confiscation happen again? Here’s the original order from Franklin D. Roosevelt forbidding “the hoarding” (i.e. ownership) of gold.
A Zimbabwe coin treasure hunt yields nine trillion dollars!
Here’s a look at the sales figures so far for the 2008 Fractional Buffalo Gold Coins. The numbers are pretty solid, but are sales coming at the expense of the traditional American Eagle Fractional Coins?
There were two young coin collectors in the news. The first is an eight year old boy who won an 1808 Half Dollar Giveaway Competition. His name was drawn from a group of entrants who answered six difficult questions correctly.
Also, a sixteen year old junior numismatist was named winner of the Cuban Numismatic Association’s Essay Contest for Young Numismatists. His essay was titled “What Young Numismatists Enjoy.”
The ANA will hold the 2011 World’s Fair of Money in Chicago.
The Hispanic Society of America intends to sell the 38,000 coin Huntington Collection.
Numismaster discusses the Philadelphia mint Gold Double Eagles.
And now for some notable auctions. First, a lot of five 2006-W American Gold Buffalo Coins all graded PCGS PR70DCAM!
Here’s a beautiful example of a Full Bell Lines Franklin Half. It’s one of the relatively more difficult dates to find as such.
And last, a very unique State Quarter Error. It’s a 1999 Connecticut Quarter off Center on 60% Bow Tie Scrap.
That’s wraps it up. Have a wonderful weekend!
Topics: No Comments »
August 7, 2008: Double Prosperity Set Response, 2008 Platinum Eagles
By admin | August 7, 2008
Welcome back to Coin Update!
We’re here to bring you another refreshing round up of the latest coin collecting news! First, is the price of gold being manipulated? Also, the Mint promotes its new Double Prosperity Set, one reporter reacts, silver coins in circulation, Platinum Eagles, Abe Lincoln, early Quarter Dollars, and notable auctions. On to the links…
This writer believes that the price of gold is being artificially depressed. Besides the conspiracy theory, the article also points out some of the seasonal trends of gold that might come into play.
The US Mint showcased the new Double Prosperity Set to a group of journalists at the San Francisco Mint. The Mint’s press release sounds a bit overly promotional. From Mint Director Edmund Moy, “The 8-8-08 Double Prosperity Set presents a once-in-a-lifetime opportunity for coin collectors and the general public.” Honestly, this sounds like something the notorious World Reserve Monetary Exchange would publish.
Not every reporter in attendance was won over by the display. From MercuryNews.com, “Niche marketer Uncle Sam came west on Wednesday to shill shiny coins to Asian-Americans.”
Coin of the Day receives a Silver Quarter in change. I can’t remember the last time that’s happened to me, but it’s been a while.
Once again, 2008 Platinum Eagles have disappeared from the US Mint’s website? Are they being repriced, or is it possible that they are gone for good?
The lowest value coin in the Czech Republic will soon disappear. Interestingly, individual prices will still be quoted using the denomination, and final purchases will be rounded up.
I really got a kick out of this picture of Dave Harper and Abe Lincoln.
A forty year coin controversy is finally put to rest.
Numismaster provides some great information on Early Quarter Dollars.
And now for some notable auctions. Here’s a nice example of the ever-popular 1909-S VDB Lincoln Cent grade PCGS MS64RD.
I’ve never really understood the appeal of Waffle Cancelled Coins, but here’s the cancellation performed on a 2007 John Adams Presidential Dollar.
And last, an original bank wrapped roll of 1971 Eisenhower Dollars.
That’s wraps up today. See you tomorrow!
Topics: No Comments »
August 6, 2008: Gold & Platinum Rebound, Detecting Coin Cleaning, Crocodile Coins
By admin | August 6, 2008
Welcome back to Coin Update!
It seems to be one of those slow late summer news days, but there are still a few interesting coin collecting stories out there. First, gold and platinum try to stage a rebound after weeks of declines. Also, economic update, detecting coin cleaning, numismatic t-shirts, Cuban Crocodile Coins, and notable auctions. On to the links…
Gold has finally caught a bid on bargain hunting. Platinum, which has been hammered in recent weeks, also may be finding some support.
Numismaster provides another grim economic update.
Check out this useful guide from About.com: Coins on how to tell if a coin has been cleaned.
Do you know a coin collector with a birthday coming up? Maybe they would get a kick out of receiving a numismatically inspired t-shirt.
CoinNews.net provides the highlights from Heritage’s Baltimore ANA Signature and Platinum Night Auctions.
Have you ever seen a crocodile on a coin? Take a look at some of the unique animals included on Cuban coins.
And now for some notable auctions. Here’s a 1973 Eisenhower Dollar with some spectacular toning.
Here’s a unique auction, supposedly from an estate. It’s a BU Roll Collection of Lincoln Cents from 1948 to 1958.
And last, a beautiful 1915-S Saint Gaudens Double Eagle NGC MS 65.
See you all tomorrow!
Topics: No Comments »