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Archive for March, 2011

News on CoinWeek

Here are some recent articles you can find on the new CoinWeek website! CoinLink has renamed itself to CoinWeek, and we are still providing the great news you’ve had in the past.

US Attorney Says Attempts To Use “Liberty Dollar” As Money Is Domestic Terrorism – Von Nothaus Found Guilty

Liberty Dollar creator and self proclaimed “monetary architect” Bernard Von NotHaus was found guilty in US federal court in North Carolina on Friday of Counterfeiting and Fraud. The Justice Department asserted that Von NotHaus was placing gold, and silver coins, along with precious metals currency into circulation with the purpose of mixing them “into the current money of the United States.”
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The Sacramento ANA Show

Any locale where it takes a change of planes to get to will not draw the major dealers. You can also bet it won’t draw the crowds of buyers either. That’s exactly what happened at Sacramento. The results sadly were as excepted for us (and others): VERY disappointing. For sure a huge segment of dealers elected not to attend. The majority of East Coast dealers also stayed away because the Baltimore Show is 2 weeks away.
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Coin Profile: Proof 1836 50/00 Capped Bust Half Dollar
Writing in the 1989 edition of his encyclopedia of U.S. and Colonial proof coins, the late Walter Breen accounts for four die marriages of the proof 1836 Lettered Edge Capped Bust Half Dollar. Of the four varieties, two are of perhaps the greatest interest to advanced Bust Half Dollar enthusiasts: the 1836/1336 O-108, and this coin,the 50/00 O-116 blundered reverse.
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8-Pound California Gold Nugget Sells for $460K at Holabird-Kagin Americana Auction
The LARGEST CALIFORNIA GOLD RUSH NUGGET left in existence, the 100 troy ounce gold nugget discovered last year in Nevada County, California, was sold at auction by Holabird-Kagin Americana on March 16th in Sacramento for $460,000.
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BBB Warns Austin-Based Coin Firms Ads May Be Peddling ‘Fool’s Gold’
Consumers nationwide should be on the alert for advertisements from two Texas-based companies that are using newspapers to sell gold bullion coins “completely free of dealer mark-up,” Better Business Bureau (BBB) warns. The companies appear to be using the ads to entice consumers to buy more expensive “collector coins” at prices significantly higher than they could be bought elsewhere.
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Coin Rarities & Related Topics: Changes in Demand for Rare U.S. Coins So Far in 2011

After discussing the motivations and strategies of bidders at coin auctions last week, and the meaning of auction prices in general, I am directing attention to current coin markets overall. I have posed questions to and debated many dealers, some of whom do not wish to be quoted, regarding price changes and demand for rare coins in 2011.
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