By Coin News Daily on Tuesday, August 5, 2008Filed Under: Brief Notes, Coin News Daily
Additional Coin Collecting News from across the web presented by CoinLink
Is the New Double Eagle Coin a Good Buy?
Don’t let the gorgeous golden design fool you: From a purely monetary perspective, you should probably stick with a more traditional investment vehicle such as a college savings plan. But if you want to spark a lifelong appreciation for historic coins, buying the new version of the Double Eagle is the way to go.
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‘Monster’ Doubled Die on Malaysian 10 Sen
This month’s lead coin is a doubled die Malaysian 2007 10 sen piece, sent in by Harold Kuykendal, based in Hawaii. The doubling is extremely strong on the entire legend about the rim, and the date shows well on some areas on the central devices.
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J’lem Dig turns up gold coins from end of Second Temple period
In ancient times, the inhabitants of the Land of Israel and its environs would raise pigeons in underground caves. Called “columbariums,” the caves had small niches, in which the birds laid their eggs. Over the years many columbariums have been unearthed at ancient sites around the country…
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Currency chaos in Zimbabwe
The Reserve Bank of Zimbabwe has been accused of creating confusion with the chaotic new currency system that it implemented last Friday. Two currencies are now useable at the same time, creating a nightmare for those in the businesses sector and making it complex for the consumer.
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Olympic commemorative coins issued in Australia
The commemorative gold, silver and bronze coins for the 2008 Beijing Olympics were issued by Perth Mint at a ceremony at the mint office. The gold coin contains an image of the Olympic stadium in Beijing with the Sydney Opera House, the silver coin has an athlete intertwined with a Chinese dragon, and the bronze has the boxing kangaroo with a Chinese dragon.
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By CoinLink on Monday, August 4, 2008Filed Under: Brief Notes, US Coins
Additional Coin Collecting News from across the web presented by CoinLink
Gold Coins Lose Shine in 21st Century Gold Rush
Gold coins “stuck in the Seventies” claims gold-trading website BullionVault.com (http://www.bullionvault.com) as private investment in gold surges. Gold is considered a ’safe’ and therefore popular investment in times of economic turmoil. The UK’s currently turbulent economic climate has caused a surge in private investment in gold.
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Special Krugerrands mark the park’s 110th birthday
It is not everyday that a silver medallion is tossed into a river intentionally. Sydney Soundy, chief operating officer of SANParks, performed this symbolic gesture as part of the festivities of the Kruger National Park’s (KNP) 110th birthday celebrations.
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Central States Gives $50,000 to ANA
Central States Numismatic Society has presented a $50,000 gift to the American Numismatic Association to defray the expenses of this year’s ANA Summer Seminar
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Mark Salzberg Receives Abe Kosoff Founders Award from PNG
The Professional Numismatist Guild (PNG) presented the Abe Kosoff Founders Award to NGC Chairman Mark Salzberg at its annual awards banquet. The award is presented to a PNG member who has made a significant contribution to the Guild or to the numismatic fraternity in general the past year.
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Latest Edition of Mint Error News Magazine Available
The latest edition of Mint Error News Magazine, issue #24, is now available for viewing and download. The quarterly magazine is published by Mike Byers and is one of the best resources for collectors who want to know the very latest mint error coin news.
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By Coin News Daily on Friday, August 1, 2008Filed Under: Brief Notes, US Coins
Additional Coin Collecting News from across the web presented by CoinLink
Differences between wear, friction subtle but distinct
Experts contacted by Coin World are mostly in agreement with what the two terms mean, and even mention specific series that are affected by each. But, advanced and beginning collectors should be cautioned that it is no easy task to differentiate between wear and friction.
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Die Crack Reported on Bald Eagle Half
A 2008-S Bald Eagle half dollar is our first non-circulating type of commemorative coin reported with a major die crack. Other coins new to this list are a 2005-S clad dime, a 2006-S clad Colorado state quarter and our first Spiked Head report for a 1999-S Kennedy half dollar.
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Beijing Olympics 2008 commemorative coins
Ever since the first Olympic coins were introduced in 1952 in Helsinki, the tradition has continued for all the Summer and Winter games. This year, the Beijing Olympics 2008 commemorative coins come in gold and silver and there are only 60,000 sets–each comprising six gold and 12 silver coins–available worldwide.
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How to Collect and Store Coins
Numismatics, the hobby of kings, began to catch on in the United States in the mid-1800s. In 1858, the Numismatic and Antiquarian Society in Philadelphia and the American Numismatic Society in New York City were organized. A decade or so earlier, there had been perhaps no more than a dozen serious collectors of coins this side of the Atlantic.
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Why is the gold price falling?
Mumbai: The sharp fall in crude oil prices and a strengthening dollar against euro have pushed down gold prices by Rs 1,015 for 10 grams in the last two weeks.Pure gold has fallen from Rs 13,625 per 10 grams on July 17 to Rs 12,610 per 10 grams on Thursday. Crude oil has plunged from its record high of $147 a barrel earlier this month to $122 a barrel this week. Gold prices nose-dived by Rs 305 for 10 grams to Rs 12,495 on the bullion market in Mumbai on Wednesday on renewed offerings from stockists triggered by fall in the overseas markets.
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