Coin News Daily for August 5 2008
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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