Coin News Daily - August 12 - 16

Additional Coin Collecting News from across the web presented by CoinLink

U.S. mint suspends gold coin sales

The U.S. Mint has suspended sales of American eagle gold coins and is refusing orders from dealers, two coin and bullion dealers confirmed Thursday.The mint’s suspension of gold coin sales follows its tight rationing of sales of silver eagle coins, begun in May, when sales to the public were terminated and sales to the mint’s 13 authorized dealers were tightly limited.
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Stage two of the gold bull market is just beginning

A war breaks out in the Caucasus, pitting Russia against a close ally of the United States. Inflation reaches a new peak in the euro-zone. The CPI reaches the highest in Britain since Bank of England independence. Rampant inflation sweeps the developing world.
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ANA Recognizes Exhibitors at World’s Fair of Money in Baltimore

The American Numismatic Association presented 71 competitive exhibit awards at the 2008
World’s Fair of Money® in Baltimore. Winners were announced at the Exhibit Awards
Presentation and Reception on Aug. 2.
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US Mint Introduces New Andrew Jackson Presidential $1 Coin

Hundreds of people gathered today at The Hermitage, the historic home of President Andrew Jackson, outside Nashville, Tenn., to see the new Andrew Jackson Presidential $1 Coin ceremonially released into circulation.
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Pre-U.S. Mint releases include unauthorized issues

Before the Philadelphia Mint began to produce the first of the nation’s regular issue circulating coinage in 1793, multiple series of coins and tokens – some of them unauthorized, some even counterfeit – circulated on American soil.
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Third Party Grading, Visited

I was asked a very interesting and challenging question today by Steve T., a collector of certified U.S. coins and customer of ours for just over 2 years. First, Steve was disappointed because he had cracked an NGC MS61 gold piece out of its holder and submitted it PCGS — and it graded AU58.
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Add Edge Slippage to Error List

Blame it on an errant dot. In the July 29 issue of Numismatic News I reported on a shifted edge inscription error found on a George Washington Presidential dollar.
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