Coin News Daily August 25 2008

By CoinLink on Monday, August 25, 2008
Filed Under: Coin News Daily

Additional Coin Collecting News from across the web presented by CoinLink

Self-Inflicted Pain

Nothing is so painful as self-inflicted pain. I’m always baffled when I see someone create painful situations for themselves or their friends. Is it some sort of unconscious intention, or simply blissful ignorance? The incorrigible Mr. Elkins has done it again with his latest blog post. Elkins writes:
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Campaign for $1 Coin Use Begins in Four U.S. Cities

The United States Mint has chosen four pilot cities to test new efforts to encourage regular use of the $1 Coin. A series of events at popular attractions and retailers, as well as television, radio, newspaper and online communications…
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Ponterio auction set for Long Beach

United States, Mexican and other world coins will be included in the more than 1,600 lots offered in Ponterio & Associates’ Sept. 16-17 sale taking place in conjunction with the Long Beach, Calif., Coin, Stamp and Collectibles Show.
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Ignoring the Free Market Causes Shortages

oday, Ted Butler released an article, title, “The Smoking Gun”, where he revealed that two banks sold 27,000 paper contracts for about 139 million ounces of silver, from July 1 to August 5th, which depressed the paper price at the COMEX. Many are saying this is Ted’s greatest article, as it is better proof of market manipulation than any other evidence we’ve ever seen.
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Roman Coin Prank

For many years, the Museum of National Antiquities in Stockholm was strictly a custodian and exhibitor of archaeological finds, performing no excavations of its own. Recently, however, its staff has resumed excavations on a small scale. The unusual nature of this fieldwork identifies it as inspired by post-modernist trends in museology.
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Counterfeiter faces lengthy jail term for ‘mint’ at home

A MAN has admitted making counterfeit currency at his private “mint” in a terraced house in a small village. John Bennett, 51, of Institute Terrace, Oakenshaw, near Willington, County Durham, is expected to face a lengthy prison sentence, having previously been convicted for similar offences.
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Why Should I Own Gold?

Let me start this by saying that I am a big fan of gold, as well as most things that are shiny. Gold is a wonderful trading vehicle, maybe better then the VIX even as a measure of panic.
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