Coin News Daily August 29 2008
Additional Coin Collecting News from across the web presented by CoinLink
Fate of 1933 $20s at Issue
“It is inherent in the very nature of this unique - to put it mildly - litigation that the admissibility of thousands of decades-old documents would be at issue,” wrote U.S. District Court Judge Legrome D. Davis in an Aug. 21 opinion about 10 genuine double eagle gold pieces, all dated 1933, that were turned over to the Mint by the daughter of Israel Swift for authentication, only to find that the Mint claims the coins as their own.
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Half cents often underappreciated
Overlooked and underappreciated during its time, not until recent years has America’s smallest denomination coin, the half cent, received wider respect. For a variety of reasons, the small coin never circulated like its larger brother, the large cent.
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Gold Investments Market Update - Bullion Coins and Bars
Gold has flatlined and is marginally higher this morning with the dollar marginally lower and oil marginally higher on continuing concerns about the possible impact of tropical storm Gustav.
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Revisionist History as told by $1 Coins
By now you’ve heard that Portland has been chosen by the US Mint as one of four cities in which it will pilot efforts to encourage use of the new $1 coins. But before you start flag-waving, consider the coins themselves.
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Swiss clean out S Africa Krugerrand coin maker
The sole maker of South African Krugerrands today ran out of the iconic bullion coin after an ‘unusually large’ order from a buyer in Switzerland. An unnamed Swiss buyer ordered a massive 5000 ounces, cleaning out the Rand Refinery’s gold stocks.
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Biggest hoard of Mint silver found
The biggest hoard of silver coins made at the Shrewsbury Mint in the 13th century has been discovered near Baschurch.
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Broken Systems & Dysfunctional Mechanisms
The highest functions of the financial system have finally broken to the point where smart and connected people are openly making comments. Shortages are acute, to the point where low prices for gold & silver, for instance, render supply as inadequate to meet huge growing demand that wants to exploit the artificially low prices.
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