Not Your Average Find
By David C. Harper, Numismatic News
It was a nice little coin, a 1792 silver center cent bought for $400 at a police auction. It’s even nicer now that the owner has learned it’s worth $300,000. A California collector is just now absorbing the news from ANACS that the coin he had purchased at a 2006 Modesto Police Department auction is one of only 14 known pieces. This one was graded VG-10 details but scratched. “I’m still a little in shock myself,” said the collector, who wishes to remain anonymous. The process of finding out the truth about the coin took more than two years and was not without its skeptics. “I actually showed it to a local coin dealer who said, ‘No, no that’s nothing,’” he recalled.
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New State Quarters Program Awaits Signature
Susan Headley – About.com
Coin World is reporting in its Dec. 29 issue that the National Parks Quarters program (HR 6184) has now passed the Senate by unanimous consent. The bill had passed the House in July, but things didn’t look too good as it sat in Senate committee month after month. Now that both houses have approved it, the bill merely awaits the president’s signature to become law (which is expected.)
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CAC-Approved Only Coins Offered In DLRC Auction
Stella
David Lawrence’s Thursday Internet Auction #313 offers 206 coins that have been CAC-approved for quality. By now most of you own or have at least seen NGC & PCGS coins labeled with a green CAC sticker. This identifying sticker designates that a coin has met premium quality standards set by Collectors Acceptance Corporation, an independent group of well-respected professional numismatists. Our experience so far is that CAC verified coins are continuing to gain popularity and acceptance and are doing well at auction compared to like coins without CAC verification.
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How You Can Use Warren Buffett’s Personal Secrets of Success In Today’s Exciting Rare Coin Market
By Scott Tilson
When it comes to figuring out how to be successful at any pursuit, I firmly believe there’s absolutely no reason to re-invent the wheel. Many wise men have discovered it’s far easier to learn the hard fought lessons from the legendary visionaries that have already graduated from “The School of Hard Knocks”. So over the past two decades I decided to learn everything I possibly could from the most successful and ethical investor in the world, Mr. Warren Buffett. I realized I was no financial genius, but I was highly confident that most of Mr. Buffett’s rules for success in the stock market could be readily applied to my area of interest …the buying and selling of rare collectibles.
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The Great RYK/DWN Mashup Part Two
Doug Winter
A few weeks ago, I published an article written by collector Robert Kanterman that discussed U.S. gold coins that he regarded as good values. Along with each of selections, I posted my comments. Some of them were in agreement with Robert, others were not. The response to this blog was exceptional and I believe it was among the most popular of the nearly 250 that I’ve written since I began this feature around two years ago.
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GET READY FOR 2009
Market Report – Laura Sperber Legend Numismatics
With the economy in bad shape and most paper assets in the tank, we strongly feel it’s only a matter of time before the coin market really slows and ALL areas feel the pinch. It’s ridiculous to think that coins would not be affected any further by all the turmoil. We are very thankful that so far, the negative impact has been minimal. Here is what we predict and here is how to navigate it:
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Related posts:

1. Coin News Daily December 17, 2008
2. Coin News Daily December 15, 2008
3. Coin News Daily December 9, 2008
4. Coin News Daily December 2, 2008
5. Coin News Daily December 4, 2008
6. Coin News Daily December 31, 2009
7. Coin News Daily September 11, 2008
8. Coin News Daily November 6, 2008
9. Coin News Daily September 9, 2008
10. Coin News Daily October 3, 2008