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Coin News Daily May 26, 2009

2009 Proof Gold Buffalo Coin Delayed
MintNewsBlog
The US Mint added a new notification to the product catalog page for the American Buffalo Gold Coins. This joins similar notifications that had previously been posted for the 2009 Gold Eagle and 2009 Silver Eagle product pages. The notification is as follows: Production of United States Mint 2009 American Buffalo Gold Proof Coins has been delayed because of the limited availability of 24-karat gold blanks.
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Market Climate Still Favors Buyers
Pinnacle Rarities
Much like Washington weather in May, the rare coin market is a bit schizophrenic. Some items are selling briskly at all time highs. Other equally desirable items are trading at half of last year’s levels. Mainly there are some exceptional bargains to be found both in auction and dealer inventories. The bottom line is some collectors still want the coins they seek regardless of price. Others simply do not have the discretionary funds they had a year or so ago.
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China Cracks Down on Counterfeiting Dens
By Richard Giedroyc, World Coin News
Opium dens may be old news in the People’s Republic of China, but counterfeit money dens are not. The Chinese government may be turning a blind eye to counterfeit merchandise made in China and being sold in other parts of the world, but the Chinese government has had enough of those enterprising individuals who would counterfeit China’s own money. On Jan. 20 the Ministry of Public Security launched a national campaign called Action 09 to shut down what the April 1 issue of the publication China Review called counterfeiting dens.
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Stamps & Coins: Coins worth a pretty penny
The Sacramento Bee
The legions of print and broadcast advertisers begging to buy your gold coins and “unwanted jewelry” are all but incessant. Even during the gold boom of the early 1980s, dealers didn’t promote the purchase of gold as much as now. But that’s understandable. The economic climate back then wasn’t as dire. Personal finances now are such that many individuals might be considering parting with heirlooms or coins.
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The lost treasure of 20 agorot
Haaretz.com
Where oh where have they gone? Three coins of 20 agorot apiece and five coins of two shekels apiece, of styles that never made it into circulation, have gone missing. Put otherwise, Avia Spivak, formerly a deputy governor of the central bank, had been given sample coins for inspection ahead of minting, but subsequently couldn’t find them, Army Radio reports. The story began in 2003, when the Bank of Israel decided to mint two-shekel coins.
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Popular with collectors
By Steve Roach for COIN VALUES
Demand from both date and type collectors provides steady demand for Proof Walking Liberty half dollars and Winged Liberty Head dimes. The fragile reflective surfaces of Proof coins are particularly vulnerable. Some aspects that can limit the grade include hairline scratches, unattractive toning and small spots.
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Related posts:

  1. Coin News Daily June 9th, 2009
  2. Coin News Daily February 23 2009
  3. Coin News Daily June 11, 2009
  4. Coin News Daily February 25, 2009
  5. Coin News Daily January 21, 2009
  6. Coin News Daily – August 18, 2009
  7. Coin News Daily January 15, 2009
  8. Coin News Daily March 8, 2009
  9. Coin News Daily May 20, 2009
  10. Coin News Daily March 16, 2009

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