Coin News Daily October 28, 2008

By CoinLink on Tuesday, October 28, 2008
Filed Under: Coin News Daily

Collector Coin Market Stays Strong
By Debbie Bradley, Numismatic News
Harvey Stack calls it collector pride. That’s why the coin market today remains strong, despite the financial chaos on Wall Street. “A collector is one who has great pride in his assemblage,” said Stack, co-chairman of the auction house Stack’s. “The motivation for collectors is why we have a different situation market wise.” At Heritage Auctions, co-chairman Steve Ivy said he can’t remember a time when he’s seen as many new and active buyers.
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Adna Wilde Receives Inaugural Adna G. Wilde Jr. Award for Excellence
American Numismatic Association
American Numismatic Association Past President Adna Wilde received the inaugural Adna G. Wilde Jr. Award for Excellence in Colorado Springs on Oct. 15. The award, named in Wilde’s honor, was established by the Association’s Board of Governors in a unanimous vote during its meeting on Oct. 14. Wilde also received a Presidential Award from ANA President Barry Stuppler
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German states’ coins continue after empire begins
By Jeff Starck – COIN WORLD
When an amalgamation of states united to form the nation of Germany in 1871, this union did not spell the end of the practice of states issuing their own coinage.The numerous states were permitted to issue their own coinage for nearly 50 years, from 1873 to 1918, after the unification of the German Empire, continuing a tradition in place for more than 1,000 years.
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Look at Set Yields New Error
By Ken Potter, Numismatic News
Some folks have taken to heart the Sept. 23 Numismatic News story on plain edge Presidential dollars found in 2008 mint sets. Not only have they started searching these sets but also those from 2007. Thomas Searfoss of Florida decided to check his 2007 set and found a Philadelphia-minted George Washington dollar with the edge inscription virtually missing.
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Canadian Mint struggles to meet metals demand
Calgary Herald
Safe-haven investors are on a shopping spree for precious metals, snapping up gold and silver as an antidote to topsy-turvy markets — if they can find any, that is. Demand for physical gold and silver is gobbling up product at nearly every mint around the globe and in Canada has the Royal Canadian Mint allocating its supply among its distributors, who in turn are limiting the number of coins they sell to dealers, who sell to consumers.
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Demand outstrips supply
By Mark Ferguson – COIN VALUES
American Eagle silver and gold bullion coins have been the cornerstone of the U.S. bullion market since they made their debut in 1986. Walk into any coin shop or show, check eBay or any bullion trading Web site, and one thing was certain. There would be plenty of American Eagle bullion coins available. It didn’t matter if a shopper was looking for a single example or 1,000 pieces. The order could be filled swiftly.
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New auction catalogue for coins and historical medals
H.D. Rouch Auctions
HD Rauch will be holding it’s 83rd Coins Auction on November 14-15 2008 in Vienna, and the online catelog is now available on their website.
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