Coin News Daily September 12 2008

By CoinLink on Thursday, September 11, 2008
Filed Under: Coin News Daily

Precious metals bounce back as dollar retreats

Gold bounced more than 2 percent in Europe on Friday from the previous session’s 11-month low, reflecting gains across the board for precious metals, as the dollar retreated from highs against the euro.
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Namibia: Team Restarts Work At Shipwreck Site

A team of local and international experts visited the site of the discovery of the remains of a wrecked ship, now believed to date from the 16th century, after the sand covering it was removed on Monday, the Permanent Secretary in the Ministry of Youth, National Service, Sport and Culture, Dr Peingeondjabi Shipoh, told The Namibian yesterday.
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Circulated Barbers rise

In step with the five-year-long expansion of the collector base for coins, creating higher demand, the values for circulated Barber silver coinage are creeping higher. For many issues of all three denominations – dimes, quarter dollars and half dollars – wholesale prices dealers pay for inventory are slowly rising.
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Small Issue Sheets of Large Notes a Rarity

The primary factor dictating rarity was the number of notes issued. Sooner or later, every collector searches the Van Belkum data in the Kelly or Hickman-Oakes catalogs to find the smallest issuances from banks of interest.
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Penny to Undergo First Design Change in 50 Years

United States Mint Director Ed Moy and the Abraham Lincoln Bicentennial Commission will hold a news conference at the Lincoln Memorial on Monday, September 22, to unveil the 2009 Abraham Lincoln Bicentennial One-Cent designs-the first time the image on the penny has changed in 50 years.
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2005-P Minnesota Clashed Die Obverse & Reverses

Back in 2006, the 2005-P-D-S Minnesota State quarters with various doubled dies restricted to central areas of the reverse design were red hot!
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Customs eyes syndicate in coin shipment

All shipping containers loaded with scrap metal for export will undergo mandatory examination even as authorities trace the syndicate behind the foiled illegal export of Philippine coins, many of which were in bank wrappers.
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