U.S. Mint suspends sale of gold buffalo coins
The Star.com
The U.S. Mint has temporarily halted distribution of its one-ounce American buffalo gold coins a month after placing limits on the sale of American eagle gold coins. Coin dealers from the U.S. to Canada have reported a surge in buying of bullion coins and other gold products as troubles in the financial markets prompt people to seek a safe haven in precious metals.
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Gold steadies, eyes on future of US bailout plan
Reuters
Gold steadied on Friday after three days of losses, but uncertainty about the future of a deal to rescue the U.S. financial system, which had appeared close to an agreement, drove investors to the sidelines.
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Shipwreck found in Namibia: “a heritage for the world”
Submitted by Sahil Nagpal
The archeologists are into raptures about the close to 500-year-old shipwreck currently being removed from the seabed off Namibia’s southern coast. “This is a world heritage that needs to be carefully preserved,” says Bruno Werz, the archeologist leading the excavation. His colleague, Francisco Alves agrees, saying the find provides a window into bygone times of seafarers and discoverers.
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Legislation Proposes New Half Dime
By Numismatic News
Legislation calling for the return of the half dime to replace the nickel was introduced Sept. 18 in the U.S. House of Representatives by Rep. Frank Lucas, R-Okla. In H.R. 6942 Lucas calls for a “clad half dime that is based on the size and shape of the half dime or 5-cent coin produced in the 1870s.”
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‘Lowly’ penny
News Dispatch Editorial
Pennies get no respect. People don’t want them in their change and they won’t bend over to pick them up. There even have been aborted efforts to get the U.S. Mint to stop producing pennies. The penny today isn’t what a penny was back in 1982. Then, pennies were made of 95 percent copper and 5 percent zinc. Those pennies are worth 2.22 cents today, based on the market rate of copper.
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Coin Portfolio Outpaces Stock Performance
By David L. Ganz, Numismatic News
For some 30 years, this is the season to look back on a market basket that gave important, symbolic meaning to the rare coin market and set coin investment aside as a growth industry. In the process, it attracted Wall Street to rare coins as an alternative investment vehicle.
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The Only Safe Investment in the Market
By Byron King – HoweStreet
Why are precious metals moving upwards? After all, the market smashed them down all summer as the dollar strengthened. The short answer is that right now gold and silver are the only decent game in town. Yes, there are a few other asset and income plays as well in the market. After all, there’s still an economy to run out there.
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Related posts:

1. Coin News Daily September 4 2008
2. Coin News Daily September 16, 2008
3. Coin News Daily September 12 2008
4. Coin News Daily September 23, 2008
5. Coin News Daily September 15 2008
6. Coin News Daily September 9, 2008
7. Coin News Daily September 24, 2008
8. Coin News Daily September 11, 2008
9. Coin News Daily September 5 2008
10. Coin News Daily September 30, 2008