News Archive (2008)

December	November	October
September	August

International News at Coins Market

Quantify Corporation Launches Registry Collector Service for Coin Collectors
Quantify Corporation

Registry Collector Service Enables PCGS Coin Collectors to Quickly Find the Coins They Need on eBay

Several auctions strong
Mark Ferguson

Analysis of numismatic auctions conducted during the last two weeks of October points to several trends.

First, prices for many coins are holding up beautifully, as though there's no reason to be concerned with the economic storm the world is experiencing. Many people keep much of their money in areas they understand, like stocks, real estate and coins, and often they don't venture into multiple investment types.

Modern coin firms merge
Numismaticnews

As of Oct. 18 modern coin companies Cornerstone Numismatics, formerly located on the Web at www.CornerstoneCoin.com, and ModernCoinMart, located on the Web at www.ModernCoinMart.com, have merged to become a more complete resource for collectors.

Exceptional Roman coins hoard
BBC

One of the largest deposits of Roman coins ever recorded in Wales, has been declared treasure trove.

Nearly 6,000 copper alloy coins were found buried in two pots in a field at Sully, Vale of Glamorgan by a local metal detector enthusiast in April.

Would-be buyers of the collector versions of the platinum American Eagle were given one last bite of the apple Oct. 17 when repriced “W” proof and uncirculated platinum Eagles were put on sale on the U.S. Mint’s Web site.

They had been off the market for weeks as the Mint struggled to use its cumbersome pricing mechanism to arrive at new and lower values in a rapidly changing metals market environment.

Up until a few years ago, most of my working day consisted of examining coins using a stereo microscope. Many things I saw have not been shared publicly as there was confirmation that counterfeiters were using authentication information to improve their fakes.

Online Internet auction firm eBay, the American Numismatic Association, the Professional Numismatists Guild, and the ANA president's coin firm have been hit with a lawsuit in federal court alleging anti-competitive conduct.

NEW YORK (MarketWatch) -- Gold futures reversed losses Friday, closing up more than 2% on speculation that the precious metal, losing more than $190 in the previous 11 sessions, has been oversold. Copper and other metals, however, ended mostly lower.

Collector coins moving
Mark Ferguson

After recently speaking with sophisticated investors (those with tremendous experience and usually very wealthy) in various markets around the country, it is apparent that uncertainty is now a common theme in most or all markets. These markets include rare coins, equities and financial instruments, real estate, other collectibles and more.

Gold Makes New Highs
Randolph Buss

Gold Investment is surging as governments & central banks move to hyperinflation...

AS THE SAYING GOES, "In a ham and eggs breakfast, the hen is involved, but the pig is committed," notes Randolph Buss of DINL.net.

By my reckoning, Paulson and central banks are now the chicken at worst, but the world's taxpayers are the pig. We have no choice in the matter.