News Archive (2008)

December	November	October
September	August

International News at Coins Market

Quartermaster Collection of Australian Rare Gold Coins Tops $8.39 Million
CoinLink

An Update on the famed Quartermaster Collection of rare Australian gold coins

(Sydney, Australia, 5th May 2009). The incredible Quartermaster Collection, containing many of Australia’s most valuable and highest quality gold coins, was sold on 4th of June 2009

One reason people don't always trust bank notes is because the notes may not necessarily be worth the paper they were printed on. Bank notes that have depreciated to the point of being worthless have ended their lives rather ignobly in the past as toilet paper, wallpaper or some other less than dignified way.

Having seen Editor Dave Harper's recent blog (July 14, reprinted in the July 28 Numismatic News) suggesting the time is now to lift the ban on melting U.S. Mint pennies and nickels, I just had to write and say I strongly agree.

The US Mint will launch the third design of the 2009 Lincoln Cents on August 13, 2009 during a ceremony held on the Old State Capitol grounds in Springfield, Illinois at 10 AM (Central Time).

The U.K.’s Royal Mint, established in the 13th century, doubled production of gold coins in the second quarter as demand surged for bullion to diversify investments.

Output climbed to 16,910 ounces from 8,030 ounces a year earlier, according to data obtained by Bloomberg News under a Freedom of Information Act request. First-half production jumped 86 percent to 45,406 ounces, the figures show.

Bulgarian archeologists have found unused coins with picture of the Byzantine emperor Basil II, later surnamed the Bulgar-slayer.

Last week was a perfect example of the efforts by the U.S. government and its central bank and private trading partners to manipulate the price of gold downward.

The time to buy something is when everyone else wants to sell and the time to sell is when everybody else is buying. That's darned hard to do in practice. Even coin collectors, who are known for their tight-lipped nature and security concerns, are remarkably apt to run as a pack.

Wirtland has released its first gold coin, known unofficially as “Wirtland Crane” or “Gold Crane”. The 1/10 oz. coin is minted in 24 carat gold, in cooperation with coin designer Daniel Carr and his company “Moonlight Mint”. Daniel Carr is creator of “Amero” coin, and author of the New York and Rhode Island 2001 statehood quarters.

The largest public array ever assembled in the United States of huge, modern, certified Chinese gold coins, ranging in size from five ounces to one kilo (32.15 ounces) each, will be displayed at the American Numismatic Association’s World’s Fair of Money® convention in Los Angeles, August 5 – 9, 2009. The presentation comes with an education lesson from the exhibitor, Nicholas Brown of Majestic Rarities in Chicago: “Protect your coins! Protect yourself!”