Whether 15-year old Deviprasad Mangaraj lands a Guinness World Record or not is almost beside the point.
He’s already landed a huge achievement building a coin collection with over 40,000 coins and from 120 different countries.
Gold climbed to its newest 28 year high Monday, November 5. It reached $814.20 on the New York Mercantile Exchange and finally settled to $810.80 an ounce.
In reaction and as CoinNews.net analyzed and then predicted Friday, Nov. 2, the United States Mint halted Uncirculated Gold American Eagles sales once again.
Similar to their very first suspension on September 13, the U.S. Mint listed below each of their American Eagle Gold uncirculated products (one ounce, one-half ounce, one-quarter ounce, one-tenth ounce and four-coin set) the following statement:
"Due to the increasing market value of gold, the American Eagle Gold Uncirculated Coins are temporarily unavailable while pricing for this option can be adjusted; therefore, no orders can be taken at this time."
So says Democrat Congressman Zack Space of Ohio who’s trying to help a company within his district. The company, Jackson Metals, would melt pennies for their copper content.
Helping businesses is hard to fault. But is newly proposed legislation that would benefit companies like Jackson Metals and change coinage laws the right thing to do? What would Jackson Metals, Rep. Space, the government and taxpayers really get from it?
First, some history…
Gold hit two thresholds today, November 2, making it a popular topic of interest across major news outlets.
One threshold was closing above $800. The other was a new 28 year high. For a time, gold actually hit $810.70 on the New York Mercantile Exchange. It finally closed at $808.50 an ounce.
There’s no reason you need to feel like a million dollars if you can wear it - literally. But the burning question has to be… why?
Well, for the sake of fashion. Naturally!
A consumer alert issued by the U.S. Mint late yesterday, October 31, warns buyers that some of the 2004 Lewis and Clark Coin and Pouch Sets are not authentic.
Under the best of circumstances, that’s hard news to publicize. But it’s not all dim and grim either. The Mint made a positive announcement and they’ve gone further by offering refunds with a payment of up to $130. What are the details?
The special Mint sets in question were originally issued at a price of $120. They were limited in quantity and fairly popular - popular enough to sellout in 23 days.
The Bronze First Spouse medals were initially scheduled for June and then July. The U.S. Mint held off but now has this year’s complete set ready for sale.
The set includes 1 5/16 inch medals of Martha Washington, Abigail Adams, Thomas Jefferson’s Liberty, and Dolley Madison. All are packaged together in a custom envelope with a descriptive insert about the spouses and the program. The price for the set is $12.95.
The first three Presidential Spouse gold coins sold out during their first day and within hours of release and the Dolley Madison isn’t yet available. For some, these bronze medals may be the only way to own something from the official commemorative First Spouse Program.
What’s a great treat you can hand out for Halloween that thrills a child and can strike their interest into a new hobby? Coins!
Coins stand out from the ton of normal treats a child receives, and they’re great for parents who have to worry about safety.
So what is a good coin treat? That’s where you may have to think out of the box and also be mindful of costs.
In this day and age, giving a penny for a treat is likely to warrant criticism and achieve the exact opposite results you intend. Your house could also receive a "treat" later that night.
It’s evening, you’ve already browsed around the Internet for your daily online fix, nothing’s good on TV and you’re otherwise bored silly but don’t feel like going out. What do you do?
As a collector, there’s something that just feels good about relaxing with a great coin book or magazine in hand. If you’re like me, sometimes you’ll put off a good read to savor it for later.
Last night was that time for me. I had already read the latest issues of a few favorites, like Numismatic News, Numismatist, and Coin Values.
So it was a good thing that I had just recently received the November issue of COINage magazine and had set it aside for later enjoyment. If not, I’d have been in one of those monotonous predicaments.
New United States Mint products have emerged for sale following the announcement of the Mint’s holiday and gift catalog.
The 2007 American Legacy Collection is the standout. Legacy sets are now in their third year of production and this year’s collection is sharp to the eye.
The collection includes available U.S. Mint coins and sets that are also sold separately, but not with the fine, all-together packaging. The downside is you’ll pay extra for it and they won’t be ready for shipping until 12/03/2007.
|
||||||||
