RCM presents Proof Silver Dollar coin commemorating historical milestone to Quebec City Mayor Régis Labeaume

QUEBEC CITY, Jan. 31 - The Royal Canadian Mint (RCM) visited City Hall yesterday to present Quebec City’s Mayor and invited guests from the Quebec 400th organization with a 2008 Proof Silver Dollar commemorating the 400th anniversary of Quebec City.

The coin was officially presented by Ghislain Harvey, member of the RCM’s Board of Directors and Marguerite F. Nadeau, Q.C., Vice-President, General Counsel and Corporate Secretary. Joining Mayor Labeaume in accepting this exquisite gift was Quebec 400th Chairman Jean Leclerc.

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The euro became the official currency for participating countries on Jan. 1, 1999. Next year marks its 10-year anniversary and to celebrate a special commemorative 2-euro coin with a common design will be issued in early 2009 throughout all the euro-area countries.

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Dec. 16, 2007 wasn’t a good day for Chester (Chet) Endress, a 73-year old coin collector and owner of Chet’s Coin Shop. That day thieves burglarized Mr. Endress’s business by cutting through an adjacent store wall.

The robbers then proceeded to torch the shop’s safe to steal approximately $750,000 worth of rare and common coins.

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The United States Mint has announced the sale of the 2008 Presidential $1 Coin Proof Set™. This is the second Presidential Dollar Proof Set since the program started in 2007 and includes four presidential coins honoring:

• James Monroe
• John Quincy Adams
• Andrew Jackson
• And Martin Van Buren

In regards to the 2008 Presidential Dollar Sets, the U.S. Mint states:

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Houston, TX – Houston-based Stanford Coins and Bullion announced it has sold the historic 1870-S Seated Liberty Dollar Eliasberg Specimen for $1.3 million to Certified Acceptance Corp. (CAC), a New Jersey-based company founded and owned by John Albanese. Stanford Coins and Bullion, part of the Stanford Financial Group of companies, serves investors in precious metals and collectors of rare collectible coins.

The 1870-S Seated Liberty Dollar Eliasberg Specimen is considered a U.S. numismatic treasure. Shrouded in mystery and intrigue, the Seated Liberty Dollars do not have any official record of ever having been minted, yet somehow 11 traced specimens are believed to exist.

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Ghislain Harvey has been reappointed as director of the Royal Canadian Mint for another two years. The Honourable Lawrence Cannon, Minister of Transport, Infrastructure and Communities made the announcement Wednesday, Jan. 30.

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Register today to learn more about Arizona’s rich numismatic heritage with Collecting United States National Bank Notes, with an Emphasis on Arizona Notes and Arizona Mining Stocks, Ingots and Pioneer Minor Coinage. These are just two ANA School of Numismatics courses available before and during the Phoenix National Money Show™, March 7-9.

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The Federal Reserve sliced interest rates by a half-percentage point Wednesday, another significant cut that follows on the heels of the emergency three-quarter percentage point reduction just eight days ago on Jan. 22.

The federal fund rate, an overnight bank lending rate that affects how much interest consumers pay on credit cards, home equity lines of credit and auto loans, was cut to 3.0% from 3.5%.

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2008 State Quarter Proof Sets are now for sale by the United States Mint. The set cointains five proof quarters with their commemorative designs honoring:

• Oklahoma
• New Mexico
• Arizona
• Alaska
• Hawaii

These states represent the last to be honored in the 50 State Quarters® Program - a ten year program that started back in 1999 with the release of a new state quarter design every 10 weeks.

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The Oklahoma state quarter officially launched into circulation Monday, Jan. 28. Thousands of people were on hand at the state’s Oklahoma History Center in Oklahoma City where the ceremonially event took place.

United States Mint Acting Deputy Director Dan Shaver joined Governor and Mrs. Brad Henry in hosting the festivities.

“2007 was an exciting year for the Sooner State, celebrating its centennial,” said Shaver. “Today’s issuance of this beautiful Oklahoma quarter serves as an encore to the state’s centennial, and the coin itself will serve as a lasting, nationwide tribute to Oklahoma, its heritage and its people.”

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