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Articles on November 3rd, 2008

Gold Climbs 1.2 Percent

New York gold futures climbed 1.2 percent on Monday, recovering slightly from October’s registered biggest monthly loss in 25 years. Silver experienced a small 0.2 percent gain while platinum dropped 0.5 percent.

Bullion update ...December crude-oil fell $3.90 or 5.8 percent, to close to $63.91 a barrel — losing most of last week’s 6 percent gain.

December silver gained 2 cents to end at $9.75 an ounce.

January platinum lost $4.50 to settle at $827.10 an ounce.

Gold for December gained $8.60 to close to $726.80 an ounce.

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Finest Known Ultra High Relief Saint at November 2008 Santa Clara Expo

(Santa Clara, California) – The finest known 1907 Ultra High Relief Saint-Gaudens Double Eagle gold coin will be the centerpiece of a multi-million dollar exhibit, "100 Greatest U.S. Coins," during the first three days of the Santa Clara, California Coin, Stamp & Collectibles Expo, November 13 – 16, 2008. The show will be held in the Santa Clara Convention Center, 5001 Great America Parkway, where free parking is available.

1907 $20 Ultra High Relief Saint-Gaudens Double Eagle Gold Coin

 

"The Ultra High Relief is graded PCGS Proof-69 and will be the focal point of an exhibit based on the popular book, ‘100 Greatest U.S. Coins.’  This outstanding display is courtesy of Certified Assets Management of Wilmington, Delaware, which values the Ultra High Relief at $5 million," said Ronald J. Gillio, Expo General Chairman.

"This famous coin was designed by renowned sculptor, Augustus Saint-Gaudens, at the personal request of President Theodore Roosevelt.  It was struck seven times to bring up all the beautiful features in the design.  There are less than 20 known surviving examples, and this is the finest," said Don Ketterling, Executive Vice President of Certified Assets Management.

"This magnificent piece could establish itself as ‘the Holy Grail’ of American numismatics."

 

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Hawaii State Quarter Release Ceremony and Collector Forum

Hawaii State Quarter reverse, uncirculatedHawaii state quarters officially enter circulation on Monday, but their ceremonial release kicks-off a week later, on Monday, November 10, the United States Mint announced. On the evening prior, Mint Director Ed Moy will also host a free Public Coin Forum where collectors and the media can ask questions and learn more about U.S. coins and future programs.

The Hawaii state quarter release marks the conclusion of the 50 State Quarters® Program, which has been described by the Mint as one of the most successful coin programs in U.S. history with an estimated 147 million Americans who collect the commemorative quarter-dollars.

The quarter design features King Kamehameha I stretching his hand toward the eight major Hawaiian Islands. Underneath the islands is the Hawaiian state motto "UA MAU KE EA O KA ‘AINA I KA PONO," meaning "The life of the land is perpetuated in righteousness."

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