January 2009

Precious metals finished the week higher while oil, U.S. and European stocks moved lower. London gold finished 5.0 percent higher than last Friday’s close. Silver improved by 9.2 percent while platinum gained 5.9 percent. For the month, the Dow lost 8.8 percent, the S&P fell 8.6 percent and the Nasdaq dropped 6.4 percent. New York [...]

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2009 Ultra High Relief Double Eagle Gold CoinCollectors were more than eager to slap down $1,189.00 for the 2009 Ultra High Relief $20 Double Eagle Gold Coin during its first days of availability, with sizzling sales figures reported.

The United States Mint placed the modern day recreation of the famed Augustus Saint-Gaudens’ designed 1907 $20 Double Eagle gold piece on its online store January 22, 2008.

All indicators pointed to a first day Double Eagle meltdown. Initial online orders took an hour or more to place, and collector reports about Mint phone line back-ups were plentiful.

The one-ounce highly detailed coin is struck in 24-karat, .9999 fine gold and is limited to a single year of issue. Its smaller diameter of 27mm is more than 50 percent thicker than modern US Mint gold coins. Those features and more, made the coin a hit.

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INTERCEPT PRESERVATION PRODUCTS, LLC, THE MANUFACTURER AND DISTRIBUTOR OF THE INTERCEPT SHIELD™ PRODUCT LINE ANNOUNCES CORPORATE NAME CHANGE TO EPROTEC PRESERVATION, INC. FAIRVIEW, NJ USA —  Intercept Preservation Products, LLC is proud to announce the changing of its corporate name to Eprotec Preservation, Inc. along with its headquarters location move to 175 Bergen Boulevard, Fairview, [...]

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Gold again stepped above the $900 barrier Thursday following two consecutive daily losses on the heels of Monday’s four-month high of $908.80. New York silver, gold and platinum futures gained 1.5 percent, 1.9 percent and 1.2 percent, respectively. March crude-oil lost 46 cents, or 1.1 percent, to close to $41.70 a barrel. The average price [...]

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Four numismatic articles are referenced on CoinNews every Tuesday and Thursday. These articles are not authored by us, but we recommend collectors read them for their unusual or interesting content. Here are today’s articles: Ultra-High Relief Double Eagle Sales Begin Strong By Susan Headley, About.com Guide to Coins since 2006 The U.S. Mint released the [...]

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US Mint Sales Figures ImageTwo US Mint collector coins sold out since the last reported sales figures — individual 2008-W American Eagle Silver Uncirculated Coins and 2008-W Eagle Gold Proof Coins.

The former showed a zero increase in sales, as was the case in the last report and still noted as unusual. The latter gold proof coins expectedly rose. Sales increased by 2,503 coins, or by 18.4 percent compared to last week’s reported 16.4 percent increase.

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Sales of the 2009 Presidential $1 Coin Proof Set begin Tuesday, February 10, at noon ET, the United States Mint said in a statement Tuesday. The Presidential Dollar Proof Set has now approached its third year of issue, with the first set released in 2007 when the $1 coin series began. The annual 4-coin proof [...]

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The Professional Coin Grading Service (PCGS) has certified and encapsulated the 1793 Strawberry Leaf NC-3, Rarity-8 variety that became the most valuable United States large cent when it recently sold in a public auction by Stack’s for a record $862,500 on January 5, 2009.  It is graded PCGS VG-10.   "This is the finest of [...]

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The very last of the 2008-W American Eagle Proof Coins dropped Monday from the Mint’s online shopping store. It withstood several days of delayed shipping notices, which has become a signal for a fast approaching end to 2008-dated coins. The 1/10 oz coin had been the sole surviving option in the proof collector’s series after [...]

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The United States Mint is now offering 2009 District of Columbia Quarters in two-roll sets and coin bags. The DC quarter is the first of six coins to be released in the 2009 District of Columbia and U.S. Territories Quarters Program. The Commonwealth of Puerto Rico, Guam, American Samoa, the U.S. Virgin Islands and the [...]

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