U.S. consumer prices slid lower again in December, falling 0.7 percent and setting the 2008 inflation rate at 01. percent for its smallest gain since 1954, the Labor Department reported Friday. It was the third consecutive monthly decline for the Consumer Price Index (CPI), which measures inflation at the consumer level. The government’s report shows [...]
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A District of Columbia entrepreneur has designed what he’s calling the I WAS THERE Obama Inaugural keepsake coin.
"It’s not another Presidential dollar or half-dollar plated in gold with a color picture of Obama on it. This coin is being custom die-struck from an original sculpture of Obama. I wanted to do something different. Obama promises change and I wanted to do the same," said Geoffrey Taylor, the designer of the coin.
The coin, minted in the USA, is designed specifically for people attending the Inaugural event. It will feature Obama’s middle name. "I haven’t seen this on any of the other coins out there," states Taylor. The back of the coin features a special story that brings together two significant historical events.
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On 14th January the Austrian Mint in Vienna issued a silver 5 Euro coin to commemorate the 200th anniversary of the death of one of Austria’s greatest sons, Joseph Haydn.
Born in 1732 in the village of Rohrau near the Hungarian border, Joseph Haydn began his musical career as a choirboy in the cathedral of Vienna. After his voice broke, he studied composition while keeping body and soul together by taking on pupils.
His big break came in 1761 when Prince Paul Anton Esterházy, head of one of Hungary’s oldest and greatest noble families, employed him as musical director in his court. Haydn conducted and played, but most importantly he composed pieces for the prince and his guests – including such illustrious personages as Lord Horatio Nelson and even the Empress Maria Theresa herself. She often claimed: "When I want to hear a good opera, I go down to Esterház." (The country estate in Hungary.)
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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: Key Morgan Profit Pays for Family Car By Dave Lembke, Numismatic News I have collected coins since I was 8 in [...]
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For the second time this we
ek, the US Mint on Thursday updated American Buffalo Gold, American Eagle Gold and First Spouse Gold coin prices. The Mint also officially announced its pricing strategy for "precious metals numismatic products," and released pricing tables showing how gold and platinum coins will be adjusted in the future.
A Mint document published Jan. 6 by the Federal Register, which is the official daily source for notices by government agencies, laid the ground rules for its pricing policy. In short, prices for collector bullion coins may potentially change every Thursday. Adjustments will be based primarily on a weekly review of London Fix gold and platinum averages. The London Fix is used as a world price benchmark for immediate silver, gold and platinum delivery.
The first set of pricing updates occurred Monday when the new system went into affect. Coins were marked higher for the most part. Gold has declined over the last several days, which triggered a new round of reduced prices Thursday, as the tables reflect:
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There has not been any new sellouts in bullion collector coins since the Mint’s last reported sales figures. Then, the quarter-ounce 2008-W American Eagle Gold Proof coin was the biggest mover, with a 144 percent sales increase and a jump of 8,722 coins. The option sold out Monday, January 5. The newest figures show a [...]
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