March 2009

Gold climbed Tuesday for the first day in three, but closed down for the month of March. A weakened U.S. dollar helped gold’s appeal Tuesday, although it could not boost silver as it fell below $13 an ounce. In other markets, platinum, crude and U.S. stocks inched higher. In New York bullion trading futures: Silver [...]

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A Utah woman who tried paying for Walmart groceries with $20 Gold Double Eagles was apparently turned away, and then exchanged 14 of them at a nearby bank for face value, according to one of the most unusual coin stories ever relayed in the media.

In a further twist, the bank’s teller apparently realized the uniqueness of the coins, bought them for what he paid the lady, and later learned of their value from a coin dealer.

As the story continues, we discover the teller was fired and a search for the woman is in progress.

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Four numismatic news or coin blog articles are referenced on CoinNews every Tuesday and Thursday. These articles are not authored by us, but we recommend coin collectors read them for their unusual or interesting content. Here are today’s articles: Mints coin it as consumers scramble for gold Reuters In the heart of Vienna in a [...]

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(Dana Point, California) — Nationally-known political leader, author and economic crusader, Wayne Allyn Root, the 2008 Libertarian Party Vice Presidential nominee, has been named National Spokesman and Chief Economic and Political Strategist for Rare Coin Wholesalers of Dana Point, California (www.RCW1.com), one of America’s premiere rare coin and gold bullion companies.  Root advocates a free [...]

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Gold fell Monday for the second consecutive day as the U.S. dollar climbed against major world currencies. The yellow metal did not retreat alone. Silver, platinum, oil and stocks fell as well. For the bullion daily numbers, New York gold, silver and platinum futures lost 0.8 percent, 1.7 percent and 1.3 percent, respectively. May silver [...]

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(Newport Beach, California) — The Professional Coin Grading Service (PCGS) will be at the upcoming April 2009 Santa Clara Coin, Stamp & Collectibles Expo and the Chicago International Coin Fair.  PCGS representatives will be available to answer questions and accept submissions for all levels of service, excluding bulk submissions.  On-site grading will not be offered [...]

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Gold and silver coins celebrating the bicentennial writing of the Star-Spangled Banner will be issued in 2012, should reintroduced legislation makes its way through Congress and find Presidential approval. The Star-Spangled Banner Commemorative Coin Act, S. 653, would authorize the United States Mint to strike up to 100,000 $5 gold coins and a maximum of [...]

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2009 Puerto Rico Quarters were officially released into circulation Monday with rolls and coin bags of the quarter-dollars available directly from the United States Mint. The Puerto Rico quarter is the second of six coins to be released in the 2009 District of Columbia and U.S. Territories Quarters Program. The design on the reverse or [...]

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Gold and silver moved lower on the week, but platinum, oil and world stocks finished higher. The London gold fixing ended down 3.1 percent while silver dropped 3.2 percent. Platinum, however, rose 1.9 percent. For the third straight week, U.S. stocks rallied higher and have marked the best 14 days in seven decades. Since last [...]

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The uncirculated Lincoln Silver Dollar sold out Tuesday, the Lincoln Cent Birthplace Rolls sold out Thursday, and the proof Lincoln dollar joined the sellout list Friday morning.

Lincoln Bicentennial Coins - Silver Dollars and Birthplace Lincoln Cent

For the desperate minded collector, an attempt may still be made to place an order for the proof coin on the US Mint’s website. However, visitors to the online page will be greeted with a "Waiting List Notice" and language saying orders will not be processed unless an older one is cancelled. That same notice was placed on the uncirculated Lincoln dollar page for nearly two days, until it was removed Thursday — hours before the Lincoln two-roll sets sold out.

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