September 2009

Wednesday was Tuesday repeated, but better. A tumbling US dollar pushed commodities higher with gold touching an 18-month high, silver soaring toward $17.50 an ounce to finish near a 13-month high and crude rallying above $72.50 a barrel. US stocks continued their momentum, rising for a third straight day and closing at fresh 2009 highs. [...]

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The cost of living in the US increased slightly in August, but prices were cheaper compared to 12 months ago, a new report released Wednesday by the Labor Department reveals. Annual US inflation dropped 1.5 percent after a 2.1% decline in the 12 months ending in July. The decrease was largely due to lower gasoline [...]

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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 coin articles: Rare Coins: Family Treasure or Ill-Gotten Goods? John Schwartz | The New York Times Roy [...]

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In a switch from recent months, bullion American Gold Eagles are off to the races in September while their counterpart Silver Eagles appear winded. Both were slow out of the blocks, as the US Mint posted the first September figures only on the 9th. (The Labor Day holiday may have contributed to a delay.) But [...]

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It was a day of bliss for more than one investor on Tuesday as gold rallied from a low of $933 an ounce to close above $1,006, silver surged to $17 an ounce, crude oil climbed for the first time in three days, and US stocks hit fresh 2009 highs. New York precious metals figures [...]

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DALLAS, TX — The last numismatic blast of the summer of 2009 went off with an $18.4 million flourish in Heritage Auctions’ combined Long Beach U.S. Coin, Currency and World Coin events, Sept. 10-13. The successful trio of auctions further heartened erudite collectors as the world reflects on a year ago as financial markets buckled. [...]

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GAINESVILLE, Mo. — A small packet of inexpensive Chinese and Cypriot coins imported from England by the Ancient Coin Collectors Guild (ACCG) have been seized by Customs in Baltimore, Maryland. The coins were imported to test the legitimacy of State Department (DOS) imposed import restrictions via two Memoranda of Understanding (MOU). ACCG maintains that actions [...]

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A dozen of the 44 U.S. error coins stolen from an Indiana motel room in 2001 have been recovered and returned to their delighted owner through the joint efforts of three Professional Numismatists Guild members. At the time of the theft eight years ago these coins were to be the foundation of a planned book about off-metal errors.

Walking Liberty half dollar on five-cent planchet

The recovered coins belong to collector and researcher Mark Lighterman of Sanford, Florida. They include what is believed to be the only known Walking Liberty half dollar struck on a planchet intended for five-cent pieces; one of three known Standing Liberty quarter dollars struck on a one-cent planchet; a unique 1858 Flying Eagle cent on a silver half-dime planchet; and a double denomination Indian cent on a previously-struck Barber dime. There is also a transitional error 1944-dated Washington quarter on a zinc planchet intended for 1943 cents.

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Quantify Corporation Analyzes the eBAY Price Performance of PCGS Certified Genuine Coins

Monroe, NJOn December 1, 2008 PCGS introduced a new service where any coin submitted for grading would be returned in a PCGS Holder, rather than in a “body bag,” unless the coin has active PVC corrosion, a plugged hole, or fails the authenticity check.

How have these coins performed and priced in the coin market. More than a year has passed since this service was introduced and yet we have not seen any price guides that have reported the results.

RegistryCollector.com has been tracking all certified coins posted and selling on eBay. What follows is an analysis of what is happening in the coin hobby.

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Rubber, Chickens and a Forgettable Anniversary Good Day, A long-feared trade war appeared to be shaping up between the US and China following Friday’s tit-for-tat protectionist actions and words by each country. The US imposed a 35% import tariff on Chinese-made tires, a move that prompted China to warn that U.S. cars and chickens would [...]

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