November 2009

Leading the pack in commemorating the 150th anniversary of the Burke and Wills expedition, the Royal Australian Mint unveiled new coin designs alongside an exclusive Burke and Wills display at the State Library of Victoria in Melbourne. 2010 Burke and Wills Expedition 150th Anniversary 20c and $1 Australian Coins – CLICK TO ENLARGE Modern day [...]

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Commodities were on fire Monday as another drop in the US dollar weighed into the mix. New York gold futures surged 2.0 percent to a fresh all-time high while silver soared 5.9 percent. Crude oil rebounded from a one-month low. US stocks joined in with their own rally, as the major indexes reached new ’09 [...]

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Carry On Good Day, With but a week to go before its December options expire, gold bullion tracked a further accelerating, and nearly vertical ballistic trace overnight, as a slew of buy stops hit the market just moments after opening for electronic trade. Some 2,000 contracts went through the order pipeline in the initial minutes [...]

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Lincoln Presidency CentEach of US Mint’s four 2009 Lincoln Cent ceremonial launch events were unique, but all have been similar in offering opportunities for the attendees to make money.

Following the Presidency cent launch in Washington, D.C., on Thursday, Nov. 12, rolls of the new pennies began to appear on the secondary market from those who were there to experience the launch.

A decent profit has been seen by resellers who waited in line to exchange cash for the new Presidency rolls, and then waited in another line to have them stamped and canceled by the US Postal Service as proof they were issued on the day of the ceremony.

In analyzing 56 completed eBay auctions between Nov. 13 and Nov. 15, the average sold price per 50c roll was just four cents shy of $15.

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By placing 107 rare coins into circulation, Jeff Angello, owner of American Coin & Stamp Co., hopes that this will delight coin collectors as well as stir up interest in the hobby.

For some lucky shoppers, that pocket change could contain super rare coins worth thousands of dollars.

To Jeff Angello, of American Coin & Stamp Company, Inc., rare coins and precious metals are a hobby, a passion and a thriving business. As a token of his gratitude for the many years of collecting, buying and selling rare coins, he is placing 107 coins back into circulation. With a face value of only a few dollars, the rare coins add up to an approximate value of $4000.00.

One of these coins is a penny from 1955, which is the year that his father Joseph Angello founded the business. This particular penny is very valuable due to fact that it was minted with a mistake. The penny, which was minted in Philadelphia, had been stamped twice, causing a doubling of the numbers and letters on the face of the coin.

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One of Australia’s biggest television personalities and well-known wildlife experts has been named as an inspirational Australian and now appears on a new $1 coin. Acting Chief Executive Officer of the Royal Australian Mint Graham Smith was joined by Terri Irwin and a few of her friends including "Sanchez" the Alligator to officially launch the [...]

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The November 11, 2009 episode of Coin Chat Radio starts off with Bob Van Ryzin’s ‘What’s In the News’ discussing the US Commemorative Coin Act which includes a provision to strike up to 350,000 Girl Scout Silver Dollar Coins in 2013. Also included in the new law (111-86) is an option for the Secretary of [...]

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Precious metals were up and down through much of the week as the US dollar mostly set gold’s direction. While metal futures finished with higher weekly gains in New York, silver was the standout in London logging a 1.2% loss. Oil slipped to a one-month low Friday following weaker than expected US consumer confidence numbers. [...]

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Bullion 2009 American Silver Eagle coin sales have been on fire this year. Eight of ten months were "best ever" records. 2009 has already been crowned the top-selling year of all-time, and that was back in early October. For a series which began in 1986, nothing underscores the demand for the silver eagles better. Their [...]

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Friday the 13th did not prove unlucky, at least as far as the “Old World” is concerned. The NY Times reported this morning that: “The 16-country euro zone has officially joined the United States and Japan out of recession, after figures showed its economy grew by 0.4 percent in the third quarter from the previous [...]

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