5-cent nickels contain 75% copper and 25% nickel. 1-cent pennies contain 2.5% copper with the remaining zinc. The price of these metals have each gone up significantly and for over a year now, their melt value has been worth more than their real value. Or, more to the point, it costs the U.S. government more to make the penny and nickel than what they’re worth.
CoinNews readers come from over 120 different countries and use a variety of national currencies. Although we often list coins with their prices, it’s simply not feasible to itemize their price per country.
However, we can and have added a currency converter for over 164 currencies and 3 metals (silver, gold and platinum).
The currency conversion engine is provided by OANDA.com and uses foreign exchange rates supplied by leading market data contributors. Currently, tools by OANDA are used by thousands of websites and firms, including FedEx, American Express, TimesOnline, Toyota, KPMG and more. Given the volume and leading list of partners, we felt confident in also using their engine.
CoinNews is now available via wireless mobility devices and Web-enabled phones. CoinNews provides the information you need to keep in touch with the market while you’re on the go, including:
To get CoinNews on your PDA, Web-enabled phone or other mobile device, simply follow these directions:
http://mobile.coinnews.net
CoinNews would like to give our Best Wishes to Everyone for 2008.
While it’s tempting to relay the exploits of CoinNews in 2007 and expand on everything coming in 2008, we just want to relay a simple message …
Thank you so much for the time you’ve spent with us in 2007. We’re thrilled and humbled by your support. We’ll strive to keep CoinNews a place you’ll enjoy in 2008. With that said …
Happy New Year!
We’ve made the decision to test the addition of content by offering aggregated articles from world-wide news organizations. These are unlike the RSS feeds found in our News Extra section that offer headlines and a sentence or two of information. These are more like the embedded video articles you’ve become used to - the articles will load and display within CoinNews.
There are several advantages:
Last week was a robust week for coin news. Before launching into the week’s new cycle of news, it may be worthwhile to take a back glance into last week’s articles and information - just to make sure you didn’t miss anything intriguing.
The left column includes CoinNews headlines. Most of these you’ve likely seen on the CoinNews.net homepage from Dec. 16- Dec. 22.
CoinNews has implemented several site enhancements since Sunday, Dec. 16. To point those out as well as coming changes, here is a short listing of things you may want to know:
(San Antonio, Texas) — CoinNews, an online source for numismatic news, information and coin collector services, has announced the launch of a new beta site that is geared solely for mobile users.
The site provides numismatic headlines with the latest snapshots of daily news, articles and industry events accessible directly from mobile phones. While the beta of the mobility site has just begun, it is expected to be freely available to all CoinNews users by early January.
"Our mobility site is simply an extension of the industry news and information we offer every single day," said CoinNews editor Mike Unser. "The difference is you don’t have to be at your computer to find out what’s happening in the numismatic world. You can be anywhere."
New subscribers interested in helping test the beta mobile site should inquire through the CoinNews.net contact page, beginning Monday, Dec. 17.
There’s definite interest in these coins. Several thousand CoinNews subscribers read our Nov. 28 article about the anniversary set, making it a top 5 for the month of December. Whether that napkin math analysis translates to buying power and the coins selling out, is entirely another question.
The anniversary set is priced at $1,949.95. There’s a limit of 30,000 total sets and one per household. At the time of this writing, 3:00 (EST), they’re still available to order.
The U.S. Mint ordering and information page for the special set is located here: 2007 American Eagle 10th Anniversary Platinum Coin Set.
Inflation touches every purchase and knowing its affects can be insightful and interesting. Especially when it’s compared over time - past to present, or anytime between.
It’s that measurement that can now be seen through CoinNews.net’s Inflation Calculator. Is this a tool specifically for coins and collecting? The obvious answer is no. It’s broader.
However, the historical aspects and rates of inflation are in itself worthwhile to know. If you check the calculator out, we think you’ll agree.
As a sneak peak and before you use it, did you know that something purchased back in 1913 for $20 would now cost $416.77? That’s interesting… right?
