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:
Local coin dealers report rise in demand for gold
By Jaquetta White, The Times-Picayune
Days after famed Lehman Bros. bank announced its bankruptcy in September, Blanchard and Co. Inc., the largest precious metals retailer in the country, was breaking company sales records. Blanchard sold more gold in 60 days after the Lehman collapse than it had in the preceding three years combined, an executive for the firm said.
Big sales prompt India Post extend gold coin scheme
Considering the huge response to its gold coin scheme, India Post, the postal services department of government of India, has decided to extend the scheme till April 10 across the country. India Post began selling 24 carat ‘Gold Coins’ at 102 Post offices in Delhi, Maharashtra, Gujarat and Tamil Nadu from October 15.
By Scott Barman, Coin Collector’s Blog
A friend sent an email note reminding me that today (March 16) is the 258th anniversary of James Madison’s birth and the 207th Anniversary of the founding of the United States Military Academy at West Point… I mention this note because the friend who sent the note has a unique perspective on coin collection.
Royal Mint is top target for sell-off
By Samantha Pearson, FT.com
The Royal Mint, which manufactures coins for the UK and over 50 other countries, has moved to the top of the government’s privatisation list as it looks for ways to ease the huge pressure on public finances in the wake of the banking crisis.
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