I’m Reading…This past week, the US Mint sold out of the one ounce 2009 Proof Platinum Eagle. As no bullion coins or fractional sizes were minted this year, it was the only US Platinum coin produced in 2009. From CoinNews.net: Released at Noon Eastern on Thursday, December 3, 2009, the Platinum Eagles were limited to a [...]
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I’ve been encouraged by a few friends to spend a bit more time writing blog posts about finance and economics in the real world, as opposed to Farmville. (Hopefully the Zynga fans will allow me brief distraction with the real world.) An article last week in the Wall Street Journal on investing in gold reminded [...]
Filed under: Coins, Economics, Personal Finance | Tagged: Black Swan, Gold, US Dollar Bullish | 1 Comment »
This is actually old news, but I picked it up in a few searches I was doing on Palladium. It seems that in early April, Max Baucus (Sentator from Montana) put forward a bill (S. 758) to authorize the US Mint to produce a 1 ounce Palladium coin, similar to the very successful 2009 Ultra [...]
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Found this courtesy of CoinNews.net: Rick Mercer, Canadian satirist and TV personality, throws his brand of humor into the mix as he tours the Royal Canadian Mint in Ottawa. Watch Rick as he walks through the Mint’s gold vault, checks out the gold refinery process, the Mint’s rolling room and finishes the tour by handling [...]
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Caught this article yesterday on the new 2009 Lincoln pennies: 2009 Lincoln Penny Mania A quick review of recently completed eBay auctions shows unmarked rolls selling for $30 to $50 each. Single pennies have sold for $2 to $4 each. Rolls with a Lincoln postage stamp and cancellation from the first day of issue at [...]
Filed under: Coins, eBay | Tagged: 2009 lincoln cent, 2009 Lincoln Penny, cent, penny | 3 Comments »
The US Mint has announced that the 2009 Ultra High Relief Double Eagle Gold Coin will go on sale at 12:00pm EST on Thursday, 1/22. It’s unclear what demand for this coin will look like, given its price. (Likely $1200). This announcement reflects the new US Mint pricing strategy for precious metals – basically a [...]
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Yes, I said Python. First, special hat tip to Mario Sundar for finding this lead. Mario is not a coin collector, but he reads my blog often enough to know that I have a special interest in coins. This one is a beauty, since it combines creative visualization with a unique engineering tale. Here is [...]
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As I wrote last week, I’m saying goodbye to my First Spouse coins. I’m moving through the series step by step. The first coin sold for about 10% over the original purchase price last year. Since that’s roughly the cost of eBay & PayPal fees, let’s just say that owning the coin did no damage [...]
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The 2009 Presidential dollars are coming… and it’s shocking how uninteresting they are. Let’s review the four Presidents that will be featured: William Henry Harrison John Tyler James K. Polk Zachary Taylor I’m guessing the US Mint is already stockpiling coins to get ready for the stampede of demand. Actually, my guess is that given [...]
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Just posted the first of my First Spouse gold coins on eBay 2007 First Spouse Proof Martha Washington Gold Coin For those of you reading my blog for a long time, you know a couple things about my history with this series: I managed to get one of the first coins, even though they sold [...]
Filed under: Coins, eBay | Tagged: First Spouse, Martha Washington, US Mint | 5 Comments »
The price of gold has dropped below $700 an ounce, and that has a lot of people in the precious metals community puzzled. After all, isn’t gold supposed to be a safe haven in times of financial depression and panic? And if these aren’t times of financial depression and panic, what are? After all, every [...]
Filed under: Coins, Economics, Personal Finance | 10 Comments »
I think tonight is my night to catch up on topics that I haven’t blogged about in a while. Why not add gold coins to the list? If you haven’t followed the news, the financial crisis has led to a significant increase in demand for gold bullion coins. Demand has been so high, in fact, [...]
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This past week, the US Mint published updated material on the new, 2009 Lincoln Cent program, which will celebrate the 100th anniversary of the coin, and the 200th anniversary of the birth of Abraham Lincoln. From the US Mint website: In 2009, the United States Mint will mint and issue four different one-cent coins in [...]
Filed under: Coins | Tagged: 1909, 2009, 2009 lincoln cent, cent, lincoln, penny | 7 Comments »
It’s been a while since my last coin post, but frankly, there has been a lack of interesting coin news lately. But time moves on, and I noticed yesterday that the U.S. Virgin Islands voted on their preferred design for their US State Quarter. The U.S. is release 6 quarters in 2009, as an extension [...]
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There have a been a couple of numesmatic debates that have seemed endless over the past few decades. One, of couse, has been around the eventual death of the paper dollar. The second, almost as persistent, has been about the death of the US one cent piece, aka, “the penny”. A friend of mine at [...]
Filed under: Coins, Economics | 5 Comments »
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Adam Nash Sunnyvale, CA |
