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Archive for March, 2008Sellers rushing to unload gold (The News & Observer)Tuesday, March 25th, 2008
The biggest runup in gold prices in nearly three decades has sparked a new kind of prospecting at pawnshops and coin dealers across the Triangle.
A solid investment? Maybe not (The News & Observer)Tuesday, March 25th, 2008
Gold comes in a variety of flavors when it comes to investing.
Russian One-Kopek Coin May Get Eliminated - Coin NewsMonday, March 24th, 2008Russia could lose its smallest coin denomination, the one-kopek. In parallel thinking, the reasoning is nearly identical to those who would like to see the U.S. Lincoln cent eliminated ... ANA Presents National Treasure Hunt for 2008 National Coin Week - Coin NewsMonday, March 24th, 2008The American Numismatic Association and the coin collecting community will celebrate the 85th annual National Coin Week, April 20-26, with the theme, "Money Makes the World Go Round," a tribute to numismatics, youth and world unity ... BEP Video: Consumers Love the New $5 Bill - Numismatic NewsMonday, March 24th, 2008The newly redesigned $5 bill entered circulation March 13, 2008. While it will take time for everyone to receive their first $5, those that have seen it love it. Evaporation of the Market Premium Factor : Coin Collecting NewsMonday, March 24th, 2008Market Report By Doug Winter -CoinLink Content Partner One of the consequences of the soaring gold market is the evaporation of the Market Premium Factor (or "MPF") for certain semi-scarce dates in the St. Gaudens double eagle series. This scenario presents the savvy collector with what appears to be an interesting short-term opportunity.Better date Saints The term Market Premium Factor was invented, as far as I can tell, by my friend the newsletter writer/publisher Maurice Rosen. It refers to the premium that a better date coin sells for versus a common date. If a common date in a series is worth $1,000 and a slightly better date sells for $1,200 it has an MPF or 20%. English Gold Pattern Coins to be Auctioned : Coin Collecting NewsMonday, March 24th, 2008A rare and important collection of English gold 'pattern' coins last seen on the market in 1904 is due to go under the hammer in Plymouth. The 44 coins had been locked in a vault until recently when their Plymouth owner - a descendant of Evan Roberts who bought them 104 years ago - decided to sell them. Auctioneer Paul Keen, of Plymouth Auction Rooms, said he expected the coins to sell for thousands of pounds. Central States, Long Beach Shows Host Next PNG Educational Seminars - Coin NewsMonday, March 24th, 2008Pattern coins and the precious metals markets are the topics of the next two, free Professional Numismatists Guild "Share the Knowledge" educational seminars. They will be conducted, respectively, by PNG member-dealers Andy Lustig and Richard Nachbar at the Central States Numismatic Society convention (CSNS) in April and at the Long Beach Coin, Stamp & Collectibles Expo in May. Harry Gross: Mortgage help won’t be taxed, thanks to Congress’ quick fix (Philadelphia Daily News)Monday, March 24th, 2008
Dear Harry: I am one of the lucky ones in this credit crisis: the bank that issued my mortgage cut the interest rate and reduced my balance to compensate me for the increased interest for the last two years of my adjustable rate mortgage. This took a lot
McAllen dealer gains golden reward (Valley Morning Star)Sunday, March 23rd, 2008
McALLEN - The past week was busy for Wendell Curry, who owns McAllen Gold and Silver Exchange on North 10th Street. His principal commodity, the "barbaric metal," was selling for more than $1,000 an ounce, a record. It then backed off, dropping to $944, but Curry was still glittering.
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