Coin Update

Welcome to Coin Update!

As always, there are plenty of great coin collecting stories from around the internet for your reading pleasure. First, some thoughts on the shrinking correlation between the US dollar and gold. Also, an amazing error found in an old Mason jar, the official population report from the SS New York, an interview with the CEO of the Royal Canadian Mint, registry quality modern coins, the 2003 Lincoln Cent PCGS MS70RD, and notable auctions. On to the links…

Conventional analysis usually suggests that if the dollar rises, gold will fall. However, in the past few weeks, gold has fallen much less than the dollar has risen. Is gold consolidating as the dollar bottoms?

An amazing Braided Hair Large Cent Error Coin is discovered in an old Mason jar full or coins.

Do you collect State Quarters by the roll?

NGC releases a comprehensive population report for all of the gold coins recovered from the SS New York.

Guam residents select their quarter.

World Coin News has an exclusive interview with Ian Bennett, the president and CEO of the Royal Canadian Mint. Topics include business from foreign governments, the fate of the Canadian Cent, and the Mint’s 100th anniversary.

Coin Values suggests that values could decline for registry quality modern coins. They mention the “ridiculous” price of $15,120 paid for the 2003 Lincoln Cent PCGS MS70RD. Interestingly enough, this coin no longer exists as an MS70. See this thread from Collector’s Universe Forums. Does this attest to the true rarity of “perfect” modern coins?

This Numismaster article takes us from the silver Half Dime to the Nickel.

And now for some notable auctions. Both are ending today, so be sure to take a look. First, a key date coin in top grade. The 1909-S Indian Head Cent PCGS MS64RD with CAC sticker.

A collection of 7,877 Washington Quarters in Mint Set cellophane wrappers. That’s $1,969.25 Face Value of mint set coins!

That’s it for today. Have a wonderful Tuesday!