September 29, 2008: 2009 Lincoln Cent, Royal Canadian Mint Gold Bullion, Coin Grading Skills
Welcome to Coin Update!
After a weekend break, we’re back with your daily coin collecting news! Gold soars in safe haven buying. Also, the battle behind one of the design selections for the 2009 Lincoln Cent, the Royal Canadian Mint announces that they are not suspending gold bullion sales, 1980-D&S Lincoln Cent, Boy Scout Coins and Army Infantry Coins, grading skills, and notable auctions. On to the links…
Today gold closed at $894 per ounce and after-hours soared as high as $915 per ounce after the bailout plan was voted down.
The interesting story behind the third 2009 Lincoln Cent design depicting Lincoln outside the Old State Capitol in Illinois (used as today’s coin image). The previous design chosen by the US Mint was overruled after the architect behind the restoration of the building brought the issue directly to the Treasury Secretary.
Likely in response to the recent American Buffalo Gold Suspension by the US Mint, the Royal Canadian Mint has released statements indicating that they are not suspending sales of any gold bullion coins.
Another response to the recent US Mint bullion coin shortages: Get the government out of coin manufacture.
Have you heard of the 1980-D&S Lincoln Cent? Well, it’s just been debunked.
This year there has been a lot of discussion about the decline in coin production by the US Mint. Coin Collector’s Blog provides another aspect to consider which many have overlooked- coin inventory management by the Federal Reserve.
Legislation for two different commemorative coin proposals passed Congress. After the President signs the bills into law, we will have Boy Scout Coins in 2010 and Army Infantry Coins in 2012.
Coin Values asks “Where are all the sets?”
Some useful tips on how to acquire coin grading skills.
And now for some notable auctions. Top grade Jackson’s Liberty First Spouse Gold coins are still fetching top dollar. Here’s one graded PCGS PR70DCAM and one graded PCGS MS70.
Instant coin collection. Here are 10 complete Album Sets from Cents to Dollars, all BU and Proof coins.
And last, here’s a 1914-S Saint Gaudens Gold Double Eagle graded NGC MS 65. The coin is in an old style NGC holder. Possible upgrade?
See you tomorrow!
