February 17, 2009: Gold, PCGS Ultra High Relief Double Eagle, William Henry Harrison Dollar
Welcome back to Coin Update!
We hope you enjoyed your President's Day weekend. It's back to another round up of coin collecting news! First, the price of gold continues higher. Pictures from the 2009 Lincoln Cent launch at Hodgenville, KY, the 2009 Lincoln Commemorative, the first PCGS graded UHR Double Eagle, William Henry Harrison Dollars, 20 world mints, coin related news stories, and notable auctions. On to the links...
The price of gold rose to its highest level in more than seven months and holdings of the largest gold ETF surpassed one thousand tonnes of gold.
Some pictures from the launch ceremony of the 2009 Lincoln Cent at Hodgenville, Kentucky as the prices paid for rolls of the new 2009 Lincoln Cents get even higher.
The survey results for the question: Will the 2009 Lincoln Commemorative Silver Dollar Sell Out? The majority of people think a sell out will occur within the first month of sales. (See the end of this post for this week's survey question.)
PCGS has graded the first submitted 2009 Ultra High Relief Double Eagle. The coin graded a perfect MS70!
Separately, PCGS has reopened bulk submissions to Collectors Club members.
On President's Day, the US Mint held the launch ceremony for the William Henry Harrison Presidential Dollar.
Coin Collector's Blog provides some great historical information on President William Henry Harrison.
Numismaster provides the latest from 20 world mints that they were able to meet with at the World Money Fair.
In interesting coin related news, Idaho lawmakers have proposed selling specially minted, collectible gold coins to raise money for road repairs.
A story from BBC News covers a coin fair and puts forth consideration about coins as investments.
And now for some notable auctions. First, you don't usually see coins like this on eBay with no reserve. It's an 1867 Seated Liberty Quarter NGC PF 67 Star.
Next, an impressive collection of 1953 to 1963 Proof Franklin Halves all graded PF 67 Cameo.
And last, a portrait of Abraham Lincoln created from a complete collection of Lincoln Cents, except for the 1909-S VDB. Interesting note, the portrait was created without damaging the coins.
Before you go, take this week's Coin Network Coin Survey:
The US Mint recently changed their return policy. Previously customers had 30 days to return products, but now only have 7 calendar days. This was done to prevent abuses related to gold and platinum products, but may prevent legitimate returns.
