June 22, 2009: US Mint Schedule Update, U.S. Marshals Coins, Personalizing Your Coin Collection
Welcome back to Coin Update!
We hope you enjoyed the weekend and a belated Happy Father's Day to all the fathers out there. Now it's time for another round up of stories and articles on coins. First, a slightly different take on the gold dispensing ATM story. Also, an update to the US Mint's product schedule includes release dates for several key products, the coin shortage in Argentina (again), Presidential Dollar discovered with a reeded edge, old generation holders, US Marshals coin proposal, personalizing your coin collection, and notable auctions. On to the links...
Gold and all precious metals continued to decline. Gold reached a six week low around $920 per ounce.
A more skeptical article on the gold dispensing vending machines which will be placed around Germany. The gold will reportedly be sold for 30% higher than market value.
The US Mint updates their product schedule with new releases for July. Highlights include the Letitia Tyler First Spouse Gold Coins, 2009 Silver Proof Set, and American Samoa Quarter bags and rolls.
There certainly have been a lot of stories about the coin shortage in Argentina. The author of one of the earliest reports says that the story has officially jumped the shark.
Ken Potter reports the discovery of a 2007 George Washington Presidential Dollar with a reeded edge. But he is still not sure how could an error like this could happen.
A market report from Coin Values Online that includes some interesting observations about "Old Generation Holders" for third party graded coins.
An article on the recently proposed U.S. Marshals Commemorative Coins. The legislation would provide for a one ounce gold coin struck in high relief with edge lettering.
There seem to be many more reports of finding 2009 Formative Years Cents in circulation than the prior Log Cabin design. Dave Harper writes that an intern found one. Another report from someone who received one in change and then went striaght to his local bank where he was able to purchase 10 rolls.
How can you make your coin collection more interesting? Personalize it.
And now for some notable auctions. First, a complete collection of 1986-2008 Proof American Silver Eagles. All coins are in the original boxes as issued by the US Mint.
This design has always been a favorite of mine. It's the 1988-W Olympics $5 Gold Commemorative graded NGC PF 70 Ultra Cameo featuring a rendition of Nike, the goddess of Victory.
When will silver find a bottom? Hopefully soon. Here's a Green Monster Box containing 500 2009 American Silver Eagles.
That's it for today!
