October 9, 2009: US Mint Product Cancellations, Satin Finish 2009 Lincoln Cents, Presidential Dollar Errors
Welcome back to Coin Update!
We have one final round up of coin collecting news and articles before the coming weekend. First, some final coverage on the US Mint's recent collector product cancellations from Mint News Blog, Coin Update News, and FT Alpahaville. Also, thoughts on the satin finish 2009 Lincoln Cents, reaction to coin design changes, John Mercanti appearance, Presidential Dollar Errors, "nice coins" go missing, a Canadian ultra high relief coin, and notable auctions. On to the links...
The final coverage of this week's announcement from the US Mint that numerous popular collector coins would be cancelled for 2009. The first article provides additional details on 2009 Gold and Silver Eagles. The second article provides final thoughts on US Mint product cancellations, which begins with an examination of how the US Mint handled the increased demand for precious metals as compared to other world mints.
From Coin Update News:
How the US Mint Could Have (Maybe) Produced 2009 Proof Gold and Silver Eagles
FT Alphaville calls the US Mint's cancellation of gold coins because of high demand economics in reverse and looks at some other "gold coin craziness."
Dave Harper provides some thoughts about the long term potential of the satin finish 95% copper Lincoln Cents contained in the 2009 US Mint Set.
An article about the changes that have taken place to US coin designs over the years. It also includes some public reactions to the 1909 Lincoln Cent from the year of issue.
A brief article on this year's Louis Braille Commemorative Silver Dollar. The Treasurer of the National Federation for the Blind attended a coin club meeting to speak about Braille literacy and offer coins.
John Mercanti, the Chief Engraver of the US Mint will give a talk to Young Numismatists at the Pennsylvania Association of Numismatists convention on October 24. He will show how coins are designed and give out free coins to some attendees.
An exploration of some of the lesser known Presidential Dollar Errors from Ken Potter. This includes shifted edge lettering, sintered planchets , and others.
Some interesting thoughts from Doug Winter about the lack of choice, original coins in the market. The article is titled: Where have all the Nice Coins Gone?
Canada features the Sun on a new limited edition silver proof, ultra high relief coin.
And now for some notable auctions.First, an unopened shipping box containing an 1885-CC GSA Morgan Dollar.
To go with one of today's auctions, here are a look at the satin finish 95% copper Lincoln Cents currently listed on eBay. Completed auctions show some 8 coins sets selling for $7 to $10. Someone has already listed pre-sales for PCGS certified 8 coin sets.
A 2001 Broadstuck/Obverse Indent Lincoln Cent Error. The obverse of the coin has a really appealing and unique appearance.
That wraps up this week. Have a great weekend!
