February 9, 2012

October 12, 2009: Counterfeit Coin Warning, Coinfest, 1969-S Double Die Lincoln Cent

columbus half dollarWelcome back to Coin Update!

We’re back for a Columbus Day round up of coin collecting news and articles from around the web! First, more comments and unanswered questions in the wake of the US Mint’s announcement that some 2009 precious metals coins will be offered, while others will not. Also, a consumer advisory on counterfeit coins, Coinfest report, sentimental coins, generic gold coin values, the 1969-S Double Die Lincoln Cent, and notable auctions. On to the links…

Dave Harper provides some thoughts and curious questions about what precious metals products the US Mint has decided to cancel, and which ones they plan to tentatively release before year end.

The US Mint’s 2009 Mint Sets have begun to arrive. Here’s a look at one of the sets received, along with some observations.

A consumer advisory on fake and counterfeit coins has been jointly issued by the ANA, ICTA, NGC, PCGS, and PNG.

On the same theme, here’s an article from Numismatic News about a class on Chinese counterfeiting held at the ANA Summer Seminar and the range of quality of the counterfeits.

A report from Coinfest, which was held this weekend in Stamford, CT.

An article examining the difference between pristine uncirculated coins and well worn circulated coins from a unique point of view. The circulated coins hold an unspoken sentimental value imparted from those who used the coin in circulation.

CNBC.com covers coin collecting in this recent video segment. The coin video begins with the sale of Walter Husak’s Large Cent collection and then interview several industry professionals.

The latest from Coin Values Online- even though gold has risen, the prices for some generic gold coins have fallen.

A story mentioned in a previous update, now written about in the New York Times. Can data from coin hoards be used to determine the population of ancient Rome?

The Heritage Blog provides an interesting history of the 1969-S Double Die Lincoln Cent. Apparently, the Treasury held for many years that all examples were counterfeits and confiscated and destroyed five examples, before later reversing course.

And now for some notable auctions. First, to mark the holiday, here is the 1992 Columbus Quincentenary 3 Coin Set. The set includes the commemorative $5 gold, silver dollar, and half dollar (used for today’s coin image).

A top graded early Lincoln Cent. It’s a 1910 Lincoln Cent PCGS MS67RD!

Last, a run of top graded Proof Silver Eagles. The lot contains 2001-2008 Proof Silver Eagles all graded NGC PF 70 Ultra Cameo.

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