Welcome to Coin Update!
We’re back to bring you another round up of coin collecting news from around the internet! First, a bill authorizing Medal of Honor commemorative coins has been signed into law. Also, other upcoming commemorative coins, the US Mint’s Last Opportunity section, reforming America’s currency, 1933 Gold Double Eagle litigation, New York Times on gold, interview with a double eagle collector, Collectors Universe quarterly results, and notable auctions. On to the links…
Late last week, a bill authorizing commemorative coins for the Medal of Honor was signed into law. The program will include $5 gold and $1 silver coins to be issued in 2011.
The schedule for commemorative coins to be issued over the next few years is filling up quickly. Here’s an outline of the upcoming commemorative coin programs, including designs for next year’s coins.
The US Mint has revived the Last Opportunity section of their website to highlight products which will only remain available for a limited time.
Here’s part four and part five of the series on reforming America’s currency from Coin Collector’s Blog. Ideas are presented for making changes to commemorative coin programs and bullion.
A story on coins from public radio with some off color observations about coin collectors from the reporter. I think it was supposed to be humorous.
A lengthy examination of the litigation related to the 1933 Gold Double Eagle by David L. Ganz.
The New York Times covers the “global frenzy” for gold. One quote describes a structural shift on the investing side of gold. The characteristics of gold buyers have changed and gold’s appeal has broadened.
An interview with collectors A.C. Dwyer about gold double eagles that covers the history of the $20 gold denomination, varieties, rarities, and shipwreck gold coins.
One final story related to gold from Dave Harper discussing collector interest in gold and silver over time.
Collectors Universe, the parent company of PCGS, has reported quarterly results. Net service revenue increased and net income swung to a profit. Coin service revenue increased 11% compared to the same quarter last year.
And now for some notable auctions. First, an 1871 10c Pattern J-1087 struck in copper with a reeded edge. It’s graded PCGS PR65 in an old rattler holder.
An 1887 Proof Morgan Dollar graded PCGS PR65 offered with no reserve.
Last, the 2009 Gold Buffalo NGC MS 70 with multiple available at a Buy it Now price.
