November 13, 2009: 2010 Lincoln Cent Design, Perspectives on Gold, Naturally Toned Coins
Welcome to Coin Update!
Several times per week, we bring you a round up of coin collecting news and articles from around the internet! First, the new design is revealed for the 2010 Lincoln Cent. Also, US Mint price adjustments, PCGS reference grading set, ancient Roman coins, world gold production, perspectives on the gold "frenzy", the coins in Big Ben, naturally toned coins, and notable auctions. On to the links...
Yesterday, the United States Mint released the fourth 2009 Lincoln Cent with an official launch ceremony in Washington DC. They also unveiled the 2010 Lincoln Penny design.
The US Mint made some significant adjustments to the last reported sales figures for 2008 Proof and Uncirculated Gold, Platinum, and Silver Eagles. Following the changes, the 2008-W Uncirculated $50 Platinum Eagle now has a final mintage of only 2,253!
Yesterday, the US Mint raised prices for numismatic gold coins. Prices are now at their highest levels ever with the UHR at $1,489, Proof Gold Buffalo at $1,410, and First Spouse Coins at $716 and $729.
At the end of this month, PCGS will be presenting the full PCGS Reference Grading Sets online. High resolution detailed images of 25 different series will be presented.
The Director of NGC Ancients continues to do a nice job discussing ancient coins from an introductory perspective. Here's the latest article on Roman coins featuring famous historical figures.
An article about Barrick Gold winding down their hedge book, which also includes some insight into the continuing decline in world gold production.
Gold has been in a lot of other headlines recently, but the type of frenzied buying indicative of a market top is still not happening occurring to this Numismaster article. In fact, the frenzy still seems to be around people selling gold in the form of unwanted jewelry.
Some 150 year old pennies that have helped keep London's Big Ben keep accurate time have been replaced with a 5 pound crown produced for the 2012 Olympics.
An article from CoinLink about collecting and appreciating naturally toned coins.
And now for some notable auctions. First, here's a full sealed 50 roll box of the new 2009 Lincoln Presidency design, already on eBay.
Next, the key date 1893-S Morgan Dollar NGC AU53.
Last, here's the 2008-W Uncircualted Platinum Eagle Four Coin Set in an unopened shipping box. The US Mint only sold 1,283 of the sets according to the updated figures.
Have a great weekend!
