December 7, 2009: Gold Buffalo Bullion Coins Sold Out, US Mint Direct Ship Program, 1943 Bronze Lincoln Cent
Welcome to Coin Update!
We're back with another round up of news and articles on coins and coin collecting from around the internet! First, the US Mint has sold out of the 24 karat Gold Buffalo bullion coin offering. Also, bullion coin sales figures for November, updated production figures for circulating coins, the US Mint's Direct Ship Program, naturally toned coins, gold investment performance, PCGS Grading Guarantee, 1943 Bronze Lincoln Cent, coin website designs, and notable auctions. On to the links...
Following the recent bullion coin suspensions in late November, the US Mint announced that Gold Buffalo bullion coins have sold out and the recently released fractional Gold Eagles are limited.
More from Coin Update News
US Mint Bullion Coin Sales for November 2009
The latest coin production figures from the US Mint revealed drastically reduced coin production in November. The final mintages for the Zachary Taylor Dollar and Northern Mariana Islands Quarter have also been provided.
The Wall Street Journal explains how some people have used the US Mint's Direct Ship Program to earn thousands of frequent flyer miles for free. One man claims to have purchased $800,000 in coins, earning himself a slew of rewards.
CoinLink provides Part 3 of their article series The Basis For Collecting and Appreciating Naturally Toned Coins.
Numerous articles have been turning up lately explaining why gold is a poor investment choice. Here's one from Bloomberg that measures gold's return starting from its January 1980 peak with a predictable conclusion. Another article from TheStreet.com favors a 0.221% interest bearing savings account to gold.
PCGS reveals details about how much they have paid out under the terms of the PCGS Grading Guarantee. They also detail their twelve most expensive buy-backs.
Heritage will offer the legendary off metal error 1943 Bronze Lincoln Cent at the January 2010 FUN auction.
Coin Collector's Blog reviews the website designs of some popular numismatic websites, highlighting some of the recent redesigns.
An article on the latest acquisition of the Princeton University Numismatic Collection. It's a Byzantine gold coin from the seventh century featuring an image of Jesus.
And now for some notable auctions. Mintages for the 2009 Lincoln Cent Presidency design seem likely to have lower mintages than the Birthplace design. Here are the current auctions for Lincoln Presidency Cent 50 Roll Sealed Boxes.
Last year's 2008 Bald Eagle $5 Gold Commemorative graded NGC PF 70 Ultra Cameo.
To finish today's post, an attractive rainbow toned 1951 Proof Roosevelt Dime. The coin has been graded NGC PF 67 with the Star designation.
Have a great evening!
