December 16, 2009: US Mint Sales Figures, 1913 Liberty Nickel, Engraved Morgan Dollars
Welcome to Coin Update!
We're back with another round up of coin collecting news and articles from all over the internet! First, the latest weekly sales report for United States Mint products. Also, 1952 Superbird Washington Quarters, factors behind lower coin production, penny elimination debate revived, detailed history of the 1913 Liberty Nickel, gold bubble myth, UN gold and silver bullion coins, engraved Morgan Dollars, and notable auctions. On to the links...
The latest available US Mint weekly sales figures show a sharp decline in the pace of sales for gold coins. Some collectors were no doubt awaiting the price decrease for numismatic gold products which was put into effect today.
The latest column from Coingrader Capsule has been published. This one deals with the 1952 Superbird Washington Quarter. NGC is no longer putting the attribution on its holders.
If you've been watching the US Mint's production figures for this year, you know that they have dropped drastically from historic levels. Dave Harper examines some of the factors behind the reduced need for coins.
While campaigning, President Obama stated that he would "seriously consider eliminating the penny." Here's an article from someone asking him to live up to his promise.
An incredible summary of the history of 1913 Liberty Nickels prepared by Heritage Auctions ahead of their sale of the Olsen specimen this January.
Lately, the mainstream press has been frequently using the dreaded word "bubble" when writing about gold. Here's a much needed counterpoint: The Gold Bubble Myth.
The UN announced that they will license the minting of gold and silver bullion coins bearing their logo.
There have already been numerous stories about gold coins dropped into Salvation Army kettles. This article provides the some background on the first gold coin to be donated back in 1982.
Some Morgan Dollars were specially engraved as presentation pieces. Here's a roster of the 1921-D Morgan Dollars, which were engraved and numbered by the Denver Mint as the first coins issued.
And now for some notable auctions. First, an 1884-CC Morgan Dollar in GSA Holder that was certified as a Double Struck Mint Error by NGC. The coin has attracted some serious bidding.
Next, a scarce key date 1901-S Barber Quarter PCGS VF35. Usually when these coins come up on eBay they are graded AG or G.
Last, NGC graded 2009 Proof Platinum Eagles are already available. Here is an offering of coins graded NGC PF 70 Ultra Cameo at a fixed price.
That's it for today. Have a great evening!
