February 6, 2012

January 25, 2010: US Mint Coin Production, Predictions on Gold, Rare Coin Market

2010 Lincoln CentWelcome to Coin Update!

We provide a round up of the latest news and articles on coins and coin collecting from various sources around the internet! First, the decline in US Mint circulating coin shipments and seigniorage for the latest fiscal year. Also, the first 2010 Lincoln Cents reach circulation channels, predictions on 2010 coins and metals, America the Beautiful Quarters obverse, pictures of gold,  SS Central America gold coins and ingots, today’s rare coin market, and notable auctions. On to the links…

An examination of the steep decline in shipments of US Mint circulating coins for the 2009 fiscal year and the unit costs to produce each denomination.

The first 2010 Lincoln Cents have been encountered in circulation. This comes ahead of the official launch ceremony scheduled for February 11, 2010.

The latest installment of survey results from the Mint News Blog survey. Respondents provided predictions on 2010 coins and precious metals performance. The average prediction for the closing price of gold at the end of the year was $1,375,13.

For a more pessimistic view of gold, check out this Huffington Post article, which makes the case for lower gold prices.

A response to an article that was linked to last week, which explained that the CCAC backed down from a recommendation to put Theodore Roosevelt on America the Beautiful Quarters due to a lack of support from Congress.

Value trends for gold coins and ingots recovered from the SS Central America.

A collection of 37 photographs of people searching for, mining, rediscovering, celebrating, buying and selling gold. (Found via coinflation.)

Some perspectives on the size and scope of today’s rare coin market.

Coverage of the recent sale of the 1913 Liberty Nickel from the Sacramento Bee that starts out with some comparisons about how kids collected coins in years past and today.

And now for some notable auctions. Several eBay sellers have new Lincoln “Union Shield” Cents already in hand. Here are the current auctions for 2010 Lincoln Cent Rolls.

Next, the 2009 P & D SMS Bronze Lincoln Cent 8 Coin Set. This is one of numerous no reserve auctions from Modern Coin Mart this week.

Last, the popular 1918 Illinois Centennial Half Dollar, which depicts Abraham Lincoln on the obverse.

That wraps up another update!

Comments

  1. ADAM FISCHER says:

    REF 2010 SAC DOLLAR COIN NO DATE VOR MINT MARK ????

Speak Your Mind

*