Welcome to Coin Update!
We’re back with one more round up of coin collecting news and articles to wrap up the week. First, sales of the 2009 First Day Coin Covers for quarters are ending, will these products be secondary market winners? Also, US Mint sales report, prices for coin rarities, advice for coin collectors in 1909, Baltimore Show recap, zinc Lincoln Cents, rare Chinese coin collection returns home, excerpt from David L. Ganz’s upcoming book, and notable auctions. On to the links…
Next week, the US Mint will conclude sales of the 2009 DC & US Territories First Day Coin Covers. There are several interesting aspects to the offering that might prompt collectors to place some last minute orders.
The latest sales report for the US Mint’s numismatic products shows the pace of sales for the 2010 Gold Buffalo Proof coin lagging last year’s offering.
Is it true that great rarities never go down in price? Here’s a post exploring the topic with a recent example involving the sale of an 1856-O Liberty Gold Double Eagle.
Millionaires are moving more of their money into tangibles, including collectible coins. The article states that most individuals with assets from $1 to $5 million excluding home hold 30% of their assets in luxury collectibles.
Q. David Bowers recounts “Numismatic Maxims for Beginners” from Howland Wood as published back in 1909.
Bowers and Merena’s June 2010 Baltimore auction realized more than $8 million in sales. Find some of the highlights and realized prices.
On a related note, here’s Numismatic Americana’s Baltimore Show Report.
A discussion of some of the problems encountered for post-1982 Lincoln Cents due to their brass-plated zinc composition.
Coin Rarities & Related Topics takes a look at some of the rarities in the news including the Cardinal Collection Educational Foundation’s Boyd-Cardinal 1794 silver dollar graded NGC MS 64. This coin has been consigned to the Bowers and Merena August auction.
The rare Chinese coin collection of Howard Franklin Bowker is being donated to various museums in China. He was considered one of the foremost authorities on Chinese coins and had a collection of more than 5,000.
An excerpt from David L. Ganz’s upcoming book Rare Coin Investing: An Affordable Way to Build Your Portfolio.
And now for some notable auctions. It’s now been a few years without a newly issued $5 gold commemorative coin. Here’s a lot of three uncirculated 2008-W Bald Eagle $5 Gold Coins in original US Mint packaging.
Next, a 1795 Flowing Hair Half Dime. This coin is graded PCGS XF45 with CAC vertification.
Last, a full $1,000 box of 2010-D Franklin Pierce Presidential Dollars. The box contains forty $25 rolls in a sealed box.
That’s it for now. Have a great weekend!
