Welcome to Coin Update!
We’re back for another round up of coin collecting news from around the internet! The leading story is, of course, the release of the 2010 Proof Silver Eagle, which went on sale at the US Mint today. Also, the 2010 Lincoln Presidential Dollar release and ceremony, Whitman Baltimore auction results, sale of a top Standing Liberty Quarters registry set, Susan B. Anthony Dollars, Arnold Palmer Congressional Gold Medal designs, gold and silver bullion coin demand, gold as money, and notable auctions. On to the links…
Today marked the start of sales for the 2010 Proof American Silver Eagle. After the events of the past two year and the email mishap last week, the launch seemed to go relatively smoothly. The big question is: how many of the coins will the Mint have available?
The day before, the Abraham Lincoln Presidential Dollar was released into circulation and numismatic rolls went on sale at the US Mint. This coin honors the 16th President and wraps up the fourth year of the series.
Here are a few big photos from the launch ceremony held at President Lincoln’s cottage.
Summary and highlights of the results of the Bowers and Merena auction at the Whitman Baltimore Coin Expo, which realized more than $13 million in sales.
Some specific commentary from Greg Reynolds on the “Malibu collection” included in the auction, focusing on the registry set of Standing Liberty Quarters.
An odd local news story from Cincinnati about a penny error claimed to be worth $3 million by its owner. Fred Weinberg is mentioned in the story as doubting the coin’s authenticity.
David W. Lange provides the background leading up to the issuance of the Susan B. Anthony Dollar, highlighting several decisions which contributed to the coin’s failure.
Data from the Where’s George? website was used by a research team to define geographic areas of division and connection within the United States.
The CCAC recently reviewed the obverse and reverse design candidates for the Arnold Palmer Congressional Gold Medal. Check out the article to see their preferred choices.
US Mint silver bullion sales for the month to date have already topped last month’s total. Is the surge in demand setting up for another bout of Silver Eagle rationing?
Other world mints are also reporting large increases in bullion sales. The Royal Canadian Mint expects silver coin sales to be 50% higher than last year, and the Royal British Mint is reporting gold coin sales up 400%.
An interesting article that explains, from a chemical standpoint, why gold emerged as the element of choice for money.
And now for some notable auctions. First, a 1795 Flowing Hair Half Dime PCGS VG10. This is one of several reasonably priced classic coins up for auction by the same seller.
Next, complete bank roll sets for the 50 State Quarters Program, with separate auctions for the 50 Philadelphia Mint rolls and the 50 Denver Mint rolls.
Last, the 2008-W Proof Van Buren’s Liberty First Spouse Gold Coin. This coin has a low mintage and is part of the Liberty subset.
That’s it for another update. Have a great weekend!
