Welcome to Coin Update!
We’re here to bring you another fresh round up of coin collecting news and articles from around the internet. First, rising gold pushes up prices for available US Mint numismatic gold coins. Also, US Mint sales report, PCGS Secure Plus grading, recommendations for NGC Plus grading, 2010 Gold Buffalo bullion coins, the decline of cash transactions in the UK, revisiting the numismatic double play, CPAC hearing that might impact coin collectors, ANA Summer Seminar Registry Contest, and notable auctions. On to the links…
Today, the United States Mint raised prices on available gold numismatic products. The only gold products currently available are five different First Spouse Gold Coins.
The latest US Mint sales report shows that the recently launched 2010 Lincoln Cent Two Roll Sets are selling just a fraction of the number of sets sold for last year’s two roll sets.
David L. Ganz writes an article following the announcement of PCGS Secure Plus grading, which provides some reactions and insights into the evolution of coin grading.
On a related topic, NGC will also be introducing plus grading, adding the “+” after numerical grades for coins of superior quality, which approach the next technical grade level. Before they begin using the new designation, they asked for recommendations from collectors and dealers. Here are my own recommendations for NGC Plus grading.
The latest precious metals commentary from Patrick A. Heller includes information on the anticipated release date of 2010 Gold Buffalo bullion coins.
Highlights from the upcoming Heritage Central States Auction, including a 1921 Double Eagle, graded PCGS MS63 and pedigreed to the Norweb Collection.
Over the past decade cash payments in the UK have fallen from nearly three quarters of all transactions to just 59%. In the next five years, cash and notes are expected to be used in less than half of all transactions.
A change in coin composition has helped to stop coins in India from being melted down and turned into razor blades or jewelery.
Is the time right to revisit the numismatic double play, referring to coins with intrinsic gold value and numismatic value? Doug Winter provides some examples of semi-scarce issues that sell for relatively small premiums above their intrinsic values.
On May 6-7, the U.S. State Department’s Cultural Property Advisory Committee will hold hearings on the request for renewal of the Memorandum of Understanding with Italy. The ACCG believes that an attempt will be made to add coins to the list of restricted objects and is urging collectors to speak out.
And now for some notable auctions. First, the full 20th Anniversary American Gold Eagle 3 Coin Set graded NGC PF 70 / MS70. Will there be a 25th anniversary set next year?
Modern Coin Mart has listed some bulk lots of top graded 2010 Boy Scouts Silver Dollars. Here’s a lot of 50 coins graded NGC MS 70 and a separate lot of 50 coins graded NGC PF 70 Ultra Cameo.
A rainbow toned 1884-CC Morgan Dollar in the plastic GSA holder. This is one of a few rainbow toned GSA Morgan Dollars listed by the same seller.
That it for now. We’ll be back with another update to wrap up the week!
