Welcome to Coin Update!
Here comes another round up of coin collecting news and articles from around the web! First, a recap of some of the events surrounding the Professional Life Cent launch, including a report from one of the Washington DC exchange locations. Also, the upcoming 2009 Proof Lincoln Cent Proof Set, local currencies, rare Canadian coins and currency, the 1792 half disme, verdict on the Las Vegas bullion payroll case, and notable auctions. On to the links…
A recap of the 2009 Lincoln Cent Professional Life launch event in Springfield, Illinois, including some photos from the event.
From Coin Update News, here’s a first hand collector account from one of the coin exchanges in Washington DC.
More from Coin Update News
James K. Polk Presidential Dollar Launch Ceremony in Columbia, Tennessee
The US Mint has released some details on the separate 2009 Proof Lincoln Cent Set that will be offered on August 26. The set is priced at $7.95 and carries a household limit of five.
Local currencies are making a come back, with more communities issuing their own money. Most are being issued as incentives to spend money locally or foster a sense of community.
A Canadian newspaper covers the topic of numismatics and describes two rarities in Canadian coins and currency.
“In what year was the first United States coinage struck?” There are two answers to the question depending on how you ask it. Here’s some information on the less expected answer the 1792 Half Disme.
As reported on CoinLink, a newly found 1792 George Washington Pattern Cent will be offered by Heritage next month.
The verdict has been delivered for the Las Vegas businessman who implemented a payroll system which paid employees in bullion coins and recorded the transactions at face value. He was found guilty on several counts and faces up to 296 years in prison and fines of up to $14 million.
How can having a great attitude pay off in the coin market? Here’s the story of a dealer who wanted to make his customer happy and ended up with a wealthy, long time client.
And now for some notable auctions. There are already full 50 Roll Boxes of Professional Life Cents available for sale on eBay.
Even though they won’t be officially released until later this week, this seller already has rolls of James K. Polk Presidential Dollars for sale.
An error coin with an interesting back story in the description. It’s an undated Kennedy Half Dollar struck on a nickel planchet.
That’s it for today. See you next update!
