Welcome to Coin Update!
We’re back with another fresh round up of coin collecting news from around the internet! First, the latest weekly US Mint numismatic sales report contains the opening number for the latest Presidential Dollar rolls. Also, the upcoming 2010 Silver Proof Set, Native American Dollars missing edge lettering in the 2010 Mint Set, younger “serious” coin collectors, Metalor USA Refining Corp, Johnson-Blue Liberty Gold Eagles, authenticating coins, investing in gold and silver, and notable auctions. On to the links…
The latest weekly US Mint sales report includes the debut figures for the James Buchanan Presidential Dollar rolls. The 2010 annual coin sets also experienced a rebound after last week’s unusually low numbers.
The next product release from the US Mint will be the 2010 Silver Proof Set. The sets are priced at $56.95 each, but the melt value of the seven 90% silver coins included makes up nearly half that amount.
Check your 2010 Mint Sets. Satin finish 2010 Native American Dollars with missing edge lettering have been found and attributed by ANACS. The article suggests that “perhaps hundreds, maybe even over 1,000″ of the errors may have been released into Mint Sets.
Greg Reynolds responds to recent comments from Q. David Bowers asserting that most serious collectors are over the age of 50 and the number of coin collectors has not been increasing.
Boston.com takes a look at Metalor USA Refining Corp, one of the largest gold refiners in the country. Details are not available for most aspects of the business, as the company is extremely secretive.
A new article on the 74.85 ounce gold bar stolen from the Mel Fisher Maritime Museum with some details on the progress of the police investigation.
Doug Winter provides an analysis of the Johnson-Blue collection of Liberty Gold Eagles recently sold by Stack’s.
The benefits of authenticating coins using a stereomicroscope as compared to other methods. The article includes a brief account of the authentication of the unique 1870-S Half Dime.
Patrick Heller outlines the basic options for investing in gold and silver, highlighting the drawbacks of some methods.
And now for some notable auctions. First, a complete collection of Indian Quarter Eagles including the key date 1911-D. All coins are graded NGC MS 61 for a nicely matched set.
Next, a Washington Quarter struck on a cent planchet. The error coin is authenticated by PCGS and graded MS63RB.
Last, one of the US Mint’s more interesting products of the past- a canceled reverse die for one of the Proof 1996 Olympic Silver Dollars. The die is marked with an “X” unlike later coin and die sets, which had the entire surface ground away.
That’s it for this update. See you next time!
