Welcome to Coin Update!
We’re back with another fresh round up of coin collecting news and articles from around the internet! First, an interview with Michael Moran, the newest member of the Citizens Coinage Advisory Committee. Also, the sale of a 1787 Brasher Doubloon for $7.4 million, explanation of the 25th Anniversary Set production level, Presidential Dollars production figures, Hackney hoard sold, FUN convention and NYINC, 2011 coin market in review, coin market outlook for 2012, and notable auctions. On to the links…
Michael Moran became the newest member of the Citizens Coinage Advisory Committee on November 29, 2011. Here’s an interview where he discusses how he got started with collecting, his current collecting interests, and impressions on CCAC and the US Mint.
An unnamed Wall Street investment firm has purchased a 1787 Brasher Doubloon with “EB” on the eagle’s breast for $7.4 million. The Brasher Doubloon last changed hands in 2004 for $3 million.
CoinWeek has some more detailed information on the significance of the coin, its pedigree, and Ephraim Brasher.
This CoinWorld article contains the US Mint’s explanations for the 100,000 production limit established for the 25th Anniversary Silver Eagle Sets.
The US Mint has now struck more than 2.3 billion Presidential Dollars. Here are the mintage figures for 2011 and a summary of production by year.
The “Hackney hoard” of gold double eagles found buried in a British garden realized over $154,000 at auction.
A library janitor in Germany discovered a hoard of ancient coins in a wooden box that might be worth millions. The coins are believed to have been hidden in the library around 1803.
Heritage provides some highlights for the upcoming auctions for the 2012 FUN Convention and 2012 NYINC.
A summary of some findings on the typical placement of inscriptions and common devices on circulating U.S. coins.
Steve Roach provides the 2011 coin market in review.
The PNG President provides an informal State of the Market Outlook for the 2012, with forecasts for modern issues, mega rarities, low-to-moderately priced numismatic collectibles, gold coins, and paper money.
And now for some notable auctions. First, the 1971 “No S” Jefferson Nickel graded PCGS PR67CAM. This is one of several proof coin issues of the modern era that were inadvertently struck at the San Francisco Mint without the mint mark.
Next, a collection of the numismatic versions of the 2010 America the Beautiful Five Ounce Silver Coins in original US mint packaging.
Last, a set of 1950-1963 Proof Franklin Half Dollars in a capitol plastics holder.
That’s it for the update. See you next time!
In reference to the U.S Mint’s handling of the 25th Anniversary Silver Eagle sets. It’s amazing how the people who were quick to blame the previous mint director (Moy) for everything and anything under the sun that went wrong while he was director isn’t blaming the current acting director for what happened with the 25th anniversary sets. Hmmmm….I wonder why?