December 12, 2013: Limited Edition Silver Proof Set, $1 Coins and $1 Bills, Coin Market Report

washingtonWelcome to Coin Update!

We’re back for another round up of coin collecting news and articles from around the internet!

The United States Mint has launched the 2013 Limited Edition Silver Proof Set, which contains the 2013-W Proof Silver Eagle and seven 90% silver proof coins.

A new Federal Reserve study has been released that is against replacing $1 bills with $1 coins. Here is a link to the study in pdf.

Treasury Secretary Jocob Lew said that minting a platinum coin to avoid the debt ceiling “is not a serious option.”

A coin market report from the 57th Money Show of the Southwest.

Three interesting yet affordable varieties are the 1905 “Micro O” Dime, 1945 “Micro S” Dime, and 1958 “Black Beauty” Nickel.

Coin Rarities & Related Topics discusses U.S. Silver Dollars of 1797.

A selection of five Gobrecht Dollars from the Dr. Julius Korein Collection will be offered in the Heritage FUN auction to benefit the ANS.

Also included in the Heritage FUN auction will be an original Confederate cent.

A bill introduced in the House of Representatives seeks commemorative coins in recognition of the fight against breast cancer.

Marshals Museum board members want to help the US Mint market the upcoming commemorative coins which will honor the Marshals Service.

A letter from the Financial Crimes Enforcement Network has shut down a business which minted physical Bitcoins.

The Russian Central Bank has picked a new symbol for the Ruble.

And now for some notable auctions. First, a privately minted example of George T. Morgan’s design for the $100 Union struck in 5 troy ounces of silver and encapsulated by NGC.

Next, a collection of 1934-1945 PDS Mercury Dimes in CH/GEM BU and housed in a Capital Plastics holder.

That’s it for the update. Have a great day!

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