Welcome to Coin Update!
We’re back with another fresh round up of the latest coin collecting news and articles from around the internet! First, several articles covering the World Money Fair in Berlin including attendance, events, auctions, entertainment, and the Coin of the Year awards. Also, reduced pricing for US Mint 2012 silver commemorative coins, circulating coin production figures, Odyssey Marine Exploration, Collectors Universe financial results, 1933 Double Eagle on display, the cent project, ITCA news, American Platinum Eagle bullion coins, and notable auctions. On to the links…
For Coin Update News, Michael Alexander provides a report on the 2012 World Money Fair held in Berlin, which booked over 330 booths and had over 15,000 attendants during the three day event.
More coverage of the event from CoinsWeekly, CoinWeek, and Numismatic News.
Here is some information on the designer of the 2012 Coin of the Year and a listing of all of the COTY category winners who received awards at a ceremony held at the WMF.
Unexpectedly, the US Mint has published reduced pricing for the upcoming 2012 silver commemorative coins. The Infantry Soldier Silver Dollar is scheduled to be released next week.
Circulating coin production figures are available from the United States Mint for January 2012. The production of $1 coins was minimal following the suspension of production for circulation. Meanwhile, cents accounted for 58% of all production.
The Supreme Court has declined to hear an application for an emergency stay requested by Odyssey Marine Exploration to block a lower court order to return half a billion worth of gold and silver coins to Spain.
Collectors Universe, the parent company of PCGS, has announced financial results for the second quarter. Service revenues were up 20% and operating income was up 22%. Here is the earnings call transcript with some information on their attendance at a Hong Kong coin show and changes within the online division.
One of the 1933 Double Eagles from the Smithsonian will go on display in the UK. This is the first time the Smithsonian has sent an object from its numismatic collection on tour in Europe.
Coined For Money takes the Cent Project survey and summarizes the what was found within a group of 5,000 cents.
A local article on the 60th anniversary of coin collector magazine Numismatic News, which eventually spawned Krause Publications.
The Industry Council for Tangible Assets is urging members to monitor state legislators for attempts to remove sales tax exemptions for coins and bullion.
CoinWorld reports that the US Mint may resurrect the American Platinum Eagle bullion program, but it might not be until 2013. Likely only one ounce coins would be offered, without the previously available fractional weight coins.
And now for some notable auctions. First, a complete original 1948 Double Mint Set in the original packaging and with the mailing envelope. These sets were packaged by the US Mint with two examples of each coin issued for circulation during the year.
Next, a 1968-S Lincoln Cent struck on a clad dime planchet. The mint error is authenticated by PCGS and graded MS65.
Last, the uncirculated version of the 2009-W Julia Tyler $10 Gold Coin graded NGC MS 69 with original Mint packaging included.
That’s it for the update. Have a great weekend!
