Welcome back to Coin Update!
We have another fresh round up of coin collecting news and articles from around the web! First, a report from the 2010 Lincoln Cent launch ceremony held late last week. Also, pricing for 2010 US Commemoratives, coins released into circulation with the country name misspelled, differentiating errors and varieties, letter from the NGC Chairman, a coin-related ethical question, United States Pattern Coins, and notable auctions. On to the links…
From Coin Update News, a first hand account of the 2010 Lincoln Cent Launch Ceremony and Coin Exchange.
An article on the ceremony from a Springfield, Illinois newspaper. The article opens with someone claiming to have made $200,000 from last year’s Lincoln ceremonies!?!
The pricing for the US Mint’s 2010 Commemorative Coins was revealed. The price levels represent an increase of $2 from last year, likely driven by the higher price of silver.
The general manager and several employees of the Chilean Mint lost their jobs after releasing thousands of coins misspelling the country’s name as “Chiie”. Oddly, the coins circulated for a year before anyone noticed the mistake.
Is it an error coin or a variety? Here is how Ken Potter differentiates between errors and varieties.
A letter from Mark Salzberg, the Chairman of NGC. In the annual letter to NGC submitters, he recaps some of the highlights of 2009 and mentions that NGC is days away from certifying their 20 millionth coin.
An ethical question related to an Indian Head Penny in the take-a-penny leave-a-penny cup.
If you want a laugh, look at the four prizes for this contest promotion.
An excellent article on United States Pattern coins republished on CoinLink. It briefly covers the history of patterns and discusses articles and reference books on the subject.
And now for some notable auctions. First, going with one of today’s stories, here are the coins from Chile with the country misspelled as “Chiie”.
These sets used to sell for huge prices, but seem to have settled down lately. Here is a complete run of the 2007-2008 Presidential Dollar Historical Signature Sets.
Last, a Peace Dollar with original rainbow toning on the reverse of the coin. Natural, colorful toning is very infrequent for the series.
That’s wraps up today’s update. Have a great President’s Day!
