Welcome to Coin Update!
We’re back for another round up of coin collecting new and articles from around the internet! To start, an update on the America the Beautiful Silver Bullion Coins and some clarifications on certain aspects of the offering. Also, Army Commemorative Coin sales, Royal British Mint, 2007 “frosted Freedom” Platinum Eagles, coin grading system evolution, Dahlonega Gold, Heritage special auction, and notable auctions. On to the links…
The latest information on the 2010 America the Beautiful Silver Bullion Coins. Some authorized purchasers still have not distributed their allotments. Clarification is provided for some of the aspects of PCGS and NGC grading.
Although the coins have only been available for sale for two weeks, Mint News Blog takes at the 2011 Army Commemorative Coins for possible low mintage issues.
Coin Update News: Full US Mint Sales Report
The Royal British Mint wants to make its own oversized coins. If the necessary legislation is passed, they will make 60 one kilo gold coins with a face value of £1,000 and expected cost between £40,000 and £45,000.
NGC has certified another 2007 Proof Platinum Eagle with the word “FREEDOM” frosted instead of polished. This comes as CoinWorld reports that the coins were pre-production pieces that were inadvertently released. The Mint believes that 12 one ounce, 21 one-half ounce, and 21 one-quarter ounce “frosted FREEDOM” coins were released.
It has been recommended to obtain documentation on all imported antique and rare coin purchases. Some countries might want to demand repatriation for items that cannot be properly documented.
Stack’s is offering a free copy of A Guide Book of Double Eagle Gold Coins if you “friend” and “follow’ them on Facebook and Twitter, and then send an email.
From PCGS’s ongoing article series on the evolution of the coin grading system, here’s a description of the ANA’s first published grading standards, photo certificates, and obverse/reverse grades.
Here’s a quiz on Dahlonega Gold provided from Doug Winter.
Heritage will hold a special auction to raise a $1 million endowment for the Smithsonian Institution’s National Numismatic Collection. The first consignment was an 1895 Morgan Dollar graded PCGS PR66DCAM.
And now for some notable auctions. First, a 1984 cent overstruck on a 1984-P dime, encapsulated and graded NGC MS 65. The listing includes several large size pictures.
Next, both the proof and uncirculated versions of the Louisa Adams First Spouse Gold Coin.
Last, the 1915-S Panama Pacific $2.50 Gold Coin NGC MS 65. The obverse depicts Columbia seated on a hippocampus with a caduceus in her left hand, symbolizing the triumph over yellow fever during the construction of the Panama Canal.
That’s it for this update. Have a great evening!
