Welcome to Coin Update!
We’re back for another round up of coin collecting news and articles from around the internet! First, a new sales report for United States Mint numismatic products includes figures for the recently released Infantry Soldier commemorative coins. Also, the Battleborn Collection, recently certified unique proof gold coin, return of $500 million in sunken treasure, developments for Goldline, modern commemorative coins, melting silver coins, dollar bills versus coins, the cent, and notable auctions. On to the links…
A new US Mint numismatic product sales report includes the opening numbers for the 2011 Infantry Soldier Silver Dollar.
Mint News Blog provides some additional color on the numbers and comparisons to the debut figures for last year’s commemorative silver dollars.
Coin Rarities & Related Topics covers the Battle Born Collection, which will be auctioned by Stack’s Bowers Galleries in August. This is the only complete collection of Carson City U.S. coins due to the unique 1873-CC No Arrows Liberty Seated Dime.
More information on the unique 1854 Coronet Gold $10 Eagle recently identified and graded by NGC.
The U.S. Air Force is working closely with the Spanish Air Force to ensure a safe and secure transfer of the $500 million in sunken treasure. This follows the five year legal battle with the deep sea explorers who discovered the shipwreck and recovered the treasure.
CoinWeek reports that Goldline has been placed under injunction and ordered to change its unfair sales practices. They will be required to offer refunds to former customers who complained to authorities.
A press release from the Goldline paints a different picture, saying all charges were dismissed. The CEO called it a “great outcome for our customers and for the company.”
According to this Numismatic News Viewpoint the modern commemorative coin program has badly stagnated. Some suggestions are provided for reigniting interest.
An overview of Queen Elizabeth II on coins around the world for the occasion of the Diamond Jubilee marking the 60th year of her reign.
Some questions and answers involving past silver melts and the legality of melting silver coins and also cents.
An intriguing US Mint product of the past was the Legacies of Freedom Set, which included an American Silver Eagle and Silver Britannia.
ABC News on the dollar bill versus dollar coin debate, including comments from Americans for George and the Dollar Coin Alliance.
Q. David Bowers argues that the “penny” is a part of American life and should remain rather than being eliminated.
And now for some notable auctions. First, the 1995-1996 Olympic Silver Dollar Proof Set. Eight different silver dollars were issued for the Olympic Games held in Atlanta, Georgia.
Next, an interesting early date wrong planchet/off-metal/wrong country mint error. It’s a 1920 Lincoln Cent struck on a Peru 10c planchet authenticated by PCGS and graded VF35.
That’s it for the update. See you next time!
