Welcome to Coin Update!
We’re back with another round up of coin collecting news and articles from around the internet! First, the next installments in the ongoing coverage of the US Mint’s 2010 financial results, covering bullion coin sales and circulating coin shipments. Also, the release of the 2011 Proof Set, impressions from the FUN convention, results of the Heritage FUN auction, Royal Canadian Mint collector coins, history of the 2 cent piece, 2011 Gold and 2011 Silver Eagles sales, and notable auctions. On to the links…
The latest two articles covering the United States Mint’s 2010 financial results, cover bullion product revenue, which rose 68.5% to a new record high, and circulating coin shipments, which increased slightly in volume while dropping in total value.
The US Mint released the 2011 Proof Set earlier this week. The initial sales date comes six months before the prior year and ahead of the separate component proof set products.
Numismatic News provides coverage of the FUN convention, with impressions from a few dealers. Public attendance for the show was 9,600.
A summary and highlights of the Heritage US coin auction at FUN, which brought more than $46 million. The auction was led by the $2.185 million sale of a 1907 Rolled Edge Eagle NGC PF 67.
One last article covering the FUN convention. This is by Greg Reynolds for his column Coin Rarities & Related Topics.
Estonia recently switched from the Kroon to the Euro. They are disposing of the old currency by burning it to heat homes.
The Royal Canadian Mint experienced a record 25 sell outs for collector coin offerings during 2010.
An article which suggests that keeping the penny (in Canada) would curb inflation.
With the US Mint Director and Deputy Director having resigned and moved to the BEP, Treasurer of the United States Rosie Rios is currently overseeing operations until the vacant spots are filled.
A brief overview of the 2 cent piece, which was the first to feature the motto “In God We Trust.”
US Mint gold and silver bullion sales are off to a fast start this year, with the month to date total approaching the total sales for the entire month of January 2010.
And now for some notable auctions. First, an auction for a lot of 18 Lincoln Cents in old PCGS Rattler holders, with coins ranging from a 1909 VDB PCGS MS65RD to a 1984 Double Die PCGS MS65RD.
To go with one of today’s articles, here’s an 1868 Two Cent Piece graded NGC MS 65 RB with CAC sticker.
Last, the low mintage 1909-S Indian Head Cent graded PCGS MS64RB with an Eagle Eye sticker from Rick Snow.
That’s it for another update! See you next time!
