January 25, 2011: James Buchanan’s Liberty, Proof 70 Graded Coins, Rare Coin Market

Welcome to Coin Update!

We’re back to bring you another round up of coin collecting new and articles from around the internet! First, with no significant product releases in the past week, the US Mint sales report focuses on the James Buchanan’s Liberty Gold Coin, which has been a consistently strong seller. Also, bold predictions for 2011, rare 25 cent note found in book, coins graded Proof 70, crackdown on bogus September 11 “coins,” Miles Standish, strength at the top of the rare coin market, “weird” coins, and notable auctions. On to the links…

The latest US Mint numismatic product sales report takes focus on the 2010 James Buchanan’s Liberty First Spouse Gold Coin, which has a reasonable chance for selling out of the maximum mintage.

The last installment of the Mint News Blog 2010 Survey results. Readers were provided with a chance to make “bold predictions” about the coming year.

One of several boxes of used textbooks purchased for $10 yielded a rare 25 cent note from the Republic of Texas that sold at auction for $63,250.

A Canadian’s perspective on the American $1 coin.

Dave Harper shares some recent comments from a collector who was surprised that ten out of ten Proof Silver Eagles purchased directly from the US Mint did not grade a perfect Proof 70.

You may have seen some TV commercials for “enhanced” or “overlaid” bills. Why aren’t these illegal as defacement of currency?

With a US Mint produced September 11 Commemorative Medal coming later this year, Senator Chuck Schumer and Congressman Jerrold Nadler are calling for the FTC to crack down on bogus 9/11 coins marketed by National Collector’s Mint.

Miles Standish, Vice President and Senior Grader of the PCGS, was awarded the “Director’s Coin for Excellence” by former US Mint Director Edmund Moy.

Coin Values Online examines the strength at the top of the rare coin market exhibited by the recent FUN auction, focusing on the Jim O’Neal collection of Indian Half Eagles.

An article from Numismatic News which discusses some “weird” or “unattractive” coins and patterns.

A discussion of rare coin purchases motivated by the prospect of price increases.

And now for some notable auctions. First a near gem example of the key date 1885 Liberty Nickel, graded PCGS MS64.

Next, a visually dramatic 1983 Kennedy Half Dollar Broadstrike Error.

Last, a complete set of Barber Quarters in a Dansco album, including the key date coins, which were previously encapsulated by ANACS.

That’s it for another update. Have a great day!

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