January 7, 2013: First US Mint Product Release, Trillion Dollar Coin, Silver Eagle Bullion Sales

Welcome to Coholey-dollar-dumpin Update!

We’re back with another round up of the latest coin collecting news and articles from around the internet!

The United States Mint will release its first numismatic product of the year, the 2013 America the Beautiful Silver Proof Set.

A bill has been introduced which seeks to repeal legal tender laws and prohibit taxation on certain coins and bullion. The bill contains the same provisions as bills previously introduced by former Congressman Ron Paul.

Talk about the $1 trillion dollar platinum coins continues. Coin Collector’s Blog makes a really good point here. A House Republican plans to introduce a bill to ban the coin. Still more articles of varied opinion here, here, here, and here.

The official inaugural medal for President Obama’s second term recently went on sale. The medals were produced by Medalcraft Mint and are offered at “unprecedented prices.

With the FUN Heritage Auction approaching, Jeff Garrett provides some advice on how to prepare for an auction and some things to remember.

This article explains how auction catalogs can be useful learning tools.

Coin World’s rare coin index registered a loss of 0.5% for 2012. The index is provided to the Wall Street Journal for its annual investment scorecard.

More information on the unique bronze 1943 Lincoln Cent to be auctioned later this month. The coin has a composition of 91.7% copper, 7.5% zinc, and 0.8% silver.

Q. David Bowers remembers his first ANA Convention held in Omaha in 1955.

Vic Bozarth remembers his greatest numismatic mentor.

More details on the 13-year old collector who camped outside the Royal Australian Mint for four days to strike the first $1 coin of 2013 (design shown above).

The opening day orders for the 2013-dated American Silver Eagles seem to represent the highest one-day sales total in the history of the program.

And now for some notable auctions, First, here is an auction for the Inaugural Medal Set issued for Ronald Reagan and George Bush containing gold, silver, bronze, and high relief bronze medals.

Next, a collection of uncirculated 1938-1964 Jefferson Nickels housed in a white Capital Plastics holder.

That’s it for the update. See you next time!

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