July 29, 2009: National Gold Exchange Bankruptcy, Ronald Reagan Commemorative Coins, Toned Coins

Welcome back to Coin Update!

Here’s another round up of recent and notable articles and blog posts on coins and coin collecting. First, the bankruptcy of National Gold Exchange and possible repercussions throughout the industry. Also, the proposed Ronald Reagan commemorative coins, UHR Double Eagles, once in a lifetime coins, the first Slovak silver Euro commemorative, rainbow toned coins, a new entrant to the coin blogosphere, and notable auctions. On to the links…

National Gold Exchange Inc. has filed for bankruptcy. What impact might this have on the coin industry? Here are some thoughts from Dave Harper and Stella Coin News.

A bill has been introduced which seeks to authorize $5 gold and $1 silver Ronald Reagan Commemorative Coins. There have been many proposals to put the likeness of Reagan on coins throughout the last few years, including an attempt to have him replace FDR on the dime. Here’s a flashback link from 2003.

Now that the ordering limits have been raised on the 2009 Ultra High Relief Double Eagle, what impact will this have on current and future prices for the coins?

What is the most hyped coin in history? Read the latest post from Susan Headley’s Coins Blog.

A great piece on coin collecting, with a focus on some rare, once in a lifetime coins.

In the last update, I linked to an article on the changeover to Euros in the Slovak Republic. Here’s a look at their first issued Silver Euro Commemorative Coin.

Coin Values Online examines the area of toned coins. From the article “It is an area that is ripe for cherrypicking and finding good values, if you know what you’re looking for.”

A critique on Advanced United States Coin Grading and Problem Coins class from the ANA Summer Seminar. The post comes from a fresh voice in the coin blogosphere, the Gammill Coin Gazette from Gammill Numismatics.

And now for some notable auctions. First, a low mintage yet affordable commemorative coin. It’s the 2000-P Lief Ericson Silver Dollar NGC MS70. The Red Book lists a mintage of only 28,150 for the uncirculated version.

How did something like this escape the Mint? Here’s a 1972-S Proof Lincoln Cent Bonded Mated Pair. Note that it’s a proof coin.

Remember the American Arts Gold Medallions issued by the US Mint in the early 1980′s? Here’s a set of 3 Grant Wood one-ounce Gold Medallions still in the original US Mint container.

Have a great evening!