Welcome to Coin Update!
We’re back to bring you another round up of coin collecting news and articles from around the internet! First, another bill which seeks to address the growing hoard of $1 coins held by the Federal Reserve Banks. Also, the weekly numismatic sales report, statement on ATB numismatic finishes, US Mint silver bullion coins, 1933 double eagles verdict, Victor D. Brenner, 2012 Olympic medals, coin market trends, copper coin hoard, doctored gold coins, the trillion dollar coin, and notable auctions. On to the links…
Following two separate bills introduced last week, a third bill has been introduced in Congress to deal with the $1 coin issue. This bill would require the Secretary of the Treasury to suspend the Presidential $1 Coin Program at times when surplus inventories exceed the reasonable circulation needs for one year.
More Coin Update News:
US Mint Weekly Numismatic Sales Report
Statement on Inconsistent Finishes for ATB Five Ounce Silver Uncirculated Coins
Ohio plans for the release of the James A. Garfield Presidential Dollar, with an official launch ceremony held on November 17 at the President’s former home.
Yesterday, the United States Mint released the 2010-P Mount Hood Five Ounce Silver Bullion Coin. This post on Mint News Blog has information on the offering as well as a recap of the last four numismatic releases of the series.
On the bullion front, the Mint has removed all ordering limits for the Chickasaw National Recreation Area design. Sales had been progressing slowly compared to the other designs released earlier in the year.
With regards to American Silver Eagle bullion coins, the US Mint has paused production at the San Francisco Mint after minting 2,305,000 coins.
Coin Rarities & Related Topics discusses the verdict for the trial concerning ten 1933 double eagles.
The New York Times has an article with a brief description of the life of Victor David Brenner leading up to his design of the Lincoln Cent.
The designs for the 2012 London Olympic Medals have been unveiled. From BBC News, here’s an Olympic Medals time line, showing an image of each medal for the modern Olympic Games from 1896 to present.
A discussion of coin market trends emerging from changes in grading, specifically plus grading and CAC verification.
News on the discovery of a hoard of 3,000 copper alloy coins from the 3rd century.
Doug Winter provides a basic guide to detecting doctored gold coins. Many of the broader points about being knowledgeable and being familiar with what natural color is supposed to look like can apply to non-gold coins.
The idea of minting $1 trillion coins has made the rounds as a solution to the debt ceiling crisis. It seems to have gained attention following this CNN article. Here are other mentions on Slate, NY Times, and The Economist.
Coverage of an annual coin show in Louisiana, with impressions from attendees and exhibitors.
And now for some notable auctions. First, a complete collection of 1997-2008-W $10 Proof Platinum Eagles, with all coins graded NGC PF 70 Ultra Cameo.
Next, the classic key date 1909-S VDB Lincoln Cent graded PCGS MS66+RD in the new Secure style holder.
A visually dramatic 1982 Lincoln Cent overstruck on a 1982 Roosevelt Dime. The mint error is authenticated by NGC and graded MS65.
That’s it for the update. Have a great weekend!
