July 7, 2010: Silver Bullion Sales, 2010 Platinum Eagle Proof Coin, Commemorative Coins

Bicentennial QuarterWelcome to Coin Update!

We’re back after the July 4 weekend for another round up of coin collecting news and articles from around the internet! First, US Mint bullion sales soften from the prior month, but Silver Eagles remain on a record breaking pace. Also, the 2010 Proof Platinum Eagle, US Mint gold and platinum numismatic coin pricing, new $100 bill production, Franklin Pierce, modern commemorative coins, Walking Liberty Halves, New England silver registry, classic commemorative coin registry, and notable auctions. On to the links…

Here’s a look at US Mint bullion coin sales for the month of June 2010. Sales of one-tenth ounce gold coins have already exceeded last year’s total and Silver Eagles are on pace for setting a new annual record.

A date has been set for the release of the 2010 Proof Platinum Eagle, although the Treasury Secretary’s selection for the reverse design has still not been announced.

The US Mint has updated their gold and platinum numismatic coin pricing grid to reflect the additional criteria included within their internal policy. An unusual note has also been added.

Coin Collector’s Blog has a historical post interspersed with coins to celebrate July 4.

A CNET reporter goes behind the scenes at the Bureau of Engraving and Printing to see the production process for the new $100 bills.

The Sacramento Bee provides some background on Franklin Pierce, explaining why “constituents of his day would likely throw a fit to learn he’s on a coin.”

With modern commemorative coins, it has often been the case that popular issues with high initial demand perform poorly down the road. Dave Harper explores this phenomenon from his perspective.

After a van overturned in Italy and spilled its load of 2 million euros, passing motorists stopped on the busy motorway and “risked their lives” to pick up coins.

The PCGS Blog has a nice post exploring different ways to collect the Walking Liberty Half Dollar series.

Dwight Manley’s New England Silver Registry Set will highlight Heritage’s Platinum Night at the Boston ANA convention.

The WPE Collection of Classic Commemorative Coins has been purchased by Pinnacle Rarities. The set ranked #1 for the 144 piece set and won “Best of the Registry” for four years.

And now for some notable auctions. Here’s a 2001-P Vermont Quarter graded PCGS MS69. This coin is formerly from the Northland State Quarters Registry Set. The seller is offering coins from the set individually.

Next, the 2009-W Julia Tyler First Spouse Gold Coin graded PCGS MS70. Prices have been strong for this low mintage coin.

In 2003, the US Mint issued the Legacies of Freedom Set, which included a Silver Eagle and Silver Brittania from the UK.

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

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