Welcome to Coin Update!
We’re back with one more round up of coin collecting news and articles to wrap up the week! First, updated production figures from the US Mint show nearly one billion coins struck in the prior month. Also, the latest Coin Grader Capsule, US Mint sales report, British Roman coin hoard discovery, video showing how coins are made, reaction to the coin design excellence subcommittee, Full Head Standing Liberty Quarters, article on gold, one year coin types, and notable auctions. On to the links…
Updated coin production figures are available from the United States Mint. During June 2010, nearly one billion coins were struck for circulation, including the first 2010 Jefferson Nickels from the Denver Mint.
The latest Coingrader Capsule begins a discussion of the “breakout and crossover game,” or removing coins from third party graded holders and re-submitting them to a different company.
More Coin Update News: US Mint Numismatic Product Sales Report
The second largest British Roman coin hoard was recently discovered by a metal detector enthusiast. A single earthenware pot contained a total of 52,503 coins worth an estimated £250,000.
An article and video segment from WalletPop showing how coins are made at the Philadelphia Mint.
Chester Krause has resigned from the ANA Board of Governors citing the difficulty of traveling. He will be replaced by Alan Herbert.
A reaction to the CCAC’s recently formed subcommittee on coin design excellence and their 17 characteristics of design excellence.
Tips from the (PCGS) Grading Room looks at Full Head Standing Liberty Quarters with helpful photographs illustrating 100% full head, minimum detail for full head, and just short of full head.
This article from NGC explains the difference between varieties and errors, as well as explains what varieties NGC will recognize on their holders.
A lengthy article on gold from The Economist, with a predominantly negative slant. The article even suggests that gold’s recent slide below $1,200 marks the turning point for gold’s long bull market.
The latest Coin Rarities & Related Topics article focuses on one year type coins.
And now for some notable auctions. There seem to be a lot of registry type coin collections offered for sale recently. Here is a complete set of 144 classic commemorative coins with the majority of coins graded by PCGS or NGC.
Next, the 2004-D Extra High Leaf Wisconsin Quarter graded NGC MS 68. I recall a PCGS MS67 graded example selling for $10K earlier this year.
Last, a 1962 Franklin Half Dollar struck on a silver quarter planchet. The mint error is authenticated by PCGS and graded MS61.
That’s it for this update. Have a great weekend!
