June 23, 2010: Proof Boy Scouts Silver Dollars, 1882 Double Eagle, Gold and Silver Prices

Proof Boy Scouts Silver DollarWelcome to Coin Update!

We’re back to bring you another round up of coin collecting news and articles from around the internet! First, one US Mint product goes to waiting list, as another readies for debut. Also, coin prices and related data, 1882 Liberty Double Eagle at auction, 1999-W Gold Eagles struck with unfinished proof dies, coin collection recovery, avoiding “churn”, gold and silver prices, precious metals predictions, and notable auctions. On to the links…

Following a long three weeks without any new products, the US Mint will release the Franklin and Jane Pierce First Spouse $1 Coin and First Spouse Medal Set tomorrow.

The proof version of the 2010 Boy Scouts Silver Dollar has finally been put on waiting list status, as the US Mint has received orders sufficient to meet the maximum authorized mintage of 350,000.

Dave Harper talks about coin prices and how some buyers can ignore data and experience in search of false bargains or through temporary excitement.

The upcoming Heritage Summer FUN auction will include an 1882 Double Eagle graded PCGS AU58. Even the Smithsonian Institution doesn’t have an example of this rare, low mintage issue.

An informative article from PCGS on the 1999-W $5 and $10 Gold Eagles struck with unfinished proof dies.

After all of the recent coin dealer robberies, here’s a refreshing change. A bag containing cash and hundreds of coins collected over 50 years was turned in to the police and reunited with its rightful owner.

In the first of a new series of blogs on smart collecting, Doug Winter recommends that collectors should avoid “churn” and “buy the right coin the first time.”

Auction results from Stack’s C.B. Slade auction, which realized $2.6 million.

After hitting a new all time high early Monday, the price of gold has pulled back. Will the price continue to be held down this week?

David Hall of PCGS talks about the price of gold, the value of the dollar, and “the fundamental.”

An article on silver, which presents a lower cost alternative to gold. Price predictions are included as well as evaluation of the current gold/silver ratio.

And now for some notable auctions. First, the 2000 “Cheerios” Sacagawea Dollar still affixed to the original card with the accompanying 2000 Lincoln Cent.

Here’s a 1999-W $10 Gold Eagle struck with unfinished proof die as mentioned in one of today’s articles. This example is encapsulated and graded PCGS MS69.

Last, the low mintage 2009-W Julia Tyler First Spouse Coin graded PCGS MS70. The last reported sales figures were below 3,000 for the uncirculated version of the coin.

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

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