June 26, 2013: US Mint Numismatic Product Prices, Collecting Silver Half Dollars, COINS Act

coveWelcome to Coin Update!

We’re back with a round up of the latest coin collecting news and articles from around the internet!

Mint News Blog covers the price decreases of the United States Mint’s gold and platinum numismatic products and raises the possibility of a decrease for silver products.

In a follow up post, the US Mint has confirmed that a price adjustment for silver products is being considered.

The weekly numismatic product sales report includes the debut figures for the 2013 Kennedy Half Dollar products.

Coin Rarities & Related Topics discusses how to get started collecting silver half dollars of the 20th century.

Michael Olson, a member of the Citizens Coinage Advisory Committee, discusses the CCAC recommendation for a commemorative coin program for the 90th anniversary of Route 66.

As precious metals prices have fallen, base metals have also declined, reducing the melt values of cents and nickels.

A news story about an identity thief who cleaned out a man’s bank account and tried to use the stolen funds to buy gold coins.

Recent coverage of the COINS Act, which seeks to replace the paper $1 bill with $1 coins.

Coin Collectors Blog shares some experiences from Canada related to Loonies, Toonies, and rounding due to the elimination of the cent.

Now state banking regulators are putting heat on Bitcoin.

Q. David Bowers discusses the psychology of coin pricing.

Ancient African coins discovered in Australia could rewrite history.

The Royal Mint Blog describes and illustrates the process of creating a special Gromit sculpture including coins and a special medallion.

The Perth Mint will soon conclude sales of the beautifully designed Sydney Cove Medallion High Relief Silver Proof Coin. This appears as today’s coin image.

And now for some notable auctions. First, here is a 1937 Proof Set with all five coins encapsulated and graded by PCGS. The 1937 Proof Buffalo Nickel is graded PR66.

Next, some collectors have received their 2013 West Point Silver Eagle Sets. Here are the current eBay listings for sets offered for sale that are already in hand.

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

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