Welcome to Coin Update!
We’re here to bring you another round up of coin collecting news and articles from around the internet! First, the United States Mint provides their release schedule for the rest of the year, with Proof Gold and Silver Eagles still “TBD”. Also, US Mint sales report, CCAC on coin designs, visits to the Philadelphia Mint, previewing ANA World’s Fair of Money in Boston, plus grading and the coin market, the PCGS Registry Set effect, 2010 coins in circulation, and notable auctions. On to the links…
The United States Mint has posted the release dates for their “remaining” 2010 products. The 2010 Proof Gold and Silver Eagles are still missing, but the Mint preserves the possibility that popular collector coins might be produced
The Citizens Coinage Advisory Committee has formed a subcommittee to help the US Mint Director bring his vision for a neo-renaissance in U.S. coins closer to reality.
WalletPop has video coverage from a visit to the Philadelphia Mint, which focuses on the artists behind the coins. The video includes a brief interview with Joseph Menna, who designed and sculpted the George Washington Presidential Dollar and other recent coins.
An article from Numismatic News also following a visit to the Mint to talk with sculptors. The article addresses some of the recent criticisms of U.S. coin design with reactions from John Mercanti.
John Brush for Stella Coin News has some comments on the recently completed Whitman Baltimore Expo, which exceeded expectations.
A display containing two rare Gold Double Eagles insured for $8 million each will be one of the exhibit highlights at the upcoming ANA World’s Fair of Money in Boston.
The coin market is still trying to figure out what premiums are appropriate plus graded coins, non-plus graded coins in PCGS Secure holders, CAC stickered coins, and the various overlaps like plus grades with CAC stickers.
What is the “PCGS Set Registry Effect“? An article by Ron Guth for the PCGS Blog examines how this source of demand can impact prices.
Recently passed legislation will require filing 1099 forms for any sale of property (i.e. coins) for more than $600. The new rules would become effective January 1, 2012, so there is still time to repeal the provision.
Have you found any 2010 coins in circulation? I still haven’t, but the author of Coined for Money recently found a bunch of new coins and bills in change.
And now for some notable auctions. First, a complete collection of 1986-2008 Proof Gold Eagles with all coins graded NGC PF 70 Ultra Cameo. The collection includes all years and all denominations for a total of 86 coins.
Next, a high grade, full torch Roosevelt Dime with rainbow toning and star designation. It’s an 1958 Roosevelt Dime NGC MS 67 FT Star.
Last, the popular 1937-D 3 Legged Buffalo Nickel graded NGC AU 58 offered with no reserve.
That’s it for this update. See you next time!