June 9, 2010: Ed Moy Interview, Morgan Dollar Demand, Gold Confiscation

Moragn DollarsWelcome back to Coin Update!

We’re here with another round up of coin collecting news and articles from many sources around the internet! First, an interview with the Director of the United States Mint Edmund Moy by a new contributor for Coin Update. Also, the latest US Mint sales report, bulk purchases for America the Beautiful Quarters, Morgan Dollar demand, inside story of the 1794 Silver Dollar sale, San Francisco Mint Rarities, two articles on gold, and notable auctions. On to the links…

Michael Alexander of the London Banknote and Monetary Research Centre will be a new contributor for Coin Update News. His first article is part one of an interview with Edmund Moy, Director of the United States Mint.

The new weekly sales report for the US Mint’s numismatic products. Figures are included for the Yellowstone Quarter products and Jane Pierce coins, but not for the 2010 Proof Gold Buffalo.

The US Mint announced a bulk purchase program for America the Beautiful Quarters. Unfortunately, purchases must be made in increments of $50,000, shutting most collectors out of the offering.

This week, Coin Rarities & Related Topics covers the southern California coin auctions.

A quick coin market report indicates that Morgan Dollars are experiencing “insatiable demand by the thousands” and mentions some particular dates on the move.

PCGS has a video which provides the inside story from the buyer and sellers of the record breaking 1794 Flowing Hair Dollar.

A nice article on Numismatic News explores some of the rarities of the San Francisco Mint such as the 1854-S Quarter Eagle and Half Eagle, the unique 1870-S Liberty Seated Half Dime, 1894-S Barber Dime, and the later 1909-S Indian Head and Lincoln Cents.

A conference on commemorative coins will be held in St. Petersburg, Russia where experts will discuss technologies in coinage, trends in design, and coin marketing.

An thought provoking article from Q. David Bowers that broadly reflects on current monetary and economic uncertainty in contrast to gold and rare coins.

The latest from Patrick A. Heller. Is gold confiscation a real possibility, or just a deceptive marketing gimmick?

First, a low mintage gold commemorative coin of the recent past, the 2001-W Capitol Visitor Center $5 Gold PCGS MS69 in a Secure holder.

Next, a full collection of US Mint wrapped 2000-2010 P & D Sacagawea Dollar Rolls. Some of the rolls are in the unopened white outer boxes.

Last, a 1937 Proof Buffalo Nickel graded NGC PF 68 with some nice color.

That’s it for today. Have a great evening!

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