Welcome to Coin Update!
We’re back with another fresh round up of coin collecting news and articles from around the internet! First, the latest Coingrader Capsule discusses PCGS genuine and NGC details grading and the importance of this data. Also, US Mint coin production, the ANA National Money Show, rare Colonial coin, gold plated Liberty Nickels, Bernard von NotHaus trial, gold in history, local coin show, coin market report, 1808 Quarter Eagle, and notable auctions. On to the links…
A new Coingrader Capsule explains the benefits that would arise if PCGS and NGC disclosed “no-grade” data within their population reports.
Here are the US Mint’s circulating coin production figures for February 2011. The final numbers for the Andrew Johnson Presidential Dollar were also provided.
An article from the Sacramento Bee on the upcoming ANA National Money Show to be held this coming Thursday to Saturday.
A rare Colonial coin showed up in a coin shop. It was originally found in the 1950′s by a carpenter who was remodeling a staircase. The home-owner told him to keep it, since it was old and dirty.
Why are people “elated” to pay a 10% fee to turn their coins into cash? This article describes currency and irrational consumer behavior.
The story of Josh Tatum, who gold plated examples of the new Liberty V Nickel, giving them the appearance of five dollar gold coins.
CoinWorld provides coverage of the trial of Bernard von NotHaus, creator of the Liberty Dollar.
The Wall Street Journal provides an interesting compilation of milestones in history related to gold.
Local coverage of a coin show in Lincoln, Nebraska held by a coin club that focuses on appealing to kids.
According to the latest market report by Steve Roach, the empty packaging and certificate of authenticity for Proof Gold Eagles can sell for $100 or $150.
CoinWeek has a coin profile of the 1808 Quarter Eagle that begins with biographical information on the coin’s designer John Reich.
And now for some notable auctions. First, one of the gold bullion discs produced by the Philadelphia Mint in 1945 to pay for oil from Saudi Arabia. They would not accept dollars, so these gold discs were created for payments.
Next, a group of 139 Morgan Dollars listed at auction based on silver content.
Last, here’s one of the 2009 Ultra High Relief Double Eagles graded PCGS MS70PL. More than two years after the coins were first available, PCGS announced that they would start attributing PL for “Proof Like.”
That’s it for this update. Have a great evening!
