November 12, 2013: US Mint Product Release, America the Beautiful Quarters, Precious Metals IRA Accounts

arches-quarterWelcome to Coin Update!

We’re back with another round up of the latest coin collecting news and articles from around the internet! This week we are going to try round ups published each week day.

There are several news items related to the United States Mint. Today, sales began for the 2013 Woodrow Wilson Presidential Dollar Coin Cover, and a sell out occurred for the individual version of the 2013-W Proof Silver Eagle.

The US Mint revealed the design selections for the 2014 America the Beautiful Quarters. which will feature Great Smoky Mountains National Park, Shenandoah National Park, Arches National Park, Great Sand Dunes National Park, and Everglades National Park.

Meanwhile, sales of American Silver Eagle bullion coins moved into record territory, with year to date sales at 40,175,000 ounces.

Dave Harper has some comments on the First Spouse Gold Coins ahead of the release of the issue honoring Ida McKinley.

Patrick Heller writes about some possible concerns related to storing precious metals holdings in Individual Retirement Accounts.

Here is the Legend Numismatics coin market report following the Baltimore Show and ahead of the auction for coins from the Eric P. Newman Collection.

Doug Winter describes when the “best” coin isn’t the “better” coin.

An article with slideshow on Princeton University’s acquisition of a comprehensive collection featuring coinage from the Mamluk Sultanate.

From the New York Times Dealbook, an article on virtual currencies highlighting Ripple, which many view as having the best change of supplanting Bitcoin.

And now for today’s notable auction. Here is the proof version of the 2008-W Van Buren’s Liberty $10 First Spouse Gold Coin graded NGC PF 70 Ultra Cameo. The coin which features the obverse design of the classic Liberty Seated Dime forms part of the “Liberty Subset” of coins featuring classic US coin designs.

That’s it for the update! We’ll be back tomorrow!

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