Welcome to Coin Update!
We’re back to bring you another round up of coin collecting news and articles from around the internet! First, the US Mint has added a fee to their Direct Ship Program, which previously allowed $1 coins to be ordered at face value. Also, online coin photography, James Garfield Dollar launch ceremony, Edmund Moy, cataloging your coins, 25th Anniversary Silver Eagle Set prices, coin market report, GreatCoins.com launched, melt values for coins, collectible markets, gift ideas for coin collectors, and notable auctions. On to the links…
The United States Mint has added a $12.50 fulfillment fee for each box of $1 coins ordered through their direct ship program. The fee has been implemented after sending almost one million boxes of coins for free during a period of widespread abuse.
The latest Coingrader Capsule focuses on online coin photography.
Coverage of the launch ceremony recently held for the James Garfield Presidential Dollar that incorrectly refers to the coins as “allegedly silver” and also “gold-plated.” These issues aside, there are some nice photos of the event included.
Former US Mint Director Edmund Moy has become the official spokesperson for Morgan Gold. You may have already seen some of the advertisements around the internet.
About.com:Coins describes some of the different methods for cataloging your coin collection.
A summary of the price levels for 25th Anniversary Silver Eagle Sets for different grade levels, withopened or unopened shipping boxes, and for individual coins.
The Legend Numismatics market report following the Baltimore Show. There are some comments at the end about the “hype” surrounding the two recently announced rare coin investment funds.
Rick Snow, the 2010 ANA Numismatist of the Year, has launched GreatCoins.com. The site was designed as a community gathering place for numismatists to buy and sell coins.
NGC has introduced a new feature for their site, which provides melt values for containing coin melt values for US and world silver, gold, platinum, and palladium coins.
The £7.5m Avarae Investment Trust in the UK has outperformed the FTSE 100 stock index, earning 4% over the past year and 40% over the past three years.
Here’s a look at the staggering prices realized in other collectible markets that make coins look like a bargain by comparison.
Coin Collectors Blog describes what happens at meetings for his local coin club and asks for ideas about recruiting and diversifying.
As the holiday shopping season gets underway, Patrick Heller provides some gift ideas for coin collectors.
And now for some notable auctions. First, a 1999-W $5 Gold Eagle Struck with Unfinished Proof Dies graded PCGS MS69. These were issued as bullion, but include the “W” mint mark.
Next, a 1909-S Indian Head Cent graded NGC MS 64 RD. This coin has a lower mintage than the more famous 1909-S VDB Lincoln Cent.
Last, here is one of the 2000 Sacagawea Goodacre Presentation Dollars graded PCGS SP68 and signed by former Mint Director Philip Diehl. These coins were given to Glenna Goodacre as payment for her design fee.
That’s it for the update. See you next time!