November 28, 2011: US Mint Products, Early Commemorative Coins, NYINC & FUN

Welcome to Coin Update!

We’re back with another round up of coin collecting news and articles from across the internet! First, the total cost of purchasing one example of each coin and medal offered by the US Mint for the year. Also, upcoming product release, generic U.S. gold coins, early commemorative coins, local coin show, New York International Numismatic Convention, FUN Convention, ancient coin discovery, type two gold dollars, other articles, and notable auctions. On to the links…

CoinWorld has calculated the cost of purchasing one of everything offered by the United States Mint during calendar year 2011 as $23,498.58.

Here’s a look at the US Mint’s next product release, the 2011 America the Beautiful Quarters Circulating Coin Set.

According to this coin market report, classic generic U.S. gold coins have lagged in the past few months. The market for proof Gold and Silver Eagles has also slowed.

This article discusses the investment potential of early U.S. commemorative coins. I have been working on a collection of the silver half dollars, one of which is shown as today’s coin image.

The SA Mint has discontinued production of the 5c coin and is using different materials for the 10c coin. Previously, the half cent, 1c, and 2c coins were discontinued.

A local article on the Westchester Stamp Coin and Paper Money Show held over the weekend, with quotes and observations from some dealers.

According to this article, studies show minimal support for the legislation which would replace $1 bills with $1 coins.

The auctions held for the 20th annual New York International Numismatic Convention may reach $100 million. Nine different companies will hold auctions over the course of ten days.

The upcoming Heritage auction for the FUN convention will include a 1921 Saint Gaudens Double Eagle likely to sell for more than $1 million.

A 1999 Chevrolet Camaro was fully covered with UAE coins to celebrate the 40th UAE National Day. It took 3,000 hours and 33,000 coins to complete.

Ancient bronze coins discovered under Jerusalem’s Western Wall could change the accepted belief about who built the structure.

Doug Winter discusses gem type two gold dollars, which were once rare, but now much more available.

A recent Wall Street Journal article on a collection of checks signed by presidents, authors, and other important historical figures that was recently rediscovered. The collection includes the last known signature of Abraham Lincoln.

Congratulations to Patrick Heller, who received the Michigan State Numismatic Society President’s Award.

And now for some notable auctions. First, a set of the 2007-W Uncirculated Platinum Eagles, including the 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz coins each in the individual packaging.

Next, a 1999 Lincoln Cent struck on a Roosevelt Dime encapsulated by ANACS in an old small holder. The mint error shows a nice impression of both designs.

Last, the 1997 Jackie Robinson 4 Coin Set, including the low mintage uncirculated gold coin.

That’s it for the update. Have a great day!

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