Welcome to Coin Update!
We’re back to bring you another round up of the latest coin collecting news and articles from around the internet! First, a new US Mint sales report shows gains for traditional products like proof sets and mint sets. Also, design candidates for the 2013 America the Beautiful Quarters, 25th Anniversary Silver Eagle sets begin to ship, coin collecting benefits, rarity of Morgan Dollars, Collectors Universe results, Mary Todd Lincoln First Spouse Gold Coins, rare coin investment funds, and notable auctions. On to the links…
A new US Mint sales report shows higher numbers for the US Mint’s annual, sets such as Proof Sets and Mint Sets.
The CFA reviewed design candidates provided for the 2013 America the Beautiful Quarters. They only made a recommendation for three out of the five coins due to issues with certain candidates.
Beth Diesher, the editor of CoinWorld, has some specific comments on the quarter featuring Perry’s Victory and International Peace Memorial, stating that the US Mint should go back to the drawing board.
Somewhat sooner than anticipated, the first of the 25th Anniversary Silver Eagle Sets have started to ship to US Mint customers. By today, some of the sets have now been received in hand.
The Chicago Tribune has an article on the benefits of coin collecting, with quotes or insights from many well known figures in the hobby.
The Coin Rarities & Related Topics article series on assembling sets of silver coins moves on to three cent silvers.
Sometimes mintage figures alone cannot be used to determine the rarity of coins. Here are some special factors which influence the rarity and availability of Morgan Dollars.
Collectors Universe, the parent company of PCGS, reported their quarterly results. Coin services revenue rose by 32% and the average service fee per coin increased by 24%. Here is a transcript of the earnings call with some additional details on the quarter.
While discussing availability of US Mint products, Dave Harper mentions that the Mary Todd Lincoln proof coin could go off sale today without warning. Later in the day, that was exactly what happened.
Sunshine Minting Inc sold $1.25 billion worth of precious metals to the US Mint, doubling the total from the previous year.
Certified Assets Management International LLC will launch coin investment funds, which seek to establish rare coins as an asset class. One of the funds would seek to acquire up to $250 million in rare coins.
And now for some notable auctions. First, here are the auctions for 25th Anniversary Silver Eagle Sets. Ebay is only allowing sets to be listed that have actually been received.
Next, the 1992 Olympic Commemorative 6 Coin Set, which includes some original brochures, order forms, letters, and an autograph signature card from the time of issue.
Last, a box of 50 unopened 1969-S Lincoln Cent Rolls, containing 2,500 BU coins.
That’s it for the update. See you next time!
