May 23, 2012

October 12, 2010: Proof Gold Eagle Sales, Cherry Picking Coins, Early Commemoratives

Welcome back to Coin Update!

We’re back with another roundup of coin collecting news and articles from around the internet! First, the debut sales numbers for the eagerly awaited 2010 American Gold Eagle Proof Coins. Also, etiquette for cherry pickers, 1932-D Washington Quarters with added mint marks, metal detecting finds, prices realized for absolute rarities, Heritage Coinfest auction, base metal prices, numismatic sites in Georgia, problems with early commemorative coins, and notable auctions. On to the links…

The opening sales figures for the 2010 Proof Gold Eagle coins have been released by the US Mint. View the weekly sales report on Coin Update News and find some interesting comparisons to the 2008 Proof Gold Eagle sales on Mint News Blog.

An article concerning etiquette when cherry picking coins, which begins with an anecdote about buying an 1886 Liberty Nickel for just $1.

Authentication for the 1932-D Washington Quarter, with images of two genuine coins and two coins with added mint marks.

While a Westfield, Massachusetts park square green was being dug up for a new traffic plan, a metal detectorist scoured the site and found two Spanish reales dated 1752 and 1819 as well as a wide array of 19th century U.S. coins.

The latest Coin Values Online examines some cases where coins of superlative quality and absolute rarity did not generate quick profits at auction.

The Stack’s Philadelphia Americana Sale realized $9.8 million. Follow the link for some highlights and images.

Highlights from the upcoming Heritage Auction at Coinfest, including the W. Philip Keller Collection, which had been locked in a bank vault for 43 years.

With the prices of base metals increasing, there’s news of upcoming exchange traded products for base metals like copper, aluminum, zinc, nickel, lead, and tin.

Apparently, none of the existing payment systems could be used in space, so scientists have come up with a new currency for space travelers.

Ron Guth visits some numismatic sites in Georgia including the Dahlonega Gold Museum and the Confederate Memorial Carving known to collectors from the Stone Mountain Half Dollar.

A lengthy but interesting Paul M. Green article discussing some of the problems and abuses that occurred for early commemorative coins.

And now for some notable auctions. First, an impressive complete collection of 1865-1889 Proof 3-Cent Nickels. Every coin but one is cameo or deep cameo, most have CAC approval, and five duplicates from upgrades are included.

Next, an interesting piece of numismatic history. It’s an original Panama-Pacific Exposition Commemorative Coin display case to hold the half dollar, $1 gold, and $2.50 gold.

Last, the 2008-W Uncirculated Gold Eagle 4 Coin Set, which only sold 2,851 units. This is less than half the number of 2010 Proof Gold Eagle 4 Coin Sets that have already been sold.

That’s it for this update. See you next time!

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