Welcome to Coin Update!
We’re back to bring you another fresh round up of coin collecting news and articles form around the internet! Tomorrow the US Mint will release perhaps its most anticipated numismatic product of the year, the 25th Anniversary Silver Eagle Set. Also, release dates for 2012 Presidential Dollars and America the Beautiful Quarters, US Mint sales report, still more articles on dollar bills and coins, physical Bitcoins, early commemorative coin designs, ANA numismatic assets, history of money, 1861-D Gold Dollars, modern world coins, the world’s new largest gold coin, and notable auctions. On to the links…
Tomorrow, the US Mint will release the 25th Anniversary Silver Eagle Set. A complete sell out of the 100,000 maximum product limit seems to be a near certainty.
Circulation release dates have been provided for the 2012 Presidential Dollars and 2012 America the Beautiful Quarters, although the final design selections for the coins are still unknown.
More Coin Update News: US Mint Numismatic Product Sales Report
Sales of the US Mint’s bullion and numismatic America the Beautiful 5 oz. Silver Coins have experienced a slow down since the initial releases. This post from Doomberg provides some recommended steps to rescue the program.
The proposal to replace dollar bills with dollar coins is gaining mainstream coverage. An article in USA Today headlines the estimated potential cost savings of $5.6 billion.
A section of Time.com has also written an article on the potential beginning of the end for the dollar bill.
Another perspective from A.C. Dwyer who discusses the Dollar Coin Alliance, Americans for George Coalition, and growing political nature of the situation.
Someone has created physical coins for the Bitcoin virtual currency, but are they legal?
A list of ten beautiful early commemorative coins. One of the coins is used as today’s coin image. It features the birth of Virginia Dare, the first child born of English parents in the New World.
The ANA has included the value of their numismatic holdings on their latest financial statements. The value of their collection was reported to be $35,983,385.
A brief history of money from the first Lydian coins to the credit card.
The intriguing story behind the 1861-D Gold Dollar, the only regular-issue U.S. coin whose entire mintage was produced by the Confederate States of America.
Here is part two of an interview with modern world coin dealer Ola Borgejordet. There are some interesting comments about “hot coins” from world mints.
The Perth Mint has announced the creation of a 1 tonne gold coin, which becomes the new world’s largest gold coin.
And now for some notable auctions. Ahead of tomorrow’s release for the 25th anniversary set, here are some auctions for the 20th Anniversary Silver Eagle Set.
Next, an interesting collection of Proof Jefferson Nickels dated between 1942 and 1991, housed in small old ANACS holders.
Last, an example of an 11 cent coin, or a 1989 Lincoln Cent struck on a Roosevelt Dime. Details of both denominations are very apparent.
That’s it for the update. Have a great evening!
Our government spends over billion dollars a day. How is the saving from the dollar bill being discontinued going too really do anything? We spend that savings in a month. If we cut the pay of every Governor, Mayor, our president, and other office holder would save more money than discontinuing the dollar.
Sorry meant cut their pay for a month.