July 16, 2008: First Spouse Coin Prices, Cherrypicking Coins
By admin | July 16, 2008
Welcome back to Coin Update!
We’re back with another update of the latest coin collecting news. What does the future hold for gold? Also, First Spouse Gold Coin prices and sales figures, the pre-Washington Presidential Dollar lawsuit dismissed, a rotating commemorative, cherrypicking coins, and notable auctions. On to the links…
Lately, it seems like a lot of people are expecting gold to soar.
As gold continues to rise, the US Mint’s price for Uncirculated Dolley Madison First Spouse coin gets close to melt value.
And here’s a look at recent sales figures for all of the First Spouse Coins still available from the Mint.
Don’t try to pay your parking ticket with coins in this Canadian town.
The lawsuit which called for the issuance of 10 “Pre-Washington” Presidential Dollars has officially been dismissed.
The Perth Mint has launched an innovative rotating commemorative coin. It commemorates Yuri Gagarin, the first person in space.
Want to become a cherrypicker? Here is some excellent advice and insights.
And now for some notable auctions. The “Presidential Oath Dollars” mentioned in yesterday’s post find their way to eBay. Three have been listed with no reserve. It will be interesting to see where they close.
Here’s an interesting lot of 19 different Morgan Dollars all in PCGS Old Green Holders.
An intriguing State Quarter Error. This North Dakota Quarter was struck 30% Off Center on a 33% End of Strip Clip.
Have a wonderful, coin-filled day!
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July 15, 2008: Presidential Oath Dollars, Coin Dealer Review
By admin | July 15, 2008
Welcome to Coin Update!
We’re pleased to bring you another round up of coin collecting news from around the internet. Will gold surpass its old high? Also, the scoop on Presidential Oath Dollars, coin dealer reviews, coin price guides, Collector’s Universe tries to improve their financial performance, Teletrade, loose change, and notable auctions. On to the links…
Gold has been rising as the stock market falls and financial troubles mount. But it’s still below the record $1,033 price per ounce set on March 17.
Have you heard about “Presidential Oath Dollars?” These were created by the Denver Mint by placing a aluminum ring around a Presidential Dollar. They were limited to 1,000 each for the first six Presidents and slabbed by ANACS. HSN supposedly sold out their entire supply in 30 minutes and many people have been looking for information about them online. Here’s a Coin Talk thread with information and some collector opinions. There is also supposed to be an upcoming article in Coin World.
Susan Headley is starting a new feature Coin Dealer Reviews on About.com:Coins. The first review is on Chattanooga Coin.
Have you ever wondered how a coin price guide gets its prices? Here’s the answer from Coin World’s Coin Values.
Collector’s Universe (CLCT), the parent company of PCGS, announced some changes to improve financial performance. Their stock price recently declined to a four year low.
From Coingrader Forum, a reaction to Teletrade’s buyer’s fee increase. The post includes some interesting comparisons between Teletrade and Heritage.
How would you react if your bank stopped giving back loose change? That’s exactly what this Texas bank has done and the bank says their customers “appreciate it.”
The Royal Spanish Mint releases a gold and silver est to mark the Bicentenary of the War of Independence.
And now for some notable auctions. First a 1916-D Mercury Dime graded PCGS MS62FB. This item has been relisted by the seller with no reserve and already received a whopping 94 bids!
A colorful 1951 Cameo Proof Roosevelt Dime graded PCGS PR66CAM.
And a near gem 1894 Morgan Dollar PCGS MS64.
That wraps it up for today!
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July 14, 2008: Fractional Gold Buffalo Coins, Coin World Record
By admin | July 14, 2008
Welcome back to Coin Update!
We hope you enjoyed your weekend. Now its time once again for some fresh coin collecting news! First, some articles related to gold’s recent run. Also, Fractional Gold Buffalo Coins, the CNA’s 2008 Convention, a coin related world’s record, surprising roll find, Steward Blay interview, 1928 Peace Dollars, 1952 Superbird, and notable auctions. On to the links…
On Friday, the gold held by the SPDR Gold Shares ETF increased by an astounding 46 tonnes!
But oddly, sentiment for gold investment still remains muted.
The US Mint has announced the release date and pricing for the highly awaited Fractional Gold Buffalo Coins. Both proof and uncirculated versions will be offered in one ounce, one-half ounce, one-quarter ounce, and one-tenth ounce sizes.
The Canadian Numismatic Association will hold their 2008 convention this week July 17 to July 20th in Ottawa.
Another thought provoking reaction to the National Parks Quarters proposal. Will it lead to “collector burnout”?
There’s a new world record for the longest line of coins. A forty mile long chain of pennies was placed on the ground in Fort Scott, Kansas.
How’s this for a roll find? A 1925 Lexington-Concord Sesquicentennial Commemorative Half.
David Hall interviews Stewart Blay, owner of the legendary Red Copper Collection which will be on display at the ANA’s World’s Fair of Money.
Numismatic News takes a look at the key date 1928 Peace Dollar.
And PCGS tells us about the 1952 Washington Quarter Superbird!
And now for some notable auctions. This one has just a few hours to go, but worth checking out. It’s an original shotgun roll of BU Morgan Dollars obtained from a Carson City bank around the turn of the century.
A 2006 Reverse Proof Silver Eagle Error. The coin has a 30 degree rotated reverse.
And last, a small collection of Proof Like Morgan Dollars in old PCGS rattler holders.
That’s it. Have a nice Monday! 
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July 11, 2008: National Parks Quarters, 2008-W Silver Eagle Reverse of 2007
By admin | July 11, 2008
Welcome to your Friday edition of Coin Update!
Let’s wrap up the week with a fresh round up of coin collecting news! First, gold continues its recent run, the National Park Quarters get one step closer to reality, some reactions from both sides of the coin, two $1,000 bills, coins as investments, 2008-W Silver Eagles with Reverse of 2007, and notable auctions. On to the links…
This morning gold is surging once again, hitting a 3 and 1/2 month high. Other precious metals are along for the ride.
An interesting analysis on the relationship between oil, gold and the Dow during four key time periods.
The National Parks Quarter Bill is passed unanimously by the House of Representatives. In order to become law, it must still pass the Senate and be signed by the President.
Wyoming is looking forward to the new program since their Yellowstone National Park would grace the first new quarter.
But not everyone is thrilled about the idea of another 11 or 22 years of rotating quarter designs. Here’s the letter previously sent to his Representative.
Exactly how many 2008-W Silver Eagles with Reverse of 2007 were produced by the Mint? The current estimate is 47,000, but we might get some better data soon. See this CU Forum thread about a request for information under the Freedom of Information Act.
Here’s an offbeat story about two $1,000 bills that an elderly woman deposited into her local bank.
Do you pursue coin collecting as a hobby or an investment? Here’s a look at the rates of return for certain coin series from 1971 to 2008. In my opinion, if you are collecting coins for investment, focus on high grades or key dates for better rates of return, and try to have some fun anyway!
And now for some notable auctions. First a roll of 1963-D Franklin Halves with some nice end roll toning.
The latest First Spouse Gold Coin in top grade. Here’s the 2008 Louisa Adams PCGS PR70DCAM.
And for anyone still looking for one, here are the 2008-W Silver Eagles with Reverse of 2007 currently on eBay.
Have a great weekend!
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July 10, 2008: 2008-W Gold Eagle Sales, New Coin Blogs
By admin | July 10, 2008
Welcome to Coin Update!
We’re here to provide you with a daily round up of the most interesting or important coin collecting stories from around the internet. Today, an extreme opportunity in gold, State Quarters coming out of hiding, 2008-W Unc Gold Eagle sales figures, a coin fueled publicity event, two new coin blogs, and notable auctions. On to the links…
Are we in the midst of an “extreme” opportunity in gold? This article makes the case based on the gold/oil ratio.
Are some of the previously collected State Quarters finding their way back into circulation as people try to cope with tough economic times?
CoinNews.net has a video of the recent Louis Braille Commemorative Coin design unveiling.
After three months of sales, the sales figures for the 2008-W Uncirculated Gold Eagles look pretty low.
Chevrolet has an interesting coin related publicity event that unfortunately lasted for only 30 minutes.
How would you like to buy an “American” 1804 Silver Dollar for around $138? Coin World looks at some United States key dates in North American coinage.
Two new coin blogs recently launched that look promising. The first is Coingrader Forum which discusses decisions and designations of grading services and related issues.
The second is John Feigenbaum’s Ramblings, the personal blog of the President of David Lawrence Rare Coins. The first post responds to the issue of DGS grading coins owned by DLRC. (DLRC owns DGS.)
And now for some notable auctions. A complete set of Walking Liberty Halves including the key dates.
One of my favorite key date coins: The 1928 Peace Dollar NGC MS 64.
And last, a Morgan Dollar with some vibrant rainbow toning encapsulated by PCGS.
That’s it for today. See you Friday!
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