May 23, 2012

September 15, 2010: Coingrader Capsule, Long Beach Expo Auctions, Gold Prospecting

Welcome to Coin Update!

We’re back to bring you another round up of coin collecting news and articles from around the internet! First, Coingrader Capsule provides some tips for evaluating luster from online coin auction photos and a related experience. Also, the latest US Mint sales report, prices increase for numismatic gold products, 1892 Columbian Half Dollar, Long Beach Expo auction highlights, gold prospecting activity on the rise, affordable coin purchases, collecting with a purpose, and notable auctions. On to the links…

The latest Coingrader Capsule column entitled “All That Glitters Isn’t Luster” discusses a Peace Dollar, which appeared gorgeous in the auction listing photographs, but disappointing in hand.

James Buchanan’s Liberty First Spouse Gold Coins have now reached 50% of their maximum mintage, according to the latest US Mint sales report. Is there potential for a sell out?

With the price of gold reaching an all time high yesterday, the US Mint has increased the prices for numismatic gold products.

A special presentation of the 1892 Columbian Half Dollar from Stack’s Philadelphia Americana sale. The coin is within an imprinted Wells Fargo cardboard holder.

Rarities and Related Topics by Greg Reynolds describes some of the highlights from the upcoming auctions before and during the Long Beach Expo.

With gold prices at record levels, there has been a resurgence in gold mining activity, which has included a number of “mom and pop operations.”

Another article on selling scrap or unwanted gold. Interestingly, the offers received were both above and below the appraised value of the items.

An explanation of how to tell the different between grades MS-61 and MS-62.

Do you think coin collecting is getting more expensive? Here is a list of items that can still be acquired for $20 or less.

Q. David Bowers explains why you should collect with a purpose, rather than just accumulating coins.

And now for some notable auctions. First, a two piece mated pair Jefferson Nickel set encapsulated and graded by PCGS. The first coin is broadstruck with a 35% indent and the second coin is flipped over and struck on top of the first.

Next, the rare, first year of issue 1796 Draped Bust Quarter graded NGC XF 45. The one year type coin had a mintage of just 6,146.

Last, the 1996 Smithsonian Institution Commemorative 4 Coin Set, including the proof and uncirculated gold and silver coins.

That wraps up another update. Have a great evening!

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