Welcome to Coin Update!
We’re back to bring you another round up of coin collecting news and articles from around the internet! First, an interview with the head of the Hungarian Mint discussing Hungarian coin history, designs, and future. Also, prices for generic gold coins have fallen as gold has risen, 1894 Morgan Dollar authentication, design ideas for U.S. currency, Michael Castle, Russian 1 and 5 kopeck coins, Philadelphia Mint tour upgrade, Carson City Morgan Dollar hoard, and notable auctions. On to the links…
The latest interview on Coin Update News is with the General Manager of the Hungarian Mint. He discusses the history of Hungarian coinage, the string of COTY People’s Choice awards, and the upcoming switch from the Forint to Euro.
Despite the all time record high price for gold, generic gold coins are trading at heavy discounts to prices from earlier in the year when gold was much lower.
NGC reports that recently they have been receiving “heaps of fake 1894 Morgan Dollars” and provides some authentication guidelines.
The Dollar ReDe$ign Project gets some media attention with this showcase of some of their design ideas for U.S. currency.
Michael Castle, who has sponsored and promoted some important coin related legislation, recently lost his bid for the Republican nomination for Senate.
The Russian Central Bank is seeking to stop production of the 1 and 5 kopeck coins, which cost 47 and 69 kopecks to manufacture according to the article.
An employee of the Mint of Finland is suspected of stealing tens of thousands of euros worth of coins.
Over the next 18-24 months, the Philadelphia Mint tour will be upgraded to be more dynamic, interactive, and exciting, at a cost of $3.5 to $4 million.
Coinlink provides some insight into the GSA Carson City Morgan Silver Dollar Hoard.
A coin has been found amidst the remains of the 18th century ship discovered at the World Trade Center site. It is traditional to slip a “lucky coin” into the structure of the ship during construction.
And now for some notable auctions. With the prospect of issuing the collectible uncirculated Gold Eagle for this year still uncertain, here’s the 2008-W Uncirculated Gold Eagle 4 Coin Set, which includes some low mintage coins.
There happen to be two 1909-S VDB Lincoln Cents graded MS 64 Brown currently listed on eBay, the first is certified by PCGS with CAC verification and the second is certified by NGC also with CAC.
Last, a unique and dramatic error coin. It’s a 1979 Canadian Cent struck on an unidentifiable copper nickel planchet, with a deep die cap on the obverse and uniface reverse.
That’s it for this update. See you next time!
