May 23, 2012

September 29, 2010: U.S. Coin Composition, Long Beach Expo Auction Results, Mercury Dime Design

Welcome back to Coin Update!

We’re back with a fresh round up of coin collecting news from around the internet! First, a new bill which could potentially impact circulating U.S. coins, collectible Gold and Silver Eagles, and the upcoming America the Beautiful silver bullion coins. Also, more on the 1943-D Bronze Lincoln Cent, results from the Heritage auction at Long Beach, coin market report, Mercury Dime design, Lincoln Cent roll find, Estonian kroon coins, US Mint sales report, and notable auctions. On to the links…

A bill recently introduced in the House of Representatives would authorize the Secretary of the Treasury to perform “research and development” in relation to compositions of circulating coins. The Secretary could then make recommendations to Congress within a biennial report.

The same bill would also provide amendments to existing law, which would allow Proof Silver Eagles and change the requirements for the America the Beautiful 5 oz Silver Bullion Coins.

The latest Coin Rarities & Related Topics provides some interesting color on the recent 1943-D Bronze Lincoln Cent sale for $1.7 million. The price may have been inflated because the buyer was a billionaire.

The Long Beach Heritage auction realized $13.4 million total. One of the highlights was the recently discovered 1856-O Double Eagle graded NGC XF 45+, which sold for $345,000.

A coin market report following the show, provided by William Shamhart. Some coins in focus were proof Walkers and Mercury Dimes, commemorative coins, and gem gold.

On Numismaster, a timely examination of the Mercury Dime design with details of the initial release. Last week a bill was introduced seeking palladium bullion coins carrying the obverse design of the coin.

A Minnesota collector has discovered a 1992-D “Close AM” Lincoln Cent, while searching through rolls of pennies. This represents one of 15 to 20 pieces known.

Ahead of the switch to the Euro, Estonians are being asked to turn in their kroon coins to banks, but scrap and donations might be the destination for some.

Two new products make their debut on the latest US Mint numismatic products sales report.

And now for some notable auctions. First, a 1916 Walking Liberty Half Dollar pattern coin, Judd-1992. The variations from the final design are interesting to note.

Still driving quite a premium, here’s the 2009-W Julia Tyler First Spouse Gold Coin graded PCGS MS70.

Last, a complete set of 100 BU State Quarter Rolls, with the majority in US Mint wrappers and many sealed in the original shipping boxes.

That’s it for this update. Have a great day!

Speak Your Mind

*