February 25, 2014: Numismatic Sales Report, Buried Gold Coin Hoard Discovery, Bitcoin News

HardingWelcome to Coin Update!

We’re back with another round up of the latest coin collecting news and articles from around the internet!

The weekly United States Mint sales report includes the opening figures for the 2014 Presidential Dollar Proof Set. Sales for the four coin set have shown a continual decline since the first release in 2007.

The Bitcoin exchange Mt. Gox has gone offline after the apparent theft of $350 million worth of Bitcoins. Here are articles from USA Today, the New York Times, and Wired.

PCGS has certified a buried treasure of 1,427 19th century gold coins discovered in California’s gold country. More than a dozen of the discovered coins rank as the finest known examples for the given issue.

An article on the Kagin’s, Inc. website provides some further background and indicates that approximately 90% of the coins will be available for purchase via Amazon.com. And here is an interview with the couple who discovered the hoard.

Dave Harper recommends opening the packaging of some proof sets and uncirculated coin sets to more closely examine and learn about the coins.

Patrick Heller lists some topics for discussion at a Bulk Purchaser Forum to be held by the US Mint.

An editorial from a Nebraska newspaper calls the CCAC’s recommended design for the Homestead Monument Quarter “ugly, ugly, ugly.”

Sales of the USĀ  Mint’s gold bullion coins are headed for their worst month since September.

The Perth Mint has unveiled the coin show special for the upcoming ANDA Coin and Banknote Show.

And now for today’s notable auction. Here is an example of the 2012-W Uncirculated Gold Eagle graded NGC MS 70 with Early Releases designation. This coin has the lowest final mintage of any American Gold Eagle at 5,829 pieces.

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

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