Saturday, January 29, 2011

January 28, 2011: U.S. Army Commemorative Coins, 2011 Platinum Eagle, World Mint Coin Programs

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Welcome to Coin Update!

We’re back with another round up of coin collecting news and articles before the weekend break. First, details and images of the upcoming 2011 U.S. Army Commemorative coin program, which includes a $5 gold coin, silver dollar, and half dollar.  Also, the CCAC review of the 2011 Platinum Eagle designs, US Mint customers sound off, preview of upcoming coin programs from world mints, America the Beautiful Quarters and Silver Bullion Coins, 1896-O Barber Quarter, and notable auctions. On to the links…

Sales of the 2011 United States Army Commemorative Coins will begin next week on January 31. The program includes three different coins, struck in proof and uncirculated versions, across four different Mint facilities.

Coverage of the Citizens Coinage Advisory Committee’s discussion of the 2011 American Platinum Eagle design candidates. The CFA’s favored design AEP-R-05 received only 1 point in the CCAC’s voting.

Numismatic News readers provide their thoughts on the factors which have contributed to 25% decline in the US Mint’s customer base.

Dave Harper explains what happened when the National Bank of Poland tried a new online method for coin sales. Customers were required to bid on new releases rather than pay fixed prices and had to pick up their coins rather than have them shipped.

More than two tons of coins with a face value of $64,500 went missing after being picked up by Brink’s armored trucks. Banking industry officials are “mystified” about the loss.

Want a preview of the upcoming coin programs from some of the other world mints? Tom Michael provided live coverage of the Media Forum at the World Money Fair in Berlin. Go to his blog and scroll down to read the seven entries covering the event.

Yesterday, sales of Gettysburg National Military Park Quarter bags and rolls began at the US Mint. Price increases have now brought the cost of these products to double face value.

The last America the Beautiful Quarter to be released this year will feature Chickasaw National Recreation Area. This news article provides some information on the Chickasaw people and history of the area.

Production of 2011 America the Beautiful Silver Bullion Coins has begun. The diameter of the coins will remain at 3 inches.

Numismatic Americana has acquired the finest known 1896-O Barber Quarter, an issue considered to be an extreme rarity in high grade.

And now for some notable auctions. First, an 1881-CC Morgan Dollar from the GSA hoard with a struck thru error.  The coin resides in the original GSA holder, with an NGC certification label.

Next, a nearly complete collection of Flying Eagle Cents and Indian Head Cents. Only the key date 1877 is missing.

The US Mint used to create some interesting sets for their commemorative coin programs. The Lewis & Clark Coinage and Currency Set included the 2004 commemorative silver dollar, plus 2004 Jefferson Nickels, 2004 Sacagawea Dollar, a Peace Medal, a replica note, three postage stamps, and two informational booklets. No special sets are planned for this year’s programs.

That’s it for the update. Have an enjoyable weekend!

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