Welcome to Coin Update!
We’re back for another fresh round up of coin collecting news and articles from around the internet! First, the US Mint’s circulating coin production figures are available for the first month of the new year. Also, the upcoming Medal of Honor commemorative gold and silver coins, ANA membership, counterfeit coin warning, giant Lincoln Cent, Palladium Eagles, 1792 half disme, British coin collecting, Odyssey Marine Exploration, new 1/10 oz silver coins, and notable auctions. On to the links…
Circulating coin production is off to a brisk start for the United States Mint. For January 2011, there were 764.73 million coins struck, covering all denominations.
Here’s a sneak peak at the images for the upcoming Medal of Honor Commemorative Coins.
ANA membership is down to 28,500, although the organization’s financial situation has improved.
An article warning that counterfeit coins have been turning up in Washington state. A pawn store paid $400 for a group of 20 silver dollars, which included an 1893-S Morgan Dollar, but they all turned out to be fake.
A Michigan woman spent ten hours a day for three months assembling 84,000 cents into a giant replica of a Lincoln Cent. The item was acquired by Ripley’s Believe It or Not.
Discussing the potential financial impact that the American Palladium Eagles might have on Stillwater Mining, the only palladium miner in the country.
CoinWeek provides video news with Martin Logies discussing the 1792 half disme at the Long Beach Expo.
A coin market report from Vic Bozarth that covers the many recent developments in the rare coin business.
An article broadly discussing coin collecting from a British standpoint, mentioning specific issues such as the recent undated 20p coins and the most valuable British coin, which sold for £460,000 in 2006.
Odyssey Marine Exploration and the government of Spain continue in their legal battle for 600,000 coins worth up to $500 million that were recovered from a shipwreck.
With the price of silver higher, perhaps it makes sense to start making smaller coins. The Perth Mint has released one-tenth ounce Silver Koalas.
And now for some notable auctions. First, a complete set of all fifty State Quarter First Day Coin Covers, with a starting bid below the original US Mint issue price.
Next, the 1917 McKinley Gold Dollar graded PCGS MS65. This coin was authorized to defray the costs of a proposed memorial to the President McKinely in Niles, Ohio.
Last, a collection of 1950-1964 Proof Washington Quarters displayed within a Capital Plastics holder.
That’s it for another update. Have a great weekend!
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