Welcome to Coin Update!
We’re back with another round up of coin collecting news and articles from around the internet! First, an article with some considerations for collecting modern commemorative coins. Also, US Mint sales report including the 2011 Army commemoratives, proof James Buchanan’s Liberty Gold Coins sold out, coin pedigrees, pre-1982 cents, coin design excellence, overall rarity and grade rarity, numismatic specialization, Collectors Universe financial results, and notable auctions. On to the links…
Part one of a new article from Louis Golino’s U.S. Coin Collecting News, which discusses collecting modern commemorative coins.
The latest US Mint weekly sales report includes the debut figures for the 2011 U.S. Army Commemorative Coins. The three options for $5 gold coins, silver dollars, and clad half dollars are off to somewhat of a slow start.
Yesterday, the proof version of the James Buchanan’s Liberty First Spouse Gold Coin unexpectedly sold out.
Q. David Bower’s market report discusses pedigrees and how they can add interest to a collection.
Pre-1982 cents now have an intrinsic value of almost 3 cents each. Is this enough incentive to start searching bank rolls for the 95% copper cents?
A reaction to the CCAC’s proposed blueprint for U.S. coin design excellence, including some insight into how coin designs are selected for other countries.
Doug Winter describes the difference between overall rarity and grade rarity, with examples and advice on rare gold coins.
A discussion of numismatic specialization and how it can make building your collection easier and more profitable.
Collectors Universe, the parent company of coin grading firm PCGS, released their quarterly financial results. Net service revenues increased 8% in the quarter, driven by a 7% increase in coin service revenue.
Here is the transcript of the earning calls, which includes a Q&A session. The CEO answered a question about PCGS Secure Plus, formerly known as “The Big One,” stating: “It did not meet our initial expectations, but it’s already paid for itself. And it’s a nice additional feature or service for what we provide to customers.” Also, the newly established Paris office generated a loss, but is expected to break even in the second half of the fiscal year.
And now for some notable auctions. First, the better date proof 1877 Indian Head Cent graded PCGS PR64RB with CAC sticker.
Next, a 1903 Proof Liberty Nickel with medallic alignment or 180 degree rotated reverse. The coin is authenticated by NGC and graded PF 65.
Last, a complete collection (so far) of US Mint wrapped Presidential Dollar Rolls. This includes all Philadelphia and Denver Mint rolls from President Washington to Lincoln.
That’s it for another update. See you next time!
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