Saturday, March 26, 2011

March 25, 2011: Numismatic Interview, 2011 Native American Dollars, 1804 Silver Dollar

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Welcome to Coin Update!

We’re back for another fresh round up of coin collecting news and articles from around the internet! To start, the latest numismatic interview is with a senior cataloger from Heritage Auction Galleries. Also, 2011 Native American Dollar rolls, Medal of Honor Commemorative pricing, coin investing webinar scheduled, CCAC seeks new member, 1804 Silver Dollar history, attractively toned coins bring premiums, GreatCollections.com launches, eye appeal in the internet age, and notable auctions. On to the links…

An interview with Mark Borckardt, who works as a senior cataloger at Heritage. He provides some information on his numismatic background and some of the highlights of his career.

On Monday, the United States Mint will begin sales of the 2011 Native American Dollar Rolls, although the coins have been available through Direct Ship. Also, the prices for Medal of Honor Coins will be increased, as the introductory period ends.

Another event on Monday will be a webinar on “Safe Coin Investing” conducted by Dave Harper, which includes a question and answer session. It is free, but registration is required. (A link to register is included in his blog post.)

Applications are now being accepted for a new member of the Citizens Coinage Advisory Committee who is specially qualified in numismatics. The CCAC advises on selection of themes and designs for U.S. coinage.

The Atlantic profiles five of the most famous coins from the National Numismatic Collection with the full history of the 1804 Silver Dollar.

Two 1881-S Morgan Dollars recently brought exceptionally high prices at auction. The bidding seems to have been motivated by the attractive toning of the coins.

GreatCollections.com has launched its auction and direct purchase site. The owner and president of the company is Ian Russell.

Rep. Ron Paul recently introduced the bill H.R. 1098, which seeks repeal legal tender laws and prohibit taxation on coins and precious metals.

A thought provoking Numismatic News Viewpoint that asks us to rediscover the true collector that resides within us and start a new collection of circulated coins.

In the internet age, an important consideration in buying and selling coins has become “will it image well,” according to Doug Winter.

And now for some notable auctions. First, a 2009 Native American Dollar struck on a quarter planchet. It has been authenticated by ANACS with a grade of MS65.

Next, a big lot of 196 Uncirculated Mint Sets, with dates ranging from 1971 to 2002. The same seller has a similar group of proof sets.

Last, a complete collection of the 50 State Quarters Collector Spoons. In the past, I have seen certain issues sell for big premiums.

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

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