Saturday, June 18, 2011

June 17, 2011: ATB Five Ounce Silver Coins, 1870-CC Double Eagle, Stuttgart Mint

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Welcome to Coin Update!

We have one more fresh round up of coin collecting news and articles ahead of the weekend break! To start, several links to recent news, commentary, and a video on the America the Beautiful Five Ounce Silver Coins, both numismatic and bullion versions. Also, an 1870-CC Double Eagle purchased nearly 50 years ago will go to auction, coin prices, counterfeit Gold Panda, Whitman Baltimore convention, CCAC meeting coverage, the PNG, PCGS Secure Plus grading, Stuttgart Mint tour, precious metals commentary, and notable auctions. On to the links…

The steady march of numismatic America the Beautiful Five Ounce Silver Coins continues. Release dates have been scheduled for the next coins featuring Grand Canyon and Mount Hood.

Mint News Blog covers the slower pace of sales for the 2011-dated bullion releases of the series.

The US Mint’s YouTube channel has a new video showcasing the production of the five ounce silver bullion coins.

And one more ATB article… will the five ounce silver bullion size prove to be convenient?

A newly rediscovered 1870-CC Double Eagle will be auctioned in September. This is the first year double eagles were struck at the Carson City Mint and one of the major rarities of the series.

A discussion of coin prices, with a focus on liquidation value versus replacement value.

NGC encounters a previously undocumented counterfeit one ounce 2010 Chinese Gold Panda.

John Brush of David Lawrence Rare Coins has a report from day 2 of the Whitman Baltimore convention.

In depth coverage of the Citizens Coinage Advisory Committee’s discussion of the 2012 National Infantry Museum & Solider Center Commemorative Coin designs. While only one obverse and reverse were officially recommended, some members championed different candidates.

An article by Robert Brueggeman, executive director of the Professional Numismatists Guild, describing some of the PNG’s activities and responding to one particular criticism.

A dealer shares his experience with PCGS Secure Plus grading, indicating two crucial problems with the service.

CoinsWeekly recently took a tour of the Stuttgart Mint in Germany. Many pictures of the facility, equipment, and coins are included in the article.

The Bank of Latvia has issued a new 1-lats circulation coin featuring a beer mug. For ten years, they have issued special 1-lats coins with varied themes.

The latest precious metals commentary from Patrick Heller describes a decrease in the COMEX minimum margin requirement for gold contracts.

And now for some notable auctions. Just ahead of the next release in the series, here is a collection of 1986-2010 Proof Silver Eagles, of course with the exception of the 2009, which was not issued.

Next, a 1950 Proof Set with all coins in an NGC multi-coin holder and graded PF65 to PF67.

Last, the high relief 1921 Peace Dollar graded PCGS MS63 in an old rattler holder.

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

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