Thursday, June 30, 2011

June 29, 2011: September 11 Medal Sales, ATB 5 Ounce Numismatic Release, Collecting Dimes

Coins and Coin Collecting | News, Articles, and Information | Coin ...

Welcome to Coin Update!

We’re back with another round up of the latest coin collecting news and articles from around the internet! First, after one week of availability, sales of the September 11 National Medal have barely made a dent in the high maximum authorized mintage. Also, PCGS announces changes to plus and secure grading policies, Grand Canyon ATB 5 ounce coins, the Sound Money Promotion Act, interesting and undervalued gold coins, John Mercanti and Goldline, 1982 Lincoln Cent varieties, collecting dimes, unique John Lennon gold coin, and notable auctions. On to the links…

The latest US Mint sales report includes the latest numbers for the September 11 National Medals, which sold 50,998 units in the first week of availability. The Julia Grant First Spouse Coins make their first appearance on the report.

Michael Bugeja discusses some changes to Plus and Secure policies just announced by PCGS.

Today, the US Mint began sales of the Grand Canyon Five Ounce Silver Uncirculated Coins. Another sell out is expected, but what will happen when the 2011-dated coins are released?

A bill has been introduced that would eliminate federal tax on gold and silver coins in order to encourage sound money.

Here is a list of the six ANA coins that were recently stolen from the St. Louis Museum of Transportation exhibit “Money of the U.S. Civil War”.

This article by Doug Winter highlights interesting and undervalued gold coins that can be acquired for under $5,000.

John Mercanti, the retired 12th Chief Engraver of the United States Mint, will become a paid spokesman for Goldline. He will appear in a national television commercial this week.

Answers to some frequent questions about the 1982 Lincoln Cents.

This week’s Coin Rarities & Related Topics focuses on dimes and provides some ideas and advice for collecting them.

Q. David Bowers recalls the first ANA convention that he attended in 1955. He had to take some special measures to acquire a bourse table since he was only 17 years old.

A unique John Lennon Gold Coin sold for $119,780 including VAT and buyer’s premium. The coin was donated by Yoko Ono with the proceeds going to a children’s hospital.

And now for some notable auctions. First, a collection of Gold and Silver Coins of the World. The collection is nicely presented and includes 27 ounces of silver and 0.966 ounces of gold, according to the listing.

Next, a complete 1892-1916 Barber Dime Set including all of the lower mintage issues. The coins are in circulated condition and housed in a Whitman album.

Last, all six of the 1989 Congress Gold and Silver Commemorative Coins in an NGC multi-coin holder. Earlier this year, NGC stopped offering these mutli-coin holders for regular submissions.

That’s it for another update. Have a great evening!

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