Welcome to Coin Update!
We’re back to bring you another fresh round up of coin collecting news and articles from around the internet! First, another early suspension of US Mint numismatic gold coins as the market price of gold soars. Also, precious metals commentary from Patrick Heller, coin market reports, coins once found in circulation, 2 euro coins, proposed composition for the cent, Vicksburg Quarter launch ceremony, two interesting world coin issues, “parabolic” gold, and notable auctions. On to the links…
This morning the US Mint suspended sales of all remaining numismatic gold coins. The market price of gold has been moving upwards faster than the Mint’s weekly pricing adjustments can handle.
Patrick Heller’s latest precious metals commentary discusses four developments that could cause gold and silver to move even higher in the coming weeks.
The Legend Numismatics market report following the ANA World’s Fair of Money held in Chicago.
Coin Rarities & Related Topics provides some analysis of the results of the Stack’s Bowers Rarities Night auction. The closely watched Proof 1975 “No S” Roosevelt Dime realized $349,600.
A recollection of some of the coins that could be found in circulation during the late 1960′s.
Coin Collector’s Blog has a brief discussion and video on the making of 2 euro coins.
Another article on the contract awarded to Concurrent Technologies Corp to conduct research on alternative metallic materials for circulating coins. Some background is provided on the higher costs of the lowest denominations and the authority granted by Congress to test new materials.
An an opinion piece written for the New York Times, David L. Ganz suggests a new aluminized-steel alloy for the one cent coin.
The launch ceremony for the Vicksburg National Military Park Quarter will be held on August 30 with a coin exchange to follow.
Two interesting world coin issues that were recently unveiled: the 2012 Silver Cougar Coin from the Royal Canadian Mint and the 50th Anniversary of the World Wildlife Fund from the Royal Dutch Mint.
A Bloomberg article on gold’s recent rally, discussing technical signals and “parabolic” prices.
And now for some notable auctions. First, the 1879-CC Morgan Dollar graded NGC MS 62. The coin is graded in the original GSA plastic holder.
Next, a complete collection of Susan B. Anthony Dollars graded by PCGS or NGC. The set has all of the mint state and proof coins, including the 1979-S and 1981-S Type 2 proofs.
Last, a big lot of 59 unopened US Mint $25 State Quarter Bags, with many of the bags in the original shipping boxes.
That’s it for another update. Have a great evening!
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