Welcome to Coin Update!
We’re back for another round up of coin collecting news and articles from around the internet! First, the release details and price of the 2011-W Unicrculated American Silver Eagle. Also, US Mint numismatic gold and silver product pricing, West Point Mint Chief Assayer, ANA Numismatist of the Year, world commemorative coins, purchasing early gold coins, Stack’s Bowers Galleries ANA convention auctions, 1933 Double Eagles, Collectors Universe financial results, and notable auctions. On to the links…
Details are available for the 2011-W Uncirculated Silver Eagle. The collectible uncirculated version of the popular bullion coin will make its return after a two year hiatus.
Still more pricing changes for US Mint numismatic products. Gold commemorative coins get a pricing grid, silver proof set sales resume, and the proof Silver Eagle is suspended.
A new video has been posted by the US Mint on YouTube: Meet the Chief Assayer at the West Point Mint.
Harlan J. Berk has been named the 2011 ANA Numismatist of the Year.
The Chicago Tribune discusses the growth and innovation in world commemorative coins. The article mentions that the Royal Canadian Mint grew its active customer base by 50% last year. By contrast, the US Mint’s customer base dropped by about 18% for their latest fiscal year.
Doug Winter provides some parameters for purchasing early gold coins, which can add value to your collection.
There are some problems with the present state of U.S. circulating coins. In 2013, changes may occur following a required report to Congress.
The Stack’s Bowers Galleries auctions at the ANA World’s Fair of Money realized more than $40 million.
Continued post-auction analysis of the Rarities Night event written by Greg Reynolds for Coin Rarities & Related Topics.
The latest in the ANA situation. Larry Shepard, who was put on administrative leave, apparently was not told the reasons why and was not allowed to defend himself.
BusinessWeek has a feature article on the mystery of the 1933 Double Eagles, covering the sale of the Fenton-Farouk specimen and the recent trial for the ten Langbord specimens.
Collectors Universe, the parent company of coin grading firm PCGS, has reported their financial results for the fourth quarter and 2011 fiscal year. Revenue gains were driven by a 25% increase in modern coin grading revenues and 152% increase in world coin grading revenues.
And now for some notable auctions. First, the 1904 Lewis and Clark Commemorative Gold Dollar graded PCGS MS65. The coin design features the head of Meriwether Lewis on the obverse and the head of William Clark on the reverse, making for a two-headed coin.
Next, a run of the 1999-2008 Silver Proof Sets, which covers all of the years of the 50 State Quarters Program. By my calculation, this also includes more than 13 troy ounces of silver.
Last, a nice collection of 1950-1963 Proof Franklin Half Dollars in Capitol Plastics holder.
That’s it for the update. Have a great weekend!
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