Welcome to Coin Update!
We’re back for another fresh round up of coin collecting news and articles form around the internet! First, the upcoming release of the next numismatic ATB five ounce silver coin. Also, 2013 Presidential Dollar designs, 2013 quarter and first spouse coin designs, in favor of dollar bills, in favor of dollar coins, hobby myths, retail and wholesale pricing, possibilities for commemoratives, Royal Canadian Mint gold, American Arts Medallions, and notable auctions. On to the links…
The United States Mint will soon release the 2011-P Glacier National Park Five Ounce Silver Uncirculated Coin. This continues the rapid release of the numismatic five ounce silver coins, with seven releases in less than six months.
Here is a detailed account of the Citizens Coinage Advisory Committee discussions of the design candidates for the William Howard Taft and Woodrow Wilson Presidential Dollars.
CoinWorld provides coverage of the more recent CFA review of 2013 quarter dollar and First Spouse coin designs. The designs for three of the coins were rejected.
A group called Americans for George is working to oppose the legislation that would phase out dollar bills in favor of coins. They funded the survey linked from a recent update that indicated most respondents considered paper dollars to be more convenient. One of the members of the group is Crane & Co., the exclusive supplier of paper for U.S. currency.
For a counterpoint, here is an opinion article in favor of the switch. It was written by a member of the Dollar Coin Alliance, who is also the CEO of Global Brass and Copper Inc. We will note that dollar coins are 77% copper.
This article continues a discussion of coin hobby myths and facts, covering the King of Siam proof set, hard times tokens, 1836-1839 Gobrecht Dollars, and other topics.
Coinflation has added a new page providing live prices for silver proof set and mint set values. The silver value plus other face value for various sets is calculated.
An interesting account of a coin shop in operation for 50 years that transitioned from father to son, with its business shifting from primarily coins to precious metals.
Steve Roach provides an explanation of retail and wholesale pricing for coins, when the pricing is used, and potential variations.
A Numismatic News Viewpoint on some of the endless possibilities for commemoratives.
One of the Royal Canadian Mint’s most recent offerings has the “diameter of a salad plate and the weight of a toddler”. Struck in 10 kilograms of gold, it features Bill Reid’s The Spirit of Haida Gwaii and is limited to 15 pieces.
Doug Winter provides an analysis of the rare Liberty Quarter Eagles that sold in Heritage’s October 2011 Pittsburgh auction.
Even though the American Arts Gold Medallions issued by the US Mint in the 1980′s are viewed as primarily as bullion pieces despite low mintages, they have appreciated about five fold due to their gold content.
And now for some notable auctions. First, here is a complete 2003 National Wildlife Refuge Silver Medal Set. The medals feature Theodore Roosevelt on the obverse and designs featuring a salmon, canvasback duck, bald eagle, and elk on the reverse.
Next, here is an example of the commemorative 1925 Lexington and Concord Half Dollar in the original wooden display box. Written on the box are a date, to, and from.
Last, an example of the 2009 Ultra High Relief Double Eagle graded NGC MS 70 with the Proof Like (PL) designation.
That’s it for the update. Have a great evening!
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