Sunday, January 23, 2011

January 21, 2011: Numismatic Interview, Coin Show Security, Original U.S. Gold Coins

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

Welcome to Coin Update!

We’re back with one more round up of coin collecting news and articles to take you into the weekend! First, an interview with Daniel Carr to begin a series of numismatic interviews conducted by a new Coin Update contributor. Also, 2011 Proof Set sales figures, missing edge lettering, best secured coin shows, counterfeit coin detection, original gold coins, exonumia, the scope of a 2010 U.S. coin collection, gold and silver prices, and notable auctions. On to the links…

A new contributor for Coin Update News will conduct a series of interviews with figures in numismatics. The first interview is with Daniel Carr, who designed the New York and Rhode Island State Quarters and now operates Moonlight Mint.

The latest US Mint numismatic sales report shows that the recently released 2011 Proof Set has sold 253,144 units. This is below the initial sales levels for the prior two year’s sets.

PCGS has described the five categories of “missing edge lettering” that they will recognize for $1 coins, which includes weak, partial, and double lettering.

A listing of the best secured coin shows for 2010. From the article: “The single greatest risk to a dealer or collector is being followed after a coin show or event and leaving coins in an unintended vehicle.”

NGC’s Counterfeit Detection series features an 1875 Shield Nickel, which was a contemporary counterfeit struck to fool the general public in circulation.

Doug Winter describes what original U.S. gold coins look like, with accompanying illustrations.

A brief overview of the numismatic area known as exonumia, which includes tokens and commemorative medals.

Do you know what U.S. coin Jean Baptiste Charbonneau appears on? He was the infant depicted on the Sacagawea Dollar. This article has some historical information about Sacagawea and her child.

Did you realize that a complete collection of 2010 U.S. Coins would include more than 100 pieces and cost more than $18,000?

After a turbulent week, Patrick Heller describes how rule changes, backwardation, and rumors impacted gold and silver prices.

And now for some notable auctions. First, a visually impressive 58% clipped plancet error for a 1967 Washington Quarter.

Next a group of 100 1971-S 40% Silver Eisenhower Dollars. The coins are in their original mint sealed packs and have a starting bid less than silver value.

Last, the 1864 Indian Head Cent “with L” graded PCGS MS65RB with CAC sticker. The “L” which was added to the ribbon is for the coin’s designer James B. Longacre.

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

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