We’re back after the weekend break with another fresh round up of coin collecting news from around the internet! First, several authorized purchasers have begun selling their allocations of 2010 America the Beautiful Silver Bullion Coins. Also, the San Francisco Mint will strike Silver Eagles, 2010 Native American Dollar launch ceremony, Royal Canadian Mint, precious metals and coins, 1992 “Close AM” Lincoln Cent variety, the “coin deal of the decade,” 2011 quarter launch ceremonies, and notable auctions. On to the links…
Three of the US Mint’s authorized purchasers recently made their 2010 ATB Silver Bullion Coins available for purchase through relatively more accessible methods. Two out of the three are currently sold out.
The San Francisco Mint is expected to begin production of Silver Eagle bullion coins in May. For more than a decade, the coins have only been struck at the West Point Mint.
Coverage of the launch ceremony for the 2011 Native American Dollar. It was standing room only at the Plimoth Plantation visitor center.
The head of the Royal Canadian Mint was reappointed to a new three year term. During his previous term, the RCM achieved “dazzling profits,” but lost track of $15.3 million in gold.
For those looking to add precious metals, Harry Miller suggests buying coins where intrinsic value has increased to the point where premiums have nearly disappeared. This may provide a floor to your investment based on numismatic value.
A fourth example of the 1992 “Close AM” Lincoln Cent has been discovered. The coin, with a potential value of $5,000, was found while searching rolls of cents obtained from a bank.
Steve Roach observes that there is a shortage of “great and fresh objects” in both the rare coin and high-end art markets.
On that note, Legend Numismatics has just announced the “deal of the decade,” purchasing some incredible rarities that have been off the market for many years.
Launch ceremonies for the next two releases of the America the Beautiful Quarters Program have been scheduled.
And now for some notable auctions. First, the 1937-D 3 Legged Buffalo Nickel, graded PCGS AU58.
Next, a group of 37 Morgan Dollars in old PCGS rattler holders. The coins are graded MS63, MS64, or MS65. Close up pictures are included with the listing.
That’s it for this update. Have a great evening!
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