We’re here to bring you another round up of coin collecting news and articles from across the internet! First, updated production figures for US Mint circulating coins. Also, a new member for the Citizens Coinage Advisory Committee, higher silver prices, French Mint gold coin, destroying money, coin theft, coin market reports, ANA election candidates, Adolph A. Weinman’s coin designs, coin and bullion tax rates, and notable auctions. On to the links…
US Mint circulating coin production figures are available for March 2011. The newly available figures also include the preliminary mintage for Glacier National Park Quarters.
Erik N. Jansen has been appointed to the Citizens Coinage Advisory Committee. According to the press release, he is the CEO and co-founder of a medal device firm and a life long coin collector with a deep knowledge of coinage.
The higher price of silver has created a run on silver. One of the dealer quotes puts it a bit more mildly, stating, “I am seeing buyers and sellers, but buyers are far more numerous.”
The French Mint will issue a 1,000 euro face value gold coin later this year. With a mintage of 10,000 coins, the issue has already sold out.
The Atlantic describes how money gets destroyed, both electronically and physically. The article includes information on the average life span for each bill.
An auction consignment worth at least six figures was stolen from Western Auction. Coin Update readers are asked to help if they come across any of the coins offered for sale.
CoinWeek has coin market and show reports from Legend Numismatics and the Rare Coin Road Warrior.
Eleven have qualified for the American Numismatic Association election. See a list of the candidates on CoinWorld.com.
An article in the PCGS Library discusses Adolph A. Weinman, designer of the Walking Liberty Half Dollar and Mercury Dime, with input from his son.
It’s tax time. Is the fact that coins and bullion carry a long term capital gains tax rate of 28% (compared to 15% for stocks) unfair?
And now for some notable auction. First, a collection of nine GSA Carson City Morgan Dollars, including the dates 1878, 1880, 1881, 1882, 1883, 1884, 1885, 1890, and 1891.
Next, a group of 25 2009 DC & US Territories Silver Proof Sets. Each set includes 1.08504 troy ounces of silver.
That’s it for another update. Have a great evening!
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