Welcome to Coin Update!
We’re back with another round up of coin collecting news and articles from around the internet! First, some information on the distribution of the 2011 America the Beautiful Silver Bullion Coins. Also, silver values for US Mint coin sets, Chicago International Coin Fair, profitable US Mint products, Chinese counterfeits seized, Mint of Finland, Glenna Goodacre donation, medieval European coinage, gold prices, coin grading policies, and notable auctions. On to the links…
The United States Mint will begin accepting orders from authorized purchasers for the first two 2011 America the Beautiful Silver Bullion coins on Monday. Several authorized purchasers plan to make the coins available for sale directly to the public in retail level transactions.
Mint News Blog provides calculations of the silver melt values for modern era Proof Sets and Mint Sets.
Numismatic News has coverage of the Chicago International Coin Fair (CICF) held April 14-17, with impressions from dealers who attended.
Some recent US Mint products that could have been flipped for quick profits would have generated even more substantial profits if held for a longer period.
A shipment of counterfeit Trade Dollars from China was seized by U.S. customs agents. The coins were brass with a thin silver plating.
The Mint of Finland has acquired Saxonia Eurocoin GmbH, the biggest coin-blank manufacturer in the Eurozone.
Glenna Goodacre donated 17 items from the preliminary work on her design for the Sacagawea Dollar to the Smithsonian Institution’s National Numismatic Collection.
CoinsWeekly has an article on the Fitzwilliam Museum, which features an important collection of medieval Europoean coinage.
Many news articles have described the current “gold rush,” at least in part, as a rush to sell at pawnshops and other cash for gold operations. Here’s one from MailOnline and another from Erie Times News.
An analyst for Morningstar sees lower prices for gold in the longer-term. The firm lowered its 2014 forecast to $1,200 per ounce.
Michael Bugeja discusses some questionable policies of coin grading firms PCGS and NGC with responses from corporate executives.
And now for some notable auctions. First, the 1997 Impressions of Liberty Set, which includes the one ounce Gold Eagle, Silver Eagle, and Platinum Eagle. The sets were individually numbered and limited to 5,000 units.
Next, to go with one of today’s articles, here’s an auction for the 1999-2011 Silver Proof Sets.
Last, the picture is blurry, but here is a 1925 Lexington Concord Half Dollar commemorative coin in the original wooden box.
That’s it for this update. Have a great weekend!
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