Monday, May 16, 2011

May 13, 2011: Numismatic Five Ounce Silver Sold Out, CAC Submissions, Errors vs Varieties

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

Welcome to Coin Update!

We’re back to bring you another fresh round up of coin collecting news and articles from a variety of sources around the internet! First, the sell out of the numismatic Hot Spring 5 oz. Silver Coins, after two weeks of availability. Also, circulating coin production, 2011 ATB silver bullion sales, CAC submission, Silver Philharmonic sales, EAC convention report, the “EB” Brasher Doubloon, errors and varieties, wheat cent comes home, coin-related TV, Royal Wedding coin designer, and notable auctions. On to the links…

A waiting list has finally been implemented for the 2010-P Hot Springs National Park Five Ounce Silver Uncirculated Coin. The mintage of 27,000 was widely expected to sell out within a few days, but the drop in silver likely put off some prospective buyers.

Monthly circulating coin production at the US Mint rose to its highest level since January. More than 2.4 billion coins have been struck for the year to date.

The 2011-dated America the Beautiful Silver Bullion Coins are being distributed, priced, and sold like bullion. The unusually low mintages for the 2010-dated coins had resulted in restricted distribution and more expensive secondary market prices.

Coingrader Capsule continues the series on Certified Acceptance Corporation (CAC), a company which awards a green sticker for PCGS and NGC graded coins which meet their quality standards.

The Austrian Mint expects to produce 15 million of the one ounce Silver Philharmonic bullion coins. This is up about 36% from the prior year.

A road report from the Early American Coppers Convention held on Portland, Oregon.

The story of the first bank robbery in America, which took place in 1798 and involved the sum of $162,821 ($2.9 million today).

A PCGS video on the Brasher EB-on-Breast Doubloon, the “first truly American coin.”

What’s the different between an error and a variety?

Numismatic News editor Dave Harper helps to bring home a 1918 Lincoln Cent, which was received in change halfway around the world.

The CoinsWeekly article of the week, discusses the development of the monetary system under Rama IV from “Pot Duang” to flat coins.

This CoinWorld article recounts some coin-related television show episodes. How many of these have you watched?

An interview with Mark Richards, the designer of the Royal Wedding Coin issued for the marriage of Prince William and Kate Middleton.

And now for some notable auctions. First, a group of 14 Carson City Morgan Dollars, dated 1882-1884. The coins are in the plastic GSA holders, but lack the boxes and paperwork.

Next, a 1966 Lincoln Cent struck on a clad dime planchet. The mint error is authenticated by PCGS and graded MS65.

Last, the 1995 10th Anniversary Gold and Silver Eagle Set in original US Mint packaging offered with no reserve.

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

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