Saturday, May 28, 2011

May 27, 2011: Silver Eagle Production, Commemorative Coins, 2012 Infantry Silver Dollars

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Welcome to Coin Update!

We’re back with one more round up of coin collecting news ahead of the holiday weekend! First, the US Mint will begin distributing American Silver Eagle bullion coins produced at the San Francisco Mint facility, although the coins will not carry a mint mark. Also, new Coingrader Capsule, commemorative coin overview, Ulysses S. Grant Dollar launch ceremony, subjective coin grading, BEP security deficiencies, New Zealand silver coin set, gold double eagles, 2012 Infantry Silver Dollar designs, and notable auctions. On to the links…

Starting May 31, the US Mint will start taking orders for Silver Eagle bullion coins struck at the San Francisco Mint. While the additional production may help satisfy some of the unmet demand, there may be some unintended consequences.

The latest Coingrader Capsule reveals the results of a CAC submission.

An overview of the early commemorative coins and the start of the modern commemorative coins of the United States.

Harvey G. Stack and Lawrence R. Stack will rejoin Stack’s Bowers Galleries following a two year hiatus from numismatics.

Local news coverage of the recent launch ceremony held for the Ulysses S. Grant Presidential Dollar. Almost 500 people attended despite the rainy weather.

F. Michael Fazzari discusses the subjective nature of coin grading and one particular nuance that has perplexed him.

A news video and accompanying article about a car crash, which scattered $1 million worth of rare coins across the median.

An audit conducted at the Bureau of Engraving and Printing revealed deficiencies in the storage of the new $100 notes.

To celebrate the twenty year anniversary of New Zealand’s switch to gold colored $1 and $2 coins, a limited edition set of the five currency coins minted in silver will be released.

Is there such a thing as “common gold”? Jim Halperin, the Co-Chairman of Heritage, tells about the first double eagle he ever purchased.

A sneak peak at the leading design candidates for the upcoming 2012 Infantry Commemorative Silver Dollar.

And now for some notable auctions. First, a collection of Major U.S. Coin Types, which includes 74 different coins from half cents to dollars in a Dansco album.

Next, a large group of Silver Eisenhower Dollars and related sets in original packaging, which contains $55 face value in 40% silver.

Last, a 2009 Native American Dollar double error. The coin has been double struck in collar and is missing the edge lettering.

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

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