We’re back to bring you one final round up of coin collecting news and articles before the weekend break! First, the conclusion to the article series exploring CAC, which awards a green sticker for PCGS and NGC graded coins that meet its standards. Also, the numismatic trend towards quality, US Mint circulating coin production, 1974 aluminum cents, commemorative coin denominations, new Bullion Express stores open, rare gold coins on a budget, Coin Conference review, 2011 Proof Silver Eagles, and notable auctions. On to the links…
The final installment in Coingrader Capsule’s series on Certified Acceptance Corporation (CAC) tells about a situation where the green sticker helped identify a counterfeit.
An article on the numismatic trend towards quality covers the early days of PCGS and NGC, “gradeflation”, the founding of CAC, and the advent of plus grading.
The US Mint’s monthly circulating coin production rose to the highest level in almost a year, although the vast majority of coins struck were cents, nickels, and dimes.
Information and background on the 1974 aluminum cent. Although 14 pieces may have escaped melting, only one example is confirmed to exist in public hands and a second is held by the Smithsonian Institution.
Should the template of U.S. commemorative coin programs be altered to counteract the impact of higher gold and silver prices.
DGSE Companies, Inc. has opened its first two Bullion Express locations. The stores provide immediate delivery for bullion products as well as purchase precious metals products.
Doug Winter explores some possible areas to pursue in rare date gold coins for collectors on a budget of $1,000 to $2,000 per coin.
CoinWorld provides coverage of separate trials involving sunken treasure for the SS Central America and the code named “Black Swan” found by Odyssey Marine Exploration.
Another report following the Long Beach Coin & Collectibles Expo.
A review of the recently concluded Coin Conference, which focsed on the challenges and issues related to circulating coins and currency management strategies. Specific to the United States, a former member of the Federal Reserve Board spoke about the “dark side of seigniorage,” citing the cost of producing and storing dollar coins that the public “does not appear to want.”
Some preliminary details on the 2011 Proof Silver Eagles, which are scheduled to go on sale at the US Mint on June 30, 2011.
And now for some notable auctions. First, a 1907 High Relief Saint Gaudens Double Eagle graded NGC MS 65. The classic rarity is listed with no reserve.
Next, a complete 1950-1963 Proof Franklin Half Dollar Set housed in a red Capital Plastics holder.
Last, a visually dramatic Lincoln Cent Error with a flip over, double strike, and 20% indent. The coin is authenticated by PCGS and graded MS67RD.
Before signing off for the weekend, I wanted to mention that I have been using Twitter as @coinnetwork (the name of a coin collecting social network that I started). I am still figuring out the best way to utilize this, but for now, I will post links to new articles as soon as they are published and sometimes provide snipits of information as soon as they are available. The current background image for my twitter page is the same as today’s coin image, which is one of the favorites from my personal coin collection.
On that note, happy collecting and have a great weekend!
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