We’re back for one more round up of coin collecting news and articles before the weekend break! To start, further details on the Federal Reserve Banks $1 coin hoard, recommendations for legislative action, and reactions from some members of Congress. Also, Coingrader Capsule on whizzing, the 1933 double eagle trial continues, Baseball Hall of Fame commemorative coins proposed, considering Roosevelt Dimes, Mark Salzberg interview, coin video news, the rising price of gold, ANA World’s Fair of Money preview, and notable auctions. On to the links…
A recently issued report from the Board of Governors of the Federal Reserve System provided details on the growing hoard of $1 coin and the related costs. If recommended actions are taken, the Presidential and Native American Dollars series would be in for some changes.
In response to the stockpile of $1 coins, three Senators have written to the Fed Chairman and Acting Director of the US Mint seeking answers. A Congresswoman has indicated that she will introduce a bill calling for an immediate halt to the production of all dollar coins.
The latest Coingrader Capsule shows some examples of whizzing, which constitutes numismatic malpractice.
CoinWorld’s continued coverage of the trial for the ownership of the ten 1933 double eagles for July 14 and July 15.
The Washington Post reports on a new bill seeking commemorative coins for the 75th anniversary of the Baseball Hall of Fame. With already 294 cosponsors, it seems likely that the bill will pass.
Numismatic News discusses the disturbing trend of increasing coin thefts and robberies.
Dave Harper discusses the current Roosevelt Dime series. It has grown in importance as a circulating coin, but hasn’t captured the attention of collectors.
An interesting and revealing interview with Mark Salzberg, the Chairman of NGC. He candidly discusses many important and controversial aspects of coin grading.
CoinWeek has some video interviews from the recently held Summer FUN convention. See the five latest entries in their video news section.
The price of gold has risen for nine straight trading days, adding nearly $108 per ounce.
TheStreet.com has coverage of a recent exchange between Ron Paul and Ben Bernanke regarding gold. The internet has seized on the response to the question, “Do you think gold is money?”
A preview of some of the events and exhibits at the ANA World’s Fair of Money in Chicago. The bourse will be the largest of any in ANA history.
And now for some notable auctions. First, here is an unopened box of 100 2007-W American Silver Eagles. These are the collectible uncirculated versions, which have a much lower mintage than the bullion versions.
To go with one of today’s articles, here is an auction for a collection of 1950-1964 Proof Roosevelt Dimes.
Last, the 2008-W Uncirculated Gold Buffalo Four Coin Set, with all coins graded NGC MS 70.
That’s it for another update. Have a great weekend!
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