We’re back with another round up of coin collecting news and articles from across the internet! First, legislation has been introduced which will bring an abrupt end to the Presidential Dollars and the US Mint has modified the Direct Ship Program. Also, coin store security, two rare Eisenhower Dollars, WSJ on coins and banknotes, discussions of the 1933 gold double eagle verdict, returns for gold and silver, UFWC silver coin in space, and notable auctions. On to the links…
Two bills have been introduced in Congress which would terminate the Presidential $1 Coin Program. The legislation follows NPR’s highly publicized reports on the hoard of more than one billion $1 coins.
The US Mint has closed the loophole in the Direct Ship $1 Coin program that allowed frequent fliers to rack up miles for free. This is likely in response to the recent round of high profile articles highlighting abuses of the program. See the new instructions for the program on the US Mint’s website.
A description of the many security features and protocols for the Salt Lake City coin shop All About Coins.
A collector recently obtained a 1973-S Eisenhower Dollar stuck on a copper-nickel clad planchet form a bank at face value. This coin should have been struck in 40% silver and represents only the second wrong planchet error identified for the issue.
PCGS provides information on a unique 1976 Eisenhower Dollar. It is a Type 2, struck in proof, without the “S” mintmark.
The Wall Street Journal has a weekend article on some the high auction prices realized during the first half of the year for Islamic and Asian coins and banknotes.
An article discussing advanced rare coin collecting, which includes collecting by die variety, die state, toning, and ancillary objects.
CoinWorld recaps the recent verdict that ten 1933 double eagles belong to the government. Some reactions are provided by the government’s lead attorney and numismatic expert.
A response to the verdict from Coin Collector’s Blog entitled “Do You Feel Vindicated?”
Coverage of the verdict from the Sacramento Bee. Legal insight into how the government won the case and a possible avenue for appeal.
David L. Ganz provides some interesting figures on the returns for gold and silver for various time periods.
Reuters reports on Asian investors stricken by gold fever.
One of the United Future World Currency’s silver coins spent 159 days in space, as Italian astronaut Paolo Nespoli took the coin on a mission to the International Space Station.
And now for some notable auctions. First, a lot of ten 2007-W Uncirculated $5 Gold Eagles graded NGC MS 70 Early Releases. These are the lower mintage collectible uncirculated versions of the coins.
Next, a collection of 1998, 1999, and 2000 “Wide AM” Lincoln Cents, each graded NGC MS 65 RD.
Last, the 2009-W Proof Julia Tyler First Spouse Gold Coin.
That’s it for the update. Have a great weekend!
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