Welcome to Coin Update!
We’re back to bring you a fresh round up of coin collecting news and articles from around the internet! First, the latest US Mint numismatic sales report provides the initial figures for the 2011 Proof Silver Eagle, which topped the numbers reported for last year’s release. Also, Direct Ship $1 Coin Program, upcoming trial for ten 1933 double eagles, BEP tour, Q. David Bowers, Australian holey dollars, precious metals IRAs, Ides of March silver denarius, online coin price guide review, and notable auctions. On to the links…
The debut sales figures for the 2011 Proof Silver Eagle were 367,623. Other recently released and sold out products are included on the latest US Mint sales report.
After the selection had dwindled to just two different designs, the US Mint has refreshed the selection of $1 coins available through the Direct Ship Program.
An excellent article from Doug Winter on the two types of coin collectors. “The collectors that I see who are the most successful are a hybrid of collector and investor.”
The Langbord trial, which will decide the fate of 10 1933 Double Eagles, will begin this week on July 7.
Information on the Bureau of Engraving and Printing tour in Fort Worth Texas. The article provides statistics on the Fort Worth plant’s production and some interesting money factoids.
A Hindu temple in India was discovered to contain $11.2 billion in jewels, coins and valuables. This separate article puts the value at $22 billion within the “lightly guarded” temple.
Q. David Bowers continues the recollection of his first ANA convention. The price appreciation for the coins mentioned after 57 years is astounding.
A record price of $485,000 was paid for one of the historic Australian holey dollars. It is one of the best preserved examples of the 300 remaining of its type.
SmartMoney has an article describing some of the basics of investing in precious metals through your Individual Retirement Account.
A discussion of the most famous ancient coin of all, stuck in 42 B.C. to mark the assassination of Julius Caesar.
Coined for Money provides a brief review of Numismaster’s online coin identification and price guides.
And now for some notable auctions. First, an auction for a 2008 James Monroe Presidential Dollar struck on a dime planchet. Back when the coins were first being released, there were articles about how the US Mint reportedly struck some examples on quarter planchets. None of those ever surfaced.
Well before the US Mint’s First Spouse Gold Coin Program, the Franklin Mint offered a series of silver medals featuring the First Ladies. Here is the complete set with a starting bid below melt value. Some of the obverse portraits bear a strong resemblance to the later gold series.
Last, the 2009 Ultra High Relief Double Eagle Gold Coin graded NGC MS 70 PL (Proof like).
That’s it for this update. See you next time!
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