Saturday, August 6, 2011

August 6, 2011: 2011-W Silver Eagle, Gold and Silver Bullion Sales, World’s Fair of Money

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Welcome to Coin Update!

We’re back with another round up of coin collecting news and articles from across the internet! To start, a release date for a second collectible version of the 2011 American Silver Eagle. Also, US Mint bullion sales figures, sales by design for the 2011 ATB silver bullion coins, interview with a new member of the CCAC, several articles on the 1933 double eagles, the coins that got away, ANA World’s Fair of Money, world coin market, gold bubble, closing the gold window, Patrick Heller commentary, and notable auctions. On to the links…

The United States Mint has scheduled a release date for the 2011-W Uncirculated Silver Eagle. The collectible uncirculated version makes a come back, following two years of cancellation.

A report on the US Mint’s gold and silver bullion sales for the month of July 2011. A separate breakdown of sales by design for the 2011 America the Beautiful Silver Bullion Coins.

Michael Bugeja was recently sworn in as the newest member of the Citizens Coinage Advisory Committee. Here’s an interview where he discusses his collecting experiences and impressions on the US Mint and CCAC.

David L. Ganz provides some history on the 1933 double eagle before discussing some aspects of the Langbord trial.

Two articles from CoinWorld on the 1933 double eagles with lessons to be learned and a call to assure the preservation and safety of the ten Langbord coins.

An article about the “big coin that got away“.

An overview of what goes on at the ANA World’s Fair of Money. This year, the convention will be held August 16-20 in Rosemont, Illinois.

NGC will host two exhibits at the ANA convention– the number-one ranked set of Morgan Dollars and a collection of Latin American rarities.

A cautionary tale from the mid-1980′s about coins that looked too good to be true and turned out to be counterfeit.

Some differences between the U.S. coin market and world coin market, and a look at some recent popular issues.

Is gold in a bubble? This article suggests that although many people are interested in owning gold, relatively few actually buy it. “It’s a bubble in interest, not in owning.”

BusinessWeek on how Nixon stopped backing the dollar with gold.

Patrick Heller’s latest article– now that the debt ceiling has been raised, who will loan the U.S. government $2+ trillion?

And now for some notable auctions. To go with one of today’s articles, here’s an auction for the 2006-W, 2007-W, 2008-W Uncirculated Silver Eagles. These are the previous three years that the collector version of the coin has been produced.

Next, the 1998 Kennedy Collector’s Set with the Robert F. Kennedy Silver Dollar and a special matte finish version of the 1998-S John F. Kennedy Half Dollar. This set has all of the original packaging, including the US Mint shipping box.

Last, the proof version of the 2008-W Andrew Jackson’s Liberty $10 Gold Coin, again with all original packaging including shipping box.

That’s it for another update. Have a great weekend!

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