Welcome to Coin Update!
We’re back for another round up of coin collecting news and articles from around the internet! In the course of the past few days, the price of gold has soared, with impacts for modern numismatic gold products and early rare gold coins. Also, comparing the recent performance of gold and silver prices, Philadelphia Mint visitor center renovations, ancient coin collecting, World’s Fair of Money, rare Chinese coin, strike and eye appeal, the latest US Mint numismatic sales report, and notable auctions. On to the links…
The recent surge in gold prices brought the prices of some current US Mint numismatic gold products close to the prices of their bullion equivalents. Note: a day after the post, the sales of most gold products were suspended.
Doug Winter with some thoughts on how $2,000 per ounce gold might impact the rare gold coin market.
Patrick Heller has some commentary on the recent turmoil in financial markets and the reactions of gold and silver prices.
In October, construction will begin for renovations at the Philadelphia Mint visitors center, which will include new and revitalized exhibits.
A hoard of 100 ancient coins discovered by metal detectorists could prove that Romans controlled more of the UK than currently believed.
Some precautions and recommendations for ancient coin collectors to keep in mind when making purchases.
The United States Mint will attend the ANA World’s Fair of Money from August 16-20. A variety of numismatic products will be available for sale at their booth.
Heritage will auction one of China’s rarest coins, which has only two pieces known. The coin will be offered at the Long Beach Signature Auction in September and is expected to bring more than $1 million.
A discussion of how strike and eye appeal came to be important factors in determining a coin’s grade.
The latest US Mint numismatic sales report, which shows gains for nearly all gold products.
And now for some notable auctions. First, an auction for the three lowest mintage Proof First Spouse Gold Coins. These are the issues featuring Julia Tyler, Margaret Taylor, and Jane Pierce.
Next, a group of 60 assorted Peace Silver Dollars, listed on the basis of their 90% silver content.
Last, the 1935 Hudson Sesquicentennial Half Dollar PCGS MS64. This low mintage early commemorative has an obverse design featuring Neptune sitting backwards on a whale with a mermaid in the background.
That’s it for the update. See you next time!
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