Thursday, September 8, 2011

September 7, 2011: Numismatic Gold Coins, Disliked U.S. Coin Series, Platinum Price

Coins and Coin Collecting | News, Articles, and Information | Coin ...

Welcome to Coin Update!

We’re back to bring you another round up of coin collecting news and articles from around the internet! First, the US Mint resumes sales for gold products at higher prices and provides details for the next numismatic ATB five ounce silver coin. Also, the latest US Mint sales report, the impact of the Mint’s coin pricing methodology, gold and silver prices, FRB $1 coin hoard, change to ANA bylaws, disliked U.S. coin series, large cent collection by date, platinum prices, metal detecting after Irene, and notable auctions. On to the links…

Mint News Blog on the resumption of previously suspended numismatic gold coins and the upcoming offering of 2010-P Gettysburg Five Ounce Silver Uncirculated Coins.

The latest numismatic product sales report shows stronger sales for gold products, despite being under suspension for most of the reporting period.

On that note, it might be time to revamp the US Mint’s coin pricing system.

Are collectors being distracted by the wide fluctuations in the prices of gold and silver? Dave Harper thinks collectors should ignore the frenzy and stick to their goals.

The Baltimore Sun covers the stockpile of $1 coins at the Federal Reserve Bank of Richmond’s Baltimore branch. They recap some of the recent arguments and developments in the $1 coin story.

Doug Winter discusses some rare gold coins that were once difficult to sell that have now become popular.

A change to the American Numismatic Association bylaws will lower the voting age from 18 to 13 years of age.

A look at some of the most disliked U.S. coins, including the 1793 Chain Cent, Trade Dollar, and Susan B. Anthony Dollar. These unloved series are now appreciated by some collectors.

Coin Rarities & Related Topics covers the upcoming auction for Al Boka’s collection of large cents by date. This will be part of Heritage’s auction for the Long Beach Expo.

With the price of gold near an all time high, there is a continuing frenzy to sell gold to raise cash during tough economic times.

A post on platinum with thoughts on its potential outlook in relation to gold and silver.

The metal detector search for jewelry and coins following on the beaches around New York city following Hurricane Irene.

And now for some notable auctions. First, an auction for the 2009-W, 2010-W, and 2011-W Proof Platinum Eagles, with all coins graded NGC PF 70 Ultra Cameo.

Next, a 1966 Lincoln Cent struck on a dime planchet. The mint error is graded PCGS MS65.

Last, a set of all five of the 2011 America the Beautiful Silver Bullion Coins.

That’s it for the update. Have a great evening!

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