Coin News, Numismatic Articles, Videos & Coin Collector Services
Friday - July 3 - 2009
Three Recently 'Featured' News Articles
UK 20p Undated Error Coins Commanding Huge Premiums
News of an error in UK’s Royal Mint 20 pence coin (20p) blasted through the media this week, creating an intensified fervor in collectors trying to find and buy the coins.
Prices for the coin, which have a face value of about 33 cents US, have shot up with auction bidding reaching as high as several hundred dollars. (See current eBay auctions.)
According to reports, the Mint issued tens of thousands "year-less" 20p coins toward the end of 2008.
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Historic 1854-S Quarter Eagle Highlights Heritage August LA Rare Coins Auction
DALLAS, TX – Legends of TV and film will surrender the Hollywood spotlight for a night when a different kind of American star takes to the podium at the Hyatt Regency Century Plaza in Beverly Hills: A historic 1854-S quarter eagle, graded VF35 NGC, will lead the Platinum Night offerings of Heritage Auction Galleries’ August 2009 Los Angeles U.S. Coin Auction, July 31-Aug. 2.
"This coin is truly a legendary rarity," said Greg Rohan, President of Heritage, "and one of just a dozen known survivors from the first quarter eagle issue produced by the San Francisco Mint. In Heritage’s in-house condition census of the surviving 12, this example is rated fifth overall."
Just 246 examples of the 1854-S quarter eagle were struck since the San Francisco Mint focused on making larger denominations such as the eagle and double eagle, and the relative "small change" denomination of the gold dollar, leaving the quarter eagle and half eagle relatively neglected.
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Bowers and Merena Auctions: 1870 $100 National Gold Note Highlights Currency in Official ANA Auction
(Irvine, California) — More than 500 U.S. and world bank notes will be offered in the Official Auction of the American Numismatic Association World’s Fair of Money® conducted by Bowers and Merena Auctions at the Los Angeles Convention Center and online, August 2 – 8, 2009.
One of the many highlights is an 1870 $100 Gold National Bank Note, San Francisco Charter #1741, The First National Gold Bank (Fr. 1162), graded PMG Fine 12 Net (restorations).
"This classic rarity is one of only eight notes of this type in private hands, and one of three of this Friedberg number. Those others are in strong hands and not likely to become available in the foreseeable future.
In fact, only three examples have been offered for public sale in the last decade and the latest example, nearly identical to this one, sold for $258,700 in 2007," said Steve Deeds, President of Bowers and Merena (www.BowersandMerena.com).
"With collectors holding tightly to the others, we’re not sure when there will be another opportunity to acquire such a rare and elusive note."
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News at Sister Web Sites of CoinNews
Lincoln Rail Splitter Cents Reach 27.6M in June - 2009 Lincoln Pennies
Silver Coin Demand Fluid - Silver Coins Today
Sales Mixed for First Spouse Coins - First Spouse Coins
2009 Australian Koala Silver Coin - Silver Coins Today
Eagle Sales Decline for Second Week - Coin Sales Figures
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