Daily Archives: May 21, 2009
2009 Gold Proof Australian Sovereign from Perth Mint
The Perth Mint on Friday launched the 2009 Perth Mint Gold Proof Sovereign, a modern Australian version of a world famous coin. Struck in 22-carat gold and in proof quality for collectors, the newly introduced coin is to be issued annually with an extremely limited worldwide mintage of just 2,500.
The sovereign was a crucial component to the British commerce and banking system and has a history dating back to the 15th century. The Perth Mint was a part of that history, producing more than 100 million of the coins during the reigns of Queen Victoria, King Edward VII and King George V.
Gold Strides Above $950, Hits Two-Month High
Tyler Presidential $1 Coin Launched
Numismatic News: Counterfeit Pounds, Military and Collecting, Tyler "Accidency"
Lincoln Cent Rolls Hot, Braille Dollars Climb, Puerto Rico Quarter...
Lincoln Formative Year cents are on fire, UHR $20 gold coins are selling at a level pace, demand for Braille Bicentennial Dollars has picked up slightly, and Puerto Rico quarter sales are mixed.
The second redesigned 2009 Lincoln cent went on sale Thursday, May 14. By Sunday, a mind-blasting 200,055 of the two-roll sets were sold. (See 20 Million Lincoln Rail Splitter Pennies Sold.)
Although the public is happier with improved access to the new pennies, collectors are generally disappointed as US Mint sales continue with no apparent end in sight, making the cents far from "scarce." In the Log Cabin penny launch, the Mint concluded sales after 96,000 of the two-roll sets were sold. Then, more than one collector was taken aback by the unexpected stoppage. With this series, the Mint is in an apparent no-win situation.