September 2009

Coin Legislation on Capital BuildingCommemorative coins honoring the bicentennial writing of the Star-Spangled Banner are one step closer to becoming a reality. The U.S. House of Representatives on Wednesday passed its versions of the Star-Spangled Banner Commemorative Coin Act (H.R. 2097) by a roll call vote of 419 to 1, with 13 members absent.

H.R. 2097, like the Senate companion bill S. 653, would authorize the US Mint to strike up to 100,000 $5 gold coins and a maximum of 500,000 silver dollars that are “emblematic of the War of 1812 and particularly the Battle for Baltimore that formed the basis for the Star-Spangled Banner.” The coins would be minted in 2012.

Surcharges of $35 for each gold coin sale and $10 for each silver coin sale would be paid to the Maryland War of 1812 Bicentennial Commission for the purpose of supporting bicentennial activities.

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US Mint Sales Figures Image US Mint coin sales increased across the board, except for a few gold coin and roll stragglers that fell behind their previous pace. Proof sets and silver coins shined the brightest. And a couple of notable barriers were smashed to rubble.

Several sales highlights follow:

  • 2009 Lincoln Cent Proof Sets hurdled over the 100 thousand mark with less than two weeks on the sales block. Between their launch on Wednesday, Aug. 26, and Sunday, Sept. 6, a total of 101,758 were scooped up by collectors. 35,408 more were sold since the last report.

  • UHR $20 Double Eagles couldn’t surpass their prior weekly performance which was the highest in months with 4,110 new sales. But they did leap over 90,000 and added another 2,979. Coin dealers may have liked the new 25-coin order limit, but the recent UHR $50 price increase looks to have been a detraction. The gold piece was one of the few coins to show slippage this week.

  • As we predicted last week in a pure common sense call, the 18-coin clad 2009 Proof Sets passed 1 million. Numbers jumped an eye-brow raising 27,913 versus the prior 18,448.

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Gold slid slightly Wednesday after reaching an 18-month high on Tuesday. Profit taking was a cited catalyst. Silver slipped as well while platinum edged higher along with black gold, oil. US stocks climbed, with the Nasdaq and S&P 500 hitting 2009 highs. New York precious metals figures follow: Silver for December delivery lost 4 cents, [...]

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        The Summer Sunset Collection DLRC Internet Auction #412 is now accepting bids for the over 1,100 lots offered in the Summer Sunset Collection. This sale will run for two weeks with the bidding ending the evening of Monday, September 21 between 8-11 pm EST. DLRC Auctions has special financing available and welcomes trade-ins. This massive [...]

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US Mint Video Describing New Quarters The United States Mint today announced the design themes for the next 56 US quarters and the massive commemorative silver bullion coins that will be issued between 2010 to 2021. It also formerly introduced the name of the new series, calling it the United States Mint America the Beautiful [...]

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A falling U.S. dollar drove commodities higher as gold reached an 18-month high and closed just shy of $1,000 an ounce. Silver topped $16.50 an ounce, platinum cruised toward $1,300 and oil traded above $71 a barrel. U.S. stocks ticked higher as well. New York precious metals figures follow: Silver for December delivery gained another [...]

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The US Mint began selling American Samoa Quarter Official First Day Coin Covers Wednesday, Sept. 8, at noon ET for $14.95, plus $4.95 for standard shipping and handling. The limited 20,000 edition cover includes two American Samoa quarters struck on the first day the coins were minted. One quarter-dollar is from the Mint’s Denver facility [...]

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Four numismatic news or coin blog articles are referenced on CoinNews every Tuesday and Thursday. These articles are not authored by us, but we recommend coin collectors read them for their unusual or interesting content. Here are today’s coin articles: Modern commems soar Steve Roach | Coin Values The modern commemorative coin market is an [...]

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The Perth Mint has unveiled its 2010 Silver Bullion Coin Program. Recognized throughout the world for their superior quality, superb artistry and Government guarantee of weight and purity, these magnificent pure silver coins are welcomed annually by both investors and collectors.

2010 Australian Silver Bullion Coins: Kookaburra, Koala, Lunar Tiger

The Mint’s 2010 offerings include: Australian Kookaburra Silver Coin Series, Australian Koala Silver Coin Series and the Australian Lunar Silver Coin Series. Each coin is composed of 99.9% pure silver with its purity and weight guaranteed by the Australian Government. Additionally, these coins are considered legal tender under the Australian Currency Act of 1965.

The following described silver coins will be available worldwide through The Perth Mint Web site, or through its authorized distributors and coin dealers:

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"What’s In the News" with host Bob Van Ryzin’s starts of this week’s episode of Coin Chat Radio with information on the 2010 American Veterans Disabled for Life Commemorative Silver Dollar Designs. The obverse or heads side of each coin will contain an image of the legs and boots of three veterans, including an amputee, [...]

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