Coin News: Lincoln’s Year, Eagle Values, Cleaned Coins, Three Cent Piece

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:

Year of Lincoln nears its end
Dave Harper | Buzz with Dave Harper

"Lincoln’s on the front page again," colleague Debbie Bradley declared as we were wrapping up work yesterday on Numismatic News. "It’s the year of Lincoln," I replied. Indeed it is, but 2009 is now in its final calendar quarter. While it is not time to actually start winding down with Lincoln stories, it is time to start thinking about …

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American Eagle $1 stuns
Steve Roach | Coin Values

Gold’s recent ascension above the $1,000 an ounce level, and silver’s jump to $17 an ounce has brought mainstream attention to the bullion markets. This traditionally has sparked an interest in American Eagle gold and silver coins. Proof American Eagle coins have been of particular interest at the wholesale level, with major dealers paying …

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Why Cleaned Coins Can’t Be Uncleaned
NGC

When submitters learn that their coins have been denied a numeric grade by NGC due to Improper Cleaning, they will sometimes ask whether NCS can "unclean" the coins. To an inexperienced collector, this may seem like a perfectly legitimate request, but veterans know that cleaning cannot be undone. It can be (and often is) hidden beneath toning, whether that toning developed naturally or is induced specifically to …

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From Trime to Trickle : Three Cent Piece Considered Oddity
R.W. Julian | Numismatic News

Three-cent pieces, whether of silver or copper-nickel, have always been considered as something of an oddity. The value does not fit neatly into the nation’s decimal system of money and was heavily used for only a few years in both cases. The first three-cent piece, of silver, arose from an event in far off California. In January 1848 James Marshall discovered gold at the huge Sutter ranch, creating the famed gold rush of 1848. Coupled with equally massive discoveries in Australia shortly afterward, the world markets were soon awash in gold bullion and coins. It had the unexpected effect of raising the price of silver, which …

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