‘What’s In the News’ with Bob Van Ryzin starts off this week’s episode of Coin Chat Radio with information on the upcoming Lincoln Presidency Cent release from the US Mint. Details about the ceremony, to be held in Washington D.C. on the U.S. Capitol grounds, are given along with the locations of the two additional [...]
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The Government of the British Virgin Islands has approved the release of a new coin to celebrate the Centenary of Naval Aviation. CLICK TO ENLARGE: British Virgin Islands 2009 Centenary of Naval Aviation Coin On 7 May 1909, the Admiralty placed the first order for an aircraft specifically for use in military and naval operations. [...]
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The Lincoln Coin and Chronicles Set was issued by the US Mint on Oct. 15 and 50,000 promptly sold out within 30 hours.
While many collectors on release day experienced anguishing moments due to ordering hiccups at the hands of the Mint, they are smiling more these days.
The Lincoln coins are desirable, the set packaging attractive, and Mint came through with rapid shipping.
Better, and this never hurts, the sets are commanding more than double their $55.95 issue price in the secondary market.
An analysis (see chart below) of over 1,000 eBay auctions from Oct. 14 through Nov. 2 indicate that the quantity of sets sold is increasing, yet their premiums are remaining strong. The continuing demand has been a boon for sellers.
Read the rest of this numismatic news article »
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