November 2009

‘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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Class Is Now In Session Good Day, Speculation early this morning was that U.S. employers likely have cut only 150,000 jobs in the month of October, a figure which would be the lowest in more than a year. The worst labor-market slump since the 1930s is now seen as possibly bottoming out, and the possibility [...]

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US Mint Lincoln Coin and ChroniclesThe 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.

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New York gold futures rose $2 on Thursday to mark a fourth day of gains. The US dollar failed to make serious inroads against other currencies following the Fed’s decision yesterday to keep interest rates unchanged. Silver gained a sliver. Platinum fell. In other markets, crude oil retreated for the first time in four days [...]

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Several numismatic news or coin blog articles are referenced on CoinNews two separate times a week. 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: Still popular in market [Walking Liberty half dollars] Steve Roach | Coin Values Walking [...]

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The latest batch of US Mint sales figures are out and jumping to the forefront are gold coins — both bullion and collector. The bullion Silver Eagles are moving along as well. The US Mint Set and Proof Set continue with strength, with the former smashing through the 500,000 barrier. These and other highlights follow: [...]

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The Chinese lunar calendar is known to be thousands of years old but they still use it today to mark special events and festivities. In fact, their system is known worldwide along with the twelve animals used to differentiate its cycles.

2010 Year of the Tiger Silver Coins
CLICK TO ENLARGE: 2010 Year of the Tiger Silver Coins: Gemstone, gilded and colorized versions

Said to signify the courage and competitiveness of a natural leader, the tiger is one of those twelve animals and is found on some of the newest releases from The Perth Mint. The 2010 Year of the Tiger Silver Coins feature a variety of options for the collector or gift giver.

Perhaps the most popular in this series will be the colored tiger silver coin. Struck from one ounce of 99.9% pure silver, the 1 dollar face value coin shows a lying tiger that has been colorized to its natural hues. To the left of the tiger is the Chinese character for the animal while underneath is the inscription ‘Year of the Tiger.’ The colored coin is available from the Perth Mint for $68.18 AUS and ships with a presentation case. It is limited to a mintage of 170,000 worldwide.

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New York gold futures reached a fresh all-time high on Wednesday after the Federal Reserve kept interest rates and its monetary policy unchanged, which helped push the US dollar lower and made the yellow metal more attractive. Silver and platinum followed along, as did crude oil. For a second straight day, US stocks closed mixed. [...]

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The United States Mint this week announced the deadline to order Braille Commemorative Silver Dollars. The legislation authorizing the coins stipulates that they can only be issued "during the 1-year period beginning January 1, 2009." On its online store, the US Mint has posted the following message:   The 2009 Louis Braille Bicentennial Silver Dollar [...]

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