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Coin News Today
Last updated on Sat, 04 Jul 2009 at 2:01:09 pm
Letitia Tyler First Spouse Gold Coins Released | | CoinNews.net Fri, 3 Jul 2009 |
The US Mint on Thursday launched the 2009 Letitia Tyler First Spouse Gold Coins. The 24-karat, $10 denominated commemoratives are available in two options — proof for the price of $629 and uncirculated for $616. A bronze medal bearing a likeness of the gold coins is also available for $3.50.

The coins are the tenth in a series and the second issued in 2009 to honor American First Ladies.
Having suffered a stroke two years prior to her husband becoming President in 1841 (due to the death of President William Henry Harrison), Letitia Tyler assumed all but the ceremonial duties of First Lady — at least for a short several months. Letitia suffered another stroke in 1842, and passed away peacefully on September 10 at the age of 51.
(...) Read the rest of Letitia Tyler First Spouse Gold Coins Released (226 words)
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Gold, Oil, and Stocks Fall on US Jobs Data | | CoinNews.net Thu, 2 Jul 2009 |
Following news Thursday of a bigger-than-expected dip in U.S. jobs and an unemployment rate increase to 9.5 percent, gold fell toward $930 an ounce, oil plunged to a one-month low and U.S. stocks tumbled.
In New York trading futures for bullion:
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Silver for September delivery declined 35.2 cents, or 2.6 percent, to 13.408 an ounce.
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Gold for August delivery fell $10.30, or 1.1 percent, to $931.00 an ounce.
- October platinum lost $11.80, or 1.0 percent, to $1,193.30 an ounce.
(...) Read the rest of Gold, Oil, and Stocks Fall on US Jobs Data (348 words)
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Desirable, Appealing Ancients and World Coins & Paper Money in Official ANA Auction | | CoinNews.net Thu, 2 Jul 2009 |
(Irvine, California) — A wide selection of rare ancient and world coins will be offered in Bowers and Merena’s Official Auction of the American Numismatic Association World’s Fair of Money® at the Los Angeles Convention Center and online, August 2-8, 2009. Ponterio & Associates, Inc., a division of Bowers and Merena, will present the world sessions on Saturday, August 8.

One of the many highlights among the over 1,300 lots of desirable and appealing world coins is a Japanese undated (1860-1862) Manen oban (10 Ryo, 112.26 gms) with security edge (Fr. 7; JNDA-09-11; C24a2) in Extremely Fine condition.
(...) Read the rest of Desirable, Appealing Ancients and World Coins & Paper Money in Official ANA Auction (641 words)
© Ponterio & Associates, Inc. for Coin News, 2009. |
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US Mint Sales Figures: 2009 Proof Sets Surge, Pennies Rise | | CoinNews.net Thu, 2 Jul 2009 |
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Standing out in the latest batch of US Mint sales figures is an eyebrow raising increase for the 18-coin clad 2009 Proof Set.
After a double-take, the numbers were verified as true. Another 106,987 were purchased during the prior seven days ending on Sunday.
The new total stands at an impressive 684,412 sold in the first 28 days. The increase was the best ever, with the exception of launch week. Why the jump? Look to Mint marketing. Postcards advertising the sets hit collector mailboxes en masse last week, reminding the public to buy. They did.
Demand for the 2009 Lincoln Formative Years cents had softened of late. While nothing to scream home about, sales of the two-roll sets actually climbed a smidgen last week. 8,704 more were purchased, raising the new tally to 276,234. There was a gain of 7,912 during the prior week.
(...) Read the rest of US Mint Sales Figures: 2009 Proof Sets Surge, Pennies Rise (491 words)
© Mike Unser for Coin News, 2009. |
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UK 20p Undated Error Coins Commanding Huge Premiums | | CoinNews.net Thu, 2 Jul 2009 |
News of an error in UK’s Royal Mint 20 pence coin (20p) blasted through the media this week, creating an intensified fervor in collectors trying to find and buy the coins.
Prices for the coin, which have a face value of about 33 cents US, have shot up with auction bidding reaching as high as several hundred dollars. (See current eBay auctions .)
According to reports, the Mint issued tens of thousands "year-less" 20p coins toward the end of 2008.
(...) Read the rest of UK 20p Undated Error Coins Commanding Huge Premiums (167 words)
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Coins Celebrate Sydney 2009 World Masters Games | | CoinNews.net Thu, 2 Jul 2009 |
The Perth Mint has released the Sydney 2009 World Masters Games Coin in anticipation of a sporting event that has grown to involve more competitors than the Olympics.

The World Masters Games began in Toronto in 1985. They have occurred on approximately 4 year intervals ever since. The games have been held in Aalborg, Aarhus and Herning, Denmark (1989), Brisbane, Australia (1994), Portland, Oregon, United States (1998), Melbourne, Australia (2002) and Edmonton, Canada (2005).
Almost 25,000 competitors are estimated to have participated in the Melbourne 2002 World Masters Games, which is more than double the number of athletes that were in the Beijing 2008 Summer Olympics. This huge difference is mainly attributed to the World Masters acceptance of people with varying abilities and ages.
(...) Read the rest of Coins Celebrate Sydney 2009 World Masters Games (410 words)
© Darrin Lee Unser for Coin News, 2009. |
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2009 United States Mint Silver Proof Set Available July 17 | | United States Mint Press Releases/Public Statements Thu, 2 Jul 2009 |
WASHINGTON - The 2009 United States Mint Silver Proof Set will be available at noon Eastern Time (ET) on July 17, 2009. Pricing for this annual set is $52.95 per unit.
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Letitia Tyler First Spouse Gold Coin and Medal Available July 2 | | United States Mint Press Releases/Public Statements Thu, 2 Jul 2009 |
WASHINGTON - The United States Mint will begin accepting orders for the Letitia Tyler First Spouse Gold Coin on July 2, 2009, at noon Eastern Time (ET). The one-half ounce 24-karat gold coin, struck at the United States Mint at West Point, will be available in proof and uncirculated conditions. Pricing for the coins will be based on the United States Mint's pricing structure for precious metals products. For current pricing information, visit http://usmint.gov/pressroom/index.cfm?flash=yes&action=goldplat.
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Gold Rises for First Day in Three as Dollar Declines, Silver Advances | | CoinNews.net Wed, 1 Jul 2009 |
Gold cruised forward Wednesday for its biggest gain of the week, and halted a two-day slide. A weakened U.S. dollar was a cited catalyst for the yellow metal’s climb. Silver and platinum advanced as well. In other markets, oil prices fell following data showing higher crude inventories. U.S. stocks rose modestly.
In New York trading futures for bullion:
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Silver for July delivery gained 16.6 cents, or 1.2 percent, to 13.74 an ounce.
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Gold for August delivery jumped $13.90, or 1.5 percent, to $941.30 an ounce.
- October platinum rose $19.80, or 1.7 percent, to $1,205.10 an ounce.
(...) Read the rest of Gold Rises for First Day in Three as Dollar Declines, Silver Advances (459 words)
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Gold, Silver Eagle Bullion Sales Surge in June | | CoinNews.net Wed, 1 Jul 2009 |
Demand is lower for bullion coins? Poppycock. US Mint sales figures released Wednesday say otherwise.
Marking the third best month of a record setting pace year, demand in June for American Eagle Gold and Silver Bullion Coins jumped aggressively over May.
Silver eagle sales soared in June, rising 340,500 higher than May figures. 2,245,000 silver bullion eagles were sold. The total is now 13,824,500 for an annualized rate that is easily on track to smash last year’s 20,583,000 record.
(...) Read the rest of Gold, Silver Eagle Bullion Sales Surge in June (210 words)
© Mike Unser for Coin News, 2009. |
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Final Day for Louisa Adams First Spouse Gold Coins? | | CoinNews.net Wed, 1 Jul 2009 |
The Louisa Adams First Spouse Gold coins launched in May 2008 to mark the sixth release in a commemorative program to honor American First Ladies.
Thursday morning is the last opportunity for collectors to purchase these coins from the United States Mint, based on past Mint policy and practice. Further, they could be the scarcest in the series to date.
Since the 24-karat, $10 denominated gold series began in 2007, only eight coins depicting First Ladies have been available from the US Mint at any given time. When a new release occurs, the Mint has pulled the eldest, prior year spouse offering from its store.
(...) Read the rest of Final Day for Louisa Adams First Spouse Gold Coins? (184 words)
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Gold, Silver Fall as Oil Retreats and Dollar Rallies | | CoinNews.net Tue, 30 Jun 2009 |
A stronger U.S. dollar, retreating oil prices, and weakened consumer confidence and home price data weighed heavily on gold. Silver and platinum declined as well while U.S. stocks dipped lower.
In New York trading futures for bullion:
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Silver for July delivery dropped 37.3 cents, or 2.7 percent, to 13.574 an ounce.
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Gold for August delivery fell $13.30, or 1.4 percent, to $927.40 an ounce.
- July platinum declined $7.50, or 0.6 percent, to $1,176.70 an ounce.
(...) Read the rest of Gold, Silver Fall as Oil Retreats and Dollar Rallies (372 words)
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Historic 1854-S Quarter Eagle Highlights Heritage August LA Rare Coins Auction | | CoinNews.net Tue, 30 Jun 2009 |
1795 half eagle, 1856-O double eagle and 1880 Coiled Hair stella among the offerings from Heritage, July 31-Aug. 2, in Beverly Hills
DALLAS, TX – Legends of TV and film will surrender the Hollywood spotlight for a night when a different kind of American star takes to the podium at the Hyatt Regency Century Plaza in Beverly Hills: A historic 1854-S quarter eagle, graded VF35 NGC, will lead the Platinum Night offerings of Heritage Auction Galleries’ August 2009 Los Angeles U.S. Coin Auction, July 31-Aug. 2.

"This coin is truly a legendary rarity," said Greg Rohan, President of Heritage, "and one of just a dozen known survivors from the first quarter eagle issue produced by the San Francisco Mint. In Heritage’s in-house condition census of the surviving 12, this example is rated fifth overall."
Just 246 examples of the 1854-S quarter eagle were struck since the San Francisco Mint focused on making larger denominations such as the eagle and double eagle, and the relative "small change" denomination of the gold dollar, leaving the quarter eagle and half eagle relatively neglected.
(...) Read the rest of Historic 1854-S Quarter Eagle Highlights Heritage August LA Rare Coins Auction (691 words)
© Heritage Auctions for Coin News, 2009. |
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Numismatic News: Budget Coin Picks, Roosevelt Dimes, Coin Price Guides | | CoinNews.net Tue, 30 Jun 2009 |
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June 30: 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:
Mike Thorne | Coins Magazine
When faced with the assignment to pick 10 (or more) great coins that retail for $100 or less, I have at least two big problems: First, how do I limit my list to just 10 coins? Second, and this is often the bigger problem, how do I keep myself from trying to buy all the coins I’ve talked about?…
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(...) Read the rest of Numismatic News: Budget Coin Picks, Roosevelt Dimes, Coin Price Guides (292 words)
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Bowers and Merena Auctions: 1870 $100 National Gold Note Highlights Currency in Official ANA Auction | | CoinNews.net Tue, 30 Jun 2009 |
(Irvine, California) — More than 500 U.S. and world bank notes will be offered in the Official Auction of the American Numismatic Association World’s Fair of Money® conducted by Bowers and Merena Auctions at the Los Angeles Convention Center and online, August 2 – 8, 2009.

One of the many highlights is an 1870 $100 Gold National Bank Note, San Francisco Charter #1741, The First National Gold Bank (Fr. 1162), graded PMG Fine 12 Net (restorations).
"This classic rarity is one of only eight notes of this type in private hands, and one of three of this Friedberg number. Those others are in strong hands and not likely to become available in the foreseeable future.
In fact, only three examples have been offered for public sale in the last decade and the latest example, nearly identical to this one, sold for $258,700 in 2007," said Steve Deeds, President of Bowers and Merena (www.BowersandMerena.com).
"With collectors holding tightly to the others, we’re not sure when there will be another opportunity to acquire such a rare and elusive note."
(...) Read the rest of Bowers and Merena Auctions: 1870 $100 National Gold Note Highlights Currency in Official ANA Auction (558 words)
© Bowers and Merena for Coin News, 2009. |
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Gold Losses Trimmed as Dollar Mixed, Silver Declines | | CoinNews.net Mon, 29 Jun 2009 |
Gold pitched away from last week gains and a four day win streak to fall slightly on Monday. A fluctuating U.S. dollar spurred the yellow metal to recover a chunk of earlier day losses. Silver and platinum declined more firmly while crude-oil rallied with U.S. stocks.
In New York trading futures for bullion:
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Silver for July delivery fell 18.1 cents, or 1.3 percent, to 13.947 an ounce.
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Gold for August delivery lost 30 cents, or 0.03 percent, to $940.70 an ounce.
- July platinum declined $18.80, or 1.6 percent, to $1,184.20 an ounce.
(...) Read the rest of Gold Losses Trimmed as Dollar Mixed, Silver Declines (383 words)
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Royal Canadian Mint Releases Missing Gold Findings | | CoinNews.net Mon, 29 Jun 2009 |
OTTAWA, ON — The Royal Canadian Mint today released the findings of a third party review related to the unreconciled difference between the Corporation’s rolling inventory and the physical count of precious metals for the 2008 fiscal year.
The scope of the review, conducted by Deloitte and Touche, was to specifically determine if the unreconciled difference in gold was the result of an accounting or transaction recording error.
The report concluded that "the unaccounted for difference in gold does not appear to relate to an accounting error in the reconciliation process, an accounting error in the physical stock count schedules, or an accounting error in the recordkeeping of transactions during the year."
The Deloitte and Touche report identified three other areas for consideration:
(...) Read the rest of Royal Canadian Mint Releases Missing Gold Findings (483 words)
© Royal Canadian Mint for Coin News, 2009. |
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US Mint Last Chance Sale Ends Tuesday | | CoinNews.net Mon, 29 Jun 2009 |
Tuesday is the deadline for a US Mint offering dubbed the "Last Opportunity" — a sale that includes nearly twenty products from the Mint’s about to be discontinued 2008-dated coin series.
The last chance sale began more than a month ago with an assortment of State Quarter Greeting Products, First Day Coin Covers, Presidential $1 Coin Covers and Denver or Philadelphia Coin and Die Sets.
The products are being sold at their original price points, but without household limits. A 7-day return policy is in effect for each although the Mint said it will not accept returns unless a product was delivered damaged.
The last chance sale has not caused a collector frenzy by any means. However, several thousand more coin covers have been purchased in recent weeks according to US Mint figures.
(...) Read the rest of US Mint Last Chance Sale Ends Tuesday (113 words)
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Coin Chat Radio: Lincoln Cent Values, Newly Minted Coins, Kids and Collecting | | CoinNews.net Sat, 27 Jun 2009 |
Coin Chat Radio’s June 25 episode includes discussions on new and old Lincoln cents, freshly minted coins from Pobjoy and US mints, and stories of kids and collecting.
Bob Van Ryzin’s "What’s In The News" segment focuses on the recent US Mint decision to end bullion eagle rationing. The Mint now appears to have sufficient silver and gold blank inventories to meet the demand of its’ authorized purchasers.
Numismatic News Editor Dave Harper talks with coin dealer John Wells from Milford, Pennsylvania about new Lincoln cents, old cents, their sales and overall penny values.
(...) Read the rest of Coin Chat Radio: Lincoln Cent Values, Newly Minted Coins, Kids and Collecting (326 words)
© Darrin Lee Unser for Coin News, 2009. |
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Bullion & Business Weekend Report - June 27 | | CoinNews.net Sat, 27 Jun 2009 |
Precious metals split this week and experienced narrow movements. Gold appeared slightly more attractive to investors as the U.S. dollar showed weakness. The yellow metal in London ended higher for the first week in four while silver marked its first gain in three. Platinum, however, retreated for week three.
In other markets, crude-oil fell below $70 to register a second week of losses while U.S. stocks finished mixed. Major European indexes moved lower.
In London for the week, gold modestly climbed 0.7 percent, silver inched 0.2 percent higher, and platinum slid 0.7 percent. Precious metal figures follow:
Silver closed Friday to $14.26 an ounce, gaining 3 cents this week.
Gold was fixed at $942.00 an ounce, rising $6.75 on the week.
Platinum fell to $1,203.00 an ounce, declining $9.00 for the week.
(...) Read the rest of Bullion & Business Weekend Report - June 27 (1,029 words)
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Tyler Presidential $1 Coin Cover Set for Release | | CoinNews.net Fri, 26 Jun 2009 |
John Tyler $1 Coin Covers will be available on July 2 at 12:00 noon (ET), the US Mint announced Thursday.
These limited edition covers include two Tyler Presidential $1 coins that were minted on the first day of production. One dollar is from the Mint’s Denver facility and was struck on Feb. 17. The other is from Philadelphia and was minted on Feb. 23.
The presidential covers have a price tag of $14.95, plus $4.95 for standard shipping and handling. No household order limits are in place, but the covers do have a maximum production set at 40,000.
In addition to the two $1 coins, the display card carries a 44-cent Flag postage stamp with a postmark of May 21, 2009, Charles City, VA, which is when the Tyler $1 coins were released to the public.
(...) Read the rest of Tyler Presidential $1 Coin Cover Set for Release (170 words)
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Chinese Coins Commemorate 2010 Shanghai World Expo | | CoinNews.net Thu, 25 Jun 2009 |
Some 70 million visitors are expected to visit Shanghai in 2010 for the World Expo where China hopes to "bring the world at home, and for the world to feel at home." To celebrate the occasion, the People’s Bank of China (PBOC) is issuing silver and gold proof World Expo Shanghai 2010 commemorative coins.

Three coins have been struck in the first series release: a 1/3 oz, 23 mm, .999 fine gold piece denominated in 150-yuan, and two 1 oz, 40 mm, .999 silver coins with a face value of 10-yuan.
Each bears the same obverse World Expo logo, which depicts the image of three people — you, me, him/her — holding hands to symbolize the big family of mankind. (The logo was is inspired by the shape of the Chinese character "世", meaning the world.) Behind the logo is a centered earth with surrounding inscriptions of the "People’s Republic of China" in Chinese and the year "2009".
(...) Read the rest of Chinese Coins Commemorate 2010 Shanghai World Expo (117 words)
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Gold Rises for Day Three as Dollar Weakens and Oil Rallies, Silver Tops $14 | | CoinNews.net Thu, 25 Jun 2009 |
Gold and silver on Thursday marked a third straight day of gains while platinum rose for day two. Helping the yellow metal was a weakened U.S. dollar, rallying crude-oil prices and a mention of possible Chinese purchases. U.S. stocks returned in a posistive session as well with two percent increases in the major indexes. 
In New York trading futures for bullion:
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Silver for July delivery rose 9.5 cents, or 0.7 percent, to $14.005 an ounce.
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Gold for August delivery gained $5.10, or 0.5 percent, to $939.50 an ounce.
- July platinum jumped $23.10, or 2.3 percent, to $1,191.00 an ounce.
(...) Read the rest of Gold Rises for Day Three as Dollar Weakens and Oil Rallies, Silver Tops $14 (328 words)
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Numismatic News: Lincoln Bootstrap Error, Victor David Brenner, Dealer Ethics | | CoinNews.net Thu, 25 Jun 2009 |
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June 25: 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:
Richard Giedroyc | HCC, Inc.
There are many minor error coins that can be found in circulation, but there are few error coins on which the error is both graphically visible and available in significant enough quantities to grab the interest of collectors as being a major variety. There may be such a major variety now appearing in circulation, this being a 2009-P Bootstrap Lincoln cent…
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(...) Read the rest of Numismatic News: Lincoln Bootstrap Error, Victor David Brenner, Dealer Ethics (283 words)
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US Mint Sales: 2009 Proof Sets Pass 577K, Braille’s Top 171K, Rail Splitters Over 26.7M | | CoinNews.net Thu, 25 Jun 2009 |
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Collector action was mostly lackadaisical when it came to purchasing coins last week, the latest US Mint sales figures reveal. Despite that, a few milestones were achieved as we so often like to point out in our weekly heading.
2009 Proof Sets again retreated from their launch week highs, which is naturally normal. They did reel in a new total of 577,425 sold. At $29.95 for each set, the Mint has grossed more than $17.2 million in 21 days.
2009 Lincoln Rail Splitter pennies also pulled away from their peaks and are now caught in the valleys. But the bicentennial coins continue to amass dizzying numbers. In just over a month’s time, collectors have purchased 267,530 of the two-roll sets. For the curious minded, that’s more than 26.7 million pennies. With collector’s spending 8.95 cents for every one, that’s nearly $2.4 million for the Mint.
(...) Read the rest of US Mint Sales: 2009 Proof Sets Pass 577K, Braille’s Top 171K, Rail Splitters Over 26.7M (579 words)
© Mike Unser for Coin News, 2009. |
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John Tyler Presidential $1 Coin Cover Available July 2 | | United States Mint Press Releases/Public Statements Thu, 25 Jun 2009 |
WASHINGTON - The United States Mint announced today that customers may begin placing their orders for the limited-edition John Tyler Presidential $1 Coin Cover at noon Eastern Time (ET) on July 2, 2009.
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United States Mint Offers 2009 Lincoln Bicentennial One-Cent Coins Through Online Subscription Program | | United States Mint Press Releases/Public Statements Wed, 24 Jun 2009 |
WASHINGTON - The United States Mint will offer two-roll sets of the third and fourth redesigned 2009 Lincoln Bicentennial One Cent Coins-featuring coins emblematic of Abraham Lincoln's professional life in Illinois and presidency in Washington, D.C.-through its Online Subscription Program beginning June 24, 2009. Pricing for the Lincoln Bicentennial One Cent Coin Two-Roll Set Subscription is set at $8.95 per unit. Customers may enroll in the program to receive the maximum household limit of five units. Multiple subscriptions that result in quantities exceeding the household limit will be cancelled.
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2009 UK Henry VIII Coins | | Coin Collecting News Tue, 16 Jun 2009 |
Celebrating the 500th anniversary of the ascension of a king considered to be controversial at the least, the Royal Mint has issued the 2009 UK Henry VIII £5 coins. These coins are available in platinum, gold, silver and cupro-nickel.

Dave Knight, Director of Commemorative Coins at the Mint, explains the choice for these commemorative coins:
Assuming the throne at the age of 17 following the death of his father, Henry VIII married his first wife Catherine of Aragon, who also happened to be his dead brother’s widow...
Full Article: 2009 UK Henry VIII Coins - CoinNews
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Recession and the lure of gold coins | | Coin Collecting News Tue, 16 Jun 2009 |
Investing are buying up gold coins and bullion and it will remain a hot commodity until the recessionary trends are over whether it is in India or USA. Recently in India, the postal department, India Post had extended its sale of gold coins which began in October due to overwhelming response from investors.
Large and small investors are buying up whatever gold coins are available according to Merit Financial, a leading US dealer and advisor for precious metals...
Full Article: Recession and the lure of gold coins - CommodityOnline
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US Marshals Service Coins Proposed | | Coin Collecting News Tue, 16 Jun 2009 |
The US Marshals Service 225th anniversary is in 2014. A bill introduced in the House of Representatives would celebrate the occasion with commemorative silver and high relief gold coins.
President George Washington appointed the first 13 U.S. Marshals on Sept. 24, 1789, which was two days after he signed the Judiciary Act of 1789 into law. Since then, US Marshals have served the Nation in varying capacities with distinction and honor (see US Marshals service history).
Rep. John Boozman introduced H.R. 2799, or the United States Marshals Service 225th Anniversary Commemorative Coin Act, on Wednesday, June 10. The bill calls for the US Mint to issue up to...
Full Article: US Marshals Service Coins Proposed - CoinNews
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Affordable Barber Dimes | | Coin Collecting News Tue, 16 Jun 2009 |
A recent column mentioned some inexpensive Barber dimes and their stories. Here are some more examples for your collection.
One of them is the 1892 dime, valued at $5 in Good-4. It was the first Barber dime and was not exactly a hit. "The new coins out from the mint this year have run against various objections based on aesthetic grounds, expecially the dime," the March 24, 1892, issue of the Olean Democrat said...
Full Article: Affordable Barbers - NumisMaster
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Ickler: Time to pinch pennies | | Coin Collecting News Tue, 16 Jun 2009 |
Did you know that the management of the U.S. Mint, which hammers out the coins that pile up on our dressers and fill jars and boxes on our shelves, is proposing the establishment of a Strategic Coin Reserve?
I didn't until I read about it in "Coin World," a weekly numismatic newspaper. The Strategic Coin Reserve would be made up of coins struck beyond the...
Full Article: Ickler: Time to pinch pennies - The Daily News Tribune
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Gold safe, Canadian mint tells clients | | Coin Collecting News Tue, 16 Jun 2009 |
To halt a possible "run" on the gold it safeguards for private businesses, the Royal Canadian Mint is reassuring customers their deposits are fully accounted for and in secure vaults as the investigation continues into as much as $20 million in lost precious metals.
Since the scandal broke last week, some precious metals market advisers have been trying to instigate "some kind of a run" on the custodial accounts of the Ottawa mint and other mints around the world...
Full Article: Gold safe, Canadian mint tells clients - The Ottawa Citizen
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Obama nominates Rios for Treasurer | | Coin Collecting News Tue, 16 Jun 2009 |
The signature of Rosa Gumatao Rios might soon replace that of Anna Escobedo Cabral on Federal Reserve Notes if the Senate of the United States confirms her nomination to the office of Treasurer of the United States.
The President’s nomination was sent to the Senate May 18. Cabral resigned the treasurer’s post when the Bush Administration left office Jan. 20....
Full Article: Obama nominates Rios for Treasurer - Numismatic News
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Lower First Spouse Gold Coin Prices | | Coin Collecting News Tue, 16 Jun 2009 |
With the cost of gold on the slide recently, it is expected that the US Mint will be reducing its’ prices on the First Spouse Gold Coins. This is bad news for those investing in gold, but great news for coin collectors.
You may recall, the Mint has tied the pricing of the Spouse coins to the recent average of gold on the London Fix. The London Fix is a benchmark used by large institutions when trading the precious metal...
Full Article: Lower First Spouse Gold Coin Prices - First Spouse Coins
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United States Mint Sublets Retail Space for Restaurant | | United States Mint Press Releases/Public Statements Tue, 16 Jun 2009 |
WASHINGTON - The United States Mint announced today that it has awarded a sublease to Cuba Libre D.C., LLC for a portion of the retail space located on the first floor of the United States Mint's Headquarters building at 801 9th Street, N.W., Washington, D.C. Cuba Libre D.C. will operate a restaurant in the subleased space. The sublease is for a base period of 10 years with two five-year options.
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Cheerios Sacagawea dollars soften | | Coin Collecting News Mon, 15 Jun 2009 |
When a new subtype or variety is discovered, there is initial excitement, then over the next several years, the market adjusts as the coin does (or doesn’t) enter "mainstream" collecting.
A year ago, an example of the "Cheerios" 2000-P Sacagawea dollar sold at auction for nearly $35,000! However, the initial excitement that accompanied its discovery has waned, and savvy collectors can now acquire an example for...
Full Article: Cheerios dollars soften - Coin Values
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2009 Silver Eagles Reach 1.9M in May | | Coin Collecting News Mon, 15 Jun 2009 |
Sales of 2009 American Eagle Silver Bullion Coins were exceptionally strong in May. The silver coins continue their pace for a blowout, record performing year — potentially the best since the series began in 1986.
But… the coins have taken a step back from April and the spectacular numbers from March. The US Mint sold 1,904,500 of the eagles in May to their authorized purchasers. The tally is the fourth best month of the year, slightly above January figures...
Full Article: 2009 Silver Eagles Reach 1.9M in May - Silver Coins Today
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UK Commemorative Kew Garden Coins | | Coin Collecting News Mon, 15 Jun 2009 |
In 1759, a few acres of land was donated by Princess Augusta to create a garden for rare and unusual plants. 250 years later the Royal Mint is celebrating the creation of this premier facility with the 2009 UK Kew Gardens 50p coins.
The coins are available in three forms: a 22 carat gold proof coin, a .925 sterling silver proof coin and a cupro-nickel brilliant uncirculated coin. Each has a face value of 50p, but as they are composed of metals with differing values, so are the purchase prices.
The first few years of Kew Gardens saw growth, but not the scientific stature it would eventually attain. The beginning of real change occurred in 1771 when King George III met Joseph Banks, an entrepreneur who had just returned from a world voyage...
Full Article: UK Commemorative Kew Garden Coins - CoinNews
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Nature Spared Small Number of 1903-S Dimes | | Coin Collecting News Mon, 15 Jun 2009 |
If you're looking for an interesting coin at a modest price, the 1903-S Barber dime may be just the coin for you. The 1903-S is reasonable in price partly because there is basically no widespread serious collector interest in Barber dimes.
Dimes in general are not exactly setting the numismatic world on fire with frantic buying. Even when the 1894-S broke $1 million a couple of times, it produced no wave of price increases for the other Barber dimes...
Full Article: Nature Spared Small Number of 1903-S Dimes - NumisMaster
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1856-O gold $20 doubles its prior record | | Coin Collecting News Mon, 15 Jun 2009 |
On May 29, at the Long Beach Coin, Stamp and Collectible Expo, Heritage auctioned the finest known 1856-O double eagle for $1,437,500. No other New Orleans Mint coin has ever been publicly auctioned for more than $1 million. It is the only 1856-O gold $20 that is known for sure to grade above -60 and it seems to be the only one that is a “special striking.”
The previous record for an 1856-O was set in October 2008, when an Numismatic Guaranty Corp. graded AU-58 coin was auctioned for...
Full Article: 1856-O gold $20 doubles its prior record - Numismatic News
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MidAmerica Coin Expo ‘Good as Gold?’ | | Coin Collecting News Mon, 15 Jun 2009 |
Business at the the 28th Annual MidAmerica Coin Expo could be good as gold. "It will depend on the bullion market," said William Burd of the Chicago Coin Company.
His company will be among the 150 booths at the show held June 25-28 at the Schaumburg Renaissance Hotel and Convention Center, Schaumburg, Ill. "If gold and silver prices stay up, dealers will do more dealing," Burd said...
Full Article: MidAmerica 'Good as Gold?' - NumisMaster
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Barack Obama Commemorative Coins from Vanuatu | | Coin Collecting News Mon, 15 Jun 2009 |
History changed forever on the 4th November 2008. Barack Obama became the first African American to become President of the United States of America.

After a long campaign, which started in February 2007, during which his battle for presidency was doubted at some points by his opponent John McCain victory prevailed, inspiring hope in people, not just in America but all over the world. Barack Obama was sworn into office on 20 January 2009. The Reserve Bank of Vanuatu has captured this moment forever by issuing a commemorative coin celebrating...
Full Article: Barack Obama Commemorative Coins from Vanuatu
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Sunday Afternoon in Charm City | | Coin Collecting News Mon, 15 Jun 2009 |
I know that some dealers wanted Whitman to bring back Sunday hours, but when I was there the floor was empty. It appeared that more than half of the dealers left before the Sunday session but the number of people there appeared less than I saw before closing on Friday...
The great thing about going to these shows are the people you meet. There are some dealers that it is great to talk with. They are wonderful, hard working people who make this a great hobby. These are also the...
Full Article: Sunday Afternoon in Charm City - Coin Collector's Blog
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