Monthly Archives: August 2009
PNG Assists in Combating Import Restrictions
Gold, Silver and Metals: Prices and Commentary – Aug 21
2009 Lincoln Cent Proof Set Issued
The United States Mint launched proof versions of the four newly redesigned 2009 Lincoln Cents in a single set on Wednesday, August 26.
The proof sets are priced at $7.95 each, plus shipping and handling, and will be available at noon ET. There is a limit of 5 sets per household.
The one-cent coins celebrate the bicentennial of President Abraham Lincoln's birth and the 100th anniversary of the first issuance of the Lincoln cent. The sets, therefore, are officially entitled as the 2009 Lincoln Bicentennial One Cent Proof Set.
The reverse of each cent bears a design that represents the four major aspects of Abraham Lincoln's life:
Heritage to Serve as 2010 Official ANA Auctioneer
Dwight Manley donates $250,000 to Florence Schook School of Numismatics
Gold Falls Slightly with Dollar Advance, Silver Unchanged
Rarities Highlight Heritage Long Beach Currency Auction
James K. Polk Presidential $1 Coin and Dollar Rolls
James K. Polk Presidential $1 Coins and dollar rolls are now available following their ceremonial launch Thursday by the US Mint at Polk's ancestral home in Columbia, Tenn.
"The James K. Polk Presidential $1 Coin is the 11th in the United States Mint's Presidential $1 Coin Program," United States Mint Deputy Director Andy Brunhart told the crowd. "It is my great privilege to present the coin to the Nation."
Polk is probably best known for his support and actions relating to Manifest Destiny, which was the belief that the US had the right to expand throughout North America. In following this belief, Polk annexed the area now known as Oregon and Washington from Great Britain. He also waged war with Mexico and won California and New Mexico through the Treaty of Guadalupe Hidalgo.
Coin News: US Mint Coin Costs, Coin Market Attitudes
US Mint Sales: UHRs Near 81K, Gold Eagles Top 801K, Silver...
Since many coin collectors spend their time outside of the hobby during the summer months, US Mint weekly sales can tend to be routine and borderline boring. That is not the case with the latest round of coin figures.
Highlights follow:
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In a single week, August demand for American Eagle Gold Bullion Coins nearly doubled. 23,000 had been sold up through the 12th. By the 19th, 45,000 were purchased. For the year, the total has jumped to 801,500.
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Silver Eagle Bullion Coins continue their blazing sales trail. 17,739,000 have been sold this year. Another 475,000 left US Mint doors in the last seven days alone.
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Collectors purchased 2,901 more UHRs in a week (see UHR Double Eagle Sales Top 80K.)
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2009 Lincoln Formative Year Cents sold out at 300,000, as inaugural sales of the Illinois Lincoln penny two-roll sets reached 152,146. (See 15.2 Million Professional Life Cents Sold in Four Days.)
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Freshly minted Julia Tyler First Spouse Gold Coins reached 2,087 for the proof and 1,125 for the uncirculated. At the same time, the proof Jackson's Liberty First Spouse Coin sold out. The latest US Mint figures show their total at 7,806.
- And for the final highlights, 2009 Proof Sets are gliding along. The clad set climbed another 19,906 and is heading toward one million. The silver set rose by 17,277 with an eye toward 500,000.