CoinNews

The 2009 US Mint Uncirculated Set continues to experience exceptionally strong collector demand with sales already at 43 percent of the final levels of the 2007 and 53 percent of the 2008 mint sets.

Between their launch on noon Thursday, Oct. 1, and to the following Sunday, coin collectors purchased an incredible 297,842 sets. Flash forward another week to Sunday, Oct. 11, and new sales reached 392,007 for a weekly gain of 94,165.

At $27.95 a pop for the set of 36 satin finished coins struck in uncirculated condition, the US Mint has generated nearly 11 million in sales in less than 1 1/2 weeks.

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Those interested in coin collecting will soon have another valuable tool available in their arsenal for building a great collection. Shipping on October 13th from Whitman Publishing is The Guide Book of United States Coins - Professional Edition.

Many will immediately say to themselves, but I already have the guide, commonly known as the Red Book. Almost everyone in the industry, from young coin collectors to seasoned dealers, has been using the Red Book for years (it is currently in its 63rd edition).

It has become a necessary reference that is used to not only identify a coin with its thousands of colored pictures, but to also give an idea as to what the value might be based on its condition and rarity.

The Professional Edition of the Red Book, however, takes this resource one step further. Perhaps not as handy to carry around a coin show as the standard version, the new book is geared more towards the intermediate and advanced collector.

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