Numismatic News and Blog Headlines – Feb 17
PCGS Grades First Submitted 2009 Ultra High Relief $20 MS70
The first new 2009 Ultra High Relief Double Eagle Gold Coin was certified by Professional Coin Grading Service (PCGS) on Friday, February 13. It was graded Mint State 70.
"We were thrilled to examine the first submitted example of this eagerly anticipated modern masterpiece.
It's one of the finest designs ever created for United States coinage and a testament to the excellence of the United States Mint," said Don Willis, President of PCGS, a division of Collectors Universe, Inc. (NASDAQ: CLCT).
The coin was submitted by collector Charles Camp of Savannah, Georgia who said he was thrilled with the certification: "I've always been a big admirer of PCGS, and I think it's a great thing."
US Mint Makes $2.8 Billion in Sales
The just released 2008 United States Mint Annual Report offers a candid assessment on the performance of the US Mint that highlights both the good and the bad, and mixes in challenges and strategies. At the end of the fiscal year, the agency generated sales of more than $2.8 billion and made history in creating 126 coin designs -- both good. But the Mint also earned less than it did in 2007 -- one of several disappointments for the year.
2008 proved to be robust for the Mint's numismatic and bullion coin programs. Each realized an increased net income of 22.7 percent and 295.6 percent. Demand for bullion coins popped with total sales registering an impressive $948.8 million. Collector coins came in second, pulling in $527.6 million.
Bullion & Business Weekend Report – Feb 14
DLRC Auctions Offers Million Dollar Collection!
British Royal Mint Issues 2009 UK Charles Darwin £2 Coins
Canadians to Vote and Determine 2010 Olympic 25-Cent Coin Designs
US Mint Gold Coin Sales Figures, Feb 12
Gold Hits Seven-Month High, Silver Down a Cent
PNG President Comments on New Lincoln Cents
