Paul Hollis Brings $2.5 Million 1844-O Proof $10 "Home"
(New Orleans, Louisiana) – The 1844-O proof Eagle, a one-of-a-kind gold coin struck at the New Orleans Mint 164 years ago, has returned "home" to the Louisiana State Museum – Old U.S. Mint with the help of New Orleans coin dealer, Paul Hollis.
The unique, $10 denomination gold piece apparently was specially struck as a presentation piece, and over the decades it's been in the famous coin collections of a former U.S. Treasury Secretary and an early 20th century Chicago beer baron.
It is certified by Numismatic Guaranty Corporation as Proof-65 Ultra Cameo, and now insured for $2.5 million for an upcoming exhibition.
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Gold and Silver Bald Eagle Coins Popular with Collectors
The U.S. Mint's 2008 American Bald Eagle coins are proving to be popular with coin collectors. Especially the $5 gold and $1 silver versions, with nearly 70% of their max mintage already sold.
All three legal tender coins (gold, silver & clad) celebrate the successful recovery and restoration of the Bald Eagle to America's skies and the upcoming 35th Anniversary of the Endangered Species Act on December 28.
The popularity of the coins couldn't make the American Eagle Foundation (AEF) happier since the not-for-profit organization receives a portion of each coin sale — $35 per gold piece, $10 per silver coin, and $3 for each clad.
AEF is dedicated to protecting the majestic Bald Eagle, the USA's National Symbol, and its habitat by supporting and conducting eagle and environmental recovery and education programs.
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Numismatic Blog and News Headlines for October 9, 2008
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2008 UK Royal Shield of Arms £1 Gold, Silver and Piedfort...
The British Royal Mint has announced the sale of individual proof £1 gold, silver and Piedfort silver coins featuring Welsh graphic designer Matthew Dent's rendition of the heraldic shield of the Royal Arms — only the third coin reverse version since 1983.
The coins have an extremely low mintage with the 22 carat gold piece limited to just 1,000 and each .925 sterling silver coin set to only 5,000.
Collectors may purchase the gold, silver and Piedfort silver proof coins for £425, £49.95 and £29.95, respectively. (See International Currency Converter.)
The Piedfort £1 is unique in that it's twice the weight and double the thickness of its circulating counterpart. While it has the same 22.5 mm diameter as the non Piedfort silver proof, its weight is doubled at 19 grams.
Gold Shines as Inflation Fears Rise with Rate Cuts
