The majority of United States Mint coin sales jumped for the second week in a row. Most of the demand was for collector sets, especially the new silver proof set, while some coins enjoyed increases too.
Opening sales figures for the newly issued 2010 Proof Silver Set showed 241,656 sold between Thursday, August 26 and Sunday, August 29. It was a good start for the annual set, but it was behind the inaugural sales of the last two years, which were 271,372 for 2009 and 292,004 for 2008. [click to continue…]
A couple of street sweepers made a rare find in Tennessee when they picked up a coin. The two men said they often pick up coins that have been tossed on the ground, but the one they found on Wednesday was different than the rest.
"I hollered, 'Albert look here what I found!' And we looked at it, it's a 1736 silver coin," said Jonathan Bowman ...
Full Article: Rare 1730s coin found on street in Tenn. - ABC7.com
The United States Mint will begin selling 2010 Buchanan’s Liberty First Spouse Gold Coins on Thursday at noon Eastern Time.
If the US Mint follows practice, its oldest First Spouse Gold Coin will go off sale before it launches Buchanan’s Liberty, which means Thursday morning is likely the last opportunity to purchase Sarah Polk First Spouse Gold Coins directly from the Mint...
Full Article: Final Day for Polk First Spouse Gold Coins? - CoinNews.net
The brilliant colors and panoramic landscapes of the Grand Canyon will be the backdrop as the United States Mint and National Park Service introduce the fourth coin in the America the Beautiful Quarters® Program.
2010 Grand Canyon National Park Quarter
The new quarter-dollar coin, featuring Grand Canyon National Park, will be officially presented at a ceremony on September 21 at 1:30 p.m. (MST), on the park's South Rim, between Hopi House and Verkamp's Visitor Center. [click to continue…]
Collectors may begin ordering James Buchanan's Liberty First Spouse Gold Coin at noon Eastern Time on September 2, 2010.
James Buchanan's Liberty First Spouse Gold Coins
The one-half ounce 24-karat gold coin, struck at the United States Mint at West Point, will be available in proof and uncirculated qualities.
The Presidential $1 Coin Act of 2005 contains a provision for the continuity of the First Spouse Coin Program in the event that a President served without a spouse. [click to continue…]
Coin collectors interested in purchasing the latest United States Mint Silver Proof Set may do so directly from the U.S. Mint's website for $56.95, plus $4.95 for shipping and handling.
The 14-coin set, which contains 7 clad proofs and 7 silver proofs, went on sale Thursday, August 26, 2010. The 2010 Silver Proof Set includes: [click to continue…]
The American Numismatic Association urges its members to contact their members of Congress and ask to repeal a law that could significantly increase the paperwork burden on dealers and increase the risk of identity theft for all collectors who buy and sell numismatic material.
Under Section 9006 of the Patient Protection and Affordable Care Act, commonly known as health care reform legislation, businesses will be required to report all goods and services purchased in excess of $600 with an IRS 1099 form.
As written, the law would, beginning in 2012, require all coin dealers to report on IRS form 1099 all goods and services (totaled across a taxable year) they purchase from other dealers and customers in excess of $600...
Full Article: Collectors Urged to Help Repeal New 1099 Requirements - CoinNews.net
In hidden vaults across the country, the US government is building a stockpile of $1 coins. The hoard has topped $1.1bn - imagine a stack of coins reaching almost seven times higher than the International Space Station - and the piles have grown so large the US Federal Reserve is running out of storage space.
Americans won't use the coins, preferring $1 notes. But the US keeps minting them anyway, and the Fed estimates ...
Full Article: Why the US keeps minting coins people hate and won't use - BBC News
The Sheldon Scale is the primary system in use for determining the grade of a coin. The possible grades range from Poor-1 to Mint State-70 (usually expressed as MS-70). Every possible number in between is theoretically available for describing a coin's state of preservation, but in practice only certain points of the scale are used (such as EF-45, but ...
Full Article: The Sheldon Scale for Grading Coins - Susan's Coins Blog
The Sheldon Scale is the primary system in use for determining the grade of a coin. The possible grades range from Poor-1 to Mint State-70 (usually expressed as MS-70). Every possible number in between is theoretically available for describing a coin's state of preservation, but in practice only certain points of the scale are used (such as EF-45, but
