From the monthly archives:

June 2009

2009 United States Mint Presidential $1 Coin  & First Spouse Medal Set™ – John Tyler – Letitia Tyler WASHINGTON - Collectors may begin placing orders for the 2009 United States Mint Presidential $1 Coin and First Spouse Medal Set (John Tyler-Letitia Tyler) on July 14, 2009, at noon Eastern Time (ET).

The set, priced at $8.95, includes an uncirculated John Tyler Presidential $1 Coin and a bronze medal bearing the portrait of Letitia Tyler featured on the First Spouse Gold Coin struck in her honor.  The coin and medal are encased in a durable plastic card enhanced with beautiful representations of the President's and First Spouse's portraits, with issuance information on the back. [click to continue…]

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10 Budget Coin Picks

by NumisMaster on June 30, 2009

in Coin Values, NumisMaster

When faced with the assignment to pick 10 (or more) great coins that retail for $100 or less, I have at least two big problems: First, how do I limit my list to just 10 coins? Second, and this is often the bigger problem, how do I keep myself from trying to buy all the coins I've talked about?

Before presenting my list of coins and the reasons I chose them, let me establish some ground rules. First, the coin values will be based on the May 2009 issue of Numismatic News "Coin Market." Second, the grade of the coin will be the one with a value closest to but below the $100 limit...

Full Article: 10 Budget Picks - NumisMaster

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Gold coins and graphThe Royal Canadian Mint today released the findings of a third party review related to the unreconciled difference between the Corporation’s rolling inventory and the physical count of precious metals for the 2008 fiscal year.

The scope of the review, conducted by Deloitte and Touche, was to specifically determine if the unreconciled difference in gold was the result of an accounting or transaction recording error.

The report concluded that "the unaccounted for difference in gold does not appear to relate to an accounting error in the reconciliation process, an accounting error in the physical stock count schedules, or an accounting error in the recordkeeping of transactions during the year."

The Deloitte and Touche report identified three other areas for consideration:...

Full Article: Canadian Mint Releases Missing Gold Findings

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Roosevelt dimes unsung

by Coin Values on June 30, 2009

in Coin Values, U.S. Coins

2009 Roosevelt DimeIf a U.S. coin series had to be picked as the biggest laggard in the market, Roosevelt dimes would rank among the top candidates.

First struck in 1946, the design comes across as bland when compared to the much more artistic Winged Liberty Head dime of 1916 to 1945. Add in the coin's small size and secondary...

Full Article: Roosevelt dimes unsung - Coin Values

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The manager of a Marion County jewelry store opened fire when a robber came in to steal an expensive coin. The robber was after a rare coin worth $20,000 from a store on 109th Avenue in Summerfield.

At Bob's Coins and Jewelry, general manager Vicki Buxton believes in tight security. "I knew it was coming, and I watch everyone," said Buxton...

Full Article: Suspect Steals Rare Coin, Manager Fires Shot - WFTV Orlando

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US Mint Last Opportunity SaleTuesday is the deadline for a US Mint offering dubbed the "Last Opportunity" — a sale that includes nearly twenty products from the Mint’s about to be discontinued 2008-dated coin series.

The last chance sale began more than a month ago with an assortment of State Quarter Greeting Products, First Day Coin Covers, Presidential $1 Coin Covers and Denver or Philadelphia Coin and Die Sets.

The products are being sold at their original price points, but without household limits. A 7-day return policy is in effect for each although the Mint said it will not accept returns unless a product was delivered damaged...

Full Article: Mint Last Opportunity Sale Ends June 30 - CoinNews

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US Mint Bullion Coins & SalesAmerican Eagle Gold and Silver bullion coins dipped in sales for a second straight week. However, June totals for each have already surpassed respective eagle sales in January and May. And there is still a potential for them to pass those from February by the end of business on Tuesday.

Silver eagles jumped up by 175,000 for a total of more than 13.5 million sold. Gold eagles increased by 20,000 to 667,500...

Full Article: Bullion Eagle Sales Decline - Coin Sales Figures

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In my last installment of this series on doubled die finds on the District of Columbia quarters, I reported that Rick LaJoie of New Hampshire had spotted three new varieties on the Philadelphia issue. This brought us up to one variety for the Denver issue and six for Philadelphia.

Now LaJoie has found one other for our Philadelphia listings plus a couple other interesting aberrations for the issue...

Full Article: Reports slow for doubled DC - Numismatic News

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Coin Pricing Guides

by The Web on June 29, 2009

in Coin Collector Education

Recently we had a very rare coin for sale. The CDN (gray sheet WHOLESALE bid/ask) on the coin was $121,000/$131,000.00. We were offered $130,000.00 for the coin by a collector.

Sounds reasonable-but it was far from what the coin was worth. The collector had no other information to go on. We missed placing the coin with him, and he most likely will never buy one because they all will be too expensive...

Full Article: Coin Pricing Guides - Legend Numismatics

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Flying Eagle Cent Signifies Change in Size

June 29, 2009

There is probably no more important pattern than the 1856 Flying Eagle cent. Yet, while it is technically a pattern and not a coin, it is treated by one and all like a coin and most importantly, priced like a coin.
The story of the 1856 Flying Eagle cent is an interesting one. It’s really the [...]

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Former Mint Director Johnson Becomes Spokesperson for Goldline International

June 29, 2009

Former U.S. Mint Director and Congressman Jay Johnson has become a spokesperson for Goldline International, Inc.
“As a former Director of the United States Mint, I believe strongly in the importance of owning gold as part of a diversified portfolio” said Johnson.
“That’s why I’m proud to endorse Goldline which has been helping people acquire gold and [...]

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Lincoln penny unveilings a mint for coin collectors

June 29, 2009

If Lincoln City, Ind. is an indication, the mid-August unveiling of a redesigned penny in Springfield could get a little crazy.
The U.S Mint has scheduled the unveiling of the third in a series of four 2009 Abraham Lincoln bicentennial pennies, this one depicting Lincoln’s professional life in Illinois, for Aug. 13 at the Old State [...]

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2010 World Expo Coins Issued

June 29, 2009

Some 70 million visitors are expected to visit Shanghai in 2010 for the World Expo where China hopes to “bring the world at home, and for the world to feel at home.”

To celebrate the occasion, the People’s Bank of China (PBOC) is issuing silver and gold proof World Expo Shanghai 2010 commemorative coins.
Three coins have [...]

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Bullion Gold Coins Gain as Inflation Concerns Grow

June 29, 2009

Investors are seeking safety in a turbulent economic environment. One way they are both protecting and preserving their wealth is with gold coins, more specifically bullion gold coins. Lubaszka had this to say, “Gold coins have outperformed everything over the last 10 years tripling in value. It could continue according to some of the smartest [...]

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Archaeologist Defends State Secrecy

June 29, 2009

One can’t help but raise an eyebrow when a British archaeologist comes out publicly in support of U.S. State Department (DOS) secrecy in its dealings with American citizens. Most academics in the United States, archaeologists included, have favored transparent government.
But, hot on the heels of Obama administration guidance that transparency is the new order of [...]

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