Welcome to Coin Update!
We’re back with another fresh round up of coin collecting news and articles from around the internet! First, sales reports covering the United States Mint’s numismatic products and American Gold and Silver Eagle bullion coins. Also, a Senate bill seeking to switch from $1 bills to $1 coins, World’s Fair of Money, coin launch ceremonies, two articles on coin dealers, Liberty Seated Half Dollars, exchange $20 for $20, silver investment, gold denominations, and notable auctions. On to the links…
New sales reports are available for US Mint numismatic products and bullion coins. On the numismatic front, the five ounce silver coins sold faster. For bullion coins, both gold and silver showed big gains from the prior month, but fell compared to prior year levels.
A Senate bill has been introduced which seeks to transition from $1 bills to $1 coins. This is a companion bill to the previously introduced H.R. 2977.
On a related note, this Numismaster article from Patrick Heller asks: “Have you thought of becoming a coin dealer?” He provides some insights on what it involves in possible avenues to begin.
Coin Rarities & Related Topics discusses the Liberty Seated Half Dollars offered in the FUN convention auction.
It seems that the $500 million in gold and silver coins recovered by Odyssey Marine Exploration may soon be turned over to Spain. After the latest ruling, the only avenue of appeal for Odyssesy would be the U.S. Supreme Court.
And now for some notable auctions. First, a 1962-D Lincoln Cent struck on a scrap planchet with a weight of 1.12 grams. This compares to the standard weight of 3.11 grams. The mint error was graded NGC MS 64 RD.
That’s it for the update. See you next time!
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