Coin News

Welcome to Coin Update!

We’re back with another round up of recent coin collecting news and articles from around the internet! First, several articles with the latest information on the popular 25th Anniversary Silver Eagle Sets. Also, the sell out of the 2011 Proof Silver Eagle, design selection for the 2012 Native American Dollar, evolution of U.S. coins, state of the coin market, Royal Mint kilo coins, early proof gold coinage, Whitman Baltimore convention, Bitcoin, and notable auctions. On to the links…

Mint News Blog summarizes some of the most recent developments for the 25th Anniversary Silver Eagle Sets. Some collectors have noted a different finish and a “dimple” on the bullion coin included.

A separate article on the Anniversary Sets discusses how the major third party grading companies have handled return of original packaging for coins submitted for grading.

One more related article, CoinWorld has re-confirmed that all of the bullion coins included in the sets were struck at San Francisco.

In other news, the individual 2011 Proof Silver Eagle has now sold out at the US Mint. The last reported sales were 850,000 units. Here’s the related weekly numismatic product sales report, which also includes the debut numbers for two sets of products.

The United States Mint has announced the design selection for the 2012 Native American Dollar. Although the field of design candidates originally included numerous examples in the ledger art style, the selected design is a more traditional depiction.

Here’s an overview of the evolution of U.S. coins from colonial times to present.

Jeff Garrett provides his thoughts on the true state of the coin market, describing several factors currently at play.

The designs were unveiled for the one kilo gold and silver coins issued by the Royal British Mint for the 2012 Olympics. There will be just 60 examples of the gold coin produced.

Doug Winter provides his observations about the survival rates for early proof gold coinage and the various factors which can have an influence.

This article discusses a collection of proof coins struck at the Melbourne Mint that are on display and offered for sale. The value of some individual coins has increased ten fold since their purchase in the early 1990s’.

Coin Collectors Blog provides some trip notes and photos from vising the Whitman Baltimore Expo.

Coin Rarities & Related Topics continues discussion of the auction results from Baltimore, now focusing on quarters.

Here’s a showcase of the different reverse designs that have been used for the Australian Silver Koala from 2007 to 2012.

Wired.com provides a look at the rise and fall of Bitcoin. The value of the digital currency rose from 0.3 cents to a peak of $29.57 before entering a period of continued decline.

The Royal Canadian Mint’s initial public offering of securities tied to its gold reserves raised more than twice the target due to strong demand from institutional and individual investors.

And now for some notable auctions. To go with several of today’s articles, here are the currently eBay auctions for the 25th Anniversary Silver Eagle Sets.

Next, someone has listed a 1969-S Double Die Lincoln Cent authenticated by PCGS as “Genuine.” According to the description, the coin was damaged during initial authentication and later featured in the 1986 Red Book.

Last, a group of 45 assorted Proof Silver Eagles. The dates range from 1998 to 2008.

That’s it for the update. Have a great weekend!

View full post on Coin Update

Tags: 2011, 25th, American, Anniversary, Coinage, design, Dollar, Eagle, Gold, Native, News, November, Proof, Silver