April 23, 2014

Open Cube Shaped Coin Honors Canonization of Pope John Paul II

open-cube

The Government & Treasury of Niue Island have launched a new concept in coinage never previously seen. The new coin, a creation in the shape of an open cube with images and artwork on each side, make this item unique among coins based on its design, shape, and production. The coin is designed by artisan […]

US Mint Sales Report: Proof Silver Eagles Top Seller

Proof Silver Eagle

The 2014 Proof American Silver Eagle was the top selling product in the latest weekly United States Mint numismatic product sales report. Strong sales were also seen for the 2014 Baseball Hall of Fame Clad Half Dollars, which represent the only option remaining available from the popular commemorative coin program. For the weekly period ending […]

New Coins Pay Tribute to Hungarian Composer Béni Egressy

Egressy

The National Bank of Hungary has issued (22nd April) two new coins which honor one of the country’s most well-known and respected composers, Béni Egressy (1814 – 1851) best remembered for composing the music to “The Szózat”, a famous poem by Hungarian poet Mihály Vörösmarty. The song later became the unofficial “second Hungarian national anthem. […]

Royal Mint Sold Out of First £20 for £20 Silver Coins, Second Release to Follow

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Last week the Royal Mint issued a press release which included information about the imminent sell-out of their £20-for-£20 silver face value coins. By later in the week, the web page for ordering up to ten coins per household (increased from three pieces originally) indicated the coins as sold out of the total indicated mintage […]

Tara Crosby Wins PNG 2014 YN Scholarship

Tara Crosby

Tara Crosby, a 20-year-old college student from Alpharetta, Georgia, is the recipient of the Professional Numismatists Guild 2014 Young Numismatist Scholarship. She will have the opportunity to attend one of the two week-long American Numismatic Association 2014 Summer Seminar sessions courtesy of PNG. Crosby was introduced to coins by her family at an early age […]

CCAC Exit Interview with Michael Olson

Michael Olson CCAC

Michael Olson, one of the four members of the Citizens Coinage Advisory Committee (CCAC) who is nominated from the leadership of Congress, attended his last meeting in March 2014, after 4-1/2 years of service. He was kind enough to answer a few questions about his time on the committee. How did you start coin collecting, […]

Great Smoky Mountains 5 Ounce Silver Bullion Coins Temporarily Sold Out

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The United States Mint has notified authorized purchasers that the 2014 Great Smoky Mountains National Park 5 Ounce Silver Bullion Coins are temporarily sold out. The Mint is producing additional inventory and expects to have the coins available to order in a few weeks. The America the Beautiful 5 Ounce Silver Bullion Coin series features […]

The Coinage of New Guinea

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In this first article of a series we will take a look at the coins of countries and territories that can be a great introduction to the collecting of world coinage. While many countries have issued coins for centuries and a complete collection is out of reach to even the most advanced collector, there were […]

Slovakia 10th Anniversary of EU Accession 2 Euro Coin

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The National Bank of Slovakia have issued a new commemorative 2 Euro coin which marks a very important moment in the country’s history – that of its accession into the European Union on the 1st May 2004. Slovakia, along with eight Central and Eastern European countries including the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland […]

Whose Terms Prevail in Online Coin Auctions?

Terms of Service

Readers of Coin Update News often bid on or order coins online, typically from portals like eBay, iCollector, Auction Zip or Proxibid. Sellers on eBay are more astute when it comes terms of service, primarily because they want good feedback on their sales. Not so with auctioneers who sell coin estates, often through Proxibid, which […]