Coin Collecting News
Today January 29, 2010, the United States Mint began sales of 2010 Kennedy Half Dollar numismatic bags and rolls. As the Kennedy Half Dollar is no longer issued for circulation, this is the only way for collectors to obtain circulation strike examples of this year’s coins. The obverse of the Kennedy Half Dollar depicts a [...]
The United States Mint has released coin images for the upcoming 2010 Presidential Dollars featuring Millard Fillmore, Franklin Pierce, James Buchanan, and Abraham Lincoln. The US Mint has previously released the line art images of each of the coins. These coins will represent the thirteenth though sixteenth releases of the ongoing circulating dollar coin series [...]
The first of the newly designed 2010 Lincoln Cents featuring the “Union Shield” reverse have reached the channels of circulation. Distribution currently seems to be limited to the US Territory of Puerto Rico, but secondary market transactions on venues such as eBay have helped bring the 2010 Lincoln Penny to other locations. The 2010 Lincoln [...]
The revenue generated by the United States Mint for their numismatic products dropped 21% to $440.0 million for the 2009 fiscal year. Declining sales attributable to quality issues, the unavailability of certain products, and poor economic conditions were partially offset by strong performance of the 2009 Ultra High Relief Double Eagle Gold Coin. This article [...]
Today, the United States Mint lowered the prices for certain numismatic products, following a decline in the price of precious metals. The Mint’s pricing policy for gold and platinum numismatic products allows prices to be adjusted as frequently as once per week, in response to changes in the price of gold. If the average London [...]
The Citizen’s Coinage Advisory Committee (CCAC) met on January 26th, 2010, to discuss and recommend reverse designs for the five 2011 America the Beautiful Quarters. I was fortunate enough to be on hand to witness the process. The committee members were, at times, very impassioned about the subjects of the images, yet kept to parliamentary [...]
The latest weekly sales report of United States Mint numismatic products, shows the continued overall slow pace of sales for available products. The currently available products primarily consist of 2009 dated coins and products. Once 2010 coins and products are released, the pace of customer purchases should see an upswing. The pace of sales for [...]
Editor’s Note: This is a two-part column on coins holdered by non-top tier grading companies. Part I provided background information on holdered coins sold in online auctions and Part II, below, shares tips to adjust for exaggerated claims of a coin’s mint state and worth. You can find Part I here. In Part I of [...]
The United States Mint saw bullion products revenue rise by 78.63% to nearly $1.7 billion for the 2009 fiscal year, amidst heightened demand for gold and silver bullion coins. The strong performance of this segment was a major contributing factor to the record overall revenue achieved for the year. See the previous article summarizing the [...]
Economic conditions caused a significant decline in the need for the United States Mint’s circulating coins. Shipments to Federal Reserve Banks declined significantly, resulting in a corresponding decline in seigniorage. This article continues the coverage of the United States Mint 2009 Financial Results. The United States Mint is responsible for producing and issuing circulating coins [...]
