Coin Update News Archives

Archive for February 2010

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Bulgarian Commemorative Coin Marks 140 Years of Bulgarian Exarchate

Bulgarian Commemorative Coin Marks 140 Years of Bulgarian Exarchate

The Bulgarian National Bank will release a new Bulgarian commemorative coin on February 22, 2010 to mark the 140 years of the Bulgarian Exarchate. The coins will be struck in 92.5% silver and partially plated in gold. The obverse of the coin features the logo of the Bulgarian National Bank with the year “1879″ on [...]

IMF Gold Sale Will Likely Backfire On US Government

IMF Gold Sale Will Likely Backfire On US Government

After the COMEX closed on Wednesday, the International Monetary Fund (IMF) issued a statement that it would sell the remaining 191.3 tons (6.15 million ounces) out of its original 13 million ounce gold sale to “the market.” Last year, the initial gold sales were made “off-market” to the central banks of India, Mauritius, and Sri [...]

US Mint Releases Millard Fillmore Dollar, Offers 25-Coin Rolls

US Mint Releases Millard Fillmore Dollar, Offers 25-Coin Rolls

On February 18, 2010, the United States Mint released into circulation the first Presidential Dollar Coin of 2010, featuring Millard Fillmore. This coin represents the thirteenth overall release in the series honoring the former Presidents of the United States of America. The Millard Fillmore Presidential Dollar features his portrait on the obverse with inscriptions indicating [...]

US Mint Plans 2010 Lincoln Penny Two Roll Set

US Mint Plans 2010 Lincoln Penny Two Roll Set

The United States Mint recently revealed plans to offer a two roll set for the newly redesigned 2010 Lincoln Cents. The reverse design depicts the Union Shield to represent Lincoln’s preservation of the Union. Together with a restored version of Victor D. Brenner’s portrait of Lincoln on the obverse, this new design will remain in [...]

Previewing 2010 Boy Scouts Silver Dollar Coins

Previewing 2010 Boy Scouts Silver Dollar Coins

This year the United States Mint will issue 2010 Boy Scouts of America Centennial Silver Dollars in commemoration of the 100th anniversary of the founding of the organization. The coins are currently scheduled for release on March 23, 2010. The commemorative coin program was proposed under H.R. 5872: Boy Scouts of America Centennial Commemorative Coin [...]

US Mint Sales: 2010 Presidential Dollar Proof Set Debuts

US Mint Sales: 2010 Presidential Dollar Proof Set Debuts

The latest sales report of the United States Mint’s numismatic products comes two weeks after the previous report. A report was not generated last week since federal agencies in the Washington DC area were closed for an extended period due to weather. Accordingly, the sales increases mentioned in this week’s report will represent the past [...]

CFA Reviews 2011 America the Beautiful Quarter Design Candidates

CFA Reviews 2011 America the Beautiful Quarter Design Candidates

The Commission of Fine Arts (CFA) reviewed design candidates for the 2011 America the Beautiful Quarters at their January 21, 2010 meeting. The United States Mint had prepared three to four potential designs or each of the five quarters to be issued next year featuring parks or sites in Pennsylvania, Montana, Washington, Mississippi, and Oklahoma. [...]

2010 Chinese Gold and Silver Pandas

2010 Chinese Gold and Silver Pandas

The 2010 Chinese Gold and Silver Pandas have been issued by the People’s Bank of China. This year’s program consists of ten different issues, including seven gold and three silver coins with a new reverse design. The high quality bullion coins have become popular around the world. The Gold and Silver Pandas feature a common [...]

Austrian Mint Ski-Jump and Snowboarding Coins for 2010 Olympics

Austrian Mint Ski-Jump and Snowboarding Coins for 2010 Olympics

To celebrate the 2010 Olympic Winter Games held in Vancouver, the Austrian Mint has issued two silver 5 Euro Coins. Each coin depicts a winter sport in which Austria excels, namely ski jumping and snowboarding. The 5 Euro Ski Jump coin displays a helmeted ski jumper in mid flight with a background of trees in [...]

2010 “Union Shield” Lincoln Cent Launch Ceremony and Coin Exchange

2010

I attended the launch ceremony for the 2010 Lincoln Cent with the new Union Shield reverse design. The event was held on February 11, 2010 at the Abraham Lincoln Presidential Museum in Springfield, Illinois. As early as 5:30 AM on Thursday morning, people began standing in the 7 degree morning air outside the museum awaiting [...]