Coin Collecting News
Two newly released products make their debut on the latest US Mint sales report. Other highlights include the continued strength in the sales of 2010 Proof Gold Buffalo coins and a slow for Buchanan’s Liberty Gold Coins. Sales of the Grand Canyon National Park Quarter bags and rolls began at the US Mint on September [...]
In a memorandum sent to authorized purchasers, the US Mint indicated that their inventory of 2010 American Gold Buffalo Bullion Coins has been depleted. Furthermore, no additional inventory will be made available. The American Gold Buffalo is the one ounce 24 karat gold bullion offering of the United States Mint. The coins have been available [...]
A recently introduced bill seeks the production of American Palladium Eagle bullion and collector coins, featuring the obverse design of Adolph A. Weinman’s Mercury Dime. The bill H.R. 6166 The American Eagle Palladium Bullion Coin Act of 2010 was introduced by Rep. Dennis Rehberg of Montana on September 22, 2010. The coins would contain one [...]
I have collecting coins for most of my life, but have recently been making some purchases specifically with the intent to ‘flip’ the items for a profit. I would like to share a few stories about my recent attempts, and how they turned out. ‘1701 William III’ gambling token – I was looking through eBay [...]
The Sales Agency for Collector Coins of the Federal Republic of Germany (Verkaufsstelle für Sammlermünzen der Bundesrepublik Deutschland) has issued a new 10 Euro silver coin to mark 20 years of German unity. The unification process officially concluded on the 3rd October 1990, with the the German Democratic Republic joining the Federal Republic of Germany. [...]
The latest product released by the United States Mint is the Presidential $1 Coin and First Spouse Medal Set for James Buchanan’s Presidency. The sets officially went on sale yesterday, September 23, 2010. Each set includes one uncirculated 2010 James Buchanan Presidential Dollar and one Buchanan’s Liberty First Spouse Medal. The dollar coin features a [...]
Earlier this year, the United States Mint began the new series of National Park Quarters, under the official title of America the Beautiful Quarters. The series will feature a National Park or national site from each of the 50 states, 5 U.S. territories, and the District of Columbia depicted on the reverse a circulating quarter. [...]
The only known 1943 Lincoln Cent mistakenly struck on a bronze planchet at the Denver Mint has been sold for a record price of $1.7 million by Legend Numismatics of Lincroft, New Jersey. The unique coin, not publicly known to exist until 1979, is graded PCGS MS64BN. The new owner is a Southwestern United States [...]
The Royal British Mint, in association with the Battle of Britain Fighter Association and the Battle of Britain Memorial Trust, has released a new five pound crown coin to mark the 70th anniversary of the Battle of Britain. The obverse of the coin bears the well known effigy of HM Queen Elizabeth II designed by [...]
Supply Squeeze of Physical Gold and Silver May Be Heating Up
Within the past 48 hours, as gold and silver have broken to new highs (ignoring inflation), there are some indications that demand for physical precious metals may be on the rise. My company does not deal with the customers who make purchases of tens to hundreds of millions of dollars at a time. Such buyers [...]