Coin Update News

Featured Articles

Featured articles on coins and coin collecting from Coin Update News. These articles often cover significant product releases or announcements from the United States Mint and other world Mints, content from monthly or weekly columns, and other worthwhile reading for coin collectors.

PCI First to Cross Over to PCGS

PCI First to Cross Over to PCGS

Since our series “Crossover, cross-under and cross-out” began this summer, no coin from third-tier grading services has successfully crossed over from its holder to one by PCGS. Last week marked my first success of the year, with this PCI 1896 Morgan Dollar crossing over to what many consider to be the hobby’s premier grading company [...]

Interview with United Future World Currency Project Coordinator

Interview with United Future World Currency Project Coordinator

Few people had heard of the United Future World Currency movement until Russian President Dimitri Medvyedev held up one of the prototype coins in support of the concept of an alternative world currency to the US Dollar. He was heard to comment, “Here it is, you can see it and touch it. This is a [...]

US Mint Sales: 2010 Silver Proof Set Debuts at 241,656

US Mint Sales: 2010 Silver Proof Set Debuts at 241,656

This week’s report of the United States Mint’s numismatic product sales includes the opening figures for the 2010 Silver Proof Set. Other points of interest include a jump in sales for previously available annual sets and the one ounce proof 2010 Gold Buffalo. Sales of the 2010 Silver Proof Set began at the US Mint [...]

What’s Going On With The Price Of Silver This Week?

What’s Going On With The Price Of Silver This Week?

The monthly COMEX silver options expired on Tuesday this week.  For several years, there has been a suspiciously consistent trend that the prices of gold and silver get clobbered coming up to and going into the close of the COMEX on the days of the COMEX and the Over The Counter (OTC) options expiration. For [...]

US Mint 2010 Silver Proof Set on Sale

US Mint 2010 Silver Proof Set on Sale

The United States Mint’s latest annual coin set went on sale for collectors today, August 26, 2010. The 2010 Silver Proof Set includes all 14 circulating coins in proof condition, with 7 coins struck in a composition of 90% silver. Silver Proof Sets have been issued by the United States Mint each year since 1992. [...]

Thinking Of Buying Gold Or Silver? Now What?

Thinking Of Buying Gold Or Silver? Now What?

It has become clear to me that a lot more people have done their research and come to the conclusion that they should own some gold and/or silver as part of their total assets. But, once you have come to that decision, then you have to choose the appropriate vehicle(s) to get into the precious [...]

US Mint Sales: Proof Platinum Eagles Sold Out

US Mint Sales: Proof Platinum Eagles Sold Out

The latest weekly report for the United States Mint numismatic product sales is available. The report includes the 2010 Proof Platinum Eagle, which has already sold out, and the debut sales figures for the James Buchanan Presidential Dollar rolls. When the 2010 Platinum Eagle Proof Coin made its first appearance on the sales report last [...]

DNC – Did Not Cross

DNC - Did Not Cross

As a journalist, whenever I see the abbreviation DNC I think about the Democratic National Committee. As a numismatist, of course, I know the abbreviation as “Did Not Cross,” meaning one grading company disagreed with the grade of another and refused to label a coin at the exact level. In some ways, DNC can stand [...]

Star Spangled Banner Commemorative Coins To Be Issued in 2012

Star Spangled Banner Commemorative Coins To Be Issued in 2012

On August 16, 2010, President Obama signed a bill into law, which authorizes the production of gold and silver coins to commemorate the bicentennial of the writing of the Star Spangled Banner. The coins would be issued during the calendar year starting January 1, 2012. The bill H.R. 2097 Star-Spangled Banner Commemorative Coin Act was [...]

ANA World’s Fair of Money Convention Recap

ANA World's Fair of Money Convention Recap

Last week, the American Numismatic Association (ANA) World’s Fair of Money convention was held in Boston.  This is one of the largest coin shows in the country each year, with hundreds of dealers hosting booths on the bourse floor. I had a conversation there with a physical metals trader for Morgan Stanley.  He assists company [...]