Welcome back to Something About Coins! The U.S. Mint lowers their prices, acquiring limited Chinese commemorative coins is a challenge, and there's more to those old 3 cent pieces.
If you've been following the U.S. Mint's price fluctuations, you probably know their gold collector coin prices declined today, thanks to last week's lower London Fix gold average. CoinNews.net said the mint cut the price of the Ultra High Relief Double Eagle by $50 and the First Spouse Gold Coins by $25.
Those new gold and silver Chinese coins commemorating China's 60th anniversary of the founding of the People's Republic are hard to get for ordinary people, according to an online article. "We only sell those commemorative coins to our VIP customers whose annual purchase is higher than 100,000 yuan," said Cai Yanan, a manager at Beijing Caibai Gold and Jewelry Co.
On Monday, there was an article on Numismaster.com about the U.S. Nickel Three-Cent Pieces. Today, they posted another one. The new article is by R.W. Julian and gives a more detailed account of the Three-Cent Piece's history, including the economic times and Congressional moods in the mid 1800s. Although no coin values are mentioned this time, it was interesting to learn what factors brought about the coin, why it changed so much, and why production stopped.
Coin values are discussed in Doug Winter's article about the Capped Head half eagles gold coin series, particularly the 1823. He describes grades, mintages, and of course, makes the case that the 1823 coin is currently undervalued.
Over the weekend, the Stack's auction realized almost $9 million at the Whitman Coin and Collectibles Expo in Philadelphia, per their press release. The gold 1906 Indian Head Cent in AU-58 by NGC sold for $276,000.
Thanks for reading! See you tomorrow!
License for phpBay Pro is invalid.