Welcome back to Something About Coins! Buffalo coins were certainly the dominating topic in the news today.
The U.S. Mint finally released the 2009 American Buffalo Gold Bullion coins last week on Oct. 15 to their authorized bullion purchasers, and CoinNews reported they've already sold 71,500 of them.
In today's Buzz, Dave Harper talks about Buffalo gold coins. Since the new mintage is already high, there may be more potential in circulated 19th century gold coins that have lower mintages. He suggests the challenge to find a good value at a place that deals with large volumes of unsorted gold coins.
Paul M. Green makes a case to collect the Buffalo nickel series. The Buffalo nickels made between 1913 and 1938 have a solid base of collectors, and with the popularity of buffaloes on coins growing, he believes there's potential for that base to grow. Green highlights everything you want to know about Buffalo nickels, like who is the Indian on the obverse and why parts of the coin's design changed. Several examples of current values on key-dates are listed. He says the 1913-P mound type is $32.50 in MS-60 and $190 in MS-65, and the famous error 1937-D three-legged buffalo is $2,375 in MS-60 and $37,000 in MS-65.
Stack's 74th Anniversary Sale will be held in Baltimore, Maryland from November 9th to the 11th. CoinLink.com posted the announcement that described about twenty of the important lots. The lots include "nice quality Buffalo nickels" as well as several rare world coins, U.S. early colonial coins, and high-graded 19th century coins.
Doug Winter described and ranked the U.S. Mint branches in his market blog yesterday and told us the hottest 19th century gold coin issues from each. It's a great article for those of you who decide to collect rare gold coins from a certain branch mint. He described the mint at Dahlonega, Carson City, New Orleans, Charlotte, and San Francisco.
A new world coin that I found interesting was featured on SilverCoinsToday.com. The article told an interesting story about King Richard of England, and how the king made it on on a 2009 10 Euro from the Austrian Mint. The Richard the Lionheart Silver coin is the second in the Tales and Legends of Austria series.
Here's a story about a New Mexico suspect who bought sneakers with silver coins. He handed over an 1882 silver dollar, a 1990 silver dollar, a 1982 FDR silver dollar, a troy ounce silver coin, and three more coins for a pair of Reebok's costing only $43. So if you're trying to recover stolen coins in New Mexico, you should check out this article.
Talk of the new America the Beautiful Quarters has calmed down a little, but there's a new web site dedicated to the upcoming series. AmericaBeautifulQuarters.com will feature designs, release dates, specifications and news for the coins.
If you're still curious about those Buffalo gold coins, here's a few being auctioned:
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Thank you for reading and see you tomorrow!