Welcome back to Something About Coins! Here are the interesting coin stories I found on the web today.
The Austrian Mint plans to decrease output next year because they are forecasting weaker investor demand, Bloomberg reports. Although gold coin sales have been 14% higher than last year, production of the popular Philharmonic gold coins will be cut back, mainly because they are anticipating the end of the financial crisis.
Current demand for the 2009 American Buffalo Gold Bullion Coins still remains high, says CoinNews.net. 110,500 have been sold since Oct. 15th. Collectors, of course, are anxious for the U.S. Mint to release the 2009 Proof Buffalo coins tomorrow, October 29. The coins are one ounce 24-karat gold.
Heritage Auctions did well in Dallas, according to a press release on CoinLink.com. President of Heritage Auctions said, "The rare coin market seems to be almost fully recovered in many areas, and perhaps even headed for record price levels next year." An 1879 $4 Flowing Hair Stella in PR-65 by NGC sold for $161,000, and a 1925-S $20 Double Eagle in MS-66 by NGC sold for $149,500.
NumisMaster.com reports other world mints are commemorating Louis Braille's 200th birthday anniversary. A collection wouldn't be complete without the Belgian 2-euro legal tender commemorative coin and an Italian 2-euro bimetallic circulating commemorative coin that were released in September and October. Special Braille sets are being offered with limited availability.
An article by Paul M. Green on the 1942-S Walking Liberty Half Dollar was published on NumismaticNews.com last week and again on NumisMaster.com yesterday. Green believes there is a strong demand for it in top grades, and values the MS-60 at $37 and MS-65 at $610. In older report, David Hall claimed an 1942-S in MS-66 was a key coin.
If you're interested in Austrian Philharmonic Gold Coins, you can find them on eBay:
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