Welcome back to Something About Coins! Here are a few summaries of interesting articles circulating the web.
Next week, the U.S. Mint will release the last 2009 redesigned pennies. The launch ceremony for the "Presidency Cent" will take place in Washington, D.C. at the Ulysses S. Grant Memorial at 10 AM on Thursday, Nov. 12. If you want to get some of these pennies, they will be exchanging them after the ceremony and also at two other locations in D.C. According to online articles, one will be at the U.S. Mint's sales outlet at Union Station, and the other will be at the U.S. Mint's headquarters.
2009 American Buffalo proof coins were released last Thursday, and they've sold 19,468 as of Sunday. It's incredible. When you look at the 2008 version, they sold a total of 11,660 individual one ounce proof Buffalos and 7,931 more in the 2008 four coin set. Together, that's 19,591 for the 2008 proof Buffalos. I'm sure the 2009's have beat the 2008's by now. I hope to Mint has enough planchets to meet demand.
We've got more scoop about those ten 1933 Double Eagles that were confiscated by the government in 2004 and are now in the middle of a lawsuit. NGC announced today that they've graded those ten 1933 Saint-Gaudens $20 gold coins for the U.S. Secret Service, because the coins needed to be authenticated. NGC said, "The grade distribution of the ten coins is as follows: one example, which is believed to have been a pocket piece, grades NGC UNC Details, Improperly Cleaned; six coins grade NGC MS64; two grade NGC MS65; and the finest example is a lone NGC MS66."
There is good news for people who are selling coins. NumisMaster.com has reported seeing higher premiums on almost all older U.S. gold type coins - the Type 1 $20 Liberty in particular. And, they report higher prices for precious metals is making it challenging to keep up with changing coin values. Demand is increasing for Mercury dime series and Walking Liberty half dollars, and the 1927-D and 1929-D (Mint State) Mercury dimes are presently very undervalued.
One of the most famous 1913 Liberty Head nickels, the Olsen specimen, will be auctioned by Heritage Auctions January 6-10, 2010 in Orlando, FL, according to a report from Coin World. CoinLink.com published a very informative article about the history of the rare 1913 nickels. Only five were known to be struck. The one that is reported to be up for auction is graded PR-64 by NGC, and was once owned by B. Max Mehl, Egyptian King Farouk, James, Kelly, and Fred Olsen. It was also the center of a plot on a Hawaii Five-O episode, if you can remember that TV series. Images and descriptions of all five famous 1913 Liberty Head nickels are in the article.
See you tomorrow!
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