Welcome to Something About Coins! New coin issues and updates from the FUN convention dominated coin news over the weekend.
Numismatic News announced the 2010 Native American dollar ceremony will take place at the Smithsonian National Museum of the American Indian in New York City on Jan. 25th. The article said, however, the event is still tentative and only a few details were available. The new coin has an updated reverse image with a Hiawatha Belt, five arrows, and the inscriptions say "United States of America, $1, Haudenosaunee, Great Law of Peace."
NGC posted their 2009 Registry Award Winners on their web site. The overall Grand Prize Winner was the Chappell Collection Morgan Silver Dollars 1878-1921 Proofs. The competition consisted of several categories. Each winner's set was described and linked for more details plus images. NGC stated they chose the winners from a pool of over 50,000 registered sets.
The first of the 2010 Canadian Collector Coins and gift products this year were released by the Royal Canadian Mint last Friday. The flagship of the annual collector coin program is a proof silver dollar coin marking the Canadian Navy's centennial celebration. Other coins consist of gold $300 British Columbia Coat of Arms, $200 Petroleum & Oil Trade, and $100 Hudson Bay's Discovery 400th Anniversary. CoinNews.net posted images of each, with descriptions and prices, as well as the link to the Mint's web site.
SilverCoinsToday.com reported the 2010 Canadian UHR Sun Coin sold out. The special proof silver coin went on sale last October, with a mintage of only 5,000. The article claimed it was only the second proof ultra high relief from the Royal Canadian Mint. The coin featured an image of a sun with facial characteristics like eyes and a mouth. The sun bulges outward from the face of the coin.
Very positive reports came in about the FUN Show and convention in Orlando over the weekend. First, Dave Harper blogged about the feeling of being in Heritage's auction room when history was being made. He said the Olsen-Hawn 1913 Liberty Head nickel sold for over $3.7 million. In his next post, he reported the bourse floor activity at the convention was alive, or "a consistent buzz" as he put it.
Next, CoinLink.com published Legend Numismatic's Market Report by Laura Sperber. She was excited about the big coins that were offered at Heritage's auction at FUN. Legend purchased the 1927-D $20 Saint-Gaudens gold coin in PCGS MS-66, the Eliasberg-Blay 1807 quarter in PCGS MS-67, and two coins from Jay Brahin's Saint-Gaudens Collection. They were the 1924-D and 1926-D, both graded by PCGS in MS-65. The report ended with what's hot and what's not.
Even John Dale of Heritage was excited about the FUN auction's outcome, and blogged about it. He said Heritage has been the only firm to auction three coins for over one million dollars each, as single lots, in one sitting. He went on to say that Heritage did it before, in 2005, and described the event. As for who bought the 1913 Liberty nickel over the weekend, no one will say.
Finally, I want to mention Paul Green's analysis about how historic coin hoards effected values. He examined about eight different hoards and compared the values in 1998 to their values today. The Randall Hoard of large cents, the 1857-S Coronet Head double eagles, and the 1950-D Jefferson nickels were just a few that were described.
Thanks for reading and see you tomorrow!
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