Welcome to Something About Coins! Here are seven coin articles, covering new releases, auction results, and recent news.
First Strike 2010 Lincoln cent rolls are in high demand already, according to an article from CoinNews.net. Sellers on eBay began promising the 2010 rolls as early as last month, it said, and the price for one 50-coin roll from the launch ceremony in Springfield, IL is around $35. The ceremony will be held this coming Thursday, the 11th. The article also reported the sellers are guaranteeing the rolls will be stamped and canceled by the local post office on the day of release. Some single 2010 cents have gone for around two dollars.
SilverCoinsToday.com described two Austrian Mint's 2010 Winter Olympic coins. The silver coins were released recently and are expected to sell out, according to the article. Both coins have a face value of 5 euro and are made of 80% silver. The Ski Jump Coin shows a skier in mid-flight with trees in the background. The image on the Snowboard Coin is of a snowboarder in the air holding the board in one hand with the half-pipe in the background.
Paul M. Green wrote about the 1926-S Buffalo Nickel on NumisMaster.com. Its mintage was reportedly 970,000, but a G-4 goes for about $20 and a MS-60 is about $4,950. He considered a few logical pricing factors and how they don't apply to this date. Green believes that the odds are good that its prices won't drop, and it's " ... safe to suggest that the 1926-S has been discovered."
A Numismatic News' report was posted about the Coin of the Year ceremony in Berlin. The article described some of the award winners and who represented the winning mints and banks. The World Money Fair was the COTY awards venue because many top officials attend and the coin show is very large. The article included pictures of Dave Harper with several top officials plus a Facebook link to see many more images from the ceremony and fair.
Coin Values recounted a few top-selling, recently auctioned Saint-Gaudens in an online post. The market for high-end Saint-Gaudens remains healthy, the article claimed. It stated a 1907 High Relief Saint $20 graded PR-68 by NGC went for $230,000, and a 1921 double eagle graded MS-65 by PCGS realized $862,500. Another 1921 Saint, graded MS-62 by NGC, sold for $143,750.
Laura Sperber gave a Long Beach Show market report on CoinLink.com. Sperber noted the price of gold dropped during the show and impacted dealers. The Goldberg and Heritage sales were included in the report, and Legend Numismatics reportedly spent several hundred thousand during those auctions. Hot coins were high quality rare coins, but the report said few were on the floor.
Washington's governor Chris Gregoire included taxing bullion sales as part of her budget proposal to the State Legislature, The Seattle Times reported. Since 1985 the state employed a sales-tax exemption on gold and silver sold as coins or bars. The Governor's proposal, however, sparked protests from coin and bullion shop owners. The article noted how the new tax could jeopardize coin businesses and coin shows in the state.
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