Welcome to Something About Coins! If you enjoy hunting for special coins in circulation, you'll enjoy the first three linked articles. If you prefer to buy special coins, you'll appreciate the fourth article.
U.S. Mint Director Moy explained 2009 and 2010 mintages as well as coin distribution at the U.S. Mint Forum and posted on CoinNews.net. He reiterated the role of the Mint was to produce coins, and it's the Federal Reserve's job to distribute them to banks as needed. Banks did not need many coins in 2009, so mintages were low. Moy said the Federal Reserve projected 2.2 billion new pennies will be needed this year.
David C. Harper talked about the role of banks providing coins and the larger picture. Collectors looking for a bank that provides the latest released coins, like Lincoln cents and presidential dollars, need to keep in mind that getting new coins isn't a bank's biggest activity. Harper insinuated collectors could establish a long-standing relationship with the bank via accounts and loans.
WalletPop.com did a video about converting loose change into cash. They discussed rolling coins, buying a coin sorter, and using CoinStar. One thing they forgot to mention is looking for rare or error coins in their loose change. You know what I'm talking about, Susan Headley's Top 10 Most Valuable or for more, it's Brian Allen and Ken Potter's Strike It Rich with Pocket Change.
CoinLink.com published an article from Doug Winter revealing tricks for coin buying. He expounded on choosing coins that are aesthetically appealing, constantly in demand, and have been pre-screened in person. He said if you're not attending an auction, then pick a trusted representative to inspect the coin before buying.
The 2010 American Veterans Disabled for Life commemorative silver dollars are now available, CoinCollectingNews.org reported. Mintage limits total 350,000 for proof and uncirculated versions, and prices are discounted until March 29. Special inscriptions on the coin say, "Take This Moment to Honor Our Disabled Defenders of Freedom," on the back and, "They stood up for us," on the front.
Thanks for reading and have a great weekend!
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