Welcome back to Something About Coins! Gold coins and auctions are the two main topics covered in the six coin news articles linked below. The U.S. Mint released their fractional gold coins, and Bowers & Merena will be starting their next big auction live on June 17.
US Mint Sells 310,000 Fractional 2010 Gold Eagle Bullion Coins in Five Days, CoinNews.net
Debuting last Thursday, the 22-karat 2010 American Eagle Gold Bullion Fractional Coins are off to a brisk pace according to the most recent coin sales figures released by the United States Mint. An impressive 310,000 were sold during the first five days amounting to 48,500 ounces of gold. A look at the individual coins sales are shown below ... Click for coin article
First Spouse bottom found?, Blog.NumismaticNews.net/buzz
I have written from time to time about the declining mintage figures of each successive issue of First Spouse gold coins. The excitement of three consecutive rapid sellouts that started the program was replaced by a sense of boredom. Without that motivation of being able to buy a new issue for a quick sale at a higher price on eBay, many buyers simply vanished, reducing the core demand to tried and true ... Click for coin article
A Quick Look at the Current Market for Type One Double Eagles, RareGoldCoins.com
How's the market doing for Type One double eagles? Good question and one that I feel well-qualified to answer, having been a very active participant in this market for over two decades. We've had a lot of interesting external factors shape the Type One market in the last few years. Naturally, the severe economic conditions of 2007-2009 had a profound influence; especially at the high end of the market. And even if the economy had been strong there’s a chance that ... Click for coin article
Coin Rarities & Related Topics: Bowers & Merena auction, Proof 1876-CC dime, and $150 million for the CAC, CoinLink.com
I will not be discussing the most expensive or the rarest coins that are coming 'on the auction block' this week. Rather, I have selected a few that I find to be both newsworthy and particularly interesting. Admittedly, these are expensive. I continue to insist, though, that an understanding of rare coins, and of the values in the coin collecting community, requires knowledge of coins that most collectors cannot afford. Suppose that this column was geared towards art enthusiasts rather than coin enthusiasts. Would it then ... Click for coin article
Rare 215 Year-Old Gold $10 Eagle Brings $117,000 at Inaugural Auction, ArtDaily.org
Bonhams & Butterfields announced a stellar result for the inaugural West Coast auction of Rare Coins and Bank Notes on May 30, 2010. The 1200-lot Los Angeles auction brought more than $2.5-million and featured a diverse group of fresh to market rarities from various owners as well as the Collection of distinguished numismatist Paul Bloomfield. "Virtually all of the lots in May sale found buyers attesting to the freshness of the material and strength in the US market. The 6 hour sale ... Click for coin article
Fake PCGS Slab Diagnostics - How to Detect Counterfeit PCGS Holders, Coins.About.com
When dangerous fake PCGS slabs hit the coin collecting marketplace in March of 2008, PCGS refused to release the diagnostics that would enable the average collector to protect himself from these fake PCGS slabs, using the excuse that they didn't want to educate the counterfeiters about what they were doing wrong. My readers debated slab authentication diagnostics in May 2008 ... Click for coin article
Thanks for reading!
