Welcome back to Something About Coins! The first article reveals the U.S. Mint's latest coin production figures, while the second points out the buying opportunity for recent low mintage coins. A fine collection of Barber halves is up for auction and the third article describes it. Recent buried treasure is the topic of the fourth piece. The treasure is $10,000 and all of it is in modern U.S. dollar coins. Shifting gears to rare coins, the final two stories describe the higher priced coin market.
US Mint July 2010 Coin Production: Buchanan Dollars Scarcest, CoinNews.net
Breaking a string of four consecutive monthly gains, the coin production pace in July retreated 15.98 percent from June according to newly published United States Mint mintage figures. Coin levels fell across the board, with the exception of Roosevelt dimes which shot 33.5 million higher than the increase in June. Three major coin production events occurred in July: Total production hit 3,597,430,000, topping the entire 3,548,000,000 output reached in all 12 months of 2009; James Buchanan Presidential $1 coin mintages ... Click for coin article
Buy key dates before prices jump, NumismaticNews.net
Well respected collectors and numismatic commentators such as David Bowers and David Hall have publicly voiced concerns about the graying of our hobby and among certain series the aging of the collector base is likely a justifiable concern, but there are two important bright spots on the horizon whose impact will likely be felt for the next 30 years or more and the direction they carry the market may not be obvious at first glance. The U.S. Mint is successfully using circulating collector series like the 50 state quarters ... Click for coin article
All-Time Greatest Collection of Barber Half Dollars to be Auctioned in Boston, Part 1, CoinLink.com
On Wed., Aug 11, during the Platinum Night event of the Summer 2010 ANA auction in Boston, the all-time greatest collection of Barber Half Dollars will be auctioned. This set was assembled and consigned by Dr. Steven Duckor. Here in part 1, I will introduce Dr. Duckor's collection, mention the last two coins that were added, focus on his 1904-S half, and discuss the evolution of his set of Barber halves. In part 2, the historical and cultural importance of this set will be ... Click for coin article
The Pirates Are Puppets, but The Treasure (They Say) Is Real, CityRoom.blogs.NYTimes.com
Ignore the puppets for a moment. Set aside the narrative of a ragtag team of incompetent pirates. And look past the fact that the two men behind the videos featuring the pirates refuse to identify themselves. Focus on the gold. Because these two men, artists in their 30s, swear they have it buried somewhere in New York City: a wooden chest containing $10,000 in golden dollar coins hidden in a place where you can plant a shovel ... Click for coin article
Aging Baby Boomers and Rare Gold Coin Prices, RareGoldCoins.com
I recently received an email from a collector who asked what I thought were an extremely intelligent group of questions. In a nutshell, he asked the following. As boomers age, are we nearing a bubble in coin prices? At some point will the number of collectors with the financial means to collect rare gold decrease and will prices suffer accordingly? Go to any coin show and you will see a disturbing trend. The buyers of most "serious" coins (i.e., coins priced at $1,000 and above) are ... Click for coin article
Rare Coin Market Update: Is there a heat wave?, StellaCoinNews.com
It Sure is Hot Out Here… It's been a while since my last market report, so I'm long overdue writing this entry. The coin market has been humming along steadily and business has been pretty good. Not great, but good. I've been reading blogs from other dealers and most often I get the vibe the the coin market is "really hot" or "just about to be really hot", or something to that effect. Ok, I know it's blasphemy to write more sobering truths but the fact is a lot of that is just "hot air". It is true that ... Click for coin article
Thanks for reading!
