Welcome to Something About Coins! Today's coin articles start out with news about the U.S. Mint. First, another newly designed Presidential Dollar will hit the streets this month, and a story about the latest quarter ceremony is next. Gold is the main topic for the remaining ones, including the Mint's American Gold Eagle July output, some collecting advice, and San Francisco's older Double Eagles. Enjoy!
Buchanan Presidential $1 Coin on Sale August 19, CoinCollectingNews.org
The 15th coin release in the United States Mint Presidential $1 Coin Program will go into circulation on August 19, 2010. The design on this Presidential $1 Coin honors James Buchanan, our Nation's 15th President. The United States Mint will celebrate the coin's release with a ceremonial launch and coin exchange at Wheatland, the former President's home, in Lancaster, Pennsylvania on August 19. The ceremony will start at 10 a.m. Eastern Time. The coin's obverse (heads side), by ... Click for coin article
Stamped quarters popular, NumismaticNews.org
Postal cancellations on rolls were as popular or even more so than the new Yosemite National Park quarters themselves at the July 29 debut ceremony held at the famous California park. Mint Director Ed Moy and Yosemite National Park Superintendent Don Neubacher officially introduced the new design, which is the third one of five planned for 2010 ... "Once the ceremony ended, the rush for the quarters began as we purchased our limits. The confusion began when the hundreds flocked towards the Yosemite Post Office ..." Click for coin article
Gold Eagle July 2010 Sales: 1 oz Eagles Rise, Fractional Sizes Plunge, CoinNews.net
Demand for Bullion 2010 Gold American Eagles climbed in July over June, owing mostly to a renewed interest in the one ounce coins. Conversely, sales of the smaller or fractional gold coins dropped drastically. The United States Mint experienced a rush of orders for the fractional Gold Eagles on June 10 when they were first released to its network of authorized purchasers. Prior to that, buyers were only able to obtain the 1 oz coins which have been available all year long (although 2010-dated coins were ... Click for coin article
Investing in gold: Hidden costs can drive purchase above its value, NevadaAppeal.com
We have all heard the expression, "read the fine print." Well, in coins the same rings true. Terms of sale are very important when you are talking about the bottom line in your purchase or sale. Not all transactions are conducted in the same way at all companies. Here are a few terms of sale to be aware of before making your next purchase or sale. Commissions: In the rare coin and bullion industry there are companies that price their product with a straight price, but there are others who add ... Click for coin article
The Smart Collector: Coin-trading waters are shark-infested, AZStarNet.com
Q: My brother has silver coins from the 16th to 18th centuries, but no idea where to go to have them appraised. What is the value on these? ... A: We get a lot of queries about buying and selling coins. More than most areas of collecting, coins are no place for a novice. The field is full of sharks. Simply put: If you don't know what you're doing, you better know your seller or buyer. That means research. Never, never deal with anyone "cold" ... Click for coin article
NumisMedia Market Report: Carson City Gold Still Attracting Collectors, NGCcoin.com
With the summer coin season upon us, it appears that bullion coins will lead the way for the next couple of months. Bullion sales are supporting the overall coin market as dealers report that more than 50 percent of their sales comprise modern bullion coins and related items. Keep in mind that some dealers do not participate in the bullion market and think business is still good. Of course, most of them deal in high-quality collector coins or high-end rarities, and the collectors unaffected by the weak economy have plenty of money to spend on coins ... Click for coin article
Gold Hunt: Revisiting The Past, Finding Stellar Origins, NPR.org
Reporter Alice Furlaud received an unexpected bonus recently. It began with a letter she found from her late husband, Max, dated 1997 — two years before he died. The letter describes all our assets. There weren't many — only our house and, to my amazement, a list of gold coins. Max was a wonderful writer who won lots of awards for his documentary films, but not much money. And yet, it seems there was this safety deposit box in Gstaad, Switzerland, full of Krugerrands and ... Click for coin article
San Francisco Double Eagles: A Date by Date Analysis Part Three, RareGoldCoins.com
In 1877, a third type of double eagle was created when the reverse valuation was changed from TWENTY D to TWENTY DOLLARS. Liberty Head double eagles were produced with just one interruption (1886) from 1877 through 1907. This is a very easy series to complete as all thirty issues are readily available in the lower Uncirculated grades and many of the post-1890 date can even be found in Gem. I would recommend this series for beginning collectors or advanced collectors who are ... Click for coin article
Thank you for reading!
