Welcome back to Something About Coins! Today's stories span a few different topics. The U.S. Mint's recently released proof American Platinum Eagles were slightly more affordable yesterday, which may have thrilled some collectors. One collector, who was certainly thrilled but not because of falling prices, was lucky enough to have a few stolen rare coins recovered, thanks to an art loss register. And Hong Kong will be hosting a coin auction that will feature rare coins from around the world. I hope you enjoy today's coin news below.
Platinum Eagle Prices Cut; Buffalo and First Spouse Gold Prices Raised, CoinNews.net
Precious metal gains and losses kicked in new prices for United States Mint gold and platinum collector coins on Wednesday morning. Normally U.S. Mint coins price adjustments go either up or down, across the board. However, the weekly average for platinum fell as gold rose, resulting in Mint coins moving opposite of each other. The newly released 2010 American Eagle Platinum proof coin went from its launch price of $1,892 to $1,792, falling $100. The Mint's pricing policy relies predominantly on the ... Click for coin article
Art Loss Register Recovers Three High-Value, Historic Coins, ArtDaily.org
It was nearly ten years ago when prominent British coin dealer Stephen Fenton of Knightsbridge Coins purchased five rare coins at a Sotheby's auction in New York. Post-sale, Fenton entrusted FedEx to ship the coins overnight, and as promised, the box arrived next day at Knightsbridge Coins in London. Imagine Fenton's surprise when he opened the package to find it stuffed full of white packing paper but no coins. Law enforcement and FedEx officials were immediately notified. Investigators later determined ... Click for coin article
Collier coin capers get away with $250,000 in rare coins, WINKnews.com
Two teens allegedly stole $250 thousand worth of rare coins from a widow and tried to cash them in at a Publix change machine. Detectives tell WINK News 18-year-old Juan Despirito and 18-year-old Kristee Mcardle burglarized the widow's home on 15th Avenue Southwest last Friday ... The teens allegedly tried to cash in the coins at a nearby Publix change machine. Deputies say some of the silver dollars didn't fit and sold them to workers at the supermarket. Detectives tell Wink the pair was caught on surveillance video ... Click for coin article
TD Bank's Penny Arcade: An Investment With a 58% Return, ConsumerismCommentary.com
I'm generally a fan of TD Bank and my local branch's generous operating hours, and I'm also a fan of the bank's coin counting machine called the Penny Arcade. After my interesting experience last weekend, I'm an even greater (and slightly wealthier) fan. Last weekend, my girlfriend and I counted the coins in our coin jar and took them over to the local TD Bank branch about a half mile from my apartment. TD Bank has a coin counting machine called the "Penny Arcade." It is similar to the Coinstar machines in grocery stores, but it's free to use ... Click for coin article
How to Cash In on Rare Coins, Online.WSJ.com
George Lim began his coin and banknote collection 30 years ago with a single note, the first 10,000 Singapore dollar bill he received. "As soon as I made that amount, I saved it to remember it," says Mr. Lim, a Singaporean real-estate developer, whose collection today includes over 100 rare coins and banknotes. Mr. Lim plans to auction 68 coins and notes from his collection in Hong Kong on Aug. 22. He hopes to cash in on growing interest in collectibles from mainland Chinese buyers who've already pushed up the price ... Click for coin article
Upcoming Champion Hong Kong Auction features a selection of Chinese coins from the Ultima Collection, NGCcoin.com
All coins in the August 22 auction are certified by Numismatic Guaranty Corporation (NGC). The Ultima Collection features some of the most important Chinese and East Asian coins in existence. Among the auction listings are Chinese Empire minor Silver and Copper coins from a long-standing American collection. Also presented is a group of Copper Pattern coins from another American collection, including an extremely rare Yunnan Dollar ... Click for coin article
Champion Hong Kong Auction to Feature Tibet's First Gold Coin, CoinLink.com
Tibet's first gold coin has a very unique trait: it weighs 6.53g. While this legendary gold coin shares the same weight as the Chinese Kuping 1 Mace, it is not a common weight for Tibet. An absolute rarity, only six silver examples from the same dies have been found and, as of today, there are no known Tibetan gold coins struck to the same standard. For this reason, many believe it was struck for presentation purposes. On August 23 this extremely rare gold coin, rated AU with an estimated price range US $30,000 – 60,000, will be one the ... Click for coin article
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