Welcome back to Something About Coins! Updates for several coin topics follow. Proof platinum Eagles moved to waiting list status, coin collectors are being called to action, shipwreck gold was stolen from a museum, the coin doctor lawsuit got a new development, and Buchanan's Presidential dollar coin launched. Enjoy!
Platinum Eagles Inventory Depleted, US Mint Adds Standby List, CoinNews.net
All 10,000 of the newly released 2010 Proof Platinum American Eagles have been purchased. Still interested buyers will now see the U.S. Mint's "Waiting List" option when visiting the coin's online information page. The list feature has become a staple for newly sold out products, providing an opportunity for the Mint to fulfill standby orders if older orders are canceled. "The number of orders we have taken meets the maximum limit for the 2010 American Eagle One Ounce Platinum Proof Coin," the Mint notice states ... Click for coin article
Call to Action, IRS 1099 Reporting: Coin, Currency and Precious Metals, NumismaticNews.net
Calling all collectors, dealers, vendors and others to strongly support H.R. 5141 and the companion S. 3578 the "Small Business Paperwork Mandate Elimination Act," which if passed into law, would repeal the onerous paperwork burdens imposed on business by the ill-conceived expanded information reporting mandate contained in Section 9006 of the "Patient Protection and Affordable Care Act" (PPACA). This provision was used as an unrelated "pay for" in the PPACA and it should be rescinded ... Click for coin article
Gold Shipwreck Bar Valued at $550,00 Stolen from Mel Fisher Museum, CoinLink.com
One of the most iconic and best-known objects' at the Mel Fisher Maritime Museum was taken. The gold bar came from a 1622 shipwreck that Fisher discovered. The Mel Fisher Maritime Museum in Key West, Florida holds the richest single collection of 17th-century maritime and shipwreck antiquities in the Western Hemisphere, including treasures and artifacts from the Atocha and Santa Margarita. It was reported that two thieves entered a museum shortly after closing at 5PM and stole a 74.85-ounce, 11-inch (28-centimeter) gold bar ... Click for coin article
Action starts in September, Blog.NumismaticNews.net/buzz
During the American Numismatic Association World's Fair of Money, David Hall of the Professional Coin Grading Service and the firm's attorney, Armen Vartian, reported that they were continuing to gather evidence in the firm's lawsuit concerning coin doctoring, but also, they are narrowing the number of named individuals being sued. They had a bit of good fortune, which they shared. A package of coins that was intended to be sent to a coin doctor apparently was inadvertently shipped to Numismatic Guaranty Corp., another ... Click for coin article
Proof bullion prices fall, CoinValuesOnline.com
Proof American Eagle gold coins have provided some sparks in the marketplace this past year, but the fast fall in prices over the past several weeks serves as a reminder that what goes up usually comes down. Some major buyers have stopped buying these and prices have fallen sharply. For some smaller dealers who were stockpiling the coins in anticipation of continued demand, the change in the market means they have lost substantial money, for now, as the coins are now worth substantially less than ... Click for coin article
The Magnificent 2010 99.99% Pure Gold Caribou Coin from the Royal Canadian Mint, Blog.BeautifulCoins.com
The Royal Canadian Mint's spirit of innovation shines bright with this all-new pure gold coin featuring the caribou design from the traditional 25-cent circulation coin. The 25-cent coin that entered circulation in 1937 as part of a new, modern coin series was introduced to better reflect Canada's national identity. The Arctic, as essential a theme now as then, was the inspiration for Canadian sculptor Emanuel Hahn (1881-1957) who created this enduring image of a caribou; a design that has not ... Click for coin article
US Mint Launches Buchanan Presidential $1 Coin in Ceremony, CoinCollectingNews.org
Beginning August 19, the Nation will see Presidential $1 coins bearing the image of James Buchanan, the Nation's 15th President. To commemorate the release of the new coin, the United States Mint hosted a launch ceremony on the grounds of Wheatland, Buchanan's beloved home, in Lancaster, Pennsylvania. "In a few short weeks, Americans will begin to see James Buchanan Presidential $1 Coins and will be reminded of his place in history," said United States Mint Deputy Director Andy Brunhart ... Click for coin article
Thanks for reading!
