Welcome back to Something About Coins! The new proof platinum eagles are gone, and the U.S. Mint will make a commemorative coin to honor the writing of the national anthem, the Star Spangled Banner, according to the latest news circulating the internet. A rare 1856-O gold double eagle, that surfaced after being held by a family for almost a hundred years, will be in the next Long Beach coin auction by Heritage. Those stories, plus more about family heirlooms and auctions, are below. Enjoy!
2010 Platinum Eagles Officially Sold Out, WorldMintCoins.com
Taking less than 11 days from its initial release, the US Mint has officially placed the 2010 Proof Platinum Eagles on its "No Longer Available" list indicating it is now officially sold out. The coin was first offered to the public on Thursday, August 12, 2010 at Noon (Eastern). Initial price of the strike was $1,892 each, with a household limit of 5 in place. Jump ahead just a few days and the Mint indicated it had sold an amazing 8,268 of the coins from its release through to the following Sunday. This accounted for ... Click for coin article
Star Spangled Banner Commemorative Coins for 2012 Bicentennial, CoinNews.net
President Obama signed legislation into law on Monday, August 16, that authorizes the United States Mint to strike 2012 Star Spangled Banner commemorative coins. Public Law 111-232 was introduced as H.R. 2097 in the U.S. House by Rep. Dutch Ruppersberger on April 23, 2009. It passed in the House on September 9, 2009, and in the Senate on August 2, 2010. Entitled the Star-Spangled Banner Commemorative Coin Act, the new law authorizes up to 600,000 coins to celebrate the bicentennial ... Click for coin article
New Coin Discovery: 1856-O Double Eagle Discovered in Ohio to Be Offered At Long Beach, CoinLink.com
This recently discovered coin made front-page news in the July 26, 2010 Coin World, with a headline proclaiming "1856-O gold double eagle surfaces in Ohio." The double-decker headline added, "Rarest New Orleans Mint gold coin in family holdings." Numismatic researcher John W. McCloskey relates in detail how this rare coin–one of about 20 to 30 1856-O twenties known–was turned over to him for evaluation as part of a "small accumulation of gold coins held by a family in Ohio for nearly 100 years." The ... Click for coin article
Treasure trove found in Dronfield, News.BBC.co.uk
The luckiest find many people ever make is a washed out ten pound note in their back pocket. But a family from Dronfield have made a much more lucky discovery. It happened when they decided to get rid of an old mahogany box that had been kicking around their house for 30 years. Inside they discovered a small fortune. On opening the box, a locksmith revealed drawers filled with 1500 coins, some dating back 2000 years. Auctioneers at ELR in Sheffield were surprised at how much they sold for. Rob Lea from ... Click for coin article
Will There Be a New Attitude to Type, NumismaticNews.net
Type collecting received a shot in the arm in terms of publicity with the publication of A Guide Book Of United States Type Coins by Q. David Bowers. The book is perhaps the first real analysis of collecting by type and in all probability it will make a significant difference in the interest in type collecting and prices of key type coins as the years go by. In reality there has really been very little attention paid to type coin collecting in numismatic literature in large part because there are few, if any individuals ... Click for coin article
Top 5 Ways to Avoid Fake Coins on eBay, Coins.About.com
Learn How to Buy Coins Safely From Internet Auctions. Thousands of fake coins are sold every month on eBay. If coin collectors would follow these five simple steps, not only would they not get saddled with fakes, they'd help put the counterfeiters out of business! Never Buy Coins From Chinese Sellers. When you buy coins, look to see where the person is shipping the coin from. If it is China or Hong Kong, do not bid! No matter how appealing ... Click for coin article
Thanks for reading!
