Welcome back to Something About Coins! It looks like the 2010 Proof American Gold Eagles will become a reality, and Silver Eagle production may be hitting a critical point, according to the first two articles in today's coin news. More details and definitions are discussed in the coin doctoring legal case, and news of an unlucky thief who stole a gold coin can also be found in the stories linked below!
2010 Proof Gold American Eagles in Production for October Release, CoinNews.net
CoinNews.net speculated earlier this year about the production chances for 2010 Proof American Gold Eagles. Throw past speculation out the window. The United States Mint is already producing and will sell four different sized proof Gold Eagles later this year, U.S. Mint spokesman Michael White confirmed Tuesday, September 7. However, 2010 Proof American Silver Eagles are still in question. An exact date is yet to be announced but the one-ounce, half-ounce, quarter-ounce and tenth-ounce proof 2010 Gold Eagles are expected . .. Click for coin article
US Mint Silver Eagle Sales Nearing Domestic Silver Production, SilverCoinsToday.com
In Title 31 of the US Code, the United States Mint is required by law to supply "in quantities sufficient to meet public demand, one dollar silver bullion coins of specified size, weight, and design." This law is widely referenced, and I have criticized the US Mint in the past when it fails to meet consumer demand because of poor planning, despite the availability of silver. However, there is an incredible amount of confusion about a second law which allegedly states that the US Mint must supply its silver "blanks" from ... Click for coin article
Coin Rarities & Related Topics: Defining Coin Doctoring and Dipping, Additions to the PCGS Lawsuit Against Alleged Coin Doctors, CoinLink.com
Over the last forty years, especially from the late 1990s to 2006 or so, the coin collecting community has suffered from the terrible problem of coin doctoring; coins are deceptively altered for the purpose of tricking experts, particularly those employed by the PCGS and the NGC, into concluding that a coin is of higher quality than it was before it was doctored. The process of doctoring a coin reduces its level of quality and, in many (though not nearly all) cases, permanently damages ... Click for coin article
Man charged in theft of $9,000 gold coin from Vero Beach store, TCPalm.com
A gold coin worth more than $9,000 was stolen from a collectors' store, but the 18th century Spanish treasure made its way back to the store within a few hours, police said. Christopher William Saunders, 27, ... knocked over a book of coins from a counter, according to the arrest affidavit. Inside the book was the gold coin police said Saunders stole ... Saunders ... sold it for $167, his affidavit states ... Click for coin article
Not about coins but talks about missing gold bars: Russian Submarine Hunts Clues to Century-Old Mystery, Spiegel.de
The Czar's Lost Gold. Legend has it that almost a century ago a series of railway wagons stuffed with gold sank into the depths of a lake in Siberia. This week, researchers, exploring the depths by submarine, may have found the Russian royals' lost gold. As Bair Tsyrenov slowly guided his Mir submersible up an underwater slope, a shimmer of gold was caught in the vehicle's headlights, 400 meters (1,300 feet) below the surface of Lake Baikal. First the ship's three-man crew discovered ... Click for gold article
Crazy places people hide money, WalletPop.com
If you're looking to stash some cash at home, you don't want to hide it somewhere obvious -- like under a mattress or in your dresser drawer. You want to put it some place that no sticky-fingered person would think to look. No matter what it's meant for -- emergencies, a vacation fund, fun money -- we asked our readers where they squirrel away their secret cash. Some of the responses were quite clever. Here are 16 creative places people hide their money ... Click for money article
£42.9 million down the back of Britain's Sofas, EveryInvestor.co.uk
When it comes to making the most of loose change Brits are not looking after the pennies, as two thirds of Brits (65 per cent) regularly find loose change in a variety of places which could be put to better use, reveals New research from Halifax. With the average Brit thinking they have £1.61 in loose change down the back of the sofa, the nation could literally be sitting on £42.9 million, says Halifax. Unsurprisingly, pockets top the loose change league table with two fifths (39 per cent) of Brits regularly finding loose change in them ... Click for coin article
'Coining it' - recession-hit Irish raid piggy banks, BBC.co.uk
Irish people have literally raided their piggy banks when faced with stringent money saving measures and the longest recession in Europe. The number of coins issued by the Irish Central Bank last year was less the half of the 2008 total. At the same time, the bank took 23m euros worth of coins out of circulation in 2009. This was because of the extra supply from coin jars across the country. In its annual report, the central bank said that the lower demand for coins "may reflect a reduction in hoarding of such coins as economic activity weakened" ... Click for coin article
Thanks for reading!
