Welcome back to Something About Coins! Today the U.S. Mint introduced their 2010 American Eagle Proof Gold Coins to the market, as described in the first article. Gold and silver prices have been steadily rising lately, so there are a few more articles below to explain. In other news, Coin of the Year nominees have been announced by Krause Publications and celebrate beautiful world coins. Finally, the last article offers tips and warnings about buying graded coins on ebay. Enjoy!
2010-W Gold Eagle Proof Coins Available, CoinNews.net
The United States Mint today started selling the four eagerly awaited 2010-W American Gold Eagle Proof Coins. 2010 marks the 24th year of issue for the popular 22-karat gold coins which were introduced in 1986. Deeper anticipation surrounds this year's collector proofs after they were canceled in 2009, stunning collectors. The U.S. Mint is required by law to produce bullion coins in quantities to meet demand. The same is not true for the collector or numismatic eagles. Last year, gold planchets supplies were strained and dedicated to ... Click for coin article
Perth mint inundated as gold price soars, theaustralian.com.au
Demand for gold investment products at the Perth Mint has risen as much as 25 percent in the past month. The demand follows the yellow metal continuing its bull run to new record highs. "When the gold price soars we get inundated. We would have seen a 25 percent increase in business just in the past month," said Perth Mint Depository treasurer and manager Nigel Moffatt. He said demand was more for the mint's depository products, which allow investors to buy both unallocated and allocated metal that is then stored by the mint ... Click for coin article
Gold's astounding ride, coinvaluesonline.com
Gold continues to astound as it broke the $1,300 ounce level for the first time on Sept. 28, closing in New York at $1,306.60 an ounce. The next day, gold hit a high of $1,313.20 before closing at $1,308.50. In a nice contrast to the previous week's House Subcommittee hearings focused on fighting fraud in the sale of gold coins, the Sept. 29 Wall Street Journal featured a front-page story that was overwhelmingly positive about gold's potential to top $1,500 next year. It focused on investors' growing desire to hold actual gold in the form of coins ... Click for coin article
Junk Silver Coins Soar in Value, SilverCoinsToday.com
With silver prices rallying to levels that have not been seen in 30 years, interest in United States coins that circulated in 1964 and before has skyrocketed. Many of them include silver, and those that do are worth far more than their face values. Bags and rolls of these "junk silver coins" have become hot items, and harder to find. Junk silver coins, a term often used to describe older coins that have no real worth to collectors but contain 90% silver, have intrinsic values that have soared right along with silver prices. Simply stated, "intrinsic value" is the ... Click for coin article
Precious Metals Quotes Can Help You Invest, burbank.com
Get the right quotes and start making money. If you're looking for a way to build a portfolio in a stable market, there are many things to consider. With so much uncertainty in the economy, it can be scary to consider getting started in a new market. Building financial security is all about finding a safe market to invest in. Precious metals like gold, silver, palladium, and platinum can offer much stability in spite of a relatively unstable global economy. Understanding precious metals quotes can help you find the best ways to invest that will let you find ... Click for coin article
Krause Publications Announces 2011 Coin of the Year Nominees, NumisMaster.com
United States based publishing company, Krause Publications, has announced the nominees for the 2011 Coin of the Year awards. Each year, the awards honor the best in coin design from around the world. The awards will be presented at a ceremony during the World Money Fair in Berlin, Germany in January, 2011. The coins nominated for this year's awards were released in the year 2009, and represent the highest achievement in theme, design and marketing from mints and central banks from around the world. A panel of judges ... Click for coin article
The "Graded Coin Value" Fraud at Online Auctions - Learn to Protect Yourself, coins.about.com
How Online Auction Sellers Use Coin Grading Services to Defraud Coin Buyers. Buying coins from online auction sites such as ebay can be a good way to find a bargain, but it can also be a good way to get ripped off! One of the most rampant coin-related frauds on ebay is the "graded coin value" fraud. The graded coin value fraud works like this: The unscrupulous seller will post an auction for a coin that has been graded by a "third tier" grading service, and then claim the value of the coin according to PCGS graded values. This is frequently done in lots ... Click for coin article
Thanks for reading!
