Welcome back to Something About Coins! Checking in on the latest coin news reveals the U.S. Mint is preparing to launch the Abraham Lincoln Presidential Dollar Coin. Also in the news is information about making money while selling coins and recent coin crimes. The newest colored 25-cent poppy circulation coin from the Royal Canadian Mint is making an appearance as well. Enjoy!
Abraham Lincoln Presidential $1 Coin Ceremony on Nov. 19, 2010, CoinCollectingNews.org
The United States Mint will introduce the Abraham Lincoln Presidential $1 Coin on November 19, the 147th anniversary of the delivery of his famous Gettysburg Address. The ceremony will take place 10 a.m. Eastern Time (ET) at President Lincoln's Cottage located on the grounds of the Armed Forces Retirement Home in northwest Washington, D.C. Following the ceremony, the public can exchange their cash for 25-coin rolls of the Abraham Lincoln $1 Coins. Children 18 years old and younger will receive a new Abraham Lincoln $1 Coin to ... Click for coin article
Want 10 times the face-value of your coins?, 9wsyr.com
With prices for gold and silver near record highs, consumers may find some extra holiday spending money lurking inside their coin jar or jewelry box. Wednesday, gold closed at $1,399.10 per ounce and silver was priced at $28.86. Chris Fernandez, owner of the Pawn King chain, says he and his employees have done a lot of counting and weighing lately. "Every minute of my life my phone is ringing people are asking me how much you paying for this, how much you paying for that," he said. Fernandez says ever since he's been able to pay more for gold ... Click for coin article
Coins and the Law: Recent Stories on Numismatic Crime, CoinLink.com
The Manhattan DA’s office announced the indictment of a “rare coin broker” who allegedly convinced an elderly woman and her daughter to invest their life savings in rare gold and silver coins, and then stole $430,000 worth of the coins back from them. The “Coin Broker/Advisor”, Stephanie Brown of Paradise Valley, Arizona, has been charged with grand larceny, fraud and forgery to name a few, and DA Cy Vance said, “The defendant preyed upon the victims’ fears of a national financial collapse and convinced them to sink their life savings into collector coins.” ... Click for coin article
Don't bank on new 9/11 coin, amny.com
The company behind a bogus 9/11 commemorative coin may be at it again, this time with a medal marking next year’s 10th anniversary of the terrorist attacks. TV spots for the latest offering by Port Chester-based National Collector’s Mint show a gold-plated coin with 3-D silver pop-ups of the Twin Towers and the USS New York — the ship made from WTC steel. The ads claim that the silhouettes are made from actual silver recovered from Ground Zero. The coin also features the FBI insignia, which ads say was acquired through ... Click for coin article
US Mint Sales: 2010 Gold and Silver Eagle Bullion Coins Explode, CoinNews.net
The latest round of U.S. Mint sales figures are mixed for numismatic products, but resoundingly explosive for 2010 Gold and Silver Eagle bullion coins. The bullion coins have been on fire during the last few days, capping one of their best seven-day runs this year and making a week-over-week sales comparison a waste of time. Gold Eagle bullion coins increased across the board — a rare occurrence given how the fractional sizes seldom move in tandem. One ounce Gold Eagles rallied 24,000, bringing their year-to-date total above the 1 million marker. That ... Click for coin article
New red poppy coin introduced in Canada, montrealgazette.com
For the third time since 2004, the Royal Canadian Mint has issued a circulation quarter emblazoned with a red poppy in honour of Remembrance Day. Similar to the coins released in 2004 and 2008, the new quarter bears the symbol of remembrance in place of the caribou and was developed in association with the Royal Canadian Legion. "As Canada pauses to reflect on the meaning of remembrance, the mint is proud that the 11 million coloured 2010 25-cent poppy circulation coins now in circulation solemnly honour Canada's fallen, surviving veterans and active troops," said ... Click for coin article
Thanks for reading!
