Welcome back to Something About Coins! New rolls of the Abraham Lincoln Presidential dollar coins will be available from the U.S. Mint on Thursday, per a recent press release. A summary of current coin legislation, including the 2011 Medal of Honor Gold and Silver Coins, is the second topic while an evaluation of past modern commemorative coins and their investment value is third. Wedding coins, an Abbot's gold coins, and 20th century gold coins are also discussed. Enjoy!
Abraham Lincoln Presidential $1 Coin Rolls, CoinCollectingNews.org
Collectible rolls of Presidential $1 Coins bearing the portrait of President Abraham Lincoln will be available for purchase directly from the United States Mint starting at noon Eastern Time (ET) on November 18. The rolls contain 25 circulating-quality coins struck on the main production floors of the United States Mint facilities at Philadelphia or Denver. The coins are wrapped in specially designed packaging that displays the mint of origin ("P" or "D"), the face value of its contents ("$25") and the United States Mint logo. The Abraham Lincoln Presidential $1 Coin rolls ... Click for coin article
Coin Legislation Passed into Law or Awaiting Action, CoinNews.net
As we know, the United States Mint does exactly what it is told by law. In order to understand what the U.S. Mint will do in the future, it is necessary to follow coin-related laws that are introduced and passed in Washington, DC. Watching congress could be a sport in itself. But for our purposes, we limit the viewing to legislation concerning coin and the U.S. Mint. Since congress was in recess until November and the 111th Congress is getting ready to adjourn for the last time before the 112th congress begins on January 3, 2011, it appeared to be a good time to review their numismatic-related work ... Click for coin article
Modern Commems: Unmined Vein of Profits?, NumisMaster.com
Which is better? An old type coin, a genuine rare coin in very fine condition, that you could buy for $30,500 with a recommended holding period of (say) 26 years and a subsequent selling price of $207,500, or a Morgan silver dollar in MS-64 condition that has a selling price of $76, a holding period of a dozen years, and a resale price of $215? If you picked the first, a 1794 silver dollar in very fine condition, with a pedigree going back to the Philip Strauss collection (Stack’s, 1959) at $1,350—next resold at a 1981 Bowers & Merena sale for $30,500 ... Click for coin article
Tradition trumps commercialization, blog.numismaticnews.net/buzz
If the world’s mints needed a make-work project for 2011, they just got it in the form of a royal wedding in Great Britain next year. Prince William plans to marry his longtime girlfriend. For those who remember the wedding of Prince Charles in 1981, the large number of wedding coins issued then will probably look small in comparison. Nowadays there are more mints. They are financially hungrier. They are more commercially savvy. They will capitalize anyway they can on this. But there is also something traditional about all of this, too. If you look at the ... Click for coin article
Nosy Nun Finds $260,000 In Cash, 100 Gold Coins, gothamist.com
A nun at the St. Irene's Church and Monastery in Astoria, home of the miraculous weeping icon, recently turned over $260,000 and 100 gold coins to the cops after finding them in a bag. Sister Christonymphi Fitzpatrick was asked to safeguard the bag left by abbot Metropolitan Paisios Loulourgas when he traveled to Greece, but became suspicious and opened it. She turned it over to the police after finding the cash inside. But according to the parishioners, it's not as sketchy as it looks! When asked what they thought the money would be used for, one told the Post ... Click for coin article
Why Don’t More People Collect 20th Century U.S. Gold Coins by Date?, RareGoldCoins.com
Why don’t more people collect 20th century gold coins by date? The four major designs (Indian Head quarter eagles, half eagles and eagles and St. Gaudens double eagles) are clearly among the most beautiful United States issues ever released. They are relatively short-lived and none of them are impossible to complete due to fabulously expensive or incredibly rare individual dates. So why, then, do these series lag such non-gold 20th century designs as the Lincoln Cent, Buffalo Nickel, Mercury Dime and Walking Liberty Half Dollar when it comes to ... Click for coin article
Thanks for reading!
