Welcome back to Something About Coins! It was a big day yesterday for collectors who waited about two years to get their next Proof Silver American Eagle coins. The first two articles describe their debut and popularity. Other coin news linked below include photos from the Lincoln Presidential dollar launch ceremony, Coin of the Year winners announcement, Royal Mint gold coin sales, and a sale on gold Krugerrand coins. Enjoy!
2010 Proof Silver Eagle Coins Launch, SilverCoinsToday.com
The US Mint today began selling the long-awaited 2010 Proof Silver Eagle coin, filling a void that has been felt by many collectors for over two years now. Opening demand was strong for the silver eagle, which resulted in early issues with the US Mint's ordering system. This was not much of a surprise, however, as order volume was expected to be enormous owing to a series of events surrounding Silver Eagles over the last two years. The US Mint even took the pro-active approach of placing a statement regarding the potential for system ... Click for coin article
US Mint 2010 Proof Silver Eagle Debuts, CoinNews.net
The much anticipated 2010 Proof Silver Eagle went on sale today at 12:00 Noon ET. The US Mint price for the proof coin is $45.95, plus the standard handling charge of $4.95 per order. A per household order limit of 100 coins is in place. Demand for the proof is expected to be fierce, with debuting sales figures expected to be huge. Minutes prior to its launch, the US Mint’s online store already started to show signs of heavy customer traffic. In preparation, the Mint warned customers leading up to the release ... Click for coin article
New Lincoln one-dollar coin is introduced on the anniversary of the Gettysburg Address, photoblog.msnbc.msn.com
Consumers have shown time and time again that they favor paper bills over $1 coins. Most adults have not seen, much less held, one of the 1.3 billion $1 coins that have been minted over the years. It begs the questions why the government keeps producing and marketing the coins. Supporters of coin usage argue ... Click for (photos) coin article
Krause Publications Names Coin of the Year Winners, NumisMaster.com
Ten 2009-dated coins have been honored with Coin of the Year Awards for 2011 by World Coin News magazine and its partner website, NumisMaster.com. An international panel of more than 60 judges selected the winners from hundreds of nominated coins during balloting, which concluded in early November. The awards will be presented Jan. 29, 2011, in a special ceremony during the World Money Fair in Berlin, Germany. “Coin of the Year voting is always an exciting time in our office,” said Krause Publications Coin of the Year coordinator Lisa Bellavin ... Click for coin article
Gold coin sales increase by 400%, bbc.co.uk
Sales of gold coins have soared by 400% so far this year compared with 2009, according to the Royal Mint. With the price of gold hitting record levels, the Mint says commemorative coins are in strong demand. Sales of silver coins have also risen, though by a comparatively modest 20%. "In these days of economic uncertainty people look for something they can see as being a bit more secure," Dave Knight, director of commemorative coins at Royal Mint, told the BBC. The price of gold, currently at about $1,400 an ounce, has consistently ... Click for coin article
Gold Krugerrands Offered at Incredible Discount to Mark President Kruger's Birthday, prnewswire.com
The United States Gold Bureau is marking last-month's 185th birthday of four-term South African president Paul Kruger by offering 1-ounce Gold Krugerrand Coins for only 3% over the spot price of gold. Gold coins, including the Krugerrand, normally sell for between 5% to 10% above the spot price of gold, which is the price of the raw metal, as determined by the Commodities Exchange (COMEX). The spot price forms the basis for all bullion coin prices, though there is additional cost associated with the minting, distribution and processing of the coins ... Click for coin article
Thanks for reading!
