Welcome to Something About Coins! President Obama signed two coin bills into law last week, one creates the American Palladium Eagles and the other changes American Silver Eagle production. The U.S. Mint is promoting their upcoming Lincoln Presidential $1 Coin and First Spouse Medal Set, and Florida's new gold-dispensing ATM located in an upscale mall gained the limelight. Also, there is news of stolen coins in the Niagara Falls area.
American Palladium Eagles Authorized, CoinNews.net
A series of new coins, American Palladium Eagles, are set join the United States Mint family of gold, silver and platinum coins. President Obama signed the American Eagle Palladium Bullion Coin Act of 2010 into Public Law 111-303 on Tuesday, December 14, 2010. It went through the House and Senate as H.R. 6161, which was introduced by Rep. Denny Rehberg of Montana on September 22, 2010. The Treasury Secretary must submit a marketing study to Congress signaling there is demand for American Palladium Eagles. Following its submission, the United States Mint ... Click for coin article
Coin Modernization Law Changes Silver Eagles and ATB Bullion Coins, SilverCoinsToday.com
President Barack Obama signed a new bill into law on Tuesday, December 14, that deals with coin modernization research, specification changes to America the Beautiful Silver Bullion Coins and guarantees the yearly production of collector American Silver Eagles. The Coin Modernization, Oversight, and Continuity Act of 2010 was introduced into the House of Representatives (H.R. 6162) by Congressman Melvin Watt of North Carolina on September 22, 2010. It was largely based on information gathered during a July 2010 House Subcommittee hearing on ... Click for coin article
Lincoln Presidential $1 Coin and First Spouse Medal Set, CoinCollectingNews.org
Collectors may begin placing their orders for the 2010 United States Mint Lincoln Presidential $1 Coin and First Spouse Medal Set™ at noon Eastern Time (ET) on December 23, 2010. The set includes an uncirculated Abraham Lincoln Presidential $1 Coin and a bronze medal bearing the likeness of Mary Todd Lincoln that is featured on the First Spouse Gold Coin struck in her honor. The coin and medal are encased in a durable plastic card enhanced by beautiful representations of the President's and First Spouse's portraits. Issuance information is noted on the back. The ... Click for coin article
Vending machine spits out gold bars and coins, usatoday.com
If you're a shopper looking for something sparkly to put under the Christmas tree, you could skip the jewelry and just go for the gold. A German company planned to install a vending machine that dispenses gold bars and coins Friday at an upscale mall in Boca Raton, a South Florida city of palm trees, pink buildings and wealthy retirees. Thomas Geissler, CEO of Ex Oriente Lux and inventor of the Gold To Go machines, expects the majority of buyers will be walk-ups taken by the novelty. But he says the machines are also convenient for more serious investors looking ... Click for coin article
Coin-op goldmine in Florida, photoblog.msnbc.msn.com
Investors can now go over to the mall and get .999 Credit Suisse gold bullion bars, minted gold American eagle coins. Each machine carries 320 gold bars and coins and automatically monitors and updates gold ... Click for picture of the Gold-dispensing ATM
Two home robberies involve valuable coin collections, buffalonews.com
Niagara Falls Police over the weekend received two reports of large amounts of coins being stolen from area homes. Two boxes containing about 50 pounds of assorted silver coins were reported stolen from a Lewiston Road home sometime over the previous five weeks, police were told. Some of the coins were reportedly worth as much as $18 apiece, according to reports. Investigators are checking into the possibility that someone employed in the home may have been involved. Also, a coin collection valued at $11,000 was taken during a burglary over the past two weeks at ... Click for coin article
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