Welcome back to Something About Coins! Prices have been declining recently in the secondary market for the large 5 Ounce America the Beautiful Silver Coins. Buchanan’s Liberty Proof First Spouse gold coins sold out at the U.S. Mint, and images of the new 2011 First Spouse gold coin designs have been published. The British Treasury postponed their circulation coin composition changes, while the Birmingham Mint began striking Prince William and Kate Middleton royal wedding coins. As for legal action in the hobby, the last article discusses a state attorney general in Minnesota going after a coin business.
ATB 5-Ounce Silver Bullion Coin Prices Decline, silvercoinstoday.com
Secondary market prices for the 5-ounce 2010 America the Beautiful Silver Bullion Coins™ are on the decline. While not entirely surprising to all, the news is welcomed by many who have been patiently waiting for the market to correct what they felt were unrealistic price points. The ATB series is no stranger to cost concerns. The planned December 6, 2010, release was put on hold by the US Mint after multiple reports of premiums that brought single coin prices into the $300 range. After modifying ... Click for coin article
Proof Buchanan’s Liberty First Spouse Gold Coin No Longer Available, coinnews.net
The United States Mint on Tuesday, Feb. 8, pulled the proof version of Buchanan’s Liberty First Spouse Gold Coin from its online store and moved it to the ‘No Longer Available’ area of its website. The US Mint has a published maximum mintage of 15,000 across the proof and uncirculated 24-karat gold coins. The First Spouse coin sales as of Sunday, Feb. 6, show 7,317 of the proof and 4,461 of the uncirculated were sold for a combined tally of 11,778. Those numbers indicate ... Click for coin article
2011 First Spouse Gold Coin Designs, firstspousecoins.us
2011 First Spouse gold coin designs were finalized and unveiled by the US Mint earlier this month via a press release. The four coins honor the wives of the 17th through the 20th Presidents of the United States. The ladies are Eliza Johnson, Julia Grant, Lucy Hayes and Lucretia Garfield. The obverse of each coin is a portrait of the First Lady, and the reverse portrays a significant moment or aspect of their lives. The release date for the earliest new coins, the Eliza Johnson First Spouse Gold Coins , has not ... Click for coin article
British Treasury Delays Coin Changes, numismaster.com/
The next generation of British coins initially scheduled to appear in circulation during early 2011 has been postponed, primarily due to the influence of the parking meter and vending machine industries. The high price of the metals from which Great Britain’s circulating coinage are struck is the problem. Coins currently issued in copper-nickel composition are planned to be replaced beginning April 1 with coins of nickel-plated steel. The new 5- and 10-pence coins presumably dated 2011 are not only ... Click for coin article
Birmingham Mint starts pressing royal wedding coins, bbc.co.uk
A coin to commemorate the royal wedding is being pressed in Birmingham. Around 50,000 are being produced at the Birmingham Mint in honour of the marriage of Prince William and Kate Middleton on 29 April. They will hold no monetary value but the Mint is hoping that the coins, which cost £5, will be sold out by the time of the wedding. One side has a picture of the couple and the other shows the date of their marriage and the initials C and W. The Mint, which was established in 1794, will make ... Click for coin article
State says rare-coin dealer bilked seniors, startribune.com
A suit by the attorney general alleges Tory Hughes, a convicted felon, misled and cheated clients. Tory Hughes called his Edina coin and bullion business Reputable Rare Coins. Minnesota Attorney General Lori Swanson alleges that it's anything but. Swanson filed a lawsuit Monday in Hennepin County District Court alleging the firm and one of its founders systematically defrauded clients, many of whom are senior citizens. The suit alleges the coin dealership and Hughes, 41, of White Bear Lake, ... Click for coin article
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