It was another good week for silver numismatic products. The United States Mint launched a new coin set which likely helped its other products, as each outperformed its previous week’s sales growth. Even the bullion silver eagles gained some steam.
The Mint’s annual 2010 Silver Proof Set was released Thursday, August 26. By [...]

What’s New This Week……….

Greg Reynolds 16th installment on Coin Rarities covers the Eliasberg 1795 Eagle, Gem Oak Tree Shilling and 1806 quarter of the rarest variety! “Yes, there are more rarities, available in Boston this month, which should be discussed. In my columns over the last two to three months, I have covered many important rarities that sold or appeared in Boston, especially coins in the Heritage, B&M and Stack’s auctions.”

Have you ever wondered what a coin collection might look like after it is pulled out of a house fire? The following is from the Numismatic Conservation Services (NCS) newsletter and shows the remarkable conservation of a cherished collection after a damaging fire.

Wayne Sayles provides commentary on Ancient Coins: The Freedom of Information Act and New Import Restrictions sought on Greek “Cultural Property”. “The Freedom of Information Act, signed into law by President Lyndon Johnson in 1966, was born from the notion that “the people” (as in each individual citizen) have a constitutional right to know how the government acts in their behalf. This is of course a democratic notion that nationalist governments do not share. One might wonder at times if it is a notion that the U.S. Government shares?”

The Royal Mint launches its limited edition Gold Series – an exclusive three themed set created in fine 22 carat gold only. Inspired by the Olympic motto Faster, Higher, Stronger, the ‘Faster’ Series is the first set to go on sale in celebration of the 30th Olympiad in London 2012.

One of the things that new collectors are often told is that if they build a set, the collective value of the coins will be greater than the individual value when it is time to sell. Is this correct or is it just clever marketing hype? Doug Winter offers up his perspective on Coin Set Premiums – Fact or Fiction.

The new Manhattan gallery and offices of Heritage Auction Galleries will open at 445 Park Avenue (at 57th Street) on Wednesday, September 1, 2010. The expansion of Heritage, the world’s third largest auction house, into the New York City market comes at a time when many major auction firms are contracting. The Dallas-based firm also opened a Beverly Hills, California gallery and salesroom earlier this year.

The recently concluded Boston ANA World’s Fair of Money provided CoinTelevision Producer David Lisot ample opportunity to discuss the current market conditions with a variety of dealers and numismatic personalities. Our first Video installment presents Ed Reiter, well known numismatic writer and current editor of Coinage Magazine.

There is no magic wand or crystal ball that can tell you when the coin market will turn red hot again or when prices will finally rise across the board. Until then, there are many areas you can explore that have awesome potential-and are actually completable. Laura Sperber of Legend Numismatics provides some thoughts on Building Sets in Coin Collecting.

NEW & UPDATED – Our coverage of rare coin and currency news has expanded with Austin Purvis taking over as Editor of Coin News Daily. This is a special section of CoinLink where we scour the web for items of interest related to numismatics and post a short excerpt and link to these “off site” resources.

We have also made changes to The Bullion Report with daily news and article updates, and a monthly analysis of the “Premiums Over Spot” for Gold and Silver Bullion products.

View all the latest rare coin news here

Higher grade gold coins could offer individuals a chance to boost the value of their collection, it has been claimed.

Writing for Coin Link, Legend Numismatics argued that it is worthwhile building collections of MS64 or higher quality; as such an offering represents better value at a relatively low premium for gold coins.

The organisation added that its best recommendation, however, is to build up a type set. By opting to create such a collection, an opportunity will not pass by an investor.

Other options for potential value growth include opting to develop an all-proof Barber set, using coins of PR65-67 grade. Value for such items can be boosted by the low mintage of many of the Barber items.

Taking action now was advised by the group, as it noted that markets tend to rebound in mid-September, so prices could be due to rise in the near future. Complete sets could see strong value rises in short periods of time, the organisation said, so potential remains for investment growth.

The US Mint continues to release new gold coins. Currently a new series featuring the country's presidents is being released.
 

The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

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The Whitman Coin and Collectibles Expo, set to take place in Philadelphia later this year, will see expert consultation from numismatist Mark Salzberg, it has been reported.

Visitors to the October 1st event will be able to receive a free consultation about their gold from the specialist, who is chairman of the Numismatic Guaranty Corporation (NGC) and is renowned for his coin grading expertise.

However, space will be limited and it is recommended that those wishing to be in with a chance of seeing Mr Salzburg should arrive at the expo early to take their place in the queue.

"The consultations will be one-on-one and will provide an opportunity to gain unique insight into a coin's grade and surface condition by having up to three examined by this leading expert," a statement from NGC said.

According to the organisers of the event, there are ten good reasons to attend, including the free admission, the chance to see rare coinage and the opportunity to complete personal collections.

The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

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People wondering what the differences between numismatic gold coins and bullion are have been helped by one expert.

Guy Zona, a precious metals dealer, wrote for the Daily News Journal that numismatic coins are those that were used as currency prior to the 1930s and may have been used in circulation.

These often sell for more than their face value, with condition affecting how much more the coin will go for when sold at auction – high-end brilliant gold coins which have been uncirculated will win the best prices, Mr Zona said.

Bullion coins are those made of pure gold and sold directly by the government.

Value is based on the weight of the coin and they often sell for a small percentage over their melt value, it was explained.

Numismaster recently noted the role that William Woodin may have played in protecting gold coins minted before 1933, as the keen collector was US Treasury secretary when Franklin Delano Roosevelt issued a recall of the commodity.

The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

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A house fire does not have to be the disaster to collections of gold coins that it may first seem, according to CoinLink.
The collectors' news resource explains that gold coins often come out of a house fire less severely damaged than might be expected.
The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

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Collectors of gold coins have been told that Canadian Maple Leafs are among the purest examples available.
Asia One Business reports that investors with limited funds could find gold bullion to suit their needs, as holding smaller numbers of gold coins is often recommended.
The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

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Gold coins minted prior to 1933 may owe their survival in part to former secretary of the US Treasury William Hartman Woodin, reports Numismaster.
He served as Treasury secretary to Franklin Delano Roosevelt ahead of March 10th, 1933.
The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

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While the gold Canada caribou coin is still available direct from the Royal Canadian Mint, stocks are unlikely to last for long, reports Coin Blogger.
The information provider notes that the gold coins were created specifically for the purpose of collecting – rather than being intended to be used as legal tender.
The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

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The pure Gold Canada Caribou Coin is made of 99.99% pure gold just like the name. It has a total weight of 0.5 grams. By being so small it is the most affordable gold coin on the market.  This coin is currently being minted by the Royal Canadian Mint but has a limited run of only 15,000 that are being distributed worldwide.

This coin is only 11 mm in diameter and has a face value of 25 cents Canadian. At the present time it is being sold for $74.95 Canadian dollars or $72.87 USD.

The design used for this coin has been around since 1937 and has been on the Canadian 25 cent piece ever since. But those coins in circulation are not made of gold.

When this coin was designed, it was said to reflect the Canadian national identity by the creator of the coin, sculptor Emanuel Hahn.

The purpose of this coin’s release was for Coin Collecting. It has only been recently released and it still available from the Royal Canadian Mint, but they are not expected to last very long. It is only sold as a highly reflective proof coin that is only being produced in the Ottawa mint.

By being the world’s smallest gold coin, it is selling fast as a keep sake. Once the supply from the mint is exhausted the value of the coin is expected to rise. But at the present time you can still order a pure Gold Canada Caribou Coin from the Royal Canadian Mint online or on your next visit to Canada.

For additional resources on coins please see Morgan Dollar Collecting Guide. This site and all of its contributors strive to bring you the most accurate information available. If you have any comments to help us improve out site please leave them. Thank You for visiting.

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