Girl Scout Commemorative Coin Act is Law

President Obama on Thursday signed the Girl Scout Commemorative Coin Act into law, authorizing the Untied States Mint to strike up to 350,000 silver dollar coins to honor the 100th anniversary of the establishment of the Girl Scouts of the United States of America (GSUSA). The coins will be minted and sold in 2013, marking [...]

2009 American Buffalo Gold Proof Coin Launches with Little Issues

Today at noon ET the United States Mint began selling the 2009 American Buffalo Gold Proof Coin for $1,360.00, as it announced on Oct. 22. The one-ounce .9999 fine (24 karat) gold coin is expected to draw significant attention. The US Mint handled early demand in improved fashion compared to the collector blitz and resulting [...]

US Mint Sales: Bullion Robust, Collector Coins Retreat

US Mint collector coins moved like molasses when compared to sales figures of two weeks ago. But bullion coins — especially gold — still had a little swagger in their step. October will be a robust month for American Eagles and American Buffalos. These and other highlights follow: UHR Double Eagles took a significant hit, [...]

28.8 Cents Prevents US Mint Gold Coin Price Reductions

The price of gold has been on a five-day price slide, but ironically the timing of the decline was slightly off in helping collectors pay less for US Mint gold collector coins. The US Mint uses a London Fix weekly gold average to determine whether to keep gold coin prices the same, or adjust them [...]

Spectrum Numismatics International, Inc. Names New Senior Numismatist

IRVINE, Calif. – Spectrum Numismatics International, Inc., one of the world’s largest rare coin and currency dealers, announced today that it has hired Richard Melamed as their Senior Numismatist.   "Richard Melamed is one of the most respected numismatists in the industry.  During his 36-year career, Melamed has done everything from running his own coin [...]

Heritage Auctions Realizes $8.7 Million in Dallas U.S. Coin Auction

1879 Flowing Hair stella leads the way with $161,000; strong prices signal optimism in the market DALLAS, TX — With a sell-through rate of 90% by lot and 88% by dollar value, and almost 3300 bidders, Heritage Auctions’ Oct. 23-24 Dallas Signature® U.S. Coin Auction soared to $8.7 million total. All prices include a 15% [...]

US Mint Bullion Gold Buffalo Coins Top 110K

The United States Mint has sold 110,500 one-ounce American Buffalo $50 Gold Bullion Coins since they were released on Thursday, Oct. 15, 2009. To place that in perspective, in less than two weeks bullion dealers have purchased 64.2 percent of the total (172,000) that was sold in all of 2008. There appeared to a touch [...]

PCGS Helps Police Nab Counterfeits Suspect

(Santa Ana, California) – Information provided to Northern California law enforcement authorities by Professional Coin Grading Service led to the arrest of a suspect who is now under investigation in connection with the sales of fraudulently altered Morgan dollars in tampered PCGS holders for nearly $300,000. CLICK TO ENLARGE: These four photographs show a tampered [...]

Coin News: 2008 Proof, Mint, and Chronicles Set Values; Fake Coins; Errors

Several numismatic news or coin blog articles are referenced on CoinNews two separate times a week. These articles are not authored by us, but we recommend coin collectors read them for their unusual or interesting content. Here are today’s coin articles: 2008 mint and proof sets strong Harry Miller | Numismatic News Mint sets have [...]

International Civil Rights Center and Museum Commemorative Coin Act

Two new bills, one in the U.S. Senate and the other in the U.S. House of Representatives, seek to introduce a maximum of 1,000 silver $1 coins in 2010 "commemoration of the opening of the International Civil Rights Center and Museum, each of which shall." Observers of coin legislation will quickly ponder the lateness in [...]

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