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, rising sadly by only 562. Since they went on sale Jan. 22, there has been one single instance when weekly sales were lower. The reason? Gold has been on a five day losing streak, which started last Thursday. It makes sense for collectors to be cautious in buying with expectations of a $50 price decline. We missed that reduction by just 28.8 cents.

• In the Lincoln category, the Chronicles sets were taken off standby status last week with the max 50,000 officially allocated. Lincoln Cent Proof Sets climbed by 4,900, which was less than half of the prior 10,921 increase.

• 2009 US Mint and US Mint Proof Sets were the biggest unit gainers, rising 21,826 and 22,613 respectively. The proof sets were actually up a tad bit. Not so for the mint sets which previously climbed by 74,474. The 500,000 milestone is still nearly 11K away.

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  Read the rest of US Mint Sales: Bullion Robust, Collector Coins Retreat (1,143 words)

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Four numismatic news or coin blog articles are referenced on CoinNews every Tuesday and Thursday. 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:

Gateway closing a little [Lincoln Cent Values]
Steve Roach | Coin Values

Lincoln cents are one of the gateway coins of numismatics and most collectors have at one time or another filled a blue Whitman album with circulated Lincoln cents. The series is one of the first that people collect, and it’s still an exciting moment for most people to find a Wheat reverse cent, produced from 1909 to 1958, in circulation today …

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Read the rest of Coin News: Lincoln Cent Values, Buffalo Nickel, Jay Johnson (300 words)

US Mint circulating production levels for the third 2009 Lincoln penny, known as the Professional Life cent, are now known for each Mint facility in Denver and Philadelphia.

2009 Lincoln Cent Mintages

The Birthplace or "Log Cabin" penny continues to rank as the scarcest in combined Denver and Philadelphia mintages, while the 2009-P Lincoln Birthplace cent is still the most scarce at 284,400,000.

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Read the rest of 2009 Lincoln Cent Mintages Finalized for Three Pennies (87 words)

Excitement is certainly gathering in anticipation of the US Mint’s release of the 2009 Lincoln Coin and Chronicles Set this Thursday, Oct. 15, at noon (Eastern Time).

The coin-related online blogs and news sites have been warning readers of the high likelihood of a one day sell-out of the sets, and that is even with the household order limit in place by the Mint of one per household.

While you could hardly classify the pre-launch interest as a frenzy, or even call it the same level we experienced for the Lincoln Cents, perhaps it should be. The Mint had 325,000 of the Abraham Lincoln Commemorative Silver Proof Dollars (the same one that will be included in the Lincoln Chronicles set) available earlier this year. They sold out in 43 days.

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Read the rest of 2009 Lincoln Chronicles Set Excitement (225 words)

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Heritage Auction Galleries
Oct. 12, 2009

The United States Mint on Monday released the latest circulating coin production figures through to September 2009.

US Mint Circulating Coin Production in September 2009

In summary, the tallies reveal:

• US Virgin Islands quarters have earned the lowest total mintage title for any 2009 quarter-dollar

• The 2009-P US Virgin Islands quarter has the lowest mintage of any Philadelphia struck quarter

• The US Mint facility at Denver in September was much busier than Philadelphia’s

• No additional Jefferson nickels or Roosevelt dimes were made

• There was a significant monthly drop in 2009 Lincoln cents and quarters

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Read the rest of Coin Production Down in September, US Virgin Island Quarter Mintages Known (300 words)

The United States Mint introduced the Lincoln Coin and Chronicles Set to its online store on Monday, in preparation for its launch on Oct. 15, 2009, at noon ET.

The much anticipated set includes proof versions of the four 2009 Lincoln Cents and a proof Lincoln Silver Dollar — the same commemorative dollar that sold out earlier this year under the pressure of enormous collector demand.

The Lincoln Coin and Chronicles Set is priced at $55.95, with just 50,000 available to buy. The price is a current steal considering single silver dollars are going for more on the secondary market. (See proof Lincolns Silver Dollars on eBay.)

The 50,000 limit is mandated given the act authorizing the silver dollars permitted a total of 500,000 across both proof and uncirculated options. Collectors already scooped up 325,000 of the proof and 125,000 of the uncirculated Lincoln dollars earlier in the year, forcing the US Mint to halt sales and list the individual coins as "sold out" just six weeks after their launch.

With such anticipation for this offering, the Mint has set an order limit of 1 per household. Even with that in place, many expect the set could sellout on the first day of issuance, leaving many collectors empty-handed.

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Read the rest of US Mint Lincoln Coin and Chronicles Set Debut (220 words)

What’s New on CoinLink ……..

Laura Sperber on The Perfect Auctions-The Holmes Aan Nafzger Large Cent Sales. “The perfect auctions” we are talking about are the Dan Holmes and Ted Nazfger Large Cent auctions that just took place in Beverly Hills. Ira and Larry Goldberg (and staffs) did a spectacular job of organizing and auctioning these once in a life time sales.

Thoughts on Assorted Japanese Imports By John Dale Beety : This article originally appeared in the Heritage Blog.

Doug Winter first thought about writing this last week and when the question of “what are my expectations for the September Long Beach show?” popped into his mind, the immediate answer was short and sweet: “Expectations? I have no expectations.”

Finest Known 1829 Half Dime Variety Discovered by NGC. A recent grading submission to NGC included a mix of miscellaneous gold and silver coins, one of which was an 1829 half dime for which the submitter requested VarietyPlus attribution.

The United States Mint celebrated the launching of the American Samoa commemorative quarter-dollar coin yesterday at the Samoana High School Gym in Pago Pago, the territory’s capital city.

Doug Winter on Collecting $10 Liberty Head Gold. If you have deep pockets and lots of patience, assembling a set of $10 Liberty Head gold is one of the greatest challenges in all of U.S. numismatics.

The United States Mint will release a gold coin in honor of Sarah Polk at 12 noon Eastern Time (ET) on September 3, 2009. The one-half ounce 24-karat Sarah Polk First Spouse Gold Coin will be available in proof and uncirculated versions.

Heritage to offer the Single Finest PCGS 1925-D Lincoln Cent at Long Beach Auction

Bowers and Merena Auctions will bring nearly 1,500 lots of fine coins to Philadelphia, Pa.., for the Official Pre-show Auction of the Whitman Coin & Collectibles Philadelphia Expo set for September 21-22, 2009.

One of the more unusual and rare items in US numismatics will be auctioned by Stack’s in their Philadelphia Americana Sale September 23-26 in Philadelphia, is Lot 4299, an Indian Head Cent struck in gold.

Continuing with News across the web, we have a new posting of – Coin News Daily – providing short excerpts and links to other news across the web that we have found, and which you may find of interest. We also provide Daily Updates on Precious Metals in The Bullion Report, with Charts, Video Headlines and News.

You can access ALL the News Here

This week has seen more sideways trading as the markets continue to seek a clear and definitive direction. While some are claiming the worst is over, others like Bloomberg.com report that more than 300 banks could still fail across the nation, further affecting small businesses and consumers, the real drivers of the economy. This mixed review has left many precious metals investors highly concerned about the validity of the positive reports and leery of the potential backlash of over confidence in the stock markets.

APMEX’s “The Great American Coin Giveaway” is in full swing. In fact, APMEX shipped out free coins like Silver American Eagles, 1/10 oz Gold American Eagles and 1 oz Silver APMEX rounds to the lucky winners this week. There will be more awards in the coming weeks, but you need to register to have the opportunity to win. Register for APMEX’s Great American Coin Giveaway here. Congratulations to the WINNERS from the Great American Coin Give Away! You can view winners on the contest winners page!

Gold:
Spot Gold prices opened this week at $947.50. The high during the week was on Monday, August 17th at $947.70, while the low for the week was also on Monday, August 17th at $930.00. Gold ended the week up $6.70 at $954.20. This week 1 oz. Random Year Gold Krugerrands, 1 oz. Random Year Gold American Eagles and 1/10 oz. Random Year Gold American Eagles were in very high demand.

Silver:
Spot Silver prices opened this week at $14.73 and set its high for the week on Monday, August 17th, while the low for silver was occurred on Wednesday, August 19th, at $13.49. Silver ended the week down $0.50 at $14.23 This week 2009 1 oz. Silver Maple Leafs, 1 oz. Brilliant Uncirculated Silver American Eagles, and 1 oz. APMEX .999 Fine Silver Rounds sold in very strong quantities.

Platinum:
Spot Platinum prices opened this week at $1265.00, and ended the week down slightly at $1261.00. 1 oz. Pamp Suisse Platinum Bars, 2009 – 1 oz. Platinum Canadian Maple Leafs and 1 oz. Brilliant Uncirculated Platinum American Eagles continue to enjoy investors attentions.

Palladium:
Spot Palladium prices opened this week at $276.00, and ended the week with a gain of $10.25 at $286.25. Popular products this week were 1 oz. .999 Fine Pamp Suisse Palladium Bars, 1 oz. .999 Fine Credit Suisse Palladium Bars, and Kilo .999 Fine Pamp Suisse Palladium Bars.

Numismatics
Though it is a fixture on all American coins and currency now, IN GOD WE TRUST did not appear on American coinage until 1864 when it graced the Two-Cent Piece. This was due in large part to the strong religious beliefs of the time during the Civil War. Secretary of the Treasury Mint Salmon P. Chase took it upon himself to affix some type of motto with the word “GOD” onto all coins. He was successful in doing so in 1865 when Congress, and the Mint Director allowed the motto to be placed on all silver and gold coins. Between the years of 1864 and 1909 it appeared on some coins while it did not appear on others. A few coins that it did appear on were the Shield Nickel , the $20, $10 and $5 Liberty Gold Coins, the Morgan Silver Dollar, the Barber Half Dollar, and the Barber Quarter Dollar. It appeared on the new Lincoln Cent in 1909 and has remained there ever since. In 1916 it became a permanent fixture on the dime and the quarter. The Jefferson Nickel, first minted in 1938, also bore that inscription. In 1956 IN GOD WE TRUST was declared the national motto of the United States. The motto first appeared on paper currency in 1957 with the one dollar silver certificate. Though it has met with some controversy, most Americans approve of the motto on United States money.

APMEX has now obtained the 2009 Denver Mint Professional Years Lincoln Cent. They are available as a single coin, as a roll, or as a 50 roll box ($25 Face Value). Next week, on August 26th, the Mint will release the 4 newly-designed 2009 Lincoln Cents in their original copper composition, just as they were released in 1909. These coins will be packaged as a four coin proof set. Their original composition was 95% copper, 3% zinc, and 2% tin alloy. Thomas Jurkowsky, Director of the U.S. Mint’s Office of Public Affairs, has stated that the sets are unlimited. The Mint has not yet disclosed a price.

2009 Lincoln Professional Life Cents have jumped out of the gate with exceptional inaugural sales — higher than the first Log Cabin design, but lower than the second released Rail Splitter pennies.

The Mint launched the new pennies on Thursday, Aug. 13, to another excited, anticipating public crowd (see Illinois Lincoln Cent launch photos). On the same day, two-roll sets — one roll of 50 coins for the United States Mint at Philadelphia and one roll of 50 coins for the United States Mint at Denver — went on sale for $8.95.

As of Sunday, the Mint said 152,146 of the Professional Life two-roll sets have sold. With 50 pennies per roll, that’s more than 15.2 million pennies purchased by collectors.

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Read the rest of 15.2 Million Lincoln Professional Life Cents Sold in Four Days (185 words)