COIN NEWS
Ebay's Movers and Shakers
Think you know the number one coin category on ebay? You might be wrong.
PCGS Confirms "Godless" Adams Dollars and Doubled Edge Lettering
(Newport Beach, California) – Despite increased precautions to make sure the embarrassing error would not be repeated, the United States Mint again has mistakenly struck so-called "Godless” dollars. Read article...
WHAT COIN SEARCH IS NUMBER ONE ON EBAY?
The Top Searches In Coins On Ebay. 1. PCGS, 2. Coins, 3. NGC... See the rest
HERITAGE A PART OF A MONUMENTAL SALE
1907 High Relief Saint-Gaudens breaks price record and newly discovered 1801 Emancipator of America Medal at Long Beach... Read Story
2007 SILVER PROOF SET
The 2007 Mint Silver Proof Set Released August 23, 2007. Read story
NGC LOST A LAW SUIT
NGC Sued & PCGS and NGC To Drop First Strike Designation. Read Story
Ebay's Movers and Shakers
Think you know the number one coin category on ebay? You might be wrong.
NGC LOST A LAW SUIT
NGC Sued & PCGS and NGC To Drop First Strike Designation. Read Story
PCGS Confirms "Godless" Adams Dollars and Doubled Edge Lettering
(Newport Beach, California) – Despite increased precautions to make sure the embarrassing error would not be repeated, the United States Mint again has mistakenly struck so-called "Godless” dollars. Read article...
WHAT COIN SEARCH IS NUMBER ONE ON EBAY?
The Top Searches In Coins On Ebay. 1. PCGS, 2. Coins, 3. NGC... See the rest
2007 SILVER PROOF SET
The 2007 Mint Silver Proof Set Released August 23, 2007. Read story
CONGRESS FACES SEVERAL COIN PROPOSALS
Congress took quick action on the bill honoring Native Americans on the reverse of the Sacagawea dollar when it came back from summer recess Sept. 4, but it still faces an amazing number of national issues. Read Story
THOMAS JEFFERSON "NO EDGE LETTERING FOUND"
A collector in Iowa has found a "No Edge Lettering" Thomas Jefferson Presidential Dollar. The coin seems to check out with an examination by an expert. Read more
WAS THE PROOF SET YOU JUST PURCHASED CHERRY PICKED BY THE DEALER?
It is is known that some dealers are tampering with proof sets straight from the US Mint, and picking out the best coin(s) and replacing them with a lower grade proof.
MAN FINDS LINCOLN CENT WORTH AT LEAST $44,000
It collector, Mike Tremonti, from Michigan found a rare penny while searching a BU roll of cents. If this coin grades high enough, it could be worth upwards of $100,000!
A LAW TO HELP THWART COIN THIEVES
A viewpoint on the law that requires dealers to hold recently bought coins for 30 days before before selling to clients. Read more
SURPRISE! SOME CLAD QUARTERS ARE VALUABLE
Wait... before you spend that BU clad Washington Quarter.
EBAY CRACKS DOWN ON LISTING CERTAIN GRADING COMPANIES
Here are some facts on the list of accepted companies and the policy.
Mint Stats: Half of Platinum Sets Sell in First Few Days
Roughly half of the 10th anniversary platinum American Eagle two-coin set sold in the first couple of days they were available. Read More
Will The US Mint Quarter Program Be Extended?
The rush by Congress to pass a government appropriations bill just before Christmas has a numismatic twist: in it is an extension of the 50-state quarter program that would include the District of Columbia and five U.S. trust territories. Read More
SIX NEW QUARTERS FOR 2009 AND "IN GOD WE TRUST" CHANGED
President Bush signed a bill for the 2009 quarter and the removal of IN GOD WE TRUST from the rim of Presidential Dollars. Read More
THE 2008 PRESIDENTIAL DOLLAR DESIGNS HAVE BEEN REVEALED
Let the hype begin as the first 2008 Presidential Dollar depicting James Monroe is issued on Feb. 14, 2008. The John Quincy Adams Presidential $1 Coin will follow May 15. Then look for the Andrew Jackson Presidential $1 Coin on August 14 and the Martin Van Buren Presidential $1 Coin on November 13.
Ebay will have a few sellers looking for any and every imperfection, in order to confuse the uniformed buyer into paying more for the coins. So, BEWARE! Make sure the seller is reputable, and answers emails promptly about their coin. Sometimes it's better to wait on supposed mint errors to ensure it doesn't become common a few months after release. During your wait, check out news articles and PCGS auctions to see if they have authenticated any examples.
EBAY MAKES POLICY CHANGES THAT WILL AFFECT COIN SELLERS AND BUYERS ALIKE
Reduced listing fees, rewards for great sellers, and feedback changes have been revised in an attempt to make ebay a better place to buy and sell. Read More
PITFALLS OF BUYING COINS FROM HOME SHOPPING NETWORKS
Unsuspecting coin collectors/investors are paying too much for coins from their favorite TV Shopping Network. Read Article
Metal Prices on Fire "Should I buy or should I sell?" METAL PRICES ON FIRE "SHOULD I BUY OR SHOULD I SELL?"
That's what owners of bullion coins are asking themselves as gold and silver prices climb higher each day.
PCI DAVID LAWRENCE ACQUIRES PCI
David Lawrence Rare Coins has purchased PCI, a grading company founded in the mid-1980s.
D.C. SUBMITS CONTROVERSIAL QUARTER CONCEPTS
No, the Continental Congress is not meeting in Philadelphia, but a phrase heavy with historical and political importance is current once again: "No taxation without representation."
COIN NEWS FACTS
Sacagawea Dollar: Congress has approved legislation for the US Mint to strike 2008 Sacagawea Dollars, and beginning in 2009 the Sacagawea Dollar will be minted with the same obverse design, but with a different reverse design; each will represent contributions of Native Americans to our heritage.
James Monroe Dollar: An unstruck (blank planchet) Monroe Dollar has been discovered by Ken Sigler, owner of Cinnaminson Rare Coins, but the edge of the coin has edge lettering. It's not clear how this occurred since the mint strikes all sides of the coin in the same process beginning this year; a response to the edge lettering errors of 2007. Obviously, we are witnessing the birth of a brand new error type.
US Coin Alloys: Legislation has been introduced that could result in the alteration of the metal content and size of business strike coins. This legislation was introduced due the rising value of base metals; presently a cent cost 1.67 cents to produce and a nickel cost 9.5 cents. It would save nearly 600 million over the next ten years. One interesting provision in the legislation calls for a new steel cent, plated in copper.
The 2000-P Extra Beard Penny, Doubled Die Error Is Condemned
Error and variety coin experts have come to the collective conclusion that the so-called 2000-P "extra beard" doubled die penny error should be "de-listed," or removed from their official rosters of variety coin types. The error came to light a couple of months ago, when a specimen was found that seemed to have a section of doubling on the upper portion of Lincoln's neck, along the beard. The marks match portions of the beard design well enough that Ken Potter, Billy Crawford, John Wexler, and other variety coin experts had listed it in their files as a doubled die. Since the apparent doubled marks could be seen with the naked eye, it was an exciting find, and collectors across the country began hunting for more.
Read Entire Story From Susan Headley, Aboutcoins.com
The Heritage offering marks the first time a Class I Original 1804 dollar has appeared at auction in nearly a decade, since the PR64 Dexter-Dunham example brought $1,840,000 in the year 2000. Auction ended
1804 $1 Original PR62 NGC Offered By Heritage Auctions
Posted April 9, 2007
By Daniel Malone
Faceless Monroe Dollar
Coin collector Garrett Reich, a dedicated coin-roll searcher, has found an extremely rare Monroe Presidential Dollar error - a so-called "Faceless Dollar." The Faceless Dollar is the cute moniker given to a blank Presidential Dollar planchet that has edge lettering around it. Before Reich made his find, only one Faceless Dollar specimen was known to exist among the one billion or so Presidential Dollars that have been minted thus far, the Smith Specimen found by Ray and Mary Smith in Colorado shortly after the Washington Dollar plain edge errors were discovered. There is even believed to be a third Faceless Dollar out there now, on its way to PCGS for examination. Read entire story
From Susan Headley, Aboutcoins.com
Fred Weinberg's Tour of the Shanghai Mint in China
Posted April 9, 2008
Fred Weinberg is one of the world's leading authorities on error coins and the coin minting process. Besides being a "market maker" in the error coins business, Fred has had the privilege of touring the coin minting facilities most of us can only dream about. Come along as Fred shares some photos from his VIP tour of the Shanghai Mint in China in September of 1983. You'll be amazed! VIEW SLIDE SHOW
AuctionPal will sell you coins for you, and it cost nothing if the item doesn't sell. Although there are fees AuctionPal and ebay fees after your coin sells. But they do all the work for you, and send a shipping packet for you to send the item to the high bidder. The home page has a 'Check The Value' service were you can enter the date, mint and coin denomination to check how much it has sold for recently. How It Works
AuctionPal Will Sell Your Coins For You
Posted April 18, 2007
Ebay Live Heritage Auctions Gallery Nets $975,000 1893-S Morgan Dollar!
Posted April 18, 2007
Heritageauctionsgallery on ebay live netted $975,000 for an 1893-S Morgan Dollar NGC MS67. This live session realized some high marks for several coin series including: 1804 Morgan $1Original PR62 NGC $3,250,000.00-1879 Pattern Metric Double Eagle, or Quintuple Stella. Judd-1643, Pollock-1843 Proof-64 Cameo (NGC) $1,050,000.00 -1802 Draped Bust $1 PR65 Cameo PCGS. B-8, BB-302, High R.7. The 1802 proof novodel silver dollar $825,000- 1870-S Seated $1 NGC XF40 $700,000 where the five highest bid items.
United States Mint Presidential $1 Coin Historical Signature Series
Posted April 18, 2007
By Daniel Malone
A new collection of products featuring the 2007 Presidential $1 Coins honoring the Presidents of the United States is being introduced. The United States Mint Presidential $1 Coin Historical Signature Set features the proof version of the Presidential $1 Coin and a Presidential intaglio print from the Bureau of Engraving and Printing. The product is presented in a textured, leather-like folder which opens to reveal the intaglio print and the official Presidential signature. A Certificate of Authenticity accompanies each United States Mint Historical Signature Set. CHECK OUT MORE NEW U.S. MINT PRODUCTS
Bad Coin Investments and Why You Shouldn't Collect Them
From Susan Headley, aboutcoinscom
Posted By Daniel Malone April 2, 2008
A must read article with the following information:
#1 Worst Coin Investment - TV Shopping Show Dealers and "Mints"
#2 Worst Coin Investment - National Collector's Mint
#3 Worst Coin Investment - Franklin Mint & Kin
#4 Worst Coin Investment - Spurious Sets
#5 Worst Coin Investment - Coins With Crap on Them
1838-O A Rare Mystery
By David L. Ganz, Numismatic News
May 06, 2008
The 1838-O half dollar is a genuine rarity, with only 20 pieces struck and the fate, 170 years after striking, of just about a dozen known pieces in existence leaves some unaccounted for. I've liked this coin for many years and made it a centerpiece of my new book that Krause is publishing in July, "Profitable Coin Collecting."
More than 50 public auction sales of this coin are of record, some over a hundred years ago. The Mickley sale in 1867 by Woodward saw the coin offered as Lot 1782 and the selling price of $2.75. The same coin was acquired by J. P. Clemens and when Edward Coogan sold his collection in 1878. Lot 159 contained the same coin and brought $15.
National Museum of American History Updates Preservation of National Numismatic Collection
Posted on 3/17/2008
NGC has designed a custom holder to house the 200 rarest, most famous, and unique American coins in the Smithsonian's National Numismatic Collection.
The Smithsonian’s National Museum of American History today announced a pilot project to assess the use of protective coin holders for the National Numismatic Collection housed at the museum. The 200 most rare, unique and famous American coins in the collection will be placed into customized plastic holders that will allow greater access to coins while improving their protection. Read Article
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US Mint Offering Presidential Dollars At Face Value
Daniel Malone
June 19, 2008
WASHINGTON - The United States Mint announced today a new program to ship circulating Presidential $1 Coins directly to retail establishments, financial institutions, and members of the public. The $1 Coin Direct Ship Program provides individualized service to the financial community and other interested parties who wish to acquire $1 coins at face value in smaller quantities than currently available to financial institutions.
