What’s New This Week……….
Doug Winter asks if it is time to buy an S.S. Central America Double Eagle gold coin. “For many years, it's been no secret that I haven't been a big fan of the 1857-S double eagles that trace their origin from the famous S.S. Central America shipwreck.”
A new die marriage for the 1878 Morgan Dollar had been discovered by Kenneth Robb, a collector whose primary interest center around Vam varieties for the popular Morgan Silver Dollar series.
Two separate lawsuits filed in federal court in Manhattan Wednesday allege that the two banks [J.P. Morgan and HSBC] manipulated silver futures by "amassing enormous short positions," according to a report from Dow Jones Newswires.
Doug Winter writes on pricing problem coins. “I've discussed many times the process in which how nice coins are assigned price levels. But how are problem coins valued?”
A press release from the United States Mint. “In honor of the release of the new Abraham Lincoln Presidential $1 Coin, the United States Mint invites the public to a launch ceremony on November 19, to be held at President Lincoln's Cottage on the grounds of the Armed Forces Retirement Home in Washington, D.C. The ceremony will begin at 10 a.m. Eastern Time.”
Greg Reynolds’ weekly column: “The purpose this week is to put forth clear, constructive points regarding the collecting of modern U.S. coins. Readers who are already familiar with modern coins may wish to skip to section three, where John Albanese, Jeff Ambio and I provide advice and guidelines for collecting modern coins.”
Gainesville Coins provides a coin guide on buying precious metals and bullion coins. “Precious metals have long been treasured both for their beauty and rarity. As a result, these metals have been used by many civilizations as a store of wealth, and in some cases, a foundation for currency.”
Steve Roach explains the minimal gains of generic coins as opposed to gold & silver. “Some of the coins that one would expect to rise such as generic Mint State Morgan silver dollars and Coronet and Saint-Gaudens gold $20 double eagles are showing only minimal gains, although they are trading at high volumes.”
A coin profile on the roman finish 1909 Half Eagle gold coin. “The proof five dollar coinage of 1907 through 1909 provides quite an object lesson in the evolution of Mint technology and consumer tastes.”
Another coin profile on the 2000-W Library of Congress bicentennial bimetallic ten dollars.
Bowers and Merena will conduct the official auction of the November 2010 Whitman Coin & Collectibles Baltimore Expo. Scheduled for November 4-5 at the Baltimore Convention Center, the sale will present more than 3,500 lots of important United States coins and currency.
Locked in a Pennsylvania vault for 43 years, one of the most comprehensive collections of colonial and early American coins ever to reach public auction, The W. Philip Keller Collection of U.S. Colonials, is the principle highlight of the upcoming Rare U.S. Coin auction, Oct. 28-31 in conjunction with COINFEST in Stamford, CT.
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
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