More News at a Glance – December 3, 2010
Mary Todd Lincoln First Spouse Gold Coin
Mint News Blog
The US Mint will begin sales of the Mary Todd Lincoln First Spouse Gold Coins today, December 2, 2010 at 12:00 Noon ET. This will represent the final release of the year for the 24 karat series and one of the most well known First Ladies. The obverse of the Mary Todd Lincoln Gold Coin features her portrait, as designed and sculpted by Phebe Hemphill. Inscriptions include “Mary Todd Lincoln”, the motto “In God We Trust”, “Liberty”, order of the Presidency “16th”, years served “1861-1865″, and the date and mint mark.
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Ancient, English and Foreign coins shatter their pre-sale estimates at Spink
Paul Fraser Collectibles
Collectors and investors gathered in London to see a number of coins exceed all expectations, this week. The Spink ‘Ancient, English and Foreign Coins and Commemorative Medals’ auction ended in London yesterday, with some very impressive figures and a few surprises for numismatists. The sale made a total of £3,206,472 and amongst the lots were many that greatly exceeded expectations, with some selling for up to ten times their pre-sale estimates.
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Who Are We and How Do We Collect?
Numismaster
In all my years of collecting coins, reading and writing about coins and learning about coins, I have often wondered what exactly is a coin collection and what makes up a coin collector, or as those in the hobby like say, a numismatist. Does a coin collection have to be many coins, or can it be just one or two? Does it take years of study and collecting to be a numismatist, or do you instantly become one the first time you put away a few coins that you like and enjoy?
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Search for value buying opportunities
Numismatic News
I am a value buyer. When at shows, dealers will come by with boxes/sets of coins to offer. I mention this really as an indication of the opportunity that exists in the current coin market with the strong rise in precious metals. As a value buyer, I look at anything in terms of what it will bring at current prices and whether it is interesting and salable in a reasonable time.
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Mint Revises $1 Coin Design For 2011
Vending Times
The U.S. Mint said it will update the design of the Native American $1 coin next year, leaving the familiar portrait of Sacagawea on the obverse (heads) side while replacing the reverse with a new image of a peace pipe being passed from one hand to another. The Native American $1 Coin Program, mandated by Congress, requires the U.S. Mint to issue $1 coins featuring designs celebrating the important contributions made by Indian tribes and individual Native Americans to the history and development of the United States.
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A Steady Market in an Uncertain World
Stack’s
The market has remained relatively unchanged during the past week or so. Demand for choice and rare coins of all kinds remains strong, with investors competing for high grade issues, MS-65 and Proof-65 and higher, especially for items priced from a few hundred dollars up to several thousand dollars. There is, of course, continuing demand for higher priced coins, but the number of newcomers coming into the field and dropping hundreds of thousands of dollars as a start have been fewer.
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