Coin News Across the Web

By CoinLink on Monday, January 25, 2010
Filed Under: Coin News Daily

United States Mint Introduces 2010 Native American $1 Coin in New York City
Press Release
The United States Mint will launch the 2010 Native American $1 Coin in New York City on Monday, Jan. 25, 2010, at 10:30 a.m. Eastern Time (ET). United States Mint Director Ed Moy will join John Haworth, Director of the National Museum of the American Indian George Gustav Heye Center, to introduce the coin. The event is open to the news media and the public..
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Team finds lost U.K., Japan coins
Japan Times
A Japanese-Turkish research team announced Monday the discovery of a British-minted gold coin and a Japanese silver coin from a Turkish warship that sank 120 years ago off Kushimoto, Wakayama Prefecture. “Still there should be lots of gold coins” inside the ship Ertugrul, said Tufan Turanli, who heads the underwater archaeological team. The gold coin, dated 1856, measures 2.2 cm in diameter and weighs 8 grams.
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Collectors Universe Declares Quarterly Cash Dividend of $0.25 per Common Share
Collectors Universe
Collectors Universe, Inc. (Nasdaq: CLCT), a leading provider of value-added authentication and grading services to dealers and collectors of high-value collectibles, today announced that, pursuant to its previously adopted dividend policy, the Board of Directors has declared the Company’s quarterly cash dividend of $0.25 per share of common stock for the third quarter of fiscal 2010. The cash dividend will be paid on February 22, 2010 to stockholders of record on February 8, 2010.
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US Mint Circulating Coin Shipments Fall 48%
By Michael Zielinski – Coin Update
Economic conditions caused a significant decline in the need for the United States Mint’s circulating coins. Shipments to Federal Reserve Banks declined significantly, resulting in a corresponding decline in seigniorage. This article continues the coverage of the United States Mint 2009 Financial Results.
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Royal Canadian Mint releases Navy Centennial Silver Dollar
Royal Canadian Mint
The Royal Canadian Mint has chosen the Navy Centennial as the theme of its 2010 silver dollar. The coin displays the image of HMCS Sackville, one of 122 Flower-class corvettes in operation by the end of the Second World War, when Canada boasted the third largest navy in the world.
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Gold Premiums Soar in Three Foreign Markets
By Patrick A. Heller for Numismaster
The prices of gold and silver were clobbered last week, apparently almost all on the basis of the short selling of paper contracts. There are several indicators of rising physical demand that lead me to conclude that this is a temporary effect. 1. China, India and Vietnam are all among the top 10 gold consuming nations. Demand in those countries was so strong at the “cheap” prices by the end of last week, that prices in all three countries, relative to the world spot price, soared.
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Treasure coins popular
Coin Values
The discovery of the SS Central America in 1987 with tons of gold coins and ingots made some coins more accessible to collectors and created new objects for collectors to enjoy. For example, more than 5,200 1857-S Coronet gold $20 double eagles were recovered from the SS Central America, many in Mint State.
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Counterfeit Detection: Fake $5 Indian Lacks Details
NGC Newsletter
The missing details on this $5 Indian reveal it to be counterfeit. One common technique used by authenticators is to assess a coin’s level of detail. This can be done simply by visual inspection with the aid of a low-power magnifier. When common features are faint, indistinct or entirely lacking, there is good evidence that a coin is not the genuine article. This month we examine the reverse of a Denver Mint Indian Half Eagle. By examining it side-by-side with a genuine example, it’s clear that something is wrong.
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