Coin News for February 6, 2010

By Tim Shuck on Saturday, February 6, 2010
Filed Under: Coin News Daily

New BEP Web Media Center
Bureau of Engraving and Printing
The U.S. Bureau of Engraving and Printing has a new educational/ media web site: “This media center has been developed to provide information about the U.S. redesigned currency public education program that includes the redesigned Series 2004 $10, $20 and $50 bills, and the Series 2006 redesigned $5 bill.”
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Bank Indonesia Replaces Currency Note
The Jakarta Post
BI had planned to issue a Rp 2,000 banknote (about 22 US cents) and a Rp 1,000 coin this year. Only the new banknote has been circulating. The Rp 2,000 bill will be the country’s smallest denomination banknote once the Rp 1,000 coin takes the place of the existing Rp 1,000 bill. The new coins, like the new bill, will use Braille making them more convenient for visually impaired people. BI is preparing new designs and security systems to discourage counterfeiters.
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Collecting First Day Coin Covers
Coin Update News
The philatelic community has long cherished the creation and collection of First Day Stamp Covers. By simply placing a newly introduced stamp on an envelope and having it shipped to an address (therefore having the stamp canceled on the first day of the stamp’s release), a collector has created a philatelic collectible that honors the artistry and symbolism behind the stamp. In more recent times, this practice has been revised and updated in numismatic circles with First Day Coin Covers (FDCC). These items are similar collectibles to the stamp covers, however, they commemorate the first strike and/or circulation release of a newly minted coin.
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New PCGS Events for 2010
Collectors Universe
PCGS, PCGS CoinFacts, and the Certified Coin Exchange (CCE) will be launching numerous new initiatives, products, and services this year. Some fairly significant things have already been done, such as the Million Dollar Coin Club and the new much faster and cheaper shipping deal. Some things, such as our research on the 1841 quarter eagle and imagining of every U.S. coin and variety on PCGS CoinFacts are ongoing.
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Royal Canadian Mint Olympic Pavilion
Royal Canadian Mint
The countdown is on as the Royal Canadian Mint prepares to launch a unique and interactive pavilion for visitors during the Vancouver 2010 Olympic Winter Games. An impressive exhibit showcasing award-winning numismatic and circulation coins, world-class craftsmanship through the making of the Olympic and Paralympic medals, and the world-famous million-dollar gold coin is set to open February 12, 2010.
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PCGS Photograde Update Review
Coin Collector’s Blog
On both the website and the iPhone app, the home page now has entries for “Two & Three Cents” coins and divided the gold into “Small Gold Coins” and “Large Gold Coins.” The full look of the screen looks good and gives the website and iPhone app the impression that it is more complete.
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About the Author

Tim Shuck is a life-long Midwestern resident, and started collecting coins after finding an Indian Head cent on the ground at his childhood farm home. Additional encouragement came from looking through a collection of well-worn late 19th and early 20th century coins kept by his grandfather in an old leather coin purse. Current collecting interests include U.S. types from the Civil War era through the early 1930's, and Colonial and Early American coins.