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Coin News for May 16-22, 2010

What’s New This Week……….

The Neil/Carter/Contursi specimen 1794 Flowing Hair silver dollar has been sold for $7,850,000, setting a new record as the world’s most valuable rare coin.

Ira and Larry Goldberg will be holding three exceptional sales prior Long Beach. Here we would like to highlight four of the World Coin Highlights, coincidentally all from the previous Goldberg’s Millennia Sale.

Part 3 of the Three Part series by Dr. Thomas Fitzgerald on The San Francisco Mint. “The third United States Mint at San Francisco, began striking coins in 1937.”

Doug Winter takes a look at Transitional US Gold Coins. There are a number of instances where two different designs were produced simultaneously, such as 1854 when both the Type I and the Type II Gold dollars issues produced or 1796 when No Stars and With Stars Quarter eagles were both issued. Very Interesting.

Numismatic Guaranty Corporation (NGC), the most-preferred certification and grading company in numismatics, announced today it has reached an unprecedented industry milestone – 20 million coins graded

CoinLink is please to announce a  Weekly Column by Greg Reynolds titled Coin Rarities & Related Topics. This column which will be posted Every Wednesday, will focus on on SPECIFIC coins, coin issues, collections or auctions and private sales of rarities.

Professional Coin Grading Service has launched a new web site, www.PCGSGlobal.com, that allows coin enthusiasts from around the world to view information about PCGS third-party grading and explains in their own local language how to use PCGS’ services.

The Cardinal Type Collection of Early Copper, a multi-million dollar display of over two dozen high-grade early American copper pieces including items from an all-time finest PCGS Set Registry collection, will be exhibited at the Long Beach Coin, Stamp & Collectibles Expo, June 3 – 5, 2010.

A new article by Doug Winter has just been posted “The (Very) High End of the Coin Market Needs Feeding” – Drawing from recent record breaknig prices in the Fine Art Market, Doug looks at how these high end sales may effect the Rare coin Market.

The June 19, 2010 Coin and Currency Auction will be conducted by SONNY HENRY’S AUCTION SERVICE of Mendota, IL. A nice mix of Rare & High Quality Coins including a 1878 $3 Gold PCGS Secure Plus MS 66+.

Part 2 of the Three Part series by Dr. Thomas Fitzgerald on The San Francisco Mint. “Frank Aleamon Leach was born in Auburn, New York on August 19, 1846. In 1852, when he was not quite five years old, the family arrived in San Francisco. As he became a teenager, Frank tried his hand by working in machine shops but found this work unsatisfactory…..”

A dazzling array of Buffalo nickels and Lincoln cents from The Brenda John Collection anchor the upcoming Heritage Auctions U.S. Coin Auction, with floor sessions held June 3-4 in conjunction with the Long Beach Coin Expo in Long Beach, CA. With incredible rarities in incredible grades, no Buffalo nickel or Lincoln cent collector will want to miss this auction.

Market Report by Laura Sperber of Legend Numismatics on the PCGS Invitational Coin Show in Las Vegas this past weekend: “We were blown away at how many people attended. Dealer wise, the list was impressive. Collector wise, Thursday was a list or who’s who! In our opinion, it was the best attended show so far.”

NEW & UPDATEDOur coverage of rare coin and currency news has expanded with Tim Shuck 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.

You can access ALL the News Here

Coin News for May 9-15, 2010

What’s New This Week……….

Heritage will offer a 1916 Doubled Die Obverse Buffalo Nickel as part of the Brenda John Collection, to be sold at the upcoming Long Beach Coin Auction

The educational event “Augustus Saint-Gaudens: The Renaissance of American Coinage” is being held August 15-18 at the Saint-Gaudens National Historic Site, Cornish, New Hampshire. The seminar is the American Numismatic Association’s inaugural “Destination Education” program

Part One of a special Three Part Series on The San Francisco Mint by Dr Thomas F. Fitzgerald. “On September 16, 1848, there were only about 15,000 people in Alta California. However, this changed rapidly with the discovery of gold at Sutter’s Mill…. ”

The Professional Coin Grading Service has opened an office in Paris, France as part of the company’s expanding international services. The new facility, physically establishing PCGS’s third-party grading in Europe

NGC is introducing a new service line to perform metal composition testing at the submitter’s request. Metallurgic analysis is available for pattern, essay, trial and mint error coins, as well as tokens and medals.

The Bank of Israel has issued and aptly named the very first Israeli gold bullion coins series “Jerusalem of Gold”. The coins in the series are legal tender. Each contains 1 oz. of fine gold.9999

Three lucky PCGS Set RegistrySM members have been selected to receive scholarships to the popular American Numismatic Association Summer Seminar in Colorado Springs, Colorado this year.

Doug Winter, rare gold coin expert offers up an Introduction and Overview of Carson City Double Eagles. “Carson City twenty dollar gold pieces, or double eagles, are the most available gold coins from this mint. Only one date in the series, the 1870-CC, can be called truly rare, although a number of other dates are very rare in high grades.”

Numismatic Guaranty Corp – The “King of South African Coins“, the unique and historic 1898 Single 9 Pond, sells for a record multi-million rand price and is certified by NGC.

Gainesville Coins: The numismatic marketplace is a diverse landscape of collectibles and investment opportunities that offers both opportunity and enjoyment to those who venture into some of the less publicized areas. We take a look at World Collector Coins

Thomas K. DeLorey on Colonial Coins – The Connecticut Coppers. For a small State, Connecticut has played a large role in the field of colonial American numismatics.

Odyssey Marine Exploration, Inc. has filed its Appellate Brief in the “Black Swan” case with the U.S. Court of Appeals for the Eleventh Circuit. In the brief, Odyssey demonstrates that the district court erroneously dismissed the case by using flawed legal analysis

Heritage Auction Galleries will offer the 1914 Federal Reserve Proofs Presentation Set Number 1 in its upcoming Signature® Currency Auction, held in conjunction with the Memphis International Paper Money Show, June 17-19. It is estimated at $60,000+.

By Wayne Sayles – This morning the Cultural Property Advisory Committee reconvened on Friday to consider the extension of a bilateral agreement with Italy that restricts the importation of certain classes of antiquities into the United States.

Laura Sperber Mid May Market Report: We’ve been crying for months that the supply of neat, fresh, and accurately graded coins is virtually non existent. Except for auctions, prices are virtually “stuck in mud” due to a fair level of dreck still floating around and the fact most cool coins are in VERY strong hands

By Doug Winter – The decade between 1834 and 1844 was the beginning of the modern era at the United States mint. The second half of this decade was especially interesting. A number of experiments and acts of legislation provided some of most attractive and popular issues in the history of American coinage.

NEW & UPDATEDOur coverage of rare coin and currency news has expanded with Tim Shuck 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.

You can access ALL the News Here

Coin News for May 2-8, 2010

What’s New This Week……….

Controversial 1959-D Lincoln Cent with Wheat Ears Reverse to be Sold at Goldbergs Pre Long Beach Coin Auction. This coin has created quite a bit of controversy in the past, and it’s time the allegations and innuendo get laid to rest.

Ponterio & Associates, Inc., the world and ancients auction division of Bowers and Merena Auctions, will conduct its Baltimore Auction of World and Ancient Coins and Paper Money as part of Bowers and Merena’s Official Auction of the June 2010 Whitman Coin & Collectibles Baltimore Expo.

Bill Shamhart of NumismaticAmericana.com is our newest Content Partner. Here is his CSNS Coin Show Report that includes sound advise “that the time to buy the right coin is when you see it”.

On April 30, 2010, a new website was launched, and it reflects the wide variety of products and services that Superior offers. The Superior coin firm in Los Angeles County has gone through several transformations over the decades.

With the final tallies for Heritage’s April 28 to May 3 Milwaukee Central States Numismatic and Currency auctions in at more than $20 million jointly including the previous week’s Chicago International Coin Fair World Coin auction – a $5.2 million event – made for a 10 day stretch that totaled more than $25 million in total for the company.

This past week marked the first Stack’s Coin Galleries auction sale of the year, and it was a resounding success, with over $1.7 million worth of coins, medals, tokens, and paper money sold.

Greg Reynolds takes an in depth look at the 1901-S Barber Quarter which just sold at the B&M auction. Great comments and quotes from industry and grading experts on this exceptional coin, including some history.
A Must Read Article !

After decades and decades in the dumps, it looks like there are small signs of life in the San Francisco gold coin market. Doug Winter posts “Finally…An Appeciation for San Francisco Gold Coinage

What is an “Eagle” Coin? – Numismatic writer Tom Delorey provides some history and insight into US Gold coins and the origins of this denomination.

The American Numismatic Association has contracted with its official paper money grader, Paper Money Guaranty, LLC to encapsulate, grade, appraise and provide a complete certification report for the ANA Bebee Collection of Paper Money. The collection, donated to the ANA Edward C. Rochette Money Museum by Aubrey and Adeline Bebee in 1987, is one of most comprehensive collections of U.S. paper money ever assembled.

Numismatists United for Political Action (NUPA) a grassroots organization with a mission to educate and inspire the coin collecting community to stand and be heard in Washington organized this week. The effort follows discussions at the recent Board of Directors meeting of the Industry Council for Tangible Assets (ICTA). NUPA is already set up on Google groups and Facebook and invites anyone, especially coin dealers and collectors to join and get involved. There are no dues or fees for membership.

Laura Sperber offer up the latest Legend Market Report: The 2010 Central States Coin Show. We were VERY surprised at how the show ended up for us. But then our expectations were small. It took a tremendous effort to make things happen.

NEW & UPDATEDOur coverage of rare coin and currency news has expanded with Tim Shuck 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.

You can access ALL the News Here

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