Coin Collecting

We have renamed the CoinLink site to CoinWeek! We have all new news sections, an events and dealer directory, and all new video news for your viewing pleasure! Please come visit www.CoinWeek.com!

Here are some of our featured articles you can find on CoinWeek!

US Mint Taken to Task for Outsourcing Bullion Blanks and Attitude
Four witnesses testifying before House Committee on Financial Services Subcommittee on Domestic Monetary Policy and Technology agreed that the US MINT loses at least one third of their bullion coin sales because they cannot meet demand.
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How Proof Gold Coins Are Graded Differently Than Business Strikes – Doug Winter
In order to fully grasp the topic of this blog, there are a few concepts that I’d like to introduce. The first is the mistaken concept that “Proof” refers to a grade. Proof is actually a method of manufacture that entails striking coins with care on specially polished planchets and often using multiple blows of the dies. Proofs are made in limited quantity and are produced by the Mint for collectors. Business strikes, on the other hand, are not afforded any special care or striking and they are produced for circulation with little thought regarding their appearance or quality.
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The First Stack’s-Bowers Auction, Part 1, Copper and Silver – Greg Reynolds
As I reported in my column on The Ten Leading Topics of 2010, the West Coast auction firm of B&M, a subsidiary of Spectrum, merged with Stack’s, an East Coast coin firm. Spectrum, a Fortune 500 company, owns 51% of the combined entity and the former shareholders of Stack’s-ANR own 49%. Most of this 49% share is held by a family that has a publishing empire in the South, including Whitman.
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Islamic Coin Sells For £3.7 Million In Morton & Eden Sale – Second Most Expensive Coin Ever Sold at Auction
One of the rarest and most highly-prized of all Islamic gold coins, struck possibly to coincide with an occasion when the Caliph himself led the Hajj pilgrimage to Mecca, sold for a record £3.7 million ($6.029,400 US) in a sale at specialist auctioneers Morton & Eden in London today. The price makes it the second most expensive coin ever auctioned. (The most expensive is the 1933 Double Eagle sold by Sotheby’s in July 2002 for $7,590,020).
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Gold Silver PAC Reception at Baltimore Expo
The Gold & Silver PAC held a reception honoring Congressman Lamar Smith Republican, 21st Congressional District of Texas: Chairman, House Judiciary Committee, Member of the House Homeland Security Committee and Member of the House Science Committee.
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Class-action suit accuses UBS of Charging Storage Fees On “Phantom” Silver.
In 1984, Michigan resident Laurin Ramsey purchased 10 pieces of 100 ounce pure silver bars from the Swiss bank UBS or its Paine Webber subsidiary. Ever since, he had paid $25 per month for storage fees. A few years ago, he tired of paying the storage fees and contacted the bank to arrange delivery.
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The Spring Baltimore Coin Show Market Report – Laura Sperber
Might sound s little extreme, but we can not say enough positives about the people who put on the Baltimore Show. Mary Counts, David Chrenshaw, Lori Hamrick, etc all do such a heroic job, they deserve to be nominated for the Nobel Prize!
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CoinLink is now CoinWeek! We are still providing the best numismatic news the web has to offer, but at our new address www.CoinWeek.com!

Here are the latest featured articles on CoinWeek:

How the Internet Has Changed Rare Coin Auctions – Doug Winter
In my last blog, I discussed ways how the internet has impacted the concept of eye appeal when it comes to coins. Continuing this internet-related theme, I’d like to focus on how the web has impacted rare coin auctions.
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The Spectacular Nevada Accumulation and the Morelan Collection of Type Coins – Greg Reynolds
It has already been reported that the PCGS certified ‘Specimen-65′ Naftzger-Parrino 1793 Chain Cent, with AMERI. on the reverse (back), was acquired by Bruce Morelan, who is a leading collector and a minority shareholder in Legend Numismatics. This large cent, though, was just one part of an accumulation of gem quality type coins.
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Details on Legend Numismatics Coin Deal of the Decade – Laura Sperber

We are still in shock. After going just about a full year with no big fresh coin deals other than in auctions (we consider the Sonnier Colored Morgans the last truly FRESH deal we purchased), here comes this monster deal out of no where.
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Eye Appeal of Coins in the Age of the Internet – Doug Winter

I’ve recently read articles on other websites about how the coin market has changed in the last few decades. Surprisingly, few of these articles mentioned the internet; the single biggest game-changer of the past decade, certainly, and along with third-party grading probably the most important development with numismatic applications since the 1950′s.
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Legend Numismatics Completes Major Acquisition

Legend Numismatics of Lincroft, New Jersey is pleased to announce the purchase of a world-class partial Type set that has been off the market for many years. This set contains a number of spectacular rarities in superb condition. Included in the set is the famous Mickley 1793 AMERI. Chain cent in PCGS Specimen 65. This is the finest AMERI. Chain cent ever graded by PCGS and is valued at over $2 million.
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Coin Rarities & Related Topics: Super Premiums for Common Silver Dollars with Attractive Toning – Greg Reynolds
In the recent auction in Sacramento, two 1881-S Morgan Dollars with eye-catching toning realized sums that caught my attention. While the prices realized for these two silver dollars are not huge in the realm of auctions, these two brought super premiums over the market values of relatively untoned coins of the same date, type and certified grade.
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1796 Half Dollar Leads $9.68 million Sacramento Coin Auction
It was a 1796 Half Dollar, 15 Stars AU58 PCGS, a stunning coin featuring one of the rarest designs in all of U.S. coinage, that emerged from spirited bidding as the top lot in Heritage Auctions’ March 17-20 Signature® ANA U.S. Coin Auction, with a final price realized of $207,000. The auction realized more than $9.682 million, all told, not counting continuing After Auction sales. All prices include 15% Buyer’s Premium.
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Here are some recent articles you can find on the new CoinWeek website! CoinLink has renamed itself to CoinWeek, and we are still providing the great news you’ve had in the past.

US Attorney Says Attempts To Use “Liberty Dollar” As Money Is Domestic Terrorism – Von Nothaus Found Guilty
Liberty Dollar creator and self proclaimed “monetary architect” Bernard Von NotHaus was found guilty in US federal court in North Carolina on Friday of Counterfeiting and Fraud. The Justice Department asserted that Von NotHaus was placing gold, and silver coins, along with precious metals currency into circulation with the purpose of mixing them “into the current money of the United States.”
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The Sacramento ANA Show
Any locale where it takes a change of planes to get to will not draw the major dealers. You can also bet it won’t draw the crowds of buyers either. That’s exactly what happened at Sacramento. The results sadly were as excepted for us (and others): VERY disappointing. For sure a huge segment of dealers elected not to attend. The majority of East Coast dealers also stayed away because the Baltimore Show is 2 weeks away.
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Coin Profile: Proof 1836 50/00 Capped Bust Half Dollar
Writing in the 1989 edition of his encyclopedia of U.S. and Colonial proof coins, the late Walter Breen accounts for four die marriages of the proof 1836 Lettered Edge Capped Bust Half Dollar. Of the four varieties, two are of perhaps the greatest interest to advanced Bust Half Dollar enthusiasts: the 1836/1336 O-108, and this coin,the 50/00 O-116 blundered reverse.
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8-Pound California Gold Nugget Sells for $460K at Holabird-Kagin Americana Auction
The LARGEST CALIFORNIA GOLD RUSH NUGGET left in existence, the 100 troy ounce gold nugget discovered last year in Nevada County, California, was sold at auction by Holabird-Kagin Americana on March 16th in Sacramento for $460,000.
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BBB Warns Austin-Based Coin Firms Ads May Be Peddling ‘Fool’s Gold’
Consumers nationwide should be on the alert for advertisements from two Texas-based companies that are using newspapers to sell gold bullion coins “completely free of dealer mark-up,” Better Business Bureau (BBB) warns. The companies appear to be using the ads to entice consumers to buy more expensive “collector coins” at prices significantly higher than they could be bought elsewhere.
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Coin Rarities & Related Topics: Changes in Demand for Rare U.S. Coins So Far in 2011
After discussing the motivations and strategies of bidders at coin auctions last week, and the meaning of auction prices in general, I am directing attention to current coin markets overall. I have posed questions to and debated many dealers, some of whom do not wish to be quoted, regarding price changes and demand for rare coins in 2011.
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