Welcome to Coin Update!
We’re back for another round up of coin collecting news and articles from around the internet! First, a new installment of Coingrader Capsule. Also, the monthly report of US Mint bullion coin sales, ATB 5 oz. silver coins, lower sales for annual sets, reactions to the US Mint’s handling of the 25th Anniversary Silver Eagle Set, Goldline, the Hackney hoard, assembling sets of silver coins, Nisei Soldiers World War II bronze medals, 2012 Silver Britannia, and notable auctions. On to the links…
A new Coingrader Capsule “Slabbing Judgment Calls” provides examples of coins that were considered for submission to grading companies but ultimately left raw.
US Mint bullion sales slowed down in October 2011, with gold bullion actually recording its lowest monthly total for the year. The one bright spot was the ATB 5 oz. silver bullion coins, which more than doubled from the previous month to sell 6,200 coins.
Louis Golino has some thoughts on the ATB 5 oz. silver series.
Dave Harper has some remarks on the declining sales for annual mint products like proof sets and mint sets.
A York, Pennsylvania newspaper reports on the 25th Anniversary Silver Eagle Sets, claiming that about 80% of his customers were upset with how the US Mint handled the offering.
CoinWorld Editor Beth Deisher says the US Mint needs a different approach to selling low mintage products.
Goldline has been charged with theft and fraud in a 19-count criminal complaint, which alleges a “bait and switch operation” from gold bullion to overpriced coins. The company responded that they would vigorously fight the charges which were “without merit” and “preposterous.”
This article discusses various methods to purchase gold and the informal battle for the world’s largest gold coin between Canada and Australia.
The “Hackney Hoard,” a jar found in a garden filled with 80 gold double eagles, will be offered for sale by London auctioneers Morton & Eden.
Coin Rarities & Related Topics discusses assembling sets of silver coins. Part one covers dimes and half dollars, while part two covers quarters.
The US Mint is offering bronze reproductions of the Nisei Soldiers World War II Congressional Gold Medal. It’s an excellent design by Joel Iskowitz (obverse) and Don Everhart (reverse).
The Royal British Mint has announced the design for the 2012 Britannia Silver Bullion Coins.
And now for some notable auctions. First, a lot of four different Saint Gaudens Double Eagles graded NGC MS 64, with all coins housed in older generation holders.
Next, a big group of 100 off center Lincoln Cents.
Last the 1994 U.S. Veterans Commemorative Proof Set, which includes three silver dollars issued for the POW Memorial, Vietnam Veterans Memorial, and Women in Military Service.
That’s it for the update. See you next time!... http://coinupdate.com/2011/11/03/november-3-2011-us-mint-bullion-sales-anniversary-set-reactions-silver-britannia-design/ Coin Update