Category Archives: Coin News

Bullion’s shadow hangs over market

Collectible and bullion impacted coins continue to sell in a tight range as this market commentary is being written. Gold bullion is trying to hold above $1,200 while silver is making its goal line stand at $14. There has been some uptick in activity in gold coins that appears to originate from stock market investors looking to cushion their now increasingly vulnerable stock and bond portfolios. So far, renewed interest by investors in gold has had little […]

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Viewpoint: Distribution uneven in quarter series

State Quarters Deluxe Collector’s Folder By Harvey Stack While going some file papers of the year 2009, I found a very complimentary letter from Delaware Congressman Michael N. Castle, chairman of the House Financial Services Committee in Congress during the time that the proposal for a statehood quarter program in 1995 was initiated to attract collectors and the public in collecting U.S. coins once again. What occurred before this congressional hearing took place: the United States Mint […]

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October coin production soars

The United States Mint revved up circulating coin production in October. The monthly total of 1,382,180,000 is 41 percent higher than the September monthly figure. There were increases in the denominations cents through quarters from both the Philadelphia and Denver minting facilities. No production of half dollars or dollar coins occurred. Nickels crossed the billion mark for the year and dimes have reached nearly 2 billion. Quarters stand at nearly 1.6 billion pieces. As is usually the […]

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PCGS slabs 40 million coins

Slabbing 40 million coins is no easy task. That milestone has been reached by the Professional Coin Grading Service, which was founded in 1986. The pioneer of third-party commercial grading firms reports that a Kano Natsuo 1 yen has been graded PCGS SP64 and now has a distinctive certification number of 40000000 on the insert label. “We are really happy to have this as our 40 millionth coin,â€� said PCGS President Don Willis. “On behalf of PCGS […]

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French speakers have found me

Small Date 1982-D copper cent What’s the French word for counterfeit? I didn’t know, either, until I looked it up on Translate.Google.com. Why did I care? For some reason this week, French speakers have discovered my email address as it relates to the unique 1982-D small date copper cent. The story of the find of this rarity is an amazing one. Almost two years after it was posted, it continues to draw more readers than anything new […]

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Key year for coin collectors is 1893

The key to the Morgan silver dollar series is a product of 1893. It was struck at the San Francisco Mint, and only 100,000 were made. The closing of an historical minting facility, two commemorative issues, and the mintage of two popular Morgan dollars make 1893 a unique and special year for numismatists. Silver and gold coins were struck at the Carson City Mint from 1870-1893. Coins with the CC mintmark have historical and numismatic appeal to […]

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Mint Statistics: Holiday demand pushes up proofs

Holiday shopping seems to be boosting certain Mint sales items. The 2018 clad proof set jumped by 10,711 to 406,984. Silver proof sets rose by 6,065 to 264,239. The puzzle is why clad sets outsell silver when silver sets tend to hold their value better. Is it simply the lower price? The Mint started moving some Eagle bullion coins. The silver version saw 680,000 shipped to Authorized Purchasers. Will demand push the monthly number above the 1,430,000 […]

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Community Voice Responses (December 4, 2018)

From the Nov. 9 Numismatic News E-Newsletter: Is collecting Standing Liberty quarters mandatory for successful hobbyists? Here are some answers sent from our e-newsletter readers to Editor Dave Harper.   No, not at all. The design is considered to be a classic in the United States series, but you can understand the history of the era and the U.S. coinage and monetary systems of the 1920s without owning a single one of these coins. If you are […]

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Letters to the Editor (December 4, 2018)

Coin slab photo says it all, don’t you think? Wow, Dave, I was so excited with my new purchase that I had to send you a pic right away. It is graded MS97+*, but because it has all the major stickers on it also, it should be a higher grade. I bought it for $500, but I plan to crack it out, resubmit, and then resubmit to all the sticker companies again. So for about another $1,000, […]

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