Friday, November 16, 2012

2012 Proof Silver Eagle, Three Cent Silver Coins, Investing in ...

Welcome to Coin Update!

We?re back for another round up of the coin collecting news and articles from around the internet!

The latest US Mint numismatic product sales report is full of activity with new releases, sold out items, and a jump in sales for many precious metals products.

Here is some more color on the most recently sold out product, the individual option for the 2012 Proof Silver Eagle.

Coin Rarities & Related Topics covers the most valuable three cent silver coin, an 1851 three cent silver certified as a proof which is included in an upcoming Stack?s Bowers auction.

Will the half dollar be the next denomination to feature annual design changes?

Here are some issues related to coins and currency that might be impacted following the Presidential election, including the nomination of a new US Mint Director.

Q. David Bowers discusses the concept of Optimal Collecting Grade, where a high level coin can be purchased at a discount compared to a coin that is one grade higher.

A local newspaper article about an enthusiastic 9-year old coin collector.

A reader submitted article from the Numismatic News 60th Anniversary Special Issue about an interest in coin collecting rekindled, following in the footsteps of his father.

The Japan Mint will take on work producing coins for Bangladesh. This is the first contract they have won to produce circulating coins for another country since 1945.

An article in the New York Times focuses on investing in physical gold: How About a Fort Knox of Your Own?

According to Johnson Matthey Plc, platinum and palladium will return to the biggest shortages in at least a decade.

A 1740 silver pattern ruble established a new record for any Russian coin when it sold at auction for $3.85 million.

And now for some notable auctions. First, a complete collection of 1892-1915 Barber Half Dollars in Dansco album. The no reserve auction has already attracted 30 bids.

Next, a 1958 Jefferson Nickel error struck on a Cuban 1 centavo planchet certified by PCGS and graded MS61.

That?s it for the update. See you next time!

Source: http://coinupdate.com/november-14-2012-2012-proof-silver-eagle-three-cent-silver-coins-investing-in-physical-gold/

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