6/24 Collecting News

NumisMedia Coin Market Report June 23, 2010 at 8:48 PM We all know that the coin market runs in cycles. The past couple of years, the overall market has been lower than the previous five years. Although, if you survey a group of major dealers across the country, some of them will tell you that the last two years have been the best in their business history. Coin cycles are much different today than they were twenty years ago. In the 1980s and 90s, when the coin market went south, most dealers had trouble selling coins, any coins. Some series were impossible to sell because ... Full Article: Bargain Hunters Competing with Continued Optimism - Numismatic Guaranty Corporation Related posts: NumisMedia Market Report: Prices Advance on Positive Auction Results Legend Market Report – WHO IS BUYING AND WHO IS SELLING? – CoinLink   Old silver coins… an ounce of advantage June 23, 2010 at 8:46 PM Back in the 1970s, the Krugerrand grabbed the attention of gold buyers by claiming it was the best way to own gold. Buyers leaped at the chance to buy a coin that was a convenient one troy ounce in gold weight. Whatever the headline price of gold is, that's the metallic value of the coin, because market prices are quoted in troy ounces ... Full Article: An ounce of advantage - Buzz with Dave Harper Related posts: Mintage Gives Yellowstone $1 Advantage Knowledgeable gold coin buyers wanted   Bermuda Petrel Cahow coin unveiled June 23, 2010 at 8:43 PM Everyone can own a cahow now. The Bermuda Petrel (cahow) coin was released last week by the Bermuda Monetary Authority. Dr. David Wingate, who rediscovered the birds after they were thought to be extinct, was consulted by the BMA about the image to be portrayed on the coin ... Full Article: Cahow coin unveiled - Bermuda Sun Related posts: Coins for 2010 World Cup Unveiled 2009 UK Britannia Gold Coins Unveiled   Lincoln Chronicles Set Values June 23, 2010 at 8:42 PM It has been just over eight months since the United States Mint released the Lincoln Coin and Chronicles Set on October 15, 2009 to a ravenous group of buyers. Initial day ordering was so high that many collectors experienced technical difficulties on the U.S. Mint's online store and when calling in by phone. Reports placed sales in the first five hours at almost 30,000 — an amazing number considering the mintage of the sets was capped at 50,000. Fast-forward 25 hours and all of the Mint's inventory was marked as sold. New orders were entered on a standby "waiting list" to cover cancellations. While the 30-hour sell-out was longer than some actually predicted, it showed the intense interest collectors and the general public had for the sets… and still do.. Full Article: Lincoln Coin and Chronicles Set Values - CoinNews Related posts: US Mint Lincoln Coin and Chronicles Set on Standby List Lincoln Coin and Chronicles Set Secondary Market Values   Rare 1795 Reeded Edge Liberty Cap Cent Certified by NGC June 23, 2010 at 8:39 PM Among early United States cents one of the rarest and most mysterious is Dr. William H. Sheldon's variety number 79 having a reeded edge, an example of which has just been certified by Numismatic Guaranty Corporation. Only eight pieces are confirmed to exist, and this one has been off the market for some 30 years. Its last public appearance was in a 1977 auction by the now-defunct Numismatic and Antiquarian Service Corporation of America (NASCA). NGC has graded ... Full Article: NGC Certifies Rare S-79 1795 Reeded Edge Liberty Cap Cent - Numismatic Guaranty Corporation Related posts: Official Auction of the Baltimore Coin and Currency Convention Realizes More Than $6.2 Million Copper record: $1,265,000 price achieved by cent   Why is New Orleans Barber Quarter Scarce? June 23, 2010 at 8:35 PM The 1901-O Barber quarter is hard to find in any condition above AG-3. With a mintage of 1,612,000, this coin should be easy to find in all grades. I have visited almost all coins shows in central Florida over the last four months. I have not been able to find one dealer who had a 1901-O in stock. When comparing the 1901-O against the 1896-O and 1905-O, the disparity is ... Full Article: Why is New Orleans Quarter Scarce? - NumisMaster Related posts: Northern Mariana Islands Quarter Most Scarce 1896-O Available, Rare, Depending on Grade – NumisMaster