8/3 Numismatic Collecting News

		Penny, Nickel Costs Discussed in Hearing August 3, 2010 at 10:14 AM
		The recent hearing on "The State of U.S. Coins and Currency" by the House Subcommittee on Domestic Monetary Policy and Technology yielded another interesting sub-topic aside from the increased chance for 2010 Silver Eagle proofs previously mentioned on CoinNews. In fact, this topic proved to be a bit more contentious than the eagles as it invoked a miniature power struggle between the executive branch of the United States and Congress. At the heart of the matter is the makeup of American circulating coinage — its composition. For sometime, Lincoln penny and Jefferson nickel production costs have been higher than their corresponding 1c and 5c face values. In Fiscal Year 2009, the US Mint estimated the cent cost $0.0162 to produce while the nickel... Full Article: Coin Composition Debate Returns - CoinNews.net Related posts: Current and 2007 costs to mint U.S. coins – CoinNews 2009 Nickel and Dime Production Stops
		Odyssey Marine Exploration Wins Case Over Blockaded Ship August 3, 2010 at 10:13 AM
		Odyssey Marine Exploration, Inc. (NasdaqCM: OMEX), a pioneer in the field of deep-ocean shipwreck exploration, is pleased to report that Captain Sterling Vorus has been cleared of all charges by a court in Algeciras, Spain relating to the blockade and boarding of the Odyssey Explorer. The Spanish court ruled that Spanish officials did not have proper authorization to board or search Odyssey's ship in 2007.(...) Read the rest of Odyssey Marine Exploration Wins Case Over Blockaded Ship (804 words)
		Lower Mintage Mercury Dimes August 3, 2010 at 10:01 AM
		Perhaps it is time we take a second or even a first look at some of the lower mintage Mercury dime dates like the 1938-D. Right now the 1938-D seems fairly stable in terms of price, but you have to think that $34 for an MS-65 and $62 for an MS-65 with full split bands is awfully inexpensive considering its mintage and the potential for demand for a coin that is now more than 70 years old. The 1938-D Mercury dime had a mintage of ... Full Article: Will 1938-D Mercury make a move? - Numismatic News Related posts: Why the 1916-D Mercury Dime is Famous Depression Reason for Dime's Low Mintage – NumisMaster
		How to Examine Coins August 3, 2010 at 9:54 AM
		One thing I observed has not changed since the first class I taught in Colorado Springs, Colo., with Charles Hoskins back in 1973. I saw students using all kinds of methods to view coins. A few would lay the coin flat on the table and bend over it with their magnifier blocking most of the light needed to see the coin. Others would hold the coin and magnifier practically at arms length while trying to see the image in the lens almost a foot away from their eye ... Full Article: What's the Proper Way to Examine a Coin? - NumisMaster Related posts: Proper Coin Mailing If Given Proper Attention, Paquet Will Soar
		Research can elevate coin's value August 3, 2010 at 9:46 AM
		Information is a key component in determining an object's value and sometimes a nugget of a coin's history can substantially increase a coin's price. For example, one could argue that research, suggesting that a 1794 Flowing Hair dollar graded Specimen 66 by Professional Coin Grading Service was the first silver dollar ever struck by the U.S. Mint, strongly boosted the coin's importance to justify the reported  ... Full Article: Information adds value - Coin Values Related posts: Coin grading changes ahead? Coin Values: Market reacts to PCGS+
		Yosemite quarter launched August 3, 2010 at 9:26 AM
		The third coin released under the new America the Beautiful Quarters™ Program, the Yosemite National Park Quarter, was launched by the United States Mint and the National Park Service on Thursday, July 29. Over a thousand people attended the ceremony at the park's Valley Visitor's Center, located in Yosemite Village Loop, Yosemite, California. They were some of the first to see the new coin showcasing the park's "El Capitan," the largest granite monolith in the world, on the reverse (tails side) of the new strike.... Full Article: Yosemite Park Quarters Released - ParkQuarters.com Related posts: 2010 Yosemite Quarter Bags and Rolls 2010 Yosemite National Park Quarter Ceremony on July 29