Ultra High Relief Ceremony @ Phila Mint-2
Part 2 of 2 – Remarks by United States Mint Director Edmund. C Moy at the Philadelphia Mint ribbon cutting to commemorate the public release of the 2009 Ultra High Relief Double Eagle gold coin. Recorded on February 3, 2009 by Jason D. O’Grady from the Atlantic County Numismatic Society (ACNS) www.accoins.org … US Mint Coin Gold Double Eagle Numismatics Edmund Moy Philadelphia
Gold Losses Trimmed as Dollar Mixed, Silver Declines
Gold pitched away from last week gains and a four day win streak to fall slightly on Monday. A fluctuating U.S. dollar spurred the yellow metal to recover a chunk of earlier day losses. Silver and platinum declined more firmly while crude-oil rallied with U.S. stocks.
In New York trading futures for bullion:
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Silver for July delivery fell 18.1 cents, or 1.3 percent, to 13.947 an ounce.
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Gold for August delivery lost 30 cents, or 0.03 percent, to $940.70 an ounce.
- July platinum declined $18.80, or 1.6 percent, to $1,184.20 an ounce.
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Royal Canadian Mint Releases Missing Gold Findings
OTTAWA, ON — The Royal Canadian Mint today released the findings of a third party review related to the unreconciled difference between the Corporation’s rolling inventory and the physical count of precious metals for the 2008 fiscal year.
The scope of the review, conducted by Deloitte and Touche, was to specifically determine if the unreconciled difference in gold was the result of an accounting or transaction recording error.
The report concluded that "the unaccounted for difference in gold does not appear to relate to an accounting error in the reconciliation process, an accounting error in the physical stock count schedules, or an accounting error in the recordkeeping of transactions during the year."
The Deloitte and Touche report identified three other areas for consideration:
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US Mint Last Chance Sale Ends Tuesday
Tuesday is the deadline for a US Mint offering dubbed the "Last Opportunity" — a sale that includes nearly twenty products from the Mint’s about to be discontinued 2008-dated coin series.
The last chance sale began more than a month ago with an assortment of State Quarter Greeting Products, First Day Coin Covers, Presidential $1 Coin Covers and Denver or Philadelphia Coin and Die Sets.
The products are being sold at their original price points, but without household limits. A 7-day return policy is in effect for each although the Mint said it will not accept returns unless a product was delivered damaged.
The last chance sale has not caused a collector frenzy by any means. However, several thousand more coin covers have been purchased in recent weeks according to US Mint figures.
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Former U.S. Mint Director Jay Johnson Becomes Spokesperson for Goldline International
Former U.S. Mint Director and Congressman Jay Johnson has become a spokesperson for Goldline International, Inc.
"As a former Director of the United States Mint, I believe strongly in the importance of owning gold as part of a diversified portfolio" said Johnson.
"That’s why I’m proud to endorse Goldline which has been helping people acquire gold and other precious metals for nearly 50 years."
During his term as the 36th Director of the U.S. Mint, Johnson managed the multi-billion dollar manufacturing business for the U.S. government. Under his supervision, the U.S. Mint produced a record 26 billion coins in the fiscal year 2000-2001 along with a record "profit" of $2.6 billion dollars. Johnson is also a former U.S Congressman from Wisconsin and a long-time award-winning news broadcaster and recipient of an American Numismatic Association Presidential Award.
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Three 1876-CC Twenty Cent Coins Sell in Spring 2009; Less than Twenty are Known! (Part 2 – Rarity, Quality & Condition Rankings)
June 30, 2009 by admin
Filed under US Coin news
By Greg Reynolds for CoinLink
The 1876-CC (Carson City, Nevada) Twenty Cent piece is the rarest date of this short lived denomination, and it is a famous Great Rarity. In a Sept. 2008 article on CoinLink, I tentatively estimated that between eighteen and twenty-six exist. As a result of further research, I am changing my estimate to a range of fifteen to nineteen, which is in line with estimates put forth by a few other researchers. The facts regarding 1876-CC Twenty Cent pieces in general and the specific sales of three this Spring are put forth in part 1. Here in part 2, discussions involve rarity, quality, pedigrees and tentatively formulated condition rankings.
I have only been able to identify, with a high degree of confidence, fourteen different 1876-CC Twenty Cent pieces, of which I have carefully examined eight. I have asked experts about most of these fourteen. Undoubtedly, there exists at least one other. After considering auction records, published rosters, various rumors, and alternate scenarios in my mind, I just do not believe that there could be as many as twenty.
There is an excellent chance that the Norweb 1876-CC Twenty Cent piece is the finest known. It was auctioned in New York as part of the Norweb I sale in Oct. 1987. At some point in the months that followed, it was NGC graded MS-65. The NGC upgraded it to 66 in the 1990s. For several years, Jay Parrino owned it. In 2001, when it was auctioned by Heritage, it was (and still is) PCGS graded 66. More recently, it is (or was) in the Driftwood collection in the PCGS registry.
Of the fourteen that I know about, I tentatively hypothesize that the Eliasberg piece is the second finest known, assuming that its appearance has not negatively changed since I last saw it. This is a sizeable assumption. I had previously thought that the Emery-Nichols-Lustig-Thomas 1876-CC was the second finest known.
Though I have yet to see the Emery-Nichols-Lustig-Thomas 1876-CC, discussion of its condition with several expert graders, along with recent images, have led me to conclude that it is not the second finest known, though it is an attractive, desirable coin. As discussed in part 1, it is the one that Heritage auctioned in April for $460,000. While I have traced the pedigree of this coin back to the mid 1990s, I am not completely certain that it is the Emery-Nichols piece, which was auctioned by Bowers & Merena (NH) in 1984 and owned by Andy Lustig in the late 1980s. (more…)
Coin Collecting Help needed with translations?
Ok i have been collecting coins for past 8 or 9 years. my grand father ( who is very old ) decided to give me his collection. i start to make a log of them. and finished about half 
now i have a prob
their are some coins form middle east and i can't understand a dam thing on them ( some of them don't even have a single English letter on them )
could some one help me translate them ?
i have come thing like 50 coins
Coin Chat Radio: Lincoln Cent Values, Newly Minted Coins, Kids and Collecting
Coin Chat Radio’s June 25 episode includes discussions on new and old Lincoln cents, freshly minted coins from Pobjoy and US mints, and stories of kids and collecting.
Bob Van Ryzin’s "What’s In The News" segment focuses on the recent US Mint decision to end bullion eagle rationing. The Mint now appears to have sufficient silver and gold blank inventories to meet the demand of its’ authorized purchasers.
Numismatic News Editor Dave Harper talks with coin dealer John Wells from Milford, Pennsylvania about new Lincoln cents, old cents, their sales and overall penny values.
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Bullion & Business Weekend Report – June 27
Precious metals split this week and experienced narrow movements. Gold appeared slightly more attractive to investors as the U.S. dollar showed weakness. The yellow metal in London ended higher for the first week in four while silver marked its first gain in three. Platinum, however, retreated for week three.
In other markets, crude-oil fell below $70 to register a second week of losses while U.S. stocks finished mixed. Major European indexes moved lower.
In London for the week, gold modestly climbed 0.7 percent, silver inched 0.2 percent higher, and platinum slid 0.7 percent. Precious metal figures follow:
Silver closed Friday to $14.26 an ounce, gaining 3 cents this week.
Gold was fixed at $942.00 an ounce, rising $6.75 on the week.
Platinum fell to $1,203.00 an ounce, declining $9.00 for the week.
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6/15/2009 David Hall Coin Market Comments – PCGS – Professional Coin Grading Service
on recent changes in coin prices and other activities in the rarecoin market. Market Comments is a weekly video featuring David Hall. He talks about activity in the rare coin market and weekly, monthly, and yearly changes in coin values. Brought to you by Professional Coin Grading Service -www.pcgs.com … coins coin values pcgs prices priceguide price guide david hall professional grading service numismatic numismatics collecting morgan silver dollar lincoln cent nickel dime quarter gold …