Gold Eagle Price

Did you know there was a big coin show in Pittsburgh? The National Money Show was held this past week in Pittsburgh with a rousing silence. There was no news. No announcements. Nothing. It had to be one of the quietest shows in recent memory. Although I could not attend, I was waiting for something […]

There may be more of a shift in the market for coins than is being recognized. While the more highly desirable Morgan silver dollars (date or condition rarities) continue to hold their value, there are few that have increased significantly in value recently. The market for all other Morgan silver dollars remains weak, with some price declines appearing regularly. Considering the Morgan dollar market has been the meat and potatoes of U.S. coin collecting for many years, this might suggest collector interests are shifting. Entry-level material, that being recently issued Mint and Proof sets as well as the collectible versions of gold and silver American Eagles, remain healthy. Some of these buyers will “graduate” to coins that are more in the realm of being collectible rather than representing intrinsic value exclusively. The question to be raised is if these collectors are not excited about Morgan silver dollars, what interests these newer collectors? Coins worthy of being sold at auc...

A seemingly rare 1943-P “copper” Lincoln cent disappointingly turned out to be a counterfeit. by Sam Lukes The March 19 issue of Numismatic News featured “Another rare 1943 ‘copper’ cent slabbed,” which followed on the heels of a Feb. 5 article in reference to the legendary Don Lutes Jr. specimen that sold at auction for $204,000. Earlier this year, an individual from out of state contacted me and stated he had a circulated 1943-P Lincoln Head cent, which, when applied to a very strong magnet, the coin did not stick. So far, so good, as the “magnet test” confirmed it was not struck from a common zinc-coated steel alloy cent that had been copper-plated as many are. I then instructed him to e-mail me photo images of the coin’s obverse and reverse, and to also weigh the coin. He shortly complied, and the weight of the cent registered 3.19 grams (heavier than the normal issue of 3.11 grams). I suggested the coin might have been struck on a foreign planchet, which would have to be de...

(Image courtesy www.usmint.gov) Collectors can now purchase an America the Beautiful Quarters 2019 Uncirculated Coin Set from the United States Mint for $13.95. Each set includes 10 uncirculated quarters, with five minted in Philadelphia and five minted in Denver. These quarters honor our Nation’s national parks and sites and include Lowell National Historical Park, American Memorial Park, War in the Pacific National Historical Park, San Antonio Missions National Historical Park, and Frank Church River of No Return Wilderness. For more information, visit www.usmint.gov .   This article was originally printed in Numismatic News . >> Subscribe today.   If you like what you’ve read here, we invite you to visit our online bookstore to learn more about 2019 U.S. Coin Digest . Learn more >>> The post ATB uncirculated set available appeared first on Numismatic News .

February production totals are in and are down 251,200,000, or 16.67%, from January. While this may seem like a significant drop, it is important to consider that January’s production totals had increased over December’s by a whopping 169%. Cents represent a large percentage of the decrease, with 186 million fewer cents produced in February than in January. Nickels, dimes, and quarters were all slightly down as well. There were no half dollars produced in February, compared to 3.4 million in January. How does this stack up to last year? In February 2019, the Mint released a total of 1,256,100,000 coins compared to 1,066,510,000 in 2018. So year over year, February has shown an increase of 17.8%, spread fairly evenly across all denominations, with just dimes standing out. In February 2019, the Mint produced 248 million dimes, compared to just 154 million in 2018. Given that coin production overall has been falling three years in a row ( see Dave Harper’s assessment from the Feb. 5, 2...

Precious metals futures ended ahead Friday but they remained in negative territory for the month. In the longer stretch, all but silver posted an increase in the first quarter of 2019. Gold for June... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Professional Coin Grading Service and Newman Numismatic Portal announce the full-view availability of Bowers & Merena (and predecessor) auction sale catalogs on NNP. PCGS holds electronic rights to Bowers & Merena publications prior to February 2004 and is making this content available to NNP on a non-exclusive basis. The series consists of approximately 200 auction sale catalogs from 1972 to 2004, featuring legendary collections such as Garrett, Norweb, Eliasberg, and Bass. The Bowers & Merena auction sale catalogs may be accessed on the Newman Portal at https://nnp.wustl.edu/library/auctioncompanies . Additional classic publications of Bowers & Merena, including Rare Coin Review , will be added over time. The longstanding “house organ” of Bowers & Merena, Rare Coin Review featured substantive research articles in addition to market updates and fixed price listings of significant coins. Brett Charville, president of PCGS, commented “PCGS has received many reque...

With the first quarter drawing to a close, we thought it would be interesting to take a look at sales in the first quarter to 2019 as compared to the same time period in 2018. The first thing to stand out is the underperformance of the 2019 gold proof as compared with 2019. Overall, total sales of all options offered are down about 3,500 coins, or 26%. Gold Buffalos had not yet been released last year at this time, so obviously the Mint is ahead there. Bullion Eagle sales are up year over year, with platinum up 3,500, gold up 10,500, and silver slightly behind last March, primarily due to the Mint’s recent suspension of sales. Total bullion sales for 2019 vs. 2018 are up 42% at this time last year. Of note this week, the 2019 ten-coin clad proof set increased by 11,204 from last week. Other increases of note include an increase of 2,127 on 2019-W proof silver Eagles, 1,827 more Apollo 11 .999 silver dollar proofs, and 717 of the 2019 Rocketship set. American Legion Commemorative coi...

From the Mar. 22 Numismatic News E-Newsletter: What is your favorite reference book, and why? Here are some answers sent in from our e-newsletter readers.     My favorite book is really the series of books that cover world coins, the Krause Publications Standard Catalog of World Coins . Being able to look up any coin from the 1600s up to the present is extremely helpful. Information provided such as pricing in various grades, minting information, and geographic and political affiliation of each country is very important to my coin collecting hobby. I hope that the current news about F+W does not affect this series of books. They are just too important to the hobby to fade away. Jason Elwell El Paso, Texas   Being an Oklahoma Token collector first, my favorite is Oklahoma Exonumia by Richard Chadwick. Johnny Satterlee Address withheld   My favorite was the Standard Catalog of Small-Size U.S. Paper Money but alas it is no longer being published. Ray Gi...

(Image courtesy www.usscouts.org) Boy Scout seeks advice I just completed the coin collecting merit badge for the Boy Scouts of America and I wanted to learn more. First, how do you find really old coins? How do you find the find really valuable coins? I’m working on the state quarters, and I was wondering if you had any tips on how to find them. Carter Sisam Address withheld   First 2019 coins in Mich. I just received my first 2019 coins in change. They came from a fast food restaurant in Ann Arbor, Mich. – two 2019-D Lincoln cents. Dick Vail Address withheld   Indian Head cent finds Today I found my second Indian Head cent of the year. This one is an 1890. It is a very nice sample with just nice wear. My first was an 1881 and that one is very nice also. I feel great about having two Indians in two months. Bob Atwater Conway, S.C.   To slab or not to slab? Remember what it was like to actually hold coins in your hand? To be able to look at them from ...

Taking top honors in the auction was this 1795 $10 gold piece, graded MS64+ by PCGS. Winning bid was $822,500. (Images courtesy Legend Rare Coin Auctions) In a fantastic sale featuring 497 hand-selected coins from several amazing cabinets, Legend Rare Coin Auctions’ 32nd Regency Auction set many records, as an extremely active room and internet bidding drove prices up. Held in conjunction with the PCGS Members Show at the Cosmopolitan Hotel in Las Vegas, The Grand Prix, Young-Dakota, Intense Cameo, and Prospect Collections attracted a great deal of attention and created quite a buzz in the market. This culminated in a highly successful auction event, again proving that smaller-sized auctions can bring out the best buyers. A record number of people viewed the auction online and in person at the event. The highlight of the sale, garnering the highest bid in the auction, was the fresh to market, totally original 1795 $10 gold piece, graded MS64+ by PCGS and endorsed by CAC. Realizing ...

In late April, the United States Mint and the National Park Service will officially introduce the quarter celebrating American Memorial Park in the Commonwealth of the Northern Mariana Islands. This... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

By Michael S. Fey and Yosef Baker This is to report the discovery of a new kind of die variety that we are calling the “Sunburst Variety.” It has multiple radiating die stress cracks or incised lines extending from Lady Liberty’s shoulder and arm. What makes this discovery new is what appears to be multiple die cracks or lines emanating in a radiating fashion from near the central portions of the die as evidenced on this discovery of a 1945 Philadelphia Walking Liberty half dollar. It takes on the appearance of a sunburst, not unlike the rays coming out from the sun on the obverse of the Walking Liberty half dollar. 1945 Walking Liberty half dollar obverse with multiple radiating die stress cracks or incised lines. (Photo courtesy of Ken Potter) Although die cracks sometimes emanate from the edges of a coin (called radial die cracks), and occasionally in the central area of the die in a random fashion, this is the first instance that we are aware of in which multiple die cracks, o...

Recently adopted anti-counterfeiting language in the Bylaws of the Professional Numismatists Guild (www.PNGdealers.org) has been revised to clarify the organization's commitment to fighting against... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

A 1975 2-yuan proof note from China was the star of Stack’s Bowers’ paper money auction held March 25 in Hong Kong. “Iron Man” Wang Jinxi, regarded as a hero in the People’s Republic of China for his work in 1960 at the Daqing Oil Field, appears on the front of this 1975 2-yuan proof note from China. It sold for $240,000 in Stack’s Bowers’ March 25 paper money auction held in Hong Kong. Certified by Paper Money Guaranty and graded PMG 62 UNC, the lot realized $240,000, far above its pre-sale estimate of $75,000-$100,000. The proposed design features “Iron Man” Wang Jinxi, regarded as a hero in the People’s Republic of China for his work in 1960 at the Daqing Oil Field. This was China’s first world-class oil field, and it is pictured on the back of the note. “We are very pleased with the result,” said Aris Maragoudakis, director of World Currency Auctions at Stack’s Bowers. “This is an excellent example of the strength of PMG certification.” In fact, nine of the top 10 prices rea...

Seal of the United States Federal Reserve System. On Sept. 20, 2017, the Federal Open Market Committee announcement included an unusual statement in its next-to-last paragraph: “In October the Committee will initiate the balance sheet normalization process described in June 2017 Addendum to the Committee’s Policy Normalization Principles and Plans.” In my NumismaticNews.net column on Sept. 28, 2017 (posted at https://www.numismaticnews.net/article/fed-cant-reach-normal ), I discussed the background and the implications of this announcement. Just what did that mean? Here is the shorter explanation I wrote in the Oct. 4, 2017, issue of Liberty’s Outlook (you can read the entire issue at https://libertycoinservice.com/wp-content/uploads/2017/10/libertys-outlook-newsletter-october-2017.pdf ): “As part of the tactics to manage the Great Recession, the Federal Reserve loaded up on Treasury debt and mortgages held by government sponsored entities such as Fannie Mae and Freddie Mac. The...

Precious metals were pounded lower Thursday as the U.S. dollar firmed. Palladium dived nearly 8%, silver marked a more than three-month low, and gold finished below $1,300 an ounce for the first time... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The United States Mint just released another product for young collectors, the 2019 Explore and Discover Coin Set™. Featuring six coins, a blank, a magnifying glass, an activity book and a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Last year, Britain’s Royal Mint sparked a nationwide coin hunt. It put into circulation 26 new 10-pence coins. Each bore a different letter of the alphabet accompanied by an appropriate A-Z design. Collectors and, importantly, a host of new collectors took to the hunt like dogs to a bone. Social media and eBay ran hot with sought-after coins reported, bought, sold, traded, and exchanged. All in all, it was a stunning success. Reverses of three of Britain’s 2019 10-pence alphabetical coins: “W” for World Wide Web, “C” for Cricket, and “N” for National Health Service. (Images courtesy and © The Royal Mint) This year, the exercise is being repeated. The Great British Coin Hunt 2019 is underway. In late February, 2.1 million 2019-dated 10p coins were placed in circulation. The coins’ designs are the same as last year, starting with A-is-for-Angel-of-the-North to Z-is-for-Zebra-Crossing. Along the way, there is F-is-for-Fish-and-Chips, L-is-for-Loch-Ness-Monster and, inevitably, T-is-...

A basic inventory of the items in your collection should be a top priority. By Mike Thorne, Ph.D. As I write this, it’s the middle of what used to be called winter where I live. Temperatures are mild, we’ve had only a few frosts, and it just doesn’t feel like winter. However, I know that spring will follow, although I suspect that some of the plants in my yard think it’s already spring. By the time you read this, I suspect it’ll be time for spring cleaning where you live. What I’m going to talk about in this column is spring cleaning your coin collection. The first item on your cleaning agenda should be your inventory. What? You say you don’t have an inventory? Actually, I would estimate that about 95% of the inherited collections/accumulations I’ve been asked to appraise over the years did not have inventories. If you’ve purchased, traded for, or otherwise acquired a sizable number of coins, then you definitely need an inventory. Information in this inventory should include a d...