Several numismatic news or coin blog articles are referenced on CoinNews about once a week. These articles are not authored by us, but we recommend coin collectors read them for their unusual or interesting content. Here are today’s coin articles:
Six Potential Sleepers
Mark Benvenuto | Coins Magazine
With the price of gold hovering near $1,000 an ounce, and silver firmly entrenched in its own double digits bracket, a pessimistic collector might think it’s time to lay low and perhaps look into improving his or her different series of copper coins. After all, precious metals seem to be priced for the rich, and not for the common collector, at least right now. But there are often some opportunities in times of adversity, and right now is no exception.
Buying silver bars, silver bullion, non-circulating legal-tender silver coins, and common silver dollars is definitely not the thing to do in this economic climate. But buying silver coins with some serious growth potential — sleepers that is — might just be the perfect thing to do. Here is a six pack of potential sleepers that won’t flatten your wallet, and that just might turn you a neat profit …
Generic gold rise erratic
Steve Roach | Coin Values
Gold hit a record high of nearly $1,230 an ounce on Dec. 3. The upward movement in wholesale prices of generic Mint State gold in the last month shows unevenness in price appreciation between grades, as market makers adjust their bids to fill large orders from retailers in anticipation of the holiday season, while responding to rapid gold price fluctuations …
PCGS Grading Guarantee Update
David Hall | PCGS
Here’s what the PCGS Grading Guarantee does (and doesn’t) do for you and your coins….and here are also a few changes in the way the PCGS Grading Guarantee works. For the past 24 years, the Professional Coin Grading Service (PCGS) has offered collectors and dealers the strongest assurance of grading accuracy and independence in the rare coin market. A strong guarantee was one of the tenets upon which PCGS was founded. We were the first third party grading company to actually guarantee the grade and authenticity of the coins we graded …
NGC 2009 Registry Awards Entry Deadline This Week
NGC
Every year, NGC awards the top sets in the NGC Registry. To qualify, your sets must be registered by 5pm ET on December 10, 2009. This year’s competition will be the largest ever with over 50,000 sets participating. As in past years, the winners will include world-class collections and incredible exhibitions. Make sure yours are among them, and see if your collection has what it takes! …
Miles for Nothing: How the Government Helped Frequent Fliers Make a Mint
Scott McCartney | WSJ.com
Enthusiasts of frequent-flier mileage have all kinds of crazy strategies for racking up credits, but few have been as quick and easy as turning coins into miles. At least several hundred mile-junkies discovered that a free shipping offer on presidential and Native American $1 coins, sold at face value by the U.S. Mint, amounted to printing free frequent-flier miles. Mileage lovers ordered more than $1 million in coins until the Mint started identifying them and cutting them off …
Memorial Cents Offer Interesting Varieties
Paul M. Green | Numismatic News
Make no mistake about it, Lincoln Memorial cents thanks to errors, composition changes and an assortment of interesting coins have a lot more to offer than many expect. It is an excellent time to start or finish a Lincoln Memorial reverse cent collection. The Lincoln Memorial reverse was much bigger news in 1959 than hobby history has remembered it for us. Those of us who have personal memories know that the design was introduced at a time when the Lincoln cent was clearly the leading set in terms of collector popularity …
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