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Legendary Liberty Nickel, Double Eagle Anchor Heritage FUN US Coin Auction
US Cent and Nickel Costs Trending Lower
The cost of producing U.S. circulating coins fell for a fourth straight year, the United States Mint disclosed in its 2015 Annual Report.
That said, the price to make and distribute the nation's two smallest coins, the Lincoln cent, and Jefferson nickel, remained well above their face values. Their metallic compositions are the main cost drivers [...]
Bills Seek to Change Cents and Nickels to Steel
The metallic composition of cents and nickels would be changed if newly introduced legislation becomes law. According to two separate bills introduced on December 15, 2011, America's two lowest denominated coins should be struck primarily from steel.
Congressman Steve Stivers of Ohio introduced the proposed changes as part of the Cents and Sensibility Act, H.R. 3693, and the Saving Taxpayer Expenditures by Employing Less Imported Nickel Act, H.R. 3694, also known as the STEEL Nickel Act. Taxpayer savings was the reason given for each [...]
In the Lead – NickelOdious
A further decline in crude oil prices conspired to drag most of the commodities' complex to lower value ground as the new trading week commenced. Thus, precious metals lost chart altitude levels as well, despite the minor, 0.15 loss recorded in the US dollar index this morning.
Part of the early selling pressure was related to investors' raising cash to cover margin calls incurred in the wake of the sixth consecutive losing session in the equity markets on Friday. However, at the end of the day (or, shall we say, the beginning thereof) reports that China's economy is slowing (and perhaps more than just a tad) coupled with [...]
Heritage Awards Idaho Collector Saint-Gaudens Double Eagle
US Mint Forum: Moy Talks Pennies, Nickels, Dimes, Mintages, 2010...
On the eve of the 2010 Lincoln cent launch ceremony, United States Mint Director Ed Moy met with about 60 coin enthusiasts to answer questions and share information about the US Mint and its coin programs.
This second article installment focuses on Mr. Moy's discussion of a variety of topics, to include projected mintage levels for the 2010 penny, nickel and dime expectations, circulation coin design improvements, production processes, and coin distribution answers -- like how the new shield cent made its way into Puerto Rico before the coin was ceremoniously released on February 11, 2010.
2010 ANA National Money Show Features Double Eagles, Quintuple Stellas
1913 Liberty Nickel Brings $3.73M at Heritage FUN US Coin...
An awed hush fell over the Platinum Night bidding floor of Heritage Auctions' Orlando FL FUN U.S. Coin Auction on Thursday, Jan. 7, as "The Olsen Specimen" 1913 Liberty Nickel, PR 64 NGC, lived up to its billing as the most famous American coin by bringing a jaw-dropping $3,737,500. This figure is tied for the third-largest sum ever paid at auction for a single U.S. coin.
1913 Liberty nickel, PR64 NGC, CAC realized $3.73 million - Click image to visit Heritage Auction page for additional information
With the 1913 nickel, Heritage sold three $1 million+ U.S. coins in the auction, only the third time this has ever been done in a single event, all by Heritage, and this auction is the first time that all three coins hammered above the $1,000,000 mark.
The most famous of the five known Liberty Nickels was the principal highlight in Heritage's $36.5 million+ U.S. Coin Auction, which itself is the principal component of Heritage's $53 million January 2010 numismatic auctions, collectively composed of U.S. Coins and Currency at Orlando FUN and the NYINC World Coins Auction, which realized $11 million+ over the first weekend of the new year. All prices include 15% Buyer's Premium.