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‘Silver’ Category

  1. NASA silver and gold coins coming soon

    June 22, 2008 by admin

    NASA commemorative coin symbolCoin legislation entitled NASA 50th Anniversary Commemorative Coin Act (S. 2159) should receive the President’s signature in short order.

    The Senate unanimously passed the act on Thursday, June 19, which follows unanimous passage by the House for the same named bill on July 30, 2007.

    The legislation authorizes the United States Mint to issue:

    • 300,000 silver $1 dollar coins from each of 9 designs, and
    • 50,000 $50 one-ounce gold coins

    The NASA commemoratives would be minted in “proof quality only.” The proposed nine various designs for the silver coins add an extra level of intrigue to these commemoratives that is sure to peak interest.

    Source: CoinNews.net


  2. PCGS limits First Strike insert to dealers only

    June 3, 2008 by admin

    PCGS limits First Strike insert to dealers onlyI received this email from PCGS today:

    New PCGS Bulk Submission Policies Effective July 1, 2008

    BULK SUBMISSIONS

    Effective July 1, 2008, only PCGS Authorized Dealers may submit coins under the Bulk Submissions program. Collectors Club members who wish to submit coins under the Bulk Submissions program must either become a PCGS Authorized Dealer or submit coins through a PCGS Authorized Dealer.

    SPECIAL INSERTS

    Effective July 1, 2008, special inserts (First Strike, 50 States Flags, Signature Series, Satin Finish, etc.) will be available only through the Bulk Submissions program and will not be available under any other service level.

    These changes are being made to speed up and streamline processing and turnaround times at PCGS. Any bulk submissions received by PCGS or postmarked before July 1 will be processed under the old Bulk Submission program rules.


  3. Mint estimates 47k silver AE’s with ’07 reverse

    May 12, 2008 by admin

    The first reported discovery was reported in the May 5 issue of Coin World. Leesburg, Ga. collector John Nanney notified them that he discovered an uncirculated 2008-W American Eagle with the Reverse of 2007 silver dollar on April 15.

    The U.S. Mint estimates that 47,000 uncirculated 2008-W American Eagle silver dollars with the 2007 reverse designs were minted based on the fact that 15 of othe ’07 reverse dies were found to have been used.

    Silver Eagles issued in 2008 show numerous subtle modifications to their design. Many of the lettering changes can be seen on the obverse:

    1. The L in LIBERTY has an angled feature to the foot rather than two straight lines forming the letter. The foot of the letter is also shorter than prior years.
    2. The E of LIBERTY is also quite different in that the center portion extends to be in line with the upper extension of the letter. On prior years, the center stem does not extend to the length of the upper stem.
    3. The G of GOD has no serif.
    4. Probably the most obvious and interesting redesign effect is the U of TRUST as well as the U of UNITED on the coin’s reverse. On the 2008 issues the U is shaped as a small case “u” would be. That is, it shows the down stroke on the right side of the letter.
    5. The date is much smaller on the 2008 than on the 2007 dated American Silver Eagle

    Mint estimates 47k ASE’s with ‘07 reverse

    Mint estimates 47k ASE’s with ‘07 reverse

     

    Mint estimates 47k ASE’s with ‘07 reverse

     Mint estimates 47k ASE’s with ‘07 reverse


  4. New ‘W’ Reverse Type on 2008 Silver Eagle

    April 23, 2008 by admin

    Two reverse types have been discovered on uncirculated 2008-W American Eagle silver coins sold by the Mint directly to collectors, but Numismatic Guaranty Corp. says it is not yet known whether there are two types of reverses for the regular bullion coins sold through the Mint’s national authorized purchaser network.

    One type is the same reverse as was used in 2007. The other type is one introduced this year.

    “This is a significant hub variety,” says Rick Montgomery, NGC president. “It has very clear diagnostics, and appears on one of the most widely collected of all U.S. coins.”

    The most obvious identification diagnostic, NGC says, is the “U” of UNITED on the coin’s reverse. On the Reverse of 2008, as the new type has been designated, the “U” has a spur on the right side of the letter.

    Source: Numismaster

    The U.S. Mint press relations office provided some interesting information about this variety and the minting of Silver Eagles in general. Here are some of the facts they provided:

    • Approximately 47,000 2008-W Silver Eagles were released with the 2007 reverse type.
    • The reason for the change in hub is that the Mint has upgraded from using hand-engraved hub creation methods, to digital engraving methods.
    • The Mint believes that 15 dies with the 2007 Reverse type were involved.
    • The variety was created during 3 production shifts, which is how the Mint arrived at its estimate of the number of coins involved.
    • The U.S. Mint marketing materials depicted the 2007 reverse type.
    • The Mint did not plan for the hub change to happen mid-year, and has confirmed it was unintentional that the 2007 Reverses were used for 2008.

  5. Milk delivery half dollar silver proof token from Canadian Mint

    April 14, 2008 by admin

    http://www.talismancoins.com/catalog/Canada_2008_Milk_Delivery_Enamel.jpg

    This triangle-shaped silver half dollar proof features the Mint’s patented color enamel technology

    In 2005 the Royal Canadian Mint introduced their enamel-effect technology on the red-enameled Canada Flag Silver Dollar. This coin sold out instantly at the mint (as have all subsequent enameled issues) and now trades for several multiples of its release price, having proven to be a great investment.

    There’s also the shape of this coin to consider. This is the very first triangular Canadian coin. As we have seen in the past, any first for the Royal Canadian mint usually means demand will be great and the coin will sell out quickly. What’s more, odd- and unusually-shaped coins are very hot, including the previous Canadian releases. The 2006 Square Beaver $3 Silver Proof now trades in the $250 to $300 range, and the 2007 Chinese Square-Hole $8 Silver Proof is valued at about 2-½ times its release price. Taking all of these factors into account, the Milk Delivery Dairy Token Half Dollar Silver Proof seems like a sure winner!

    Technology Note
    The Milk Delivery Dairy Token Half Dollar Silver Proof features the Royal Canadian Mint’s patented enamel effect technology. This proprietary technique applies deep, rich, semi-opaque colors to the coin, while the glaze over these hues creates the effect of real enamel. The green on this triangular coin replicates the color found on many of the original dairy tokens!

    There was a time when most people did not go to the grocery store to purchase their milk… in the good old days the dairy delivered straight to one’s door Many adults today have childhood memories of a uniformed milkman placing bottles of fresh milk and other dairy products on the front porch and collecting the empty bottles their mother had put out for exchange.
    Original Milk Delivery Dairy Tokens came an a wide variety of shapes and colors!But there was something else the milkman collected – dairy tokens. From the late 19th century to the 1960′s, customers could buy dairy tokens to “pay” for the milk or cream that was delivered.

    Milk delivery tokens were used in nearly every state of the Union and all ten Canadian provinces. Many dairies had their own custom tokens, while others used generic ones. These tokens were valued at such quantities as ½ or 1 pint; 1, 2 or 3 quarts; or ½ or 1 gallon. In addition, they specified whether the token was for cream or milk, and for what kind.

    Source: Talisman Coins