Weekly column by Q. David Bowers to commence this Wednesday

This Wednesday, January 3, 2018, Coin Update and Mint News Blog will commence hosting weekly columns by renowned numismatist and author Q. David Bowers. Every Wednesday, both blogs will be posting regular content produced by Bowers and we are delighted to deliver his uniquely qualified insights to the community. Bowers himself describes the columns as covering topics such as “nostalgia, … [Read More...]

The 2018 United States Mint Birth Set will be available for purchase on January 11 at noon

On January 11, the 2018 United States Mint Birth Set (18RD) will go on sale at noon on the Mint’s website for the seventh year in a row. This set of coins is ideal for celebrating any upcoming births in 2018. It comes with a special presentation folder which provides room for personalized messages with space to record your baby’s information. The product contains no mintage, household order, or … [Read More...]

American Eagle 2018 One-Ounce Silver Proof Coin to go on sale January 4, 2018, at noon

The Mint’s first product scheduled to be released for 2018 will go on sale January 4 at noon. The American Eagle 2018 One-Ounce Silver Proof Coin, struck by the West Point Mint, contains one troy ounce of .999 fine silver. Additionally, it possesses no mintage, household order, or product limits. The coin has a denomination of $1 and bears a reeded edge as well. The obverse of the coin … [Read More...]

United States Mint releases 2018 Native American $1 Coin reverse design

Washington — The United States Mint officially announced the reverse (tails) design of the 2018 Native American $1 Coin. The coin’s theme pays homage to sports legend Jim Thorpe. The 2018 reverse design depicts Jim Thorpe, with the foreground elements highlighting his football and Olympic achievements. Inscriptions are JIM THORPE, WA-THO-HUK (Thorpe’s Sac and Fox tribe name), UNITED STATES … [Read More...]

PNG member helps FBI nab theft suspects

All dealers should be cautious about possible long-term ramifications of cashing fraudulent checks (Temecula, California) December 19, 2017 — A long-time member of the Professional Numismatists Guild (PNG) assisted the Federal Bureau of Investigation in solving a case involving an attempt by suspected thieves to purchase $2 million of gold using a bank check with the forged signature of a … [Read More...]

Specimen 1795 Dollar and error rarities highlight Heritage Auctions’ U.S. Coins FUN Sale January 3-8

1943 Bronze Cents from Philadelphia and San Francisco featured in January 4 Platinum Night Dallas, Texas (December 18, 2017) — Nearly 7,000 lots from private collections, including early U.S. treasures, error coins, and shipwreck ingots, highlight Heritage Auctions’ January 3-8 U.S. Coins Auction during the Florida United Numismatic (FUN) Convention in Tampa, Florida. Standout … [Read More...]

New million dollar coin: David Lawrence sells 1879 Coiled Hair Stella

David Lawrence Rare Coins (DLRC) acquired, on behalf of a client, one of the rarest U.S. gold issues from the 19th century. Graded as a Proof 66 Cameo, DLRC placed an 1879 Coiled Hair $4 Gold Stella for just over $1,000,000. This transaction solidified the coin as one of the newest members of the PCGS Million Dollar Coin Club. Last sold in January 2014 for $851,875 in public auction, the coin had … [Read More...]

U.S. Mint Sales Report: Week ending December 10, 2017

This U.S. Mint numismatic sales report covers the week ending Sunday, December 10, 2017. In this time frame, one new item was added to the roster: the 2017 America the Beautiful–George Rogers Clark National Historical Park 5-oz. Uncirculated silver coin (17AN), released December 5. The top-selling product for this period was the 2017 United States Mint Proof Set (17RG) at 17,705 units sold. Coming … [Read More...]

Confused over proposed tax legislation and like-kind exchanges?

There is some misinformation floating out around the dealer community intermingling “like-kind exchanges” and three different sections of the tax code (1031, 1099-b and bartering). The Industry Council for Tangible Assets (ICTA) has produced a white paper which goes into detail providing a comprehensive explanation of each section of the tax code. The purpose of the paper is to try and make it … [Read More...]

“One-man library” Q. David Bowers to contribute a weekly column starting on January 3

The late, great, Ed Reiter once called Q. David Bowers a “one-man library” due to his propensity to not only produce a massive amount of content, but to imbue each and every article, column, or book with quality as well. Commencing Wednesday, January 3, 2018, Coin Update and Mint News Blog will have the pleasure of hosting a weekly column by the world-renowned numismatist and prolific author. … [Read More...]