Coin Mintages: Reading Between the Numbers
COINage Magazine
by COINage
1M ago
Coin mintages are an official report on how many strikes of a specific issue were produced. They are one of the key statistics about any coin and are readily available for most United States Mint coins. New collectors and seasoned numismatists often refer to mintage figures to help ascertain how rare or common a coin is. Many leading price guides publish coin mintages for each issue listed when this data is available. The U.S. Mint provides this information in its annual Mint director reports and it’s provided to the public by the government not only for the sake of transparency in public acco ..read more
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Numismatist of the Century: Steve Ivy
COINage Magazine
by COINage
1M ago
Steve Ivy, co-chairman, chief executive officer and co-founder of Heritage Auctions, was instrumental in building Heritage’s empire with current annual sales approaching $2 billion and locations in 11 cities worldwide. During the 1970s and early 1980s, his self-named Steve Ivy Rare Coin Co. led the industry with innovations such as the first grading and authenticity guarantee and all-color catalogs that used custom-built Hasselblad cameras. Ivy positioned his numismatic enterprises under the Ivy Financial Corporation umbrella with the highest standards of professionalism. During those ear ..read more
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Numismatist of the Century – James L. Halperin
COINage Magazine
by COINage
1M ago
James L. Halperin is the co-founder and co-chairman of Heritage Auctions (HA.com). Heritage, which he co-founded in 1982, is now an in-demand online auction house destination with reported total sales exceeding $1.45 billion in 2022. Halperin was born in Boston in 1952. He grew up watching his father build a successful manufacturing business. As a summer project in 1968, Halperin formed a part-time stamp and coin shop. That same year he received early acceptance to Harvard College. By his third college semester, Halperin became more focused on his coin business than his studies. At the en ..read more
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CAC Coins Bring Premiums in January 2024
COINage Magazine
by COINage
1M ago
CAC-approved coins fared well in many public sales during January 2024 and in a live auction in Dallas County, Texas. Here are ten examples, which were selected from a large number of results that could have been listed. 1. On Jan. 7, GreatCollections sold a CACG-graded MS-67 1936 York County, Maine, commemorative half dollar for $451. Three seconds later at 07:19:27 PM Pacific Time, GreatCollections sold a PCGS-graded MS-67 1936 York County half dollar, without a CAC sticker, for $305.80. https://www.greatcollections.com/Coin/1494826/1936-York-County-Maine-Tercentenary-Half-Dollar-CACG-MS-67 ..read more
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8 Multi-Million Dollar Coin Rarieties
COINage Magazine
by COINage
2M ago
Small coins with high grades and low populations are big-ticket items these days. As recently as the late 1990s, a coin selling for $1 million was considered a big deal. Today, $1 million for a rare coin is becoming commonplace, and transactions for coins commanding several million dollars apiece are frequently seen. HIGH-VALUE COINS HAVE A TARGET AUDIENCE If you own one of those rare and valuable multi-million-dollar coins, you can’t simply take it to any of a thousand willing dealers, all of whom have several million dollars in the bank and can wire you the funds. In general, the more valuab ..read more
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50 State Quarters Program Turns 25
COINage Magazine
by COINage
2M ago
It was 25 years ago, on January 4, 1999, that the 50 State Quarters program kicked off a national fanfare and forever changed the way Americans looked at their coins. An ambitious program fielding 50 quarters to be released over 10 years, the innovative circulating commemoratives saw a new quarter released about every 10 weeks honoring each of the 50 states in the order they entered the Union. The first quarter pays homage to the first state of Delaware, whereas the last, entering circulation in November 2008, captures the spirit of Hawaii. The United States Mint launched a number of popu ..read more
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Future of Gold in the 2024 Election Year
COINage Magazine
by COINage
2M ago
Right now, if we listen to the polls and pundits, the 2024 U.S. presidential election looks like it will be a rematch of the two candidates from 2020: Joe Biden versus Donald Trump. It can be helpful to look back at similar times when high inflation and geopolitical challenges were like today’s problems. The 2008 election was during a major financial crisis. Gold was rising in 2007 and 2008, but stocks fell over 50 percent. Over the full year, gold beat stocks by a comfortable margin and gold was a clear winner in the last three election years. We don’t know for certain who will run in 20 ..read more
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PCGS Coin of the Month:1870-S $3, PCGS SP50
COINage Magazine
by COINage
2M ago
The 1870-S $3, PCGS SP50 is the Professional Grading Service’s (PCGS) Coin of the Month. There are few coins as enigmatic and storied as the 1870-S $3, a special-strike coin that has gone down in history as one of the rarest and most historic coins in American numismatics. The story behind this elusive gold coin leads to more questions than answers, but what numismatic researchers understand is one example was included in a time capsule buried within the cornerstone of the San Francisco Mint. Another, which is the only example realistically obtainable to collectors, is the specimen we dis ..read more
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Exploring the Sacagawea Dollar
COINage Magazine
by COINage
3M ago
The Sacagawea dollar has a namesake that is as enigmatic as the coin itself. First issued in 2000, the Sacagawea dollar is an expedition into coin collecting that, like the westward journey of Captains Meriwether Lewis and William Clark, navigates an unlikely course of cultural touchstones from the Continental Divide to Cheerios cereal to jazz artist Harry Connick, Jr. ‘Lewis and Clark Reach Shoshone Camp Led By Sacajawea the Bird Woman,’ by Charles Marion Russell, 1918 PUBLIC DOMAIN GETTY IMAGES / JPRASNGKH TA KHA / EYEEMBird Woman This much we know. A teenaged Lemhi Shoshone girl, known as S ..read more
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Top 12 Coins to Make Money in 2024
COINage Magazine
by COINage
3M ago
Economic forecasts for 2024 point to an easing of inflationary tensions, a weakening global economy and volatility in precious metals. Conditions in 2024 could lead to a coin market with many moving parts. Collectors completing date sets of coins will put upward price pressure on key-date coins. Ultra-rare copper coins can be expected to return to favor if the price of gold bullion shows transitory softness, but the spotlight will still be on the earliest and rarest classic gold coins. The four Heritage Auctions sales of the Harry W. Bass, Jr. Core Collection established a solid collector base ..read more
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