- Updated Indian Head Penny Values for 2012
With the price of gold and silver going up and down daily, these price changes can have a ripple effect on coins that are not made out of gold and silver. I am continuing to update all the value listings on this website to reflect current market conditions. Two of the most popular coin series that coin collectors assemble are the Indain Head pennies and Lincoln Wheat pennies. Additionally, I have expanded the listings to include the values for an "average" circulated and uncirculated specimens for each date and mint mark. Also, values for popular die varieties are now included.
Updated Coin Value Charts:
Indian Head Penny Values
Lincoln Wheat Penny Values
Buffalo (or Indian Head) Nickel Values
Morgan Dollar Values
Updated Indian Head Penny Values for 2012 originally appeared on About.com Coins on Thursday, February 9th, 2012 at 17:00:48.
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- 2012 Canadian Silver Proof Set Shines Bright
2012 Proof Silver Penny
Image (c) 2012 James Bucki
The Royal Canadian Mint has issued their first ever all silver proof set. The set not only includes a silver dollar that commemorates the 200th anniversary of the War of 1812 but also a silver version of every current circulating coin. Normally silver proof sets only include silver coins such as the commemorative dollar, half dollar, quarter dollar, and dime, while the rest are made out of their usual base metals. What makes this set unique is that the penny, nickel, one dollar loon and two dollar coin are also made from silver! Additionally, unlike the United States silver coins which are made from 90% silver, all the coins in this set are made from 99.99% silver. They used gold plating to give the penny, one dollar loon and two dollar coin their colorful appearance. Mintage is limited to 20,000 sets.
Update 2/9/2012: According to the Royal
Canadian Mint, as of today only 8,000 sets are left.
Quick Links:
2012 Fine Silver Canadian Proof Set - 200th anniversary of the War of 1812
2012 Canadian Silver Proof Set Shines Bright originally appeared on About.com Coins on Friday, February 3rd, 2012 at 19:09:30.
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- 2012 Commemorative Prices Announced
The United States Mint has announced the pricing for the 2012 commemorative coins. The two themes for this year commemorate the Star-Spangled Banner and the Infantry Soldier. The 2012 Star-Spangled Banner Commemorative Coins will consist of a five dollar gold coin and a silver dollar while the 2012 Infantry Soldier is honored on a silver dollar. The chart below lists the options available to collectors. The gold coins will be priced according to the mint's gold pricing chart based upon the spot price of gold at the time of issue. The mint did not list the product's release date.
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Product
Introductory
Price
Regular
Price
2012 Infantry Soldier Proof
Silver Dollar
$54.95
$59.95
2012 Infantry Soldier Uncirculated Silver Dollar
$49.95
$54.95
2012 Infantry Soldier Silver Dollar Defenders of Freedom Set
N/A
$61.95
2012 Star-Spangled Banner Proof $5 Gold Coin
Priced according
to market.
2012 Star-Spangled Banner Uncirculated $5 Gold Coin
Priced according
to market.
2012 Star-Spangled
Banner Proof Silver Dollar
$54.95
$59.95
2012 Star-Spangled Banner Uncirculated
Silver Dollar
$49.95
$54.95
2012 Star-Spangled Banner Two-Coin
Set*
Priced according to market.
*The 2012 Star-Spangled Banner Two-Coin
Set includes a proof $1 gold coin as well as a proof silver dollar.
Image courtesy of: The United States Mint
2012 Commemorative Prices Announced originally appeared on About.com Coins on Monday, January 30th, 2012 at 21:33:47.
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- eBay Bans Coin Replicas and Copies
Last week eBay published a press release announcing that all coin replicas and copies will no longer be able to be sold on eBay after February 20, 2012. eBay is currently working with The PNG (Professional Numismatists Guild), a nonprofit organization comprised of the country's top rare coin dealers, to further refine its standards to ensure that all coin collectors have confidence in their eBay experience. According to the press release:
Effective Feb. 20, the current eBay Coins policy will be updated to remove replica coin listings and relistings from eBay.com. eBay defines replica coins as a copy or reproduction of an actual coin, including U.S., foreign and other historic coins. This update better reflects standards across the coin industry, and helps ensure compliance with applicable laws that require replica coins to be permanently marked with the word, "copy."
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eBay Bans Coin Replicas and Copies originally appeared on About.com Coins on Monday, January 23rd, 2012 at 12:00:26.
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- Grading Buffalo Nickels Made Easy
Grading Buffalo nickels (a.k.a. Indian Head nickels) is not as difficult as you may think. Yes, it takes a lot of practice. But with persistence over time, you can acquire the knowledge and skill that some of the most experienced dealers and coin collectors possess. This article covers grades ranging from About Good (AG-3) to the ultra-rare Mint State 67 (MS-67). The Buffalo Nickel is the second series of U.S. coins that I have developed a series of descriptions and pictures to teach you how to grade this popular series of U.S. coins.
Quick Links:
How to Grade Buffalo Nickels
Grading Buffalo Nickels Made Easy originally appeared on About.com Coins on Thursday, January 19th, 2012 at 12:00:13.
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- Updated Coin Values for 2012
With the price of gold and silver going up and down daily, these price changes can have a ripple effect even on coins that are not made out of gold or silver. Therefore, I have started to update all the value listings on the coins.about.com website to reflect current market conditions. Two of the most popular coin series that coin collectors assemble are the Lincoln wheat pennies and the Buffalo nickels. Additionally, I have expanded the listings to include the values for an "average" circulated and uncirculated example for each date and mint mark. I will continue to analyze the coin market and post updates for additional coin series.
Quick Links:
Lincoln Wheat Penny Values
Buffalo (or Indian Head) Nickel Values
Morgan Dollar Values
Updated Coin Values for 2012 originally appeared on About.com Coins on Monday, January 16th, 2012 at 12:00:06.
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- Learn How to Grade Lincoln Wheat Pennies
One of the factors that determine the value of your coins is the grade or condition of the coin. Lincoln wheat pennies are fairly easy to grade but remember that a coin's grade is only an opinion and not a scientific measurement. However, numismatists, coin dealers and coin collectors have agreed upon certain characteristics that define each grade.
I have simplified the grading process by using a series of pictures and descriptions that will teach you how to assign a grade to your Lincoln wheat cents for the most common grades. You can click on each of the photos and a new window will open with a larger and more detailed photo for you to study. Enjoy this interactive guide and become a better educated coin collector starting today.
Quick Links:
How to Grade Lincoln Wheat Cents
Lincoln Wheat Penny Values
What is Coin Grading?
Learn How to Grade Lincoln Wheat Pennies originally appeared on About.com Coins on Friday, January 13th, 2012 at 12:00:32.
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- Learn About Coins From the Best in the World
The American Numismatic Association (ANA) has released its catalog of courses that will be available this summer at its annual Summer Seminar series in Colorado Springs in Colorado. These week long seminars are offered for two weeks beginning at the end of June. I attend in the summer of 2010 and it is an experience that I will never forget. I honed my grading skills by learning to grade from professional graders from PCGS and NGC. I ate meals with Cliff Mishler (ANA president), Kenneth Bressett (editor of the Red Book), Bill Fivaz (author of the Cherrypicker's Guide) and many others. If you're a beginner and looking to dive deeper into coin collecting or an advanced collector looking to specialize on a topic, you will find something that will interest you. Check out the catalog and see what interests you.
Quick Links:
ANA Summer Seminar Catalog
Image courtesy of: American Numismatic Association
Learn About Coins From the Best in the World originally appeared on About.com Coins on Wednesday, January 11th, 2012 at 12:00:27.
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- 2012 Presidential $1 Designs Announced
The United States Mint has released the designs that will appear on the 2012 Presidential $1 coins. The four coins will feature portraits of former Presidents Chester Arthur, Grover Cleveland (first term), Benjamin Harrison and Grover Cleveland (second term). According to the press release by the Mint:
The Presidential $1 Coin Program is authorized by Public Law 109-145. Although production of circulating Presidential $1 Coins was recently suspended, collectible versions of the coin will continue to be available in select United States Mint offerings. For information on the availability and pricing of products featuring Presidential $1 Coins, visit www.usmint.gov/catalog or call 1-800-USA-MINT (872-6468).
2012 Presidential $1 Designs Announced originally appeared on About.com Coins on Monday, January 9th, 2012 at 21:38:31.
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- Learn How to Grade Color on Copper Coins
One of the most common elements found in coins is copper. Some of the first coins minted in the United States were made of pure copper. The Bible talks about a widow who used a copper "mite" coin. I will still look at my change when I'm in a store and a brightly colored copper penny will still catches my eye. Most collectors will agree that a bright orange red uncirculated copper coin is more appealing than one that has started to turn brown.
In order to accurately describe the color condition of copper coins you must understand the chemistry of copper and how to accurately describe the color when you determine the grade of a copper coin. Learn how to grade the color of your copper coins by following my three simple examples.
Quick Link:
Grading the Color of Copper Coins
Image Courtesy of: Heritage Auction Galleries,
Learn How to Grade Color on Copper Coins originally appeared on About.com Coins on Friday, January 6th, 2012 at 08:00:06.
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