Thursday 31 July 2014

2014 Great Barrier Reef Silver Coin in Land Down Under Series!

Australia’s discovery, ancient culture, enviable lifestyle and iconic landmarks are celebrated once again with the Perth Mint of Australia’s 2014 Great Barrier Reef 1 oz Silver Proof Coin.



 The strike continues the Perth Mint’s Land Down Under series and is offered as the second 2014-dated issue from the program. Mintage of the 99.9% fine silver coin is limited to 5,000.

"Australia’s Great Barrier Reef is the largest living structure on the planet and one of the seven natural wonders of the world," describes the Perth Mint in a release. "Featuring a stunning array of coral in bright and beautiful colors and a breathtaking variety of marine creatures, from microscopic plankton to whales weighing more than 100 tons, the reef offers some of the most spectacular maritime scenery on Earth."


Previous Land Down Under silver coins depict Captain James Cook, Surfing, the Didgeridoo and the Sydney Opera House. Australia’s important gold rush boom of 1851 was celebrated on the most recent issue which appeared in February.

Great Barrier Reef Silver Coin Specifications
A colored design by Perth artist Natasha Muhl is shown on the reverse of the silver coin. Framed within the shape of the Australian continent, a representation of the Great Barrier Reef is seen as a seaplane flies overhead.

Inscriptions surrounding the design include THE LAND DOWN UNDER, GREAT BARRIER REEF and 1 oz 999 SILVER. To the bottom of the image, the Perth Mint’s ‘P’ mintmark appears.
The coin is struck as legal tender of Australia under the Australian Currency Act of 1965.

Accordingly, Ian Rank-Broadley’s effigy of Queen Elizabeth II is shown on the obverse. Inscriptions around the portrait include ELIZABETH II, AUSTRALIA, 2014 and the face value of 1 DOLLAR. The artist’s initials of IRB are seen below the effigy.

Each release has one troy ounce of silver for a weight of 31.135 grams and a diameter of 4.00 mm.
Pricing for the 2014 Great Barrier Reef Silver Coin is listed as AUS $90.00, or US $84.32.

Orders may be placed directly from The Perth Mint website at http://www.perthmint.com.au

An Australian map-shaped latex display case accompanies the coin as does a Perth Mint shipper and a numbered certificate of authenticity.

The Perth also offers a one-fourth ounce Great Barrier Reef Gold Coin. Struck in 99.99% fine gold and limited to 1,000, it features a green sea turtle swimming among coral.

Wednesday 30 July 2014

Why Collect Coins?

There are many excellent reasons why you might want to collect coins. For starters, they tell unique stories. A coin's design, mint mark, condition and composition can offer a glimpse into history and a better understanding of the past.


Some people collect coins in the hope that they will appreciate in value. Some coins have intrinsic bullion value (such as silver, gold and platinum coins). Others become valuable because they are rare.

Coin collecting, one of the oldest hobbies, was once practiced only by kings and the wealthy. That's why coin collecting often is called the "king of hobbies" and the "hobby of kings."

Coin collecting became increasingly popular in America during the 1930s when United States commemorative coins became widely available. Today, there are millions of coin collectors in the United States alone. The thriving coin-collecting community, which includes clubs throughout the United States provides numerous opportunities for collectors to meet and trade.

A Brief History of Coins

From ancient Egyptian coins to today's circulating cents, coins have a rich and fascinating history. The first coins date back to 650 B.C. - more than 2,600 years ago - in Lydia, an area that today is part of Turkey.

The first United States coins were copper cents, which were struck at the Philadelphia Mint in 1793. At that time, production was manually intensive and the coins were struck one at a time. Today, about seven hundred coins can be produced in one minute.

Tuesday 29 July 2014

Prince George 1st Birthday Commerative Coins Go On Sale In Seychelles!

Two new commemorative coins, ‘The Royal Baby Commemorative coins’ are available in Seychelles as of today one year after the birth of the young prince, the Seychelles Central Bank (CBS) has said.


In an interview with SNA, the Currency and Numismatics Officer at CBS, Jude Adolphe, said the coins were released internationally to commemorate the birth of Prince George of Cambridge last year and is now being made available in Seychelles in commemoration of the Prince’s first birthday.

Prince George was born on July 22, 2013 to parents Prince William, Duke of Cambridge, and Catherine, Duchess of Cambridge, known as ‘Kate’ in less formal references.

The coins which can be purchased individually or as a set have been produced by UK based company Pobjoy Mint Ltd.

There is firstly a small 0.5 g fine gold coin with a face value of 25 rupees and the other is an 85 g sterling silver coin with a face value of 50 rupees.

“Both coins have the same designs of a heart shaped foot print of the royal baby and a crown fitted inside a bigger heart shape, however the bigger sterling silver coin has an added special feature as the heart shaped footprint is decorated with a blue heart-shaped Swarovski Crystal,” says Adolphe.
Both coins also feature the initials of William and Kate (W K).

The silver coin costs $ 105 a piece (1,300 Seychelles rupees) while the gold coin costs $ 162 a piece (2,000 Seychelles rupees). The set containing both coins costs $ 260 (3,200 Seychelles rupees).


Monday 28 July 2014

Ayrton Senna Commemorated With 5 Euro Silver Proof Coin!

Petrolhead or not, even those people that have the smallest dab of appreciation for internal combustion and motorsport have heard his name.

We're talking about Ayrton Senna, Formula 1's greatest icon, heralded as the central figure of the competition by both fans and fellow Formula 1 racing drivers.




After an illustrious 10-year-long Formula 1 career, 162 races, 41 wins and 610 career points, the talented Brazilian driver has tragically lost his life at the 1994 San Marino Grand Prix.

Some people deem the FW16 Williams as the culprit for this unfortunate event, but what's done is done. We lost a three-time world champion 20 years ago, but his memory lives on through the millions of fans that admire him.

Two decades since that ominous race weekend, when Roland Ratzenberger has also died in a tragic high-speed crash during qualifying, a limited proof coinage has been commissioned to commemorate the passing of Ayrton Senna da Silva.

Only 8,000 pieces of these 20th anniversary 5 euro silver proof coins were minted, and we found out that you can get one for a hefty 50 euros (roughly $67 or £40).

Created by designers Marcio Petta and Antonella Napolione and released this week, the special coins feature the Brazilian racing driver's effigy next to the undrivable Williams FW16 that quickened his death.

Don't know about you, but we sure think that the McLaren MP4/4 would've been a better design for this Senna homage. After all, the MP4/4 is still the most successful Formula 1 car ever made, winning all but one race in the 1988 season, and it's also the car that helped Ayrton Senna win his first drivers' championship.

Friday 25 July 2014

Gold Rebounds On Buying By Jewellers: Silver Ends Higher!

Gold rebounded by Rs 160 to Rs 28,360 per 10 grams in the national capital today on increased buying by jewellers and retailers to meet the upcoming festive season demand.

In line with an overall trend, silver also recovered by Rs 200 to Rs 45,400 per kg on increased offtake by coin makers.


Traders said increased buying by jewellers and retailers, triggered by upcoming festive season, led to recovery in prices of the precious metal.

In Delhi, gold of 99.9 and 99.5 per cent purity recovered by Rs 160 each to Rs 28,360 and Rs 28,160 per 10 grams, respectively. It had tumbled by Rs 275 yesterday.

Sovereign followed suit and rose by Rs 100 to Rs 24,900 per piece of eight grams.

In line with a general firm trend, silver ready moved up by Rs 200 to Rs 45,400 per kg and weekly-based delivery by Rs 185 to Rs 45,095 per kg.

The white metal had lost Rs 200 in the previous session.

Silver coins spurted by Rs 1,000 to Rs 80,000 for buying and Rs 81,000 for selling of 100 pieces.

Thursday 24 July 2014

Prince George's Birthday Marked With New Canadian Coins!

The Royal Canadian Mint is wishing Prince George a happy first birthday with the release of gold and silver coins that show four generations of the monarchy.


On the coins, which were unveiled Tuesday, George can be seen in his father Prince William's arms next to grandfather Prince Charles and great-grandmother Queen Elizabeth II.

The gold coin costs $2799.95 and the silver coin costs $89.95, according to Mint spokeswoman Christine Aquino.



Last June, the U.K.'s Royal Mint released a sterling silver coin to celebrate George's birthday.

Wednesday 23 July 2014

Lord VenkateswaraTirupati Balaji Silver Coin with Real Diamond!

Reflecting the global popularity of Lord Venkateswara (Tirupati Balaji), a limited collectors‘ edition coin dedicated to the deity has been issued from the Government of Palau, an island nation in the Pacifi c Ocean.

The coin is studded with Swarovski crystals and a small diamond.



The Tirumala Venkateswara Temple, popularly known as Tirupati Balaji, in Andhra Pradesh, India is visited by millions of devotees annually.


It would be for the first time that a foreign country is issuing coins on this Hindu deity.


Country: Palau
Year: 2014
Face Value: 20 Dollars
Metal Silver: 999
Weight: 3 oz
Size: 65 mm
Quality: Proof Like
Mintage: 511 pcs

Partially colored and gilded (rose gold) incl. SWAROVSKI® ELEMENTS and diamond
Note: Also, available in 1 Oz

http://vijayawada.olx.in/lord-venkateswaratirupati-balaji-silver-coin-with-real-diamond-iid-680328694

Tuesday 22 July 2014

China Was First Official Paper Money & Never Issued Gold Or Silver Coins Until Modern Times!

QUESTION: Mr. Armstrong; I recently read that China issued gold and silver coins. I cannot find any such listing in any catalogue. Is this another story made up by goldbugs claiming money is only gold? Who really printed the first paper money, China or Sweden?



ANSWER: China always issued fiat bronze and iron coins. There never were any gold or silver coins whatsoever until modern times. The Emperor issued the first actual paper money.

That is distinguished from banknotes, which were not actually money but were slips of paper that merely reflected assets in the bank. That is totally different from the China notes of the 13th century.

These were issued by the government China and were actually simply government issues as legal tender, which is why the Mongols had to continue accepting them when they conquered China.



If we consider deposit slips as money (banknotes) the first is really ancient Egypt. They never issued any coinage whatsoever from at least 3000BC until the conquest by Alexander the Great in 334BC.

That was the longest running system of such deposits slips (banknotes), which were grain, not gold or silver. Gold did not come into use as a medium of exchange until about the 7th century BC.

It had to become common enough for circulation. Previously, gold was reserved only for ornamentation by kings – never the common man.

The China sycee was a type of silver or gold ingot currency that was used in China until the 20th century. The name “sycee” is derived from the Cantonese words meaning “fine silk” because it was bolt of silk that was really money.


Silk is what the world wanted from China first and second its porcelain from which people in the west called them Chinese because the sold china to the West.

These ingots formed a two tier monetary system whereby they really facilitated international trade. The only circulating coins were bronze or iron.

http://www.talkmarkets.com/content/global-markets/china-was-first-official-paper-money--never-issued-gold-or-silver-coins-until-modern-times?post=46337

Monday 21 July 2014

On The Money: London Landmarks Feature On New £5 Coins!

The Royal Mint, clearly thinking The Queen hasn’t had enough exposure on coinage lately (clue, Minters: it’s heads), have stuck her London pad on the tails of one of four special new £5 coins commemorating the capital’s landmarks.


Impressions of Buckingham Palace, Tower Bridge, Trafalgar Square and Elizabeth Tower (Big Ben’s buildingy bit) will adorn the silver coin set, only 3,500 of which will be made.

Each scene, designed by Royal Mint engravers Laura Clancy and Glyn Davies, is as it would be seen by a visitor to the capital – be that through a crowd, a light sprinkling of rain or over the pages of a Time Out City Guide*. 

The silver coins also feature a fancy colour printing technique that makes them particularly eye-catching.

St Paul’s Cathedral and Battersea Power Station are rumoured to be furious at the snub however and haven’t spoken to Nelson’s Column for weeks.
 

Friday 18 July 2014

2014 $20 Red Trillium Silver Coin Features Swarovski Crystals for Dew Drops!

New from the Royal Canadian Mint is its proof 2014 $20 Red Trillium Silver Coin that features three Swarovski crystals.


Swarovski is a luxury brand of precision-cut crystal glass, produced by the privately-owned company Swarovski AG of Austria. Red trillium, a slow-growing plant that can live for 30 years but take 15 years to bloom, have three petalled flowers of deep red color atop three pointed leaves of deep green color.

Designed by Margaret Best, these colorful elements are depicted on the one-ounce, 99.99% fine silver coin that is further highlighted by three sparkling Swarovski Elements™ to portray morning dew drops.

The following is how the Royal Canadian Mint describes the silver coin’s design:
"This coin features a bright burgundy red trillium bloom where three ruddy petals sit atop three red-lined green sepals.

From the center of the flower rise six pink stamens and three short stigmas. Viewed from the front and slightly above, the flower is perched on a bowing, delicate green stem above the characteristic whorl of three leaf-like bracts borne by all trilliums. Each petal of the flower is adorned with a sparkling crystal-colored Swarovski element."

Inscriptions around the reverse include 20 DOLLARS, CANADA, the year 2014 and the artist’s initials of MB.

Obverses of the silver coins show the effigy of Her Majesty Queen Elizabeth II by Susan Blunt and have surrounding inscriptions of ELIZABETH II and D.G. REGINA.

This silver coin has a mintage of 10,000. Previous coins of the series with Swarovski crystals have proven very popular with collectors. The Royal Canadian Mint reminds that they have all sold out.

http://www.silvercoinstoday.com/2014-20-red-trillium-silver-coin-features-swarovski-crystals-for-dew-drops/1010343/

Wednesday 16 July 2014

Latest Silver Coins News!

2014 50th Anniversary Kennedy Sets are .95 and .95
The 50th Anniversary Kennedy Half-Dollar Silver Coin Collection includes a regular proof from the Philadelphia Mint, a reverse proof from the West Point Mint, an enhanced uncirculated half-dollar from the San Francisco Mint and a regular uncirculated …


Gold Rallies on Week, Silver Soars, US Mint Gold Coin Sales Surge
Gold moved slightly higher on Friday, adding to sharp prior-session increases that helped drive prices to a 3.3% weekly gain and to the best close in nine weeks. Gold for August delivery climbed $ 2.50, or 0.2%, to settle at $ 1,316.60 an ounce on the …

Gold Britannia Coins Feature Incused Edge Design for Year of the Horse
Following the highly successful launch of an “edge struck” silver Britannia coin last year, the Royal Mint has now introduced a new gold Britannia bullion coin for 2014 which bears an intricate horse design around its smooth edge replacing the usual …

Tuesday 15 July 2014

Gold Britannia Coins Feature Incused Edge Design for Year of the Horse!

The Royal Mint has launched a new gold bullion coin within the popular Britannia series which includes for the first time, an incused or recessed design of a galloping horse repeated on the edge.


Following the highly successful launch of an “edge struck” silver Britannia coin last year, the Royal Mint has now introduced a new gold Britannia bullion coin for 2014 which bears an intricate horse design around its smooth edge replacing the usual reeded edge.

Last year The Royal Mint announced a strategic partnership with precious metals dealer A-Mark to distribute a version of their traditional 1oz Silver Britannia Bullion coin, specially designed to celebrate the Chinese ‘Year of the Snake’, which also included the launch of a new fineness of .9999 gold and .999 silver in their highly-regarded bullion range.

The exclusive arrangement with Santa Monica-based A-Mark saw Britain’s oldest manufacturing organization achieving two new  pioneering ‘firsts’ in line with their mission to remain at the forefront of progressive world minting. 

It was the first time that the 1100 year-old Royal Mint’s classic 1oz Silver Britannia was embellished with a symbol from the Chinese lunar calendar, and the first time that this legendary coin, bearing Philip Nathan’s instantly-recognizable ‘Britannia’, carried any part of a design around its smooth edge.

Denomination    Metal        Weight          Dimensions    Quality    Mintage
2 Pounds        .999 silver    31.1035             38.6 mm.    Bullion       n/a
50 Pounds     .999.9 gold    31.103 grams    38.6 mm.    Bullion       n/a

The Royal Mint’s ‘Year of the Horse’ Britannia coins are available in 1oz silver or 1oz gold exclusively from A-Mark at www.amark.com.

http://news.coinupdate.com/gold-britnnia-coins-feature-incused-edge-design-for-year-of-the-horse-3377/

Monday 14 July 2014

Key Date Morgan Silver Dollars!

Morgan Dollars are arguably the most popular of all United States coin series. Struck from 1878 to 1904 and in 1921, the coins are associated with the adventurous times of the Wild West, of figures like Billy the Kid and Buffalo Bill. 

The reality is a little far away from that, as millions were stored in treasury vaults around the country until their eventual release in the 1960′s, but the stories all coin collectors have heard carry a much nicer ring. 

The series, which was struck at a total of five Mints (although not each Mint struck Silver Dollars in each year the design was in production), is filled with rarities and interesting coins that will appeal to novice and experienced collectors alike. 

In this article we will take a look at some of the well-known key dates, condition rarities, and just plain interesting coins of that fabled Morgan Silver Dollar series. (Refer main article link below)
 

The 1884-S Morgan Dollar is a very interesting issue and the prime condition rarity of the series. In the absolute sense, it can hardly considered a scarce coin, as its mintage of 3,200,000 coins is not all that low. 

Coins in grades up to the XF level are regularly encountered, and AU’s are merely scarce. In uncirculated condition, however, the story changes radically. Virtually the entire mintage was released into circulation and since numismatists at the time were not focused on mint marks. 

They settled for the much more common Philadelphia (Proof) issue and did not pursue the San Francisco coin. As a result the coin is a major rarity in uncirculated condition, jumping in price exponentially in grades above MS-60. 

Most uncirculated survivors show heavy bagmarks and lack eye-appeal, and even pieces grading MS-64 are a major rarity. In gem uncirculated condition this is simply put one of the rarest coins of the series, encountered less frequently than the some of the other key-dates with lower mintages.

Friday 11 July 2014

2014 Proof Silver Eagle Coin Sales Pass 600,000!

Why did the most popular numismatic silver coin, the one-ounce 2014 Proof Silver Eagle, pass another milestone? Consumers like the coin, or they like silver, or they like both.


                                                   2014-W Proof Silver Eagle - Obverse
 
Sales of the 2014-W Proof Silver Eagle surpassed 600,000
 
Which milestone? The latest round of U.S. Mint’s sales stats revealed the total for this year’s Proof Silver Eagle hit 606,601 after jumping by 11,842 during the week, the highest surge in the previous four weeks.
 
No other silver product’s weekly sales gain came close to the popular coin. In fact, the second best performer was the 2014 Silver Proof Set, and it advanced by 3,462. 

To-date, the Mint has sold 262,090 of the sets.

Tuesday 8 July 2014

The Maximilian Silver Peso!

At the urging of the French, who were meddling in Mexican affairs during the American Civil War, Ferdinand Maximilian Joseph of the Austrian House of Habsburg-Lorraine allowed himself to be crowned Emperor Maximilian I of Mexico in 1864. 


Despite unexpectedly backing liberal reforms that favored peons, at the expense of wealthy landowners, Maximilian never won over the unsuppressed republican opposition who objected in principle to the reestablishment of a monarchy and following the departure of the French troops that had been supporting his rule, he was taken prisoner and executed in 1867.

Silver pesos bearing Maximilian's likeness were struck at Mexico City, Guanajuato, and San Luis Potosi in 1866, with production at some of the other branch mints during this year consisting of the standard 8 reales "cap and rays" type (albeit evidently just in very limited quantities). For 1867, the Maximilian peso was coined at Mexico City only.

There are questions about these Maximilian pesos for which answers aren't readily found.

It's not clear to what degree they continued to circulate after his demise, and while you'd think they might have been largely melted down in the course of reconstituting the republic and in the interest of effacing Maximilian's memory, there nonetheless seems to be plenty still extant.

There's also the issue regarding what forgeries there are of these, whether they're primarily contemporary (more or less) counterfeits or latter day "replicas" made expressly for the purpose of duping turistas and/or collectors.

Another unknown, particularly with respect to the 1866 issues, is if a portion were exported for the Chinese trade (although I suspect that any that reached those shores would've most likely been summarily rejected). Certainly chop marked examples would be of interest, provided they aren't spurious.

Monday 7 July 2014

This Artist’s Work Is All Around Us!

At the Victoria unveiling of her seventh coin for the Royal Canadian Mint, it quickly became clear that coin design is just one of many projects that local artist Darlene Gait is signed up for.

This summer, Gait has put her personal art on hold to work on book illustrations, public murals and a kiosk. She also has a one-year-old daughter and two stepchildren to raise, as well as her own wedding to plan.


“The more I say it out loud, I can’t believe I’m saying it. It sounds insane. But I keep it together,” she said. The secret? “Lots of meditation,” she said. “Wine helps.”

Gait, a member of the Esquimalt Nation who lives on Orcas Island, was at the Yates Street Canada Post on Friday to sign her latest work: a half-ounce silver coin, featuring four red and black salmon on a holographic background.

The salmon converge at the centre of a circle with clusters of roe between them, alluding to the salmon’s life cycle.

Though printed with “10 dollars,” the coin retails for $74.95. (The face value is intentionally lower than the retail value so as to discourage circulation, mint spokesman Alex Reeves said.)

On Wednesday, the mint released another of Gait’s coins, retailing for $12,000. The $500, five-ounce pure gold coin tells the legend of the spirit bear. Only 50 were released.

George Nagy, Victoria’s Canada Post retail business manager, said coins with local connections are especially popular in Victoria, citing the Alice Munro coin released in March as an example. “It was big around the country, but we sold out in Victoria,” Nagy said.

Gait said the mint approached her about a year and a half ago to design her first coin. “Every time I submitted one, they asked me to do another,” she said.

The process of designing a coin — or working on any public project — requires more revisions and negotiation than the art you make for yourself, she said. “It’s really hard sometimes when you’re working with a group of people, because they all have different ideas about what they want.”

For the coins, it means submitting concept drawings, rough drafts and a final version.

Gait went through a similar process with the kiosk she is working on for the Capital Regional District, located at the Craigflower Bridge. 

Other collaborations include photo-realistic illustrations for Sandstone Signs, set to be released by Orca Publishing in September, and the Unity Wall mural at Ogden Point. The five-year mural project involved mentoring young artists alongside Songhees artist Butch Dick.

Gait is also working on a mural for B.C. Hydro that will be installed in downtown Victoria in November.

“It’s about healing, using all the traditional plants from our nation,” she said. “It brings [passersby] right into the forest, in the middle of the city.”

Despite the hectic pace, Gait doesn’t plan to slow down. “I love art. [I do it] for the sake of my nation, for the sake of my mom, my grandmother, for the sake of my daughter and her future.”

Gait added, “I think art is the most important thing in life. The more I think about it, the more I believe it.”

Friday 4 July 2014

2014 Native Orchids Of Singapore Coins Launched!

SINGAPORE — The fourth set in a series of coins featuring orchids, the 2014 Native Orchids of Singapore Coins, was launched today (July 2).


The coins will be issued on July 23, and will be sold individually or as a set from the Singapore Mint, said the Monetary Authority of Singapore (MAS).

Featuring two native orchids — Phalaenopsis cornu-cervi and Coelogyne rochussenii — a portion of the circumference of each coin is semi-rimless, a unique feature of the coins in the series. 

The obverse of the coin bears the Singapore Arms with the year 2014.

The Phalaenopsis cornu-cervi has yellow star-shaped flowers with specks of deep maroon on them, while the Coelogyne Rochussenii has pale yellowish-green flowers, with the side lobes of its white lip containing brown pigments. 

Both have been re-introduced successfully to parks and other nature areas.


Wednesday 2 July 2014

Elusive 1995-W Proof Silver Eagle Offered At $65,000!

JM Bullion is pleased to announce that the elusive 1995-W Proof American Silver Eagle PCGS PR70 coin is now available online at JMBullion.com. One of the most sought-after modern rare coins, the 1995-W Proof American Silver Eagle was issued to celebrate the 10-year anniversary of the American Eagle series. 


The anniversary series American Silver Eagle coins on the whole enjoyed a limited mintage, but these illustrious PCGS PR70 coins are extremely rare with only 36 in existence.

Last year a 1995-W Proof American Silver Eagle PR70 DCAM coin sold for a record $86,654.70. This set the record for the most expensive American Silver Eagle coin to ever be sold at auction. The coin has also made the Top 50 Most Popular Modern Coins by NGC and the top 100 list for the PCGS.

These proof coins are nearly unattainable due to their rarity, which makes this offering an incredible opportunity for JM Bullion customers who are collectors of rare silver bullion. 

Struck at the West Point mint, this coin has become one of the most popular coins in the world. Serious collectors and investors are clamoring to obtain this coin that is nearly unparalleled in the history of the mint for its low mintage.

Aside from its rarity, the 1995-W Proof American Silver Eagle PR70 has been graded by the PCGS and is certified to be in pristine, newly minted condition. Its exceptional design and quality make it an outstanding coin in every regard. 

While the West Point mint produced about 30,000 1995-W Proof American Silver Eagles, only a mere 36 have attained the perfect grade of PR70, and these coins hardly ever hit the market.

Obtaining a 1995-W Proof American Silver Eagle PR70 is akin to owning one of the most coveted offerings ever produced by the U.S. Mint. 

This coin is engraved with stamps that denote its year 1995, weight, purity, face value and inscriptions that include In God We Trust, Liberty, and United States of America. For a modern coin to elicit so much interest, this coin is rare, indeed, and likely to increase in value as the years progress.

The current asking price for this 1995-W Proof American Silver Eagle PR70 is $65,000 and can be viewed online at http://www.jmbullion.com/1995-w-american-silver-eagle-pcgs-pr70-dcam/. Customers can also call 800-276-6508 to learn more about this incredible opportunity.

Tuesday 1 July 2014

WARNING: Quality of Tokelau Tuna Coins!

The CEO of ModernCoinMart (MCM), John Maben, has given folks a heads up in terms of the quality of the Tokelau tuna coins, or to be more specific, the 2014 Tokelau 1 oz. $5 Silver Kakahi – Yellowfin Tuna coins.


John has noted via the MCM community board, dubbed MCF accessible from their website or via the ModernCoins.com domain, that the Tokelau tuna coin “…is a bullion coin not intended to have numismatic value. 

As such the quality is not as much of an issue as it would be on a collector item. Usually, bullion coins average MS69 which is still considered top quality. These coins average MS65 still acceptable for a bullion coin but not as high grade as many others. 

It’s a great design at a great price, and they have a proof-like appearance, but if you only buy highest appearance quality bullion, these are not for you” (Important Note on Quality of Tokelau Tuna Coins, MCF, John Maben). Be sure to read John’s note in full here. 

This is surely welcomed in terms of fair disclosure to customers. It certainly forms part of the reason why an increasing number of folks seem to choose to buy their bullion and modern coins from MCM. To give you an idea: