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News — Coin Investing

Who Was Titus? | Ancient Roman Coins

Posted by Derek Sawchenko on

Who Was Titus? | Ancient Roman Coins
He was emperor during some very trying times including the cataclysmic eruption of Vesuvius, which buried half the towns of the Bay of Naples, including Pompeii in 79 AD and a fire in Rome in 80 AD. He was described as handsome, charming and generous. Titus once complained that he had lost a day because twenty-four hours passed without his bestowing a gift. He was, however, generous to a fault, which depleted the treasury. If he had ruled longer, he might have brought the empire to bankruptcy and lost his popularity. He died of illness in 81 A.D., succeeded by his brother Domitian.

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$5 Gold Eagle Collection: 1798 $5 Draped Bust Large 8, 13 Star Reverse

Posted by Derek Sawchenko on

$5 Gold Eagle Collection: 1798 $5 Draped Bust Large 8, 13 Star Reverse
This variety is known as the Large 8, 13 stars reverse. As you can see, the 8 appears larger than the rest of the numbers. If one looks at the reverse, they will find 13 stars, which is expected on these coins. However, there is also a 14-star variation. These stars were not meant to represent the states, as there were already 15 states at this time. Simply, the engraver added an additional star by accident when creating the die. So, with a mintage of 24,867, the Large 8, 13-star reverse is the more common variety. Typically, one sees this coin available in VF grades with uncirculated examples only being occasionally available.

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Going Out With a Bang: The 2020-W Gold Eagle V75 Will Be the Rarest Gold Eagle

Posted by Derek Sawchenko on

Going Out With a Bang: The 2020-W Gold Eagle V75 Will Be the Rarest Gold Eagle
On the other hand, the gold eagle will only have a mintage of 1,945. This of course is symbolic of the year that World War II ended. However, this is also the lowest mintage of any U.S. Mint numismatic product ever. This extremely low mintage combined with the fact that this is the final coin of the final year of this design means that this coin will sell out within mere seconds. The best bet with an item like this is to try to place an order online. It is possible that a portion of the coins could be allocated to telephone sales, but there is no guarantee. In addition, with the current pandemic, there would be no phone sales. However, that could change by the time this coin is released.

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Rare American Silver Eagle Prices

Posted by Derek Sawchenko on

Rare American Silver Eagle Prices
The population and prices of the coins vary depending on the year of mintage. The 1999 American Silver Eagle Mint State 70 (MS70) costs $25,000; it is the highest price point among the various years and mint states. The mintage of the 1999 Silver Eagle is 7,408,640. However, there are only 129 coins in MS70. The second-highest price point is 1996 MS70 which costs $10,000. The mintage of 1996 Silver Eagle is 3,603,386; there are only 179 in MS70. Below is a chart of the top 5 high price point American Silver Eagles in Mint State 70.

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First Day of Issue Labels

Posted by Derek Sawchenko on

First Day of Issue Labels
The Numismatic Guarantee Corporation, also known as NGC, offers First Day of Issue label for coins. According to the NGC website, “NGC offers the First Day of Issue designation for select coins that are received by NGC or an NGC-approved depository within one day of the first release of a new coin issue.” The label is available to those who submit bulk quantities, at select trade shows, and can even be offered to all who submit a request. There are a few different cases, or instances, where the label is available. In all cases, it is offered upon request and a higher grading fee. 

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