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James Bucki

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3 Things You Need to Know Before You Buy Gold Coins

Monday April 21, 2014

Gold coinsWith the volatile price of gold recently and the future health of the U.S. economy becoming questionable, more and more people are looking to invest in gold through the purchasing of gold coins. Unfortunately, there are also a few unscrupulous people looking to rip-off the uninformed consumer when it comes to purchasing gold coins. The Professional Numismatists Guild (PNG), which is composed of the country's top rare coin dealers, has put together a list of three things that everyone should know before they decide to invest in gold coins. So don't believe everything you see on television and don't listen to anything a telemarketer is trying to tell you over the telephone. Arm yourself with knowledge and check out what some of the country's top numismatists have to say.

How To Protect Yourself When You Buy Gold Coins:

Image courtesy of: Getty Images

Safely Storing Your Coin Collection

Thursday April 17, 2014

Coin Storage and Supplies Many coin collectors have already taken the time to house their collection in folders and albums. But, if you do not store your folders and albums in the proper environment your coins may still get damaged. Even though coins are made of metal, and metal is very tough, coins can still be damaged from some harsh environmental factors. If you understand what these factors are and how they affect coins, you can select a place to safely store your collection where it will not get damaged.

I've written an guide that explains how you can safely store your coin collection. Additionally, you will understand which environmental factors can damage your coins and select a safe location to store your collection so that it can be enjoyed by generations to come.

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A Guide to American Eagle Gold and Platinum Coins

Tuesday April 15, 2014

American Gold and Platinum Eagles Coin Book Retired director of the United States Mint, Edmund C. Moy has authored an authoritative guide on the American Gold and Platinum Eagle bullion coin program. Moy was director of the United States Mint from 2006 until 2011. In this book, he shares his unique insights and perspective on the gold and platinum bullion market. Not only are these coins used as an investment in tangible assets, but they are also prized and highly collected by numismatists. My book review will help you decide if this book will be an appropriate addition to your numismatic library.

Books on Bullion Coins:

Image courtesy of: Whitman Publishing, LLC

Collecting Guide to Standing Liberty Quarters

Thursday April 10, 2014

Standing Liberty QuarterPersonally, I think the Saint-Gaudens Double Eagle $20 gold piece is the most beautiful coin that United States Mint has ever made. Right behind that is the Walking Liberty half dollar and the Standing Liberty quarter. The Standing Liberty quarter has always intimidated me. There are a couple of "showstoppers" even in a simple date collection of these beautiful coins. Even if you are looking for just a single type coin that is well struck, that too can also presented its own challenges.

Regardless if you are a seasoned collector of Standing Liberty quarters or you have just discovered this beautiful United States coin series, I have assembled several collecting guides to help you get started or hone your collecting skills.

Learn All About Standing Liberty Quarters:

Image courtesy of: Heritage Auctions

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Collecting United States Commemorative Coins

Saturday April 5, 2014

 United States Commemorative CoinWith all the recent publicity regarding the launch of the 2014 Baseball Hall Of Fame Commemorative Coins, I have received a number of inquiries from coin collectors and non-collectors alike regarding the "collectability" of United States commemorative coins. Coin collectors, who were intrigued by the universal appeal of baseball, were interested in other United States commemorative coins. I also received a number of inquiries regarding the investment potential of modern U.S. Commemorative coins.

My standard answer to people who ask my opinion as to whether they should collect a particular coin series is, "Collect what you like and you will never be disappointed." When you complete the series or are no longer interested in it, you can then sell your collection and recover some, if not all or even more, of what you originally purchased it for. Most collectors of modern United States commemorative coins focus on the commemorative silver dollars. You will see that a majority of these modern U.S. commemorative silver dollars are reasonably priced.

Learn More About Collecting U.S. Commemorative Coins:

Opening Day Statistics For Baseball HOF Coins

Tuesday April 1, 2014
National Baseball Hall Of Fame Commemorative Coin

On Thursday, March 27, 2014 at 12 noon Eastern Daylight Time, the United States Mint began accepting orders for the National Baseball Hall Of Fame Commemorative Coins. Sales were brisk and ordering limits were imposed by the Mint. The mint's website utilized the "Waiting Room" to eliminate congestion and prevent the website from crashing. Personally, I waited in line about 44 min. to place my order. As you can see from the table below sales were brisk, but nowhere near a sellout. I think the only option that has the possibility of selling out are the five dollar gold coins. So if you are thinking about purchasing one of the gold coins, I would not wait.

Updated: Tuesday, April 1, 2014 10:00AM EDT

US Mint Product Opening Day Orders* Mintage Restriction Remaining
Clad Half-Dollars Uncirculated (B36) 29,978 ^
Clad Half-Dollars Proof (B35) 43,376 ^  
Totals for Clad Half-Dollars 73,354 750,000 676,646
Silver Dollars Uncirculated (B34) 48,511 ^  
Silver Dollars Proof (B33) 108,164 ^  
Totals for Silver Dollars 156,675 400,000 243,325
$5 Gold Uncirculated (B32) 14,999 ^ SOLD OUT
$5 Gold Proof (B31) 26,798 ^ SOLD OUT
Totals for $5 Gold 41,797 50,000 SOLD OUT
* = Figures are unaudited and subject to change due to order cancellations, credit card returns, etc.
^ = Mintage restrictions are across the total for both proof and uncirculated options.

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Curved Baseball Coins Go On Sale With Ordering Limits

Wednesday March 26, 2014

2014 National Baseball Hall of Fame CoinsAccording to a press release from the United States Mint, "These coins commemorate important aspects of American history and culture, so we want to make sure a maximum number of customers have an opportunity to purchase this coin," said United States Mint Deputy Director Dick Peterson. "We had anticipated strong interest in this coin from the outset. However, the interest in the past few days prior to the coin even going on sale has caused us to take this action. We will evaluate these ordering limits on a regular basis and adjust or remove them accordingly."

The minting restrictions are dictated by Public Law 112-152 that authorizes the U.S. Mint to produce up to 50,000 $5 gold coins, 400,000 $1 silver coins and 750,000 half-dollar clad coins in recognition and celebration of the National Baseball Hall of Fame, which celebrates its 75th anniversary in 2014. The coins go on sale at 12:00noon Eastern Daylight Time (EDT) March 27, 2014.

US Mint Product Ordering Limits Introductory Price * Regular Price
Clad Half-Dollars Uncirculated (B36) 100 $18.95 $22.95
Clad Half-Dollars Proof (B35) 100 $19.95 $23.95
Silver Dollars Uncirculated (B34) 100 $47.95 $52.95
Silver Dollars Proof (B33) 100 $51.95 $56.95
$5 Gold Uncirculated (B32) 50 $419.75 TBD
$5 Gold Proof (B31) 50 $424.75 TBD
* = Introductory Price good through April 28, 2014 at 5 p.m. EDT

If you would like to watch the launch event for the 2014 National Baseball Hall of Fame Coins it can be viewed by going to the following link. The ceremony will begin at 11:00 am Eastern Daylight Time and the link will go live at approximately 10:45 am. You can either click on the link below or cut and pasted into your browser:

Image courtesy of: The United States Mint

Learn From the Best at the ANA Summer Seminars

Friday March 21, 2014

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, Colorado. These week long seminars are offered for two weeks beginning at the end of June. I attended 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 (former 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. From half cents to gold coins to patterns, and everything in between, the Summer Seminars have it all!

If you act now, ANA members who register for the Summer Seminar and pay campus fees by March 31 will receive a $50 discount.

Session dates for 2014
  • Session 1: June 21-26
  • Session 2: June 28-July 3

Image Courtesy of: The American Numismatic Association, www.money.org

The Red Book Professional Edition

Tuesday March 18, 2014

A Guide Book of United States Coins; Professional Edition; 5th EditionAfter a few years, coin collectors can become quite comfortable with their hobby. They know their way around A Guide Book to United States Coins and may have purchased an additional book or two. Eventually, you'll want more in-depth information than what is provided in the old standard "Red Book." You are now entering into the realm of intermediate or advanced coin collecting. This is where A Guide Book of United States Coins; Professional Edition can help you expand your knowledge and collecting ability. Check out my book review and see if the "Professional Edition" is right for you.

More Coin Book Reviews:

Image courtesy of: Whitman Publishing

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U.S. Mint Resumes Making One-Ounce Platinum Eagles

Friday March 14, 2014

 One Ounce Proof Platinum American Eagle Bullion CoinThe United States Mint has announced that they will resume sales of the One-Ounce American Eagle Platinum Bullion coins on March 10, 2014. The bullion version of the platinum American Eagles were last produced in 2008. Proof collector versions have been produced since 1997. According to the Mint's press release, " As with American Eagle Gold and Silver Bullion Coins, American Eagle Platinum Bullion Coins will be available for purchase from the United States Mint Authorized Purchasers. Authorized Purchasers consist of major coin and precious metals dealers, brokerage companies, and other participating financial intermediaries."

Image courtesy of: The United States Mint

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