Columbus Proof Set Is Proving To Be Popular

Posted: October 25, 1992

The U.S. Mint's three Columbus commemoratives have been selling briskly since being placed on the market in August. Columbus celebrations taking place this month, the 500th anniversary of the explorer's discovery of the New World, have further encouraged sales.

Congress and the mint's administrators have been watching coin sales to determine patterns and weaknesses. Recent coin programs have suggested that proof coins sell much better than uncirculated coins, and that sets are more popular than single coins.

MARSHALL ISLANDS. Among the nations producing coins for the Columbian anniversary, the Marshall Islands has struck two silver and one brass coin in a set. The design of each reverse links Columbus' voyages with space discovery, and with the travels of islanders who navigated the Pacific.

The three-coin set will sell for $65; the $50 silver proof coin, $56; the brass $10 proof, $12, and the clad $5 coin, $6.50. Queries go to the Marshall Islands' Coin Fulfillment Center, 1 Unicover Center, Cheyenne, Wyo. 82008.

ESTONIA. When Estonia issued its first circulating coin in more than 50 years, it also authorized the British Royal Mint to strike a "currency commemorative," a silver proof coin celebrating the event. The 10 krooni piece shows a barn swallow soaring over pine trees. The reverse carries Estonia's coat of arms - three lions within a shield surrounded by oak leaves - and the 1992 date.

The new Estonian republic has also issued a second 10 krooni proof coin to commemorate its participation in the Olympics. Each of the silver proof coins is being sold for $44.50. Queries should go to the Estonian Mint,Box 2570, Woodside, N.Y. 11377.

EVENTS

TRI-STATE COIN SHOW 10 a.m. to 4 p.m. today, Best Western, Rte 309 and Stump Rd, Montgomeryville.

TRENTON NUMISMATIC CLUB 8 p.m. tomorrow, McNerney DAV Hall, 911 Arena Dr, Hamilton Twp, N.J.

WILLIAM PENN COIN CLUB 7:30 p.m. Tue, Rhawnhurst Jewish Center, Hoffnagle St and Summerdale Ave.

WILMINGTON COIN CLUB 7:45 p.m. Tue, Lutheran Church of the Good Shepherd, Foulk Rd and Chatham Dr, Wilmington.

WILKES-BARRE COIN CLUB SHOW 10 a.m. to 5 p.m. Sat and next Sun, Bishop Hobon High School, S Penn Ave, Wilkes-Barre.

TREVOSE COIN SHOW 9 a.m. to 4 p.m. next Sun, Ramada Inn, 2400 Old Lincoln Hwy, near Pa Tpk Exit 28, Trevose.

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