Category Archives: richard giedroyc


British Currency to Show Diversity

By Richard Giedroyc
In a push to show social diversity Great Britain will soon issue a coin on which India’s Mahatma Gandhi will be featured.
Mahatma Gandhi appearing on a British coin? Wasn’t Gandhi from India rather than from Britain? Wasn’t Gandhi a non-violent leader in a successful revolution to make India independent of British rule?
Is it true the British Royal Mint was recently asked by Chancellor of the Exchequer Rishi Sunak to come up with designs for coins that might honor Jamaican-born military nurse Mary Seacole and Russian born spy Noor-un-Nissa Inayat Khan?
Queen Elizabeth II appears on the obverse of all coins of the United Kingdom. While Her Majesty appears on the front of bank notes the backs depict vignettes of Winston Churchill (£5), Jane Austin (£10), Adam Smith (£20), J

Continue reading on Numismatic News

Do I Have a 1901/O-S Half Eagle?

How can I tell if I have a 1901/O-S half eagle?
This overdate variety is known as Breen 6780. It can be identified via the remnant of the curve of a “0” near the upper right of the final “1” in the date.
The motto “In God We Trust” first appeared on our bank notes during the Eisenhower administration in the 1950s

Continue reading on Numismatic News

How Do I Determine the Grade on a Coin Described as ‘Uncirculated Details?’

How can I tell if my Hobo nickel is an original or a modern machined example?
An extremely worn, dateless Buffalo nickel without a mint mark likely of low value is used as the host coin for most modern reproductions. Cut lines are sharp and clean, while lacking residue in those cuts. You should not be able to feel the engraving if you have an original

Continue reading on Numismatic News

World Coin Clinic: What is a Boardwalk Flan?

By Richard Giedroyc
What percentage of ancient coins being sold are from older collections and how many of them are from recent discoveries?
There are no hard statistics on this, however, it appears that prior to 1975 it is likely about 70 percent of the available ancient coins were likely being resold from older collections. This changed around 1975 due to the use of metal detectors. From this point forward, about 30 percent were from existing collections, while about 70 percent were from fresh finds

Continue reading on Numismatic News


Crime Doesn’t Pay

British Treasure Trove laws are some of the most reasonable anywhere. These laws protect the landowner where something is discovered, allow museums and researchers the opportunity to study and perhaps acquire important finds, and rewards the finder. Treasure found in the United Kingdom belongs to the crown and Treasure Valuation Committee

Continue reading on Numismatic News

Iranian currency reform is at hand

It appears Iran is about to remove four zeroes from each of its bank notes in a proposed currency reform.
On April 16 the Central Bank of the Islamic Republic of Iran requested the economic committee of the cabinet (Iran has a vice president of economic affairs) put the previously proposed plan to eliminate four zeroes from the national rial currency while introducing a new currency.
The change from a system based on the rial to toman-denominate coins and bank notes was ratified by Iran’s Parliament in December 2016 by the Rouhani administration

Continue reading on Numismatic News

Does an ANA membership have to be sponsored?

I hate to make it sound crass, but the only requirement for membership in the American Numismatic Association appears to be paying dues. Is it true that at one time your membership had to be sponsored?
I don’t know when it changed, but when I joined the ANA about 40 years ago you needed a member to sponsor you. A friend recently told me of his potential sponsor asking him some questions to ensure he was sufficiently knowledgeable prior to being sponsored

Continue reading on Numismatic News