By David Yoon for American Numismatic Society (ANS) …… Something we are asked from time to time is how much a past coin was worth in terms of present-day money. It can be hard enough sometimes to say what the coin was worth at the time it was in circulation. Equating it to present-day money […]
The post The Florentine Gold Florin: How Much Is That in Dollars? appeared first on CoinWeek.
By Mint of Poland …… 500 years have passed since Nicolaus Copernicus delivered the treatise “De aestimatione monetae” (“On the Respect of the Coin”) at the Sejmik of Royal Prussia in Grudziądz. On this occasion, the Mint of Poland, commissioned by the Polish Society of Astronomy Lovers, produced a silver numismatic product. As of Monday, […]
The post Mint of Poland Commemorates the 500th Anniversary of Copernicus’ Treatise on Coins appeared first on CoinWeek.
By Patrick A. Heller
The US government and Federal Reserve Bank are inflating the money supply, which reduces the value of the US dollar. Two Federal Reserve online reports document the scope of this inflation
CoinWeek Ancient Coins Series by Mike Markowitz…. Throughout the history of ancient coins two contradictory concepts have competed with each other. According to one concept, a coin is a piece of precious metal whose value is essentially equivalent to the value of the bullion from which it was made, and the stamp on its face […]
The post What Were They Worth? The Purchasing Power of Ancient Coins appeared first on CoinWeek.
Commentary for Wednesday, November 1, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed up $7.10 at $1,274.10 in a kind of confused and choppy market. We opened unchanged – moved above $1,280.00 and then settled quietly lower. This small pop in prices to the upside is hard […]
The post Bullion & Precious Metals: Gold Dealer Newsletter – Gold Moves Higher? appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for October 27, 2017: Brain Food 1.) Coin stash that puts new spin on China’s 100 years of humiliation Inside a nondescript Hong Kong warehouse sit seven tons of Qing dynasty coins – proof, their owner says, that it was the imperial monetary system, not the opium trade, that […]
The post CoinWeek News Wire for October 27, 2017: The Bitcoin Revue, Vending Machines for Crows appeared first on CoinWeek.
By Q. David Bowers – Founder, Stack’s Bowers Galleries …… One of my favorite numismatic experiences was working with Norman Neubauer, the Morgan Guaranty Trust Company, the heirs of Virgil M. Brand, and David E. Tripp in the sale by auction of many coins from the Brand estate. If you are an old-timer, you will […]
The post Coin Collecting Philosophy from Virgil M. Brand appeared first on CoinWeek.
Islamic Gold Dinar By Everett Millman – Gainesville Coins ……. One major development in the global gold market over the last decade has been the liberalization of gold ownership laws in China. This has opened up an incredible flood of new demand for precious metals from the world’s most populous country. There’s still another huge […]
The post Bullion & Precious Metal News – Why Islamic Gold Demand May Surge appeared first on CoinWeek.
Boasting more digital transactions than ever, Korean officials believe coins are outmoded and therefore are making strides toward becoming a “coinless society” by the year 2020 By Joshua McMorrow-Hernandez for Coinweek ……. South Korea has announced it is going cashless by 2020 as the nation becomes increasingly dependent on the use of credit cards […]
The post South Korea Canning Coins by 2020, Turning to Electronic Monetary System appeared first on CoinWeek.
By Patrick Honohan, Governor of the Central Bank of Ireland…. Currency Choices in Ireland Past and Present Introduction A certain nostalgia has recently been evident, south of the border, for the sterling link period before 1979, when Bank of England notes circulated alongside the Irish pound. But are those traditionalists looking at history through rose-tinted […]
The post Central Bank of Ireland Governor Patrick Honohan Presentation on Irish Currency appeared first on CoinWeek.
First Read, a continuing series of essays about classic and contemporary works of numismatic literature… Essay by Mike Markowitz for CoinWeek…. Coinage in the Roman Economy by Kenneth Harl, Ph.D. Buy the book before you buy the coin. -Numismatic proverb (attributed to Aaron Feldman) I’m always a little embarrassed when CoinWeek describes me as an […]
The post First Read: Coinage in the Roman Economy appeared first on CoinWeek.