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designblunders

Coin Design Blunders at the United States Mint

Design Blunders

By Lianna Spurrier for CoinWeek …..
 

We all make mistakes – the United States Mint included. Over the years the Mint has released multiple coins with design flaws that caused outrage, confusion, and flat-out rejection.

We’ve all heard how public upset led to the removal of “VDB” from the back of the wheat penny and the covering of Lady Liberty’s breast on the Standing Liberty quarters. Did the masses really care that much about their coinage? Was there really enough pushback that popular opinion necessitated these changes?

Shield Nickel Rays Coin Design

The shield nickel was released in 1866 with a circle of 13 stars on the reverse that had rays between them. In early 1867, these rays were removed.

It’s widely known that the shield nickel series as a whole proved to be very difficult to strike. The Mint hadn’t worked with nickel very much and it is a harder material than copper or silver, making the dies liable to crack and have a short lifespan.

Shield Nickel coin design changesThe rays on the reverse were part of the problem. There was little space between each ray and its neighboring stars, making it a particularly problematic part of the coin. They were removed in part to help the dies last longer.

But there were other reasons. The design as a whole was widely criticized; Joseph Wharton famously likened it to a tombstone, and an 1866 Letter to the Editor published in the American Journal of Numismatics asserted that “[t]he motto ‘In God We Trust,’ is very opportune, for the inventor [sic] of this coin may rest assured that the devil will never forgive him for such an abortion.”

The most controversial offense, however, was on the reverse. The rays reminded some of the Confederate flags from the Civil War, indicating Southern sympathies. While seemingly not an extremely widespread complaint, this may have had something to do with the removal of the rays as well.

VDB Wheat Pennies

The release of the Lincoln cent in 1909, designed by Victor David Brenner, was highly anticipated. It was the first circulating US coin to feature a portrait of a historical figure, and there was such high demand that the Mint had to limit how many an individual could purchase. They were released on August 2, and the complaints started rolling in only a couple days later.

On August 4, the Middletown Daily Argus of Middletown, New York, published a brief article entitled “Lincoln Coins Faulty”:

The new Lincoln cent has been only one day in circulation and already it is declared that a serious blunder was made by the Mint authorities and that a new die may have to be made to eliminate the objectionable feature.

VDB Cent coin design and BVD UnderwearThe initials “VDB”, on the bottom reverse of the coin, were seen as too bold and made many think of Brenner as conceited. In addition, according to the Des Moines News, some people mistook the initials for the trademark of an underwear brand – BVD.

Franklin MacVeagh, Secretary of the Treasury, responded promptly. Over the next few days, multiple options were considered: removing the initials altogether, leaving them be, or replacing them with only a “B”. Ultimately, they were removed entirely, until finding a new home beneath Lincoln’s shoulder in 1918.

Numismatists of the day expected that the VDB varieties would become scarce and began saving them as soon as the change was announced, resulting in many high-grade specimens available today.

Brenner was none too happy about the removal of his initials. He originally included his full last name on the design, but it was reduced before minting began. In a letter to The Numismatist on August 23, Brenner said:

It is mighty hard for me to express my sentiments with reference to the initials on the cent. The name of the artist on a coin is essential for the student of history as it enables him to trace environments and conditions of the time said coin was produced.

There was already precedent to place his initials on the coin. In fact, the only other circulating coins at the time without a designer’s initials were the nickel and the $10 gold piece. Regardless, the controversy regarding his initials may very well have made him one of the more well-known designers of a US coin, especially considering that the wheat penny is the only circulating coin he created.

Type 1 & 2 Standing Liberty Quarters

Another widely known design change was the covering of Lady Liberty’s breast on the Type 2 Standing Liberty quarter in 1917. The common belief is that a public outcry of conservatives drove this change, but there were no such complaints.

The change was actually a result of people inside the Mint. Hermon A. MacNeil designed the Standing Liberty quarter in 1916. Between the approval of his designs and the beginning of production in December, multiple modifications were made without MacNeil’s approval; the eagle on the reverse was lowered, a pair of dolphins originally on the obverse was removed, and other small changes were made. His design was altered in part because the original design was in high relief, which the Mint was not capable of producing. Already having trouble with the new Mercury dimes and Walking Liberty half dollars, they hoped to avoid similar issues with the quarter and address them before production began.

At first, the new coins were available only to officials and prominent numismatists (out of a fear of hoarding), and MacNeil had to request a sample. Previously unaware of the design changes, he was outraged by the modifications and insisted that the new coins not be released to the public. They were held until January 17, 1917, when the already minted pieces were put into circulation.

Standing Liberty Quarter coin design

However, MacNeil got his wish. He was allowed to change the design so that he found it acceptable, and this was where the Type 2 design came in. The original intention was to leave Liberty’s breast bare and combine two previously produced obverses, but minting technology at the time was incapable of doing so. As a result, MacNeil had to entirely reengrave the obverse. He completed this in mid-February and chose to give Lady Liberty a chain mail shirt, thus covering the exposed breast.

So why the change? There are multiple theories, but no definitive records. It may have simply been a personal choice of MacNeil’s, like other works he produced during that time, such as the statue Intellectual Development, also feature more covered females. However, Ron Guth and Jeff Garrett assert in United States Coinage: A Study by Type that MacNeil didn’t have a say in this design change.

David Lange suggests the Treasury Department may have played a part in the addition of chain mail, and Ray Young, in an article for Coins, believes it may have been a symbolic change.

As tensions with Germany grew and the lead-up to World War I began, the chain mail may have been added to show Lady Liberty as more prepared to defend herself in war. Whatever the reason truly was, there’s no evidence of any public outrage at the exposed breast.

Susan B. Anthony Dollars

In one of the more recent design flops, the Mint avidly marketed the Susan B. Anthony dollar prior to its release. They even distributed folders of promotional materials to banks and businesses, including sample ads and comics, suggestions for events, and diagrams of how to rearrange cash register drawers to allow space for the new coins.

These materials touted the coin’s benefits, claiming it would be “easy to see it is a woman”; “easy to see the unique 11-sided inner border on both sides”; and “easy to distinguish by size”.

Sac / SBAThe verdict? Not so much. In 1988, the Colorado Springs Gazette quoted Michael Brown, Spokesman for the United States Mint, as saying, “I suppose there may have been other disasters like this in the history of our nation’s currency, but never anything this bad. Never rejection by the public that is this complete.”

The Susan B. Anthony dollar only circulated for two years before production was halted due to public rejection. The most common reason for such dislike was that it was so easily confused with a quarter. Contrary to what the Mint’s marketing materials suggested, there was not a large enough difference in size between it and the quarter to make it easily distinguishable.

There were also critiques of the coin design.

Most coins have some correlation between the obverse and reverse designs, but the Susan B. Anthony made no such attempt. Very few connections can be found between Anthony, a women’s rights activist, and the symbolic moon landing depicted on the reverse. Disconnection aside, there has also been speculation that some viewed it as feminist propaganda.

It certainly can’t have helped anything that the designer, Frank Gasparro, had no idea what Anthony looked like and could only locate two photographs on which to base his design. Still, according to an article from the Chicago Tribune in 1988, the widespread rejection of the coin hurt his feelings.

There were ideas to try to revive the coin. Stella Sims, Director of the Mint, allegedly considered making changes, such as putting a hole in the coin or changing the color to a brassy yellow to make it easier to distinguish. But nothing came of these ideas until the release of the gold-colored Sacagawea dollar in 2000.

While all of these designs are chronicled in any type book, the stories behind them are not. In modern society, it’s hard to imagine that there was truly an outcry about initials on a penny, but not an exposed breast.

It should also be noted that this is by no means an exhaustive list. For example, between the Type 1 and Type 2 buffalo nickels, the ground on the reverse had to be filed down so that the denomination wouldn’t wear off of the coin so quickly. Of course, coinage of the early 1800s features many mistakes, such as anywhere from 12 to 15 stars on assorted coins. The 1801 3 errors large cent is another gem of a mistake, but those early slip-ups are more commonly due to mistakes when making the dies, not explicitly poor decisions.

These four, however, seem to have been the worst mistakes. The coin designs were approved as they were, no issues noticed until the public responded. They were conscious choices made by the Mint, choices they probably wished they could have taken back.

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Ten Worst 50 State Quarter Designs

By Tyler Rossi for CoinWeek …..

The 50 State Quarter Program, which ran from 1999 through 2008, was a wildly popular circulating commemorative program that was responsible for introducing a whole generation of new collectors to the hobby we love. Each year of the program saw the release of five new reverse designs, issued in the order that each state entered the Union. Replacing the beloved Heraldic Eagle found on the reverse of the Washington quarter since its debut in 1932 (with the exception of the Bicentennial quarter, an inspiration for this program), the 50 State Quarter reverse designs were supposed to be emblematic of the states they represented and convey something of its cultural, natural, and historic legacy.

But out of 50 coins over 10 years, some were more successful at this than others.

Of course, no list of the 10 worst of anything is going to be truly objective. And “worst” doesn’t necessarily mean “bad”, either, since in the case of the 50 State Quarters, the modern United States Mint wasn’t going to allow truly bad artwork onto the coinage. Perhaps a state-mandated concept was less than thrilling ot throttled by bureacracy. Or maybe the idea was good but the execution left something to be desired.

However it happened, here are our picks for the top 10 worst State quarter designs.

Michigan (2004)

The 2004 Michigan State Quarter. Image: U.S. Mint / Adobe Stock.
The 2004 Michigan State Quarter. Image: U.S. Mint / Adobe Stock.
  • 26th quarter in the series
  • Designer: Unknown. Mint Engraver/Sculptor: Donna Weaver

Coming in at number one on our list is the 2004 Michigan quarter. The coin’s reverse design depicts a simple outline of all the great lakes surrounding a topographical representation of the state. This was chosen from a group of five similar designs, all of which were based on an outline of the state. All other proposed designs submitted to the Mint included elements that showcased the state’s cultural and natural contributions to our nation. While arguably a well laid out design that uses the available space to good effect, the overall look is quite boring. Also, by doing only an outline of the state and lakes, Michigan is implying that they have not given or produced anything of value to the United States.

Wyoming (2007)

The 2007-P Wyoming Quarter dollar design proved to be polarizing. Image: U.S. Mint / Adobe Stock.
The 2007-P Wyoming Quarter dollar design proved to be polarizing. Image: U.S. Mint / Adobe Stock.
  • 44th quarter in the series
  • Designer: Donna Weaver. Mint Engraver/Sculptor: Norman E. Nemeth

As one of the most debated 50 State Quarter designs, the 2007 Wyoming quarter has been called ugly and unimaginative. The design consists of a simple cut-out shape of a cowboy riding a bucking bronco. While not certain, this design is believed to be based off of a 1903 photo of cowboy Guy Holt riding a horse named Steamboat. To the right is the state motto “The Equality State”, which it adopted because it was the first state to give women the right to vote. At the time, the federal Commission of Fine Arts (CFA) approved of the design as “powerful,” and the federal Citizens Coinage Advisory Committee (CCAC) stated the design was “authentic.” Nevertheless, once it was released, the general public didn’t like it.

Texas (2004)

The 2004 Texas State Quarter. Image: U.S. Mint / Adobe Stock.
The 2004 Texas State Quarter. Image: U.S. Mint / Adobe Stock.
  • 28th quarter in the series
  • Designer: Daniel Miller. Mint Engraver/Sculptor: Norman E. Nemeth

Next is Texas. For such a large and important state, it’s a shame that they chose such an uninspired design. A simple depiction of the state with a five-pointed star superimposed over it does nothing to promote Texas on a national level. Only the stylized rope lariat border alludes to the “cowboy spirit” of the state.

Most of the early designs were much better; one even included a depiction of the Alamo within the state outline. One would expect that, out of the nearly 2,600 design concepts submitted, the Texas Numismatic Association could have selected a bolder, punchier, design.

Florida (2004)

The Florida State Quarter features a Spanish ship and a space shuttle. Image: U.S. Mint / Adobe Stock.
The Florida State Quarter features a Spanish ship and a space shuttle. Image: U.S. Mint / Adobe Stock.
  • 27th quarter in the series
  • Designer: Ralph Butler (design considerably and adversely edited by the Mint). Mint Engraver/Sculptor: T. James Ferrell

Also released in 2004, the Florida state quarter is a jumbled mishmash of design elements. While each of the three (a Spanish galleon, two Sabal palmetto trees, and a space shuttle) are well rendered individually, they do not unite in a cohesive design. Also, the significant amount of empty field, especially in the center of the coin, is slightly disconcerting.

Earlier design candidates were objectively more beautiful and did a better job promoting the state’s natural and cultural history. Unfortunatly, this was the design chosen in a three-week public vote from between a total of five options: “The Everglades”; “Fishing Capital of the World”; “St. Augustine”; “America’s Spaceport”; and the winning design “Gateway to Discovery”.

Massachusetts (2000)

Some have suggested that a design featuring Bill Buckner missing a routine grounder might have been a better choice for the Massachusetts State Quarter. Image: U.S. Mint / Adobe Stock.
Some have suggested that a design featuring Bill Buckner missing a routine grounder might have been a better choice for the Massachusetts State Quarter. Image: U.S. Mint / Adobe Stock.
  • Sixth quarter in the series
  • Designer: Two schoolchildren. Mint Engraver/Sculptor: Thomas D. Rogers

Massachusetts is yet another 50 State quarter that uses an outline as one of the main design elements. Superimposed over this map is a depiction of The Minuteman, a statue that stands in front of The Minuteman National Historical Park in Concord. While this statue does accurately represent Massachusetts’s Revolutionary War history, I have to admit, there were many more appealing ways to convey the message. For example, one of the early design proposals featured a handsome representation of Old Ironsides (USS Constitution) under full sail. Launched in 1797, she is the oldest ship still afloat.

Maryland (2000)

The 2000 Maryland State Quarter design is less impressive than the design proposed by local artist Bill Krawczewicz. Image: U.S. Mint / Adobe Stock.
The 2000 Maryland State Quarter design is less impressive than the design proposed by local artist Bill Krawczewicz. Image: U.S. Mint / Adobe Stock.
  • Seventh quarter in the series
  • Designer: Bill Krawczewicz. Mint Engraver/Sculptor:Thomas D. Rogers

Issued in 2000, Maryland chose to depict the statehouse tower on the reverse of its quarter. Not only is this a rather lazy representation of the state but it is also not even a very skillfully rendered depiction of the building in question. The official design is, if anything, too detailed. Interestingly, the draft version of this design, submitted as a proposal, was much more appealing. Additionally, while the oak is the state tree, why use oak branches as the second main design element? There are so many better, more interesting things to include. Overall, not the worst design, but it is one of the weakest when it comes to representing the state.

Wisconsin (2004)

The 2004 Wisconsin State Quarter. Image: U.S. Mint / Adobe Stock.
The 2004 Wisconsin State Quarter. Image: U.S. Mint / Adobe Stock.
  • 30th quarter in the series
  • Designer: Rose Marty. Mint Engraver/Sculptor: Alfred Maletsky

While Wisconsin is called the “Dairy State” for good reason, does the state quarter really need to be all about cows and cheese? In a rather slapdash design, the coin depicts the head of a cow, a wheel of cheese, and an ear of corn.

This design was not actually supposed to be used. Instead, then-Governor Jim Doyle (D) scrapped the state panel’s choice: a handsome image of a Native American scout shaking hands with a fur trapper. Panel member Dean Amhaus, president of a Milwaukee-based tourism organization, lamented that this would only spur “more cheese head jokes.”

Idaho (2007)

The 2007 Idaho State Quarter design is for the birds. Image: U.S. Mint / Adobe Stock.
The 2007 Idaho State Quarter design is for the birds. Image: U.S. Mint / Adobe Stock.
  • 43rd quarter in the series
  • Designer: Don Everhart

Numismatic designs are all about proportions, and a skillful coin designer can fit almost any image onto the face of the planchet. The 2007 Idaho quarter, however, is not well proportioned. The design is dominated by a massive peregrine falcon ominously standing over a medium-sized outline of the state (again!), disrupting any balance in the composition. If either the state outline or the bird were smaller, it may have worked. As it stands, the outline is overshadowed by the bird, and almost looks to be an afterthought. To make matters worse, the level of detail employed in the falcon’s feathers stands at odds with the state’s outline and the rest of the empty fields. Also, if you squint, the position of the state makes it resemble an outstretched arm holding a gun to the bird’s head.

Earlier design proposals also did not have the best track record. Of the proposals, one even had the lyric “And here we have Idaho, winning her way to fame” taken from the state song.

New Mexico (2008)

The New Mexico State Quarter depicts a topographical representation of Walter White's home state. Image: U.S. Mint / CoinWeek.
The New Mexico State Quarter depicts a topographical representation of Walter White’s home state. Image: U.S. Mint / CoinWeek.
  • 47th quarter in the series
  • Designer: Don Everhart

Another uninspired design, the 2008 New Mexico 50 State quarter depicts the sacred sun symbol of the Zia people superimposed over a topographical map of the state. It may have been slightly better if instead of being placed off-center right below the state’s founding year (1912), the symbol were centered over the state map. Additionally, the state motto feels rather shoe-horned in at the bottom left of the design. While not outright ugly, the design is definitely uninspired.

Interestingly, unlike the other state quarters on this list, all four New Mexico quarter design finalists were quite similar, playing with a state outline and the Zia sun symbol.

Ohio (2002)


2002 Ohio State Quarter celebrates American aviation. “Wooster, we have a problem”. Image: U.S Mint / Adobe Stock.
  • 17th quarter in the series
  • Designer: Unknown. Mint Engraver/Sculptor: Donna Weaver

Lastly, we have the 2002 Ohio state quarter. This design makes much of Ohio’s aviation history. The four major design elements are: the state outline (sigh), an astronaut, the Wright brothers’ plane, and the motto “Birthplace of Aviation Pioneers”. While this claim is true (Neil Armstrong, John Glenn, and Orville Wright were all born in Ohio), it doesn’t make for a good design theme. The reverse feels a bit disjointed, and while there is an overarching theme (aviation), it is not put together well. Like the Florida state quarter above, it’s just a jumble of mismatched elements.

Though it’s kind of cool that the astronaut looks like the old MTV logo.

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Christopher Columbus: His Decline in Numismatics and the Nation’s Collective Memory

By Heinz Tschachler ….. When in the early 1990s the United States was getting ready to commemorate the quincentennial of Christopher Columbus first landing on the Caribbean island of Guanahani, a bill was proposed that would eliminate the cent and the half-dollar and create a new small-dollar coin bearing a portrait of the discoverer (Wilcox, […]

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Perth Mint Gold “Doping” Scandal Calls Senior Leadership Into Question

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Top 10 Most Controversial US Coins

By Tyler Rossi for CoinWeek ….. The 1933 Saint-Gaudens 20$ Double Eagle Sold in 2021 for $18.87 million, this is officially the most expensive coin in the world. But that’s not what makes it so controversial. Shortly after the United States Mint struck 445,500 double eagles in the spring of 1933, President Franklin Roosevelt issued […]

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US Coin Profile – 2015 High Relief 24K Gold Coin

Description: On July 30, 2015, the United States Mint will issue a 1 ounce .9999 gold coin struck in high relief and bearing the notional denomination of $100. This high-relief gold coin was not specifically authorized by Congress, but instead will be issued under the authority granted under 31 U.S.C. § 5112(i)(4)(C), which gives the […]

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US Coin Profiles – Standing Liberty Quarter, Type 1 1916-1917

Charles Barber’s quarter dollar design was introduced in 1892, a beneficiary of the provision of the Mint Act of 1890, which allowed for the design of a coin to be changed every 25 years. Though not mandated by law, Barber’s designs for the dime, the quarter, and the half dollar were set aside in 1916. […]

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ANA Library Receives Walter Breen Papers, Books From Dwight N. Manley

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CoinWeek Podcast #159: The Infamous 1933 Double Eagle (with David Tripp)

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United States 1933 Double Eagle $20 Gold Coin

The 1933 double eagle $20 gold coin is one of American Numismatics’ most notorious coins. Only one surviving specimen was ever monetized and made legal to own, yet an uncertain number of examples still exist. When the United States made the controversial decision in 1933 to suspend the gold standard that it had based its […]

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Harriet Tubman $20 Bill Back on Track Under Biden Administration

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CoinWeek Podcast #147: Numismatics of the Trump Years

CoinWeek Podcast #147: Numismatics of the Trump Years Mobile phone users. Stream this podcast for free by downloading the podomatic app or subscribe to the CoinWeek Podcast on iTunes.   Every Presidential administration has its own personality and influence on American policy. The Trump Administration did not fail to deliver in this regard. In this episode of […]

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CoinWeek Podcast #146: Harriet Tubman Considered

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Enough is Enough… The U.S. Mint Needs to Change

Dear United States Mint, Not a day goes by that we do not receive angry emails from both collectors and established dealers in the rare coin market about the lineup, marketing, and rollout of the Mint’s numismatic products. It would truly be exhausting to answer them individually, and so we devote most of our time […]

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Christopher Columbus: His Decline in Numismatics and the Nation’s Collective Memory

By Heinz Tschachler ….. When in the early 1990s the United States was getting ready to commemorate the quincentennial of Christopher Columbus first landing on the Caribbean island of Guanahani, a bill was proposed that would eliminate the cent and the half-dollar and create a new small dollar coin bearing a portrait of the discoverer […]

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Collectors Polarized by US Mint’s Colorized Basketball Hall of Fame Commemorative Coins

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Grab the Tinfoil: People on the Internet are Going Batshit Over 2020 Samoa ATB Quarter

By CoinWeek News Staff …. Did you know that the Roosevelt dime has Soviet dictator Joseph Stalin’s initials on it? Or that a series of Canadian banknotes feature the devil in Queen Elizabeth II’s hair? Did you know that if you fold a $20 bill just right (the basic design having been around since 1928), […]

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In God We Trust: New Whitman Book Explores the Civil War, Its Effects on American Money, Banking, and Religion

Whitman Publishing announces the release of In God We Trust: The American Civil War, Money, Banking, and Religion, by numismatic researcher William Bierly. The 352-page hardcover book will debut in November 2019 at booksellers and hobby shops nationwide–as well as online–for $29.95 USD. The national motto “In God We Trust” debuted on United States coinage […]

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Infamous “NE” Pine Tree Shilling Featured in Stack’s Bowers November 2019 Baltimore Auction

Pine Tree shilling By James McCartney – Senior Numismatist, Stack’s Bowers …… Featured in Stack’s Bowers November 2019 Baltimore Auction is a remarkable 1652 Pine Tree shilling with an infamous counterstamp that has captured the attention of specialists for nearly 150 years. Placed just below the roots of the tree on the obverse is an […]

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Political Back and Forth as Harriet Tubman $20 Note Design Work Possibly Confirmed

By Hubert Walker for CoinWeek …. On Friday, June 14, in an article by Alan Rappeport, the New York Times presented evidence that design work on the Series 2020 Harriet Tubman $20 Federal Reserve Note had begun as early as 2016 – which runs contrary to recent statements made by Treasury Secretary Steven T. Mnuchin. […]

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Harriet Tubman $20 Note Postponed Until 2028

By Hubert Walker for CoinWeek …. Confirmation one way or the other of the Trump Administration’s plans for the Harriet Tubman $20 Federal Reserve Note have been a long time coming. But on Wednesday, May 22, Treasury Secretary Steven Mnuchin finally announced that the release of designs for the new $20 bill has been pushed […]

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PMG Currency Grading: German Vampire Notes

If you turn three German notes to the left at a 90-degree angle, there is an image that looks like a vampire   During the early 1920s, post-World War I Germany saw its economy spiraling out of control. Hyperinflation took over the Weimar Republic from 1921 to 1923 (though it had begun slowly accelerating right […]

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Behind the Scenes of the James A. Stack 1933 $20 Double Eagle Gold Coin

By Ron Guth ….. James A. Stack is well-known among collectors of high-quality U.S. coins because of the disposition of his collection in several auctions in the late 1980s and the early ’90s. Had his collection been sold in a single sale, it would have ranked as one of the greatest of the 20th century. […]

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The 1964 Peace Dollar That Never Was

By Blanchard & Company ……   In 1965 the US Mint melted 316,076 silver Peace dollar coins that never reached circulation. These coins were the early batches of an initiative intended to coin 45 million silver dollars. The story of “the coins that never were” began with one man in Nevada. In 1918, Senator Key […]

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World Paper Money – Hidden Messages in Propaganda Notes of Japanese-Occupied China

Chinese banknotes insulted the Japanese enemy and instilled hope in an occupied people By Paper Money Guaranty (PMG) ……   While many American historians cite the start of World War II as the invasion of Poland in 1939, scholars of Asian history often state that the war had, in fact, begun two years earlier, following […]

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Thompson Reaches Settlement to Give up Missing Gold

By CoinWeek News Staff …. On Wednesday, November 14, former treasure hunter Tommy Thompson reached a settlement in Franklin County Common Pleas Court in Columbus, Ohio concerning the 13-year-old lawsuit brought against him by one of the original investors in his efforts to salvage the site of the 1857 wreck of SS Central America. The […]

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US Coin Profiles – Standing Liberty Quarter, Type 1, 1916-1917

Description: Charles Barber’s quarter dollar design was introduced in 1892, a beneficiary of the provision of the Mint Act of 1890 which allowed for the design of a coin to be changed every 25 years. Though not mandated by law, Barber’s designs for the dime, quarter, and half dollar were set aside in 1916. Mint […]

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Grading Ancient Coins

CoinWeek Ancient Coin Series by Mike Markowitz …. FEW TOPICS IN CLASSICAL NUMISMATICS provoke more ferocious argument than the grading of ancient coins. Among collectors of classic American coins the 70-point “Sheldon Scale”[1] is universally accepted as a standard. Machine-made modern coins in the highest grades have literally, never been touched by human hands. Ancient […]

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Singapore Mint Issues Its Own Trump-Kim Summit Coin

By Everett Millman – Gainesville Coins ……. One of the longstanding uses for coins and medals is to commemorate transformative or otherwise noteworthy events. What better way could there be to immortalize an important milestone or historic moment? THat is what the Singapore Mint has done. Of course, this is provided the moment being commemorated actually […]

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Court Denies Appeal to Remove “In God We Trust” From Currency

By CoinWeek News Staff …. On May 31, the United States Seventh Circuit Court of Appeals in Chicago ruled against a man suing to remove the motto “In God We Trust” from the nation’s currency. Litigation had been ongoing since May of last year. Kenneth Mayle, the 36-year-old plaintiff who describes himself as a non-theistic […]

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Trump Treasury Trashes Tubman Twenty?

By Charles Morgan and Hubert Walker for Coinweek…. After Donald J. Trump was elected president on November 8, 2016, the numismatic media had reason to wonder whether or not the new administration would reverse the Obama-era decision to include women on the upcoming Federal Reserve Note redesign. Specifically, many wondered if President Trump would direct […]

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The 1933 Double Eagle: America’s Most Notorious Coin

By Eric Brothers for CoinWeek ….. If you ever thought that it would be cool to own a 1933 Double Eagle, think again. The handful of people who have “owned” specimens of the notorious coin have been famously unlucky. But what’s so unlucky about owning one of the most coveted American coins struck in the […]

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United States Mint Publishes Final Rule on Exchange of Mutilated Coins

Under the authority of 31 U.S.C. § 5120, the United States Mint established a program by which people and businesses could exchange bent and partial coins (commonly referred to as “mutilated coins”) for reimbursement. In November 2015, the United States Mint suspended the program to assess its security and to develop additional safeguards to enhance […]

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CoinWeek News Wire for December 8, 2017: Money Will Burn, the Bitcoin Bubble and the Red Kettle

By Coinweek …. CoinWeek News Wire for December 8, 2017 Current Events 1.) BEP Damaged Currency Redemption With the wildfires raging in California, it’s important to remember that the Bureau of Engraving and Printing (BEP) offers a redemption program for burned, mutilated or otherwise damaged currency. Follow this link to learn more. 2.) Zimbabwe not […]

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United States 2017 American Liberty 225th Anniversary Gold Coin

Description: In 2017, the United States Mint celebrated the 225th anniversary of its creation with the construction of the Philadelphia Mint as authorized by the Coinage Act of 1792. The highlight of the Mint’s celebrations was the 2017 American Liberty Proof Gold Coin. Part of a new series of coins and medals that showcase a […]

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Thompson Remains in Jail While Court OKs Sale of SS Central America Gold

  By CoinWeek News Staff …. After a quick morning hearing on Thursday, November 30, Franklin County, Ohio Common Pleas Judge Laurel Beatty-Blunt signed an order approving the sale of $30 million worth of gold, gold coins and other items recovered from the site of the 1857 shipwreck of SS Central America. The approximately 16,000 […]

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US Coin Profile – 2015 High Relief 24K Gold Coin

Description: On July 30, 2015, the United States Mint will issue a 1 ounce .9999 gold coin struck in high relief and bearing the notional denomination of $100. This high relief gold coin was not specifically authorized by Congress, but instead will be issued under the authority granted under 31 U.S.C. § 5112(i)(4)(C), which gives […]

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New Russian 200 Ruble Banknote Features Crimean Landmarks

For the second time in as many years, the Bank of Russia has released a new banknote featuring prominent symbols and landmarks from Crimea to almost immediate controversy By CoinWeek News Staff …. On October 12, the Bank introduced two new denominations of Russian currency, a 200-ruble note and a 2,000-ruble bill. And while the […]

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The Mnuchin M’neuver: Treasury Secretary’s Recent Gaffes Part of Larger Story?

Tubman on the Twenty might not be a priority, but what does he want with Ft. Knox? By CoinWeek …. Former Goldman Sachs banker and current Treasury Secretary Steven Mnuchin recently took a delegation of Kentucky politicians on a visit to the gold vaults held in the United States Bullion Depository at Fort Knox. Accompanied […]

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CoinWeek News Wire for September 8, 2017: Hanging with Beatrix, Busted Bitcoin, Gold Fakers

By Coinweek …. CoinWeek News Wire for September 8, 2017: Brain Food 1.) New Anti-Counterfeiting Technology: Dogs The first counterfeit-sniffing dog, Mike, went into the field in 1997, and other dogs since then have had great success finding and busting counterfeiters. The Secret Service has expanded the canine anti-counterfeiting program, and begun tackling counterfeiting of […]

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Gold & Silver PAC September 2017 e-Newsletter

By Scott Barman for the Gold & Silver PAC ….. Gold & Silver News From the Political Coordinator Hurricane Harvey has devastated southeast Texas. While Houston is getting most of the media coverage since it is the nation’s fourth largest city, the area of impact starts in the Corpus Christi area extending north of Galveston to […]

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Confederate References and Civil War Symbolism

By David Thomason Alexander for CoinWeek ….. Rewriting history is a great temptation to ideologues of left and right, but recalls the old child’s prayer in the wake of some unimaginable tragedy, “Lord. Make it didn’t happen!” Retrofitting the past with concepts of today can be very appealing but it is illogical and indefensible. American […]

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Bank of England Decides if Future Polymer Banknotes to Contain Tallow

By Bank of England ….. On Thursday, 10 August, the Bank of England announced that after careful and serious consideration and extensive public consultation there will be no change to the composition of polymer used for future banknotes. The new polymer £20 note and future print runs of £5 and £10 notes will continue to […]

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CoinWeek News Wire for July 21, 2017: The Hobby Under Fire, Endangered Cash, & Coin Crime

By Coinweek …. CoinWeek News Wire for July 14, 2017:  The War on Cash 2: This Time It’s Personal 1.) ‘CASH ESSENTIAL TO PERSONAL FREEDOM’ – EUROPEANS PUSH BACK The biggest cited concern for respondents was the threat the cash restrictions would pose to privacy and personal anonymity. A total of 87% of respondents viewed […]

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History Hidden in Plain Sight: Freemasons on United States Coins

By Charles Morgan and Hubert Walker for CoinWeek ….. According to some, the secretive fraternity of the Freemasons is elitist and anti-democratic. Still others have questioned the organization’s spiritual views. For those initiated into the fraternity, Masonry is said to offer a path to self-improvement and lifelong friendships. Historically, public suspicion of the Freemasons has […]

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“Divisive” 2017 American Liberty Silver Medal Outperforms 2016 Versions*

*A lack of a mintage limit may have helped By CoinWeek News Staff …. First day sales of the 2017 American Liberty U.S. Mint 225th Anniversary Silver Medal totaled 26,833 units, according to Todd Martin, Deputy Chief of the Office of Corporate Communications of the United States Mint. In light of the “controversy” over the […]

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Spink to Offer Rare Pewter Continental Currency Piece at June Auction

  On June 19 and 20, Spink USA in New York will be offering an amazing item. Lot 208 is a 1776 pewter Continental Dollar. Newman 3-D, Breen-1095, W-8460, Low R.4. PCGS MS63. “EG FECIT” on the obverse. “CURRENCY.” Large “N” in “AMERICAN” on the reverse. Sundial / Thirteen states on linked chains. The Continental […]

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World Coins – Hologram on New Coin Shows Melted Antarctic Ice Shelf

Holographic coin effect shows the Larsen B Ice Shelf that collapsed 15 years ago! Raising Awareness of an important environmental issue. Limited Mintage of 2,002. Produced in Britain by Pobjoy Mint manufacturer of luxury coins Exclusive Pobjoy effigy design of HM Queen Elizabeth II The Coin To highlight the effect of global warming on the […]

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Catastrophic Launch of Mint of Finland Collector Coin Ends with Scrapped Program

By Charles Morgan for CoinWeek ….. Last Monday, the Mint of Finland announced a five-coin, five-euro commemorative coin set marking the 100th Anniversary of Finnish Independence. Each coin in the proposed series was designed to mark a 20-year period, with an obverse and reverse design showing the trials and tribulations of the country’s history. The […]

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CoinWeek News Wire for April 28, 2017

By Coinweek …. CoinWeek News Wire for April 21, 2017 Brain Food 1.) The Hidden Science Of The New British Pound Coin There is however one security feature that the Royal Mint are being particularly cagey about, and that is the feature that they deem to make the coins the most difficult ever to forge. […]

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In God We Trust: A Brief History

By Charles Morgan and Hubert Walker for CoinWeek ….   [Originally published September 17, 2012. --CW] We pay attention to the news, so it follows that we pay attention to politics. After all, being involved is one of the original tenants of democracy[i]. When the news (especially politics in the news) touches on numismatics, it […]

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Supreme Court Refuses to Hear Langbord-Switt 1933 Double Eagles Case

By CoinWeek News Staff …. It may have been Neil Gorsuch’s first day on the bench, but the real news Monday, April 17 (at least for coin collectors) is that the United States Supreme Court declined to hear the Langbord family’s appeal as they attempted to recover 10 1933 double eagle $20 gold coins seized […]

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Supreme Court Refuses to Hear Langbord-Switt 1933 Double Eagles Case

By CoinWeek News Staff ….   It may have been Neil Gorsuch’s first day on the bench, but the real news Monday, April 17 (at least for coin collectors) is that the United States Supreme Court declined to hear the Langbord family’s appeal as they attempted to recover 10 1933 double eagle $20 gold coins […]

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Cultural Property Law Leads to Arrests of Coin Collectors in Munich

By CoinWeek Staff Reports …. If the March 4 arrests of coin collectors and a coin dealer at the 50th Numismata in Munich are any indication, collectors in the United States have reason to fear that Germany’s new Cultural Property Protection law may live down to the predictions of those who signed last year’s petition […]

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2017 American Liberty Gold Coin on Sale TODAY – Here’s What You Should Know

Everything you need to know about the U.S. Mint’s 225th Anniversary American Liberty High Relief Gold Coin By CoinWeek News Staff …. As of today at noon Eastern Standard Time, the 2017 American Liberty High Relief Gold Coin goes on sale at the United States Mint. While the year is far from over, and the […]

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U.S. Mint Releases Fort Knox Audit

By Everett Millman – Gainesville Coins ……. One of the most sensitive secrets protected by the Washington establishment is the massive cache of gold reserves held at the federal depository in Fort Knox, Kentucky. Locked Up Tighter Than Fort Knox According to official statistics, the United States holds far and away the largest gold reserves […]

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CoinWeek News Wire for February 17, 2017

By Coinweek …. CoinWeek News Wire for February 17, 2017 Brain Food 1.) A walk through the coinage of ancient India “The first known coins of India, the silver bent bars of the Gandhara Janapada region (Afghanistan, which was part of India), were punch marked coins with symbols of flowers on each side dated 2500 […]

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CoinWeek News Wire for February 10, 2017

By Coinweek …. CoinWeek News Wire for February 10, 2017 Brain Food 1.) The “Scandalous” Quarter Protest That Wasn’t Some accounts even claimed that famous anti-vice crusader Anthony Comstock had personally led the attack against the coin. The only problem with that story? Comstock died in 1915… 2.) Minting history “The world of coins is […]

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Opinion: The PCGS and NGC Dust Up Shows Market Realities

Image Composite: Heritage Auctions | Ron Drzewucki | CoinWeek By Ron Drzewucki – Modern Coin Wholesale ….. On January 17, NGC Chairman Mark Salzberg published an open letter on the NGC website (it also went out in an NGC email). In the letter, which is accompanied by data, Mark alleges that there has been an […]

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Everybody’s Got One: Opinions Vary on 2017 American Liberty Gold Coin

Editor’s Commentary by Charles Morgan …..   The United States Mint released images of the 2017 American Liberty High Relief Gold Coin on Tuesday, January 12, and the story took off like a steampunk locomotive powered by jet fuel in the mainstream media. In one sense this is understandable, since the new design features a straightforwardly […]

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Controversy Over Animal Fat Used to Manufacture New UK 5 Pound Note

By Charles Morgan and Hubert Walker for CoinWeek …. Tallow: The white nearly tasteless solid rendered fat of cattle and sheep used chiefly in soap, candles, and lubricants. –Merriam-Webster Online Dictionary Tallow. Probably not a word we or any other numismatic authors and journalists have to use much, but it’s at the heart of the […]

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Ancient Coin News – Metal Detectorist Challenges Alton Hoard Value

By Everett Millman – Gainesville Coins ……. In 1996, a Briton who was interested in archaeology and metal detecting as a pastime discovered one of the most significant treasure hoards in the history of the U.K., the Alton Hoard. A full two decades later, the finder–a bricklayer named Peter Beasley–believes that expert appraisers downplayed the […]

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Bernard von NotHaus “Trump Dollar” Coin Production Halted + CoinWeek Exclusive Video 4K

By Everett Millman – Gainesville Coins ……. Following the historic election of Donald J. Trump as the 45th president of the United States, would you expect to see “The Donald” appear on a coin? Bernard von Nothaus, the notorious creator of the “Liberty Dollar®”, is way ahead of you! Trump Dollar Coin? It’s worth clarifying […]

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The Global War Against Collectors of Ancient Coins

By Mike Markowitz for CoinWeek …. By including antiquities within the political construction “cultural property” nationalist retentionist cultural policies often claim all antiquities from beneath, or on the soil of lands within their borders as cultural property and of importance to their national identity, and their citizens’ collective and individual identities.[1] THERE IS A GLOBAL […]

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Next Generation Australian $5 Banknote Enters Circulation

By Reserve Bank of Australia …..   Australia’s new $5 banknote entered circulation on September 1. Issuance is being supported by an information campaign to ensure that the Australian public is able to identify the new banknote and its security features. The Reserve Bank’s Governor Glenn Stevens said: “The new $5 banknote has a range […]

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Legend Numismatics Hot Topics – True Quality, a Good Dealer & Freshness DO Make a Difference

By Laura Sperber – Legend Numismatics ……. If you think this Hot Topics sounds like a broken record… yes, it does. I can never say these things enough! HOW LONG DOES IT TAKE FOR A COIN TO BE FRESH? This is where many collectors make big mistakes. A coin purchased in 2013 is NOT fresh. […]

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Creation of Coins and Precious Metal Monetary System May Signal ISIS under Stress

UC Riverside political scientist suggests that introduction of coins fits historical pattern of troubled regimes turning to gold as “golden parachute” By University of California, Riverside ….. When ISIS announced in 2014 that it would create its own currency of gold, silver and copper coins, the terrorist organization said its intent was to free its […]

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CoinWeek News Wire for August 26, 2016

By Coinweek …. CoinWeek News Wire for August 19, 2016 Brain Food 1.) Rare coins in rare places While finding one or more rare coins in a totally unexpected location doesn’t happen very often, it does happen. Here are three stories about rare coins found in surprising spots… 2.) Some interesting facts about Indian currency […]

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Letters by Legendary Colonial Coin Forger Thomas Wyatt Offered at ANA

Kolbe & Fanning Numismatic Booksellers are proud to announce that they will be displaying for sale at this week’s American Numismatic Association (ANA) World’s Fair of Money (Booths 263 and 362) an exceptionally important group of six handwritten letters by the notorious forger Thomas Wyatt. The letters, all of which pertain to Wyatt’s creation of […]

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50 State Quarters Designs Replace Confederate Flags under Congressional Office in Washington, D.C.

By Joshua McMorrow-Hernandez for Coinweek ……. Designs from the 50 State Quarters program will soon adorn the subway halls below a United States Capitol office building in Washington, D.C., replacing a display of state flags and seals. The move is underway to remove Confederate symbols that formerly appeared on the walls of the subway system […]

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Professional Numismatists Guild Releases Statement About Upcoming U.S. Currency Design Changes

By Joshua McMorrow-Hernandez for Coinweek …….   The Professional Numismatists Guild (PNG) issued a brief statement about the United States Treasury’s recent announcement that it will incorporate new images of women on circulating paper currency. “Money is history you can hold in your hands, and the Professional Numismatists Guild welcomes the planned changes to our […]

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Professional Numismatists Guild Releases Statement About Upcoming U.S. Currency Design Changes

By Joshua McMorrow-Hernandez for Coinweek …….   The Professional Numismatists Guild (PNG) issued a brief statement about the United States Treasury’s recent announcement that it will incorporate new images of women on circulating paper currency. “Money is history you can hold in your hands, and the Professional Numismatists Guild welcomes the planned changes to our […]

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US Paper Money – An Open Letter from Secretary Lew

By Secretary of the Treasury Jacob “Jack” Lew …..   [The following is the text of Treasury Secretary Jack Lew’s April 20 announcement concerning the redesign of the $5, $10 and $20 Federal Reserve notes, which confirmed that Harriet Tubman will become the first African-American ever and the first woman to appear on the front […]

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US Coins & Currency: The History of Nudity on U.S. Money

By Littleton Coin Company ……….. Nude: devoid of a natural or conventional covering, especially a person’s flesh. Whether you say nude, naked, unclothed, in the buff or nekkid… It’s the most natural state a person can be in. And yet, the only thing that’s socially acceptable is to cover up. It seems as though this […]

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New British Coins Honor Beatrix Potter, Queen Elizabeth’s 90th Birthday

By Joshua McMorrow-Hernandez for Coinweek ……. Two new British commemorative coins–honoring Queen Elizabeth II’s 90th birthday and famous children’s book author Beatrix Potter, respectively–are stirring excitement among coin collectors and the general public. The commemorative £5 pound coins honoring the monarch’s birthday are enjoying jubilant popularity – especially since Elizabeth is the first British monarch […]

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CoinWeek Weekly Coin & Currency News Roundup – April 1, 2016

By Coinweek …. Hello, and welcome back to CoinWeek’s weekly roundup of the strange and off-center in coin and currency news. Today’s roundup happens to fall on April 1 – once known as New Year’s but now better known as April Fool’s. We leave it to you, gentle reader, to decide whether one (or more?) […]

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Private Mint Trump Dollars One-Up Legal Tender Coinage

By Joshua McMorrow-Hernandez for Coinweek ……. Donald Trump supporters can show their enthusiasm for the 2016 Republican presidential hopeful by purchasing Trump Dollar coins. “Fed up with the political class?” ask the promoters. “Fed up with money that loses value?” The pointed language matches the perturbed tone of the presidential candidate the coins honor; the […]

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New Zealand 2015 Series 7 $10 Bank Note

Description: The Reserve Bank of New Zealand’s Series 7 bank notes were introduced in October 2015 with the release of the NZ$5 and $10 denominations (at the time of writing, $20, $50 and $100 notes are set for release in April 2016). Like Series 6 (originally issued in 1999), Series 7 notes are made of […]

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Argentina to Issue New 50 Peso Falkland Islands Note

By Charles Morgan and Hubert Walker for CoinWeek….   Unveiled last year, the note’s release ahead of the 32nd anniversary of the Falklands War is bound to stir nationalist fervor in both Argentina and the U.K. The Central Bank of Argentina (Banco Central de la República Argentina) is set to begin issuing new 50 peso notes […]

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