Category Archives: News

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Two PCGS 2020 Quarter Quest Winners Split $2,000 Prize

Two lucky winners of the PCGS 2020 Quarter Quest will split the $2,000 prize for finding the W quarters for the new coin of the America the Beautiful quarter series: Salt River Bay National Historic Park. (Images courtesy Professional Coin Grading Service)
The PCGS 2020 Quarter Quest continues at Professional Coin Grading Service with the release of the 2020-W U.S

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Selling Coins Trickier than Buying

By Bruce Frohman
Many coin collectors buy coins for years from dealers and fellow collectors before they sell a single coin. How many times have you met a collector who proudly proclaims, “I never sell anything”?
In the acquisition phase of collecting, many collectors give no thought to future resale by themselves or their heirs.  They whimsically accumulate an incredible array of material of various quality and value

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Market Reaches Level of Exuberance

By Richard Giedroyc 
Are stocks overpriced, or are gold and silver in coin as well as in bullion format following the value of equities in tandem? Some sources are suggesting that gold and silver are moving parallel to equities due to those equities being overpriced. The record 32.9 percent decline in Gross Domestic Product in the second quarter appears to support that argument

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Spotlight Organizations, Collectors in Numismatic News

Spotlight Organizations, Great Collectors in NN
As someone who only recently returned to numismatics after a 55-year hiatus, I have a lot of history to catch up on. Articles on dealers such as the re-published story on Michael O’Higgins [Page 26, June 23, 2020 issue] help me decide whether or not I might want to do business with a dealer. Such articles should include both advertisers and non-advertisers to be truly helpful (otherwise they become “infomercials”)

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Wacks Steps Down as AINA President

After 18 years as president of the American Israel Numismatic Association, Mel Wacks is hanging up his hat.
After 18 years as president of the American Israel Numismatic Association (AINA), Mel Wacks is stepping down, he announced July 31.
“I have had the pleasure and privilege of serving longer than any other AINA president, and it is time to pass the baton to a new generation,” he said

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All Eyes – and Dollars – on Silver

Silver prices are at record highs, and this week’s sales totals show that it has collectors’ attention. The top two highest sellers this week consist of silver Mint products.
Coming in first is the 2020-W proof silver American Eagle coin

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Community Voice Response: Aug. 25, 2020

From the July 31 Numismatic News e-Newsletter.
What’s your level of trust in gold’s record-high performance?
Here are some answers sent from our e-newsletter readers.
 
I’m confident gold will hit $2,500

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Enjoy ‘Gold Rush’ Prudently, Advises PNG

 
Buyers of physical gold and silver during the 2020 “Gold Rush” should be wary of potential counterfeits in the marketplace, mistaking plated “gold coins” for bullion products, and avoid overpaying for any purchases, cautions the Accredited Precious Metals Dealers division of the Professional Numismatists Guild in a July 31 advisory.
“Adding gold, silver or platinum bullion coins or ingots to an investment portfolio can be a smart choice, but knowing your seller can be a crucial choice,” said Richard Weaver, president of PNG-APMD. “If you don’t know gold, you’d better know your gold dealer

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United States Mint Releases Public Service Announcement Regarding Coin Shortage

The United States Mint has released the Public Service Announcement (PSA) below addressing the circulation issues causing the current coin shortage. In the PSA, Mint Director David J. Ryder asks the public to “help get coins moving by using exact change when making purchases, taking your coins to financial institutions, or turning them in for […]

The post United States Mint Releases Public Service Announcement Regarding Coin Shortage appeared first on CoinWeek.

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U.S. Mint Asks Dealers for Coin Forecasts

By Richard Giedroyc
Silver rather than gold is where the action is! Gold bullion and readily available business strike gold coins prior to 1933 are holding their own following a significant price run-up to an all-time record for gold. It now appears silver is doing more than just catching up.
The spot price of silver has a long way to go to reach an all-time record of about $50 an ounce, but silver American Eagles and bullion-impacted common silver coins issued through 1964 are rising quickly in price as is the spot price of their content

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Chinese ‘Spring Dollar’ Nets $660,000 at Heritage Sale

This Chinese ‘Spring Dollar’ realized a whopping $660,00 at auction. (Images courtesy Numismatic Guaranty Corporation.)
A China 1910 Yunnan silver dollar certified by Numismatic Guaranty Corporation (NGC) realized a whopping 660,000 USD at a Heritage Auctions sale on June 12, 2020

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SARC Auction 37 Nets $1.85 Million

The folks at Stephen Album Rare Coins bring a substantial base of combined knowledge to the process of cataloging their high quality, diverse consignments. I think also that their bidders tend to be very well versed in the specialized fields in which they collect or trade. It is for these two broad reasons that I really enjoy bringing our readers previews or reviews of the SARC live and online auctions

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Modern $5 Gold – Even on a Budget

By Mark Benvenuto
The United States Congress brought a commemorative coin program back to life in 1982 in a quiet, almost simple sort of way. They authorized a single half-dollar coin honoring the 250th anniversary of the birth year of President Washington. The next year saw an explosion of commems, all aimed at the 1984 Olympic Games held in Los Angeles

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Stone Mountain Half a Reminder of Institutionalized Racism

By Robert Grand 
Great art is timeless, but also inevitably tied to the time in which it was produced. Many coins are miniature works of art and as such, reveal the ideals and prejudices of the time in which they were minted.
Today, as we struggle with issues of social justice, and particularly as we examine the role of civil war monuments and what they signify to Black Americans (indeed all Americans), it may be instructive to examine a coin issued in 1925 known as the Stone Mountain commemorative half dollar

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How High Will Silver Go?

By Richard Giedroyc
Silver broke through the $21 an ounce barrier as this commentary was being written, so how high will silver go? Is it really the poor man’s gold? There really isn’t anything further to say that the spot price of silver can’t say for itself. Bullion and bullion-impacted coins continue their upward trend. This, in turn, is grabbing the attention of investors while the general public begins once more to check their change to see if they get lucky

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Letters to the Editor: Aug. 11, 2020

Research Reveals Find Created by Chet Krause
Check out this historic find! The steel penny isn’t part of it, it’s just something I picked up at the same time. I started researching and found that this publication’s founder made these. I thought it was a cool find considering I’m in Florida

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Reader’s Showcase: Series of 1929 Notes

By Peter Huntoon
Pete Papadeas has been collecting layout varieties on Series of 1929 notes with particular attention to the odd fonts, special symbols, and punctuations used on New Jersey notes.
A true prize along these lines that he found are the layouts used for this Woodstown bank. The bank received printings from three different sets of 1929 plates

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Community Voice Response: Aug. 11, 2020

from the July 17, Numismatic News E-NewsLetter
Have you come across counterfeits or suspected fakes during your time in the hobby? If so, what have you seen?
Here are some answers sent from our e-newsletter readers.
 
I’ve gotten a few fake ancients at different times, one even fooled two high-ranking dealers/collectors. Thankfully I got refunds on them all

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Mint Asks Public to Return Coins to Circulation

Editor’s Note: Following is a statement from the United States Mint’s Office of Corporate Communications issued July 23.

 
 
 
 
United States Mint Statement on Circulating Coins
WASHINGTON – The impact of COVID-19 has resulted in the disruption of the supply channels of circulating coinage – the pennies, nickels, dimes, and quarters that the American people and businesses use in their day-to-day transactions. The United States Mint is part of the solution to this issue, but we need your help as well

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Never Before Offered ‘S.S. Central America’ Treasure Stars in Goldberg September Auction

Historic sunken treasure from the California Gold Rush recovered from the fabled S.S. Central America which sank in 1857 will be offered to the public for the first time in an auction to be conducted in September in Los Angeles, Calif

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Royal Mint Experience Safely Reopening

The Royal Mint is preparing to safely reopen the Royal Mint Experience on July 31. The Royal Mint’s website announced that there will be changes due to health and safety regulations and that visitors will be greeted by hosts right at the door. The Royal Mint has still been busy, even while closed to the public, by making 5,000 protector visors every day for the NHS

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The Masterpiece Syndrome

Writer’s Name Withheld
I am a recent coin collector whose preference when it comes to coins are modern and ultra-modern coins. When I share this with most seasoned collectors and coin dealers, there is a tinge of unintentional condescension. I find this group doesn’t seem that interested in discussing the wonderful and historically informative designs of the Native American dollars produced since 2009

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America the Beautiful Quarter Products Hit Market

More America the Beautiful quarter products have hit the market, and you will see their listings added to this week’s charts.
The three-coin set honoring Weir Farm National Historic Site in Connecticut was released June 29. The set, comprised of a “P” uncirculated quarter, a “D” uncirculated quarter, and an “S” proof quarter, has sold 11,375 since its debut

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Community Voice Response: Aug. 4, 2020

From the July 10, Numismatic News E-NewsLetter
How has the COVID-19 pandemic changed the way you collect coins?
Here are some answers sent from our e-newsletter readers.
 
I have changed nothing due to COVID.
Brian Schneider
via Facebook
 
Now that all of the coin shows and conventions are canceled, I am saving a lot of money

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‘Bogus Stella’ Case Investigated

Obverse and reverse of the counterfeit 1879 Coiled Hair $4 Stella that is jointly being investigated by the Anti-Counterfeiting Educational Foundation and federal and local California law enforcement agencies. (Images courtesy Ryan Moretti.)
Acting on a tip from the Anti-Counterfeiting Educational Foundation (ACEF), federal and local California law enforcement agents are now investigating the attempted sale of $400,000 of counterfeit coins including a fake example of the historic 1879 Coiled Hair gold $4 “Stella” that brought $300,000 at auction last year, the agency announced in a July 14 statement

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ANA Officially Cancels 2020 World’s Fair of Money

The American Numismatic Association (ANA) Board of Governors voted on July 14 to officially cancel the 2020 World’s Fair of Money, the organization announced in a July 16 statement.
The show was originally scheduled for Aug. 4-8 in Pittsburgh, Pa; however, COVID-19 restrictions made continuing with the Pittsburgh event unfeasible, and the Board voted in mid-June to postpone the event while it considered alternate sites and dates

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Does A Gold Currency Make Sense?

Gold coins have circulated for thousands of years. Using gold in coins for payment purposes has a great combination of advantages—durability, portability, standardization, relative ease of production, and others. One limitation of using gold coins for commerce, however, has been that it was most practical for face-to-face transactions

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German Auction House Sells U.S. Medal of Honor

By Richard Giedroyc
The provenance of a coin, or in this case a military decoration, can be important. This can be due to the potential of the item otherwise being reclaimed by an individual or by a foreign nation due to the object being family or national patrimony.
This scenario has played out many times for American collectors owning ancient coins

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PCGS Banknote Grades $1,000 ‘Grand Watermelon’ Note

The finest known example of the ultra-rare 1890 $1,000 “Grand Watermelon” Treasury Note, which in 2005 became the first bank note to bring $1 million at auction, has been certified and graded by PCGS Banknote, according to a July 9 statement.
Issued in $100 and $1,000 denominations and originally redeemable in gold or silver coin, they were dubbed “Watermelon” notes because of the color and design of the large zeroes on the reverse of the note.
The $1,000 note, commonly referred to as a “Grand Watermelon,” is extremely rare and given the large face value of this 1890-vintage note – $1,000, roughly equivalent to $29,000 today – it was scarcely seen outside of interbank commerce

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Coins with Intrinsic Value in High Demand

By Richard Giedroyc
Could prices for key date and ultra-high condition certified coins be ready for a dramatic increase? Dealers have been recently indicating there is a shortage of quality coins that aren’t what I would term “recycled stuff.” It can be argued that many of the better coins are in strong financial hands, however, it can also be argued demand is simply outstripping supply in much the same fashion as is being experienced in the bullion and bullion-impacted sectors of the coin market.
This is the type of problem we all may welcome, that is unless you have been putting off buying some special coin

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Community Voice Response: July 10, 2020

From the July 3, Numismatic News E-NewsLetter
Do you purchase coin lots when adding to your collection? Why or why not?
Here are some answers sent from our e-newsletter readers.
 
I have searched for and bought coin lots locally for many years. Putting ads in local papers and being able to buy coins and compete “collections” has helped me build the majority of my collection

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How Has the COVID-19 Pandemic Affected Collecting?

By Mark Benvenuto
There is no doubt that the COVID-19 pandemic of 2020 has changed everyday life in the United States, and indeed the world, in countless ways. How we collect probably qualifies as a pretty small change, but nevertheless, this pandemic will most likely color how we go about assembling collections of great coins, bank notes, and medals for years and possibly decades to come. We thought it might be a good idea to query some of the people most actively involved in our hobby to see what is different for them, to see what has become more of a challenge, and to see if there might actually be any upsides or strange pluses to an event that put most of the world on lock-down in 2020

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11 Quick Tips for the Liberty Seated Dollar Collector

By Brishen Foley 
Editor’s Note: The following article has been reprinted from the E-Gobrecht Newsletter, Vol. 16, Issue 7, with the express permission of the Liberty Seated Collectors Club.
Here are some tips I think would be helpful to people that are contemplating starting a Liberty Seated dollar (LSD) set

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PNG Reports Active U.S. Rare Coin Market Despite Pandemic

The market for high-quality, rare United States coins remained active during the first six months of 2020 despite pandemic-related closures of many retail locations and cancelation of dozens of coin shows and numismatic conventions around the country, according to the Professional Numismatists Guild in a July 6 press release.
“Even with economic uncertainty and the lack of face-to-face transactions and in-person floor bidding, major auction firms reported selling more than $167 million of U.S

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Osborne Mint Releases Opening Day 2020 Rounds

Osborne Mint, the country’s oldest private mint, has released a 1-troy ounce .999 fine silver, Opening Day 2020 singular design collectible round, the private firm announced in a June 30 press release.  This round commemorates the start of the 2020 baseball season with the inscription, “Let’s Play Ball!”
Located in Cincinnati, Ohio, Osborne Mint has previously celebrated baseball’s opening day from the Opening Day Parade to the first pitch

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Are Morgan Dollar Prices Going Up?

By Patrick Heller
In early 1989, there was the specter of possibly millions of dollars of “Wall Street-organized” rare coin investment funds entering the market to purchase large quantities of rare coins. Dealers and collectors scurried to “beat the rush” by creating a coin-buying frenzy. Prices rose significantly in anticipation of this “outside” money flowing into the numismatic market

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Are Morgan Dollar Prices Going Up?

By Patrick Heller
In early 1989, there was the specter of possibly millions of dollars of “Wall Street-organized” rare coin investment funds entering the market to purchase large quantities of rare coins. Dealers and collectors scurried to “beat the rush” by creating a coin-buying frenzy

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New 1795 Flowing Hair Half Dollar Variety Confirmed

A new die marriage for the 1795 Flowing Hair half dollar has been identified by Professional Coin Grading Service, the firm announced June 30. The coin was struck with a previously unknown obverse die and is now recognized as the new Overton 133 variety.
It is the first new major die variety to be discovered on a 1795 Flowing Hair half dollar in more than 90 years, according to PCGS

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New 1795 Flowing Hair Half Dollar Variety Confirmed

A new die marriage for the 1795 Flowing Hair half dollar has been identified by Professional Coin Grading Service, the firm announced June 30. The coin was struck with a previously unknown obverse die and is now recognized as the new Overton 133 variety

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Stack’s Bowers’ June 2020 Auction Nets Over $5 Million

The Stack’s Bowers Galleries June 2020 Auction continued the trend of high prices realized recently demonstrated in their March Santa Ana and May Hong Kong auctions. Over $5 million was realized in the June sale across United States coins, tokens, and medals, achieving 114 percent of the pre-sale estimate on sold lots. (All prices listed include the buyer’s fee

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Stack’s Bowers’ June 2020 Auction Nets Over $5 Million

The Stack’s Bowers Galleries June 2020 Auction continued the trend of high prices realized recently demonstrated in their March Santa Ana and May Hong Kong auctions. Over $5 million was realized in the June sale across United States coins, tokens, and medals, achieving 114 percent of the pre-sale estimate on sold lots

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2020 Native American $1 Coin Available to Alaska Financial Institutions

The 2020 Native American $1 coin features a design of Elizabeth Peratrovich, a member of the Tlingit nation, whose advocacy for Alaskan Natives and an impassioned speech in the Alaskan Senate was considered a deciding factor in the passage of the 1945 Anti-Discrimination Law in the Alaskan territorial legislature. 2020 is the 75th Anniversary of Elizabeth Peratrovich’s testimony.  On Jan

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2020 Native American $1 Coin Available to Alaska Financial Institutions

The 2020 Native American $1 coin features a design of Elizabeth Peratrovich, a member of the Tlingit nation, whose advocacy for Alaskan Natives and an impassioned speech in the Alaskan Senate was considered a deciding factor in the passage of the 1945 Anti-Discrimination Law in the Alaskan territorial legislature. 2020 is the 75th Anniversary of Elizabeth Peratrovich’s testimony

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Coin Lots Make Collecting Fun

By Daryl Conley 
I may be an atypical collector; I may even suffer a bit from ADD when it comes to collecting. Some collectors focus on a certain type or series of coin, or even certain metal content such as gold or silver. Some focus on completing an entire set, putting together a registry set, or completing a BU or MS type set

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Letters to the Editor: July 14, 2020

No Coin Shows for California
For the first time in many years, California does not have a single coin show in the listing section of Numismatic News. This happened in the June 23 edition. All shows this summer have been canceled amid dim prospects that public gatherings of over 10 people will be allowed by local governments

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CSNS Parts Ways with Chairman Foley

The Central States Numismatic Society’s board of governors has decided not to renew Convention Chairman Kevin Foley’s contract, which was set to expire June 30.
Foley served as convention general chairman for decades, guiding it to its semi-permanent home in Schaumburg, Ill., in 2012 and more recently incorporating elements of the Chicago Coin Fair and the PCDA National Coin and Currency Convention into the Central States convention

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Community Voice Response: July 14, 2020

From the June 19, Numismatic News E-NewsLetter
Do you think it’s a good idea for the ANA to relocate the 2020 World’s Fair of Money to another state?
Here are some answers sent from our e-newsletter readers.
 
Yes, they should move it if they can have a show this year.
Lee Quast
High Ridge, Mo

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New Holders House So-Called Dollars

Jeff Shevlin, a nationally recognized expert on So-Called Dollars, has available four different types of Lucite holders to store and display So-Called Dollars, which are historical U.S. medals that commemorate events in the United States history

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GreatCollections Offers Ultra-Rare 1882 $1,000 Gold Certificate

An ultra-rare 1882 $1,000 Gold Certificate, of which only a handful of examples are known, is currently being auctioned by GreatCollections, the auction firm announced in a June 5 press release. The large-size, high-denomination note, which features a half-length portrait of a youthful Alexander Hamilton, is being sold unreserved and bidding will end on Sunday, July 12 at www.greatcollections

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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

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Average Collector at Disadvantage

By Larry Steinfeld
I’m afraid that I am like all the rest of the people in this country who have to depend on large coin collectors to receive the coin I received today. All the big coin collectors have us small collectors at a disadvantage. We are unable to get these coins at our local banks

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Letters to the Editor: June 30, 2020

‘W’ Quarter Find Renews Collecting Passion
I would like to give my opinion on the “W” quarters program. I have been a collector for about 65 years, and in the last few years I have been keeping up on the hobby through Numismatic News but not making any new purchases.
I started looking for the “W” quarters and found one

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Indian Head Gold Leads Long Beach

It was a pair of rare Indian Head $10 gold coins that bidders pursued to top lot honors in Heritage Auctions’ Long Beach Expo U.S. Coins Auction, as the two high-grade examples led more than 1,400 lots offered June 4-7

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Basketball Coin Sales Begin

With sales of the Basketball Hall of Fame coins and products beginning June 4, new entries have been added at the top of this page’s chart.
The first of the Mint’s 2020 commemorative releases, the coins honor the 60th anniversary of the Naismith Memorial Basketball Hall of Fame. Surcharges from sales of the coins benefit operations and education programs at the Hall of Fame

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Community Voice Response: June 30, 2020

From the June 4 Numismatic News e-Newsletter
What type of content would you like to see in Numismatic News that isn’t currently included?
Here are some answers sent from our e-newsletter readers.
 
I would like to see a regular feature about building a typeset on a budget.   Maybe regularly pick a coin and see what can be purchased for $200-$300

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Coronavirus Creates Influx of Collectors, Investors

By Richard Giedroyc
The surprising and rapid recovery of equity markets in a “V” rather than a “U” shape curve has impacted the spot price of precious metals inversely. This, in turn, has been impacting the value of bullion and bullion-impacted coins. Consider that the bad news

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What Can You Learn While Being A Numismatist?

By Patrick A. Heller
In my decades of working as a coin dealer, I have written a lot of sales copy. In the process of describing various items, I have had to dig into the history of the pieces or about the history behind what was selected for the artwork

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Kookaburra Celebrates 30 Years

By Tom Michael 
Perth Mint continues their celebration of the 30th Anniversary of the Australian Kookaburra with the release on June 2 of a 2-ounce silver proof gilded high relief 2 dollar coin. The high relief with selective gilding is a first for the Perth Mint. They used 24-carat gold on the high relief Kookaburra of the reverse design created by well-known graphic designer Jennifer McKenna

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Fundamentals For Gold Still Strong

Michael Fuljenz, president of Universal Coin & Bullion. (Photo courtesy Universal Coin & Bullion.)
The fundamentals for gold continue strong as it reaches new highs worldwide and near an eight-year high in the United States, and that is helping to boost increased demand for some rare gold coins, according to award-winning writer Michael Fuljenz, president of Universal Coin & Bullion

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Counterfeit Battles Continued in May

One of the 10 fake silver American Eagles sold to an unsuspecting victim who responded to an unsolicited advertisement on Facebook. (Image courtesy of fraud victim.)
A fraudulent advertisement for bullion coins on Facebook, fake encapsulation holders, and requests for expert help from federal agencies kept the non-profit Anti-Counterfeiting Educational Foundation busy during May 2020

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Letters to the Editor: June 23, 2020

‘Coin Finds’ Inspiration
I just finished reading my latest Numismatic News (April 28 issue), and I very much enjoyed the new article “Coin Finds.” Since 1999, I’ve been searching coin rolls, pennies, nickels, dimes, quarters, and half dollars (mostly pennies and half dollars). I would like to talk about pennies

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‘Frothy Bull Market’ for Coins

By Richard Giedroyc 
The market for coins is doing well despite the coronavirus shutdowns that have decimated so many businesses. Brick-and-mortar coin shops without any internet presence of consequence have felt the impact; however, those with a strong internet following have continued to prosper.
As a nation, we are beginning to re-open our stores to the public

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Proof Sets See Collector Demand

Since our last Mint Statistics report, the Mint’s America the Beautiful products honoring the Weir Farm National Historic Site have been tallied.
You will see a Weir Farm entry included in the America the Beautiful 5-Ounce Coins chart on this page and in the Bags and Rolls section where sales totals are recorded for 100-coin bags, two-roll set for Philadelphia and Denver, San Francisco rolls, and the P, D, S rolls set.
Proof Sets are the name of the sales game this week

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Community Voice Response: June 23, 2020

From the May 29, 2020, Numismatic News E-NewsLetter
How big of a role do auction results play in your collecting approach?
Here are some answers sent in from our E-Newsletter readers.
 
Auction results play some part in my collecting decisions; if I had to place this on a percentage basis, I’d say that auctions represent at least 20 percent, taking into consideration other factors that may/may not impact collecting decisions.
Ron Tartarella
Plano, Texas
 
None at all

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Heritage Auctions Relocates World Headquarters

Heritage Auctions has moved its global headquarters into a new state-of-the-art, 160,000-square-foot facility and multi-purpose campus.
As of June 1, Heritage’s global headquarters is now located at 2801 W. Airport Freeway, Dallas, Texas 75261, which is adjacent to Dallas Fort Worth International Airport and in its foreign trade zone

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RCNA 2020 Convention Canceled

It’s a challenging time for coin shows and conventions everywhere because of the coronavirus. On May 21, our editorial offices received an official statement regarding the cancelation of the Royal Canadian Numismatic Association’s 2020 Convention that was set for July 20.
In their statement, the RCNA says, “Our thoughts are with each of you in our collector society, your families, your clubs and their members, and your broader communities

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Stack’s Bowers Acquires Carter Numismatics

Stack’s Bowers Galleries (SBG) has acquired Carter Numismatics Incorporated (CNI), the auction firm announced May 26. With the acquisition comes the addition of Jason Carter to Stack’s Bowers’ team of numismatic professionals. Carter joins SBG as executive vice president, and he, John Morgan and the CNI team will continue to operate out of the new SBG offices in Tulsa, Okla

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ANA Launches eLearning Academy

During what would have been the American Numismatic Association’s (ANA) annual Summer Seminar event – June 29-July 10, the Association will instead offer free virtual courses through its new ANA eLearning Academy, the company announced in a June 1 press release.
Eleven courses that would have been offered during the week-long Summer Seminar will be offered in a condensed one- to two-hour online format. Courses are open to both ANA members and non-members; there is no charge to participate but preregistration is required

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PCGS Announces 2020 Coin Quest Winners

The Professional Coin Grading Service Coin Quest 2020 has come to an end with the recognition of two winners, the company announced in a May 30 press release. The quest, which kicked off early in the year, challenged collectors to find circulating examples of 2020 Philadelphia and Denver cents, nickels, and dimes and to be among the first to submit them to PCGS for a coveted PCGS Early Find label. Collectors were then tasked with completing the six-coin set in the PCGS Set Registry for a chance to win up to $2,500

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Coin Finds: Buried Treasure in 1974

When I went through my change I found a 1944 Lincoln wheat penny from the San Francisco Mint and a 1944 Lincoln wheat penny from the Denver mint. I wonder if they are of any value since I believe they were supposedly taken out of circulation for the war efforts.
Roy Reignier
Riverton, Wyo

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Problems with China and India Gold Statistics

By Patrick Heller
In last week’s column, I detailed various ways that official and unofficial reports of precious metals data (supply, demand, inventories, trading volume, etc.) are either kept secret, is misreported or is skewed so as to be misleading. This column was so popular that it was more widely linked at other websites than most of my articles

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Community Voice Response: May 22, 2020

From the May 22, 2020, Numismatic News E-NewsLetter
With the cancellation of coin shows, has your online buying and selling activity increased? Why or why not?
Here are some answers sent in from our E-Newsletter readers.
 
Yes, my online buying has increased substantially, especially since March of this year. I typically buy American Silver Eagles each month, but they have become very scarce and at such a high premium, that I have moved onto other sources (online)

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Summer FUN Show Canceled

FUN has canceled it’s 2020 summer show.
The following statement, regarding the cancelation of the 2020 Summer FUN Show, was issued by the Florida United Numismatists (FUN) May 26:
It is with great disappointment that the FUN board of directors is announcing Summer FUN 2020 is cancelled. The FUN board has worked hard to make this show a reality, desperately wanting to provide a venue for our dealers to get back to what they love and have our numismatic community be able to convene again

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ANA World’s Fair of Money Presently Undeterred by Pandemic

While the country begins to re-open for business and stay-at-home restrictions are lifted, the American Numismatic Association (ANA) continues to plan for the World’s Fair of Money. The premier convention features all things related to coin collecting. This year, the ANA is returning to Pittsburgh, Penn

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Viewpoint: Nugget News Story Should Be Relevant to Coin Collectors

By Dominic Cicio
I just read your article about NGC encapsulating Gold Rush nuggets in the May 5 issue of Numismatic News. Sunken treasure generally makes a good story, and authentic Gold Rush nuggets certainly bring the Old West to mind. Now, we know the nuggets were on the way to New York City, I can only guess that because NGC encapsulated the nuggets, it makes them a collectible?
If you told us that the nuggets were going to be melted down into planchets and then off to the Philadelphia Mint to make $20 Liberty Heads, it would tie into numismatics

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Community Voice Response: June 9, 2020

From the May 15, 2020, Numismatic News E-NewsLetter
What are you doing to help encourage the next generation to take up coin collecting?
Here are some answers sent in from our E-Newsletter readers.
 
I am offering thousands of coins on the internet, scientifically described and not slabbed, to let new collectors get the emotional feeling which can’t be experienced in a plastic environment.
Dr

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Scarce to Rare Coins Show No Signs of Slowing

By Richard Giedroyc 
Anyone asking how the rare coin market is performing need not look any further than the 1933 $10 eagle graded Mint State 65 by Numismatic Guaranty Corporation that sold for $360,000 in a late April auction in Dallas. Take notice of the bids, of which there were 45 before the gavel fell!
The scarce to rare sector of the coin market is firing on all cylinders, with no let-up in sight. Collectible yet generally more available coins continue to sell at a fever pitch

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What Is Really Happening In Precious Metals Markets?

By Patrick Heller
In 2020, there has been another modest surge of interest of Americans wanting to own some physical precious metals, especially gold and silver. People are becoming more aware that governments’ inflation of the money supplies is almost certain to reduce the purchasing power of their fiat (paper) currencies.
There is any number of “experts” or “analysts” of precious metals who issue updates explaining what has happened in the markets and projecting what may happen

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Regency Auction 38 Brings Strong Results Despite Relocation

Legend Rare Coins’ Regency Auction 38, set to take place at Harrah’s in New Orleans as part of the PCGS Members Only Show, was forced to become a webcast event held at Legend’s central New Jersey offices due to the ongoing coronavirus global pandemic of 2020.
Despite this change, results in prices were strong, showing continued resilience in the coin market. From the start of the sale, which began with the Blue Hill Collection of New Orleans Silver Dollars and Double Eagles, activity was strong

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Stack’s Bowers May 2020 Hong Kong Auction

By Tracy Schmidt
Stack’s Bowers’ May 2020 Hong Kong Auction included bank notes in Session B held on May 4 and Session E held on May 7. There were four notes that I especially want to share with you from Session B; Lot 50027, and Lot 50204 were notes from China, Lot 50319 from Canada and Lot 50324 from French Indo-China.
The first I enjoyed watching was Lot 50027, a Pick A81a, Ta-Ching 10 Dollar ND (1910) note

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Coin Clinic: The ‘Big Three’ Certification Services

What sets the so-called “Big Three” certification services apart from the other similar services?
Each of the companies that are well-accepted as being standards of the business of coins has made their grading standards public. Each of these services is also well-funded and can afford to advertise aggressively. Some of the lesser services offer satisfactory work, however, there are also some services that ignore problems including cleaning and environmental damage to coins

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June Long Beach Expo Canceled, Heritage Relocates Auction

The Long Beach Expo on the West Coast has canceled its June 2020 expo due to the ongoing COVID-19 health pandemic and in compliance with Governor Gavin Newsom’s March 12, 2020, Executive Order to cancel all large gatherings, according to a May 13 press release. The Long Beach Expo plans to return to the Long Beach Convention Center, Sep. 17-19, 2020

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Letters to the Editor: June 2, 2020

What Type Set is This?
I used to collect Standing Liberty quarters in Fine condition. Several of them had evidence of clash marks like a star in the field. Error coins are caused by mishaps during the production cycle and are one of a kind

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Community Voice Response: June 2, 2020

From the May 8, 2020, Numismatic News E-NewsLetter
Are you exploring a new collecting avenue during COVID or focusing on your current collection?
Here are some answers sent in from our E-Newsletter readers.
 
Staying with my existing collection, organizing, documenting coins, and at the same time taking a break.
Name and Address Withheld
 
I am exploring a new avenue

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Why You Should Be a Collector

By Patrick Heller
With so many people today facing sudden financial hardships and possible time constraints, it may make sense to consider whether to pursue a pre-existing or new hobby.
This could apply to every hobby, not just numismatics.
Hobbies can involve a financial cost for references, memberships, supplies, and objects

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NGC Attributes Tomaska Die Varieties for Franklin and Kennedy Half Dollars

A 1960 Franklin half dollar graded PR-67 in the new NGC holder attributing Tomaska die varieties. (Image courtesy NGC)
Numismatic Guaranty Corporation (NGC) is now attributing proof Franklin half dollars and proof Kennedy half dollars according to the die varieties cataloged by Rick Tomaska in Cameo and Brilliant Proof Coinage of the 1950 to 1970 Era, the firm announced May 12. Submitters can request the attribution for applicable coins through NGC’s VarietyPlus service

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Star Varieties for 1798/97 Gold Eagle

A 1798/97 gold eagle graded MS-62+ by Professional Coin Grading Service. (Images courtesy PCGS)
It should come as no surprise that the first gold eagles of the United States are very tough coins. After all, back in the 1790s, a $10 gold coin was a lot of money for almost everyone

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SARC Online Auction 7 Offers Worldwide Variety

By Thomas Michael
The crew at Stephen Album Rare Coins wrapped up their seventh online auction on May 4. I’ve been following SARC’s move into the online auction area since their second sale and have greatly enjoyed the diversity of their offerings and simplicity of their online bidding system. With the cancellation of almost every coin show in the world through the spring of 2020 due to our planetary pandemic, online auctions have provided a great outlet for hobbyists still looking to collect coins in their various areas of interest

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Viewpoint: Hobby Loses Great ‘Unknown’ Numismatist

By Scott Mitchell
There is an old Carole King song that alludes to our lives being a “tapestry,” so to speak. I forget the lyrics of the song, and whether or not they would even apply to what I hope to convey in this piece: however, the symbolism has remained with me. Throughout our lives, there are those with which we intersect; some for a day, some for a season, and some for most of our lifetime

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The Royal Mint Shifts Production Towards Masks

Medical visor supplies have been bolstered through the outstanding efforts of The Royal Mint. Designed by their engineers and manufactured at their coin production facility. (Image courtesy of the British Royal Mint)
By Tom Michael 
The 2020 pandemic has required many people and businesses around the world to rethink their daily activities

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Mint Rebounds with Basketball HOF Coins, Kennedys

It’s been a challenging couple of months for business everywhere, including the Mint, but it seems it is now making a comeback with new products scheduled for June and the Basketball Hall of Fame coins finally making their debut.
On June 4, the Mint is releasing 2020 Kennedy half dollar rolls and bags. (All images courtesy U

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Coin Market Healthiest It’s Been in Years

By Richard Giedroyc
Gold continues to trade in a reasonably tight range while silver continues to dramatically underperform gold. You might not see this if you follow the demand for silver American Eagle and bullion-impacted silver coins. Demand continues to outstrip supply for both gold and silver composition coins, both older issues and those being generated by the U

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Industry Insider: COVID Business Landscape

By Tom Michael
Sometime in April I received a mistaken call from an old colleague at Educational Coin Company. She had dialed my number by accident and left no message, but when I called back to check what was up, we ended up having a nice conversation. I was pleased to learn that the company’s wholesale business was doing well and that the staff was all in good health

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Central States Auctions Total More Than $33.6 Million

More than $33.6 million in rare coins and currency changed hands during the Central States auctions, which were moved from Chicago to Heritage Auctions’ headquarters in Dallas, Texas, April 23-26 due to the cancellation of the Central States Numismatic Society (CSNS) Convention.
“Considering the worldwide coronavirus crisis, participation was stellar, with more than 6,800 people participating in the auction online,” said Jim Halperin, co-founder of Heritage Auctions

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Heritage Offers Gold Rarities at Long Beach

It’s nearly June, which means that Heritage is preparing for its Long Beach auction, June 4-8. This year, Heritage will be offering two rare early gold coins that are expected to be highlights of the auction.
The first is an 1808 quarter eagle, which has a minuscule mintage of only 2,710 coins

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New Hobby Podcast Available

By Clifford Mishler
Illustrated on the cover page of the Utah Numismatic Society’s monthly “The Mint Master” newsletter for March 2020 is an interesting and fascinating scrip issue of the Iosepa Agricultural and Stock Company. The note dates from Aug. 1, 1901, being just one of two examples believed to exist, and was issued in a Church of Jesus Christ of Latter Day Saints desert colony in Utah’s Skull Valley, populated by settlers of Hawaiian descent, located in Tooele County about 75 miles southwest of Salt Lake City

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People’s Bank of China Holds Design Contest

The XXIV Olympic Winter Games will take place in Beijing and Zhangjiakou Feb. 4-20, 2022. This is the first time China is hosting the Winter Olympic Games, and Beijing will become the first city to host both the Summer and Winter Olympic Games

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Item of the Week: The 1938 Washington Quarter

This 1938 Washington quarter is graded PR-64 by NGC. (Images courtesy Heritage Auctions)
A better date when it comes to a Philadelphia Washington quarter can be a relative matter. The 1938 Washington quarter is certainly better than the 1964 but with a total mintage of 564,341,347, it is probably easy to make the case that almost any quarter produced is better than the 1964

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Viewpoint: YN Perspective Key to Hobby Future

By Radek Molchan
I am a Young Numismatist, and I come from a family that has no knowledge or interest in numismatics. I have been a page for many coins shows and I exhibit as much as possible. I enjoy the competition of the exhibits, and I enjoy being a page for the simple fact that if you work hard, you can make a little money and get some coins to add to your collection

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Letters to the Editor: May 12, 2020

Profitable Collecting Takes Patience
The April 14 edition of Numismatic News was excellent! Working from home has not affected your ability to put out a great product.
The “Viewpoint” by CPA Ron Thompson was insightful. With most of the piece easy to agree with, a few ideas may be viewed differently

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Community Voice Response: May 12, 2020

From the April 17, 2020, Numismatic News E-NewsLetter
How do you think the landscape of the hobby will look once the pandemic is over and the market settles down?
Here are some answers sent in from our E-Newsletter readers.
 
Primary sales will be online and auctions. Face-to-face purchases will be reduced considerably

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Bullion-Related Coins Remain a Hot Market

By Richard Giedroyc
The market for coins is healthy, even frothy. It doesn’t matter if you are into buying bullion and bullion-impacted coins, collectible but generally available coins, or “desirable” coins. I am using the term desirable rather than scarce to rare due to the keen interest in any coin someone deems to be desirable that is now increasingly widespread

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Why a U.S. Dollar and Not a U.S. Pound?

By Patrick Heller
Most of the first colonists in what is now the United States came from England.  They adopted many English customs and laws which have continued to the present day. But, have you ever wondered why the American money system is based on the decimal system of dollars and cents rather than the on the British pounds, shillings, and pence?
The dollar is derived from the term thaler

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Glenna Goodacre Remembered

Coin collectors know Goodacre best as the designer of the obverse of the Sacagawea dollar.
By Dennis Tucker 
New Mexico artist Glenna Goodacre – well-known to coin collectors as the designer of the Sacagawea dollar – has died of natural causes at the age of 80. She passed away at her home in Santa Fe the evening of Monday, April 13

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United States Mint Announces Winning Design for Women’s Suffrage Centennial Coin

The United States Mint officially announced the design for the 2020 Women’s Suffrage Centennial silver dollar, celebrating the milestone 100th anniversary of the ratification of the 19th Amendment, according to the firm in an official announcement April 21.
“This coin pays homage to the 19th Amendment’s adoption, and also honors the many pioneers, activists, and foot soldiers in the movement who fought bravely and tenaciously for decades to make the amendment a reality,” said United States Mint Director David J. Ryder

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United States Mint to Resume West Point Operations

Editor’s Note: The following is a reprint of an email message sent to industry press Wednesday, April 20.
The United States Mint (Mint) will resume limited production Tuesday morning, April 21, at the Mint facility at West Point. During the temporary suspension of operations at the West Point Mint, in consultation with local public health officials, a thorough cleaning of the facility was conducted in accordance with the Centers for Disease Control and Prevention (CDC) guidelines

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Item of the Week: The 1833 Half Cent

An 1833 Classic Head half cent graded PR-64 Brown by PCGS. (Images courtesy Heritage Auctions)
Good values can be found in some surprising places. The 1833 half cent might well qualify as a surprising place as it is not a half cent that gets much attention, but when you consider the factors surrounding it as a good coin for the money it can start to look better and better

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Coin Clinic: What Happened to the Dalles Mint?

Why was a branch mint proposed for Oregon when a mint was already in operation in San Francisco?
A Pacific Northwest mint was perceived as being necessary following the discovery of gold in Idaho in 1860. Due to the distance between The Dalles and San Francisco, gold dust was being used as currency in Oregon rather than wait for coins to be struck more than 600 miles away and shipped to Oregon.
 
Why wasn’t the Dalles Mint ever put into operation?
There were continuing construction delays

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Letters to the Editor: May 5, 2020

Hunt Continues Despite Series ‘Roadblocks’
I have always wanted to assemble a complete collection of one or more coin denominations, but it seems there are at least one or two roadblocks in each coin series. For example, the 1916-D Liberty dime, the 1916 Standing Liberty quarter, or the 1909-S VDB Lincoln cent, just to name a few. Going back into the 19th century gets even worse, with more and more “key dates” needed to complete a collection

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Seattle Collection Leads Strong Sale

With the uncertainty and chaos that the current COVID-19 global pandemic is bringing to the markets and people’s everyday lives, numismatics seems to be providing a safe haven and comfort to collectors all over.
Legend Rare Coin Auctions’ 37th Regency Auction, which closed on March 26, was scheduled to take place at Le Meridien in Philadelphia. Two weeks prior to the sale, with various orders from different entities, federal, state and local, Legend made the decision to hold the auction in the firm’s New Jersey offices, as a live, webcast-only auction, with no floor bidders

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Community Voice Response: May 5, 2020

From the April 10, 2020, Numismatic News E-NewsLetter
Do you think the “W” quarters with privy marks are a good way for the Mint to mark the 75th anniversary of the end of World War II? Why or why not?
Here are some answers sent in from our E-Newsletter readers.
 
It is a great idea as long as this is not to make it easier for the Mint-contracted coin dealers to more readily identify the 2020-W quarters because they let some slip through to consumers and collectors in 2019.
Metro East Coin & Currency Club
via Facebook
 
It seems that such a world-changing event should have at least earned the entire reverse of a coin, not just a privy mark

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Coin Business Resilient in the Face of Coronavirus

By Richard Giedroyc 
The business of coins is proving to be surprisingly resilient in comparison to much of the non-essential business market during this period of the coronavirus pandemic. Despite that observation, there are still two sides to the coin story.
Collectors and investors looking to buy gold and silver coins as a hedge against the recent declines in the stock market are finding premiums for bullion impacted coins to be much higher than might be expected under normal circumstances

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Federal Reserve Websites Document Inflation Of The Money Supply

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

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United States Mint Temporarily Shuts Down West Point Facility

Editor’s Note: The following is a reprint of an email message sent to industry press Wednesday, April 15. 
Due to the increasing number of COVID-19 cases in Orange County, New York, and out of an abundance of caution, the United States Mint has temporarily suspended production at the Mint facility at West Point. This action is being taken to further reduce the risk of Mint employee exposure to COVID-19

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Stack’s Offers World War I Medals in Exonumia Sale

Stack’s Bowers Galleries is presenting a special April Collectors Choice Online (CCO) auction of over 160 lots of exonumia. These pieces represent three different topics: the works of Jacques Wiener mostly comprising his famous, intricately engraved architectural series; World War I medals from a variety of issuers on each side of the great conflict, and the massive opera of Karl Goetz, ranging from historical to satirical themes.
Starting off this sale are numerous offerings from the brothers Wiener, led mostly by Jacques

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Item of the Week: 1949 Franklin Half Dollar

A 1949-S Franklin half dollar graded PCGS MS-67 with full bell lines. (Images courtesy Heritage Auctions)
Franklin half dollars seem to have found an audience based on record prices and dealers running prices for coins they want to buy. An impressive list once came from the Littleton Coin Company in Littleton, N

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ANA Cancels 2020 Summer Seminars

The 2020 Summer Seminar, scheduled for June 27-July 9 in Colorado Springs, Colo., has been canceled due to coronavirus (COVID-19) safety concerns, the American Numismatic Association (ANA) announced in an April 4 statement.
“While it seemed inevitable with each passing week, we were officially notified by Colorado College today that they are suspending all summer programs and camps in order to ‘restrict participants who have traveled to or from affected areas’ associated with the coronavirus pandemic,” says ANA Executive Director Kim Kiick

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Letters to the Editor: April 28, 2020

Scout Coin Collecting Program a Great Success
Scouts from Troop 18 in Knoxville, Tenn., recently attended a Knoxville Coin & Currency Show to work on the BSA Coin Collecting Merit Badge. Attending the coin show completed one of their requirements and also enabled the scouts to complete their collections requirements if they were missing any coins while assembling at home

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Dates Not Set on Mint’s Product Schedule

At the time of this writing, the United States Mint does not have dates set for the remainder of its 2020 releases.
The last on-sale date listed on the Mint’s online product schedule is April 17 for the 2020 silver proof set. The next three products set for release are the Air Force silver medal, the American Eagle one-ounce 2020 gold uncirculated coin, and the American Eagle one-ounce 2020 palladium uncirculated coin

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Community Voice Response: April 28, 2020

From the April 3, 2020, Numismatic News E-NewsLetter
How have your coin/bullion buying and selling habits changed in light of the coronavirus bearing down on the United States?
Here are some answers sent in from our E-Newsletter readers.
 
I have been trying to buy when I can in different amounts and types so I can just keep adding to my bullion totals. Nothing too aggressive just basic silver 1-ounce rounds, 90 percent silver and maybe the occasional 1/10-ounce gold Eagle

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Really Look at Your Coins’ Details

By Patrick A. Heller
When did you take the time to really look at a coin? I’m not talking about an inspection to ascertain the state of preservation (grade). Instead, when did you actually examine all of the features about any coin?
I have taught a summer coin collecting class the past several years as part of a 4-H Exploration Days program

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Money Talks Speakers Wanted for Pittsburgh World’s Fair of Money

American Numismatic Association (ANA) members are encouraged to share their ideas and research with fellow hobbyists by delivering a Money Talks presentation at the 2020 World’s Fair of Money® in Pittsburgh, Aug. 4-8 at the David L. Lawrence Convention Center

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Digital Age Endangers British Cash

The number of financial transactions involving coins and bank notes is on the decline in the United Kingdom but questions are being raised regarding if the government should take steps to ensure individuals needing to transact in cash will still be able to do so in the near future.
About 13 percent of what Britain calls free-to-use cash points have closed within the past year. Free-to-use cash points are various forms of Automated Cash Machines or ATMs

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Bush, Innovation Designs Considered

The Citizens Coinage Advisory Committee (CCAC) met March 10-11 to consider designs for the 2020 Barbara Bush gold coin and bronze medal and for the four 2021 American Innovation dollar coins scheduled to be released in 2021.
The committee met via teleconference instead of in-person as a precaution in light of the coronavirus.
The Citizens Coinage Advisory Committee’s recommendation for the obverse design of the 2020 Barbara Bush gold coin and bronze medal

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Did The London/New York Markets Default On Gold Deliveries?

By Patrick A. Heller 
On Tuesday, March 24, two different bullion wholesalers told us that the London Bullion Market Association, the world’s largest gold market, was not delivering any gold to settle maturing contracts that had been called for delivery of the physical metal.
While this cessation of delivery was accurate, there were multiple possible explanations as to what occurred, each of which avoided terming the non-delivery of gold as a “default” by the exchange

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NGC Update About Shipping Address Changes

The following is a reprint from a press release by Numismatic Guaranty Corporation.
Numismatic Guaranty Corporation® (NGC®), Paper Money Guaranty® (PMG®) and Certified Guaranty Company® (CGC®) strive to provide the best possible services to all submitters at all times. During the current challenges brought by coronavirus (COVID-19), we are trying to be particularly accommodating of our collecting community

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1804: Standout Era Dime

1804 dime with 13 stars on reverse. (Images courtesy Heritage Auctions)
Being a tough early dime of the United States is not an easy thing to do as virtually any early dime of the United States is tough and expensive. That said, the 1804 stands out as one of the better dates

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‘So-Called Dollars’ Book Details Expositions

Available from authors Jeff Shevlin and Bill Hyder is the book, So-Called Dollars from the Pacific Coast Expositions.
The work was named 2019 Best Specialized Book of the Year by the Numismatic Literary Guild.
So-Called Dollars are medals struck to commemorate events in United States history

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Coin Clinic: How Does Restoration Improve Coins?

What can a professional coin restoration service do to improve my coins that I can’t do by cleaning them myself?
Restoration services don’t “clean” coins; they restore them. Such services can remove artificially and deliberately applied contaminants, these contaminants having been caused by improper care or storage. This includes such contaminants as polyvinyl chloride, spots, and fingerprints

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New Edition of ‘Red Book’ Released

The 74th edition of the annual Guide Book of United States Coins, popularly known as the “Red Book,” is set to debut from Whitman Publishing April 7. The new volume includes updated pricing and auction data reflecting the current market for collectible U.S

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Letters to the Editor: April 14, 2020

1982 Small ‘D’ Cent
I’m pretty sure I found a 1982-D small-print penny. How do I go about finding its worth and selling it?
Mondo Sosa
Address Withheld

 
In Response to Mueller Error Coin
In regards to Christian Mueller’s error coin in the March 17 Letters section, I have been an error/die variety collector for three decades. I am also a  member of CONECA

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Pogue Collections Sells $15.3 Million

Against a backdrop of economic uncertainty and negative indicators, rare coins continued to shine at the Stack’s Bowers Galleries March 2020 Auction in California. Nearly three years after Part V of the D. Brent Pogue Collection hit the market, the most valuable coin collection ever sold cemented its grip on the record books with more than $15 million in additional sales

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Community Voice Response: April 14, 2020

From the March 20, 2020, Numismatic News E-NewsLetter
How are you occupying your time during social distancing?
Here are some answers sent in from our E-Newsletter readers.
 
I am refreshing myself by grading my coin collection. This entails some 10,000 pieces-plus in my uncertified collection

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Coronavirus Cripples the Business of Coins

By Richard Giedroyc
The economic downturn due to the spread of coronavirus has crippled the business of coins as it has with most other businesses. Coin shows have been canceled worldwide. Public auctions have been moved, postponed or put on hold

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Counterfeit Precious Metals Websites Erupt With Volatility of Market

The March 24, 2020 consumer/investor advisory statement below is from Doug Davis, Director of the Anti-Counterfeiting Task Force of the non-profit Anti-Counterfeiting Educational Foundation. Mr.Davis is a former Texas police chief

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PNG Now Accepting 2020 Awards Nominations

The Professional Numismatists Guild is now accepting nominations for its 2020 awards, according to PNG Executive Director Robert Brueggeman.
“Each year the PNG publicly recognizes outstanding achievements in the hobby and the profession by honoring deserving recipients with awards in a half-dozen categories. We cordially welcome and strongly encourage nominations from all collectors and dealers,” said Brueggeman

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Tree of Life Coin First in New Series

NumisCollect, on behalf of the government of Palau, has started the new series “Dot Art.” This new series includes designs composed out of dot art and pointillism, an art technique made popular by 1800s painter, George Seurat.

The first coin of this series is the Tree of Life

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Weir Farm Coin Launch and Forum Canceled

According to the Mint in an official statement, The United States Mint, in consultation with the National Park Service, has canceled the Weir Farm National Historic Site 2020 America the Beautiful Quarters® Launch and Coin Forum events that were scheduled for April 6 & 7, 2020.
This preventive action is being taken in the interest of the health and well-being of employees, visitors, volunteers, and partners.
We remain hopeful that once the public health crisis has passed and restrictions on large gatherings have been lifted, the Mint and National Park Service will be able to coordinate with stakeholders in Connecticut in identifying a suitable date later this year to hold a coin forum and launch event

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Central States 2020 Convention Canceled, Auction Moved

The Central States Numismatic Society has canceled its 2020 Convention April 22-25 due to the coronavirus outbreak.
“Our focus is the safety and health of our booth holders, exhibitors, collectors, and the general public.  Therefore, in accordance with recommendations from health officials to cease activities where people gather together in large and close groups, we are canceling our convention,” CSNS President Mitch Ernst said

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Precious Metals Spot Prices Down, Physical Market Premiums Up Strong

For those of us who have seen volatile markets multiple times over the decades, it is entirely understandable that when the spot prices in the “paper” commodity markets suddenly plummet, the premiums for actual physical gold and silver coins and ingots can soar.
To give one example: At the COMEX close on March 11, 2020, with the spot price of silver at $16.78, the company where I work was selling $1,000 face value bags of U

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Community Voice Response: Fri, March 13 eNewsletter

From the March 13, 2020, Numismatic News E-NewsLetter
How have the economic and travel impacts of the coronavirus affected your current collecting approach?
Here are some answers sent in from our E-Newsletter readers.
 
I will miss connecting with my fellow collectors. In the age of cocooning, the bourse is dynamic

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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

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Viewpoint: Reply to ANA Hindsight and Vision

By Ron Brown 
 
Mr. Ellsworth,
Your recent exposition on taking the ANA members out of the selection process for electing the President and Vice President of the ANA and abdicating it to some inside selection process is most offensive. Your rationale is insulting and injudicious

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Jewish-American Hall of Fame Book Published

Jewish-American Hall of Fame medals issued from 1969 to 2019 have found homes in collections and museums around the world – becoming the longest continuing series of non-government art medals currently being issued in the world. Now, for the first time, biographies of more than 50 Jewish-American Hall of Fame inductees have been published, along with their portrait medals created by leading medalists, many of whom have won the Numismatic Art Award for Excellence in Medallic Sculpture (presented by the American Numismatic Association) and the American Numismatic Society’s J. Sanford Saltus Award for Outstanding Achievement in the Art of the Medal

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Collector Receives $10,000 Credit from Heritage Auctions

Heritage Auctions client Steven Wilson was awarded a $10,000 auction credit March 11 through a drawing among collectors who participated in the firm’s annual numismatic survey.
Wilson’s interest in collecting was born out of a childhood curiosity about the hobby shared by his father and uncle.
“My father had a retail business, and so did my uncle, about 50 years ago,” Wilson said

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Community Voice Response: March 31, 2020

From the March 6, 2020, Numismatic News E-NewsLetter
What coin or coin series do you consider to be the most underrated?
Here are some answers sent in from our E-Newsletter readers.
 
Franklin half dollars.
Peter Gehrke
Address withheld
 
The large cent

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Whitman Baltimore Spring Expo Canceled, Stack’s Official Auction Relocated

With the cancellation of the Spring Whitman Baltimore Expo, Stack’s Bowers Galleries’ March 2020 Baltimore Auctions have been relocated from the Baltimore Convention Center to a facility near their California home office. The auction schedule published in the catalogs and on the SBG website will be the same, with only the physical location of the event changing.
“We have been closely monitoring the impact of the Covid-19 virus and the resulting cancellation of the Whitman Coin & Collectibles Expo

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Currencies and Stocks Plummet in Value Against an Ounce of Gold

By Patrick Heller 
The main reason why I advocate that people should own some bullion-priced physical gold and silver coins and ingots as part of their investment portfolio or net worth is to serve as a form of “wealth insurance” against declines in the value of paper assets such as stocks, bonds, and paper currencies.
The financial turbulence of the past few weeks shows perfectly why I make such a recommendation. In an analysis I did of the changes in paper asset values against an ounce of gold for the four weeks ended March 10, 2020, every single paper currency and stock index I track had declined against gold

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Update from the United States Mint

The following message was sent to the Mint’s Authorized Purchasers today:
This is to inform you that we have temporarily sold out of American Eagle silver eagle bullions. Our rate of sale in just the first part of March exceeds 300% of what was sold last month.
West Point is working diligently to produce additional inventory and once additional inventory is produced, we will again begin allocations

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Coronavirus Concerns Force Rescheduling and Cancellation of Coin Shows

Worldwide concern over the spread of the coronavirus COVID-19 is leading organizers to reschedule or cancel coin shows in Asia and Europe. The first rescheduling notice we have received came from Singapore.
The Singapore International Coin Fair organizing committee announced the rescheduling of SICF 2020 to Aug

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1-, 2- Cent Euros May Be Dead

By Richard Giedroyc
The European Union is considering phasing out its smallest of small change coins, the 1- and 2-cent euro denominations. 
A recent work program for 2020 presented to the European Commission uses a 2018 study indicating there is no EU currency union member country in which a majority of the citizens favor keeping the two denominations.
The presentation, for that reason, proposes “uniform rules for rounding prices” through which it would become easy for any participating country to cease using the coins entirely

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The Royal Canadian Mint Launches its Largest-Ever Gold Maple Leaf Coin

On March 2, The Royal Canadian Mint announced that they had produced the largest Gold Maple Leaf coin ever made, struck in detail and high relief at the Mint’s Ottawa facility.
Made from 99.999 percent pure gold, the 10-kg product offers collectors a unique luxury experience

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NGC Gives Nod to Donna Weaver with Signature Label

A slabbed 2020 First “W” Mintmarked Jefferson nickel in NGC’s Donna Weaver Signature Label. (Image courtesy NGC.)
Donna Weaver, sculptor of the Return to Monticello nickel obverse (used 2016 to present) and designer of the 2020 Basketball Hall of Fame commemorative coin common reverse, is signing certification labels exclusively for Numismatic Guaranty Corporation (NGC), the firm announced Feb

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Smartminting Reloaded Brings Coins a Whole New Relief

By Thomas Michael 
During the World Money Fair 2020, CIT Coin Invest AG announced a new and extremely significant enhancement in its Smartminting technology. Termed Smartminting Reloaded, this advancement allows for 100 percent higher relief while maintaining a highly defined proof finish. Most importantly – and certainly the feature that stunned me when first examining the Majestic Eagle coins struck for Mongolia – was the reach of this higher relief

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Three States Considering Repeal Of Coin/Bullion Sales Tax Exemptions

In recent years, state, county, and local governments were finally required to include on their financial statements the net present value of unfunded liabilities for employee pensions and retiree health care and other retirement benefits. Michigan’s state government now discloses, for example, that it owes more than $60 billion in debt and liabilities, although these numbers are masked by spreading this information over multiple financial reports.
As a result, governments have become more aggressive at seeking additional ways to raise revenues

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Community Voice Response: Feb. 28, 2020

From the Feb. 28, 2020, Numismatic News E-NewsLetter
We are less than a year away from the end of the Mint’s America the Beautiful quarters program. Are you still collecting them?
Here are some answers sent in from our E-Newsletter readers

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Legendary Rarities to Bring Millions in Stack’s Baltimore Sale

It’s a numismatist’s delight as several world-class rarities come up for bid in Stack’s Bowers Galleries’ official auction of the Baltimore Whitman Coin & Collectibles Expo March 18-20 at the Baltimore Convention Center.
An 1804 silver dollar, what Stack’s Bowers calls “a million-dollar piece of Baltimore history,” will cross the block on March 20.
What Stack’s Bowers Galleries calls “the most famous prize in coin collecting,” this 1804 silver dollar will come up for bid March 20 during the firm’s auction held in conjunction with the Baltimore Whitman Coin & Collectibles Expo

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Reserve Bank of Australia Reveals Next $100 Design

(Above) The newly-designed $100 bank note from the Reserve Bank of Australia and (below) the old design. (All images courtesy Reserve Bank of Australia)
On Feb. 24, The Reserve Bank of Australia revealed the design of the new $100 bank note, which is the final denomination to be redesigned as part of the Next Generation Banknote Program

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Coin Clinic: How Can I Determine the Value of an Error Coin?

Wouldn’t eye appeal be superior on a coin that has a better finish than another of the same grade?
One person may like nicely toned coins while someone else doesn’t like toning at all. A third person might think the toning on one coin is attractive, while the toning on another coin is ugly. The same goes for your opinion of the mint luster, if still present

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Miles Standish Designs Miss Liberty Silver Bullion Coins

Fulfilling a longtime dream, well-known professional numismatist and award-winning author Michael “Miles” Standish has designed one- and two-ounce, colorized silver proof coins, each depicting front and back renditions of the Statue of Liberty and the New York area skylines. The limited-edition legal tender $5 denomination 1-ounce and $10 2-ounce bullion coins are .999 fine silver and dated 2020

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Coronavirus Fears Impact Cash

By Richard Giedroyc 
Talk about dirty money! What about money laundering? Fear of the coronavirus epidemic spreading worldwide is resurrecting the urban legend about how germs on our physical money may be making us sick.
At the time this article was being written no one yet knew for certain how the coronavirus (officially known as COVID-19) is spread. It was known the disease can be passed person to person, but if the spread is generated through breathing the same air, touching an infected person, touching bank notes the infected person used, or some other mechanism is yet to be learned

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Coronavirus Fears Boost Spot Price of Gold

The soaring price of gold coupled with an increasing number of significantly rare and expensive coins appearing in recent auctions bode well for the near-future business of coins.
While a strong stock market offers discretionary money, with which to encourage diversification through buying collectibles as hard assets, fears such as those due to the economic impact of the coronavirus are boosting the spot price of gold. Bullion and heavily bullion-impacted silver and especially gold coins are drawing a lot of interest from investors, likely for this reason

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Heritage Auctions’ Early-January Numismatic Signature Sales Exceed $68.8 Million

Distributed on behalf of Heritage Auctions
DALLAS, Texas (February 3, 2020) – Heritage Auctions announced Monday, Feb. 3, that its numismatic Signature Auction sales in the first part of January totaled a combined  $68,811,129 from auctions held during the Florida United Numismatic Convention and the New York International Numismatic Convention conventions.
Sales spanned U

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Scholarships Available For ANA Summer Seminar 2020 Military Numismatics Class

There are scholarships available for the Military Numismatics Class being held the second week of ANA’s Summer Seminar, July 5-8, 2020. Below is a summary of the class.
“Allied Military 2 franc notes were secretly printed in the United States for the D-Day invasion of France

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United States Mint Director Ryder To Participate in the ANA 2020 National Money Show

On Feb. 21, The United States Mint (Mint) announced that they will be at booth #729 at the American Numismatic Association’s (ANA) National Money Show on Feb. 27, 2020, at the Cobb Galleria Centre in Atlanta, Ga

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Reader’s Showcase: Key West, Fla.

By Peter Huntoon
Every once in a while, a national goes by that simply takes your breath away. This 1902 plain back from Key West is just such a note.
It appeared Stack’s Bowers’ Spring 2019 Baltimore sale as lot 6008

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Pakistan Issues 40 Rupee for Afghan Refugees Conference

Assigned KM-83, this is the first issued coin of 2020 for the nation of Pakistan. It features a new denomination and commemorates a four-day visit from United Nations Secretary-General António Guterres recognizing Pakistan’s generous hosting of millions of Afghan refugees. (Image courtesy of Egon Conti Rossini)
By Thomas Michael
In conjunction with a four-day visit of United Nations Secretary-General António Guterres to Islamabad, Pakistan has issued a new copper-nickel 40 rupees circulating coin

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Andrew Jackson Presidential Silver Medal

If you are a Presidential medal collector, be sure to mark your calendar. On Feb. 28 at noon ET, the Andrew Jackson Presidential silver medal will be on sale from the United States Mint

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Female Cricketer Featured on Australian Coinage For the First Time Ever

To celebrate what is set to be a historic year for the ICC Women’s T20 World Cup, the International Cricket Council (ICC), the Royal Australian Mint and retail partner Woolworths have teamed up to release a limited edition $2 coin, the mint said in a Feb. 19 press release.
The coin, created by The Royal Australian Mint, is the first time a female cricket player will feature on Australian coinage and the design captures the strong and dynamic spirit of the women’s cricket team

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Are Numismatic Sales Rising?

By Patrick Heller
As most experienced collectors know, the published data on “wholesale” prices are not necessarily accurate.  At any time, my experience is that some coins and currency trade at a premium to these figures while others clear the market at significant discounts.
When new editions of A Guide Book Of United States Coins (popularly called The Redbook) appear, it is not unusual for some dealers to advertise a list of coins that they will purchase at or above the “retail selling prices” featured in this catalog

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Pobjoy Mint Raises Funds For Australia with New Coin

The Pobjoy Mint is releasing a new Preserve the Planet Coin on behalf of the government of Niue.
The effects that the fires in Australia have had are numerous. Since July of last year, nearly 30 people have lost their lives, over 2,500 homes destroyed, and about 1

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South African Mint Names Ms Honey Mamabolo New Managing Director

On Feb. 18, The South African Mint Company (RF) Proprietary Limited (South African Mint), a wholly-owned subsidiary of the South African Reserve Bank (SARB), announced the appointment of Ms Honey Mamabolo as its new Managing Director, effective from 1 February 2020. She has 20 years’ experience across various industry sectors, including mining, retail banking, energy, development finance, and manufacturing

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America’s Founding Fathers 2020 Currency Set Sold Out

On Feb. 13 at noon ET, the “America’s Founding Fathers Currency Set” from the Bureau of Engraving and Printing went on sale on the United States Mint’s website and is now sold out.
Each set contains a Series 2017 $1 note and Series 2013 $2 note from the Federal Reserve Bank of New York, featuring the portraits of George Washington and Thomas Jefferson along with matching serial numbers beginning with 2020

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Community Voice Response: e-Newsletter Feb. 14

From the Feb. 14, 2020, Numismatic News E-NewsLetter
Are you concerned about the ever-increasing tax requirements that affect coin dealers? What impact do you think it will have on the hobby?
Here are some answers sent in from our E-Newsletter readers.
 
I used to be a part-time dealer for a few years; it wasn’t a business and I wasn’t in it for the money

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Coin Clinic: Has the U.S. Ever Restruck Coins of Another Country?

There are now services that will “conserve” my problem coins. What is the difference between their conserving my coins and someone else cleaning them?
The principle goal of conserving a coin is to remove any detrimental materials from the surfaces while protecting the surface originality. A coin that has been cleaned may have contaminants removed, however, the surface is no longer original

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1884 and 1885 Trade Dollars from the E. Horatio Morgan Collection Featured in the Stack’s Bowers Galleries March 2020 Baltimore Auction

Stack’s Bowers Galleries is proud to continue its tradition of presenting world-class rarities at auction by featuring 1884 and 1885 Proof trade dollars in their March 18-20, 2020 Baltimore Auction.
The 1884 and 1885 trade dollars are legendary U.S

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Market for Morgan and Peace Dollars Still Soft

The finest known 1855 proof Kellogg $50 gold coin, graded PCGS PR-64 Cameo CAC, sold for a record $1 million by Witter Coin in San Francisco and will be exhibited by its new owner at the store’s grand opening starting Feb. 10, 2020. (Image courtesy Professional Coin Grading Service, www

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Letters to the Editor: March 3, 2020

New 2021 Silver Eagle Proposed Design
Again, America loses an opportunity to make a great design. The new eagle is great on the reverse, but arrows should be in the eagle’s claws, not olive branches. It continues to make America look weak just like the obverse with Walking Liberty

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2020 Native American $1 Coin Products On Sale

Starting Feb. 12 at noon EST, the United States Mint began accepting orders for product options containing the 2020 Native American $1 coin. The theme of this year’s coin is Elizabeth Peratrovich and Alaska’s Anti-Discrimination Law

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Community Voice Response: March 3, 2020

From the Feb. 7, 2020, Numismatic News E-NewsLetter
Have you come across any error coins in circulation or in an inherited collection? If so, what was it?
Here are some answers sent in from our E-Newsletter readers.
 
I’ve found a few “BIE” error coins,  a couple of RPMs, some strike-throughs, and a couple die breaks

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Slight Progress on Ebay Erroneous Sales Tax Charges

By Patrick Heller 
Two weeks ago, I wrote about the growing problem of how sales facilitators (referred to by many states as “market providers”) such as Amazon and eBay are now required to collect and remit the sales taxes applicable in the buyer’s state if the seller is from a different state. Unfortunately, every software system approved by the Streamline Sales Tax Governing Board, Inc. and available to Amazon and eBay has a number of errors in 1) implementing existing states’ sales tax exemptions, and 2) calculating the correct sales taxes to collect in states where county and local sales taxes may apply

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World Money Fair 2020

United States Represented at 2020 World Money Fair

A United States numismatic contingent gathers for a photo during a Jan. 29 reception hosted by the Japanese Embassy in Berlin, Germany, in association with the 2020 World Money Fair. From left: Mary Lynn Garrett, governor on the American Numismatic Association board of directors; Robert Fickling, U

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CCG Donates Money and Sends Supplies to Help Fight Coronavirus

On Jan. 11, The Certified Collectibles Group® (CCG®) donated money and sent supplies to help those affected by the novel coronavirus discovered in Wuhan, China, in December 2019.
CCG comprises seven of the world’s leading collectible services companies: Numismatic Guaranty Corporation® (NGC®), Numismatic Conservation Services (NCS®), Paper Money Guaranty® (PMG®), Certified Guaranty Company® (CGC®), Classic Collectible Services® (CCS®), Authenticated Stamp Guaranty (ASG) and Collectibles Authentication Guaranty (CAG)

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Item of the Week: The 1804 Gold Eagle

An 1804 Crosslet eagle. (Images courtesy Heritage Auctions)
The 1804 gold eagle is closely related to the famous 1804 silver dollar. There is one variety of the 1804 gold eagle that is actually tougher than the 1804 silver dollar but much less expensive, making the 1804 potentially one of America’s least-known rarities despite its famous date

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Stack’s Bowers NYINC World Paper Money Highlights

By Tracy Schmidt 
I enjoyed the selection of World Currency offered at the Stack’s Bowers Galleries January 2020 NYINC Auction.  There was a strong selection of Canadian currency offered. I enjoyed seeing the variety of notes offered by Bermuda and the Bahamas

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Coin Clinic: Color Designations

Are the color designations Brown, Red Brown, or Red a judgment call on half cents, cents, and 2-cent coins or is there some standard a coin must reach to be identified as such?
Uncirculated and Proof U.S. copper coins are considered to be Brown if they retain less than 5 percent of their original mint glow, Red Brown if the original red color covers 5 to 95 percent of the obverse and reverse surface, and Red if more than 95 percent of the surface retains this original color

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Extremely Rare Modern Error Coin Amazes Experts

One never knows what they will find in circulation.
When a woman came across an odd-looking Eisenhower dollar that seemingly showed two obverses, she set it aside as a curiosity, not really knowing what it was. Years later, her daughter brought the coin to the attention of Sarah Miller, Director of Numismatics at Heritage Auctions’ New York office, who immediately recognized it as something special and fascinating

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Bullion Coins Remain Volatile

By Richard Giedroyc
Some very impressive rare coins are appearing in auctions during February and March. Strong prices should continue as the already heated auction market fires up even further.
It’s difficult to determine the extent of this venue since, although total and individual prices realized are often available, the annual number of coins being offered via auction is not

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‘King of Pioneer Gold’ 1855 Proof Kellogg $50 Sold for Record $1 Million

The finest of only 14 known Kellogg & Co. 1855 proof $50 gold coins has been privately sold for a record $1 million by dealer Seth Chandler, owner of Witter Coin Co. in San Francisco, to a local collector who enjoys historical items related to the California Gold Rush

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Carson City Mint Celebrates 150 Years

On Feb. 4, representatives from the United States Mint, the Nevada State Museum, and the State of Nevada participated in the celebration that marked the 150th anniversary of the production of the first coin at the Carson City Mint in 1870. It was held at the Nevada State Museum in Carson City, Nev

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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

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Van Alfen Honored with Burnett Anderson Memorial Award

On Jan. 16, the economic historian and author, Peter van Alfen, received The Burnett Anderson Memorial Award for Excellence in Numismatic Writing. Presentation of the award took place at the American Numismatic Society’s Annual Gala Dinner, held at the Harvard Club in New York City

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Batty for New Samoa Coin

The 2020 America the Beautiful Quarters Program is kicking off with the National Park of American Samoa quarter rolls and bags, which go on sale Feb. 3 at noon (ET). The Uncirculated 5- ounce silver coin will go on sale Feb

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Finnish Designer Receives COTY Lifetime Achievement Honors

By Thomas Michael
The winner of this year’s Coin of the Year Lifetime Achievement award – Reijo Paavilainen.
This year’s recipient of the Coin of the Year Lifetime Achievement Award, Finnish sculptor, coin and medal designer Reijo Paavilainen, actually began his artistic career as a painter. However, Paavilainen quickly moved to a more three-dimensional expression with various aspects of sculpture, one of which is the design of commemorative coins

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Coin of the Year Goes to Latvia

Bank of Latvia’s 2018-dated Honey Coin, a gold-plated silver 5 euro, has been named the 2020 Coin of the Year.
The day was sweet as honey for the Bank of Latvia when its 5-euro Honey Coin was given top honors as 2020 Coin of the Year during an awards ceremony held Feb. 1 in conjunction with the World Money Fair in Berlin, Germany

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Fight for Circulation of Peratrovich Coin Continues

In January 2019, the Fairbanks Coin Club contacted the members of the Alaska State Legislature promoting the release of the Elizbeth Peratrovich dollar coin to circulation in Alaska. In the spring, local 4H leaders traveled to Juneau with a group as part of the 4H Youth in Government program.
They lobbied all 60 legislators for a resolution calling for the release of the Peratrovich dollar to circulation in Alaska

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Day Two of World Money Fair

Here are some moments so far!
The countdown is on as eager collectors gather outside the World Money Fair. Ten minutes until the 2020 Fair gets underway!
Senior Editor Tom Michael (left) meets with Almat Bassenov, a designer for the National Bank of Kazakhstan on-site at the World Money Fair in Berlin, Germany.
 
 
 
 
 
 
 
A crowd of about 400 gathered for the 16th annual Technical Forum held Jan

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Wayfair Tax Nightmare Comes to Light For Coin Dealers

By Patrick Heller
As explained during the Industry Council for Tangible Assets meetings at the Florida United Numismatists convention in Orlando earlier this month, dozens to hundreds of coin dealers are now facing requirements to register with state treasury departments outside of their home state.
These new registration requirements are the result of recently enacted legislation and regulations issued by most states as a result of the June 2018 South Dakota v. Wayfair Supreme Court decision

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Kicking Off World’s Money Fair in Berlin

Listen in as Maggie Judkins, Editor of the Numismatics Division, visits with the South African Mint’s Product Development Manager, Richard Stone, as he shows some new coins at the World Money Fair in Berlin!

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Community Voice Response: eNewsletter Jan. 24

From the Jan. 24, 2020 Numismatic News E-NewsLetter
Will you purchase a 2020 coin or medal commemorating the 75th anniversary of the end of World War Two? Why or why not?
Here are some answers sent in from our E-Newsletter readers.
 
Yes, if it is reasonably priced to match my budget

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ANA and NGC to Launch ANA Registry

On Jan. 28, the American Numismatic Association (ANA) and Numismatic Guaranty Corporation® (NGC®) announced that they have partnered to launch the ANA Registry later this year, according to the American Numismatic Association.
The ANA is the country’s largest nonprofit coin-collecting organization, as well as one of the oldest and most prestigious

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The Band, Queen, To Be Celebrated on UK Coin

The Royal Mint has announced the iconic band, Queen, will be celebrated with the launch of a commemorative coin collection, making it the first time that a British band has been celebrated on UK coinage. Available from today, the design is the first in The Royal Mint’s new ‘Music Legends’ collection.
Perhaps the most striking example of the band’s determination to be bold was their decision to release a six-minute quasi-operatic single, “Bohemian Rhapsody,” in 1975

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Online Counterfeit Reporting Available from ACEF

The Anti-Counterfeiting Educational Foundation (ACEF) now provides collectors, dealers, the general public and victims of suspected fraud with a convenient and secure way to report information about counterfeit coins, bars, holders, rounds, mint products, paper money or other suspicious counterfeit related activities.
“See it? Report it! If you have information about a counterfeit, you can easily go to the ACEF website, www.ACEFonline

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First Million-Dollar Coin of 2020 in the Books

By Richard Giedroyc 
he first million-dollar coin of the year came quickly in 2020, and it isn’t even an issue of the United States! A British 1936 gold sovereign of King Edward VIII, one of six known, was brokered by the British Royal Mint for the equivalent of $1.3 million even before the Florida United Numismatists show was underway. This may be a good omen for the business of coins

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Mouse Wins Race To Launch Perth Mint’s Lunar Series Three

Strong global demand for precious metal coins that honor the ancient Chinese zodiac has inspired The Perth Mint to release its next 12-year series of Australian Lunar coins, according to their Jan. 22 press release.
The Perth Mint launched the first-ever coin program to honor the animals of the lunar calendar in 1995

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$42 Million Changes Hands at FUN Auction

The first major – and arguably the most important – numismatic event of the year is now complete, and Heritage Auctions has a near $42 million auction to show for it. Conducted in conjunction with the Florida United Numismatists convention, Heritage’s Jan. 8-12 FUN Signature Auction was led by an example of the classic rarity 1927-D double eagle gold coin

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Donald Scarinci on ‘100 Greatest Modern World Coins’ Book

Donald Scarinci(Photo courtesy Whitman Publishing.)
In March 2020 Whitman Publishing will release 100 Greatest Modern World Coins by numismatists Charles Morgan and Hubert Walker. Here, Donald Scarinci, medallic art historian and Coin of the Year judge, shares his thoughts on modern world coinage and the new book

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Coin Show Etiquette Suggestion

By John Quarfoth
 
I appreciate the “Coin Show Etiquette” part one (as a buyer) and part two (as a seller) articles.
The articles included good tips for the collector both as a buyer and as a seller.
I think a third article is needed, “Coin Show Etiquette’” part three (dealer etiquette)

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