Category Archives: Numismatic News

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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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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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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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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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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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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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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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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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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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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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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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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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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U.S. Coin Supply Out-Pacing Demand

Sales are up, prices aren’t. This pretty well summarizes the current state of the business of coins.
Some of this can be blamed on the recent declines in the commodity spot price of precious metals; however, there is some weakness in the market for copper half cents and cents, and for nickels as well

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Royal Canadian Mint’s Tri-Metal Token Wins Award

Ottawa, Ontario (Oct. 16, 2019) — The Royal Canadian Mint’s tri-metal coin technology won global currency industry recognition by being named the Best new coin product, feature or distribution innovation of the International Association of Currency Affairs’ (IACA) 2019 Excellence in Currency Awards for Coins. The award was announced on Oct

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Booklet Walks Reader Through Collection Inheritance, Disposal

Perhaps a coin collection has made its way to you from a family member, and it has ignited your collecting spark. Or maybe you are beginning to think about what to do with the collection you’ve built when it comes time to part with it.
Before making a decision on what to do when inheriting or disposing of a coin collection, the American Numismatic Association suggests collection owners pick up a copy of Managing & Settling a Numismatic Estate: How to Preserve or Dispose of a Coin Collection, a booklet by David S

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Coin Collecting Back on the Upswing

By Richard Giedroyc
We might all like to think the value of collectible coins is immune to outside influences. These outside influences include the stock market, international exchange rates, and the bullion spot price of precious metal. When the collectible coin market heats up this becomes especially true for the scarce to rare coin segment of coin collecting, with many other generally more available coins appreciating as well

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2019-S Proof Silver Eagle Sales Kick Off

War in the Pacific coins seem to be popular with collectors. Looking at the numbers, the 3-coin set gained 276 since last week and is closing in the sales of the American Memorial Park that release before it which is currently at 12,631. The 5-ounce coin also gained since last week, rising from 13,378 to 13,554

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Early Days at the ANA Convention

Busy Aisles: Shortly after the bourse floor opened on Tuesday morning, the aisles were filled with dealers and collectors moving from booth to booth, some buying, some selling, and others just looking. Speaking with a few dealers on the floor after day two, the feedback was mostly positive.
Glenn Schinke booth: I stopped to snap a photo of the Glenn Schinke booth on Tuesday morning

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Active Interest Media Acquires Four F+W Groups Including Numismatics

Boulder, CO: North America’s leading participant media company today announced the acquisition of four storied groups of enthusiast brands from F+W Media. “The addition of Writer’s Digest, Popular Woodworking, Horticulture, and the Collectibles Group significantly extends our footprint in passionate markets that fit Active Interest Media’s vision for future growth,” said President & CEO Andrew Clurman. “These groups bring a combined publishing history of more than 300 years and audiences that demonstrate incredible loyalty through their attendance at events, participation in online conversations, and high rates of membership and subscription renewal

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Skog gets 30 months in federal prison for selling counterfeit coins

Fraud scheme carried out in multiple states, some victims still may be unidentified
Minnesota coin dealer Barry Ron Skog, 68, was sentenced July 9th to 30 months in federal prison for carrying out a counterfeit coin fraud scheme in multiple states. In addition, Judge Wilhelmina M

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F+W, Publisher of Numismatic News, Declares Bankruptcy

By CoinWeek News Staff …. F+W Media (the parent company of Numismatic News), along with eight other companies affiliated with F+W, filed for Chapter 11 bankruptcy relief on Sunday, March 10 in the Bankruptcy Court for the District of Delaware. Citing print publication industry decline, bad capital investments and mismanagement, the company found itself $105.2 […]

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F+W, Publisher of Numismatic News, Declares Bankruptcy

By CoinWeek News Staff ….   F+W Media (the parent company of Numismatic News), along with eight other companies affiliated with F+W, filed for Chapter 11 bankruptcy relief on Sunday, March 10 in the Bankruptcy Court for the District of Delaware. Citing print publication industry decline, bad capital investments and mismanagement, the company found itself […]

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Success derives from coin collecting

Chet Krause
Are coin collectors more successful in life than noncollectors? I think they are, but I have no way to prove it.
This is a thought that has crossed my mind many times over the years, but news of the auction results of the Armstrong Family Collection made me think about it again.
Heritage Auctions pulled off a sale that realized $5,276,320 Nov

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Kagin’s tells story of Emperor Norton

Kagin’s Auctions pre-sale estimate values this 50-cent note of Emperor Norton I at $15,000-$25,000.
A favorite numismatic tale is retold in the auction catalog of Kagin’s Auctions for its Sept. 21 Santa Clara Expo Coin and Stamp Show sale

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CoinWeek Podcast #85: Dave Harper Talks Differences Between Chinese and American Coin Shows

 CoinWeek Podcast #85: Dave Harper Talks Differences Between Chinese and American Coin Shows Mobile phone users. Stream this podcast for free by downloading the podomatic app or subscribe to the CoinWeek Podcast on iTunes. Numismatic News editor Dave Harper has just returned from a trip to the Beijing International Coin Exposition, one of the world’s fastest growing […]

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Aftermarket Sets Keep Coin Collectors on Their Toes

By Joshua McMorrow-Hernandez for CoinWeek.com …… Have you ever heard of a 1984 Denver Prestige Collector’s Set? I hadn’t either, but that’s exactly what coin dealer Harry Melvin at South Park Coins in Forney, Texas, had purchased for $18 some time back. He and his colleague Michael Hajny sent me photographs of this set, which […]

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What Do the 2017 Enhanced Uncirculated Set Sales Numbers Mean?

By Hubert Walker for CoinWeek ….. The Mint came prepared. Sales for the 2017 Enhanced Uncirculated Set began at noon Eastern Time on August 1, and in less than 10 minutes it had become “Currently Unavailable” on the Mint’s online catalog. Meanwhile, there were almost three hours to go before attendees at the American Numismatic Association’s […]

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Modern Coins at Stack’s Bowers ANA World’s Fair of Money Rarities Night Sale: Lots You Need to Know

By CoinWeek ….. The American Numismatic Association’s (ANA) World’s Fair of Money remains one of the largest coin conventions in the calendar year. Stack’s Bowers, an Official Auctioneer of the ANA World’s Fair of Money, will conduct a seven-session sale over the course of eight days with sale highlights featured in the Session Four “Rarities […]

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U.S. Coins – NGC Certifies Unique Cent

1982-D Small Date Variety Previously Unknown in Bronze Numismatic Guaranty Corporation® (NGC®) has certified the only known example of a 1982-D Small Date cent struck in bronze. The unique coin was discovered in November by an anonymous collector in Minnesota after he decided to examine a hoard of bronze cents that he had accumulated from […]

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CoinWeek News Wire for October 28, 2016

By Coinweek …. CoinWeek News Wire for October 28, 2016 Brain Food 1.) Is It Illegal to Deface US Currency? While this video may be ridiculously awesome, because Bill Murray is super cool, have you ever wondered if it is illegal to deface or alter a U.S. bank note? 2.) 7 Tips For Surviving Your First […]

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Daniel Frank Sedwick, LLC Welcomes Numismatist Connor Falk

Daniel Frank Sedwick, LLC, specialists in Spanish-American colonial coins and treasure, is proud to have numismatist Connor Falk join the company. Falk will review and catalog consignments as well as work with clients to get the most out of the auction experience. Daniel Frank Sedwick, LLC, already a leader in Latin American and shipwreck coin […]

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CoinWeek Wins Record Nine Numismatic Literary Guild Awards

Numismatic Literary Guild Awards include Best Website, Best Video & Best Podcast By CoinWeek News Staff ….. On Thursday, August 11, 2016 at the American Numismatic Association’s (ANA) World’s Fair of Money, the Numismatic Literary Guild (NLG) announced the winners of its annual writing competition at the NLG Bash, a dinner banquet attended by scores […]

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The Coin Analyst – Should the U.S. Return to the Gold Standard?

By Louis Golino for CoinWeek …… August 15 marks the 45th anniversary of the end of the gold standard. In 1971 President Richard M. Nixon ended the convertibility of the dollar with gold, which paved the way for the system of floating, fiat currencies that exists today. Ever since then the U.S. dollar has continued […]

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Harvey Stack Remembers Chet Krause

By Harvey Stack – Founder, Stack’s Bowers …… It was with great sadness and a feeling of personal loss that I learned of the recent passing of my dear friend Chet Krause. I remember first meeting him when he visited Stack’s in New York City. He was there to sit down and talk to my […]

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Numismatic Literary Guild Symposium Chicago 2015. VIDEO: 57:37

Moderator: Charles Morgan, with Ron Guth, David Harper, Wayne Homren, David Lisot, and Steve Roach. The Numismatic Literary Guild held a symposium at this years ANA Convention in Chicago and brought some of the most influential people in the world of numismatic media talk about the latest trends in communication and the internet.  

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Dave Harper Discusses the Demise of Numismatic Print Publications

Numismatic News Editor Dave Harper discusses the state of numismatic print publishing and ponders what the future might have in store for the numismatic media in the years to come. Copyright © CoinWeek June 2015 COINWeek is the most advanced independent on-line media source for print and video Rare Coin and Currency news; with analysis and information contributed […]

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