Category Archives: Coin Business

HeritageBuilding

Industry Insider: COVID Business Landscape, Part II

By Tom Michael
Everyone around the globe is adapting their ways of life and work to function as well as is possible during a pandemic. We all need to do our very best in both those areas, even when they begin to overlap and mesh together, as many of us have experienced. In our hobbies, it’s likely that adapting means going online for everything

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Coronavirus

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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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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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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No museum exclusively for counterfeits

Is there a museum of counterfeit coins?
There are many museums in which counterfeit coins reside, some known to be fakes while others deceive the curators. I am aware of collectors who specialize in either contemporary or modern counterfeits, but I am not aware of a museum that displays counterfeit coins exclusively on purpose.
 
Is there a way to determine if my coin, as well as the third-party certification service slab in which it is housed, are genuine without cracking the coin out for re-examination?
There are some diagnostics through which fake coin slabs might be detected, but the counterfeiters are good at their trade

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Chinese tariffs affect coin business

Tariffs on China are in the news. Recently released Docket Number USTR-2018-0026 of the Office of the United States Trade Representative is titled “Request for Comments, Concerning Proposed Modification of Action Pursuant in Section 301: China’s Acts, Policies, and Practices Related to Technology, Transfer, Intellectual Property, and Innovation.” The document is a request for comments and notice of a public hearing

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Perth Mint Achieves Record Half-Year Results

The Perth Mint posted record revenue of $4.4 billion and pre-tax profit of $24.9 million for Q1/Q2 of the 2015/16 financial year. Owned by the Government of Western Australia, The Perth Mint makes a contribution to the State economy through the successful management of its sizable and diverse operation, and ongoing support of the mining […]

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