Category Archives: technology

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David Lawrence Rare Coins and nuTilt Imaging bring new, immersive technology to the hobby

Virginia Beach, Virginia: David Lawrence Rare Coins (DLRC) and nuTilt Imaging are excited to introduce a brand-new imaging technology to the hobby of numismatics. NuTilt is a patent-pending process that brings coin imaging to life! The limitation of coin images today is that they are static; nuTilt breaks this barrier, showing how the light catches all areas of a coin just like it does when you tilt it in your palm

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Egypt: Central Bank governor confirms plans to produce polymer banknotes for early 2021

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The governor of the Central Bank of Egypt has confirmed (10th September) they will begin to print Egyptian pound banknotes on polymer from the beginning of 2021

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Egypt: Central Bank governor confirms plans to produce polymer banknotes for early 2021

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The governor of the Central Bank of Egypt has confirmed (10th September) they will begin to print Egyptian pound banknotes on polymer from the beginning of 2021

Continue reading on Coin Update News

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David Lawrence Rare Coins and nuTilt Imaging bring new, immersive technology to the hobby

Virginia Beach, Virginia: David Lawrence Rare Coins (DLRC) and nuTilt Imaging are excited to introduce a brand-new imaging technology to the hobby of numismatics. NuTilt is a patent-pending process that brings coin imaging to life! The limitation of coin images today is that they are static; nuTilt breaks this barrier, showing how the light catches all areas of a coin just like it does when you tilt it in your palm

Continue reading on Coin Update News

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Angola: New series of polymer banknotes to be introduced with designs highlighting natural landmarks

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The Banco Nacional de Angola has announced (7th July) that a new series of banknotes will be gradually introduced beginning on the 30th July

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It’s my 10th anniversary as a contributor to Coin Update and World Mint News Blog

Dear readers, it’s hard to believe, but this week marks 10 years since I first joined Coin Update and World Mint News Blog. My first submission in June 2010 was an interview I conducted with U

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Zimbabwe: Reserve Bank announces introduction of larger denomination dollar banknotes into circulation

The Reserve Bank of Zimbabwe has announced (14th May) it will be releasing larger value banknotes into circulation. The release of the ZWL $10 denomination will commence from the date of the announcement, and the issue of the ZWL $20 denomination is scheduled to enter circulation from the first week of June 2020

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Coin collectors and history buffs can access free digital content

American Numismatic Association Offers Free Membership During National Coin Week
For a limited time, the American Numismatic Association (ANA) is offering a free digital “Gold” membership to anyone who joins the coin collecting organization during National Coin Week, April 19-25.
The ANA is a congressionally chartered, nonprofit educational organization dedicated to encouraging the study and collection of coins and related items

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Cook Islands: New innovative silver Proof ultra-relief coin celebrates the blue skies

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The government and treasury of the Cook Islands have authorised the release of new silver Proof coins whose focus is on the blue skies and to the feeling of unlimited freedom

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Cook Islands: New innovative silver Proof ultra-relief coin celebrates the blue skies

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The government and treasury of the Cook Islands have authorised the release of new silver Proof coins whose focus is on the blue skies and to the feeling of unlimited freedom

Continue reading on Coin Update News

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Coin collectors and history buffs can access free digital content

American Numismatic Association Offers Free Membership During National Coin Week
For a limited time, the American Numismatic Association (ANA) is offering a free digital “Gold” membership to anyone who joins the coin collecting organization during National Coin Week, April 19-25.
The ANA is a congressionally chartered, nonprofit educational organization dedicated to encouraging the study and collection of coins and related items

Continue reading on Coin Update News

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Tunisia: New banknotes feature first female personality in the Arab world and honour country’s first female doctor

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The Banque Centrale de Tunisie has released (27th March) new banknotes, which, for the first time in the modern history of the Arab world, an Arab nation has issued a banknote featuring a woman

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Mongolia: Latest gold and silver coins issued in “Revolutionaries” series featuring Mahatma Gandhi

The Bank of Mongolia has released their latest gold and silver Proof coins which are part of their ongoing numismatic series entitled “Revolutionaries” featuring political figures who impacted, for better or worse, the world around them and further afield. The series was first begun in 2014 with the issue of gold and silver versions

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How to safely receive packages during a pandemic

Image by Richard Wheeler under the terms of the GNU Free Documentation License.
With many a coin show or auction postponing or canceling in-person venues in lieu of recent social distancing recommendations, many collectors and dealers are now turning to the Internet to continue their trade via delivery services

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Trinidad and Tobago: Central Bank unveils new family of polymer banknotes

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The Central Bank of Trinidad and Tobago has unveiled (21st February) concept designs of their new series of updated banknotes which are to be produced in polymer

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Penny Pincher Coins launches PennyPincherAuctions.com, their Internet-only rare coin and currency auction platform

Images by Professional Coin Grading Service. Hover to zoom

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Noted numismatist Miles Standish designs Miss Liberty silver bullion coins

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(Idaho Falls, Idaho) February 14, 2020 — Fulfilling a long-time dream, well-known professional numismatist and award-winning author Michael “Miles” Standish has designed unprecedented 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

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United Kingdom: Surprising number of polymer £5 and £10 banknotes replaced due to damage

New and surprising information about Bank of England polymer notes has surfaced in which their lifespan has been put into question. The Bank of England has reported that nearly 50 million polymer £5 and £10 notes have had to be replaced since they were launched due to wear and tear

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The Atlanta Fed’s EconomyNow app debuts

The Federal Reserve Bank of Atlanta announced that EconomyNow, a free app that lets users view some of the Atlanta Fed’s most popular data tools, is now downloadable from the App Store for your Apple device. EconomyNow will be available for Android devices in early 2020

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Scotland: New modified design unveiled for £20 polymer banknote

The Bank of Scotland has unveiled (7th November) the modified design which will be included on their latest £20 banknote. In keeping with the specifications of circulation banknotes, which are taken from Bank of England banknotes, the new £20 banknotes will be printed on polymer and will also be reduced in their dimensions

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Poland: Commemorative banknote issued to honour centenary of first national currency

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The National Bank of Poland has released new commemorative banknotes which remember the country’s first currency issued just after the re-establishment of Polish independence following the conclusion of the First World War

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United Kingdom: Bank of England unveils latest polymer £20 banknote that pays tribute to famed 19th-century painter, JMW Turner

The Bank of England today unveiled their next release in the current “G” series which will be the £20 denomination depicting the eminent 19th-century painter Joseph Mallord William Turner (1775-1851). The famed artist was born in Covent Garden, London, as the son of a barber and wig maker

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The Bank of England takes pride in launching the “G” series £50 banknote featuring computer scientist Alan Turing

The planned issue of the Bank of England’s next generation £50 polymer banknote was announced by Governor Mark Carney during a special event which revealed that computer scientist Alan Turing would be the featured personality on the back.
The process to unveil the design and personality to be featured on the UK’s next £50 banknote all began when the Bank of England asked the country in November 2018 who should be portrayed on the back

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The Bank of England takes pride in launching the “G” series £50 banknote featuring computer scientist Alan Turing

The planned issue of the Bank of England’s next generation £50 polymer banknote was announced by Governor Mark Carney during a special event which revealed that computer scientist Alan Turing would be the featured personality on the back.
The process to unveil the design and personality to be featured on the UK’s next £50 banknote all began when the Bank of England asked the country in November 2018 who should be portrayed on the back

Continue reading on Coin Update News

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Canada: “Pulsating maple leaf” with photonics strike features on double crown silver coin

The Royal Canadian Mint has released new silver Proof coins which incorporate first-of-its-kind striking technology and leading-edge photonics with their classic coin reverse design. The maple leaf design on this coin was first introduced on Royal Canadian Mint silver and platinum bullion coins in 1988

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Canada: Innovative moving design features bumblebee hovering over a flower on new silver Proof coin

The Royal Canadian Mint has released one of their most innovative designs seen on any collector coin, which includes an interactive element in the design in addition to delicate and intricate engraving and minting.
Featured in the design is the ever-popular theme of the bumblebee encircling and hovering over a floral bloom as it looks to extract nectar, while at the same time pollinate the flower

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Mexico: New “G” series 200-peso banknote unveiled and introduced into circulation

The Banco de Mexico has announced (2nd September) the issue of their second banknote which is part of the bank’s “G” series. The 200-peso banknote (U

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International event examines future for circulating coins

A new conference will examine the future role of coins as they continue to play an essential and intrinsic part of cash-based payments — which cannot function effectively without them.
With overcapacity, rising material costs, hoarding, the removal of low-value coins, and the growth of m-payments and contactless cards, which are chipping away at the use of coins for low-value payments, circulating coins are currently under pressure

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Belgium: Extraordinary works of Renaissance artist Breugel the Elder feature on latest Europa Star coins

The National Bank of Belgium has issued new silver Proof collector coins which are part of the Europa Star programme, a unique numismatic project that was first launched in 2004, bringing various European monetary institutions together around a common annual theme. Each of the coins in this series has the unique characteristic of being marked with a stylised “E” logo which resembles the euro insignia, along with a star

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Canada: Facets and extraordinarily high relief features on innovative new coin set about Canadian wildlife

The Royal Canadian Mint has launched a new coin series which highlights both some of the country’s most endearing wildlife and a new innovative world-first in coining technology. Entitled as the “Multifaceted Animal Head Series,” the three coins feature front-facing images of an animal’s head minted in three dimensions, making full use of EHR (Extraordinarily High Relief), allowing each animal head to elevate mere embossing to a sculpture

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Canada: Facets and extraordinarily high relief features on innovative new coin set about Canadian wildlife

The Royal Canadian Mint has launched a new coin series which highlights both some of the country’s most endearing wildlife and a new innovative world-first in coining technology. Entitled as the “Multifaceted Animal Head Series,” the three coins feature front-facing images of an animal’s head minted in three dimensions, making full use of EHR (Extraordinarily High Relief), allowing each animal head to elevate mere embossing to a sculpture

Continue reading on Coin Update News

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Canada: New silver coin includes black light technology that reveals Northern Lights over Parliament Hill

The Royal Canadian Mint has launched (6th August) new silver Proof-quality coins which incorporate new technology that reveals a surprising addition to the coin’s reverse design: The Northern Lights show on Parliament Hill. With impressive technology, a total of 17 separate projectors work together to form a single image on the front façade of Centre Block, creating a high-definition visual and sound experience which turns Parliament Hill into a screen of over 143 meters (470 feet) long and 30 stories high

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Canada: Multi-frame holographic technology highlights design of avian flight on new silver Proof coins

The Royal Canadian Mint has unveiled (25th July) a new three-coin series which combines the technology of holographic imagery with detailed depictions of some of Canada’s most familiar birds in flight — all brought together with Proof quality strikes on pure silver to create a special set of coins with the illusion of winged motion on each design. Entitled “Majestic Birds in Motion,” the three-coin series pays tribute to the marvel of avian flight through three great Canadian feathered icons

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CIT: Dragonfish — golden arowana

Description
The obverse is ornamented with a scaly pattern, while in the center is the national coat of arms of Palau with the inscription REPUBLIC OF PALAU, below the nominal value 10$. Above the coat of arms  is the inscription AROWANA / DRAGONFISH / 2019

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Heritage Auctions launches new web feature to offer higher-quality photographs of world and ancient coins in Internet auctions

Feature offers PCGS TrueView, NGC PhotoVision images from independent grading companies
Dallas, Texas (June 12, 2019) — Heritage Auctions, the world’s leading coins auctioneer, has launched a new feature on its website that displays high-quality photographs of world and ancient coins taken by independent third-party grading companies whenever they are available for Internet auction lots.
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Cash makes a comeback

In an article published on June 3, 2019, entitled “Hitting the Brakes on the Cashless Society,” payments risk expert Claire Greene analyzes the pushback against cashless systems taking place in various states and municipalities throughout the country. Greene builds off of the research of Oz Shy, who drew his conclusions from the 2017 Diary of Consumer Payment Choice

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Always verify your NGC coins with the NGC website or app

A quick, easy and free way to check out a coin before you buy.
Coin collectors should always check NGC-certified coins on NGC’s website or in the NGC mobile app to verify their authenticity and learn other important information about them

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The challenges of implementing a cashless society and what it means for the hobby

A recent article by Oz Shy, senior policy adviser and economist at the Federal Reserve Bank of Atlanta, drew some interesting conclusions based upon a multitude of studies that have been conducted over the years to investigate the behaviors displayed by consumers in a variety of situations. While the concept of a cashless society has been thrust into the ether for some time, new developments in nations that have adopted these systems have once again brought this topic to the forefront of discussion

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If cryptocurrencies become one of the most common forms of exchange, will banks form around them?

An article by Larry D. Wall, the executive director of the Center for Financial Innovation and Stability at the Atlanta Fed, examines a probable future in which cryptocurrency plays such a critical role in the global financial system that it becomes as influential to markets as standard forms of currency

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Bowers on collecting: Which media delivers the message best?

The following comes from an article that I wrote for Coin World a few years ago:
“The pen is mightier than the sword,” it has been said. Today, the pen, or its equivalent in the printed word, has a lot of competition, especially from television and the Internet

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Bowers on collecting: The Great American Coin Hunt

The Great American Coin Hunt will make treasure-hunting for coins in circulation a national challenge. Along the way, the program should inspire many people to collect Statehood and America the Beautiful coins as well

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ICTA Executive Director Jimmy Hayes discusses silver and gold bullion taxes in U.S. states with James Anderson of SD Bullion

On last week’s Metals and Markets podcast, SD Bullion’s James Anderson talked with Industry Council for Tangible Assets (ICTA) Executive Director Jimmy Hayes about changing bullion sales tax rates for gold and silver in various U.S

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Bowers on collecting: Enjoying the Trip

I am continuing to go through old Coin World columns and other items in connection with writing my autobiography. I came across this, published nearly 20 years ago in Coin World in April 2001 (if you don’t subscribe to this newspaper you should; plus, you might enjoy my weekly “The Joy of Collecting” column, which has been running there since 1961! Also, see my 2019 comments at the end:
Enjoying the Trip
Coins are interesting
to collect in any market season

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Northern Ireland: New polymer vertical motif banknotes featuring “Living in Nature” enter circulation

The Ulster Bank Plc, a subsidiary of the Royal Bank of Scotland has released (27th February) two of their new denominations which are launched as part of a new family of vertically designed banknotes entitled “Living in Nature,” Initially unveiled in May 2018, the new banknotes carry the date 12 APRIL 2018 along with the signature of Ross McEwan, chief executive of the Royal Bank of Scotland Group of which the Ulster Bank is a part of. The £5 and £10 notes are produced on polymer, and the Ulster Bank is now making the move to this substrate as the Bank of England has done with the issue of these same denominations

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Clash of the Coins final matchup: Liberty Head V nickel versus Dahlonega Mint gold half eagle

On March 18, the final matchup in the Clash of the Coins will be decided on the Federal Reserve Bank of Atlanta’s website. The final match, representing a clash between the categories of Symbols and Economic Role, respectively, is between a Liberty Head V nickel with No Cents and a Dahlonega Mint gold half eagle

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Robert Leonard’s updated Curious Currency, second edition, explores money from the Stone Age to the Internet Age

(Pelham, Alabama) — Whitman Publishing announces the release of the second edition of Robert D. Leonard Jr

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Numismatics goes viral in the United States: The coming Great American Coin Hunt

Two months
from now, in late April 2019, the Great American Coin Hunt is planned to launch
as part of National Coin Week. Initially, the Great American Coin Hunt started
as an idea formed between several coin dealers, but has since evolved into a
viral, grassroots campaign that has taken off in the online numismatic
community with tens of thousands of enthusiasts planning to participate in the
phenomenon

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Numismatics goes viral in the United States: The coming Great American Coin Hunt

Two months
from now, in late April 2019, the Great American Coin Hunt is planned to launch
as part of National Coin Week. Initially, the Great American Coin Hunt started
as an idea formed between several coin dealers, but has since evolved into a
viral, grassroots campaign that has taken off in the online numismatic
community with tens of thousands of enthusiasts planning to participate in the
phenomenon

Continue reading on Coin Update News

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Sudan: Central Bank unveils new 100-pound denomination within current series

The Central Bank of Sudan has confirmed (28th January) the production of the new 100-pound banknote denomination which is expected to be released into general use toward the end of February. This denomination, as well as two additional banknote values of 200 and 500 pounds, are being introduced in an effort to reduce the shortage of banknotes in circulation and to alleviate the need for greater amounts of smaller denominations in a single cash transaction

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Liechtenstein: Tercentenary of state celebrated with new gold and silver collector coins

The treasury of Liechtenstein has announced (3rd February) a series of new coins that celebrate the 300th anniversary of the establishment of the Principality of Liechtenstein and will be available as part of the country’s national celebrations. Unveiled during the World Money Fair in Berlin by the company which has produced the series — Coin Invest Trust in Balzers, Liechtenstein

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Liechtenstein: Tercentenary of state celebrated with new gold and silver collector coins

The treasury of Liechtenstein has announced (3rd February) a series of new coins that celebrate the 300th anniversary of the establishment of the Principality of Liechtenstein and will be available as part of the country’s national celebrations. Unveiled during the World Money Fair in Berlin by the company which has produced the series — Coin Invest Trust in Balzers, Liechtenstein

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Sudan: Central Bank unveils new 100-pound denomination within current series

The Central Bank of Sudan has confirmed (28th January) the production of the new 100-pound banknote denomination which is expected to be released into general use toward the end of February. This denomination, as well as two additional banknote values of 200 and 500 pounds, are being introduced in an effort to reduce the shortage of banknotes in circulation and to alleviate the need for greater amounts of smaller denominations in a single cash transaction

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Bahamas: New half dollar banknotes debut as part of CRISP banknote series

The Central Bank of the Bahamas has released (24th January) their fourth banknote which is part of their current family of banknotes and incorporates CRISP technology. In keeping with its launch strategy for the CRISP Evolution (CE) family of banknotes which began in 2016 with the issue of the $10 denomination in 2016, the half dollar denomination was introduced into circulation and is the first complete re-design of this banknote denomination since 1984

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PCGS Set Registry is now both fun and games

(Santa Ana, California) January 16, 2019 — The Professional Coin Grading Service (PCGS) has added an intriguing and exciting new element of competition and additional awards to its popular PCGS Set Registry.
“It’s called the PCGS Set Registry Achievement Program, and it challenges current and new PCGS Set Registry members to earn points and accumulate digital achievement medals for their efforts

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PCGS Set Registry is now both fun and games

(Santa Ana, California) January 16, 2019 — The Professional Coin Grading Service (PCGS) has added an intriguing and exciting new element of competition and additional awards to its popular PCGS Set Registry.
“It’s called the PCGS Set Registry Achievement Program, and it challenges current and new PCGS Set Registry members to earn points and accumulate digital achievement medals for their efforts

Continue reading on Coin Update News

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United Kingdom: Costs revealed to replace previous £1 coin with new high-tech counterfeit-proof coin

The British Treasury has revealed the overall costs so far to replace the original one-pound coins which were replaced with a newer, high-tech circulation pound coin. The cost to the British taxpayer has thus reached more than £5,500,000 ($7,100,000), initially to collect the more than 1

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Coin Invest Trust: Golden Dragon Egg

Description

The egg-shaped blank depicts the coat of arms of Palau in micro minting, above REPUBLIC OF PALAU, and below, 1 $.

The reverse presents a dragon in the left field facing right, the background is partially designed to resemble black dragon skin

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The Isle of Man’s 2018 Angel

Description of the Coins
The obverse bears Jody Clark’s portrait of Queen Elizabeth II of England (signature JC above the right shoulder) with the inscription QUEEN ELIZABETH II • ISLE OF MAN • 2018.

The reverse shows Saint Michael slaying the devil in the shape of a dragon

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CIT: Evolution of life coin series – the Pterosaur

Description
The obverse features the coat of arms of the Mongolian National Bank,  while below is 500 Togrog, MONGOLIA 1 oz .999 SILVER in Latin spelling in the exergue

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Canada: Unique glacial-shaped silver coin features Arctic region and the life of the polar bear

The Royal Canadian Mint has released new collector coins which are a first in terms of shape and highlight a species of wildlife prevalent in the northernmost borders of the country.
Loving and strong, dedicated and ferocious, the polar bear (Ursus maritimus) has long been the most enduring symbol of the Arctic wilderness, where the sea ice that divides water and air is the cornerstone of life in the region

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ACDC: Black Ice coin by Coin Invest Trust

Description
The obverse features the portrait of Queen Elizabeth II designed by Ian Rank-Broadley (initials IRB) surrounded by the name of the monarch, the issuing country, and the denomination 10 DOLLARS.

The reverse shows a three-dimensional image of the cover of Black Ice, an ACDC album released in 2008

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Perth Mint gold app gives investors the Midas touch

Australia’s foremost precious metals enterprise, the Perth Mint, has today launched an exciting new smartphone app, GoldPass, as part of its commitment to taking Australian gold to the world.
At the touch of a smartphone screen, GoldPass gives retail investors the unique ability to securely buy, store, and sell gold via digital certificates

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Canada: Research and development features prominently on new next-generation coin prototype specimen

The Royal Canadian Mint has unveiled (3rd October) new techniques of minting and production that may feature on Canada’s next generation of circulation or collector coinage. The mint’s research and development laboratory has unveiled a new technique of coin production which could, in the future, feature on circulation, bullion, or collector’s coins

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Collectors get the chance to own a piece of history with exclusive products from the Royal Canadian Mint’s R+D Lab Collection

Ottawa, Ontario, October 3, 2018 — Though the keen collector’s search for rare and unusual numismatic finds is never at an end, it certainly got a little easier with the Royal Canadian Mint’s launch of a new “R+D Lab Collection.” These new experimental products, delivered straight from the test bed to the customer, offer a “behind the scenes” look at how the mint’s accomplished R+D teams in Ottawa and Winnipeg constantly test the boundaries of coin engineering and minting technologies

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Canada: New collector coins feature 3-D snowballs coming your way

The Royal Canadian Mint has released new collector coins which are just in time for the upcoming snowy season that is just around the corner for much of the continent, as winter visits in time for the holidays. Get ready for winter wonderland fun as a barrage of snowballs is about to come your way! The fort has been built, the snowballs tightly packed, and even the dog is in on the act

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Liberia: Authorities seek answers to the curious disappearance of new banknotes

The Liberian government has announced that they are vigorously investigating the unexplained disappearance of two huge shipments of Liberian dollar banknotes printed abroad and brought into the country. The administration of President George Weah has now approached the U

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La Catrina Skull coin

Description
The obverse of the silver version shows the coat of arms of the Republic of Palau, surrounded by the legend REPUBLIC OF PALAU; below is the face value of 5$. Above the inscription is

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United States Mint launches new educational games

Washington — The United States Mint proudly announces the release of its newest educational game: Counting with Coins. This game teaches basic math concepts and coin identification for grades K-2 in a fun grocery store setting

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The modern Alexandria: The conflagration of Brazil’s National Museum and what it means for the hobby

Before its consumption by flame on the night of September 2, the National Museum of Brazil — which was about to celebrate its bicentennial with a set of collector coins — held an impressive collection of over 20 million objects, including a scientific library stocked with 470,000 tomes. This is not to be confused with the National Historical Museum of Brazil, which contains the largest numismatic collection in Latin America, and remains safe

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Coin Invest Trust: Little Secrets coin

Description
The obverse is adorned with a delicate, lightly deepened floral pattern, onto which a round blank space is set in the upper middle of the coin, showing the portrait of the English Queen and the circumscription ELIZABETH II, 10 DOLLARS, COOK ISLANDS, and the year 2018.

The surface of the reverse takes up the floral pattern of the obverse

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Hong Kong Monetary Authority launches new banknote series from issuing banks

The Hong Kong Monetary Authority (HKMA), the central association which governs and regulates the issue of banknotes from the three commercial banks and issues currency banknotes in the City State has launched (23rd July) new banknotes and themes for the 2018–2019 series. The HKMA regulates the issue of banknotes from Note Issuing Banks (or NIB’s), which include the Hong Kong & Shanghai Banking Corporation, the Standard Chartered Bank, and the Bank of China — who issue these currency notes on behalf of the HKMA

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NLG 2018 symposium to focus on attracting new collectors online

(Philadelphia, PA) July 16, 2018 — The Numismatic Literary Guild (NLG), a nonprofit organization composed of hobby writers, editors, and content producers, will conduct its 2018 NLG Symposium from 10 a.m

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CIT’s Scarab Collection, Selection III: Secret Riddle, Solar Zenith, and Withering Blaze

Description
The obverse features a decorative floral pattern, onto which a round blank space is set in the upper middle of the coin, showing the portrait of the English Queen and the inscription ELIZABETH II, and COOK ISLANDS. The denomination and issue year are also included

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Cash is on the decline, but it’s far from finished

In a June 25 article by the Federal Reserve Bank of Atlanta entitled “Down but Not Out,” Payments Risk Expert Claire Greene outlined the various factors that influence the increase in cashless transactions. While an estimated one-third of consumer transactions are completed via the use of cash, the remaining two-thirds of those transactions are largely determined by the preferences of the merchant

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Former Yugoslav Republic of Macedonia (FYROM) introduces new polymer banknotes

The National Bank of Macedonia unveiled (24th April) the two denominations which will be issued as polymer banknotes starting today. The national bank has announced that the 10-denar (U

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What the U.S. Mint can learn from the Royal Mint’s Great British Coin Hunt

On March 1, the Royal Mint launched the Great British Coin Hunt, a project which saw the introduction of 26 new 10-pence coins related to British culture and history. The coins proceed alphabetically from “A” to “Z,” with themes like cricket for the letter “C” or James Bond for “B

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Bitcoin: Digital bullion, or just digital?

In a recent interview on the “Fast Money Halftime Report,” renowned trader Mark Fisher discussed the similarities between the current hype for the cryptocurrency Bitcoin and the silver rush seen in the late 1970s and 1980s. Fisher attributes Bitcoin’s rapid rise in value to its organic popularity (i

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Computerized Grading, Part 1: The Puzzle of Subjectivity

Prior to the metals rush of the 1980s, coin buyers had two options when purchasing coins: one, they could become numismatic gurus with detailed knowledge of the series they collected; or two, they could choose to trust a dealer who, hopefully, was honest.
Unfortunately, not all dealers were honest

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Whoever Figures Out Computerized Grading Will Be the Steve Jobs of Numismatics

Is the numismatic world ready for computerized grading?
For the past three decades we’ve relied on the opinions of others to evaluate and authenticate our coins. Are we ready to turn away from human opinions in favor of computer analytics? Most people don’t even like change—let alone embrace it—so I’d like to remind you of the baggage that comes along with human grading

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