Category Archives: Featured Articles

The San Francisco Mint’s 2018 Silver Reverse Proof Set to go on sale July 23

On July 23 at noon (ET), the San Francisco Mint’s 2018 Silver Reverse Proof Set (18XC) will go on sale on the Mint’s website. The set commemorates the 50th anniversary of the San Francisco Mint producing Proof coinage and features two lenses

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Despite decreased bullion sales in June, bullion coins may be the way of the future for U.S. coinage

From enduring decreased sales in June to battling worldwide counterfeiting operations, American bullion coins have taken a beating in 2018. However, from a collecting standpoint, bullion coins are coming into the limelight

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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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Bowers on collecting: The Cliff House and a special token

If you like San Francisco history, then you know all about the Cliff House. The name applies to three structures perched on the hillside overlooking Seal Rocks just outside of the Golden Gate

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Galaxies and Nebulae Silver Spinner series

In recent years, the most popular themes on modern world commemorative coins have undoubtedly been ancient mythology and astronomy with different mints producing many such series. But with so many different coins featuring planets, asteroids, space mining, and other topics related to astronomy and cosmology, coming up with something different has become more challenging

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The Indian Summer globe coin

Description
The obverse shows the portrait of the English Queen with the signature IRB for Ian Rank Broadley along with the legend ELIZABETH II – 1 DOLLAR – COOK ISLANDS. A broad border as well as the exergue of the coin — the numismatic term for the segment which is set apart by an imaginary baseline — are Frosted

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The CCAC and the 2020 and 2021 America the Beautiful quarters: Salt River Bay National Historical Park

Article 4 of 7
Previous: Weir Farm National Historic Site. Next: Marsh-Billings-Rockefeller National Historical Park

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The CCAC’s recommended designs for the 2020-2021 America the Beautiful quarters

The following is a list of the artist submissions for the 2020-2021 America the Beautiful quarter reverse designs that were reviewed at today’s Citizens Coinage Advisory Committee (CCAC) meeting. The designs cover the quarters commemorating Salt River Bay National Historical Park and Ecological Preserve, Marsh-Billings-Rockefeller National Historical Park, Weir Farm National Historic Site, the Tuskegee Airmen, the National Park of American Samoa, and the Tallgrass Prairie National Preserve

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The end of the trail: The CCAC and the 2020 and 2021 America the Beautiful quarters

Article 1 of 7
Monday, June 11, 2018, found me flying north from beautiful Atlanta, Georgia, to our nation’s bustling capital in Washington, D.C

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The CCAC and the 2020 and 2021 America the Beautiful quarters: National Park of America Samoa

Article 2 of 7
Previous: Introduction. Next: Weir Farm

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The CCAC and the 2020 and 2021 America the Beautiful quarters: National Park of America Samoa

Article 2 of 7
Previous: Introduction. Next: Weir Farm

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The end of the trail: The CCAC and the 2020 and 2021 America the Beautiful quarters

Article 1 of 7
Monday, June 11, 2018, found me flying north from beautiful Atlanta, Georgia, to our nation’s bustling capital in Washington, D.C

Continue reading on Coin Update News

The CCAC’s recommended designs for the 2020-2021 America the Beautiful quarters

The following is a list of the artist submissions for the 2020-2021 America the Beautiful quarter reverse designs that were reviewed at today’s Citizens Coinage Advisory Committee (CCAC) meeting. The designs cover the quarters commemorating Salt River Bay National Historical Park and Ecological Preserve, Marsh-Billings-Rockefeller National Historical Park, Weir Farm National Historic Site, the Tuskegee Airmen, the National Park of American Samoa, and the Tallgrass Prairie National Preserve

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The Mint’s 2018 Voyageurs National Park Quarter, Three-Coin Set to be released June 19 at noon

On June 19, 2018, at 12 noon (ET), the Mint is set to release the 2018 Voyageurs National Park Quarter, Three-Coin Set (18AF). Voyageurs National Park is the third national site to be featured this year in the Mint’s product releases and the 43rd to be released in the America the Beautiful Quarters Program

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U.S. Mint sales report: Week ending June 3, 2018

This U.S

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Poland: Silver crown coin salutes decisive and epic Battle of Hodów

The National Bank of Poland has issued (6th June) new collector silver coins which mark one of Poland’s most epic and decisive battles that was fought between the Kingdom of Poland and Crimean Khanate forces in June 1694 in the Ruthenian Voivodeship, or, the Principality of Galicia–Volhynia. The battle has been compared by historians and military tacticians as the “Polish Thermopylae,” inasmuch as the valiant defenders of Hodów were compared to the 300 Spartans defending Thermopylae

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Bowers on collecting: Invitation to a forum!

Next week in this column I plan to discuss “cleaning,” “artificial toning” and “conservation” of coins. I invite readers, including those who grade or certify coins for a living, to send me an e-mail with your thoughts at *protected email*

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Q&A: Are oddities, varieties, and errors still considered valuable when collecting current United States coinage?

The following Q&A is excerpted from Clifford Mishler’s Coins: Questions & Answers, 5th edition:
Q: I am confused by the seemingly endless variety of mint errors. Can you provide me with a breakdown of types?
A: Minting errors are generally categorized into three major groupings: Die/engraving errors, planchet errors, and striking errors

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Red Book recollections: Phil Bressett

Coin Update continues its series dedicated to reflecting on the long history of Whitman Publishing’s Guide Book of United States Coins, also known as the Red Book, now in its 72nd edition. “Red Book Recollections” features personal reflections written by Red Book contributors, collectors, and others with the aim of providing different perspectives on the long-lived reference work

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Three important special collections in Künker’s summer auctions, part four — Chinese, Russian, and gold coins

Four catalogues present the material of the Künker summer auctions from June 18-21, 2018. Among others, the auction will entail the Genaert collection with coins from the Spanish Netherlands, the Popken collection with coins from the House of Welf, and the Gunther Wiegrebe collection with coins and medals from Lippe

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Numismatic publishing: A look back at 2013

In August 2013 Mike Nottelmann and Matt Dinger of “The Coin Show” interviewed Whitman publisher Dennis Tucker at the American Numismatic Association World’s Fair of Money in Chicago. Their conversation, broadcast as Episode 66, touched on many aspects of numismatic publishing, writing, and research

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Bowers on collecting: Coins of the presidential administrations — James Madison

This week I give another overview of the coins issued during the administrations of various presidents from George Washington to date with a small selection of illustrations. To include all of the design types—never mind different dates and varieties—would far exceed the space available

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Three important special collections in Künker’s summer auctions, part three — German coins after 1871

Our catalogues present the material of the Künker summer auctions from June 18-21, 2018. Among others, the auction will entail the Genaert collection with coins from the Spanish Netherlands, the Popken collection with coins from the House of Welf, and the Gunther Wiegrebe collection with coins and medals from Lippe

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Three important special collections in Künker’s summer auctions, part one — the Genaert collection

Four catalogues present the material of the Künker summer auctions from June 18-21, 2018. Among others, the auction will entail the Genaert collection with coins from the Spanish Netherlands, the Popken collection with coins from the House of Welf, and the Gunther Wiegrebe collection with coins and medals from Lippe

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Bowers on collecting: Coins of the presidential administrations — Thomas Jefferson

This week I give another overview of the coins issued during the administrations of various presidents from George Washington to date with a small selection of illustrations. To include all of the design types—never mind different dates and varieties—would far exceed the space available

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When Oxford was the capital of England

For a few years during the English Civil War, Oxford acted as the royal capital. This article presents an extremely fine “triple unit” of Charles I from this period of time, which will be put to auction in the upcoming Künker auction on June 21, 2018

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U.S. Mint’s 2018 American Eagle One-Ounce Silver Uncirculated Coin to be released May 24 at noon

On May 24, 2018, at 12 noon (ET), the Mint’s 2018 American Eagle One- Ounce Silver Uncirculated Coin (18EG) will go on sale for $46.95

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Five-euro commemorative coin issued to mark 10 year anniversary of Malta’s adoption of the euro

The Central Bank of Malta issued a numismatic commemorative coin on May 9 to celebrate the 10-year anniversary of Malta’s adoption of the euro currency. This coin was struck by the Royal Dutch Mint in Brilliant Uncirculated cupro-nickel and has a limited mintage of just 2,000

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Affordable Capped Bust silver coinage

The Capped Bust series was the main design on United States silver coinage from 1807 to 1839, with half dollars being struck for the entire period, and half dimes, dimes, and quarters being struck for shorter periods during that same timeframe. Designed by John Reich, the design of these silver coins has a classic feel to them, and the various denominations have a dedicated collector following

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Bowers on collecting: Coins of the presidential administrations — John Adams

This week I give another overview of the coins issued during the administrations of various presidents from George Washington to date with a small selection of illustrations. To include all of the design types—never mind different dates and varieties—would far exceed the space available

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A few bank notes of the German hyperinflationary period

The hyperinflation period of Germany from 1922 to 1923 is one of the most turbulent times in economic history. In August 1914, at the start of World War I, it took 4

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How interest rate hikes and a lack of scarcity brought the U.S. Mint’s American Eagle gold coin sales to the lowest levels in a decade

U.S

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Q&A: Can recovered money issued by the Confederate States of America be redeemed for modern money?

The following Q&A is excerpted from Clifford Mishler’s Coins: Questions & Answers, 5th edition:
Q: What is the difference between “Confederate money” and “Southern States currency”?
A: “Confederate money” is considered to be that issued under the specific authorization of the Confederate States of America, with the first notes being issued in Montgomery and Richmond in early 1861, an authorized circulation limit of $1 million authorized by an Act of March 9, 1861, passed by the Confederate Congress. The seventh issue dated February 17, 1864, was the last, the authorization being for unlimited quantities, which likely amounted to about a billion dollars

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Red Book recollections: Jeff Garrett

Coin Update continues its series dedicated to reflecting on the long history of Whitman Publishing’s Guide Book of United States Coins, also known as the Red Book, now in its 72nd edition. “Red Book Recollections” features personal reflections written by Red Book contributors, collectors, and others with the aim of providing different perspectives on the long-lived reference work

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Bowers on collecting: Fifth Ward Museum Hotel

The Fifth Ward Museum Hotel was conducted by Thomas Riley and partners at 94 Broadway in New York City. Opened in 1826, it was an attraction from the start, further emphasized when a flagpole soaring 174 feet into the sky was erected on the ground next to it

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Bowers on collecting: Coins of the presidential administrations — George Washington

This week I start a new series: an overview of the various presidents from George Washington to date with a small selection of coins minted during their administration. To include all of the design types—never mind different dates and varieties—would far exceed the space available

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Switzerland: New silver coin continues the “Swiss Steamships” series featuring La Suisse

The Swiss Federal Mint have released (26th April) a new silver coin which continues with its three-part “Swiss Steamships” series started in 2017. The latest coin in the series is dedicated to the La Suisse steamship, which was first commissioned by the Sulzer brothers in 1908

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Even though they’re primarily paying with cards, millennials still prefer the feel of metal between their fingers

On April 23, 2018, an article by payments risk expert Douglas A. King revealed some shocking insight into the transaction habits of millennials, which Pew Research defines as an individual born between 1981 and 1996 (me)

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Lead Medallic Artist position opens up at the United States Mint in Philadelphia, applications accepted starting today

The United States Mint is now seeking a Lead Medallic Artist at its Philadelphia location. This position is primarily open to current or former federal employees (competitive service), surplus or displaced federal employees, veterans, and individuals with disabilities — however, any member of the public may apply under announcement 18-MINT-175-P

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Comparing and contrasting coin collecting with Pokémon card collecting

After hearing time and time again that my old Pokémon cards from the ’90s might be worth some money these days, I decided to go through my collection. Despite holding several first-edition cards, I was immediately presented with a problem that is wholly absent from the hobby of coin collecting

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Q&A: Do some Kennedy half dollars show where President Kennedy was hit by the assassin’s bullet?

The following Q&A is excerpted from Clifford Mishler’s Coins: Questions & Answers, 5th edition:
Q: A friend told me the slight bulge along the line of Kennedy’s neck on the half-dollar is intended to represent the point at which the bullet from the assassin’s rifle hit our late president. Is that true?
A: Absolutely not

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What happened to Kennedy half dollars?

On March 20, 2018, the United States Mint began its sale of 2018 Kennedy half dollar product options which include a 200-coin bag (product code 18KA) and a two-roll set (product code 18KB). These product options possess either the “D” or “P” mint mark, given their mint of origin, and what the Mint calls a “circulating finish” — though they have never been in circulation, and are available only through the Mint’s numismatic sales

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What makes a “successful” U.S. Mint program?

In his foreword to 100 Greatest U.S

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Bowers on collecting: Among my favorites — Sacagawea “golden dollars” part three

This week I continue and conclude my discussion of Sacagawea dollars. In 2000 they were released to the general public amid much publicity

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Red Book recollections: Neil Shafer

Coin Update continues its series dedicated to reflecting on the long history of Whitman Publishing’s Guide Book of United States Coins, also known as the Red Book, now in its 72nd edition. “Red Book Recollections” features personal reflections written by Red Book contributors, collectors, and others with the aim of providing different perspectives on the long-lived reference work

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Why we should stop minting pennies, or at least make them with cheaper materials

In 2017 alone, the United States Mint produced around 8.6 billion one-cent coins, or “pennies,” as they’re popularly known

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Bowers on collecting: Among my favorites — Sacagawea “golden dollars” part two

This week I continue my comments on Sacagawea dollars. Conceived in 1997 and designed in 1998, by 1999 they were ready to be minted

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The Dentuck Balto blog: Friday, March 23, 2018

Friday morning at the Baltimore Expo I spent some time at the Kids Korner, gearing up for the young collectors who storm the bourse in full force mostly on Saturday when they’re off school. In preparation, we sorted Lincoln cents by type (Wheat, Memorial, and Union Shield) and stuffed Whitman bags with coins, folders, albums, and other prizes

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What’s going on with gold?

Recently on CNBC’s “Trading Nation,” Larry McDonald, publisher of The Bear Traps Report, explained that gold is currently “breaking out.” He elucidated that gold has consistently held a relationship with interest rate hikes by the Federal Reserve and utilized the fictional characters of Charlie Brown and Lucy van Pelt as a metaphor to illustrate this relationship

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Celebrating the American Legion—and America’s veterans—with coins

What comes to mind when you think of the American Legion?
My thoughts go to my family and World War II. Many of my uncles served in the Army and Navy during the war, in places far distant from their homes in central New York

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The CCAC’s recommended designs for the 2019 American Legion coins

The following are descriptions of the artist submissions which won the most votes from Citizens Coinage Advisory Committee (CCAC) members for the gold, silver, and clad versions (obverse and reverse) of the upcoming American Legion coins:
Gold Obverse
AL-G-O-03 commemorates the inception of the American Legion and its mission to serve America and its war veterans. The outer geometric rim design from the American Legion emblem, the Eiffel Tower, and V for victory represent the formation of the organization in Paris in 1919 at the end of World War I

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Q&A: Do Mercury and Roosevelt dimes display references to paganism and Joseph Stalin?

The following Q&A is excerpted from Clifford Mishler’s Coins: Questions & Answers, 5th edition:
Q: Can you explain the contradiction of the Mercury dime bearing both the portrait of a pagan god and a motto stating national trust in the Christian God?
A: There is no contradiction. “Mercury dime” is a misnomer, for the ancient god Mercury is not depicted on the coin

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Last chance Roosevelt dime: When to give up on grading

Coin collecting is a lot like gambling when you get lucky — as I did with this spectacular 1964 Roosevelt dime — won with a $27 bid in Capitol Coin Auction and which graded MS-67+, worth $750.
Here’s how it looked in the Proxibid auction:
Here’s the PCGS certification:

After that jackpot experience, I was intent on finding other high-grade Roosevelt dimes, believing I had the Midas-hobbyist touch

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Red Book recollections: Robert Rhue

Coin Update continues its series dedicated to reflecting on the long history of Whitman Publishing’s Guide Book of United States Coins, also known as the Red Book, now in its 72nd edition. “Red Book Recollections” features personal reflections written by Red Book contributors, collectors, and others with the aim of providing different perspectives on the long-lived reference work

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Italy: Latest gold coin issued in “Roman Emperors” series remembers the legacy of Trajan

The Istituto Poligrafico Zecca della Stato (IPZS) have released (22nd February) their latest gold coin which is part of their ongoing “Roman Emperors” series chronicling those emperors who have made exceptional contributions to the growth and reach of the Roman Empire — much of which is still familiar in western society such as a senate and civil service.
The latest gold coin is in tribute to Marcus Ulpius Nerva Traianus (53 A

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Bowers on collecting: American medals to the fore — time out for some humor! The Huey Long toilet seat medal

Welcome to this week’s commentary, the seventh in a series about American medals. Heretofore I have selected winners from the 100 Greatest American Medals and Tokens, a best-selling Whitman book done by Katie Jaeger and I a few years ago

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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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Australia: Definitive silver commemorative coins celebrate Gold Coast XXI Commonwealth Games

The Royal Australian Mint have issued (5th March) both traditional silver crowns and a one-kilo silver mega coin in celebration of the upcoming Commonwealth Games, which commence with an elaborate opening ceremony on the 4th April. The Commonwealth Games are staged every four years in the same way as the Olympics and offer an opportunity for athletes from the Commonwealth of Nations and territories to compete in a variety of sports during a 10-day event

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United Kingdom launches new “Great British Coin Hunt” project and smartphone app about the A to Z of Britain

The Royal Mint have launched (1st March) a new Great British coin project which will see the issue of 26 new 10-pence coin designs whose theme is in line with the alphabet and highlights 26 of the country’s favourite or iconic references. From the date of the project’s launch, all 26 designs will be shown on the reverse side of 10-pence coins and will make their way into general circulation

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Poland: National hero August Emil Fieldorf features on latest “Enduring Soldiers” series silver coin

The Narodowy Bank Polski have issued (23rd February) collector coins which are part of the series “The Enduring Soldiers Persecuted by the Communists,” introduced last year, with the first coin dedicated to the memory of Danuta Siedzikówna (1928-1946). The latest and second coin in the series pays tribute to the national hero August Emil Fieldorf (1895–1953)

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Hungary: New silver coin honours army officer Artúr Görgei on the 200th anniversary of his birth

The National Bank of Hungary have issued (30th January) a new coin which is in remembrance of the 200th anniversary of the birth of Artúr Görgei (1818-1896), who is considered one of the country’s most esteemed military minds, and army officer who is credited with the staunch defence of Hungary’s declaration of independence in 1848. The coin also marks the 170th anniversary of Hungary’s 1848-49 revolution and war of independence

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Italy: Latest coin in the Europa Star Programme series features the Baroque period of art

The Istituto Poligrafico Zecca della Stato (IPZS) have released (22nd February) their latest coin which is part of the overall Europa Silver Star Programme. For 2018, the coin features the art which is part of the series “Ages of Europe — The Baroque Period” and the Europa Star Programme — an ongoing annual numismatic initiative begun in 2004

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Japan: First coins unveiled for Tokyo 2020 Olympic and Paralympic Games

The Finance Ministry of Japan have unveiled (22nd February) the first series of Olympic coinage which is scheduled for release later in 2018. The first coins in the series comprise a gold design, two silver designs, and two base metal designs — all highlighting the various sports which will feature during the Games of the XXXII Olympiad — commonly known as “Tokyo 2020

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Bowers on collecting: American medals to the fore — Pierre Eugène du Simitière

Welcome to the latest installment in my series on the subject. I highlight some of those featured in the best-selling Whitman book, 100 Greatest American Medals and Tokens

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Canada: New silver coin recognises 25 years of courage in combat

The Royal Canadian Mint have launched a new coin which remembers the 25th anniversary of one of Canada’s most prestigious honours that is associated with the military and service to the nation. Established on the 2nd February 1993, with royal ascent by Her Majesty Queen Elizabeth II, the Star of Military Valour is one of Canada’s highest military honours for valour in combat and courage under fire

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First 2018 Long Beach Heritage Auctions preview

The first of three annual Long Beach expositions is coming up again and will be held at the Long Beach convention center from February 22nd to 24th. In conjunction with the show, Heritage Auctions organizes one of their signature auctions of U

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Bowers on collecting: American medals to the fore — the 1787 Washington and Columbia medal

Welcome to the latest installment in my series on the subject. I highlight some of those featured in the best-selling Whitman book, 100 Greatest American Medals and Tokens

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France: Notable ”Women of France” historical coin series continues with Empress Joséphine

The Monnaie de Paris have launched their latest releases in the current coin series entitled “Women of France,” which features some of the country’s most notable women who have shaped or influenced French history, culture, and society. The series commenced in 2016 with the first coin honouring Queen Clotilde (474–545)

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Canada: “Thirteen Teachings from Grandmother Moon” features the awakening of the bear on new silver coin

The Royal Canadian Mint has released the second silver coloured coin which is part of their new series entitled “Thirteen Teachings from Grandmother Moon,” that features the folklore associated with indigenous teachings and stories associated with the lunar cycle. According to the teachings of Canada’s indigenous Anishnaabe people, who view every aspect of nature as a living relation that plays an active role in their lives, from the woodland cultures that extend from the eastern seaboard to the Great Lakes — Grandmother Moon is ever-present

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Canada: New silver and colour coin in “Gardens in Canada” series features the sovereign’s entrance

The Royal Canadian Mint have released the third silver and colour coin in their innovative series entitled “Gardens in Canada,” where various detailed and finely crafted gates are integrated into three-dimensional coin designs featuring vividly coloured depictions of some of Canada’s most outstanding gardens.
Inspired by the many public, national, and private gardens in Canada, the series captures the greatest vantage point where the garden is at its most splendid

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Finland: Fascinating culture of the Sami peoples featured on latest silver collector coins

The Mint of Finland have launched (18th January) new silver collector coins which offer a fascinating look into the indigenous Sami people and their culture which has developed on the northernmost part of the European continent since the end of the Ice Age.
Believed to be some of the very first inhabitants on the European continent, the Sami are also related to the Inuit people living in Greenland and the northern half of North America who migrated from Eurasia (what is today Siberia)

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Bowers on collecting: American medals to the fore — the 1805 Eccleston medal

Welcome to the latest installment in my series on the subject. I highlight some of those featured in the best-selling Whitman Publishing book, 100 Greatest American Medals and Tokens

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Ukraine: Winter Olympiad celebrated with new silver holographic crown coin

The National Bank of Ukraine have issued (11th January) two new coin denominations which were minted in support of the Ukrainian Winter Olympics team who are on their way to the XXIII Winter Olympiad, set to be hosted by the city of PyeongChang, South Korea. The first Ukrainian Winter Olympics team participated as an independent nation in the 1994 Games which were hosted in Lillehammer, Norway, and have participated in every Winter Olympiad since

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United Kingdom: Regal crown coin celebrates four royal generations of succession

The Royal Mint has launched (29th January) a new five-pound crown coin in recognition of the rare instance of four generations of the royal family who are in line to the throne, which is presently held by Her Majesty Queen Elizabeth II. Not since 1894 has there been four generations of the royal family who were in succession to the throne at the same time

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British Indian Ocean Territory: Beautiful lion and unicorn depicted on coronation anniversary crown coin

The government and treasury of the British Indian Ocean Territory have issued (25th January) a new crown coin and gold coin which were minted in celebration of one of most solemn events that took place in the United Kingdom 65 years ago: The Queen’s coronation.
It was nearly 66 years ago that the then-Princess Elizabeth acceded to the throne at the age of 25 upon the death of her father, King George VI

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Latvia: Commemorative €2 coin celebrating the centenary anniversary of independence released on the 31st January

The Bank of Latvia have announced on Wednesday, 31st January 2018 that they are officially issuing two-euro commemorative coins dedicated to the centenary of independence anniversaries of the three Baltic States. This celebratory year heralds the 100th anniversary of the declaration of independence of the Latvian and Estonian states and also the 100th anniversary of the re-establishment of Lithuanian statehood

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Bowers on collecting: American medals to the fore — medals, tokens, and medalets

Welcome to the second installment in my series on the subject of American medals. I highlight some of those featured in the best-selling Whitman book, The 100 Greatest American Medals and Tokens, now with additional comments and updates

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British Indian Ocean Territory: Majestic manta ray depicted on new deep blue titanium crown coin

The government and treasury of the British Indian Ocean Territory (BIOT) have issued (16th January) a new crown coin produced in both titanium and cupro-nickel which features the manta ray — an incredibly majestic creature known for its immense size and graceful nature.
Manta rays are found adjacent to tropical regions in warm or temperate waters and are large rays with triangular pectoral fins, horn-shaped cephalic fins, and gaping forward-facing mouths

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Sky-high rainbow toned eagles: Bid carefully

Three years ago on this site, I warned bidders to snatch toned American silver eagles, especially PCI-rainbow ones, before prices skyrocketed. The post was subtitled “Get ‘Em While You Can

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China: Lunar New Year celebrations observed with new silver coins

The People’s Bank of China have issued new silver coins in celebration of the upcoming Lunar New Year, which will be observed on the 16th February according to the Gregorian (western) calendar. The People’s Bank first launched the Lunar New Year Silver Commemorative Coin Project in 2015 and has proven to be very popular with many Chinese citizens who have given the coins as tokens of celebration or welcome gifts

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Bowers on collecting: American medals to the fore — a retrospective

It seems like only yesterday, but it was over a decade ago that Katherine Jaeger and I created The 100 Greatest American Medals and Tokens for Whitman Publishing. This title has been very popular and remains in print

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Canada: Iconic Inuksuk landmarks feature on new gold-plated silver coin

The Royal Canadian Mint have released a new silver coin which highlights one of the country’s more recognisable landmarks predominantly seen in the more northern locations of Canada, that of the Inuksuk. The rough-hewn elegance and spiritual meaning of the Inuksuk confirms its practicality as a navigational and communication tool for Arctic travellers

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“Tried, tested, and true”—Rick Tomaska is the perfect author for a book on Franklin and Kennedy half dollars

I first met Rick Tomaska (virtually, through email and phone conversations) in the early weeks of 2005, not long after I came aboard as publisher at Whitman Publishing. Editorial work was underway on the 59th edition of the Guide Book of United States Coins (the hobby’s popular “Red Book”), and Rick shared his knowledge of Special Mint Sets, cameo designations, and coin pricing

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Hobby’s demand inspired a special book on Carson City Morgan dollars

The Morgan silver dollar is one of the most popular American coins of recent generations. We see evidence of this all the time here at Whitman Publishing, in daily communication with coin collectors across the nation

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Bowers on collecting: Facts, fantasies, and opinions about the Bank of the United States

I love history, and over a period of time, I have immersed myself in many accounts published in early newspapers, books, and directories. These include Niles’ Weekly Register, launched in Baltimore in 1811, and continued for decades afterward

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Taiwan: Year of the Dog greeted with new commemorative and collector coins

The Central Bank of the Republic of Taiwan have announced (16th January) that two collector coins will be issued in celebration of the Lunar New Year and the ushering in of the Year of the Dog. The Lunar New Year arrives on the 18th February 2018, and ends on the 4th February 2019, with the year being dedicated to the Dog

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Bowers on collecting: Facts and fantasies about the Bank of the United States

I love history, and over a period of time, I have immersed myself in many accounts published in early newspapers, books, and directories. These include Niles’ Weekly Register, launched in Baltimore in 1811, and continued for decades afterward

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Top 10 modern coins of 2017

“Lower lows,” “soft market,” “tough days for flippers,” — these are the kind of bearish sentiments one hears or reads about frequently when it comes to the modern coin market, including U.S

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Grading Uncirculated Peace dollars

You would think that a coin as large as the Peace dollar, with generous fields, would be easier to grade than most other denominations. But that’s not the case, as they tend to rank as one of the most difficult to grade because so much more than the condition of devices plays a key role in ascertaining a final grade that, perhaps, is not even the final word since so much here is subjective

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Numismatic ambassadorship: Inspiration to keep serving the hobby

Last week I received (in absentia) a wonderful honor—a Numismatic Ambassador Award.
I remember first reading about these awards when I was a young collector back in the 1980s

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United Kingdom: Centenary anniversary of the end of the Great War observed with new £2 coin

The Royal Mint have unveiled (1st January) the design for the final commemorative two-pound coin in their ongoing series which marks the centenary anniversary of the commencement and conclusion of the Great War in Europe. The deadly conflict, which was described 100 years ago as the “war to end all wars,” began in July 1914 with the assassination of the heir to the Austrian-Hungarian throne

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Bowers on collecting: Collecting Morgan silver dollars part two

Continuing from my last column, I told about the release at the Philadelphia Mint in November 1962 of quantities of 1903-O dollars, hundreds of thousands of them. At the time the 1903-O cataloged in Mint State for $1,500 in the Guide Book of United States Coins, with no others priced higher

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Final NYINC Stack’s Bowers auction preview: World paper money

One of the first major paper money auctions of the year will be organized by Stack’s Bowers during the New York International Numismatic Convention (NYINC), held from January 12 to 14 at the Grand Hyatt in downtown Manhattan. A show that traditionally has been held at the Waldorf Astoria, it has now moved up the street to an entirely new venue

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A preview of the world and ancient coins at the NYINC Stack’s Bowers auction

The New York International Numismatic Convention (NYINC) is one of the most prestigious shows focused on ancient and world numismatics. Organized in 2018 from January 12 to 14 at the Grand Hyatt in Manhattan, it has moved down the street from its long-time home at the Waldorf Astoria

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Australia: Young collector picks his own lottery number to strike first coin for 2018

For many coin collectors down under, the Royal Australian Mint plays a very important part of their routine in terms of eventful New Year’s Eve celebrations. For almost two decades, eager collectors have stood out in line overnight — even spending more than one night in front of the mint complex — in order to be the first Australian to strike the first coin for the New Year

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United Kingdom: Fantastic two-pound coin issued to mark the 200th anniversary of the publication of Frankenstein

The Royal Mint have unveiled (1st January) the new design of the third commemorative two-pound coin issued in remembrance of the 200th anniversary of the publication of Mary Shelley’s Frankenstein — a work of fiction which was to take the world by storm in terms of originality and imagination.
On a stormy night in 1816, a group of friends gathered at a villa on the shores of Lake Geneva to tell each other ghost stories

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Collecting silver Morgan dollars

Welcome to my new series of columns. Over a period of time, I will touch on various subjects — from the popular, as here, to the obscure

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Ukraine: Centenary anniversary of National Academy of Fine Arts and Architecture celebrated with new silver coin

The National Bank of Ukraine have issued (7th December) two new collector coins which are minted in celebration of the 100th anniversary of the establishment of the National Academy of Fine Arts and Architecture, which is the successor of the Ukrainian State Academy of Arts. Founded on the 18th December 1917, on the initiative of prominent public figures, patrons of the arts, and artists, the academy was inaugurated at a time of great hardship in Ukraine

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Weekly column by Q. David Bowers to commence this Wednesday

This Wednesday, January 3, 2018, Coin Update and Mint News Blog will commence hosting weekly columns by renowned numismatist and author Q. David Bowers

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Australia: New Year’s Eve celebrated with new silver Sydney skyline colour coin

The Royal Australian Mint has launched their 2018-dated New Year’s coin which has become eagerly anticipated as one of the first coins to carry the New Year and has also developed into a new annual series. For the fifth time, the Royal Australian Mint has come together with the city of Sydney to capture an evening of wonder with this striking coin

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Q&A: Why is there less color variation in U.S. paper money?

The following Q&A is excerpted from Clifford Mishler’s Coins: Questions & Answers, 5th edition:
Q: The color green is so historically traditional the backs of our paper money that we refer to U.S

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A preview of the 2018 New York International Numismatic Convention

The New York International Numismatic Convention (NYINC) is traditionally held sometime during the first few weeks of the year. Taking place for many years at the Waldorf-Astoria in downtown Manhattan, the show has now moved down the block to the Grand Hyatt for the first time, where it will be held from January 12th to the 14th

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Greece: Famed artist is featured on first Greek collector coin to include colour

The Bank of Greece have issued (12th December) a new collector coin which is minted in remembrance of the 175th birthday of one of the country’s most important and celebrated artists, Nikolaos Gyzis, (1842-1901). Gyzis is considered one of the finest modern Greek painters and whose influence in the discipline has been far-reaching outside the borders of the Greek state

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Can you pass the no-bid coin test?

Below you will find a dozen screen shots of problem coin lots that a knowledgeable hobbyist would never bid on. Can you identify the issue on the coin, label, flip, or description?
I’ll provide a hint with each sample

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Merry Christmas and Happy New Year to all of our valued readers

I would like to take this opportunity to wish all of our readers who have visited Coin Update this year a very happy holiday season. Christmas and the New Year seem to always arrive so soon and leave us all too quickly

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Finland unveils new silver coin to remember the 200th anniversary of the birth of Zacharias Topelius

The Mint of Finland have launched (18th December) a new coin which was created in honour of the country’s best-known author, poet, journalist, and historian. Once regarded as one of the most influential figures in society, Zacharias Topelius (1818-1898) is still remembered today as a master storyteller and as a lyricist of best-loved Christmas carols

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Star Wars: The Last Jedi — and the coins to match

Last Friday, December 15, 2017, Star Wars: The Last Jedi opened in theaters and scored the second largest opening in sales ever, only to be outdone by the previous installment, The Force Awakens, which was released two years prior. After earning a staggering $450 million in just three days, the film appears to be another box office success

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Specimen 1795 Dollar and error rarities highlight Heritage Auctions’ U.S. Coins FUN Sale January 3-8

1943 Bronze Cents from Philadelphia and San Francisco featured in January 4 Platinum Night
Dallas, Texas (December 18, 2017) — Nearly 7,000 lots from private collections, including early U.S

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Armenia: New technology incorporated into latest bank note featuring Noah’s Ark theme

The Central Bank of Armenia have issued (22nd November) a new commemorative bank note which pays homage to the story of Noah’s Ark — a biblical story which has a particular connection to the land of Armenia and its people. In the Book of Genesis, the Mountains of Ararat are the place where Noah’s Ark came to rest after the great flood

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Specimen 1795 Dollar and error rarities highlight Heritage Auctions’ U.S. Coins FUN Sale January 3-8

1943 Bronze Cents from Philadelphia and San Francisco featured in January 4 Platinum Night
Dallas, Texas (December 18, 2017) — Nearly 7,000 lots from private collections, including early U.S

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A silver bar walks into a mint

By Gabriel Leif Bellman
A surprise 2017 release from the Mexican Mint comes to us in kilo silver. The first surprise is that the 2017 kilo silver Libertad is the key to the series

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Stack’s Bowers Galleries presents the Joel R. Anderson Collection of United States Paper Money

SANTA ANA, CALIFORNIA — With great pleasure, Stack’s Bowers Galleries brings to market The Joel R. Anderson Collection of United States paper money, the largest, finest, and most complete collection of large size United States paper money types in existence today

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Gibraltar: First 50-pence coin issued with a Christmas theme

The government and treasury of Gibraltar have issued (13th December) a new 50-pence coin and is their first such coin to celebrate Christmas and the New Year. During the holiday season, coins are often exchanged as gifts since the story of the Nativity teaches that the three kings (or wise men), seeking out the Messiah, came upon the baby Jesus who was born in a manger

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Star Wars: The Last Jedi — and the coins to match

Last Friday, December 15, 2017, Star Wars: The Last Jedi opened in theaters and scored the second largest opening in sales ever, only to be outdone by the previous installment, The Force Awakens, which was released two years prior. After earning a staggering $450 million in just three days, the film appears to be another box office success

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Gibraltar: First 50-pence coin issued with a Christmas theme

The government and treasury of Gibraltar have issued (13th December) a new 50-pence coin and is their first such coin to celebrate Christmas and the New Year. During the holiday season, coins are often exchanged as gifts since the story of the Nativity teaches that the three kings (or wise men), seeking out the Messiah, came upon the baby Jesus who was born in a manger

Continue reading on Coin Update News

Stack’s Bowers Galleries presents the Joel R. Anderson Collection of United States Paper Money

SANTA ANA, CALIFORNIA — With great pleasure, Stack’s Bowers Galleries brings to market The Joel R. Anderson Collection of United States paper money, the largest, finest, and most complete collection of large size United States paper money types in existence today

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A silver bar walks into a mint

By Gabriel Leif Bellman
A surprise 2017 release from the Mexican Mint comes to us in kilo silver. The first surprise is that the 2017 kilo silver Libertad is the key to the series

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Affordable colonial era foreign coins

18th-century colonial America (and even into the 19th-century) saw a wide variety of coins in circulation to satisfy monetary demand. Many of these early American and American-related coinage are very rare and highly demanded by colonial coin specialists (such as the crudely struck 1652 New England coinage)

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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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Affordable colonial coinage

Colonial American coins are somewhat of a misnomer in the field of numismatics. While many of them were indeed struck before the United States declared independence from Great Britain, others were made afterward, yet are still classified as colonial coins

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Peruvian coin selected “Best in the World” by Real House of Coin

The Real House of Coin in Spain awarded this coin for having the “Best Design in History.”
Two years after announcing the creation of 5-sol coins, Peru has written a new chapter in their award-winning history when the 1-sol coin, the Ceramic Shipibo Konibo of Ucayaliwas, was awarded the 2017 Nexonum ”Best in the World” in the category of “Legal Course Currency of 2016

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USS Constitution Museum launches limited edition collector’s medallion minted from copper salvaged from the famous ship

The USS Constitution Museum, named after the planet’s oldest still-commissioned vessel, the USS Constitution, has revealed that it is offering a limited edition medallion minted from copper taken from the ship itself. The USS Constitution was named by none other than President George Washington himself, and has stayed afloat since its launch in 1797

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Review of NGC versus PCGS

Last year at this time NGC chairman Mark Salzberg made this announcement, on which he expanded at the beginning of 2017:
[A]ll coins currently in NGC Registry sets—including those graded by other services—will be allowed to stay in those sets. There will be no NGC Registry point deductions or rank changes for these coins or sets

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World’s most valuable private coin collection revealed

The Tyrant Collection is to be displayed in a multi-year series of exhibits at the Long Beach Expo
(Beverly Hills, California) November 27, 2017 — The existence of a previously unreported collection of the world’s most famous and valuable ancient, world, and United States rare coins is being revealed for the first time. The Tyrant Collection, which includes a treasured 1937 Edward VIII Proof set, will be publicly displayed over the course of several years through a series of exhibits at upcoming Long Beach Expo conventions

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Over $15.4 million in U.S. coins and currency sold at Stack’s Bowers Galleries’ official auction of the 2017 Whitman Coins & Collectibles Winter Expo

SANTA ANA, CALIFORNIA — The official auction of the 2017 Whitman Coins & Collectibles Winter Expo held by Stack’s Bowers Galleries was an astounding success, realizing over $13.3 million across eight sessions of United States coinage and related issues

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The evolution of American quarters

The following is an excerpt written by AIP designer Barbara Fox from the Guide Book of Washington Quarters, 2nd edition
From 1932 to 1999, our quarters all looked the same. The dates changed every year, but George Washington’s profile remained stoically on one side, and an eagle gracefully lifted his wings on the reverse

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Ascension: 70-ounce mega-sized silver coin celebrates an extraordinary royal anniversary

The government and treasury of Ascension Island have issued (14th November) an extraordinary tribute for the platinum wedding anniversary of HM Queen Elizabeth II and HRH Prince Philip, the Duke of Edinburgh, who reached this milestone today (20th November 2017). A 70-ounce silver Proof coin has been produced for the anniversary with a very limited mintage

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How counterfeiting could one day be irrevocably stifled by smartphone apps

Yesterday, the coin-collecting hobby got an update for the next generation: Lookzee. The app takes advantage of an iPhone’s camera to take an image of a collector’s coin, which is then cross-referenced against a database built from thousands of coins sorted by Tim Rathjen’s revolutionary “Machine

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Lookzee arrives to App Store, IOS users may download immediately

Bellingham, Washington — Stamp and Coin Place is pleased to announce the release of Lookzee, a smart, efficient, and easy way to image and share coins. Among Lookzee’s features are easy image acquisition, computer vision-assisted image handling, account creation with options for saving coin images, and in-app open chat forums to share and discuss coins

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The psychological profile of a counterfeiter, according to Criminal Minds

Recently, I happened to get back into watching the show Criminal Minds, which centers around the Federal Bureau of Investigation’s (FBI) Behavioral Analysis Unit (BAU). While most television crime shows tend to focus on the forensic and anthropological aspects of violent crimes, Criminal Minds, in keeping with its namesake, tends to focus on the psychological aspects of criminally deviant behavior

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Monaco: Numismatics gears up for upcoming international Monte Carlo auction and coin show

Monaco’s “Numismatique 2017” is fast approaching, and Editions Gadoury (the Monte Carlo–based coin and auction company who are known publishers of a wide selection of catalogues and price guides of world coins) are also the organisers of the event, and are keeping busy making final preparations. The upcoming show will be the 25th year of Monte Carlo’s Grand Bourse Numismatique et Cartophile, which brings together coins, stamps, bank notes, medals, and historic postcards under one bourse

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Q&A: How can I maximize my future profit when buying a coin?

The following Q&A is excerpted from Clifford Mishler’s Coins: Questions & Answers, 5th edition:
Q: I have often been told that when buying a given coin, one should always buy an example of the best quality available, but I am wondering if there is valid justification for paying a multiple of ten times more for an MS-65 (Select) than for an MS-63 (Uncirculated with attractive eye appeal), or a like multiple for an MS-67 (Gem) over and MS-65.
A: The practice of buying the best quality available is certainly an appropriate and applicable rule

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Guide-Book-United-States-Coins-Red-Book-2018-71st-Rittenhouse-2

Red Book recollections: Ginger Rapsus

Coin Update continues its series dedicated to reflecting on the long history of Whitman Publishing’s Guide Book of United States Coins, also known as the Red Book, now in its 70th edition. “Red Book Recollections” features personal reflections written by Red Book contributors, collectors, and others with the aim of providing different perspectives on the long-lived reference work

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The centenary anniversary of President Kennedy’s birth passes us by while many more are still concerned learning about his death

Following the initial release of 2,891 documents previously withheld by the Central Intelligence Agency (CIA) relating to the assassination of President John F. Kennedy on Thursday, October 19, the Internet went up in storm

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Bank notes of the Cayman Islands

The Cayman Islands — known for their offshore bank accounts, sandy beaches, great snorkeling, and more — are a group of three individual islands located in the western Caribbean Sea. An autonomous British Caribbean territory, the islands did not have an indigenous population but were first settled by the British towards the end of the 17th century

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Design of Bob Dole Congressional Gold Medal approved at last Wednesday’s CCAC meeting

Last Wednesday, October 25, 2017, the Citizens Coinage Advisory Committee (CCAC) held a meeting to discuss the design of the upcoming Congressional Gold Medal to honor Bob Dole. Bob Dole is a lawyer, former congressman of Kansas, former Republican Leader of the United States Senate, and 1996 presidential candidate who is renowned for his valiant service in World War II

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U.S. Mint posts complete 2018 calendar

The Mint has begun filling in its calendar-year 2018 sales schedule—and in a move that will be welcomed by collectors, the Mint has abandoned this year’s one-month-at-a-time announcement style. In years past, the Mint announced the first few months’ release dates in detail, then provided a general quarterly schedule for the rest of the year

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U.S. Mint posts complete 2018 calendar

The Mint has begun filling in its calendar-year 2018 sales schedule—and in a move that will be welcomed by collectors, the Mint has abandoned this year’s one-month-at-a-time announcement style. In years past, the Mint announced the first few months’ release dates in detail, then provided a general quarterly schedule for the rest of the year

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PCGS certifies two highly unusual and rare Washington quarter errors

 

(Newport Beach, California) – The Professional Coin Grading Service recently certified two extremely rare and unusual Washington quarter errors.
The first is the third-known example of a two-tailed quarter, likely struck in the 1965–1967 period

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PCGS certifies two highly unusual and rare Washington quarter errors

 

(Newport Beach, California) – The Professional Coin Grading Service recently certified two extremely rare and unusual Washington quarter errors.
The first is the third-known example of a two-tailed quarter, likely struck in the 1965–1967 period

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United States Mint announces designs for World War I Centennial Silver Medals

WASHINGTON – The United States Mint today revealed the obverse (heads) and reverse (tails) designs for five silver medals that will be issued in conjunction with the 2018 World War I Centennial Silver Dollar. Each medal, composed of 90 percent silver, pays homage to branches of the U

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With order limit removed, 2017 Limited Edition Silver Proof Set achieves “sellout”

As of Sunday morning (October 9), the 2017 Limited Edition Silver Proof Set appears to have reached the sellout point. The sets were released at noon on October 5 with a household order limit of two

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With order limit removed, 2017 Limited Edition Silver Proof Set achieves “sellout”

As of Sunday morning (October 9), the 2017 Limited Edition Silver Proof Set appears to have reached the sellout point. The sets were released at noon on October 5 with a household order limit of two

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How fonts can make or break a project, numismatic or otherwise

A recent Saturday Night Live (SNL) skit has indirectly called good-natured attention to Chris Costello, who has designed the reverse of the 2014 America the Beautiful Quarters, the silver obverse of the 2016 Mark Twain gold commemorative coins, and the reverse for the 2016 National Park Service 100th Anniversary commemorative silver coins for the U.S

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How fonts can make or break a project, numismatic or otherwise

A recent Saturday Night Live (SNL) skit has indirectly called good-natured attention to Chris Costello, who has designed the reverse of the 2014 America the Beautiful Quarters, the silver obverse of the 2016 Mark Twain gold commemorative coins, and the reverse for the 2016 National Park Service 100th Anniversary commemorative silver coins for the U.S

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Revised “Yellow Book” a must-have guide for all collectors

The revised and updated edition of Whitman Guide to Coin Collecting includes the basics from previous editions along with pertinent new information for both newcomers and experienced numismatists. In this review, we’ll cover in depth the content for new hobbyists, but we also want to address the numismatic experts early in this critique

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Our 2019 America the Beautiful Quarters take shape: CCAC advises the Treasury on five historic new coins, part 4

Part 4 of 6: San Antonio Missions National Historical Park Quarter (Texas)
Another souvenir I bought during my September visit to United States Mint headquarters in Washington was an Uncirculated five-ounce version of the Ellis Island America the Beautiful quarter. The Philadelphia Mint strikes these large (three-inch–diameter) coins in 99

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Our 2019 America the Beautiful Quarters take shape: CCAC advises the Treasury on five historic new coins, part 4

Part 4 of 6: San Antonio Missions National Historical Park Quarter (Texas)
Another souvenir I bought during my September visit to United States Mint headquarters in Washington was an Uncirculated five-ounce version of the Ellis Island America the Beautiful quarter. The Philadelphia Mint strikes these large (three-inch–diameter) coins in 99

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Revised “Yellow Book” a must-have guide for all collectors

The revised and updated edition of Whitman Guide to Coin Collecting includes the basics from previous editions along with pertinent new information for both newcomers and experienced numismatists. In this review, we’ll cover in depth the content for new hobbyists, but we also want to address the numismatic experts early in this critique

Continue reading on Coin Update News

Our 2019 America the Beautiful Quarters take shape: CCAC advises the Treasury on five historic new coins

Part 1 of 6: The Lowell National Historical Park Quarter
This past Tuesday, September 19, 2017, I enjoyed a leisurely breakfast with fellow Citizens Coinage Advisory Committee (CCAC) members Thomas Uram and Erik Jansen on H Street in downtown Washington, D.C

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Our 2019 America the Beautiful Quarters take shape: CCAC advises the Treasury on five historic new coins part 2

Part 2 of 6: The American Memorial Park Quarter (Northern Mariana Islands)
My late-morning flight from Atlanta to the September 19, 2017, Citizens Coinage Advisory Committee meeting in Washington was quick and easy—no delays, no bad weather or turbulence. It’s an hour-and-a-half trip from The Big Peach to our nation’s capital

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Our 2019 America the Beautiful Quarters take shape: CCAC advises the Treasury on five historic new coins, part 3

Part 3 of 6: War in the Pacific National Historical Park Quarter (Guam)
Every time I go to Washington for a meeting of the Citizens Coinage Advisory Committee, I visit the gift shop on the ground floor of United States Mint headquarters at 801 Ninth Street. Most of the facility is closed to the public, but the lobby gift shop (they call it a “sales counter”) is open from 10:00 a

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Our 2019 America the Beautiful Quarters take shape: CCAC advises the Treasury on five historic new coins part 2

Part 2 of 6: The American Memorial Park Quarter (Northern Mariana Islands)
My late-morning flight from Atlanta to the September 19, 2017, Citizens Coinage Advisory Committee meeting in Washington was quick and easy—no delays, no bad weather or turbulence. It’s an hour-and-a-half trip from The Big Peach to our nation’s capital

Continue reading on Coin Update News

Our 2019 America the Beautiful Quarters take shape: CCAC advises the Treasury on five historic new coins

Part 1 of 6: The Lowell National Historical Park Quarter
This past Tuesday, September 19, 2017, I enjoyed a leisurely breakfast with fellow Citizens Coinage Advisory Committee (CCAC) members Thomas Uram and Erik Jansen on H Street in downtown Washington, D.C

Continue reading on Coin Update News

First photos of the 2017 American Eagle palladium bullion coin

The Mint will begin selling its 1-ounce American Eagle palladium bullion coin to Authorized Purchasers (APs) on September 25. Until now, no photos of the coins have been available, and the curious have had to content themselves with photos of the plaster models or with graphic designers’ renderings

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First photos of the 2017 American Eagle palladium bullion coin

The Mint will begin selling its 1-ounce American Eagle palladium bullion coin to Authorized Purchasers (APs) on September 25. Until now, no photos of the coins have been available, and the curious have had to content themselves with photos of the plaster models or with graphic designers’ renderings

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A new book for the serious coin collector: Inside the Rare Coin Marketplace

“Buy the book before the coin” is good, solid, often-quoted advice for newcomers to the hobby. Frankly, it’s guidance for a lifetime of collecting; we should all heed it well beyond the beginner stage

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Specimen and Prooflike Canadian coins to receive Cameo and Deep Cameo designations from PCGS

Effective September 1, 2017, the Professional Coin Grading Service (PCGS) will begin recognizing Cameo and Deep Cameo contrast on MS-60 and higher Canadian Specimen and Prooflike (PL) issues.
According to Mike Sargent, director of World Coin Grading for PCGS, this move is being made in response to numerous inquiries and requests from the Canadian numismatic community

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Good photos of bad coins: An example of crowdsourcing and numismatic publishing

What’s the state of numismatic publishing today? Coin collectors are spoiled! Or at least it feels like we are when it comes to photographs in numismatic books, compared to fifteen or twenty years ago and more. Full color, high resolution, and visual perfection are the order of the day for 21st-century hobbyists

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Good photos of bad coins: An example of crowdsourcing and numismatic publishing

What’s the state of numismatic publishing today? Coin collectors are spoiled! Or at least it feels like we are when it comes to photographs in numismatic books, compared to fifteen or twenty years ago and more. Full color, high resolution, and visual perfection are the order of the day for 21st-century hobbyists

Continue reading on Coin Update News

Specimen and Prooflike Canadian coins to receive Cameo and Deep Cameo designations from PCGS

Effective September 1, 2017, the Professional Coin Grading Service (PCGS) will begin recognizing Cameo and Deep Cameo contrast on MS-60 and higher Canadian Specimen and Prooflike (PL) issues.
According to Mike Sargent, director of World Coin Grading for PCGS, this move is being made in response to numerous inquiries and requests from the Canadian numismatic community

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Whitman Publishing releases expanded new edition of A Guide Book of Lincoln Cents

Whitman Publishing has released an expanded, updated second edition of its best-selling Guide Book of Lincoln Cents, a popular entry in the Bowers Series of numismatic titles. The book continues in the tradition of the Guide Book of Morgan Silver Dollars and other Bowers Series guides, now numbering more than two dozen volumes

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Whitman Publishing releases expanded new edition of A Guide Book of Lincoln Cents

Whitman Publishing has released an expanded, updated second edition of its best-selling Guide Book of Lincoln Cents, a popular entry in the Bowers Series of numismatic titles. The book continues in the tradition of the Guide Book of Morgan Silver Dollars and other Bowers Series guides, now numbering more than two dozen volumes

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Whitman Publishing releases an overview of So-Called Dollars

(Pelham, Alabama) — The third edition of MEGA RED (the Deluxe Edition of the Guide Book of United States Coins) includes a ten-page full-color appendix on So-Called Dollars, a class of nearly 800 different historical medals, many of them struck by the United States Mint.
The section’s author, Jeff Shevlin, is a specialist in the field

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Fourth and final coin in popular Beatrix Potter 2017 Collection now available for pre-order

The fourth and final release in the Beatrix Potter 2017 Collection features Benjamin Bunny and is now available for pre-order. The Tale of Benjamin Bunny is distinct from Potter’s other four books given that the story was written entirely from scratch, unlike the aforementioned which were based on her own private letters

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Fourth and final coin in popular Beatrix Potter 2017 Collection now available for pre-order

The fourth and final release in the Beatrix Potter 2017 Collection features Benjamin Bunny and is now available for pre-order. The Tale of Benjamin Bunny is distinct from Potter’s other four books given that the story was written entirely from scratch, unlike the aforementioned which were based on her own private letters

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Whitman Publishing releases an overview of So-Called Dollars

(Pelham, Alabama) — The third edition of MEGA RED (the Deluxe Edition of the Guide Book of United States Coins) includes a ten-page full-color appendix on So-Called Dollars, a class of nearly 800 different historical medals, many of them struck by the United States Mint.
The section’s author, Jeff Shevlin, is a specialist in the field

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Whitman Publishing wants your Roosevelt dimes

(Pelham, Alabama) — Whitman Publishing is looking for sharp, high-resolution photographs of Roosevelt dimes, 1946 to date, including die varieties, to illustrate the fourth edition of MEGA RED (the Deluxe Edition of the Guide Book of United States Coins). Hobbyists who share their photographs will be credited in the book’s acknowledgments

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Bashlow’s satirical anti-Kennedy medal highlighted in The Kennedy World in Medallic Art

(Atlanta, Georgia) – In September 2014, Whitman Publishing introduced The Kennedy World in Medallic Art: John F. Kennedy and His Family in Medals, Coins, Tokens, and Other Collectibles, by William R

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Whitman Publishing wants your Roosevelt dimes

(Pelham, Alabama) — Whitman Publishing is looking for sharp, high-resolution photographs of Roosevelt dimes, 1946 to date, including die varieties, to illustrate the fourth edition of MEGA RED (the Deluxe Edition of the Guide Book of United States Coins). Hobbyists who share their photographs will be credited in the book’s acknowledgments

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Whitman releases 7th Edition of Kenneth Bressett’s Guide Book of United States Currency

(Atlanta, Georgia)—Whitman Publishing has released the new, seventh edition of the Guide Book of United States Currency, a guide to American paper money by Kenneth Bressett, former president of the American Numismatic Association and longtime senior editor of the Guide Book of United States Coins. The full-color, 352-page softcover book is available online (including at Whitman

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U.S. Mint opens sales for rolls and bags of Ellis Island quarters at noon today

The United States Mint will open sales for products featuring America the Beautiful Quarters® Program coins honoring Ellis Island starting on August 28 at noon Eastern Time (ET).
The coin’s reverse design depicts an immigrant family approaching Ellis Island with a mixture of hope and uncertainty

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Whitman releases 7th Edition of Kenneth Bressett’s Guide Book of United States Currency

(Atlanta, Georgia)—Whitman Publishing has released the new, seventh edition of the Guide Book of United States Currency, a guide to American paper money by Kenneth Bressett, former president of the American Numismatic Association and longtime senior editor of the Guide Book of United States Coins. The full-color, 352-page softcover book is available online (including at Whitman

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Four institutions set to receive over $400,000 each from Mark Twain Commemorative Coin Program surcharge funds

The Mark Twain Commemorative Coin Program is a definitive example of how commemorative surcharge funds are directed toward good causes.
The United States Mint has recently begun to distribute the funds that were gathered under the program to four institutions that were specified in the Mark Twain Commemorative Coin Act: the Mark Twain Boyhood Home and Museum; Elmira College; the Mark Twain House and Museum; and UC Berkeley

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United States Mint and National Park Service to launch America the Beautiful Quarters Program coin honoring Ellis Island on Aug. 30

The public and the media are invited to the ceremony to mark the release of the Ellis Island quarter, the 39th coin in the United States Mint’s America the Beautiful Quarters Program. The event, which will take place Wednesday, Aug

Continue reading on Coin Update News

United States Mint and National Park Service to launch America the Beautiful Quarters Program coin honoring Ellis Island on Aug. 30

The public and the media are invited to the ceremony to mark the release of the Ellis Island quarter, the 39th coin in the United States Mint’s America the Beautiful Quarters Program. The event, which will take place Wednesday, Aug

Continue reading on Coin Update News

Four institutions set to receive over $400,000 each from Mark Twain Commemorative Coin Program surcharge funds

The Mark Twain Commemorative Coin Program is a definitive example of how commemorative surcharge funds are directed toward good causes.
The United States Mint has recently begun to distribute the funds that were gathered under the program to four institutions that were specified in the Mark Twain Commemorative Coin Act: the Mark Twain Boyhood Home and Museum; Elmira College; the Mark Twain House and Museum; and UC Berkeley

Continue reading on Coin Update News

The modern bird banknote series of the Netherlands Antilles, 1986 to present

The Netherlands Antilles was a constituent country of the Kingdom of the Netherlands located in the Caribbean. Originally a Dutch colony, the various islands are also known as the Dutch Caribbean and included various popular tourist destinations such as Curacao, Sint Maarten, and Aruba (the latter of which became a separate country of the Netherlands in 1986)

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Crossover crack-outs at NGC

The photo above constitutes the gist of this post concerning cracking out coins and submitting them to NGC, to see what difference, if any, a world-class holdering company assigns to coins in lower-level slabs.
NGC is one of the top companies because of its consistent grading standards

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Enhanced Uncirculated sets all gone as of August 14

To collectors who were disappointed at the quick sellout of the 225th Anniversary Enhanced Uncirculated Set (17XC), then delighted at their return to availability a few days later, then concerned by the lack of a quick sell-out thereafter: you may be happy to know that today marks the second (and likely final) sell-out of the limited-mintage sets, the supply of which was restricted to 225,000. Strictly speaking, the sets won’t be considered “sold out” until the Mint lists them as such on their product page; for now, they’re labeled “currently unavailable

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Bob McCabe’s Counterfeiting and Technology wins Numismatic Literary Guild award

Last night, at the World’s Fair of Money in Denver, Whitman author Bob McCabe won the Numismatic Literary Guild’s “Best Specialized Book” award for Counterfeiting and Technology: A History of the Long Struggle between Paper-Money Counterfeiters and Security Printing. The book was entered in the U

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What kind of hobby is this?

Take a good look at this Morgan roll with a Carson City dollar on one end and an equally brilliant 1879 Morgan on the other (not depicted). Better still, the roll looked like this:

An original bank roll from Carson City, Nevada! … indicating to the inexperienced collector that every coin therein would bear this rare mint mark

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2017 Enhanced Uncirculated Sets available again on the Mint’s website

Collectors who got shut out on the initial offering have an opportunity to pick up a set this morning (August 3). The popular item, which has a product limit of 225,000 and no household order limit, sold out in under seven minutes on release day (August 1)

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Mint displays 1933 double eagles at ANA World’s Fair of Money

Acting Deputy Director David Motl announced today that the United States Mint is displaying two of the ten 1933 double eagle coins recovered by the government in 2004 that were the subject of 11 years of litigation, which was recently resolved in favor of the government, at the American Numismatic Association World’s Fair of Money in Denver, Colorado, from August 1 to August 5.
In March 1933, as one of the many measures designed to reverse the Great Depression, President Franklin Delano Roosevelt issued a proclamation (followed by subsequent executive orders, regulations of the Secretary of the Treasury, and statutes) prohibiting payment of gold coin

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ANA World’s Fair of Money auction preview: Stack’s Bowers Galleries “Rarities Night”

The ANA (American Numismatic Association) is holding its annual World’s Fair of Money—considered one of the largest numismatic trade shows of the world—from August 1 to August 5 in Denver, Colorado. Stack’s Bowers Galleries will hold various auctions in conjunction with the show

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Mint releases set of Enhanced Uncirculated coins at noon today

The United States Mint will accept orders for the 225th Anniversary Enhanced Uncirculated Coin Set (product code 17XC) today at noon Eastern Time (ET).
Struck in celebration of the Mint’s 225th anniversary, this set contains 10 coins with an Enhanced Uncirculated finish featuring a combination of laser-frosted areas and an unpolished field that accentuates design details

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Meet your favorite Whitman Publishing authors at the ANA World’s Fair of Money

Whitman Publishing authors will meet and greet collectors and sign copies of their books at the Whitman booth, #200, at the American Numismatic Association World’s Fair of Money, August 1–5, 2017. The show is held at the Colorado Convention Center

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ANA World’s Fair of Money auction preview: Heritage Auctions’ “Platinum Night”

On August 2, in conjunction with the American Numismatic Association’s World’s Fair of Money (held this year in Denver, Colorado), Heritage Auctions will hold their Platinum Night auction of United States coinage. The auction consists of a total of 467 items ranging from colonial coinage to high-grade 20th-century coins

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Book review: The Gold Indians of Bela Lyon Pratt satisfies coin collectors and American history buffs alike

How often do you read a numismatic book outside of the fields you actively collect?
Some hobbyists stick to their favorite subjects—if they collect Morgan dollars, they read books about Morgan dollars, and don’t stray very far into Buffalo nickels, commemoratives, world coins, or medals and tokens.
Many other hobbyists are like numismatic sponges, happy to absorb as much knowledge as they can from all directions

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“Past & Present” takes a look how crises have often led to creative porcelain coins

Times of emergency such as war, recession, or other economic crises, often result in shortages of metal. Occasionally, this has led to the use of non-metal materials for coins and tokens, such as the wooden nickels of Depression-era Washington

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New Ken Bressett book on coin collecting will be available at the August 2017 Denver ANA Show

(Atlanta, Georgia) — Whitman Publishing announces the release of the newest edition of the Whitman Guide to Coin Collecting: An Introduction to the World of Coins, by Kenneth Bressett. The 288-page softcover book debuted July 4, 2017, and is now available from booksellers and hobby shops nationwide, and online (including at www

Continue reading on Coin Update News

Artist Heidi Wastweet blends history with whimsy in Elizabethan Club medal

Medallic artist and CCAC member Heidi Wastweet has completed a new work for Yale University’s Elizabethan Club. The medal, to be given in recognition of extraordinary service to the club, is not available for purchase—which is unfortunate, because it is truly delightful

Continue reading on Coin Update News

North Carolina joins 35 other states with sales-tax exemptions

On Tuesday, July 25, 2017, North Carolina governor Roy Cooper signed into law House Bill 434: Coins/Currency/Bullion Sales Tax Exemption. The law is a complete sales-and-use tax exemption on coins, currency, and precious-metals bullion sales

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New 3rd edition of MEGA RED features engraved love token coins

(Pelham, Alabama) — The third edition of MEGA RED (the Deluxe Edition of the Guide Book of United States Coins) features different types of altered coins in several new appendices, including an eight-page illustrated study of love tokens. MEGA RED retails for $49

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Whitman Publishing releases expanded new 2nd edition of the “Guide Book of Buffalo and Jefferson Nickels”

(Atlanta, Georgia) — Whitman Publishing announces the release of the new second edition of the Guide Book of Buffalo and Jefferson Nickels, by Q. David Bowers

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Whitman Publishing releases expanded new 2nd edition of the “Guide Book of Buffalo and Jefferson Nickels”

(Atlanta, Georgia) — Whitman Publishing announces the release of the new second edition of the Guide Book of Buffalo and Jefferson Nickels, by Q. David Bowers

Continue reading on Coin Update News

North Carolina joins 35 other states with sales-tax exemptions

On Tuesday, July 25, 2017, North Carolina governor Roy Cooper signed into law House Bill 434: Coins/Currency/Bullion Sales Tax Exemption. The law is a complete sales-and-use tax exemption on coins, currency, and precious-metals bullion sales

Continue reading on Coin Update News

Artist Heidi Wastweet blends history with whimsy in Elizabethan Club medal

Medallic artist and CCAC member Heidi Wastweet has completed a new work for Yale University’s Elizabethan Club. The medal, to be given in recognition of extraordinary service to the club, is not available for purchase—which is unfortunate, because it is truly delightful

Continue reading on Coin Update News

New Ken Bressett book on coin collecting will be available at the August 2017 Denver ANA Show

(Atlanta, Georgia) — Whitman Publishing announces the release of the newest edition of the Whitman Guide to Coin Collecting: An Introduction to the World of Coins, by Kenneth Bressett. The 288-page softcover book debuted July 4, 2017, and is now available from booksellers and hobby shops nationwide, and online (including at www

Continue reading on Coin Update News

United Kingdom: Prince Philip’s lifetime of service honoured with new gold and silver crown coins

It was announced today that special crown coins will be issued in August to pay tribute to the lifetime of official service which HRH Prince Philip, the Duke of Edinburgh, has given to the nation. It was announced by Buckingham Palace on the 4th May that the 96-year-old consort of the Queen would be retiring later in the year and would no longer carry out official engagements on behalf of the sovereign

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United Kingdom: Prince Philip’s lifetime of service honoured with new gold and silver crown coins

It was announced today that special crown coins will be issued in August to pay tribute to the lifetime of official service which HRH Prince Philip, the Duke of Edinburgh, has given to the nation. It was announced by Buckingham Palace on the 4th May that the 96-year-old consort of the Queen would be retiring later in the year and would no longer carry out official engagements on behalf of the sovereign

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Mint updates August calendar, announces Enhanced Uncirculated set

The Mint has issued the latest updates to its online calendar. On August 1, the 225th Anniversary Enhanced Uncirculated Set; and on August 28, the bags and rolls of the America the Beautiful–Ellis Island quarter dollars

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Mint updates August calendar, announces Enhanced Uncirculated set

The Mint has issued the latest updates to its online calendar. On August 1, the 225th Anniversary Enhanced Uncirculated Set; and on August 28, the bags and rolls of the America the Beautiful–Ellis Island quarter dollars

Continue reading on Coin Update News

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United Kingdom: First-of-its-kind piedfort gold sovereign celebrates 200th anniversary of iconic coin

The Royal Mint have launched (26th June) two additional sovereign anniversary coins to mark the iconic coin’s bicentennial. The sovereign was first struck in 1817 as part of the United Kingdom’s historic Great Coinage Act of 1816

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Louisiana enacts new exemption on coins and precious-metals bullion

Last year, the Louisiana legislature, facing a $900 million deficit, held a special legislative session and increased Louisiana’s 4% sales tax to 5%. In addition to increasing the state sales tax, it eliminated nearly all tax exemptions and exclusions—including numismatic coins and precious-metals bullion exemptions—for three months, from April 1 through June 30

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Must-see rarities at Denver World’s Fair of Money

The American Numismatic Association is celebrating the 50th anniversary of its Colorado headquarters, which officially opened in Colorado Springs on June 10, 1967. Those who attend the World’s Fair of Money (www

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Development of the first U.S. state-run bullion depository is underway in Texas

The following is a re-post courtesy of Coin Update’s sister site Mint News Blog.
Lone Star Tangible Assets (LSTA), an Austin-based firm, has signed a five-year contract with the government of Texas to manage the state’s bullion depository, which will be under the authority of the state comptroller general (currently Glenn Hegar)

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Texas attorney general issues consumer-protection tips for gold buyers

(Austin, Texas)—With input from numismatic experts, the attorney general of Texas, Ken Paxton, has issued a consumer-protection alert about buying and selling gold coins.
Award-winning rare-coin and precious-metals writer Michael Fuljenz, president of Universal Coin and Bullion in Beaumont, Texas, provided continuing consultation to the attorney general’s office on this important consumer alert

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Texas attorney general issues consumer-protection tips for gold buyers

(Austin, Texas)—With input from numismatic experts, the attorney general of Texas, Ken Paxton, has issued a consumer-protection alert about buying and selling gold coins.
Award-winning rare-coin and precious-metals writer Michael Fuljenz, president of Universal Coin and Bullion in Beaumont, Texas, provided continuing consultation to the attorney general’s office on this important consumer alert

Continue reading on Coin Update News

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Development of the first U.S. state-run bullion depository is underway in Texas

The following is a re-post courtesy of Coin Update’s sister site Mint News Blog.
Lone Star Tangible Assets (LSTA), an Austin-based firm, has signed a five-year contract with the government of Texas to manage the state’s bullion depository, which will be under the authority of the state comptroller general (currently Glenn Hegar)

Continue reading on Coin Update News

Whitman Publishing releases new gold “toolkit”:GOLD: Everything You Need to Know to Buy and Sell Today

(Pelham, Alabama)—On the Fourth of July, 2017, Whitman Publishing will release a newly updated second edition of its award-winning book GOLD: Everything You Need to Know to Buy and Sell Today, by Jeff Garrett and Q. David Bowers

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Lady Liberty and U.S. coinage since colonial times

Most Americans and others around the world are aware that the United States was founded on the ideal of liberty (or freedom) and typically associate the idea concretely with the Statue of Liberty in New York Harbor.
The Statue of Liberty, a gift from France that began welcoming visitors in 1886, not only represents our enduring commitment to those ideals and our friendship with France but also serves as a symbol of the American melting pot

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Exaggerated descriptions plague coin auctions

I am growing weary reporting exaggerated descriptions in online coin auctions hosted by major portals, such as Proxibid and eBay. While it is difficult for those portals to monitor all lots in multitudes of auctions, it nevertheless hurts the hobby when hyped descriptions are not reported

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Starting out in the hobby, with Kenneth Bressett’s Whitman Guide to Coin Collecting

Coin collectors have long been fascinated by the great rarities of the numismatic world. Even if we can’t afford them, we love to learn about them, to look at them, to marvel over their fantastic stories

Continue reading on Coin Update News

Starting out in the hobby, with Kenneth Bressett’s Whitman Guide to Coin Collecting

Coin collectors have long been fascinated by the great rarities of the numismatic world. Even if we can’t afford them, we love to learn about them, to look at them, to marvel over their fantastic stories

Continue reading on Coin Update News

Exaggerated descriptions plague coin auctions

I am growing weary reporting exaggerated descriptions in online coin auctions hosted by major portals, such as Proxibid and eBay. While it is difficult for those portals to monitor all lots in multitudes of auctions, it nevertheless hurts the hobby when hyped descriptions are not reported

Continue reading on Coin Update News

Lady Liberty and U.S. coinage since colonial times

Most Americans and others around the world are aware that the United States was founded on the ideal of liberty (or freedom) and typically associate the idea concretely with the Statue of Liberty in New York Harbor.
The Statue of Liberty, a gift from France that began welcoming visitors in 1886, not only represents our enduring commitment to those ideals and our friendship with France but also serves as a symbol of the American melting pot

Continue reading on Coin Update News

Whitman Publishing releases new gold “toolkit”:GOLD: Everything You Need to Know to Buy and Sell Today

(Pelham, Alabama)—On the Fourth of July, 2017, Whitman Publishing will release a newly updated second edition of its award-winning book GOLD: Everything You Need to Know to Buy and Sell Today, by Jeff Garrett and Q. David Bowers

Continue reading on Coin Update News

Chopmarked coins featured in new 3rd edition of MEGA RED

(Pelham, Alabama)—The third edition of MEGA RED (the Deluxe Edition of the Guide Book of United States Coins) features several new appendices covering hobby-related topics. One is a 10-page illustrated study of chopmarks and chopmarked coins by Colin Gullberg, founder of the Chopmark Collectors Club (a member society of the American Numismatic Association) and editor of Chopmark News

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Spain: Fifth series of Treasures of Spanish Museums launched with new gold and silver coins

The Fabrica Nacional Moneda y Timbre–Real Casa de la Moneda have unveiled (7th June) the latest series of their artistically influenced coins detailing some of Spain’s greatest treasures and masterpieces housed in many of the country’s exceptional museums and palaces.
This latest series, the fifth to date, features masterpieces from a diverse range of artists, eras, and styles

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Spain: Fifth series of Treasures of Spanish Museums launched with new gold and silver coins

The Fabrica Nacional Moneda y Timbre–Real Casa de la Moneda have unveiled (7th June) the latest series of their artistically influenced coins detailing some of Spain’s greatest treasures and masterpieces housed in many of the country’s exceptional museums and palaces.
This latest series, the fifth to date, features masterpieces from a diverse range of artists, eras, and styles

Continue reading on Coin Update News

Chopmarked coins featured in new 3rd edition of MEGA RED

(Pelham, Alabama)—The third edition of MEGA RED (the Deluxe Edition of the Guide Book of United States Coins) features several new appendices covering hobby-related topics. One is a 10-page illustrated study of chopmarks and chopmarked coins by Colin Gullberg, founder of the Chopmark Collectors Club (a member society of the American Numismatic Association) and editor of Chopmark News

Continue reading on Coin Update News

Mint to release 2017-W American Liberty 225th Anniversary silver medal on June 14 

The United States Mint will make available for purchase the American Liberty 225th Anniversary silver medal (product code 17XB) on June 14 at noon Eastern time.
The Mint is issuing this 1-ounce Proof medal in celebration of its 225th anniversary this year

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Affordable Liberty Seated half dollars

In this series on affordable coins for collectors on a budget, we have reached the final installment on the Liberty Seated design. Even though silver dollars with the design were also struck for circulation, the cost of these in even the lowest grades is more than the $100 limit we set ourselves for these articles

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Release ceremony for Ozark National Scenic Riverways quarters: Beautiful day, great turnout

A historic steel roller mill served as the backdrop for the latest America the Beautiful Quarters Program launch event. More than 1,800 people, including 700 children, filled the area surrounding the historic Alley Mill on Monday, June 5, in Eminence, Missouri

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Release ceremony for Ozark National Scenic Riverways quarters: Beautiful day, great turnout

A historic steel roller mill served as the backdrop for the latest America the Beautiful Quarters Program launch event. More than 1,800 people, including 700 children, filled the area surrounding the historic Alley Mill on Monday, June 5, in Eminence, Missouri

Continue reading on Coin Update News

Mint to release 2017-W American Liberty 225th Anniversary silver medal on June 14 

The United States Mint will make available for purchase the American Liberty 225th Anniversary silver medal (product code 17XB) on June 14 at noon Eastern time.
The Mint is issuing this 1-ounce Proof medal in celebration of its 225th anniversary this year

Continue reading on Coin Update News

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Affordable Liberty Seated half dollars

In this article series on affordable coins for collectors on a budget we have reached the final installment of the Liberty Seated series. Even though silver dollars with the design were also struck for circulation, the cost of these even in the lowest grades is more than the $100 limit we set ourselves for these articles

Continue reading on Coin Update News

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Affordable Liberty Seated dimes

The Liberty Seated dime series was produced from 1837 to 1891, making it the second-longest-running series of the denomination after the Roosevelt dime. A series that is filled with rarities and very scarce coins, it also has many dates that are quite affordable, especially in circulated condition

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Affordable Liberty Seated quarters

The Liberty Seated quarter series ran from 1838 to 1891 and was seen in the pockets of many Americans during much of the 19th century. A long-running series, it went through multiple design changes, but kept relatively close to the original design by Christian Gobrecht

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Affordable Liberty Seated quarters

The Liberty Seated quarter series ran from 1838 to 1891 and was seen in the pockets of many Americans during much of the 19th century. A long-running series, it went through multiple design changes, but kept relatively close to the original design by Christian Gobrecht

Continue reading on Coin Update News

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Affordable Liberty Seated dimes

The Liberty Seated dime series was produced from 1837 to 1891, making it the second-longest-running series of the denomination after the Roosevelt dime. A series that is filled with rarities and very scarce coins, it also has many dates that are quite affordable, especially in circulated condition

Continue reading on Coin Update News

2017 Uncirculated American Eagle gold coins available at noon today

Today is the release date for the Mint’s annual American Eagle 1-ounce gold Uncirculated coin (17EH), which will be available from noon Eastern time. The Uncirculated and Proof AGEs are collector versions of the official U

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Whitman releases new Check List and Record Book of United States Paper Money

 

(Pelham, Alabama)—Whitman Publishing announces the release of an updated Check List and Record Book of United States Paper Money for collectors of American currency. The 256-page softcover book retails for $9

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Whitman releases new Search & Save™ coin books on dimes, quarters, and half dollars

(Pelham, Alabama)—Whitman Publishing announces the release of two new volumes in its series of combination book-albums trademarked under the name Search & Save. Each new volume consists of a 96-page hardcover book bound with a Whitman Classic Coin Album page for storing and displaying a customized coin collection

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New, 3rd edition of MEGA RED features Great Depression hobo nickels

(Pelham, Alabama)—The third edition of MEGA RED (the Deluxe Edition of the Guide Book of United States Coins) officially debuted at the Whitman Coin and Collectibles Baltimore Expo, March 30, 2017, and now is available nationwide. Among the book’s special features is a nine-page full-color appendix on hobo nickels

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Grading Capped Bust half dollars

Grading Capped Bust half dollars is a challenge, especially to new hobbyists unaccustomed to the series, which ran from 1807 to 1839 and which continues to be popular because many of the dates are affordable and come with a large selection of die varieties (including overdate strikes).
We’ll save overdates for a future column

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Grading Capped Bust half dollars

Grading Capped Bust half dollars is a challenge, especially to new hobbyists unaccustomed to the series, which ran from 1807 to 1839 and which continues to be popular because many of the dates are affordable and come with a large selection of die varieties (including overdate strikes).
We’ll save overdates for a future column

Continue reading on Coin Update News

Switzerland wins 2016 IBNS Bank Note of the Year award

The International Bank Note Society (IBNS) announces that its voting membership has selected the Swiss National Bank to receive its prestigious “Bank Note of the Year Award” for 2016. With almost 120 new banknotes released worldwide during 2016, over half were of sufficiently new design to be eligible for nomination

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APMEX promoting its new CoinGrade+ feature with giveaway of MS-70 Silver Swan from the Perth Mint

 

(Oklahoma City)—After being made available to the public on April 3, the 2017 Silver Swan 1-ounce coin—the first release of a new bullion series from the Perth Mint—sold out worldwide in less than two days.
The coin’s

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APMEX promoting its new CoinGrade+ feature with giveaway of MS-70 Silver Swan from the Perth Mint

 

(Oklahoma City)—After being made available to the public on April 3, the 2017 Silver Swan 1-ounce coin—the first release of a new bullion series from the Perth Mint—sold out worldwide in less than two days.
The coin’s

Continue reading on Coin Update News

Coin-Update-Precious-Metals-Report-header-2017

Precious-metals sales report: Week ending April 25, 2017

The Mint’s data-reporting over the last few weeks has been irregular, perhaps due (at least in part) to the partial redesign of the website. Regular weekly reports for numismatic sales resumed last week, and Coin Update’s reports have resumed along with them

Continue reading on Coin Update News

ANA-LVNS

ANA Road Show to exhibit numismatic rarities in Las Vegas

The American Numismatic Association (ANA) Road Show will make its next stop at the Las Vegas Numismatic Society Diamond Jubilee Coin Show, May 18–20, at the Westgate Las Vegas Resort and Casino, located at 3000 Paradise Rd., Las Vegas, NV 89109

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Guide-Book-United-States-Coins-Red-Book-2018-71st-Rittenhouse-2

2018 Red Book honors David Rittenhouse, first director of the United States Mint, and 225 years of American coinage

(Pelham, Alabama)—The classic hardcover version of the 71st-edition Guide Book of United States Coins (the hobby’s popular “Red Book”) celebrates the 225th anniversary of federal coinage in Philadelphia. On its back cover is a commemorative gold-foil portrait of David Rittenhouse, first director of the United States Mint, who was appointed by President George Washington in 1792

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Coin-Update-Precious-Metals-Report-header-2017

Precious-metals sales report: Week ending April 25, 2017

The Mint’s data-reporting over the last few weeks has been irregular, perhaps due (at least in part) to the partial redesign of the website. Regular weekly reports for numismatic sales resumed last week, and Coin Update’s reports have resumed along with them

Continue reading on Coin Update News

ANA-LVNS

ANA Road Show to exhibit numismatic rarities in Las Vegas

The American Numismatic Association (ANA) Road Show will make its next stop at the Las Vegas Numismatic Society Diamond Jubilee Coin Show, May 18–20, at the Westgate Las Vegas Resort and Casino, located at 3000 Paradise Rd., Las Vegas, NV 89109

Continue reading on Coin Update News

Guide-Book-United-States-Coins-Red-Book-2018-71st-Rittenhouse-2

2018 Red Book honors David Rittenhouse, first director of the United States Mint, and 225 years of American coinage

(Pelham, Alabama)—The classic hardcover version of the 71st-edition Guide Book of United States Coins (the hobby’s popular “Red Book”) celebrates the 225th anniversary of federal coinage in Philadelphia. On its back cover is a commemorative gold-foil portrait of David Rittenhouse, first director of the United States Mint, who was appointed by President George Washington in 1792

Continue reading on Coin Update News

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ICTA’s Anti-Counterfeiting Task Force gets underway with steering committee and work groups

The Industry Council for Tangible Assets has named an 11-member steering committee and has formed eight work groups to begin the work of its Anti-Counterfeiting Task Force.
ICTA created the Anti-Counterfeiting Task Force in January and named Beth Deisher as its director

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A closer look at the law that allows shill bidding

Let me begin by stating that I’m going to focus here on Proxibid, probably the best online venue for estate auctions because of its Unified User Agreement that holds both buyer and auctioneer accountable. You don’t get this type of protection from many other popular portals, including emerging competitor HiBid

Continue reading on Coin Update News

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Mint announces design competition for 2019 Apollo 11 Moon-landing commemorative

The Mint has issued a call for artists to participate in a design competition. Public Law 114-282 authorizes the secretary of the Treasury to mint and issue $5 gold, $1 silver, and 50-cent clad coins commemorating the 50th anniversary of the Apollo 11 Moon landing

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Affordable Liberty nickels

The Liberty-nickel series can be considered the ugly duckling of the 5-cent denomination. It replaced the Shield nickel, which was the first 5-cent coin that did not contain silver (5-cent pieces, first struck in the 1790’s in the form of half dimes, were originally silver coins), and is the predecessor to the immensely popular Buffalo-nickel series

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Mint announces design competition for 2019 Apollo 11 Moon-landing commemorative

The Mint has issued a call for artists to participate in a design competition. Public Law 114-282 authorizes the secretary of the Treasury to mint and issue $5 gold, $1 silver, and 50-cent clad coins commemorating the 50th anniversary of the Apollo 11 Moon landing

Continue reading on Coin Update News

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Affordable Liberty nickels

The Liberty-nickel series can be considered the ugly duckling of the 5-cent denomination. It replaced the Shield nickel, which was the first 5-cent coin that did not contain silver (5-cent pieces, first struck in the 1790’s in the form of half dimes, were originally silver coins), and is the predecessor to the immensely popular Buffalo-nickel series

Continue reading on Coin Update News

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A closer look at the law that allows shill bidding

Let me begin by stating that I’m going to focus here on Proxibid, probably the best online venue for estate auctions because of its Unified User Agreement that holds both buyer and auctioneer accountable. You don’t get this type of protection from many other popular portals, including emerging competitor HiBid

Continue reading on Coin Update News

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The Tyvek banknotes of Haiti

 
More and more countries all over the world are in the process of switching or have already switched their circulating currency to issues printed on plastic (polymer) materials. Polymer banknotes are much more durable than traditional paper banknotes, have better security features, and are cheaper in the long run

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American-Liberty-2017-gold-UHR-coin-main2

2017 American Liberty gold coin enters a divided market today at noon

The 2017 American Liberty 225th-anniversary gold coin (product code 17XA) goes on sale at noon (Eastern time) today. In contrast to Tuesday’s release of the 2017 Congratulations Set, however, no one is expecting a two-minute sell-out

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American-Silver-Eagle-generic-bullion

PCGS to begin branch-mint ID for certain American Silver Eagles; gives tips on how to identify the branch

 

In an April 6 press release, Professional Coin Grading Service (PCGS) has announced that it will begin providing branch-mint identification on slabs for certain American Silver Eagles dated 2014–2017. This service follows on the heels of information obtained by Coin World from the U

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EXCLUSIVE! New 2017 American Liberty Silver Medals Unveiled at the Whitman Baltimore Expo

On Wednesday, March 29, the United States Mint announced that it will begin selling its 2017-dated American Liberty $100 gold coin on April 6.
The next day, Thursday, March 30, the Mint unveiled a beautiful new set of silver medals based on the designs of the gold coin

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2017 Congratulations Set contains an anniversary surprise

This is a busy week for collectors and the Mint’s numismatic operations. Yesterday, the Mint began accepting orders for rolls and bags of America the Beautiful / Frederick Douglass National Historic Site quarters, and a coin forum concerning the quarters was held at Mint headquarters at 801 9th Street

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2017-S-ASE-Proof-Congratulations-Set

2017 Congratulations Set contains an anniversary surprise

This is a busy week for collectors and the Mint’s numismatic operations. Yesterday, the Mint began accepting orders for rolls and bags of America the Beautiful / Frederick Douglass National Historic Site quarters, and a coin forum concerning the quarters was held at Mint headquarters at 801 9th Street

Continue reading on Coin Update News

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EXCLUSIVE! New 2017 American Liberty Silver Medals Unveiled at the Whitman Baltimore Expo

On Wednesday, March 29, the United States Mint announced that it will begin selling its 2017-dated American Liberty $100 gold coin on April 6.
The next day, Thursday, March 30, the Mint unveiled a beautiful new set of silver medals based on the designs of the gold coin

Continue reading on Coin Update News

Stacks-Bowers-Whitman-Baltimore-auction

Stack’s Bowers Galleries to showcase important collections in March 2017 Baltimore Auction

 
Stack’s Bowers Galleries will be offering world-class collections as part of their Official Auction of the Whitman Coins & Collectible Expo next week in Baltimore, Maryland. Anchored by the Blue Moon Collection, Part I, and the collections of Dr

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ANA-Summer-Seminar-banner

There’s still time to register early for the 2017 ANA Summer Seminar

Hobbyists interested in attending the American Numismatic Association’s (ANA) 49th annual Summer Seminar in Colorado Springs, Colo. can now register for the event online

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Stacks-Bowers-Whitman-Baltimore-auction

Stack’s Bowers Galleries to showcase important collections in March 2017 Baltimore Auction

 
Stack’s Bowers Galleries will be offering world-class collections as part of their Official Auction of the Whitman Coins & Collectible Expo next week in Baltimore, Maryland. Anchored by the Blue Moon Collection, Part I, and the collections of Dr

Continue reading on Coin Update News

ANA-Summer-Seminar-banner

There’s still time to register early for the 2017 ANA Summer Seminar

Hobbyists interested in attending the American Numismatic Association’s (ANA) 49th annual Summer Seminar in Colorado Springs, Colo. can now register for the event online

Continue reading on Coin Update News

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Isle of Man and the Tower Mint: First-strike ceremony for a new coin and a new relationship

It was a day of all change on Thursday the 9th March when representatives of the Treasury of the Isle of Man attended the first-strike ceremony and inauguration of the new series of circulation coinage for the self-governing Crown dependency. From the 1st April, the Tower Mint, United Kingdom, become the island’s official minter, having won a bid tendered out last year

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Isle-of-Man-Tower-Mint

Isle of Man and the Tower Mint: First-strike ceremony for a new coin and a new relationship

It was a day of all change on Thursday the 9th March when representatives of the Treasury of the Isle of Man attended the first-strike ceremony and inauguration of the new series of circulation coinage for the self-governing Crown dependency. From the 1st April, the Tower Mint, United Kingdom, become the island’s official minter, having won a bid tendered out last year

Continue reading on Coin Update News

Mint-products-week-of-March-7-9-2017

Effigy Mounds 5-oz. Uncirculated coins and Boys Town commemoratives on sale this week

Although the Mint has just two product-release dates this week, the fact that one of those dates is for the coins in the Boys Town Centennial program means that—counting all design and denominations, and both finishes—eight new products will be hitting the market.
The first of these will be released tomorrow, March 7: the year’s first 5-ounce America the Beautiful Uncirculated silver coin (17AJ, $149

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Mint-products-week-of-March-7-9-2017

Effigy Mounds 5-oz. Uncirculated coins and Boys Town commemoratives on sale this week

Although the Mint has just two product-release dates this week, the fact that one of those dates is for the coins in the Boys Town Centennial program means that—counting all design and denominations, and both finishes—eight new products will be hitting the market.
The first of these will be released tomorrow, March 7: the year’s first 5-ounce America the Beautiful Uncirculated silver coin (17AJ, $149

Continue reading on Coin Update News

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Will the Trump administration make gold great again?

Donald Trump has been interested in gold for decades and once reportedly accepted rent payment in gold bars when APMEX was opening a New York branch back in 2011 (see photo above, or scroll down for video). He also bought a large quantity of gold for about $185 an ounce when gold ownership was legalized in 1975, and sold at just under $800 an ounce years later

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Will the Trump administration make gold great again?

Donald Trump has been interested in gold for decades and once reportedly accepted rent payment in gold bars when APMEX was opening a New York branch back in 2011 (see photo above, or scroll down for video). He also bought a large quantity of gold for about $185 an ounce when gold ownership was legalized in 1975, and sold at just under $800 an ounce years later

Continue reading on Coin Update News

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Onward and Upward: Interview with Taya Pobjoy, managing director of the Pobjoy Mint

In July 2016, Taya Pobjoy, managing director of the Pobjoy Mint—one of the world’s largest and privately owned Mints—announced that from March 2017, they would no longer act as the official mint to the Isle of Man, a small British dependency sandwiched between Great Britain and Ireland. With the announcement, their working relationship, which had lasted more than four decades, was at an end

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Dipped: Know the Tell-Tale Signs

Increasingly on Proxibid, HiBid, and eBay, I am encountering dipped coins, making me wary about placing any bids, even on Morgan dollars like this 1902 one depicted above. That’s not how a 115-year-old silver coin is supposed to look, unless it was broken out of a bank roll, in which case the seller would have offered more than one in this condition

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1902dipped

Dipped: Know the Tell-Tale Signs

Increasingly on Proxibid, HiBid, and eBay, I am encountering dipped coins, making me wary about placing any bids, even on Morgan dollars like this 1902 one depicted above. That’s not how a 115-year-old silver coin is supposed to look, unless it was broken out of a bank roll, in which case the seller would have offered more than one in this condition

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2017 David Rittenhouse Award to honor John Mercanti, 12th chief engraver/sculptor of the Mint

(Philadelphia)—The board of directors of Historic RittenhouseTown, located in Fairmount Park, Philadelphia, will award the 2017 David Rittenhouse Award to John Mercanti at its annual gala in May. “The David Rittenhouse Award honors those who demonstrate excellence as it represents one of the many contributions that Rittenhouse made to American History,” said Barbara Rittenhouse, board president

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Onward and Upward: Interview with Taya Pobjoy, managing director of the Pobjoy Mint

In July 2016, Taya Pobjoy, managing director of the Pobjoy Mint—one of the world’s largest and privately owned Mints—announced that from March 2017, they would no longer act as the official mint to the Isle of Man, a small British dependency sandwiched between Great Britain and Ireland. With the announcement, their working relationship, which had lasted more than four decades, was at an end

Continue reading on Coin Update News

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2017 David Rittenhouse Award to honor John Mercanti, 12th chief engraver/sculptor of the Mint

(Philadelphia)—The board of directors of Historic RittenhouseTown, located in Fairmount Park, Philadelphia, will award the 2017 David Rittenhouse Award to John Mercanti at its annual gala in May. “The David Rittenhouse Award honors those who demonstrate excellence as it represents one of the many contributions that Rittenhouse made to American History,” said Barbara Rittenhouse, board president

Continue reading on Coin Update News

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France: Ever-popular figure of Marianne features on latest gold and silver collector coins

The following is a courtesy repost from Coin Update’s sister site, World Mint News Blog.
The Monnaie de Paris have launched (20th January) a new set of coins that feature a modern rendition of Marianne, the female allegory of France

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Guide-Book-of-United-States-Coins-2018-71st

New OFFICIAL RED BOOK Celebrates 225 Years of U.S. Coinage

Best-Selling Annual Guide Prices 7,900 Coins
(Pelham, Alabama)—The 71st edition of the hobby’s Guide Book of United States Coins (popularly known as the “Red Book”) will launch at the Whitman Baltimore Coin and Collectibles Expo on March 30, 2017. It features new and extensively updated content reflecting the current market for collectible coins

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Queen_Elizabeth_II_June_2013

The future of British royalty on Commonwealth currency

On February 6, 2017, HM Queen Elizabeth II achieved her Sapphire Jubilee—the 65th anniversary of the day she became queen. The head of state of the United Kingdom and 15 other Commonwealth realms, she is not only the United Kingdom’s longest-reigning monarch but the longest-reigning queen-regnant and female head of state in world history

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Guide-Book-of-United-States-Coins-2018-71st

New OFFICIAL RED BOOK Celebrates 225 Years of U.S. Coinage

Best-Selling Annual Guide Prices 7,900 Coins
(Pelham, Alabama)—The 71st edition of the hobby’s Guide Book of United States Coins (popularly known as the “Red Book”) will launch at the Whitman Baltimore Coin and Collectibles Expo on March 30, 2017. It features new and extensively updated content reflecting the current market for collectible coins

Continue reading on Coin Update News

Queen_Elizabeth_II_June_2013

The future of British royalty on Commonwealth currency

On February 6, 2017, HM Queen Elizabeth II achieved her Sapphire Jubilee—the 65th anniversary of the day she became queen. The head of state of the United Kingdom and 15 other Commonwealth realms, she is not only the United Kingdom’s longest-reigning monarch but the longest-reigning queen-regnant and female head of state in world history

Continue reading on Coin Update News

france-2017-€1000-marianne-o-r

France: Ever-popular figure of Marianne features on latest gold and silver collector coins

The following is a courtesy repost from Coin Update’s sister site, World Mint News Blog.
The Monnaie de Paris have launched (20th January) a new set of coins that feature a modern rendition of Marianne, the female allegory of France

Continue reading on Coin Update News

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Milk Spots on Modern Silver Coins: How Big of an Issue?

For at least the past decade, articles have appeared periodically in the numismatic media about the issue of white-colored discoloration, known as milk spots, that appear on some modern silver coins. The issue has also figured prominently in the numismatic blogosphere, where it is a hot topic of discussion among collectors and silver stackers, who often express their anger, irritation, and frustration about seeing their coins develop these spots

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Australia: Commemorative coin marks 75th anniversary of sinking of the SS Vyner Brooke

The Royal Australian Mint have launched (10th February) a new coin that remembers the 75th anniversary of the sinking of the SS Vyner Brooke. The tragedy that unfolded after the ship was bombed on the 14th February 1942 was a heartbreaking episode of courage in the face of certain death at the hands of the enemy

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2017 ATB Quarters Silver Proof Set available at noon today

(Washington)—Sales will open for the Mint’s 2017 America the Beautiful Quarters Silver Proof Set (17AQ) today, February 16, at noon Eastern Time. Last year, the 2016 ATB quarters Silver Proof Set (16AQ) was among the Mint’s top-10 biggest sellers

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2017 ATB Quarters Silver Proof Set available at noon today

(Washington)—Sales will open for the Mint’s 2017 America the Beautiful Quarters Silver Proof Set (17AQ) today, February 16, at noon Eastern Time. Last year, the 2016 ATB quarters Silver Proof Set (16AQ) was among the Mint’s top-10 biggest sellers

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Milk Spots on Modern Silver Coins: How Big of an Issue?

For at least the past decade, articles have appeared periodically in the numismatic media about the issue of white-colored discoloration, known as milk spots, that appear on some modern silver coins. The issue has also figured prominently in the numismatic blogosphere, where it is a hot topic of discussion among collectors and silver stackers, who often express their anger, irritation, and frustration about seeing their coins develop these spots

Continue reading on Coin Update News

australia-2017-20-cents-vyner-brooke-b

Australia: Commemorative coin marks 75th anniversary of sinking of the SS Vyner Brooke

The Royal Australian Mint have launched (10th February) a new coin that remembers the 75th anniversary of the sinking of the SS Vyner Brooke. The tragedy that unfolded after the ship was bombed on the 14th February 1942 was a heartbreaking episode of courage in the face of certain death at the hands of the enemy

Continue reading on Coin Update News

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Follow-up: The Volatile State of Online Estate Auctions

Earlier this year I wrote an investigative analysis titled “The Volatile State of Online Estate Auctions,” noting how tardy technological upgrades in addition to fees from auction portals and credit card companies—often combined with building rent and/or upkeep of onsite facilities—continued to push buyer premiums ever higher.
Shipping has always been an issue with auction houses

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payment-768x560

Follow-up: The Volatile State of Online Estate Auctions

Earlier this year I wrote an investigative analysis titled “The Volatile State of Online Estate Auctions,” noting how tardy technological upgrades in addition to fees from auction portals and credit card companies—often combined with building rent and/or upkeep of onsite facilities—continued to push buyer premiums ever higher.
Shipping has always been an issue with auction houses

Continue reading on Coin Update News

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U.S. Mint News—Muhammad Ali Commemoratives, CCAC Meeting Notice, and Pricing Updates

Bills Introduced to Honor Muhammad Ali on Commemorative Coinage
Last month, bills were introduced in both the House and the Senate to have the Treasury produce “coins in commemoration of Muhammad Ali.” Both of the identically worded bills—S

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United Kingdom: Sapphire Jubilee of HM Queen Elizabeth II celebrated on new crown coins

The Royal Mint have launched (30th January) a new crown coin that marks the 65th year since HM Queen Elizabeth succeeded to the British throne on the 6th February 1952. Her coronation followed the untimely death of her father, King George VI, who had reigned just 17 years

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UK-2017-£5-sapphire-jubilee-gold-proof

United Kingdom: Sapphire Jubilee of HM Queen Elizabeth II celebrated on new crown coins

The Royal Mint have launched (30th January) a new crown coin that marks the 65th year since HM Queen Elizabeth succeeded to the British throne on the 6th February 1952. Her coronation followed the untimely death of her father, King George VI, who had reigned just 17 years

Continue reading on Coin Update News

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U.S. Mint News—Muhammad Ali Commemoratives, CCAC Meeting Notice, and Pricing Updates

Bills Introduced to Honor Muhammad Ali on Commemorative Coinage
Last month, bills were introduced in both the House and the Senate to have the Treasury produce “coins in commemoration of Muhammad Ali.” Both of the identically worded bills—S

Continue reading on Coin Update News

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Ups and Downs of Online Auctioneering: An Interview with Sheena Wallace

Online coin auctions are challenging for buyer, seller, and auctioneer, says Sheena Wallace, who helps run Auctions by Wallace, an onsite and online auction that typically showcases coins each week.
On her website, she notes that her company has “a proven track record when it comes to selling coins

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Anti-Counterfeiting Task Force Formed; Beth Deisher Hired as Director

At their January 4 meeting, the board of directors of the Industry Council for Tangible Assets (ICTA) approved the formation of an Anti-Counterfeiting Task Force (ACTF) committee. The aim of the ACTF is to mobilize law-enforcement resources to protect the integrity of U

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Trump-coins

PNG Urges Caution to Buyers Considering So-Called “Trump Coins”

(Temecula, California)—So-called “Trump coins” are being offered in the marketplace. Although they may be delightful souvenirs, in many cases they should not be mistaken for “rare coins,” cautions the Professional Numismatists Guild (http://pngdealers

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wallace-300x300

Ups and Downs of Online Auctioneering: An Interview with Sheena Wallace

Online coin auctions are challenging for buyer, seller, and auctioneer, says Sheena Wallace, who helps run Auctions by Wallace, an onsite and online auction that typically showcases coins each week.
On her website, she notes that her company has “a proven track record when it comes to selling coins

Continue reading on Coin Update News

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Anti-Counterfeiting Task Force Formed; Beth Deisher Hired as Director

At their January 4 meeting, the board of directors of the Industry Council for Tangible Assets (ICTA) approved the formation of an Anti-Counterfeiting Task Force (ACTF) committee. The aim of the ACTF is to mobilize law-enforcement resources to protect the integrity of U

Continue reading on Coin Update News

Trump-coins

PNG Urges Caution to Buyers Considering So-Called “Trump Coins”

(Temecula, California)—So-called “Trump coins” are being offered in the marketplace. Although they may be delightful souvenirs, in many cases they should not be mistaken for “rare coins,” cautions the Professional Numismatists Guild (http://pngdealers

Continue reading on Coin Update News

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United Kingdom: Millennial Anniversary of Coronation of King Canute Remembered with New Crown Coin

On 1st January, the Royal Mint launched a new crown coin in remembrance of the millennial anniversary of the crowning of Canute, the English king who unified the whole of the realm under one authority in 1017. Canute is credited with expanding his authority in what was informally referred to as the North Sea Empire, which comprised England, Denmark, Norway, and parts of Sweden

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UK-2017-£5-kanute-or

United Kingdom: Millennial Anniversary of Coronation of King Canute Remembered with New Crown Coin

On 1st January, the Royal Mint launched a new crown coin in remembrance of the millennial anniversary of the crowning of Canute, the English king who unified the whole of the realm under one authority in 1017. Canute is credited with expanding his authority in what was informally referred to as the North Sea Empire, which comprised England, Denmark, Norway, and parts of Sweden

Continue reading on Coin Update News

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Lions Clubs Centennial Commemorative Silver Coins Available at Noon

At noon today, the Mint will release the 2017 Lions Clubs International Century of Service commemorative silver coins. Lions Clubs International, which was founded in 1917, seeks to meet the needs of local communities around the world

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A Game of Coins

The following is a reblog of a post by regular contributor Kendall Bailey (author of TheCoinBlog), who has kindly agreed to share this article with the readers of Coin Update.
Why are there no numismatic games? I mean, aside from flipping a coin, a total classic by the way, there just aren’t any good games featuring coins

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Affordable Barber Dimes

The Barber-dime series, produced from 1892 to 1916, is a relatively easy collection to complete in circulated grades. There is only one key date, the 1895-O (we’re excluding the extremely rare 1894-S), and even for that coin a collector could certainly hope to acquire an example in collectable condition for less than $1,000

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Stacks-Bowers-NYINC-lot-1170-face

NYINC Stack’s Bowers Auction Preview

 
The new auction year gets in full swing with several auctions scheduled during the first few weeks of 2017. Last week, we previewed Heritage Auctions’ “Platinum Night” offerings at this year’s FUN Convention, held in Fort Lauderdale January 5 through January 8

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The Royal Australian Mint’s New-Year Tradition

Update, January 1: It’s official—the world’s first coin of 2017 has been struck, and the design honors the Trans-Australian Railway (shown above). Congratulations to Sydney native Luke Marshall, and happy New Year to all!
The Royal Australian Mint has a whimsical—and popular—tradition

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Stacks-Bowers-NYINC-lot-1170-face

NYINC Stack’s Bowers Auction Preview

 
The new auction year gets in full swing with several auctions scheduled during the first few weeks of 2017. Last week, we previewed Heritage Auctions’ “Platinum Night” offerings at this year’s FUN Convention, held in Fort Lauderdale January 5 through January 8

Continue reading on Coin Update News

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Happy Holidays to all of our dedicated readers of Coinupdate.com

It’s been quite a year of new coins from all over the world, with the introduction of great numismatic and coin-collecting programs and many popular series that have remembered anniversaries and events such as the ones which took place during the First World War.
This year alone, the 2016 Rio Olympics were admirably staged in Brazil

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Affordable Barber Dimes

The Barber-dime series, produced from 1892 to 1916, is a relatively easy collection to complete in circulated grades. There is only one key date, the 1895-O (we’re excluding the extremely rare 1894-S), and even for that coin a collector could certainly hope to acquire an example in collectable condition for less than $1,000

Continue reading on Coin Update News

Taniwha

New Zealand: The Mythical Māori “Taniwha” Features on New Gold and Silver Proof Coins

On December 19, the Reserve Bank of New Zealand launched a new set of coins with a mythical creature prevalent in Māori folklore—the mighty Taniwha. Akin to dragons or serpents in the tales of many parts of the world, the Taniwha are also supernatural creatures said to hide in the ocean, rivers, lakes, or caves

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Thoughts on the United States Mint and Its Products

To many people it appears that the United States Mint has shifted away from its focus of producing circulating coinage for commerce in the United States and instead is trying to get as much money as possible from collectors by selling products at a large premium over face or bullion value. Some collectors have echoed concern about this as they are unable to purchase all products the Mint offers for sale due to the high cost of some of these items

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“Coin Heist” Movie Features the Philadelphia Mint

On January 6, a handful of teens will discover the value of error coins in Coin Heist, a Netflix original movie. In it, the foursome (described as “the hacker, the slacker, the athlete, and the perfect student”) attempt a scheme involving extremely rare error coins

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Celestial Cygnus: Final Northern Sky Coin Sells Out Instantly

On December 5, the Royal Australian Mint released the eagerly anticipated third and final coin of its extremely popular Northern Sky series of domed and colored coins depicting star constellations. That same day the mint marked the coin “temporarily unavailable,” and then the following day, declared it “sold out

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James-Rickards-New-Case-for-Gold

The New Case for Gold and the Gold Standard

If you follow precious metals, you are probably familiar with James Rickards, best-selling author of books such as The Death of Money and Currency Wars, an advisor to the defense and intelligence communities on international economics and financial threats, and a well-known expert on monetary policy and bullish proponent of gold. He has been working for 35 years as an attorney and investment banker

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James-Rickards-New-Case-for-Gold

The New Case for Gold and the Gold Standard

If you follow precious metals, you are probably familiar with James Rickards, best-selling author of books such as The Death of Money and Currency Wars, an advisor to the defense and intelligence communities on international economics and financial threats, and a well-known expert on monetary policy and bullish proponent of gold. He has been working for 35 years as an attorney and investment banker

Continue reading on Coin Update News

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Barber Dime Casts Spell in Harry Potter Prequel

The British “wizarding world” of Harry Potter has enchanted readers and filmgoers with fantasy landscapes for the past 20 years, but this November Fantastic Beasts and Where to Find Them takes filmgoers on a historical journey to New York City in the Jazz Era. While the inciting incidents in the Harry Potter franchise have ranged from hundreds of owls swarming a suburban home to deliver enchanted letters, to an evil wizard sending magical Brown Shirts (Death Eaters) to attack a resistance wedding, creator J

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U.S. Mint Sales Report: Walking Liberty Half Dollar Centennial Comes Out on Top

The Mint has released its sales report for the week ending November 20, 2016. The big sellers for the reporting period, naturally, were the new releases: the Walking Liberty Half Dollar Centennial Gold Coin and the Fort Moultrie (Fort Sumter National Monument) circulating quarters

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ATB Quarters Circulating Coin Set Goes on Sale at Noon

WASHINGTON – The United States Mint will begin accepting orders for the 2016 America the Beautiful Quarters Circulating Coin Set™ (product code 16AC) starting today (November 22) at noon Eastern Time (ET).
Priced at $5

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Computerized Grading, Part 3: What a Startup Might Look Like

So far, we have covered why an impartial and automated grading option would be beneficial and how the machine itself could possibly function.
Unfortunately, I do not foresee any of the current major grading companies working to develop this level of technology

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U.S. Mint Sales Report: 2016 American Silver Eagle Proofs Double Last Week’s Sales Figures

The Mint has released its sales report for the week ending November 14, 2016. Like last week, this week’s top-five rankings were almost unchanged; the only difference this week is that the Ronald Reagan Coin & Chronicles Set dropped out of the top five for the first time since its release on October 11

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Association Spotlight: Industry Council for Tangible Assets

This is the first in a planned series of articles on the groups and associations that serve the interests of numismatists around the country.
For the last few years, the Industry Council for Tangible Assets (ICTA) has been on a mission

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U.S. Mint Posts Images of Fort Moultrie (Fort Sumter) 5-oz. Uncirculated Silver Coin

The Mint has posted its first images of the Fort Moultrie (Fort Sumter National Monument) 5-ounce silver Uncirculated and bullion coins. Bullion coins are sold only to authorized purchasers (APs), who sell the coins to the public

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Coin-Show Roundup: NENA 75th-Anniversary Conference and Convention, Plus Selected Shows Nov. 11–13, 2016

The New England Numismatic Association’s 75th-anniversary conference and convention is being held this weekend in conjunction with the New Hampshire Coin and Currency Expo. The 120+ dealers started setting up yesterday (November 10, 2016) and concluded at 10:00 this morning, when early-bird hours concluded and the bourse opened to the public

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U.S. Mint Sales Report: Big Downward Adjustment for Theodore Roosevelt National Park 5-oz. Silver Coin

The Mint has released its sales report for the week ending November 6. The top five rankings were almost identical to those the previous week, the only difference being a reversal in the fourth- and fifth-place sellers

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The Decimal Bank Notes of Bermuda

In a previous article we discussed the pre-decimal banknotes of Bermuda, an interesting series that circulated until 1970. At that point, it was replaced by an entire new currency system that introduced decimal banknotes denominated in dollars and fixed at par with U

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nickel

High-End Sets Usually a Bargain — This One Was Stunning

As you can see, I won this Jefferson nickel set in a Capitol Coin Auction on Proxibid. The set was described as special, and because I trusted auctioneer Brad Lisembee’s numismatic skills, I bid $300, with the set coming in a hundred less than my maximum

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U.S. Mint Product Schedule: American Silver Eagle 1-Oz. Uncirculated Coin and Others Now on the Calendar

The Mint has posted schedule updates for the remaining catalog items for 2016. Also added were images of the Walking Liberty Half Dollar 2016 Centennial gold coin (shown above), along with its the official mintage limit of 70,000 and household order limit of 3

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WLH-obv-rev1

U.S. Mint Product Schedule: Walking Liberty Centennial and Other Coins Now on the Calendar

The Mint has posted schedule updates for the remaining catalog items for 2016. Also added were images of the Walking Liberty Half Dollar 2016 Centennial gold coin (shown above), along its the official mintage limit of 70,000 and household order limit of 3

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United Kingdom: 200 Years of the Iconic Sovereign Celebrated with Re-creation of Original Pistrucci Design

Yesterday (26th October) the Royal Mint unveiled their bicentenary anniversary design for the iconic gold Sovereign. The Sovereign’s full story is more than 500 years old

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Preview: Stack’s Bowers Galleries November 2016 Baltimore Auction

The Whitman Expo in Baltimore, held this year from November 3 to November 6, always sees several auctions being held, and this time is no exception. Stack’s Bowers will hold three different auctions offering United States coinage and United States paper money as well as a separate auction held in conjunction with the annual convention of the Colonial Coin Collectors Club (also known as C4)

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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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Thailand: Preliminary Announcements on Memorial Coin to Late Monarch

The Treasury department of the Government of Thailand, who are the overseers of circulation and commemorative coinage for the Southeast Asian kingdom, have made announcements regarding a commemorative coin dedicated to the memory of HM King Bhumibol Adulyadej—more commonly known as King Rama IX Chakri—who died last week at the age of 88 after a long illness. His Late Majesty was not only Thailand’s longest-serving king (he came to the throne in 1946 at the age of just 18), he was the world’s longest-serving head of state

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Gold, Rain, and Weddings: India’s Monsoons and World Gold Prices

Even as precious-metals prices continue their downward trend, market watchers continue to affirm their faith in gold as an economic safe-house in an uncertain financial world. The factors at play are numerous; ranking high among them are a tense U

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October: Rushmore and Roosevelt Tower Over the Landscape This Month

America’s national parks have been the subject of the America the Beautiful® Quarters Program since 2010, when the Hot Springs National Park quarter kicked off the series. This month sees the convergence of a president, Theodore Roosevelt, and one of the national monuments with which he is most strongly associated—Mount Rushmore

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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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U.S. Mint Sales Report: New Theodore Roosevelt National Park Products in the Top 5

As of the Mint’s October 9 update, the 30th-Anniversary Proof American Silver Eagle continues to be a steady seller, retaining its place at the top of the rankings with 24,965 sold.* Last week’s figure was 24,391 units; the previous week, 40,786 units

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U.S. Mint: Reagan Coin and Chronicles Set Available at Noon Today

The final Coin and Chronicles Set, honoring former president Ronald Reagan, will be available to order on the Mint’s website today at noon. The number of sets produced is limited to 150,000; the household order limit is 3

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Interview: Victoria Cleland, Bank of England’s Chief Cashier, Discusses the Country’s New Polymer Banknotes

 
The new £5 polymer note with its long-awaited portrait of Sir Winston Churchill has been one of the most anticipated and talked-about British banknotes and represents the greatest change since the introduction of color £5 notes in 1957. The May 2016 unveiling of the Bank of England’s latest superstar was just that—as if a great celebrity had come to town and was looking forward to meeting their excited and awaiting fans

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Interview: Virginia Cleland, Bank of England’s Chief Cashier, Discusses the Country’s New Polymer Banknotes

 
The new £5 polymer note with its long-awaited portrait of Sir Winston Churchill has been one of the most anticipated and talked-about British banknotes and represents the greatest change since the introduction of color £5 notes in 1957. The May 2016 unveiling of the Bank of England’s latest superstar was just that—as if a great celebrity had come to town and was looking forward to meeting their excited and awaiting fans

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U.S. Mint Sales Report: Week Ending 10/2/16

Once again, the Proof American Silver Eagle—with special 30th-anniversary edge—is the big seller for the week, although its overall pace of sales continues to slow. During the week ending September 25, the Proof ASE sold 40,786 units; last week (ending October 2), sales slowed to 24,391 units

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Review: “Sample Slabs” (2nd ed.), by David Schwager

Numismatic writer David Schwager’s Sample Slabs catalog—a behemoth 620-page compendium of sample coin and currency holders from dozens of companies, including NGC and PCGS—is a fascinating study in “buying the holder, not the coin.” Well, maybe that’s an overstatement because the work is so well written, researched and illustrated that you may want one, as I did, for a personal numismatic library

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U.S. Mint Sales Report: With Ordering Restrictions Removed, SLQs Get a Boost

The Proof American Silver Eagle—with special edge denoting the 30th anniversary of the American Eagle bullion coin program—has been out for a little over a week now. After selling 322,317 in the first three days, the pace slowed; 40,786 more coins were sold in the past week

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Toned Morgans Light Up the Northern Sky in Vegas

On September 29, Legend Rare Coin Auctions will offer 19 coins from the Northern Lights Collection at a PCGS-members-only auction in Las Vegas. Described in the catalog as “one of the all-time greatest collections of monster toned Morgan dollars,” the entire collection of nearly 100 coins is being broken up and sold across six auctions

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Numismatic Authors Will Share Their Knowledge at the 2016 PAN Show

(Atlanta, Georgia) — Four award-winning numismatic authors will appear as guest speakers at the Pennsylvania Association of Numismatists Fall Coin Show, Thursday through Saturday, October 27–29, 2016. Clifford Mishler, Douglas Mudd, and Dennis Tucker are featured in the PAN Lecture Series, a free program starting Friday at 1:00 p

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Exonumia: Challenge Coins Get a Hat-Tip in the Press

 

An article in today’s Washington Post calls attention to the collecting specialty of “challenge coins,” particularly CIA challenge coins. For those who are unfamiliar with the term, challenge coins are medallions that are imprinted with an organization’s insignia and distributed to its members

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Louisiana Purchase Commemorative Gold Dollars

Thirteen gold commemorative coins were released by the United States Mint between 1903 and 1926, ranging in denominations from one dollar to fifty dollars. These were sometimes released in conjunction with a commemorative silver dollar, but occasionally featured another subject altogether, as was the case with the first two gold commemorative issues, the 1903 Louisiana Purchase gold dollars

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Review: 2016 Long Beach Heritage Auctions World Currency Sale

It is almost a tradition now for Heritage Auctions to have a world currency auction in conjunction with the September show in Long Beach, California. This year, there were a total of 1,890 lots offered for sale, including a floor auction held on September 8 and an on-line only session ending on September 12

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The Pre-Decimal Bank Notes of Bermuda

Bermuda is an island in the North Atlantic Ocean that was named after the Spanish Explorer Juan de Bermúdez, who first visited the island in 1503. A British Overseas Territory, the island is popular with North American and European tourists for its climate, which is mostly pleasant year-round, despite the relatively northern location

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Review of National Numismatic Certification

Increasingly I have been seeing slabs by National Numismatic Certification, a Florida firm, whose coins I sometimes bid on despite its grading being inconsistent at times, with flaws that would disqualify coins at PCGS or NGC. But that’s not an issue if you know how to grade, because some NNC-holdered coins are grade-worthy and, on occasion, near what a top company might award

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U.S. Mint Launches Theodore Roosevelt National Park Quarter at Public Ceremony

United States Mint Deputy Director Rhett Jeppson presents Theodore Roosevelt National Park quarters struck on the first day of production, Superintendent Wendy Ross and NPS Deputy Regional Director Patricia Trap. U

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Collecting on a Budget: Affordable Standing Liberty Quarters

The Standing Liberty quarter, originally produced from 1916 to 1930, is in the news this year thanks to the 100th anniversary of its introduction and the release of the centennial gold version from the United States Mint. It was intended to replace the Barber design with something more beautiful, and few collectors would argue that the issues introduced in 1916 are not among the most attractive circulation coinage America has ever produced

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Grading Results of Cleaning and Old Green Holders

Remember these coins? Two on the right were cleaned with MS70 detergent and two with an undisclosed dilution of water and Jewel Luster, a dipping product. All were cracked out of PCGS holders to test cleaning and grading consistency

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Poll Results: Which is Your Favorite Modern Commemorative Silver Dollar?

The results are in for our latest Coin Update poll, which asked readers to vote for their favorite modern commemorative silver dollar. Following a long neck-and-neck race with the 2001 American Buffalo Commemorative Silver Dollar, the 1999 Yellowstone National Park Silver Dollar came out ahead with 26% of the vote

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ANA World’s Fair of Money Preview, Part II: Heritage Auctions World & Ancient Coins Sale

The World’s Fair of Money, organized by the American Numismatic Association, will be held this year in Anaheim, California, from August 9 to August 13. The week-long event-filled convention will be accompanied by various auctions offering thousands of US and world coins and currency

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ANA World’s Fair of Money Preview, Part I: Heritage Auctions U.S. Rarities Sale

The World’s Fair of Money, organized by the American Numismatic Association, will be held in Anaheim, CA, this year from August 9 to August 13. The week-long event-filled convention will be accompanied by various auctions offering thousands of United States and world coins and currency

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Full Bell Lines and Older Holders

Recently in a Proxibid auction I saw an opportunity to score big by winning six Franklin half dollars in older holders, circa 1999, graded MS-64 full bell lines.
The abbreviated designation, “FBL,” refers to the reverse of a Franklin half dollar on which the two lines on the bottom of the bell run unbroken to the crack

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Challenges, Opportunities, and Lessons Learned: The U.S. Mint’s Upcoming Palladium Program

The legislated motifs of the palladium coin: Adolph Weinman’s Winged Liberty dime obverse, and the reverse of the 1907 American Institute of Architects medal, also by Weinman.
The Citizens Coinage Advisory Committee is a public group established by Congress to advise the secretary of the Treasury on designs for U

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European Central Bank Unveils New Version of “Europa” Series €50 Bank Note

On July 5, the European Central Bank (ECB) unveiled a new version of the €50 bank note that features the latest security technology and a revision to its overall design, while retaining the theme and color scheme of the previous series, first issued in January of 2002.

The note was unveiled by Yves Mersch, an ECB Executive Board member, in the press center of the European Central Bank’s headquarters in Frankfurt, Germany

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Online Platforms vs. Buyer’s Fee: Share Your Views!

Occasionally we need our viewers to weigh in on a complex or controversial issue, and this is as controversial as it gets: questions about where you do online coin business and why and what terms you are willing to accept or reject.
We will cover fees (paid by sellers and buyers) in addition to services before sharing some examples from my Proxibid experience–which you can affirm or contest, as always, because your opinions matter at Coin Update

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2016-W American Platinum Eagle: How Does Quick Sellout Impact Aftermarket? 

On May 26, as collectors waited to find out when the 2016-W Centennial Gold Standing Liberty Quarter and other highly-anticipated issues will launch this year, the Mint surprised everyone by announcing that the 2016-W $100 American Platinum Eagle Proof coin would be released on June 30.
Last year’s release in this popular series was not available until last December due to problems sourcing sufficient supplies of platinum planchets

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Is There a Safe Way to Clean Coins?

Nothing elicits more comments from the coin community than the topic of cleaning, so let’s start off by stating any type of cleaning, including the use of MS70 Coin Cleaner, is controversial. Some hobbyists put MS70 and similar detergents on the same prohibitive plain as Jewel Luster (e-Z-est Cleaner) or similar products

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Breast Cancer Awareness Commemorative Coins Are Coming in 2018

A bill proposing the issue of 2018-dated commemorative coins promoting breast cancer awareness was signed into law by President Obama on Friday, April 29. This program is perhaps best known for its proposed inclusion of “pink gold” in the composition of its $5 gold issue, which will mark the first time such color has been employed on a coin struck by the United States Mint

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The 960 Réis Overstrikes of Brazil

One of the most fascinating series in South-American numismatics, the 960 réis of Brazil, first minted in 1810, differs slightly from other “crown-sized” coins from the early 19th century.
Most date/mint-mark combinations can be found with relative ease, since many dates were produced in large quantities, but it is the source of the silver planchets used to strike the coins that makes the series so interesting

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Collecting on a Budget: Affordable Indian Head Cents

We are continuing our series on interesting coins costing less than $100 with what is arguably America’s most loved and hated denomination: the cent. We have discussed the Lincoln Wheat cent series in an earlier article, and now we will go further back in time to the Indian Head cent series, which was produced from 1859 to 1909

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Celebration of Ireland’s Newest Collector Coins Honors Anniversary of Easter Rising

The Easter Rising of 1916 is one of the most pivotal events in modern Irish history, serving as a preamble to Ireland’s eventual independence in 1922. This year, the centennial anniversary is being celebrated nationwide; the primary celebration was held on March 27, Easter Sunday, commemorating the event which set the country firmly on the path to self-determination and the recognition of the Irish Free State

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Auction Follow-Up: Rarities Night at the 2016 Spring Whitman Expo

Last week, Dennis Hengeveld previewed some of the most interesting coins going up for sale during the Stack’s Bowers “Rarities Night” at this year’s Spring Whitman Expo in Baltimore. The sale took place at 5 pm on March 31 in the Baltimore Convention Center and coaxed high prices for a variety of interesting pieces, though a few fell short of expectations

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Coin Show Etiquette

With dozens of coin shows being held across the country (and around the world) every month it’s always a good idea to consider coin show etiquette. One might wonder if that’s really necessary, as good etiquette is appreciated and useful in all aspects of life, but it never hurts to revisit these standards, particularly in a numismatic context

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Collecting on a Budget: Affordable Walking Liberty Half Dollars

Recently we have taken a look at American coin types that provide opportunities for collectors to purchase interesting coins for less than $100; this article continues the series with the Walking Liberty half dollar. Designed by Adolph Weinman, these silver half dollars were struck from 1916 to 1945 and are considered to be one of the most classic issues of American coinage

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Double Mint Set Tutorial

If you have not yet read my Coin Update post, “Buying Double Mint Sets,” you might do so before reading this one, because unethical sellers often take out the toned coins and replace them with lesser examples with the same date, hoping beginning hobbyists will still pay premiums. It’s one of the biggest ripoffs in collecting

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NGC Upgrades Guides to Match PCGS CoinFacts

Following the PCGS announcement late last year that CoinFacts would be available to hobbyists for free, competitor NGC has launched a nifty, enhanced price guide that contains many of the same features as CoinFacts, with graphics, census data, and auction prices.
In a news release earlier this month, NGC claimed that its U

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2016 COTY AWARDS: Highlights From the Awards Presentation

The 33rd annual Coin of the Year Awards (COTY’s) commenced on the second day of the World Money Fair, with representatives from various mints in attendance to receive awards for 2014-dated coins nominated in eleven categories.
This year saw the return of David Harper, Editor of Numismatic News, as the host and presenter

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2016 World Money Fair, Part II: Media Forum Highlights

The 45th World Money Fair formally opened on February 5, with the Republic of Korea serving as this year’s guest host. The media forum, which takes place just after the formal opening of the fair, is a popular event in which a selected group of mints and central banks have the opportunity to discuss upcoming coin issue programs for the year, as well as share ideas and themes with other mints

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World Money Fair 2016: Highlights of Europe’s Amazing Three-Day Numismatic Event

Last week’s World Money Fair was considered an overall success in its 45th consecutive year, with a steady stream of collectors and dealers alike passing through the turnstiles. The annual three-day event concluded on a positive note Sunday with end-of-the-day and last-minute deals for some lucky collectors

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CRACK-OUT OR RECONSIDERATION? See these results!

Recently in an estate auction I won more than 50 lots of coins in older green PCGS holders, which traditionally have the allure of being conservatively graded and deserving of upgrades.
For several years now I have been submitting my own coins to the top holdering companies, paying an annual fee for that privilege to PCGS and NGC

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2015 American Eagle Platinum Proof Coin Sells Available Inventory in Minutes

Last week, the Mint made a surprise announcement the day before Thanksgiving: the 2015 American Eagle One Ounce Platinum Proof Coin would be released days later, despite the Mint’s reported problems procuring the platinum planchets necessary to move forward with the issue. In part because of this planchet shortage, the coin was given the low mintage limit of 4,000 pieces; when it was released today at noon, it wasn’t long before collectors exhausted the available inventory

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Roanoke Commemorative Half Dollar

After a plethora of commemorative half dollars were released in 1936, 1937 was a quieter year, with only two new commemorative half dollars issued with that date. Unlike many commemorative coins dated 1936, those released the following year where actually struck to recognize noteworthy events: the Battle of Antietam in the American Civil War (discussed in a previous article), and the 350th Anniversary of the founding of the “lost colony” of Sir Walter Raleigh on Roanoke Island in present-day North-Carolina

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Lewis and Clark Commemorative Gold Dollars

After the United States struck its first gold dollars (in the form of commemoratives) in over a decade in 1903, more would follow in subsequent years. In this article we will discuss the 1904 and 1905 Lewis And Clark Exposition gold dollars, struck to commemorate the 100th anniversary of the Lewis and Clark expedition, which took place from 1804 to 1806

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Ireland Retires 1- and 2-cent Coins: A Q&A with Ronnie O’Toole of the Central Bank

On October 28 , Ireland joined the likes of Belgium, Finland, and the Netherlands when they effectively removed their two smallest coins from general circulation. The practice of “rounding” up or down to the nearest five cents has been considered by many in the euro-zone, though just four of the current nineteen member states have put this into practice

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NGC Rolls Out Redesigned Labels

Numismatic Guaranty Corporation has re-designed its holder, adding a larger label with an increased flush-left font size that will provide more options for graphic design as well as more room for CAC and other stickers.
The size and other features of the holder remain the same, featuring the company’s sonically sealed display containing watermarks, updated holograms and proprietary information to prevent counterfeiting

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Poll Results: Best Year for ATB Quarter Designs

Our latest Coin Update poll asked readers which year they felt boasted the best America the Beautiful quarter designs so far, and the results are in. Soon after launching the poll, designs from 2010, 2012, and 2015 were locked in a dead heat; later, 2010 and 2015 pulled ahead of the others, with 2015 eventually taking the lead

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Preview: November 2015 Baltimore Whitman Expo

With autumn having set in around the country, it’s time again for the fall Baltimore show organized by Whitman, held this year from November 5 to 8. In conjunction with the show, Stack’s Bowers organizes several auctions, offering United States and world coins and currency, as well as several lots of numismatic Americana

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Proxibid Adopts Bidder-Friendly Coin Listing Rules

I’ve been writing about self-slabbed and hyped coins for more than five years on Coin Update News, not only because of the inherent dishonesty of auctioneers calling a silver-melt Morgan MS67, but also because of concerns about the hobby.
One bad transaction in which a significant sum is lost, based on misleading or even fraudulent information, and the buyer will typically cease collecting coins

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Key Date Liberty Quarter Eagles

Struck throughout most of the 19th century and into the early 1900s, the Liberty Quarter Eagle constitutes a series of scarce coins with a fair share of rarities. A complete basic date and mintmark set comprises 136 or 137 different coins (depending on who you ask, more on that later), and that number does not include major varieties often included in such a series

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The Artists Behind the “Mohawk Ironworkers”

 

I have appreciated the “Mohawk Ironworkers” reverse on the 2015 Native American dollar since I first saw it in March, but I’ve admittedly grown fonder of it this past week, after I received the 2015 Coin & Currency Set in the mail.
The design and execution of the image are great to begin with, but the enhanced Uncirculated finish adds something here, emphasizing the busy density of the New York cityscape against the shining emptiness of the open sky

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Antietam Commemorative Half Dollar

The 1937 Battle of Antietam Commemorative half dollar (or simply “Antietam,” as it is generally referred to in the numismatic world) is the last in a series of classic commemoratives focusing on the American Civil War. The coin commemorates the Battle of Antietam, sometimes referred to as the Battle of Sharpsburg, which was fought on September 17, 1862 in Washington County, Maryland

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Coin Ruling Affects Perception of Value

In late May, a federal court judge in Texas issued a ruling against a New York-based firm that owned a third-party grading company between November 2010 and December 2011, citing the Racketeer Influenced and Corrupt Organization Act (RICO) and potentially awarding close to $1.9 million for the plaintiffs

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Crossover Reality Check: Old Green PCI Holders

A few years ago an important question concerning older PCI green holder-slabbed coins was posted on CoinTalk for discussion, asking hobbyists if its grading compared “across the board to NGC or PCGS. … What I mean is if a PCI coin is graded say MS 66, do you think it would grade the same, one grade less or way low if unslabbed and sent to NGC or PCGS?”
The quality of grading is in its consistency, for which NGC and PCGS are renowned

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Apollo 11 50th Anniversary Commemorative Coin Act

Earlier this month, a bill was introduced in the House of Representatives which seeks to authorize a commemorative coin program to recognize the 50th anniversary of the first manned landing on the moon. The program would include several innovative aspects such as the use of a 5 ounce silver coin, a curved shape, and potentially a reverse design which extends over the edge of the coins

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William Butler Yeats Silver Proof Coin Launched in Dublin by Central Bank of Ireland

As tribute to William Butler Yeats, one of Ireland’s best known poets, playwrights, authors as well as a Nobel Prize winner for literature, the Central Bank of Ireland launched on the 3rd June, their latest collector coin very fittingly at the Abbey Theatre in Dublin, which was co-founded by Yeats in 1904. As the portrait of Yeats was seen in the backdrop during the presentation, guests were reminded of the great impact Yeats had on the country’s awareness on national identity and consciousness during the years leading up to an independent Irish state

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Key Date Barber Quarters

Of the three series commonly known as Barber coinage (dimes, quarters and halves) the quarter set is without a doubt the most difficult to complete in any grade. The set contains the three “kings of Barber coinage”, three San Francisco issues that are among the most difficult coins of the series in use in the early 20th century to find in any condition

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US Mint Sales Report: Revisiting 2015 Commemorative Coins

Once again there were no new numismatic product releases from the United States Mint, so the latest weekly sales report will revisit the 2015 commemorative coin programs. Separate programs mark the 225th anniversary of the US Marshals Service and the 75th anniversary of the March of Dimes Foundation

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Magna Carta’s 800th Anniversary Celebrated on New Precious Metals Coins

The Royal Mint has issued the precious metal versions of the commemorative coins celebrating the 800th anniversary of the signing of the Magna Carta or, Great Charter. The charter was issued by King John of England signed at Runnymede, near Windsor, on the 15th June 1215 and drafted by the Archbishop of Canterbury to make peace between the unpopular King and a group of rebel barons

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1936 San Francisco-Oakland Bay Bridge Commemorative Half Dollar

Virtually anyone who ever visited the San Francisco Bay Area will either have traveled on or seen the Bay Bridge, connecting San Francisco with Oakland. Bigger, longer and older than it’s more famous orange-red brother the Golden Gate Bridge (which was completed in 1937, a year after the Bay Bridge) the bridge is vital in transporting people from the East Bay to the City

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William B. Yeats 150th Anniversary of Birth Celebrated on New Silver Coin

The Central Bank of Ireland have announced that a new silver coin will be issued in honor of one of the country’s most well-remembered and honored poets and authors, that of William Butler Yeats (1865 – 1939) on this the 150th anniversary of the year of his birth and who is widely considered to be one of the greatest poets  of the twentieth  century. He was one of the leading figures in the Irish Literary Revival and his writing was deeply influenced by Irish mythology and folklore

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Royal Canadian Mint Bald Eagle Fractional Silver Coin Set

The Royal Canadian Mint have announced the issue of a new four coin fractional silver set which features an image of the amazing bald eagle—Haliaeetus leucocephalus. Canada’s largest bird of prey and the only eagle exclusive to North America, an apex predator with no natural enemies, the bald eagle has long been a potent symbol of vision, power, and stoicism

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EXPO 2015 Milano Off To An Incredible Start

Official Souvenir Medal Named As Best-Selling Item Associated with the Universal Exposition After five years of planning & preparation involving thousands of people literally from all over the world providing logistics and expertise, the EXPO 2015 Milano got off to an amazing start when the EXPO pavilion was officially opened to an awaiting crowd who had lined up from the early morning hours to be among the first visitors to the six-month long multi-national celebration. Just 20 hours to go before the EXPO official opening

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Royal Couple Welcome Newest Arrival, New Coin Celebrates Latest Addition

The Royal Mint have announced that a gold, silver and cupro-nickel crown coin has been issued which celebrates the newest arrival for the Duke & Duchess of Cambridge family, whose second child was born on the 2nd May. The new arrival is the couple’s first daughter with the new-born Princess weighing in at a healthy 8 pounds, 3 ounces

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US Mint Sales Report: Kisatchie National Forest Quarter Products Debut

The latest weekly United States Mint numismatic product sales report contains the debut figures for several new products. This includes the Kisatchie National Forest Quarter numismatic bags and rolls, the related three coin set, and the 2015 America the Beautiful Quarters Uncirculated Coin Set

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Denmark’s Margrethe II, A Numismatic Evolution From Princess to Queen, 1958 – 2015

The centuries-long tradition of the Kingdom of Denmark celebrating Royal events & anniversaries with the issue of a commemorative coin continues this month, as 2015 ushers in celebrations for the 75th birthday of one of Europe’s longest serving heads of state, Queen Margrethe II of Denmark. The recent circulation coins of Denmark have undergone a lot of change, and the same goes for collector & commemorative issues

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Bill Seeks Changes to Bullion and Collectible Coin Requirements

A bill introduced in the House of Representatives seeks changes to various requirements for United States Mint bullion and collectible coins. The changes would impact the American Gold Buffalo, silver versions of circulation coins included in numismatic sets, and the potential palladium bullion and collectible coins

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Preview of Heritage CICF World Coins & Ancient Coins Signature Auction

The second week of April will see the Chicago International Coin Fair (CICF) organized in Rosemont, IL, a suburb of Chicago close to O’Hare International Airport. Known for its active bourse floor focusing on ancient and world coinage, Heritage Auctions will be organizing both floor and online coin & currency auctions

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US Mint Numismatic Program Net Income and Seigniorage Down 47% in FY 2014

During the fiscal year ended September 30, 2014, the United States Mint saw roughly flat revenue from their numismatic segment, although a shift in product mix and losses generated by some categories send net income and seigniorage down 47%. Revenue for the numismatic segment was $504

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US Mint Sales Report: 2015 Native American Dollars Debut

The latest weekly United States Mint numismatic product sales report includes the debut numbers for the 2015 Native American Dollar products as well as the 2014 Limited Edition Silver Proof Set. The US Mint opened sales for products containing circulating quality 2015 Native American Dollars from the Philadelphia and Denver facilities on March 19, 2015

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Stack’s Bowers March 2015 Portland ANA Auction Recap

The spring convention of the American Numismatic Association was held in Portland, Oregon this year, from March 5 through March 7. As part of the show Stack’s-Bowers held a relatively small auction of United States coins, many of which had been off the market for quite some time, and were certified by PCGS or NGC (in many cases) several decades ago

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US Mint to Offer 2015 March of Dimes Special Silver Set

As part of this year’s March of Dimes Commemorative Coin Program, the United States Mint will be offering a limited edition collector set which includes specially produced Roosevelt Dimes. The program was authorized under Public Law 112-209 to recognize and celebrate the 75th anniversary of the March of Dimes Foundation

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Interview with Jody Clark, Designer of the New Queen Elizabeth II Effigy

The news that a new effigy of the Queen would be introduced by the Royal Mint this year made national news headlines in the UK as there hasn’t been this kind of change to British coinage since 1998. Michael Alexander of the London Banknote and Monetary Research Centre went to the unveiling to see firsthand the new portrait which will be included on British coinage from now on and to also speak with its designer, Jody Clark

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Royal Mint Unveils New Definitive Portrait of Queen Elizabeth II

With fanfare not seen since the unveiling of the new reverse sides of the Nation’s coinage in 2008 at the Tower of London, the Royal Mint has unveiled the fifth portrait of Her Majesty Queen Elizabeth II – which is to grace British coins from today. Incorporating the backdrop of the National Portrait Gallery just off Trafalgar Square, the portrait, which had been kept under strict wraps since it was chosen by the Royal Mint Advisory committee and from a selection of eight serious submissions, only three were “shortlisted” which included this winning design

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Resubmitting Questionably Toned Coins

If a grading company sends back your coin questioning its toning, is that the end of the matter? Or is your knowledge of toning so advanced that you can second-guess the grader and resubmit the same coin so that it comes back with a grade? This is the topic of today’s column, and its intent is not to criticize coin graders at top companies but to make the point that toning on some coins is “questionable” (PCGS’s label) and really not 100% “artificial” (NGC’s label). PCGS’s “questionable” label, technically, is more accurate on borderline coins, ones that truly tone spectacularly and others that coin doctors can re-create

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Britannia Will Return to British Circulating Coinage on New £2 Coin

The Royal Mint have revealed the new design for the currently circulating £2 coin which will replace the current technical / mechanical motif first introduced in 1997 and designed by Bruce Rushin with the issue of the UK’s first two pound coin for general circulation. The new design sees a return of the mythical figure of “Britannia” since her image was removed from definitive circulation coinage in 2008

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