Profile photo of admin

by admin

The Coin Blog: A different kind of coin club

February 25, 2017 in Blogs, Coins, Collecting, Education, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Online Tools, Opinion, USA Coins, World Coins, Young Collectors

By: Kendall Bailey News.CoinUpdate.com (Coin Update News)

Blogger Kendall Bailey, who frequently writes for Coin Update, has some great ideas for breathing life into what many fear is a dying hobby. Last week, we shared his “Real-world ideas for promoting numismatics.” This week, we’re sharing his follow-up piece, “A different kind of coin club.” Take a look and let us know your thoughts in the comments—or head over to TheCoinBlog.net to read the original post there.


I recently blogged about ways to promote collecting. One of the ideas was to start a coin club that had no membership fees and a flat… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

Share Button
Profile photo of admin

by admin

Buying the book

February 25, 2017 in Blogs, Books, Coins, Collecting, Education, Entertainment, Fun, History, Investing, Numismatica, Numismatics, Opinion, USA Coins, World Coins

By: Scott Coin Collectors Blog (CoinsBlog.ws)

An adage of numismatics is “Buy the book before the coin.” It was first used by numismatist and dealer Aaron Feldman in an advertisement that appeared in the March 1966 issue of The Numismatist. Aside from being used to sell books, this sound advice tells collectors to enhance their knowledge of the hobby. Education is […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

Share Button
Profile photo of admin

by admin

Picking my own pocket

February 24, 2017 in Blogs, Coins, Collecting, Education, Entertainment, Fun, Numismatica, Numismatics, Opinion, Pennies, Rare Coins, USA Coins

By: Scott Coin Collectors Blog (CoinsBlog.ws)

Although I have a number of stories to post and have a few articles started, I continue to look for coins for various reasons. Sure, some of the coins I find are not part of a collection I am working on. But there are a few that when they appear in my pocket change  get stored in my desktop bank. […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

Share Button
Profile photo of admin

by admin

“Breaking Bread With In God We Trust” Topic Of ANA Show Presentation By Michael Fuljenz

February 23, 2017 in ANA (American Numismatic Association), Clubs and Associations, Coins, Collecting, Conventions, Education, Events, History, Legal, Legislation, Money, News, Numismatic Literary Guild, Numismatic Societies and Clubs, Numismatica, Numismatics, Opinion, Press Releases, U.S. Notes, US Government, US Mint, USA Coins

February 23, 2017

News media contact:
Paul Stein, (409) 860-9077

“Breaking Bread With In God We Trust” Topic Of ANA Show Presentation By Michael Fuljenz

Michael Fuljenz, President of Universal Coin & Bullion

Michael Fuljenz, President of Universal Coin & Bullion

(Orlando, Florida) – Educator and award-winning numismatic writer Michael Fuljenz, President of Universal Coin & Bullion (www.UniversalCoin.com) will gave an informative Money Talks, “Breaking Bread With In God We Trust, at the American Numismatic Association National Money Show® in Orlando, Florida.  The presentation will begin at 1 pm, Thursday, March 9, 2017, in room W240D at the Orange County Convention Center West Building, site of the show.

A complimentary premium box lunch and bottled water will be available for the first 50 attendees at this lunchtime seminar about the patriotic motto, In God We Trust (www.INGODWETRUSTonmoney.com).

During the educational presentation, Fuljenz will explain how the motto actually was first inspired by events during the War of 1812 that sparked creation of the National Anthem; first appeared on U.S. coins a half century later in 1864; and now continues to withstand legal challenges.

A former high school chemistry and physics teacher and principal of the Governor’s gifted students program in Louisiana, Fuljenz has received more than 60 awards from the Numismatic Literary Guild as well as national and regional awards and honors for his consumer education and protection work in rare coins and precious metals.  He also received an Honorary Doctorate in Humane Letters from McNeese State University.  

A respected community leader and literacy advocate in his hometown of Beaumont, Texas, Mike also has served with distinction as a consultant to the Federal Trade Commission, United States Mint and Royal Canadian Mint, and is on the Boards of Directors of the Jefferson County Texas Crime Stoppers organization, the Diocese of Beaumont Catholic Schools, the Industry Council For Tangible Assets and the Numismatic Literary Guild.

For additional information about the ANA National Money Show, visit www.NationalMoneyShow.com. To read Fuljenz’ free, weekly Metals Market Report go to www.UniversalCoin.com.

Share Button
Profile photo of admin

by admin

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

February 23, 2017 in Books, Coins, Collecting, Education, Events, History, Investing, News, Numismatica, Numismatics, Reference, US Mint, USA Coins

By: Coin Update News.CoinUpdate.com (Coin Update News)

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. To celebrate the 225th anniversary of coinage at the Philadelphia Mint (1792–2017), the hardcover version of the Red Book‘s 71st edition includes a commemorative gold-foil portrait of David Rittenhouse, first director of the Mint, who was appointed by President George Washington. The Red Book can be… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

Share Button
Profile photo of admin

by admin

A brief history of silver certificates

February 16, 2017 in Blogs, Collecting, Education, History, Investing, Numismatica, Numismatics, Opinion, U.S. Notes

By: Tegna Liberty Coin and Currency Blog

United States Silver Certificate

Forms of currency come and go throughout the histories of nations around the world, from the Franc to the Euro, and from simple gold pieces to the standard silver coin. The U.S. is a relatively young nation (240 years old) but its currencies have changed several times since its founding. One currency lost to antiquity is the Silver Certificate, which began circulation in 1878.

A Brief History of the Silver Certificate

The Silver Certificate was created in response to silver agitation (demonetized silver) by American citizens upset with the Fourth Coinage Act of 1873, which aimed to end bimetal currency by implementing… Full article at the source>

Source: Liberty Coin and Currency Blog

Share Button
Profile photo of admin

by admin

A junk box find that is not junk

February 16, 2017 in Blogs, Coins, Entertainment, Fun, Mexico Coins, Numismatica, Numismatics, Opinion, Precious Metals, Silver, Silver Coins, World Coins

By: Scott Coin Collectors Blog (CoinsBlog.ws)

A few weekends ago, I was out picking when someone offered to sell a box of lapel pins and buttons. Most of the buttons were modern political mainly from the 1988 election through the 2008 election. There was a mix of both major parties along with a number of local and state races, primarily from […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

Share Button
Profile photo of admin

by admin

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

February 15, 2017 in Coins, Collecting, Education, Grading, News, Numismatica, Numismatics, Opinion, Precious Metals, Silver, Silver Coins, US Mint, USA Coins, World Coins

By: Louis Golino News.CoinUpdate.com (Coin Update News)

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.

But considering how important the issue is in terms of its impact on the value of coins and the market for them, it is striking that milk spots have not received a… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

Share Button
Profile photo of admin

by admin

Follow-up: The Volatile State of Online Estate Auctions

February 14, 2017 in Auctions, Coins, Coins for sale, Collecting, Education, Investing, News, Numismatica, Numismatics, Opinion, Rare Coins, USA Coins, World Coins

By: Michael Bugeja News.CoinUpdate.com (Coin Update News)

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. Some use third-party shippers. Some do not ship at all.. And a few charge high shipping fees..

These costs were passed to bidders, I noted. At first, auctioneers with onsite clientele did not charge local buyers any fees. Then many had to do so… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

Share Button
Profile photo of admin

by admin

PNG Calls For 2017 Award Nominations

February 13, 2017 in ANA (American Numismatic Association), Awards, Collecting, Conventions, Events, History, Investing, New Releases, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild, Press Releases, USA Coins, World Coins

For immediate release
February 13, 2017

News media contact:
Robert Brueggeman (951) 587-8300

PNG Calls For 2017 Award Nominations

 

Professional Numismatists Guild logo

Professional Numismatists Guild logo

(Temecula, California) — Nominations now are being accepted for the 2017 Professional Numismatists Guild (www.PNGdealers.org) awards, according to PNG Executive Director Robert Brueggeman and President Dana Samuelson.

           “Each year the PNG publicly recognizes outstanding achievements in the hobby and the profession by honoring deserving recipients with awards in a half dozen categories.  We cordially welcome and strongly encourage nominations from all collectors and dealers,” said Brueggeman.

           “The award winners will be announced at the annual PNG Day banquet that will be held following the PNG/ANA Numismatic Trade Show in Denver Colorado on July 31, 2017.  That is the eve of the American Numismatic Association’s World’s Fair of Money® (www.worldsfairofmoney.org) convention in Denver,” explained Samuelson.

           Nominations should be made directly to the appropriate award category chair by mid-June.  The categories and contacts are:

Abe Kosoff Founders Award: Presented to a PNG member-dealer with steadfast dedication to the entire numismatic community and who has made a significant contribution to the Guild or to the numismatic fraternity in general the past year.  The award is named after PNG’s Founding President who spearheaded the 1953 launch of the organization.  Committee Chairs: Richard Weaver and Wayde Milas.  Emails: rweaver@dvrcc.com and wmilas@rarecoa.com

           Art Kagin Ambassador Award: This award is named after a former PNG President and nationally-known Iowa dealer who provided distinguished service as an advocate of numismatic goodwill.  Committee Chair: John Maben.  Email: jfmtrading@yahoo.com.

           Significant Contribution Award: Given to those who have made exceptional, beneficial efforts over the years on behalf of PNG and the profession, and added to the hobby.  Committee Chair: James Sego.   Email: jsego@jmscoins.com.

           Lifetime Achievement Award: Presented to a numismatist for his/her extraordinary devotion to numismatics and who, over their lifetime, significantly contributed to the hobby or profession.  Committee Co-Chairs: Dana S. Samuelson and Barry Stuppler.  Emails: dana@amergold.com and barry@stuppler.com.

           Sol Kaplan Award: To recognize efforts and contributions in combatting crimes against the numismatic community, this award is presented to someone who has given their time in an attempt to rid the profession of fraud and thievery. The award is jointly presented by the PNG and the Lewis M. Reagan Foundation.  It is named after a former PNG President and Ohio dealer who was personally responsible for the apprehension of several people suspected of committing numismatic-related crimes.  Committee Chair: Robert Brueggeman.  Email: bob@ppius.com.

           Robert Friedberg Award: Presented to an author in recognition for an outstanding book or other literature.  Named in honor of a publisher and author of numismatic reference books, this award is not automatically given each year.  It is only given when there is deemed to be a worthy recipient or recipients. Committee Chair: James A. Simek.  Email: nge3@comcast.net.  Note: A copy of each book nominated for this year’s award must be submitted for delivery no later than June 16, 2017 to James A. Simek, P.O. Box 7157, Westchester, IL 60154-7157.

   The Professional Numismatists Guild is a nonprofit trade association composed of the country’s top rare coin and paper money dealers who must adhere to a strict Code of Ethics in the buying and selling of numismatic merchandise.  For additional information about the PNG awards, contact Robert Brueggeman, PNG Executive Director, 28441 Rancho California Road, Suite 106, Temecula, CA 92590. Phone: (951) 587-8300. Email: info@PNGdealers.org. Online: www.PNGdealers.org.

###

Share Button
Profile photo of admin

by admin

POLL: Should the ANA and PNG warn consumers about 2017-P purchases?

February 13, 2017 in ANA (American Numismatic Association), Blogs, Coins, Collecting, Education, Numismatica, Numismatics, Opinion, PNG Professional Numismatists Guild, PSA, US Mint, USA Coins

By: Scott Coin Collectors Blog (CoinsBlog.ws)

Yesterday, I wrote about sales of 2017-P Lincoln cents selling at nearly 20-times face value online. These are coins in production that the U.S. Mint will continue to strike until December 2017 at a pace that should yield over 5 billion coins. At the end of the post, I wrote: Maybe it is time for […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

Share Button
Profile photo of admin

by admin

2017-P Cents are special, but not THAT special!

February 13, 2017 in ANA (American Numismatic Association), Blogs, Cents, Circulating Coins, Coins, Coins for sale, Collecting, Education, Investing, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Opinion, PNG Professional Numismatists Guild, PSA, US Mint, USA Coins

By: Scott Coin Collectors Blog (CoinsBlog.ws)

Sometimes, I do not understand collectors and the speculation market. I had read a few stories about the one-year-only 2017-P Lincoln cent selling for high multiples online. I had to check it out for myself. What I found are rolls of uncirculated Lincoln cent selling for upward of 20-times face value! Since the U.S. Mint […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

Share Button
Profile photo of admin

by admin

Numismatics is not a dying hobby but…

February 10, 2017 in ANA (American Numismatic Association), Blogs, Clubs and Associations, Coin Shows, Coins, Collecting, Education, History, Numismatic Societies and Clubs, Numismatica, Numismatics, Opinion, USA Coins, World Coins, Young Collectors

By: Scott Coin Collectors Blog (CoinsBlog.ws)

During the last month, I have had email conversations with a few readers about the future of the hobby. To sum up the several conversations, the following are summaries of the issues I heard: 1) Politics: In the last 20-years, the American Numismatic Association and many of the regional organizations and clubs have be overcome by politics If you are not with the “in crowd” you are welcome to come to the meetings but do not expect the same treatment as those within the inner circle […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

Share Button
Profile photo of admin

by admin

‘Coin Worthy of a King’ Graded by PCGS, Will Appear at Long Beach

February 9, 2017 in Antique Coins, Coin Grading, Coins, Collecting, Education, Entertainment, Gold, Gold Coins, Grading, History, Investing, News, Numismatica, Numismatics, Precious Metals, Rare Coins, USA Coins

February 9, 2017
Media contact: Steve Sloan, (949) 567-1223

‘Coin Worthy of a King’ Graded by PCGS,
Will Appear at Long Beach

 

PCGS 30th Anniversary logo

PCGS 30th Anniversary logo

(Newport Beach, California) – The finest known of only two 1861 Philadelphia Mint Paquet Reverse Double Eagles has been graded MS67 by PCGS. The rare coin, formerly owned by King Farouk of Egypt and known as the Norweb Specimen, is insured for $8,000,000 and will be publically displayed at the upcoming February 16-18 Long Beach Expo.  

“PCGS is honored to grade such a rare and important coin. Now that the Norweb Specimen has been graded PCGS MS67, both known 1861-P Paquet Reverse Eagles are graded by PCGS, the other being the PCGS MS61 Dallas Bank Specimen,” said PCGS President Don Willis.

Of all regular issue U.S. Double Eagles, the 1861-P Paquet Double Eagle is the rarest. For years, this coin was considered a pattern, until research concluded the coin was meant for circulation before the mintage was melted down after a defect in the dies was discovered. Somehow, two examples survived.

[Reverse in PCGS Holder]: The finest known 1861-P Paquet Reverse Double Eagle was recently graded MS67 by PCGS.

[Reverse in PCGS Holder]:
The finest known 1861-P Paquet Reverse Double Eagle was recently graded MS67 by PCGS.

“This Paquet Reverse is one of the great United States gold coin rarities and one of the best coins PCGS has ever graded,” stated PCGS founder, David Hall.

The pedigree of this virtually flawless 1861-P Paquet Double Eagle dates back to the Woodward Sale of March 1865, when the coin sold for $37, a remarkable price for the time considering the coin had been struck only four years prior.

The 1861-P Paquet Reverse was recently privately sold by Brian Hendelson, President of Classic Coin Co. of Bridgewater, New Jersey, for an undisclosed amount to Larry Lee, President of Coin and Bullion Reserves of Panama City, Florida.

“When a coin of such pedigree becomes available, you have to jump on the opportunity. It has been called virtually flawless; it has been called perfect, and it has been owned by leaders of the numismatic field throughout its fascinating history. I am thrilled to have this coin, now graded PCGS MS67, in my collection,” said Larry Lee.

PCGS CoinFacts (www.PCGScoinfacts.com) states that the 1861-P Paquet Reverse is slightly modified from the regular version. When engraver Anthony C. Paquet of the Philadelphia Mint began designing the reverse in 1859, he endowed slight yet notable differences. The coin’s lettering on Paquet’s version is tall and slender compared to the short, broad lettering of the traditional reverse. Also, the crown-like display of stars positioned above the eagle’s head is larger on Paquet’s coin, with the top stars prominently displayed beneath rays of sunlight. The same stars are partially buried on the regular reverse.

TrueView Image A high-resolution TrueView image of Larry Lee’s famed Paquet Reverse, graded PCGS MS67.

TrueView Image A high-resolution TrueView image of Larry Lee’s famed Paquet Reverse, graded PCGS MS67.

The rarity will make its first West Coast public appearance in the coming weeks, courtesy of Larry Lee, at the Long Beach Expo (www.LongBeachExpo.com).  Visitors to the show, held February 16-18, will have the opportunity to view the coin in person at the PCGS booth.  Free passes to the coin show are available using the promo code EXPOPR.  

For information about PCGS services, including the current February 2017 Crossover Special, visit www.PCGS.com or call PCGS Customer Service at (800) 447-8848.

 

###

 

Share Button
Profile photo of admin

by admin

Learn to be a Professional Numismatist With PNG’s Education and Internship Program

February 8, 2017 in Coins, Collecting, Education, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild, USA Coins, World Coins, Young Collectors

News media contact:
Robert Brueggeman, 951-587-8300

Learn to be a Professional Numismatist
With PNG’s Education and Internship Program

 

Professional Numismatists Guild logo

Professional Numismatists Guild logo

(Temecula, California, February 8, 2017) – If you’ve thought about turning your hobby into a full-time career, the Professional Numismatists Guild (www.PNGdealers.org) can help.  PNG is accepting applications for its next group of young men and women who want to participate in the Promoting Numismatic Growth Internship Program (http://pngdealers.org/education/png-internship-program).

Since its launch in 2014, the PNG’s internship project has mentored17 prospective professional coin and bank note dealers, providing them with educational courses and hands-on experience working at prominent, PNG member-dealer companies.  

“Even if you don’t want a paid internship, PNG offers its extensive online education courses to anyone interested in learning about numismatics,” explained PNG Executive Director Robert Brueggeman.

“The PNG internship program is intended to help nurture the next generation of young men and women, ages 21 to 32, to become successful professional numismatists. The program includes online instruction about coins, bank notes and the numismatic market followed by a paid internship at a major numismatic company,” said PNG President Dana Samuelson.

Internship candidates who successfully complete a background security check and the education components of the program will have an opportunity for a three to six months paid internship.

“The PNG also continues to offer its extensive online, multi-media internship education and training curriculum from the Edward C. Milas School of Numismatics to anyone who wants to take the classes, not just internship candidates,” said Brueggeman.  “There are two levels of online classes developed in conjunction with the University of Rare Coins designed to give students basic and advanced numismatic knowledge.”

The fee for applying for the internship program is $250 to cover the cost of a security background check and the Level 100 online classes.  The cost for Level 200 intern candidates is an additional $250.  Those who want only the online classes can enroll for a total fee of $300 that includes Levels 100 and 200.

Certificates of Completion will be provided to everyone who successfully passes both levels.

Specific information about the internship program and education courses is available at www.PNGdeales.org under the “Education” navigation link near the top of PNG’s home page.  For additional information, contact the PNG by phone at 951-587-8300 or by email at internship@PNGdealers.org.

Share Button
Profile photo of admin

by admin

A little rebellion now and then is a good thing

February 8, 2017 in Blogs, Coin Grading, Coins, Collecting, Education, Investing, News, Numismatic Literary Guild, Numismatic Societies and Clubs, Numismatica, Numismatics, Opinion, PCGS (Professional Coin Grading Service), PNG Professional Numismatists Guild, Rare Coins

By: Scott Coin Collectors Blog (CoinsBlog.ws)

There’s a revolution brewing in the numismatics markets that is being fed by its own successes causing its own failures. The first salvo was fired by the Professional Numismatic Guild and Industry Council for Tangible Assets in 2006 when they jointly performed their own survey. One of the results was that PNG and ICTA were […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

Share Button
Profile photo of admin

by admin

United States Mint awarded two top honors for Coin of the Year

February 8, 2017 in Awards, Blogs, Coins, Collecting, Commemorative, Competition, Conventions, Events, History, News, Numismatica, Numismatics, Prize Winners, US Mint, USA Coins

By: Mint News Blog Mint News Blog (http://mintnewsblog.com)

2015-United-States-COTY-Award-winning-coins

(Washington)—The United States recently earned top honors in two coin-design categories at the World Money Fair in Berlin, Germany. United States Mint officials accepted two Coin of the Year (COTY) Awards on behalf of the nation. The U.S. won in the category of Best Circulating Coin for its America the Beautiful Program quarter honoring Kisatchie National Forest, and in the category of Most Inspirational Coin for its March of Dimes silver dollar commemorative coin.

“The designers, sculptors, and engravers of the Mint comprise the very best talent in the numismatic industry,” said David Motl, acting principal deputy director of the Mint… Full article at the source>

Source: Mint News Blog (http://mintnewsblog.com)

Share Button
Profile photo of admin

by admin

An Intervention Letter to the ANA

February 6, 2017 in ANA (American Numismatic Association), Collecting, Education, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Opinion, USA Coins, World Coins

By: Kendall Bailey News.CoinUpdate.com (Coin Update News)

The following editorial is a cross-post from The Coin Blog, written by Coin Update contributor Kendall Bailey.


Dear ANA,

I meant that, what I just wrote above, calling you dear. You are dear to a great many collectors, myself included. For 125 years you have been the go to resource for numismatic information and education, not that I need to tell you. Lately though, there is a lot of talk about declining membership and your relevance in general. That’s why I am writing this letter; I don’t want to see you disappear. You are capable of so much and… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

Share Button
Profile photo of admin

by admin

How money was made in Ottawa in 1920

February 4, 2017 in Blogs, Education, History, Numismatica, Numismatics, Opinion, Royal Canadian Mint, World Coins

By: Scott Coin Collectors Blog (CoinsBlog.ws)

I am a firm believer that in order to understand how things evolved to the way they are today, we have to study the past. History teaches us lessons that we should learn from in order to not make the same mistakes and understand how to continue the evolution. This is why when I find […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

Share Button
Profile photo of admin

by admin

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

February 1, 2017 in Auctions, Coins, Coins for sale, Collecting, E-commerce, Education, Investing, News, Numismatica, Numismatics, Opinion, Photography, USA Coins, World Coins

By: Michael Bugeja News.CoinUpdate.com (Coin Update News)

 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.” She emphasizes that her coin auctions are competitive because of the combined online and onsite crowds. She also has taken pains to provide hobbyists with expert photography.

I’ve consigned coins with Auctions by Wallace because the bidders tend to know numismatics. So rare lots tend to go at higher rates than… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

Share Button
Profile photo of admin

by admin

Be Wary of So-Called “Trump Coins,” Cautions Professional Numismatists Guild

January 28, 2017 in Collecting, Education, Investing, Medals, News, Numismatica, Numismatics, Opinion, PNG Professional Numismatists Guild, Press Releases, PSA, Tokens, US Mint

CORRECTED: January 27, 2017
News media contact:
Robert Brueggeman, (917) 587-8300

Be Wary of So-Called “Trump Coins,”
Cautions Professional Numismatists Guild

 

(Temecula, California) – So-called “Trump coins” are being offered in the marketplace, and they may be delightful souvenirs, but in many cases should not be mistaken for “rare coins,” cautions the Professional Numismatists Guild (www.PNGdealers.org).  In some cases, the items being offered are not even actually coins despite how they’re advertised, according to the PNG.

“Buyers today may be bitterly disappointed tomorrow if they mistakenly thought these kinds of souvenir items would be great investments,” stated PNG Executive Director Robert Brueggeman.

The PNG is a nonprofit organization composed of many of the top rare coin and paper money experts in the United States and six other countries.

PNG President Dana Samuelson points out that the United States Mint has not issued any coins or medals depicting President Donald J. Trump.  

“The so-called Trump coins now in the marketplace are either privately issued tokens or medals and not legal tender coins; or are genuine U.S. Mint-produced coins that have been deliberately altered by private parties after they left the Mint; or are coins produced by foreign countries but usually intended only for collectors and not for circulation in those countries,” explained Samuelson.

Some of the “Trump coins” being sold to the public are touted as gold or silver plated, but PNG cautions that can be confusing or misleading to potential buyers.

“The plating may be simply a microscopically thin layer of silver or gold that’s worth only a dollar or two. These should not be considered as investments in precious metals.  These kinds of novelty items often have little or no secondary market value,” stated PNG Executive Director Robert Brueggeman.

PNG officials recommend that buyers and sellers contact members of their Accredited Precious Metals Dealers (APMD) program.  PNG-APMD members must adhere to a strict code of ethics in the buying and selling of coins and precious metals.

Information about APMD, its code of ethics and a directory of accredited dealers can be found at www.APMDdealers.org, or call the Professional Numismatists Guild at (917) 587-8300.

###

 

Share Button
Profile photo of admin

by admin

270 Pounds in Pennys

January 25, 2017 in Blogs, Cents, Coins, Copper, Copper Coins, Entertainment, Numismatica, Numismatics, Pennies, UK Coins, World Coins

By: Scott Coin Collectors Blog (CoinsBlog.ws)

Let’s have some fun rather than talk about the mundane! Covering floors, cars, or any other surface using coins is not something new, but according to Matt Giles this has not been done in the United Kingdom. On the YouTube page where the video is posted, he writes: When thinking about what to lay in […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

Share Button
Profile photo of admin

by admin

Update on U.S. Mint Leadership

January 24, 2017 in Blogs, Coins, Collecting, History, News, Numismatica, Numismatics, Opinion, Politics, US Government, US Mint, USA Coins

By: Scott Coin Collectors Blog (CoinsBlog.ws)

On the first official working day of the new administration, I received the following from the U.S. Mint Office of Corporate Communications: Dave Motl will serve as Acting Principal Deputy Director until the new Administration selects the individual(s) who will lead the Mint going forward. (Mr. Motl previously was serving as Chief Administrative Officer. ) […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

Share Button
Profile photo of admin

by admin

PNG 2017 YN Scholarship Competition Announced

January 23, 2017 in ANA (American Numismatic Association), Coins, Collecting, Competition, Education, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild, Press Releases, Scholarships, Young Collectors

For immediate release
January 23, 2016

News media contact:
Robert Brueggeman for PNG, (951) 587-8300

PNG 2017 YN Scholarship Competition Announced
Professional Numismatists Guild logo

Professional Numismatists Guild logo

 (Temecula, California) — The Professional Numismatists Guild (www.PNGdealers.org) will provide a scholarship to a deserving young numismatist (YN) to attend one of the six-day sessions of the 2017 American Numismatic Association (www.money.org) Summer Seminar in Colorado Springs, Colorado. 

“This is the 13th consecutive year of PNG YN scholarships for the popular, annual ANA educational programs.  The PNG scholarship will cover airfare, tuition for one of the two week-long Summer Seminar sessions, meals and five nights of dormitory accommodations on the campus of Colorado College, site of the ANA headquarters,” said PNG Executive Director Robert Brueggeman.

            “All young numismatists between the ages of 13 and 22 are eligible to enter and are cordially invited to apply for the scholarship.  Entrants must submit a short essay outlining why they should be chosen as the 2017 scholarship recipient.  The deadline for receipt of the entries is Thursday, April 13, 2017,” explained Brueggeman.

            Entries must include the applicant’s name and contact information. The essays can be sent by email to info@PNGdealers.org or by mail to the PNG Executive Director, 28441 Rancho California Road, Suite 106, Temecula, CA  92590. 

            The two separate 49th Annual ANA Summer Seminar six-day sessions will be held Saturday, June 17, to Thursday, June 22, and from Saturday, June 24, to Thursday, June 29, 2017.  Participants ranging from teenagers to seniors take class instruction on specific coin and paper money collecting topics or the hobby’s technical and business aspects.  Additional information about the ANA Summer Seminar can be found on the ANA website at www.money.org/summer-seminar.

“The PNG’s generous offer to provide a Summer Seminar scholarship to a deserving young numismatist not only supports the ANA mission of providing numismatic education but also invests in the future of numismatics — our YNs,” said ANA Executive Director Kimberly Kiick.  “We’re most appreciative of the Professional Numismatists Guild for their investment in the hobby and their support of the ANA.”

“The money to pay for the annual PNG YN Scholarship is administered from PNG’s Gerald Bauman Memorial Fund.  Bauman, who died in 2001, served for many years as a prominent coin dealer with Manfra, Tordella & Brookes in New York City,” explained PNG President Dana Samuelson.

            The PNG is a nonprofit organization composed of many of the top rare coin and paper money dealers in the United States and six other countries.  PNG member-dealers must adhere to a strict Code of Ethics in the buying and selling of numismatic merchandise.  For additional information about PNG, visit online at www.PNGdealers.org or call (951) 587-8300.

###

Share Button
Profile photo of admin

by admin

End of the Term, What Now?

January 21, 2017 in Blogs, Education, Events, History, News, Numismatica, Numismatics, Opinion, Politics, US Federal Reserve, US Government, US Mint, USA Coins

By: Scott Coin Collectors Blog (CoinsBlog.ws)

January 20, 2017, marks the end of the Presidency of Barack Obama, the 44th President of the United States. At noon the 45th president will be inaugurated. Also, as of noon, Obama’s appointments to Executive Branch positions will resign from their position to be filled by the new president’s appointment. Of the people resigning are […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

Share Button
Translate »