You are browsing the archive for 2013 July.

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Legend Numismatics negotiates the purchase of the Bella Collection for over $3,000,000

July 30, 2013 in Coins, Collecting, Morgan Silver Dollars, News, Numismatica, Numismatics, Press Releases, Silver, Silver Coins, USA Coins

FOR IMMEDIATE RELEASE             Date of Release: July 30, 2013

Legend Numismatics negotiates the purchase of the Bella Collection for over $3,000,000.00

LINCROFT, NJ – Legend Numismatics is proud to announce the purchase of the Bella Collection of Morgan Silver Dollars. The collection, which is ranked #4 on the PCGS Registry, was acquired for a price in excess of $3,000,000.00.

 Assembled by a very dedicated Morgan collector, the Bella Collection was named after his much beloved late Italian Greyhound. The collection took several years of exhaustive searching to build and the quality of the set is truly amazing. The collector is moving on to other lofty numismatic endeavors.

Highlights of the Bella Collection include:

 $1 1879-CC CAPPED DIE PCGS MS65+ CAC

$1 1882-O PCGS MS68+ CAC

$1 1886-O PCGS MS65 CAC EX JACK LEE

$1 1892-S PCGS MS65

$1 1893-S PCGS MS62 CAC

$1 1893-CC PCGS MS65 CAC EX ELIASBERG

$1 1896-S PCGS MS66 CAC

$1 1897-O PCGS MS65

$1 1904 PCGS MS67

 “When it comes to the outright selling of your collection, no one in the business today has purchased more sets intact then we have,” said Legend Numismatics president Laura Sperber. “We were thrilled when we first started discussing the possibility of buying the Bella Collection. The transaction was smooth and fast. A big thank you goes to the Bella collections owner!”

Legend Numismatics will be offering all magnificent Bella Morgans at the upcoming ANA World’s Fair of Money at Table #323.

For more information, you can contact Legend Numismatics at legend@legendcoin.com

Legend Numismatics
P O Box 9
Lincroft, NJ  07738
732-935-1795

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House Weighs Bill to Crack Down on Coin Counterfeits

July 30, 2013 in Coins, Counterfeit, Fake Coins, News, Politics, Rare Coins

By STEVEN NELSON.  July 29, 2013 (http://www.usnews.com)

Coin collectors are being conned by Chinese counterfeits, according to trade groups and congressmen behind legislation up for a vote in the House Tuesday.

The “Collectible Coin Protection Act” will make it a crime “for a person to provide substantial assistance or support to any manufacturer, importer, or seller if that person knows or should have known” that the coins are not authentic.

Rep. G.K. Butterfield, D-N.C., is the primary sponsor of the bill, which is co-sponsored by Rep. Henry Waxman, D-Calif., and Reps. Steve Scalise, R-La., Lee Terry, R-Neb., and Lamar Smith, R-Texas.

Full Article at source>

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Numismatics: History as Market

July 29, 2013 in Ancient Coins, Antique Coins, Coins, Collecting, History, Numismatica, Numismatics

July 28, 2013 By: Michael E. Marotta Necessary Facts Blog (http://necessaryfacts.blogspot.com)

Most people call it “coin collecting” but numismatics is the art and science that studies the forms and uses of money. This includes stock certificates, bank drafts, military decorations and fine art medals as well as coins, which, after 2500 years, are still the most common form of money. “Coins are history you can hold in your hand,” is a common saying in numismatics.  You can own a coin struck by Philip III of Macedon and believe within reason that it might have been given to Aristotle.

Back in the 1990s, inspired by the episode “Backbone of the Night” from Carl Sagan’s Cosmos broadcasts, I assembled about 25 ancient coins from the towns and times of famous philosophers, from Thales to Hypatia. Except for the Owl of Athens and a tetradrachm from Alexandria in Egypt, none cost more than $200 and most cost less than $100 at the time.

Full article at source>

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Sunken treasure reminds investors about value

July 29, 2013 in Gold, History, Investing, News, Precious Metals, Ship Wrecks, Silver, Treasure, Treasure Hunting

Eric McWhinnie, Wall St. Cheat Sheet  July 27, 2013 (http://www.usatoday.com)

It’s been a brutal year for precious metals. Despite logging 12 consecutive annual gains, gold and silver are among the worst performing assets this year. Many analysts have lowered price targets, and proclaimed once again that the great bull market is dead. However, precious metals are still highly sought after, even at three miles below the ocean’s surface.

Odyssey Marine Exploration, a world leader in deep-ocean shipwreck exploration, recently announced it recovered more than 61 tons of silver bullion from the North Atlantic this month. The haul consists of 1,574 silver ingots, weighing around 1,100 ounces each, or almost 1.8 million troy ounces in total. The treasure sets a new record for the deepest and largest precious metal recovery from a shipwreck.

Full article at source>

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Glittering state auction: Diamonds, gold and other valuables slated for sale

July 29, 2013 in Antique Coins, Auctions, Bank Notes, Coins, Gold, Gold Bullion, Gold Coins, Gold Eagles, USA Coins

July 26, 2013 By Donna Gehrke-White, Sun Sentinel (http://articles.sun-sentinel.com)

A nearly six-karat diamond ring will be among more than 80,000 forgotten valuables that the state will auction at the Fort Lauderdale Airport Hilton Hotel

A nearly six-carat diamond ring will be among more than 80,000 forgotten valuables that the state will auction next month at the Fort Lauderdale Airport Hilton Hotel.

But if bling isn’t your thing, there will also be four American eagle gold bullion coins, a 59-piece sterling silver flatware set and a 1776 $7 Continental currency note at the two-day auction set for Aug. 23-24.

Full article at source>

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Made of money: The Royal Mint where cash is banned

July 26, 2013 in Coins, Education, English Coins, News, The Royal Mint, UK Coins

By Kevin Peachey Personal finance reporter, BBC News (http://www.bbc.co.uk)

Old, damaged or rejected coins are among the materials thrown into a roaring furnace by workers – some employed here for nearly 40 years – on eight-hour shifts, night and day.

Their job is to make money.

Melting down metal in the hot end is the start of the process that results in five billion coins being produced at this site in Llantrisant, south Wales, every year.

Despite churning out currency for the UK and around the world, one thing you will not find in the pockets and purses of staff at the mint is their own cash.

Full article at source>

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Ebay to Use Third Party Grading Service to Power Coin Catalog

July 26, 2013 in Auctions, Coins, Collecting, Ebay, News

By Ina Steiner July 24, 2013 (EcommerceBytes.com )

Ebay will begin using Professional Coins Grading Service (PCGS), a division of Collectors Universe, to power its U.S. Coin catalog. Steve Sloan, Director of Marketing for Collectors Universe, said the change would quadruple the number of listings available in the new Ebay catalog in September, when the change rolls out on the site.

Full article at source>

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Gold and Silver Coins Mark 60th Anniversary of Yad Vashem Memorial

July 22, 2013 in Coins, Collecting, Commemorative, Gold, Gold Coins, Israel Coins, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, World Coins

July 17, 2013 By Michael Alexander (http://news.coinupdate.com)

The Bank of Israel has issued three new coins which mark the 60th anniversary of the Yad Vashem memorial in Jerusalem. Literally meaning “a memorial and a name” Yad Vashem is a pioneer of Holocaust Museums worldwide. It is the Jewish people’s living memorial to the Holocaust, dedicated to the memory of the past and imparting its meaning for future generations.

Established in 1953 by the Israeli Knesset or parliament as the world center for documentation, research, education and commemoration of the Holocaust, Yad Vashem is today a dynamic and vital place of intergenerational and international encounter, visited by nearly a million people each year and all world leaders on their official visits to Israel. The Pages of Testimony in the Memorial Repository have recently been included in the UNESCO Memory of the World Register. In sixty years, 2.6 million names have been documented by Yad Vashem on Pages of Testimony, which together with other documentation have allowed the identify so far by name, the 4.2 million out of the 6 million victims of the Holocaust. The Pages of Testimony Memorial Repository is housed in the Hall of Names at Yad Vashem.

Full article at source>

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What’s Selling at David Lawrence Rare Coins?

July 22, 2013 in Coins, Collecting, Gold, Gold Coins, News, Numismatica, Numismatics, Silver, Silver Coins, USA Coins

By: Jason Smith. July 15, 2013 (http://blog.davidlawrence.com)

Customers often ask me; “what’s selling these days?” or “what type of coins are hot now at DLRC?”.  Given that we carry over 5000 certified coins in inventory and typically add 300 new listings every week,  it’s a tricky question to answer on a daily basis.  This is because sales data changes quite rapidly between private treaty sales, ebay and auction purchases and dealer wholesale.  While identifying specific “hot series” is somewhat difficult, here’s my attempt to help by pointing out some of the more interesting pieces that have sold from our inventory this past week.

Full article at source>

 

 

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Finalist Designs Selected for Baseball Coin Design Competition

July 21, 2013 in Art, Coins, Collecting, Commemorative, Competition, Design, Gold, Gold Coins, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, US Mint, USA Coins

July 19, 2013 By Michael Zielinski (http://news.coinupdate.com)

In 2014, the United States Mint will issue commemorative coins to celebrate the 75th anniversary of the National Baseball Hall of Fame. The program was authorized under Public Law 112-152 and will include $5 gold coins, silver dollars, and clad half dollars with a shared design. All three coins will have a convex reverse design depicting a baseball and a concave obverse selected through a public competition.

The competition to design the obverse of the commemorative coins was open to submissions between April 11 and May 11, 2013. During this time, a total of 178 design submissions were received. An internal round of judging at the United States Mint narrowed the field to an initial 24 semi-finalists. The designs were evaluated based on artistic merit, coinability, technical accuracy, and appropriateness. Earlier this month, the Mint indicated that three of these had been removed for noncompliance and an additional five semi-finalists were added due to a discrepancy in judging, resulting in an updated field of 26 semi-finalists.

The semi-finalist designs were evaluated by five members of the National Baseball Hall of Fame, Joe Morgan, Brooks Robinson, Ozzie Smith, Don Sutton, and Dave Winfield. Based on the scores provided, the field of candidates was narrowed to the 16 finalist designs shown below.

Full article at source>

* Article contains images of all selected designs. What is your favorite?

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The one cent coin that’s worth a mint: Rare bronze penny from 1793 fetches $140,000 at auction

July 19, 2013 in Antique Coins, Auctions, Bronze, Bronze Coins, Cents, Coins, Collecting, History, News, Numismatica, Numismatics, Rare Coins, USA Coins

  • Rare bronze coin dates from 1793 when the United States Mint opened
  • It created a frenzy at auction, reaching $140,000 from an anonymous bidder

By OLIVIA WILLIAMS (http://www.dailymail.co.uk)

A one-cent coin has sold at auction for $140,000 – 14 million times its original price.An international bidding war erupted for the rare bronze coin dating from 1793, the year the United States Mint first opened.The coin had been tipped to sell for around $4,560, but 10 keen bidders sent the price soaring at the Bonhams auction in London yesterday.

Eventually an anonymous coin collector placed the winning bid – at more than 30 times the estimate.

John Millenstead, head of coins and medals at Bonhams, said: ‘Although the coin is quite rare and in good condition, we are slightly bewildered that it went for quite so much.

Full article at source>

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2013 American Platinum Eagle Proof Coin Available

July 19, 2013 in Coins, Collecting, Commemorative, News, Numismatica, Numismatics, Platinum, Platinum Coins, Precious Metals, Proof Coins, US Mint, USA Coins

July 18, 2013 By Michael Zielinski (http://news.coinupdate.com)

2013 American Platinum Eagle Proof Coin

2013 American Platinum Eagle Proof Coin

2013 American Platinum Eagle Proof Coin

2013 American Platinum Eagle Proof Coin

 

The United States Mint has started accepting orders for the 2013 American Platinum Eagle Proof Coin. This represents the fifth release within a six coin series which highlights the core concepts of American democracy from the Preamble to the U.S. Constitution.

The first release within the design series featured the concept “To Form a More Perfect Union” (2009) with a depiction of four faces representing the diversity of the Nation. This was followed by “To Establish Justice” (2010) with a design featuring a blindfolded Justice holding scales, “To Insure Domestic Tranquility” (2011) featuring a harvest goddess emerging from a field of wheat, and “To To Provide for the Common Defence” (2012) featuring a Colonial Minuteman.

Full article at source>

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Stack’s Bowers Galleries Announces Combination With Sister Companies Teletrade And Spectrum Numismatics

July 18, 2013 in News, Press Releases

From: http://stacksbowers.com (http://stacksbowers.com/news/article.aspx?id=252)

Launches Single, Unified Brand

IRVINE, Calif. – July 17, 2013 –Stack’s Bowers Galleries, a subsidiary of Fortune 500 Company Spectrum Group International, Inc., announced today that it is combining its operations with those of Teletrade and Spectrum Numismatics, creating a single, integrated operating unit to be known as Stack’s Bowers Galleries. Brian Kendrella, formerly Director of Operations overseeing all three companies, has been named President of the newly constituted company.

Greg Roberts, President and Chief Executive Officer of Spectrum Group International, commented, “Stack’s Bowers Galleries, Teletrade and Spectrum Numismatics have independently been leaders in their respective specialized areas of numismatics for as many as 80 years. Combining the unique and specialized services of these three leading organizations will enable the new Stack’s Bowers Galleries to remain at the forefront of numismatics and continue its tradition of excellence.“

“The opportunity to lead Stack’s Bowers Galleries is very exciting and I am honored to have been given the responsibility of continuing our unparalleled history of success,” Mr. Kendrella stated. “The new Stack’s Bowers Galleries will expand on the services previously offered by the three individual companies and offer an unmatched level of numismatic expertise, quality of service, and breadth of buying and selling opportunities. Our increased services will include our renowned live Showcase Auction presentations, weekly iAuctions, and Collectors Choice Auctions three times per year, as well as expanded retail and wholesale services through our online coin shop, SBGdirect, our flagship New York City store, and through direct customer relationships.”

Mr. Kendrella also commented, “More than ever, we are committed to the needs of our valued clients and with them in mind, we have spent the past several months developing an entirely new and state-of-the-art technology platform that we are excited to launch soon. Our new website will offer a number of new advanced features specifically designed to allow our customers to quickly and easily find their items of interest and provides them with as much information as possible to help them make informed bidding and buying decisions. It will also combine the past sales records of our predecessor firms and put over 1.5 million auction prices realized at their fingertips.”

Continuing, Mr. Kendrella said, “Our commitment to innovation does not stop with our new website and technology. We are also pleased to announce that we will soon launch a new consignor program called InstantCash, where qualified consignors to our weekly iAuctions can receive up to 60 percent of the value of their consignment the day following the completion of the auction, and the balance of their proceeds in as few as seven days later. Other exciting innovations will be launched in the months ahead, as well.”

Mr. Roberts concluded, “Our entire team of expert numismatists and senior management, including Q. David Bowers, Harvey Stack, Chris Napolitano, Larry Stack, Rick Ponterio, Chris Karstedt, Corey Maita, Richard Melamed, Andrew Glassman, Paul Nugget, and Peter Treglia are committed to working with Brian to create the destination for all our customer’s numismatic needs, leveraging the prestige of the over eight-decade old Stack’s Bowers brand with the 21st century technological capability and know-how that our clients expect and deserve today.”

About Stack’s Bowers Galleries

Stack’s Bowers Galleries, a division of Fortune 500 Company Spectrum Group International Inc., conducts live, Internet and specialized auctions of rare U.S. and world coins and currency and ancient coins, as well as direct sales through retail and wholesale channels. The company’s 80-year legacy includes the cataloging and sale of many of the most valuable collections to ever cross an auction block — the John J. Ford, Jr. and Louis E. Eliasberg, Sr. Collections, The Harry W. Bass, Jr. Collection, The Norweb Collection, and the Cardinal Collection — to name just a few. Topping off this amazing numismatic history is the inclusion of the world record for the highest price ever realized at auction for a rare coin, the 1794 Flowing Hair Silver Dollar graded Specimen-66 (PCGS) that realized over $10 million, part of their sale of the famed Cardinal Collection. The company is headquartered in Irvine, California, with offices in New York, Wolfeboro, San Francisco, Hong Kong, and Paris. Stack’s Bowers Galleries is the Official Auctioneer for several important numismatic conventions, including the 2013 ANA World’s Fair of Money and the ANA/PNG Pre-Show, the 2013 ANA National Money Show, and the Whitman Coin and Collectibles Baltimore Expo, three times yearly.

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The ‘King of American Coins’ anchors Heritage’s Aug. 9 Platinum offerings in Chicago

July 18, 2013 in Antique Coins, Auctions, Coin Shows, Coins, Collecting, Numismatica, Numismatics, Platinum, Platinum Coins, Precious Metals, Proof Coins, Rare Coins, USA Coins

July 18th, 2013 (From: http://www.artdaily.org)

DALLAS, TX.- There is no other coin in American numismatics with as storied and famous a history as the Class I 1804 $1, of which only eight exist, and Heritage Auctions will be offering the Mickley-Hawn-Queller specimen of the 1804 $1, graded PR62 by both PCGS and NGC, from The Greensboro Collection, Part IV, as the lead lot in its Platinum Night event on Friday, Aug. 9, the centerpiece of the company’s Aug. 8-10 U.S. Coins Signature® Auction in Rosemont, IL. “The Class I 1804 $1 is the undisputed King of American coins,” said Greg Rohan, President of Heritage Auctions, “and it is always an event when one of them shows up for auction. It’s the rare chance for a top collector to add their name, or the name of their collection, to a history that will never diminish in importance. It is, in many ways, numismatic immortality for whoever comes out on top, and we expect there will be many vying for that honor.”

Full article at source>

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Earth’s gold came from colliding dead stars

July 18, 2013 in Astronomy, Education, Gold, News, Precious Metals, Science

From www.Phys.org (July 17th, 2013)

We value gold for many reasons: its beauty, its usefulness as jewelry, and its rarity. Gold is rare on Earth in part because it’s also rare in the universe. Unlike elements like carbon or iron, it cannot be created within a star. Instead, it must be born in a more cataclysmic event – like one that occurred last month known as a short gamma-ray burst (GRB).

Observations of this GRB provide evidence that it resulted from the collision of two neutron stars – the dead cores of stars that previously exploded as supernovae. Moreover, a unique glow that persisted for days at the GRB location potentially signifies the creation of substantial amounts of heavy elements – including gold.

“We estimate that the amount of gold produced and ejected during the merger of the two neutron stars may be as large as 10 moon masses – quite a lot of bling!” says lead author Edo Berger of the Harvard-Smithsonian Center for Astrophysics (CfA).

Full article at source>

*Think about this next time you are holding a precious gold coin in your hands.

 

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Legend Numismatics purchases famous 1894-S Daggett Specimen Dime

July 17, 2013 in Antique Coins, Coins, Collecting, Dimes, History, News, Nickel Coins, Numismatica, Numismatics, Press Releases, USA Coins

FOR IMMEDIATE RELEASE             Date of Release: July 16, 2013

Legend Numismatics purchases famous 1894-S Daggett Specimen Dime

LINCROFT, NJ – Legend Numismatics has purchased the famous 10C 1894-S PCGS BM PR64+ Daggett Specimen from David Lawrence Rare Coins for a sum in excess of $2 million, a record price for any dime.

While helping fulfill a collecting goal of Legend partner Bruce Morelan, the firm also believes classic rarities like this are still undervalued in today’s marketplace. “We have no problem stocking a classic rarity like this. A classic Mercedes racecar sold last week for nearly $29,000,000.00. Paintings regularly sell for $10-$30,000,000.00. So a classic major numismatic rarity like this is cheap. In all the years Legend has bought and sold great rarities like the 94-S 10C, none have ever gone down in value. This coin was a no brainer for us to buy,” said Laura Sperber, President of Legend Numismatics.

John Feigenbaum, President of David Lawrence Rare Coins, personally handled the transaction with Legend. According to Feigenbaum, “It was an easy negotiation and a pleasure because both parties believe in the rarity and extreme desirability of this historic coin. Laura and I have always treasured the 1894-S dime and it was logical to me that her firm would be a likely candidate to acquire this piece. I wish them great success with the coin.”

There are many theories as to why 24 proof Dimes were minted in 1894 at San Francisco. Only 10 are confirmed to exist today and this coin is likely the third finest known. The most widely accepted theory is that the Mint Superintendent, John Daggett, had high ranking visitors he wanted to impress with special coins. No one knows for sure why he picked the Dime, except that he needed to balance a $2.40 deficit in the Mint ledger, so striking 24 dimes achieved dual purposes. After minting and distribution to his friends and guests, he gave 3 or 4 coins to his daughter, Hallie Daggett.

This story is one of the greatest in numismatic lore, and continues when Daggett’s daughter Hallie eventually sold a couple gem examples, including this very coin, to Earl Parker, a coin dealer in California, around 1950. At the time, she told Parker that she originally spent one of her prized dimes to buy an ice cream cone. That coin is known today in Good-4 as the “Ice Cream Specimen” but has not traded hands publicly since 1981. 1894-S Dimes have long been considered one of the top major classic numismatic rarities, along with the 5C 1913 Liberty Nickel, and the 1804 $1. In fact, the coin is currently ranked #4 in the “100 Greatest U.S. Coins” (Third Edition, Garrett, 2008) — behind the 1913 nickel, but ahead of the 1804 dollar, in importance.

Legend Numismatics
P O Box 9
Lincroft, NJ  07738
732-935-1795
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US Mint Sales Report: William Howard Taft Dollars Debut, Silver Products Jump

July 17, 2013 in Coins, Collecting, Commemorative, Gold, Gold Coins, Gold Eagles, Investing, News, Numismatica, Numismatics, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

July 16, 2013 By Michael Zielinski (http://news.coinupdate.com)

The latest weekly United States Mint numismatic product sales report contains the opening numbers for the William Howard Taft Presidential Dollar products. Silver numismatic products saw a boost this week, following the implementation of reduced pricing.

On July 9, the US Mint began accepting orders for rolls, bags, and boxes of circulating quality 2013 William Howard Taft Presidential Dollars. This represented the 27th release from the ongoing series, with the newly released coins now only available within numismatic products. Across all available options, sales reached 3,538,575 coins. This was up slightly from the total debut sales for the previous release of the series featuring Theodore Roosevelt. The most popular product options by volume were the 25-coin rolls, while the products accounting for the greatest number of coins sold were the 250-coin boxes. As has typically been the case, orders were skewed towards Philadelphia Mint coins.

Effective July 11, the US Mint reduced the prices for most silver numismatic products. This included the annual sets containing 90% silver coins, products containing American Silver Eagles, and the America the Beautiful Five Ounce Silver Uncirculated Coins. Sales showed a week over week increase for all impacted products. The largest gains were seen for the 2013 Proof Silver Eagle, which rose from previous weekly sales of 2,456 units to 16,191 units, and the Making American History Coin and Currency Set which rose from 38 units to 1,722. At cumulative sales of 60,000 units, the MAH Set is now indicated as sold out on the US Mint’s website.

Full article at the source>

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Ces pièces immortelles: Early Numismatic Books in the Dumbarton Oaks Research Library

July 16, 2013 in Ancient Coins, Antique Coins, Archaeology, Art, Byzantine Coins, Coins, Collecting, Education, History, Numismatica, Numismatics, Roman Coins

This exhibition explores the foundations of numismatic study of Roman and Byzantine coins.

As early as the 14th century, scholars such as Petrarch recognized ancient coins as historical evidence, and individuals had begun to collect coins, medallions, and replicas of coins for their personal enjoyment and study. During the 15th century, a fashion for collecting coins, especially those linked to famous historical figures, led to the creation of large private, royal, and papal collections.

Renaissance humanism fueled scholarly interest in coins bearing portraits of historical figures and inscriptions. In many histories and biographies of Roman emperors published during this period, illustrations of coins were included with the text to allow the author and reader the opportunity to compare the evidence of the ancient texts with that of the coins.

The first illustrated books on numismatics appeared in the 16th century. Early scholarship focused on identifying authentic coins, comparing their value to modern coinage, and debating the history of coinage.

Continue reading at the Dumbarton Oaks website

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PCGS Plans Unique Nova Constellatio Set Exhibit at ANA World’s Fair of Money

July 15, 2013 in ANA (American Numismatic Association), Antique Coins, Coin Shows, Coins, Commemorative, Conventions, Copper, Copper Coins, History, News, Numismatica, Numismatics, Rare Coins, Silver, Silver Coins, USA Coins

July 15, 2013 By Coin Update (http://news.coinupdate.com)

A unique set of four 1783 Nova Constellatio patterns will be displayed by Professional Coin Grading Service (www.PCGS.com) and Beverly Hills dealer Kevin Lipton on behalf of the coins’ anonymous current owner at the Chicago American Numismatic Association World’s Fair of Money, held from August 13 – 17, 2013.  The one copper and three silver coins, insured for $15 million, were recently certified by PCGS and the exhibit will be at the PCGS booth (#701).

“The Nova Constellatio coins arguably are the first patterns for a United States coinage system, and this set of four is one of the great treasures of United States numismatics,” said David Hall, a PCGS Co-Founder and President of Collectors Universe, Inc.

Full article at source>

 

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Stylish New Design for 2013 Gold and Silver Britannia Coins

July 15, 2013 in British Coins, Coins, Gold, Gold Coins, Investing, News, Numismatica, Numismatics, Proof Coins, Silver, Silver Coins, UK Coins

July 12, 2013 By Michael Alexander (http://news.coinupdate.com)

The Royal Mint have issued the new Britannia series with a stylish and classical new design as well as new products including for the first time, five ounce sizes for both silver and gold options. From 2013, the Britannia range will now include two design versions – that of the traditional depiction of Britannia by Philip Nathan as originally introduced in 1987 and a new second design which will be produced for one year only, this ensures that the Britannia range changes annually while also retaining a traditional and continual aspect for collectors of all tastes and budgets.

Full article at source>

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Gold! $250K in centuries-old coins found

July 15, 2013 in Antique Coins, Archaeology, Coins, Gold, Gold Coins, News, Numismatica, Numismatics, Rare Coins, Ship Wrecks, Spain Coins, Treasure, Treasure Hunting

By Leslie Holland. July 15, 2013 (http://www.cnn.com)

(CNN) — “Constantly searching for a needle in a haystack” is what Brent Brisben says he does for a living, and on days like Saturday, the payoff makes the work worthwhile.

Brisben owns the 1715 Treasure Fleet Queen’s Jewels salvage company. This weekend, he and his crew of three found quite a few “needles” in their oceanic “haystack” — 48 gold coins that date back 300 years, to be exact.

The coins, called escudos, were part of the treasure aboard a fleet of 11 Spanish galleons wrecked by a hurricane off the Florida coast on July 31, 1715. It was this famous shipwreck that gave this part of Florida its nickname, The Treasure Coast.

Full article at source>

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2013 American Gold Buffalo Reverse Proof Order Date Announced

July 14, 2013 in American Buffalo, Coins, Collecting, Gold, Gold Coins, News, Numismatica, Numismatics, Precious Metals, Proof Coins, US Mint, USA Coins

By James Bucki, About.com GuideJuly 13, 2013

The United States Mint has announced that at 12:00 noon Eastern Time on August 8, 2013 they will start accepting orders for the 2013 American Buffalo Gold Reverse Proof bullion coin. This coin will be struck in 99.99% fine gold at the United States Mint in West Point, New York. The coin is produced in the same manner as a traditional proofcoin. However, unlike the traditional proof coin, which has a mirror-like background and frosted design elements, the reverse proof coin has a frosted background and mirror-like design elements.

Full article at source>

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Summer Fun Show 2013

July 10, 2013 in Clubs and Associations, Coins, Collecting, Conventions, Numismatic Societies and Clubs, Numismatica, Numismatics, Seminars

Florida United Numismatists, Inc., is hosting the 7th Annual Summer FUN Convention in Orlando Florida, July 11 – 13 2013.

The convention will be held at the Orange County Convention Center, 9800 International Drive in Hall WC. This location is across I-Drive from the new facility in which January FUN Convention is held. The convention opens to the public at 10:00 A.M., July 11th and will run through 5:30 P.M. July 13th. Numismatic dealers from around the country will converge at the Orange County Convention Center to buy, sell and appraise coins, paper currency, tokens, medals and other items.

Make sure to mark your calendar for this great numismatic event!

Full Information at the FUN (Florida United Numismatists, Inc. Summer Fun Web Page)

 

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Legend Numismatics Market Report and Hot Topics

July 8, 2013 in Coins, Collecting, Education, Market Report, News, Numismatica, Numismatics

Legend Numismatics Market Report and Hot Topics are Online. Check them out!.

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Collections tells story of coal culture

July 8, 2013 in Collecting, Education, History, Numismatica, Numismatics

By BILL ESTEP, Lexington Herald-Leader July 7th, 2013 (http://www.sfgate.com)

PINEVILLE, Ky. (AP) — There are hundreds of history lessons and stories in Steve Cawood’s collection of scrip, the coins issued by coal companies in Appalachia in the early 1900s for use in their commissaries.

There’s the 25-cent piece from a coal company that President John F. Kennedy’s grandfather owned in Bell County, and another piece Cawood received from the son of the man who was superintendent of a mine at Kettle Island that blew up, killing more than a dozen miners.

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