You are browsing the archive for 2013 August.

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2014 Native American Dollar Reverse Designs Reviewed

August 30, 2013 in Coins, Collecting, Commemorative, Design, Numismatica, Numismatics, US Mint, USA Coins

August 30, 2013 By Michael Zielinski (http://news.coinupdate.com)

At their most recent meeting, the Citizens Coinage Advisory Committee (CCAC) reviewed the seven design candidates provided by the United States Mint for the reverse of the 2014 Native American Dollar. The theme for the design is the Native American hospitality which helped to ensure the success of the Lewis and Clark expedition.

The Native American $1 Coin Program was authorized under Public Law 110-82 and requires coins to be issued with annually rotating designs honoring of Native Americans and the important contributions made by tribes and individuals to the development and history of the United States. For each year of the series, the Glenna Goodacre depiction of Sacagawea and child has appeared on the obverse, while the reverse has carried the design for the given theme.

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Errors and Varieties You Can Find in Modern US Mint Numismatic Products

August 30, 2013 in Coin Errors, Coins, Education, Numismatica, Numismatics, US Mint, USA Coins

by Mint News Blog. August 23, 2013 (http://mintnewsblog.com)

Although the occurrence has been infrequent, over the years there have been some instances where errors or varieties have been packaged in modern United States Mint numismatic products. The next time you have a chance, you might want to check to see if you have any of these rare and in some cases extremely valuable coins residing unbeknownst in your collection. Each of the coins are easily identified, but at the same time can be easily overlooked.

United States coins are typically produced so that when turned vertically (top to bottom) the design will display its correct upright orientation. This is referred to as coin alignment. United States medals and some foreign coins are produced so that when turned horizontally (side to side) the design will display its upright orientation. This is referred to as medal alignment. A rotated die or rotated reverse error occurs when dies are installed incorrectly or a loose dies rotates so that coins are struck with the incorrect alignment.

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‘Pennies and cheques will be gone in 10 years’

August 29, 2013 in Coins, Currency, News

Damning survey adds weight to banks’ drive to phase out older forms of payment in favour of fingerprint and eye scanning.

By Sophie Christie. August 28th, 2013. (http://www.telegraph.co.uk)

Coins and cheques will be dead in a decade, a survey suggests. Three in four people said they were “certain” that pennies and cheque books would be consigned to history by 2023.

 

The negative response is a crucial marker in the battle to modernise Britain’s money system. Banks are desperate to get rid of cheques, which are expensive to run, and move towards technology which is cheaper to service, such as “contactless” touch and go card payments and mobile phone banking.

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African coins tell of ancient travel

August 28, 2013 in African Coins, Ancient Coins, Archaeology, Coins, History, News, Numismatica, Numismatics, Rare Coins, World Coins

AFP  Published August 26th, 2013 (http://gulfnews.com)

Discovery also sheds light on unsolved mysteries of Aboriginal rock art

Sydney, New South Wales: Solving the mystery of how 900-year-old African coins ended up in remote Australia could not only recast the history of foreign contact Down Under, but shed light on Aboriginal rock art.

How the ancient Kilwa coins, believed to date from about 1100, came to be discovered on the Wessels Islands off the Northern Territory in 1944 has long posed questions about foreign visits to far off Australian shores.

 

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Police appeal for help to find rare coins

August 27, 2013 in Antique Coins, Austrian Coins, Burglaries, Coins, Gold, Gold Coins, News, Rare Coins

24 Aug, 2013. (http://www.itv.com)

Police are appealing for help in retrieving some rare coins stolen in a burglary in Colchester.A house in Maldon Road was broken in to between 1pm and 4.30pm on Thursday, August 22, after glass in a rear door was smashed to gain entry.

Two very rare, mint condition, Austrian ducat coins were stolen. One had a unique gold mount and a chain attached to it.

Full article at source>

Essex Police Website

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Tibetan coins achieved record prices at Spink China Auction held in Hong Kong

August 26, 2013 in Antique Coins, Auctions, Coins, Collecting, Gold, Gold Coins, History, News, Numismatica, Numismatics, Tibetan Coins, World Coins

August 26th, 2013. (http://www.artdaily.org)

HONG KONG.- Spink held the auction of the highly praised Nicholas Rhodes Tibetan coin collection in Hong Kong on 21 August 2013. Bidders were keen to take advantage of this unique opportunity to own coins of such significant historical, cultural and aesthetic value. The auction continued long into the evening and made for a successful sale. Many offerings surpassed their estimated values and achieved record prices.

The star lot, an extremely rare 10-Tam pattern coin (c.1910) achieved a strong price of HK$384,000/ US$49,230 after spirited bidding, far exceeding its pre-sale high estimate of HK$150,000. This beautiful and rare Tibetan coin, formerly in the Gabrisch Collection, was issued in the time of the 13th Dalai Lama.

Spink Coin specialist Barbara Mears said: “I believe this is the first auction dedicated entirely to Tibetan coins. We knew it was a popular area for dedicated collectors but were not sure how well such a large offering would go. Rarities such as the 20th century pattern coins achieved record prices. This was due to the great regard with which Nicholas Rhodes was held among numismatic circles, but also to the efforts of the Spink team.”

Full article at source>

Link to Spink’s Website article with auction results and pictures

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Going, going, gone! $1.67 million in unclaimed valuables sold at auction in Lauderdale

August 26, 2013 in Auctions, Coins, News

August 24, 2013 | By Erika Pesantes, Sun Sentinel

FORT LAUDERDALE — Calling out bids at a turbo pace, an auctioneer on Saturday gave more than 300 spectators the chance to buy jewelry, silver bars and other valuables at bargain prices. And some of those items, which had sat unclaimed in safety deposit boxes, might have even belonged to you.

The auction of unclaimed property held at Hilton Fort Lauderdale Airport hotel, brought in an estimated $1.67 million in total sales, breaking the record for the biggest auction in state history, state officials said.

Full article at source>

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2014 Australian Kookaburra Silver Bullion Coins

August 25, 2013 in Australian Coins, Bullion, Coins, Collecting, Commemorative, Numismatica, Numismatics, Perth Mint, Silver, Silver Coins

August 23, 2013 By Michael Zielinski (http://news.coinupdate.com)

The Perth Mint has recently unveiled the design for the upcoming 2014 Australian Kookaburra Silver Coins. The .999 fine silver bullion coins will be available in three different sizes scheduled for worldwide release on September 2, 2013.

The Kookaburra is best known for its unusual call, which sounds like human laughter. The Perth Mint has issued silver coins featuring the iconic Australian bird since 1990, with a new reverse design created annually.

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New Legend Numismatics Market Report is up

August 25, 2013 in Coins, Collecting, Market Report, News, Numismatica, Numismatics

Market Report by Legend Numismatics

The Week after ANA was Gonzo!

Link to Market Report

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Celebrate the 2014 Chinese Zodiac with this beautiful pure gold coin!

August 22, 2013 in Canadian Coins, Coins, Collecting, Commemorative, Gold, Gold Coins, News, Royal Canadian Mint, World Coins

The year 2014 is ruled by the Horse. The Horse personality embodies life, liberty and happiness. He’s amazingly agile, physically and mentally; a master problem-solver. After everyone else has given up, the Horse will saunter in with an ingenious and practical solution—and often charge ahead before the rest of the group can catch up. The Horse can be impatient, but he’s also forgiving and kind. His sunny disposition is irresistible. Give him plenty of space to frolic.

The Year of the Horse also ruled 1906, 1918, 1930, 1942, 1954, 1966, 1978, 1990 and 2002. However, people born in January or February should consult the Chinese lunar calendar. New Year does not automatically fall on January 1st. This celebration is better known as the Spring Festival and coincides with the first day of spring—a date that shifts from year to year depending upon the lunar cycle and solar year.

Order your coin today and celebrate the Year of the Horse!

Special features
•  Lower mintage than previous year!
•  Crafted in 1 kilogram of 99.99% pure gold, your coin was meticulously polished by hand for a beautiful proof finish; a matte horse design over a mirror background: GST/HST exempt!

Design
Your coin was designed by Three Degrees Creative Group who captured the essence of the horse. Your coin also includes the Chinese symbol for the horse and a decorative border.

Packaging
Your coin comes packaged in an attractive Asian-inspired case.

Order your coin today and celebrate the Year of the Horse!

Link to Royal Canadian Mint Product Page

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For a change, visit Udupi’s numismatics museum

August 22, 2013 in Ancient Coins, Antique Coins, Archaeology, Coins, Collecting, Copper Coins, Education, Gold Coins, History, Numismatica, Numismatics, Paper Money, Silver Coins, World Coins

SPECIAL CORRESPONDENT (http://www.thehindu.com)

Coins displayed from 400 B.C. will take you down history lane

If you like seeing ancient coins and understand history through coins, the Numismatics and Notaphily Museum, a part of the Corporation Bank Heritage Museum in the heart of Udupi, is the place for you.

Nearly 1,800 coins from 400 B.C. to the present times are on display at Corporation Bank. Coins in materials such as gold, silver, copper, lead, nickel and steel are on display. There is explanation in English besides all the coins. “We will soon provide explanation of coins in Kannada on each exhibit stand,” said M.K. Krishnayya, curator of the museum.

The oldest coins at the museum date back to Gandhara Janapada (400 B.C.–350 B.C.). Coins from a variety of eras and kingdoms from Surasena Janapada (350 BC to 2 AD) to Tippu Sultan can be foundA separate section displays coins issued by East India Company, French, Dutch, Portuguese and British Indian Government as well as the post Independence period, including the “Anna” series of coins, Naya Paisa and Paisa systems can be found here. There is a commemorative coins section, where coins of Rs. 1,000, Rs. 100, Rs. 50, and Rs. 20 denomination are on display.

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US Mint Sales Report: Silver Numismatic Products Stronger

August 22, 2013 in Coins, Gold, Gold Coins, Investing, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

August 21, 2013 By Michael Zielinski (http://news.coinupdate.com)

Most silver products were stronger in the latest weekly United States Mint numismatic product sales report. The 2013 Reverse Proof Gold Buffalo makes its second appearance, and two new products debut.

Weekly sales for numismatic American Silver Eagle and America the Beautiful Five Ounce Silver Coins were stronger compared to the prior week nearly across the board. This was led by the one ounce 2013 Proof Silver Eagle, which saw weekly sales of 18,443, nearly double the total of the prior week, bringing cumulative sales to 670,813. The 2013-W Uncirculated Silver Eagle added 1,822 units, bringing the cumulative sales total to 127,433 units. Weekly sales reached nearly 2,000 units across the three available ATB Five Ounce Silver Coins.

The strength in silver numismatic products may be attributed to the recent higher market price of the metal. As opposed to gold and platinum products, silver products only see their prices adjusted periodically following substantial moves in the price of the metal. Current prices were established when the market price of silver was around $20 per ounce, meaning that the products have comparatively lower premiums with the price of silver now higher. Some collectors may also be anticipating a possible price increase for silver products, which may occur if the strength in the market price continues.

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Buffalo Coin Dealer John Magavern of Classic Rarities, LLC Buys High Grade 1801 Draped Bust Silver Dollar

August 22, 2013 in Antique Coins, Coins, Collecting, News, Numismatica, Numismatics, Press Releases, Silver Coins, USA Coins

Buffalo, New York coin dealer John Magavern of Classic Rarities, LLC recently purchased a draped bust silver dollar in almost uncirculated condition

Hamburg, NY (PRWEB) August 21, 2013

High Grade 1801 Draped Bust Silver Dollar

High Grade 1801 Draped Bust Silver Dollar

Buffalo, N.Y. coin dealer John Magavern of Classic Rarities, LLC has purchased a rare low mintage 1801 Draped Bust Silver Dollar in AU50 condition (mtg 54,454). Magavern recently purchased a beautifully toned example of the 1801 Draped Bust silver dollar in almost uncirculated condition. The coin graded out as AU50 by the Numismatic Guaranty Corporation.

All Draped Bust Silver dollars are rare, but the 1801 is a lower mintage piece and when one can be obtained in almost uncirculated condition, it’s a significant opportunity. The coin showed just the slightest signs of wear to the high points with amazing old album toning around the edges. Giving it the eye appeal that old time collector desire. Some other recent purchases include a 1793 Wreath cent AU55, 1795 Flowing Hair Silver Dollar AU58, and a Gem 1826 Capped Bust Half Dollar.

These are just a few of many high-quality, early coins Magavern has purchased this year. A long time collector of early U.S. coins, he is a strong buyer of all early U.S. coins from the late 18th century through the early 19th century. He is a life member of the American Numismatic Association & Society of Silver Dollar Collectors, and a member of FUN, CSNS, BNA, NGC, GSNA and PCGS.

Classic Rarities, LLC is a top buyer of all 1964 and earlier U.S. half dollars, quarters and dimes as well as all silver dollars 1935 and before. They also buy U.S. mint products and all key date gold, silver & copper coins, Kennedy halves 1965-1967, sterling and scrap gold. Classic Rarities, LLC deals with a large network of dealers both locally and nationally allowing them to pay top dollar for coins. They offer both timely and professional service with immediate payment.

About the company:
As a Buffalo N.Y. rare coin dealer, John Magavern is well respected both locally and nationally within the numismatic community for honest and professional dealings. Being essentially a one-man operation, Magavern states, “I’m not the largest dealer out there, nor do I want to be! As a rare coin dealer in Buffalo N.Y., my many years of experience have taught me to keep service high and costs low, helping me to pay you more for your coins.” Please visit the Classic Rarities website for more information. Being a Buffalo coin dealer serving the western New York area Classic Rarities, LLC is located at 71 Main St. Hamburg, N.Y. 14075 and can be reached regarding the sale of your U.S. coins at 716-863-9099 or http://www.classicraritiesnewyork.com

 

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Solving A Serious Mystery: Why Don’t Gold And Silver Coins Circulate?

August 22, 2013 in Coins, Gold, Gold Coins, Gold Eagles, Investing, Money, Morgan Silver Dollars, Precious Metals, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

OP/ED 08/21/2013. By Keith Weiner (http://www.forbes.com)

The U.S. Mint has been stamping out gold and silver Eagle coins since 1986. The Mint is required by law to produce Eagles in sufficient quantity to meet demand. In addition, there are many other gold and silver coins that are readily available including Maple Leafs from Canada, and Krugerrands from South Africa. There is no shortage of coins today.

Gold and silver coins do not circulate. This is a serious mystery that requires some thought to solve.

Full article at source>

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1652 Massachusetts Bay Colony Pine Tree Shilling Realizes $76,375

August 20, 2013 in Antique Coins, Coins, Collecting, Education, News, Numismatica, Numismatics, Rare Coins, USA Coins

August 19, 2013 By Dennis Hengeveld (http://news.coinupdate.com)

On August 15 Stacks-Bowers sold one of the finest Massachusetts Pine Tree Shillings in existence. Certified NGC MS-65+, the example that was being offered was a large planchet variety, with pellets at the trunk of the pine tree on the obverse, also known as Noe-1. While not particularly rare as a variety, this particular coin’s exquisite state of preservation makes it one of the absolute finest known examples of this 17th century coin. Dated 1652 but in reality struck circa 1667-1675 it is a prime representative example of the earliest coinage minted in what is now the United States. It realized $76,375 including buyers premium, and not without reason, as any gem uncirculated survivor of a 17th century coin type is a major rarity.

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Germany recognizes Bitcoin as ‘private money’

August 19, 2013 in Bitcoin, Currency, Digital Currency, Investing, News, Virtual currency

August 18, 2013 (http://rt.com)

Bitcoin has been recognized for legal and tax purposes in Germany, making it the first country to take an official stance on the status of using the online currency as money.

Berlin has acknowledged the virtual tender as a “currency unit” and “private money,”according to German newspaper Die Welt.

The classification means that some commercial profits on Bitcoin related endeavors may be taxable, but personal use of the currency will remain tax-free, the paper reported.

The recognition was laid out in a Finance Ministry response to a query from Frank Schaeffler, a member of parliament’s Finance Committee.

“For the first time, the federal government recognizes Bitcoins as private money,” said Schaeffler.

Full article at source>

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Legend Numismatics Market Report is up

August 19, 2013 in ANA (American Numismatic Association), Coins, Collecting, Market Report, News, Numismatic Societies and Clubs, Numismatica, Numismatics

THE 2013 ANA SHOW 

What is contained in this Market Report are the observations and opinions of the show as Legend Numismatics experienced from our position. Other dealers will have different experiences. Got that? **

** Note By Numismatica.com (Yep, we’ve always known that, no need for the explanation. Lol!)

Link to the report (2013 ANA Show)

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A new Legend Numismatics Hot Topic article is up

August 19, 2013 in ANA (American Numismatic Association), Coin Shows, Coins, Collecting, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Politics

Commentary by: Laura Sperber of Legend Numismatics

OH GOODY! I AM OFFICIALLY ON THE ANA BOARD!

Link to Article> OMG, I AM NOW “ONE OF THEM”.  NOT! 

 

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Guarding Dh70k coin collection

August 18, 2013 in Antique Coins, Bank Notes, China Coins, Coins, Collecting, Numismatica, Numismatics, Paper Money, Rare Coins, Silver, Silver Coins, World Coins

Nivriti Butalia / 17 August 2013 (http://www.khaleejtimes.com)

In the classifieds section of a newspaper, under ‘General Items’, there is a three line brief that reads: “Coins & Currency notes, from different countries, personal collection, for sale. Contact 055-2795480”.

When Khaleej Times dialled the number and reached a man called Roshan Syed he was offering Friday morning prayers at the mosque, but promised to ring back – which he did, assuming the call was a buyer for his coins.

Syed, 27, is a security guard with Al Jaber Coins at HUDCO in Abu Dhabi. The name of his employer is something of a coincidence to him, as Syed has been collecting coins for twenty years.

Back when he was in the 4th grade, in Kottayam, India, he “went to buy a toffee, and the shopkeeper had to return 25 paisa but instead he returned an American dime”.  This is how his interest in numismatics – the rather technical term for coin-collection — began.

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FOCUS: Numismatic Coin Collecting Interest Revived With Gold Price Drop

August 16, 2013 in Coins, Collecting, Gold, Gold Bullion, Gold Coins, Investing, Numismatica, Numismatics, Precious Metals, Silver Coins

By Debbie Carlson Kitco News Friday August 16.

(Kitco News) – Numismatic coin collecting always appeals to a certain segment of the precious metals industry, but some dealers say the drop in gold prices earlier this year sparked greater interest in the hobby.

Gold prices fell $200 an ounce in April and then fell further again in June, but has since rebounded to the $1,360 region. That’s still a far cry from the nominal record high of $1,921 reached September 2011.

That fall in price revived interest in coin collecting, said some dealers at the American Numismatic Association’s World’s Fair of Money held this week in suburban Chicago. The show continues through Saturday.

“The interest in collecting has risen. It’s a direct result of the pullback in the (gold) market. Even though there’s no correlation, the perception is there,” said Paul Montgomery, executive vice president, purchasing and sales at APMEX.

Buying interest has stepped up, but sellers aren’t necessarily accommodating them. “The drop in the precious metals market has made it a challenge for some coin collectors to sell. Because of the pullback (in gold prices), this is a buyer’s market. (But) we’re seeing a bit of the supply and demand go out of whack and premiums rising,” he said.

Michael Fuljenz, president, Universal Coin & Bullion, said some of the demand is coming from people willing to loosen their purse strings a little bit, too.

“We’ve seen a lot of pickup in business, especially in coins. People with discretionary money are spending again on their hobbies. From the 2008 recession until about 2011, we hardly saw anything,” he said.

Full article at source> 

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Numismatic Photography—Key Component if Buying Online

August 16, 2013 in Auctions, Coin Grading, Coins, Numismatica, Numismatics, Photography

August 15, 2013 By Michael Bugeja (http://news.coinupdate.com)

Earlier this year I posted a Coingrader Capsule titled “Hit and Miss Bargains,” explaining how I had given up on some auction houses that fail to upgrade their photography so that buyers can grade lots accurately and know on what they are bidding.

One of the houses that was “hit and miss” for me over the years was Gary Ryther Auctioneers of Lawson, Missouri. I have long admired Gary for his ethics and in-house shipping policies, but his photography was lacking through 2011. For starters, he took photos on the slant rather than straight on, which tends to highlight luster at the expense of detail, especially on DMPL coins.

Full article and pictures at the source>

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Coins displayed at museum reveals Aydın’s ancient past of Roman era

August 16, 2013 in Ancient Coins, Antique Coins, Archaeology, Coins, History, News, Numismatica, Numismatics, Rare Coins, Roman Coins, Silver, Silver Coins

AYDIN – Anadolu Agency. August 16th, 2013. (http://www.hurriyetdailynews.com)

Aydın Archeology Museum’s unique coin collection displays silver coins bearing the likeness of emperors and empresses from before the Common Era, shedding light on an important period in the province’s ancient history. The coins include the visages of empresses and emperors, revealing old history

Providing a treasure trove of artifacts for numismatists, an archaeology museum in Aydın is showing off a large collection of silver coins dating back to between 270 and 40 B.C.

The coins include the visages of empresses and emperors, revealing history from more than 2,000 years ago.

Aydın Culture and Tourism official Nuri Aktakka said the collections dated from the Roman era and shed light on the culture of the day.

“This coin collection has been excavated from works at Nazilli Kızıldere. They belong to an emperors’ collection from 270 to 40 B.C. We know that these emperors ruled the city and that they created coins for themselves,” he said.

The coins also signify an important part of the culture of coin collection, as well as the use of tin in the era, according to Aktakka.

Full article at source>

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Coin collecting brings benefits for all ages

August 14, 2013 in Auctions, Coins, Collecting, Gold, Gold Coins, Investing, Numismatica, Numismatics, Silver, Silver Coins, U.S. Notes, US Mint, USA Coins

August 12th, 2013 by By Tanya Chilton (http://www.mtairynews.com)

According to the United States Mint, coin collecting is one of the oldest hobbies, once practiced mostly by kings and the wealthy. Coin collecting thus came to be called the “king of hobbies” and the “hobby of kings.”

Ed Reit, co-owner of Gold, Silver and Coin located at 1301 West Pine Street has been in the coin business for 10 years and at the current location for a year

Known as the “coin guy,” Reit recommends coin collecting for both enjoyment and for financial purposes.

“For anyone who is younger, it is a good idea to collect silver specifically because it is an opportunity to capitalize on an expanding market.” With the price of silver down, it is a good time to buy and for beginners to begin investing in the hobby of coin collecting, said Reit.

Reit recommended coin collecting as an alternative to stock market investing. He said a trend in investing is the investor looking to hold tangible assets.

Sometimes, a stock certificate is never seen or held by the owner. In contrast with coins, people are able to hold them in their hands, said Reit.

Clientele in the coin world are an eclectic group with different views and are usually detail-oriented, said Reit.

There is sometimes surprise at high prices commanded in the world of numismatics. Reit noted at a recent Heritage coin auction, the rare 1792 half dime sold for $1.4 million.

Full article at source>

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The eBay PCGS Coin Catalog Is Coming Soon: How It Will Benefit Sellers And Buyers

August 13, 2013 in Auctions, Coin Grading, Coins, Collecting, Ebay, News, Press Releases

– August 12, 2013 (http://www.pcgs.com)

Professional Coin Grading Service (www.PCGS.com) is teaming with one of the world’s largest online marketplaces, eBay (www.ebay.com), to expand the eBay U.S. and Canada Coins Catalog feature to benefit sellers and buyers. When the new catalog from PCGS goes online this fall it will immediately grow from the current 8,500 products to more than 41,000.

The renewed U.S. and Canada coins catalog will allow for more detailed descriptions of specific coin attributes, as well as further differentiation for the collecting community. These detailed descriptions, item specifics and high resolution images in the catalog will allow novice and experienced sellers alike to more accurately identify the coin they are selling on eBay.

“We are providing eBay with expanded structured data that will essentially quadruple the number of products in the eBay category and improve the standardization of listing information across the category,” said Don Willis, President of PCGS, a division of Collectors Universe, Inc. (NASDAQ: CLCT).

“Listing with the new eBay-PCGS catalog will be a fast and easy way to create professional, detailed listings and make it easier for buyers to find exactly what they are looking for. Sellers will benefit from detailed product descriptions and the high-quality imagery available in the eBay catalog,” said Willis.

The change in catalog provider is expected to occur online in September and detailed information will be available before then for sellers who want to participate.

Full article at source>

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The Chicago World’s Fair of Money

August 13, 2013 in ANA (American Numismatic Association), Antique Coins, Clubs and Associations, Coin Shows, Coins, Collecting, Conventions, Gold, Gold Coins, History, Money, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Press Releases, Seminars, Silver, Silver Coins, USA Coins, World Coins

From the oldest money to the newest, you’ll see a billion bucks including George Washington’s first coin and the first in-person look at the new $100 bill in the Chicago area at the American Numismatic Association Chicago World’s Fair of Money, August 13 – 17, 2013.

Rosemont, Illinois (PRWEB) August 12, 2013

The public can see more than $1 billion worth of historic rare coins and colorful paper money, including the USA’s very first coin and a sneak peek of the soon-to-be released new $100 bill, at the World’s Fair of Money (http://www.WorldsFairOfMoney.com), in the Donald E. Stephens Convention Center, Hall A, in Rosemont, Illinois, August 13 – 17, 2013. The public also can get free, informal appraisals of their old coins and paper money at this family-friendly, educational event sponsored by the nonprofit American Numismatic Association.

“Eye-opening exhibits include the first coin ever authorized by President George Washington in 1792 and believed to be made from silverware donated by George and Martha Washington. The coin is a half-disme, an early spelling of the word dime, that was personally owned by the first director of the U.S. Mint, and it’s valued today at more than $1 million,” said Tom Hallenbeck, President of the Association.

Other exhibits include the U.S. Treasury Department’s Bureau of Engraving and Printing “Billion Dollar Display” that includes $100,000 bills and the first Chicago public display of the redesigned $100 bill that goes into circulation in October. Visitors also can see one of the world-famous 1913-dated Liberty Head nickels. Valued today at $2.5 million, this particular coin is one of only five known and was once owned by a Milwaukee man who often carried it in his pocket to show to strangers.

“Money is history you can hold in your hands. At this event you can see everything from half-cents and half-dimes to a $500 million Treasury Note, and money ranging in age from 2,000-year-old ancient coins to currency that will be in circulation in the future,” Hallenbeck said.

In addition to collectors from the Midwest and around the world, more than 1,000 professional coin and paper money dealers will be buying and selling interesting numismatic items ranging in price from $1 to more than $1 million during the five-day show. Representatives from more than a dozen countries will be showcasing the latest coins from their homelands.

There will be educational seminars and a children’s treasure trivia game for youngsters to win free coins. Stack’s Bowers Galleries will conduct a public auction of rare coins and currency.

The World’s Fair of Money will be held in Hall A of the Donald E. Stephens Convention Center, 5555 N. River Rd., Rosemont, Illinois. Public hours are from 10 am to 5:30 pm Tuesday through Friday, August 13 – 16, and from 10 am to 4 pm Saturday, August 17.

General admission is $6. Children 12 and under are admitted free. Discount coupons available online at http://www.WorldsFairOfMoney.com/.

For additional information, go to the American Numismatic Association website,http://www.WorldsFairOfMoney.com, or call (719) 482-9867.

 

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