You are browsing the archive for 2014 January.

by admin

Archaic Silver and German Gold

January 31, 2014 in Ancient Coins, Antique Coins, Auctions, Books, Byzantine Coins, Coins, Collecting, Gold, Gold Coins, Greek Coins, News, Numismatica, Numismatics, Rare Coins, Roman Coins, Silver, Silver Coins, World Coins

January 29, 2014 By Ursula Kampmann (http://news.coinupdate.com/)

The three March auctions of Gorny & Mosch in Munich cater for all tastes. Anyone with a particular interest in Archaic silver coins or gold coins from Germany is offered a selection that is without equal.

From 10 to 12 March 2014, right after the Munich Numismata, Gorny & Mosch will conduct their auction sales 219 to 221. No matter, which field you are collecting, no matter, which budget you are disposing of, there is something for everybody. The first day focuses on high-quality ancient coins, followed by auction sale no. 220 on 11 March under the heading ‘Ancient coins and multiple lots’. On 12 March, coins from medieval and modern times will be auctioned off, including many a rarity especially from Germany, not forgetting an interesting section of ancient-style Renaissance medals.

Full article at the source>

Share Button

by admin

Book Review: Making the Grade, 3rd Edition

January 30, 2014 in Books, Coin Grading, Coins, Education, Numismatica, Numismatics, USA Coins

Learn How to Grade Coins with Photos and Descriptions

By James Bucki January 28th, 2014 (http://coins.about.com/)

Coin World’s first-rate coin grading guide, Making the Grade is now published in its third edition. The book provides a visual guide into the world of grading United States coins. Written by Beth Deisher, this was her last project before she left her post as editor of Coin World in April 2012. The third edition is a vast improvement over the previous edition in that it covers 30 more series of coins and has a larger physical dimension that makes it easier to use.

Full article at the source>

Share Button

by admin

Travel Channel Features “Million-Dollar Nickel”

January 30, 2014 in Coins, Collecting, Nickel Coins, Numismatica, Numismatics, Rare Coins, US Mint, USA Coins

By James Bucki January 20, 2014 (http://coins.about.com)

One of the things that I love most about coin collecting is that it is driven by history. Not only do coins reflect the history of the nation, but the particular history of an individual coin can also be fascinating. Just recently the 1913 Liberty Head nickel sold for approximately $3.3 million. There are only five known genuine examples of this nickel but yet nobody knows for certain how they came into being. The Travel Channel recently ran a short segment on these nickels highlighting some of their fascinating history and how little is known about them. The Travel Channel series “Mysteries at the Museum” spent a full day at the ANA’s Money Museum in October of 2013, shooting footage and interviewing Money Museum Curator Douglas Mudd.

Full article at the source>

Share Button

by admin

1974-D Aluminum Lincoln Cent on Display at Long Beach Expo

January 29, 2014 in Cents, Coins, Collecting, History, News, Numismatica, Numismatics, Rare Coins, US Mint, USA Coins

January 28, 2014 By Coin Update (http://news.coinupdate.com/)

The first confirmed example of a 1974 Lincoln Cent struck in aluminum at the Denver Mint will be displayed by Heritage Auctions (www.HA.com) at the upcoming Long Beach Coin, Currency, Stamp & Sports Collectible Expo, held January 30 – February 1, 2014.  The coin will then will be offered as one of the highlights of the Heritage Signature Auction during the Central States Numismatic Society convention near Chicago, April 23 – 27, 2014.

“There’s been speculation about the existence of 1974-D aluminum cents for decades.  Now, there’s a confirmed coin, and a portion of the proceeds from its sale will be used by the sellers to help the homeless,” explained Todd Imhof, Executive Vice President of Heritage Auctions.

“This coin was previously owned by Harry Edmond Lawrence who served as Deputy Superintendent of the Denver Mint at the time it was struck 40 years ago, but its existence only recently came to light when his son brought it to a coin shop in Southern California. This is an amazing discovery, and we estimate the 1974-D aluminum cent will bring a quarter-million dollars or more,” said Imhof.

The coin has been authenticated and certified by Professional Coin Grading Service as MS63.

Full article and picture at the source>

Share Button

by admin

PNG Calls For 2014 Award Nominations

January 28, 2014 in Awards, Clubs and Associations, News, PNG Professional Numismatists Guild, Press Releases

For immediate release

January 27, 2014

News media contact:

Robert Brueggeman (951) 587-8300

PNG Calls For 2014 Award Nominations

 

(Temecula, California) — Nominations now are being accepted for the 2014 Professional Numismatists Guild (http://www.PNGdealers.org) awards, according to PNG Executive Director Robert Brueggeman and President Terry Hanlon.

“These annual and eagerly anticipated awards formally recognize achievements in various areas of the hobby and profession.  We cordially welcome and strongly encourage nominations from collectors and dealers,” said Brueggeman.

“The award winners will be announced at the annual PNG Day summer banquet that will be held in the Chicago suburb of Rosemont, Illinois on August 4, 2014, the eve of the American Numismatic Association’s World’s Fair of Money (http://www.worldsfairofmoney.org),” explained Hanlon.

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 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 Chair: Rich Weaver.  Email: rweaver@dvrcc.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: john@moderncoinmart.com.

Significant Contribution Award: Given to those who have made exceptional, beneficial efforts on behalf of PNG and the profession, and added to the hobby.  Committee Chair: Mitch Battino.   Email: hudsonrc@att.net.

Lifetime Achievement Award: Presented to a numismatist for his/her 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@stuphttp://losangeles.eventful.com/eventspler.com.

Sol Kaplan Award: 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.  The Kaplan Award 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: info@PNGdealers.org.

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 28, 2014 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 awards for the PNG, contact Robert Brueggeman, PNG Executive Director, 28441 Rancho California Road, Suite 106, Temecula, CA 92590. Phone: (951) 587-8300. Email: info@PNGdealers.org. Online: http://www.PNGdealers.org.

###

Share Button

by admin

Coin show vendors often find themselves the targets of thieves

January 27, 2014 in Coin Shows, Coins, Collecting, Conventions, Gold, Gold Coins, News, Numismatic Crimes, Numismatica, Numismatics, Silver, Silver Coins, Theft, World Coins

By: Joe Kovac jkovac@macon.com. January 26th, 2014. (http://www.macon.com/)

PERRY — When you deal in silver and gold, and your wares include an honest-to-goodness $100 trillion dollar bill, you can never be too careful.

As much as collecting coins can be a hobby, coin shows like the one the Middle Georgia Coin Club hosted during the weekend at the Georgia National Fairgrounds and Agricenter can be a target for thieves.

The collectibles, after all, are money.

Glass displays at the Perry showcased gold coins worth thousands and included an 1893 silver dollar estimated at $15,000. There were $20 U.S. gold pieces from the early 1900s going for $1,300 and up.

Precautions must be taken. Seven years ago, knife-wielding bandits in surgical masks pulled off a $4 million heist at a coin convention in Orlando.

“It’s organized crime,” collector Phil Comer, who helped put on the Perry event, said Sunday. “There are all sorts of ruses, people working in teams.”

Full article at the source>

Share Button

by admin

US Mint Numismatic Program Revenue and Net Income Rise in FY 2013

January 27, 2014 in Coins, Gold, Gold Coins, News, Numismatica, Numismatics, Silver, Silver Coins, US Mint, USA Coins

January 24, 2014 By Michael Zielinski (http://news.coinupdate.com/)

During the fiscal year ended September 30, 2013, the United States Mint reported higher numismatic revenue and net income, as the contributions from special product offerings offset continuing weakness for some traditional products. Revenue for the segment grew by 6.5% to $512.4 million, while net income and seigniorage increased by 29.6% to to $95.8 million.

The United States Mint’s numismatic program includes high quality versions or specially packaged circulating coins, precious metals coins, commemorative coins, and medals which are offered for sale directly to the public

Some products are required by federal statute, some are required under individual public laws, and others are created at the discretion of the Secretary of the Treasury. A main objective of the numismatic program is to increase the customer base and foster new sales, while controlling costs to keep prices as low as practicable.

Full article at the source>

Share Button

by admin

Long Beach Coin, Currency, Stamp & Sports Collectible Expo Starts Thursday

January 27, 2014 in Clubs and Associations, Coin Shows, Coins, Collecting, Conventions, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Stamps, U.S. Notes, USA Coins

By: http://www.gazettes.com January 26th, 2014

The 50th annual Long Beach Coin, Currency, Stamp & Sports Collectible Expo will occur from 10 a.m. to 7 p.m. on Jan. 30-Feb. 1 at the Long Beach Convention Center.

The expo is open to the public for buying gold, silver, rare coins, vintage paper money, rare stamps, sports memorabilia and other collectibles. Most of the 400 dealers will offer free appraisals.

Free admission is available to the public in advance by entering the Promo Code PR214 on the “Get Passes” link at www.longbeachexpo.com. Admission is $8 for adults, $4 for seniors 65 years of age and older and children 8 to 16 years of age. Admission is good for all three days.

Full Article at the source>

Share Button

by admin

MC Sheriff’s Office seeks help in big rare coin theft

January 24, 2014 in Antique Coins, Coins, Half Dollars, News, Numismatic Crimes, Numismatica, Numismatics, Silver, Silver Coins, Theft, USA Coins

Thousands of dollars worth of “Walking Liberty” half dollars stolen in Wolftown

By Don Richeson / Eagle Editor. January 24th, 2014 (http://www.dailyprogress.com/)

MADISON — Authorities are seeking the public’s help with a recent rare coin theft from a Wolftown residence that could total as much as $18,000. A Garth Run Road resident reported this month that he noticed as many as 30 rolls of his mostly pre-1947 “Walking Liberty” silver half dollar coins he had collected were missing. Each $10 roll contained 20 coins, which now can sell for as much as $30 or more per coin.

Walking Liberty Half Dollar

This is the type of coin stolen in a recent Wolftown burglary. Authorities want to know if the public has seen any of these circulating this month.

“I’m hoping someone will notice these coins circulating,” Madison County Sheriff’s Investigator Greg Garrett told The Eagle last week. The coins had been concealed away in a master bedroom and were not viewed regularly, so the owner isn’t exactly sure when they went missing, but reported last seeing them just before Christmas, Garrett said.

There were no signs of forced entry and nothing else appears to have been taken – just the coins. “Someone must have known something,” Garrett said, noting that the thieves were somehow able to slip in and out despite the presence of dogs in the house, which may have been left unlocked. The missing coins were mostly the type that depicted “Lady Liberty” on the front and an eagle on the back. There were also a few early 1960s Kennedy silver half dollars in the collection.

“They have a lot of sentimental value to the owner, who had been collecting them for a number of years,” Garrett said.

Anyone with any information on the theft or who may have seen one of the coins are requested to call the MCSO at (540) 948-5161.

 

 

Share Button

by admin

Rare Henry VI golden angel coin one of the highlights of Smiths of Newent auction

January 23, 2014 in Antique Coins, Auctions, Coins, Collecting, English Coins, Gold, Gold Coins, History, News, Numismatica, Numismatics, World Coins

By Weekend . January 23, 2014 (http://www.gloucestershireecho.co.uk/)

A rare gold coin found in a field near Tewkesbury could make £6,000 for its mystery finder and the farmer on whose land it was dug up.

The ‘golden angel’ dates back to the reign of Henry VI and was discovered near the historic Battle of Tewkesbury site.

The Wars of the Roses decider took place in 1471, when Henry VI, of the House of Lancaster, went into battle with Edward IV of York.

It’s tempting, says a spokesman for the auctioneers, Smiths, to think the coin was dropped by one of the many nobility who made their way to or from the battlefield on that fateful day.

“Our coin consultant was very excited to be asked to value and catalogue the coin which carries an estimate of £4,000-£6,000,” said a spokesman for the Newent firm.

“He’s confident it will attract significant interest from coin collectors around the world.”

Full article at the source>

Share Button

by admin

US Mint Sales Report: Special Occasion Coin Sets Debut

January 23, 2014 in Coins, Collecting, Commemorative, Gold, Gold Coins, News, Numismatica, Numismatics, Silver, Silver Coins, US Mint, USA Coins

January 22, 2014 By Michael Zielinski  (http://news.coinupdate.com/)

The latest weekly report of the United States Mint’s numismatic product sales includes the opening numbers for three recently released special occasion sets. Previous 2014-dated product releases added modest amounts to their sales totals.

On January 14, 2014, the US Mint opened sales for a trio of coin sets targeted towards gift giving occasions. The 2014 Birth Set and 2014 Happy Birthday Set each included five different proof coins struck at the San Francisco Mint. The 2014 Congratulations Set contained the 2014 Proof American Silver Eagle struck at the West Point Mint. The fact that these sets represented the first availability for several 2014-dated coins apparently did not seem to entice collectors.

The 2014 Birth Set and 2014 Happy Birthday Set opened with sales of 1,746 and 1,195 units, respectively. These sets represent the first availability of the 2014-S Proof Lincoln Cent, Jefferson Nickel, Roosevelt Dime, and Kennedy Half Dollar. These coins will later be included in the full annual 2014 Proof Set, which is not scheduled for release until March 25.

Full article at the source>

 

Share Button

by admin

Russian Coins Sell For $5,364,428 in New York

January 19, 2014 in Antique Coins, Auctions, Coins, Gold, Gold Coins, History, News, Numismatica, Numismatics, Russian Coins, World Coins

January 17th, 2014. By: Yareah Magazine (http://www.yareah.com/)

An auction of Russian coins, orders and medals held by Baldwin’s, in association with Dmitry Markov Coins and Medals and M & M Numismatics, on Thursday 9th January realised US $5,364,428.

Struck to commemorate the 30th Birthday of Tsar Alexander II’s fourth son Grand Duke Vladimir, an 1876 25 Roubles topped The New York Sale, Auction XXXIII and was purchased for US$380,250. The proof-like gold 25 Roubles is one of only four large gold coin types issued by Imperial Russia. Of the four, the 25 Roubles coin is the rarest and most elusive, as only 100 pieces were struck. [Lot 1235]

Vladimir was president of the Academy of Arts and a famous Patron to many artists. His military career was tarnished after the Bloody Sunday massacre in 1905, when hundreds of unarmed protesters were killed outside the Winter Palace as they marched to present a petition to Tsar Nicholas II. Although he was away from the city at the time and claimed no responsibility, Vladimir’s reputation never recovered.

Full article at the source>

Share Button

by admin

2014 PNG-ANA Numismatic Trade Show Will Be Open To The Public And All Dealers

January 18, 2014 in ANA (American Numismatic Association), Coin Shows, Conventions, News, Numismatica, Numismatics, PNG Professional Numismatists Guild, Press Releases

For immediate release
January 15, 2014

News media contacts:
Robert Brueggeman, for PNG, (951) 587-8300
Jake Sherlock, for ANA, (719) 482-9872

2014 PNG-ANA Numismatic Trade Show Will Be Open To The Public And All Dealers

 (Temecula, California) — The Professional Numismatists Guild (http://www.PNGdealers.org) and the American Numismatic Association (http://www.money.org) have announced plans for the first PNG-ANA Numismatic Trade Show, Saturday through Monday, August 2 – 4, 2014, immediately prior to and in the same location as the Chicago 2014 ANA World’s Fair of MoneySM.

“It will be open to the public to buy and sell.  We’re also trying something new to benefit collectors and dealers with eligibility rules that will make it easy for virtually any dealer to get a table whether or not he or she will have a table at the World’s Fair of Money,” said PNG Executive Director Robert Brueggeman.

“If prospective table buyers are not already members of the PNG or the ANA, the PNG will sponsor and pay for those dealers’ first year memberships in the ANA so they can be eligible to purchase tables at the PNG-ANA Numismatic Trade Show,” he explained.
“This show is being produced by the same, experienced team that successfully organized PNG Day shows across the country for two decades,” added Brueggeman.

One lucky public visitor each day will win one of three Double Eagle gold coins donated by PNG members as valuable door prizes.
Auctions will be conducted during the show by Stack’s Bowers Galleries and Heritage Auctions, the ANA’s official 2014 auctioneers.
Numismatic Guaranty Corporation, the official grading service of both the ANA and PNG, will accept submissions during the show.
“The collector community will enjoy nine days of education, auctions and fellowship, and they’ll have the opportunity to buy and sell from hundreds of dealers,” said Kimberly Kiick, ANA Executive Director. “The PNG and the ANA, along with our two auction houses, Heritage Auctions and Stack’s Bowers Galleries, are excited to all be working together to present the biggest numismatic event of the year.”

The PNG-ANA Numismatic Trade Show will be conveniently held in the same convention hall as the 2014 ANA World’s Fair of Money at the Donald E. Stephens Convention Center in the Chicago suburb of Rosemont, Illinois.

For additional information, contact the Professional Numismatists Guild at (951) 587-8300 or by email at info@PNGdealers.org.

###

Share Button

by admin

Pre-euro coins could fetch up to $13,200 at auction

January 15, 2014 in Antique Coins, Auctions, Coins, Collecting, Copper Coins, Irish Coins, News, Numismatica, Numismatics, World Coins

By: Molly Muldoon @MollyMuldoonNYC January 15,2014 (http://www.irishcentral.com/)

Over ten years on from switching to the Euro, collectors are now saying that some of the more scarcely produced Irish currency from before the switch could fetch a pretty penny. Coins from as recent as the 1980s and 1990s are valued at thousands of euros today.

Despite the fact that Ireland officially joining the Euro over ten years ago, there is still up to “€300m worth of punts are still unclaimed for” according to the Central Bank of Ireland. While many of the unclaimed coins and notes probably haven’t changed much in value, some of the more rare pieces have skyrocketed in price today.

For example, the 1985 copper-colored 20p piece that depicts a horse could be worth at least €10,000 in auction. Similarly, the 1992 10p coin could bring in between €5,000 and €10,000. Both of these coins were only produced in very small quantities, making them rare today.

“It’s their very scarcity that makes them so collectable,” says Mike Kelly, one of Ireland’s foremost coin collectors and numismatic experts, speaking to the Irish Independent. “The fact that anomalies like those coins exist gets collectors really excited.”

Full article at the source>

Share Button

by admin

The Gold and Silver Mine: Is the U.S. Postal Service getting into the lottery business?

January 15, 2014 in Collecting, Education, History, News, Stamps

By: Douglas Keefe. January 14th, 2014 (http://www.shorenewstoday.com/)

A weekly column dedicated to “digging out” current information about precious metals, coins and other numismatics.

Stamp collecting is the first serious hobby I embarked on, starting while in the fourth grade and continuing for many years after.

In fact when I opened my first stores, first here in Brigantine and later in the Shore Mall, the only items I dealt with were coins, stamps and metal detectors (hence the name Beachcomber).

Because I still have a soft spot in my heart for stamp collecting, I will occasionally write an article about stamps. This is one.

By 1918 air travel, though still in its’ infancy, was becoming more commonplace.

The post office, in order to speed up the delivery of mail, decided to use airplanes for that purpose. Because this would be a more expensive mode of transit, they decided to print airmail stamps in a higher value than the regular 2-cent and 3-cent rates that were used in overland transit. The first airmail stamps were printed in 6 cent, 16 cent and 24 cent denominations, the difference being for weight and length of transit. The stamps featured the portrait of a bi-plane (an airplane with two wings that was common at that time) known as the Curtiss “Jenny.” Curtiss being the name of the company that manufactured the airplane.

The first two stamps were printed in one color, orange and green respectively, but it was decided the 24-cent stamp should be printed in two colors, red for the border and dark blue for the airplane. Because of printing techniques at that time the stamp, which was printed in sheets of 100, had to be fed through the printing press twice, once for each color. As can happen, one sheet of stamps had the airplane printed upside down (inverted) and this sheet got past the inspectors and was sold to a very lucky individual. This created one of the major rarities of United States stamps, although not unique because other stamps that went through the two-step printing process also ended up with inverted centers.

Fast forward to 2013. The U. S. Postal Service has evidently decided to get into the lottery business as they have reprinted this famous stamp in the form of a sheet featuring six of the inverted stamps in a denomination of $2 instead of the original 24 cents, making the sheet valued at $12.  However, 100 sheets were printed with the airplane right side up, not inverted. These sheets are sold in sealed envelopes, so the purchaser has no way of knowing in advance what stamp they are purchasing. This needless to say has created quite a controversy as well as a demand for the right side up variety, with offers in the tens of thousands of dollars for their purchase from the lucky finder.

Ful article at the source>

Share Button

by admin

Silver Eagles, US Mint Special Occasion Sets, FUN Convention Reports

January 14, 2014 in Antique Coins, Coin Shows, Coins, Collecting, Conventions, Gold, Gold Coins, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins, World Coins

January 13th, 2014. By: CoinUpdate (http://coinupdate.com)

We’re back with another fresh round up of the latest coin collecting news and articles from around the internet!

First day sales for the United States Mint’s 2014 American Silver Eagle bullion coins reached 3,180,500 coins. This amount was less than the prior year’s opening day sales.

The US Mint will begin accepting orders for three special occasion sets tomorrow. These sets will represent the fist appearance of several 2014-dated coins.

Doug Winter provides some market observations following the FUN show.

Full article at the source>

Share Button

by admin

Legend Numismatics Market Report (2014 Fun Show)

January 14, 2014 in Auctions, Coin Shows, Coins, Gold, Gold Coins, Market Report, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Opinion, Rare Coins, Silver, Silver Coins, USA Coins, World Coins

 

Here’s a link to the Legend Numismatics Market Report on the 2014 Fun Show. By Laura Sperber. Always worth reading.

Share Button

by admin

Numismatist Jamal Torabi to be commemorated in Tehran

January 14, 2014 in Collecting, History, News, Numismatica, Numismatics

By: Art Desk. January 13th, 2014 (http://tehrantimes.com)

TEHRAN – Experts will gather for a ceremony today at the Iranian Academy of Arts (IAA) to commemorate Seyyed Jamal Torabi Tabatabaii (1925-2009), who is the father of Iran’s numismatics.

Historian, writer and poet Mohammad-Ebrahim Bastani Parizi, Head of the Managing Board of the Iranian Society of History Dariush Rahmanian, and Manager of the Anthropology Encyclopedia Center and the Research Institute of History of Oriental Civilization Mohammad-Sadeq Mahfuzi are expected to speak at the ceremony, IAA reported in a press release on Monday.
Share Button

by admin

Rare Coins Lure Emerging Market Buyers to N.Y. Convention

January 11, 2014 in Antique Coins, Auctions, Brazil Coins, Coin Shows, Coins, Conventions, News, Numismatica, Numismatics, Rare Coins, USA Coins, World Coins

By Katya Kazakina  Jan 10, 2014 (http://www.bloomberg.com)

Never mind the Bitcoin craze. Gold and silver coins starring Russian czars, Chinese leaders and Roman emperors are igniting bidding wars as numismatic buffs compete with investors and wealthy collectors from emerging economies for the tiny relics.

Heritage Auctions set a record this week for a Brazilian coin sold at auction when a gold 1822 piece depicting the country’s first Emperor, Pedro I, fetched $499,375 in New York, said Cristiano Bierrenbach, the Dallas-based company’s head of world coins. Six of the 10 bidders were from Brazil. A 1711 Mexican Felipe V gold royal cob 8 escudos brought $293,750.

The sales were part of the 42nd annual New York International Numismatic Convention, the largest international gathering of dealers and auctioneers in the field of ancient and world coins. The event, running through Jan. 13 at the Waldorf Astoria Hotel, showcases an increasingly global market for the collectibles. In addition to a series of auctions, it includes 120 dealers hawking coins dating back to ancient Greece.

Full article at the source>

Share Button

by admin

Finest Certified 1787 Brasher Doubloon Realizes $4,582,500

January 10, 2014 in Antique Coins, Auctions, Coins, Collecting, Gold, Gold Coins, News, Numismatica, Numismatics, Rare Coins, USA Coins

January 9, 2014 By Dennis Hengeveld (http://news.coinupdate.com)

The 2014 Florida United Numismatists (FUN) convention was highlighted by the sale of various prime numismatic rarities, first and foremost the finest certified example of the 1787 Brasher Doubloon, sold by Heritage Auctions.

One of the most enigmatic and historical of all United States Coinage, the coin offered was one of only seven Brasher Doubloons known to have survived to the present day and a representative of the only colonial United States gold coin struck for circulation, with regular gold coinage by the United States Mint not produced until 1795, almost a decade later. The coin has been certified by NGC as MS-63, and is the only uncirculated piece certified by either PCGS or NGC. Another uncirculated example was in the Garrett collection but has not been submitted to a grading service for authentication. The other five known examples are circulated. With such specifications, the auction price of $4,582,500.00 (including buyer’s premium) was certainly warranted.

1787 New York Brasher Doubloon, MS63 Only Pre-Federal American Gold Coin, W-5840 Finest-Certified Example of This Classic Rarity The Discovery Coin, Ex: Gilmor, Newlin, Davis, Brand

1787 New York Brasher Doubloon, MS63
Only Pre-Federal American Gold Coin, W-5840
Finest-Certified Example of This Classic Rarity
The Discovery Coin, Ex: Gilmor, Newlin, Davis, Brand

1787 New York Brasher Doubloon, MS63 Only Pre-Federal American Gold Coin, W-5840 Finest-Certified Example of This Classic Rarity The Discovery Coin, Ex: Gilmor, Newlin, Davis, Brand

1787 New York Brasher Doubloon, MS63
Only Pre-Federal American Gold Coin, W-5840
Finest-Certified Example of This Classic Rarity
The Discovery Coin, Ex: Gilmor, Newlin, Davis, Brand

A full and excellent history of the coin and it’s maker, Ephraim Brasher, can be found in the auction catalog and on the website of Heritage Auctions. Brasher was a New York native and silversmith who worked in Manhattan and lived close by on Cherry Street in New York City, with George Washington and as his neighbor in the 1780’s. Brasher and Washington were well acquainted, and to this day silverware hallmarked “EB” can be found in the collection of the White House, including the original receipts. This hallmark, the capital letters “EB” in an oval can also be found on various world gold coins of this period. It appears that Brasher was a proficient assayer as well and that counterstamped coins that he had tested circulated at full value.

Full article at the source>

Link to Heritage Auctions Auction Archive Page for this coin

Share Button

by admin

Hawaii Five-O 1913 Liberty Nickel Realizes $3,290,000

January 10, 2014 in Antique Coins, Auctions, Coin Shows, Coins, Collecting, Nickel Coins, Numismatica, Numismatics, Rare Coins, USA Coins

January 9, 2014 By Dennis Hengeveld (http://news.coinupdate.com)

The 2014 Florida United Numismatists Convention held in Orlando, Florida included an auction conducted by Heritage Auctions. While almost every type of United States coinage was offered at the auction there were a number of single coins that led the sale. One of these, no doubt, was the Olsen specimen of the 1913 Liberty Nickel. Graded PF-64 by NGC and considered to be second finest of just five specimens known to have been struck and known to exist, the coin realized a final price of $3,290,000 including buyer’s premium. The coin, which is famous for appearing in a 1973 episode of the series “Hawaii-Five-O” had last sold at public auction in January of 2010, when it realized $3,737,500.

1913 Liberty Head Nickel, PR64 King of 20th Century Coins

1913 Liberty Head Nickel, PR64
King of 20th Century Coins

1913 Liberty Head Nickel, PR64 King of 20th Century Coins

1913 Liberty Head Nickel, PR64
King of 20th Century Coins

The attentive reader will realize that we have featured a number of articles on the 1913 Liberty Nickel over the years. One of these articles was on the occasion of the sale of the Walton Specimen, sold in April of last year. And even though the sale of the Olsen specimen is the second example available to collectors at public auction within a year, this does not mean that such offerings have traditionally been common. In fact, prior to these two auction sales there had just been a dozen auctions in which a 1913 Liberty Nickel had appeared for sale, the first in 1944 when the coin sold by Heritage this year realized $3,750 when B Max Mehl sold it as part of the Olsen Collection.

Full article at the source>

Link to Heritage Auctions Auction Archive Page for this coin

Share Button

by admin

Once in a Lifetime Numismatic Opportunity

January 8, 2014 in Antique Coins, Canadian Coins, Coins, Coins for sale, Collecting, Gold, Gold Coins, Numismatica, Numismatics, Precious Metals, Royal Canadian Mint

By: Andy Schectman. January 7th, 2014 (http://blog.milesfranklin.com)

Hoards of coins – or discoveries of large caches of coins accumulated under unusual conditions – have fascinated people for generations.  Rare coin hoards infrequently come to market; and when they do, they almost always sell out quickly, commanding high market premiums.

One example that comes to mind is the GSA Hoard of U.S. Silver Dollars.  To wit, on December 31, 1970, legislation was signed authorizing their sale through the General Services Administration.  Over 2.8 million coins were sold to the public, for about $20 each.  The coins now sell for anywhere from $200 to several thousands of dollars each!

Moreover, in the mid-1980s, coins from the S.S. Central America were pulled from the ocean floor; with nearly 6,000 1857-S $20 Liberty gold coins found in over 8,000 feet of water.  Those coins now sell for over $10,000 in choice condition.

Finally, my personal favorite is the Wells Fargo Hoard of 1908 Saint Gaudens.  In the early 1990s, nearly 10,000 high-quality, 1908 No Motto Saint-Gaudens $20 gold pieces came onto the market.  Called the Wells Fargo Hoard, the coins had been untouched since 1917, as they had been originally designated for use as World War I debt payment.  The coins were housed in a Nevada Wells Fargo bank, which is why they are referred to as the Wells Fargo hoard.

Now let’s fast forward to the present, as Miles Franklin is privileged to be involved in what may be the best numismatic opportunity in nearly two decades.  Recently, we purchased a significant portion of what is now called the Bank of Canada Hoard, a rare collection of some of the first gold coins produced by the Royal Canadian Mint.

Full article at the source>

Share Button

by admin

Former US Mint Chief Engraver John Mercanti Designs Australian High Relief Eagle Coins

January 8, 2014 in Coins, Collecting, Commemorative, Design, Gold, Gold Coins, News, Numismatica, Numismatics, Perth Mint, Proof Coins, Silver, Silver Coins, World Coins

January 7, 2014 By Coin Update (http://news.coinupdate.com)

John Mercanti, the 12th Chief Engraver of the United States Mint, has created the reverse design for the Perth Mint’s recently released 2014 Australian Wedge-Tailed Eagle gold and silver high relief proof coins.

One of America’s most respected coin sculptor-engravers, Mercanti joined the US Mint in 1974 and held the position of Chief Engraver from 2006 until his retirement in 2010. He has been responsible for more coin and medal designs than any other employee in US Mint history. Among them is the American Silver Eagle, issued from 1986 to present, which features Mercanti’s re-interpretation of Adolph A. Weinman’s Walking Liberty design on the obverse and a stunning heraldic eagle on the reverse.

John Mercanti brought his extraordinary talents to bear on the Australian Wedge-Tailed Eagle project on behalf of The Perth Mint. Despite being honored for so many outstanding achievements in American coin design, he described the opportunity to sculpt the image for an Australian legal tender issue as “one of the highlights of my career.”

Full article and pictures of the designs, coins at the source>

Share Button

by admin

Rare coins ready to be collected

January 7, 2014 in Coins, Collecting, Gold, Gold Coins, News, Numismatica, Numismatics, Silver, Silver Coins, World Coins

By: Peter Williams The West Australian (http://au.news.yahoo.com/thewest)

Investors caught up in the collapse of The Rare Coin Company will start collecting their valuables from an Albany vault next week.

Vintage coins and banknotes valued at more than $200 million bought by retirees and other collectors have been held at the former headquarters of the dealership since it went into voluntary liquidation in July.

Receivers and managers PPB Advisory told investors whose ownership of the collectables has been confirmed by the Supreme Court they could make appointments to pick them up between January 14 and 31.

PPB Advisory said investors would need to pay outstanding storage and insurance fees before receiving their goods.

There are about 1700 people affected by the liquidation, many of whom sank hundreds of thousands of dollars of superannuation funds into coins and banknotes.

Full Article at the source>

Share Button

by admin

Florida’s Fun Show starts this January 9th

January 6, 2014 in Clubs and Associations, Coin Shows, Coins, Coins for sale, Collecting, Conventions, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Seminars, USA Coins, World Coins

This year  Florida United Numismatics Show “Fun” starts this January 9th.

Here’s a link to Florida United Numismatist Page>

and to the FUN Show Information Page>

Share Button
Translate »