You are browsing the archive for 2014 July.

by admin

Designs Announced for 2015 America the Beautiful Quarters

July 31, 2014 in Coins, Collecting, Collector Sets, Design, News, Numismatica, Numismatics, Quarters, US Mint, USA Coins

By Michael Zielinski

The United States Mint has announced the design selections for the 2015 America the Beautiful Quarters. The five coins to be issued for the coming year will feature the Homestead National Monument of America in Nebraska, Kisatchie National Forest in Louisiana, Blue Ridge Parkway in North Carolina, Bombay Hook National Full article at the source>

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

Category: America the Beautiful Quarters, United States Mint, US Coins

Share Button

by admin

Double Sovereign Celebrates Prince George’s First Birthday

July 30, 2014 in Coins, Coins for sale, Collecting, Commemorative, Gold, Gold Coins, News, Numismatica, Numismatics, The Royal Mint, UK Coins, World Coins

By Michael Alexander

The Royal Mint have announced that a special double sovereign will be issued to mark the first birthday of the UK’s youngest Prince who is in direct succession to the British throne.

Little Prince George, the son of the Duke & Duchess of Cambridge, also known as William & Catherine, was Full article at the source>

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

Category: Royal British Mint, World Coins

Share Button

by admin

Background and History of the West Point Mint

July 30, 2014 in Education, History, News, Numismatica, Numismatics, US Mint, USA Coins

By Michael Zielinski

The West Point Mint is one of four current production facilities operated by the United States Mint. It is located near the U.S. Military Academy in West Point, New York, situated on four acres of land that used to belong to the Academy under the Department of Defense.

The facility was Full article at the source>

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

Category: Featured Articles, United States Mint, US Coins

Share Button

by admin

United States Mint Announces 2015 America the Beautiful Quarters® Program Coin Designs

July 30, 2014 in Coins, Collecting, Collector Sets, Commemorative, News, Numismatica, Numismatics, Press Releases, Quarters, US Mint, USA Coins

US Mint Logo

US Mint Logo

WASHINGTON – The United States Mint (Mint) today announced the five new reverse (tails side) designs that will appear on the 2015 coins released in the America the Beautiful Quarters Program.

Full article at the source>

Source: United States Mint Press Releases/Public Statements

Share Button

by admin

Restoring the JFK Portrait for the 50th Anniversary Kennedy Half Dollars

July 29, 2014 in Coins, Half Dollars, News, Numismatica, Numismatics, US Mint, USA Coins

By Michael Zielinski

Kennedy Half Dollar 50th Anniversary Commemorative Coin

Kennedy Half Dollar 50th Anniversary Commemorative Coin

The Kennedy Half Dollar has been produced for 50 years, but a series of tweaks and modifications have left the current design with a very different appearance than the original. The original portrait design will be making a comeback within three different numismatic products created by the United States Mint Full article at the source>

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

Category: Featured Articles, US Coins

Share Button

by admin

PCGS CoinFacts™ President Ron Guth Named Numismatist of the Year: What Makes Ron Run?

July 29, 2014 in ANA (American Numismatic Association), Awards, Clubs and Associations, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PCGS (Professional Coin Grading Service), Press Releases

For immediate release
July 29, 2014

News media contact:
Steve Sloan, (949) 567-1223

PCGS CoinFacts™ President Ron Guth Named Numismatist of the Year: What Makes Ron Run?

 

Ron Guth has been named 2014 Numismatist of the Year.

Ron Guth has been named 2014 Numismatist of the Year.

The American Numismatic Association’s 2014 Numismatist of the Year is PCGS CoinFacts™ President, award-winning author, researcher, educator and all-around good guy Ron Guth.

“There is no one more deserving of this recognition than Ron.  His contributions to the hobby and profession are far-reaching and wide-ranging.  He shares his knowledge and numismatic goodwill through books, educational seminars, and of course, through the tremendous expansion of PCGS CoinFacts under his leadership the past six years,” stated David Hall, President of Collectors Universe, Inc. (NASDAQ: CLCT), the parent company of PCGS CoinFacts.

Guth began collecting coins in 1964 when the numismatic market was booming and much of the focus was on collecting coins by the roll.  While his U.S. and world numismatic interests are extensive, these days Guth personally specializes in an area of coins that usually are not available in roll quantities: Bavarian “Madonna” Thalers issued from 1753 to the end of the 18th century.

He served as President of Professional Coin Grading Service (www.PCGS.com) from 2005 to 2008.  He then became President of PCGS CoinFacts.com (www.PCGSCoinFacts.com) in 2008 and has guided its growth to become the Internet’s most comprehensive resource for information about United States coins.

“According to our statistics, we now have pages for 33,483 coins with over 5,171 individual coin narratives,” said Guth.

“The growth of PCGS CoinFacts is primarily a function of the new additions in our grading division.  New additions include die varieties, certain medals and tokens, and plus grades.  As new services are developed, they begin to show up on PCGS CoinFacts,” he explained.

“I’m particularly proud of the Condition Census information we offer in areas that are underdeveloped or unavailable in the market, such as U.S. Patterns, California Fractional Gold, and Territorial Gold.  Also, we cover all major rarities with updated census information.”

Guth has authored or co-authored nearly a dozen books on United States and German coins, and yet another is on the horizon.

“I’m currently working on a book with broad market appeal, but the title and contents are secret for now,” he hinted.

Guth will receive the Numismatist of the Year award at the ANA 2014 World’s Fair of MoneySM (www.worldsfairofmoney.com) banquet on Friday, August 8, in the Chicago suburb of Rosemont, Illinois.

A 10-day trial of free access to PCGS CoinFacts is available at www.PCGSCoinFacts.com.

###

Share Button

by admin

Congressional Gold Medal Awarded Posthumously to Raoul Wallenberg

July 29, 2014 in Awards, Gold, Medals, News, US Government

US Mint Logo

US Mint Logo

WASHINGTON – Swedish-born businessman and diplomat Raoul Wallenberg was posthumously awarded a Congressional Gold Medal today during a ceremony in the U.S. Capitol Rotunda.

…read more

Source: United States Mint Press Releases/Public Statements

Share Button

by admin

Grace Coolidge First Spouse ½ Ounce Gold Coins Go On Sale July 17

July 29, 2014 in Coins, Coins for sale, Collecting, Commemorative, Gold, Gold Coins, News, Numismatica, Numismatics, Precious Metals, Press Releases, US Mint, USA Coins

US Mint Logo

US Mint Logo

WASHINGTON – The United States Mint will begin accepting orders for the 2014 First Spouse Series One-Half Ounce Grace Coolidge

Gold Coins July 17 at noon Eastern Daylight Time (EDT).

…read more

Source: United States Mint Press Releases/Public Statements

Share Button

by admin

The silver-coloured 2p freak coin that was accidentally made in the wrong metal is set to sell for £1,000 at auction

July 26, 2014 in Auctions, Coin Errors, Coins, Collecting, Cupro-Nickel Coins, English Coins, Errors, News, Numismatica, Numismatics, Rare Coins, The Royal Mint, World Coins

By MAIL ON SUNDAY REPORTER. 26 July 2014 (http://www.dailymail.co.uk/)

  • Coin was accidentally made in cupronickel rather than bronze 

  • Was discovered in 1988 by a petrol station owner opening roll of new coins 

  • Could fetch up to £1,000 at auction next week in Dorset  

A two pence piece that was accidentally made in the wrong metal is set to sell for 50,000 times its face value.

The coin was struck in cupronickel, the blend of copper and nickel formerly used for 10p and 5p coins, when it should have been bronze.

The errant coin, thought to be unique, was discovered in 1988, by the owner of a petrol station in a roll of new coins.

Full article and pictures at the source>

Share Button

by admin

Monaco Prepares Brasher Doubloon For It’s World’s Fair of Money Display

July 25, 2014 in ANA (American Numismatic Association), Antique Coins, Coin Shows, Coins, Collecting, Gold, Gold Coins, History, News, NGC (Numismatic Guaranty Corporation ), Numismatica, Numismatics, Press Releases, Rare Coins, USA Coins

For immediate release
July 25, 2014

News media contact:
Adam Crum, (949) 752-1933

Monaco Prepares Brasher Doubloon For It’s World’s Fair of Money Display

Insured for $10 million, Monaco Rare Coins will display the finest certified (NGC MS63) 1787 Brasher Doubloon at the ANA 2014 Chicago World's Fair of Money.  (Photo credit: NGC.)

Insured for $10 million, Monaco Rare Coins will display the finest certified (NGC MS63) 1787 Brasher Doubloon at the ANA 2014 Chicago World’s Fair of Money.
(Photo credit: NGC.)

(Newport Beach, California) — The finest certified 1787 Brasher Doubloon was shown to Southern California news media representatives as Monaco Rare Coins (www.MonacoRareCoins.com) of Newport Beach, California made final preparations for the legendary coin’s display at the upcoming 2014 Chicago ANA World’s Fair of Money (www.WorldsFairOfMoney.com).

Los Angeles and Orange County area television crews and reporters visited the Monaco offices on Thursday, July 25, to take pictures of the coin and interview Monaco President Michael Carabini and Vice President Adam Crum.  In addition to a story about the historic coin, the Orange County Register newspaper posted a photo slideshow and a video at http://www.ocregister.com/articles/coin-629767-rare-coins.html?pic=2.

“In preparation for the exhibit at the ANA convention, Numismatic Guaranty Corporation has updated the pedigree on the encapsulation insert label to read Virgil Brand – Monaco,” said Crum.

Described as one of the greatest numismatic rarities of the world, the coin is graded NGC MS63, and is the finest certified of the seven known 1787 Brasher Doubloons.  It now is insured for $10 million for the display at the 2014 World’s Fair of Money in the Chicago suburb of Rosemont, Illinois, August 5 – 9.

Monaco Rare Coins President Michael Carabini (standing to the left) watches as company Vice President Adam Crum shows the 1787 Brasher Doubloon to Los Angeles area news media. (Photo credit: Donn Pearlman)

Monaco Rare Coins President Michael Carabini (standing to the left) watches as company Vice President Adam Crum shows the 1787 Brasher Doubloon to Los Angeles area news media.
(Photo credit: Donn Pearlman)

It was created 227 years ago by New York City gold and silversmith Ephraim Brasher, and is the first gold coin struck for the young United States.  Monaco acquired the historic early American coin this past January at the Florida United Numismatists auction conducted by Heritage Auctions, and this upcoming exhibit will be only its second major public display the past quarter century.

A video prepared by Monaco Rare Coins and detailed information about the history of Brasher Doubloons is online at www.MonacoRareCoins.com/BrasherVideo.

###

 

Share Button

by admin

Royal Canadian Mint Launches 10 oz. 99.99% Pure Silver Bullion Bar

July 25, 2014 in Bullion, News, Precious Metals, Royal Canadian Mint, Silver

By Michael Zielinski

The Royal Canadian Mint has expanded their line of bullion products with a new 10 ounce 99.99% pure silver bullion bar.

“The Royal Canadian Mint is committed to offering precious metal investors the best combination of quality and value by delivering superior bullion products through innovation,” said Marc Brûlé, Interim President …read more

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

Category: Precious Metals, Royal Canadian Mint, World Coins

Share Button

by admin

Are 1870-CC Eagles Undervalued in Comparison to their Double Eagle Counterparts?

July 25, 2014 in Antique Coins, Coins, Collecting, Gold, Gold Eagles, Numismatica, Numismatics, Opinion, Precious Metals, Rare Coins, USA Coins

By Doug Winter (Douglas Winter Numismatics)

Without a lot of fanfare, we have seen the dispersal of one of the most amazing collecting of Western branch mint gold coins in the history of numismatics. So far in 2014, the various sales of the Bently/Nob Hill Collection(s) of US Gold Coinage has seen no less than six …read more

Source: RareGoldCoins.com (Douglas Winter Numismatics)

Category: Market Blog, branch mint gold, Carson City double eagles, Carson City eagles, Carson City gold, Carson City gold coins, gold coins, U.S. gold

Share Button

by admin

U.S. Marshals Service 225th Anniversary Commemorative Coin Designs Unveiled

July 25, 2014 in Coins, Collecting, Commemorative, Gold, Gold Coins, History, News, Silver, Silver Coins, US Mint, USA Coins

By Michael Zielinski

At a ceremony held earlier this week, Attorney General Eric Holder, U.S. Marshals Service Director Stacia Hylton, and United States Mint Deputy Director Richard A. Peterson unveiled the designs for the upcoming United States Marshals Service 225th Anniversary Commemorative Coins.

In his remarks Deputy Director Peterson said, “”Every day, across the …read more

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

Category: Featured Articles, United States Mint, US Coins

Share Button

by admin

Kennedy Half Dollar Clad Set First Day Sales Reach 68,974

July 25, 2014 in Coins, Coins for sale, Collecting, Commemorative, News, Numismatica, Numismatics, Uncirculated Coins, US Mint, USA Coins

Kennedy Half Dollar 50th Anniversary Commemorative Coin

Kennedy Half Dollar 50th Anniversary Commemorative Coin

By Mint News Blog

The United States Mint has just indicated that opening day sales for the 50th Anniversary Kennedy Half Dollar Uncirculated Coin Set reached 68,974 units. This amount has already exceeded the Mint’s initial production level by a wide margin and portends strong demand for the two forthcoming anniversary releases.

Each set contains …read more

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

Category: Kennedy Half Dollars

Share Button

by admin

Fake Silver Coins: 11 Ways to Spot Counterfeits

July 23, 2014 in Coin Validators, Coins, Collecting, Counterfeit, Education, Fake Coins, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, Silver Dollars, Silver Eagles

By: Dave Martinez. July 2014 (http://www.silvercoins.com)

It is unfortunate that articles like this have to be written, but where there is money trading hands, there will always be fakes, frauds, and counterfeits.

If you have purchased some silver and can’t get rid of that little voice in your head that keeps saying what if they are fake silver coins …

Below are 11 ways on how to spot fake silver eagles, bars, and bullion. We’ve ranked them from the least to the most effective methods in detecting counterfeits. (Most of these tests can also be applied to gold as well).

 1. Magnetic Test

While many fakes can easily pass this test, silver as well as gold bullion for that matter are both non-magnetic. If a bullion coin or bar sticks to a magnet you can easily throw this one out. Fakes that are produced with any iron or steel content in them will give off some magnetic attraction and identify itself as a fake. Metals that have a core of zinc, copper, lead or other non-magnetic metal will not be detected by this test.

Full Article at the source>

Share Button

by admin

Is it Time to Buy Indian Head Half Eagles?

July 22, 2014 in Coins, Collecting, Gold, Gold Coins, Numismatica, Numismatics, Opinion, Rare Coins, USA Coins

By: Douglas Winter. July 21st, 2014 (http://raregoldcoins.com)

I am generally not a participant in the generic gold market as I tend to favor scarce and rare dates over more common ones. But I like Indian Head half eagles a lot and a recent experience made me ask the question: “is it time to buy Indian Head half eagles?”

I bought a nice, fresh deal of Indian Head half eagles about six weeks ago. All were in very old holders and I broke them out and sent them off to grading. My results were excellent and nearly every coin graded MS64 or MS65. As I got ready to cash in on my windfall, I did some price research and was shocked. Unless they stickered at CAC (more on this in a few moments) the levels I was going to have to sell them left me breathless…and not in a good way.

Full article at the source>

Share Button

by admin

National Baseball Hall of Fame Young Collectors Set Available July 28

July 21, 2014 in Coins, Coins for sale, Collecting, Collector Sets, Commemorative, News, Numismatica, Numismatics, Press Releases, US Mint, USA Coins, Young Collectors

US Mint Logo

US Mint Logo

WASHINGTON – The United States Mint will open sales July 28 at noon Eastern Daylight Time (EDT) for the 2014 National Baseball Hall of Fame Young Collectors Set (product code B37).

…read more

Source: United States Mint Press Releases/Public Statements

Share Button

by admin

New Book Offers Advice for Online Coin Auctions

July 18, 2014 in Auctions, Books, Coins, E-commerce, Ebay, Education, News, Numismatica, Numismatics

July 18, 2014. By Coin Update (http://news.coinupdate.com/)

Numismatic writer Michael Bugeja has assembled a new, updated work–Online Coin Auctioneering–intended for estate auctioneers considering or already selling on a portal such as AuctionZip, iCollector or Proxibid. The advice in this new work also pertains to eBay and coin dealer auctions.

Bugeja writes that all online coin auctions, from the largest to the littlest, have these things in common:

Full article at the source>

Share Button

by admin

50th Anniversary Gold Kennedy Half Dollars at Chicago ANA Convention

July 17, 2014 in ANA (American Numismatic Association), Coin Shows, Coins, Coins for sale, Collecting, Commemorative, Conventions, Events, Gold, Gold Coins, Half Dollars, Numismatica, Numismatics, Precious Metals, Proof Coins, US Mint, USA Coins

July 16, 2014. By Michael Zielinski (http://news.coinupdate.com/)

The United States Mint plans to offer 2,500 of the 50th Anniversary Kennedy Half Dollar Gold Proof Coins at the upcoming ANA Chicago World’s Fair of Money. Certain changes in procedure will be made to improve on how the Mint has offered special products at past conventions.

Details on the planned launch of the eagerly anticipated coin were shared by Marc Landry, the United States Mint’s Acting Associate Director of Sales & Marketing, during a teleconference held this morning.

Full article at the source>

Share Button

by admin

Silver Coin Pays Tribute to Musical Educator Miina Harma

July 17, 2014 in Coins, Coins for sale, Collecting, Commemorative, History, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, World Coins

July 16, 2014. By Michael Alexander. (http://news.coinupdate.com/)

The Bank of Estonia have issued a new collector’s coin to mark the 150th anniversary of birth of one of the country’s most influential composers, choir leaders, and musicians, Miina Harma (1864 – 1941). Harma is credited with great contributions to the Estonian song festival – one of the largest amateur choral events in the world which is held every five years in July on the Tallinn Song Festival Grounds.

Full article at the source>

Share Button

by admin

Saddle Ridge Hoard Coins being sold at Amazon.com

July 12, 2014 in Antique Coins, Coins, Coins for sale, Collecting, Gold, Gold Coins, Investing, Numismatica, Numismatics, PCGS (Professional Coin Grading Service), Precious Metals, Rare Coins, Treasure, Treasure Hunting, USA Coins

Here is a link to the Saddle Hoard Coins being sold at Amazon.com

Saddle Ridge Hoard coins being sold at Amazon.com

Don’t know what the Saddle Ridge Hoard is? read, our related articles below;

Related Articles:

PCGS Certifies “Saddle Ridge Hoard” of Buried Treasure Gold Coins

The Crazy True History of the Saddle Ridge Gold Coins

Amazon Launches Collectible Coins Store

 San Francisco’s Old Mint To Hold Rare Coin Exhibit & Auction For New Museum

Share Button

by admin

PCGS Certifies Rare Transitional Peace Dollars From Former Mint Director’s Estate

July 11, 2014 in ANA (American Numismatic Association), Antique Coins, Auctions, Clubs and Associations, Coins, Coins for sale, Collecting, Conventions, Events, Grading, History, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PCGS (Professional Coin Grading Service), Press Releases, Rare Coins, Silver, Silver Coins, Silver Dollars, US Mint, USA Coins

Updated:

For immediate release
July 11, 2014

News media contact:
Steve Sloan, (949) 567-1223

PCGS Certifies Rare Transitional Peace Dollars From Former Mint Director’s Estate

Five rare 1921 and 1922 proof and circulation strike Peace dollars that reflect historic transition changes in the original high-relief design of the series have been authenticated and graded by Professional Coin Grading Service (www.PCGS.com). The coins exhibit different finishes and relief, including a previously unreported 1921 High Relief sandblasted and antiqued finish presentation specimen.

For over 90 years the coins were under the numismatic market radar, owned by and later in the estate of Raymond T. Baker (1877 – 1935) who was United States Mint Director at the time the five Peace dollars were struck.

“This is a fantastic group of 1921 and 1922 transitional coins, and is one of the most significant group of 20th century coins we’ve seen in a long time,” said PCGS Co-Founder David Hall.

The coins were submitted for certification by PCGS Authorized Dealer Ronald J. Gillio on behalf of Stack’s Bowers Galleries (www.Stacks.com).  Stack’s will offer them in their upcoming public auction in conjunction with the American Numismatic Association’s World’s Fair of Money in Rosemont, Illinois.

“There are three ‘discovery’ pieces among these five important coins, and PCGS has created three new classification numbers to formally recognize and catalog them.  Each of the five transitional Peace dollars now have the “Baker Estate’ pedigree indicated on the insert label in their PCGS holders,” explained PCGS President Don Willis.

“With submission of these historic Baker Estate coins, PCGS now as identified and certified over the years a total of 19 different proof 1922 Peace dollars,” said Willis.

Baker served as Mint Director from March 1917 to March 1922.

“During his tenure, Baker oversaw the introduction of the new Peace dollar in 1921 and the subsequent design modifications in early 1922.  Because of his position, he was able to acquire several important numismatic rarities that have remained off the market since the time of their production,” explained Ron Guth, President of PCGS CoinFacts (www.PCGSCoinFacts.com), the Internet’s most comprehensive resource for information about U.S. coins.

The five recently certified coins and their grades and varieties are:

  • 1921 $1 PCGS SP64.  A discovery coin that has a normal High Relief design, but with a sandblasted and antiqued finish.
  • 1922 $1 PCGS PR67.  Modified High Relief (Judd-2020).  Satin (or “Bright”) finish.  A total of 3,200 production trial examples were struck, but only a few were not subsequently destroyed.  This surviving example is believed to be one of the first made and produced on a Mint press used to strike medals to bring up the Peace dollar design details.
  • 1922 $1 PCGS MS65.  Modified High Relief (J-2020, same die pair as the preceding coin).  It has the number “3200” inked in the left obverse field indicating it was the last coin struck from the production run of 3,200 before the obverse die failed.  It was struck on a normal production press.
  • 1922 $1 PCGS MS67.  Low Relief (Early hub dies, as adopted, but with the B1 reverse).  It was pulled from production when the press indicator reached 140,000 coins struck.
  • 1922 $1 PCGS MS67.  A second Low Relief, early hub dies example, pulled from production at the same time as the preceding coin.
A discovery coin, this 1921 Peace dollar, PCGS SP64, has a normal High Relief design, but with a sandblasted and antique finish.

A discovery coin, this 1921 Peace dollar, PCGS SP64, has a normal High Relief design, but with a sandblasted and antique finish.

From the Baker Estate and graded PCGS PR67, this is one of the few surviving trial examples (J-2020) of 1922 Peace dollars with a Modified High Relief and a Satin finish.

From the Baker Estate and graded PCGS PR67, this is one of the few surviving trial examples (J-2020) of 1922 Peace dollars with a Modified High Relief and a Satin finish.

1922 Low Relief, Early Hub Dies Peace dollar, PCGS MS67.

1922 Low Relief, Early Hub Dies Peace dollar, PCGS MS67.

From the Baker Estate and graded PCGS PR67, this is one of the few surviving trial examples (J-2020) of 1922 Peace dollars with a Modified High Relief and a Satin finish.

From the Baker Estate and graded PCGS PR67, this is one of the few surviving trial examples (J-2020) of 1922 Peace dollars with a Modified High Relief and a Satin finish.

Another 1922 Low Relief, Early Hub Dies Peace dollar from the Baker Estate, also graded PCGS MS67.

Another 1922 Low Relief, Early Hub Dies Peace dollar from the Baker Estate, also graded PCGS MS67.

“This remarkable assemblage traces the transition from the High Relief design of 1921 to the Low Relief design of 1922, and all of the intermediate steps,” said Guth.

“The higher striking pressures required to bring up the full details of the 1921 Peace Dollar caused the dies to fail prematurely.  In an attempt to solve this problem, Mint employees lowered the relief of the design, but only slightly.  These coins are known as the Modified (or Medium) Relief design, but they failed for the same reason as the 1921s.  Ultimately, the design details were reduced drastically, as seen on all of the circulation strike Peace Dollars from 1922 to 1935,” Guth explained.

One of the coins in the group can be tied directly to a January 8, 1922 letter from Mint Superintendent Freas Styer when he sent three 1922-dated experimental coins to Mint Director Baker.  Superintendent Styer wrote: “…the coin marked ‘3200’ was the thirty-second hundredth piece struck – the last before the die sunk.”

Guth stated:  “The historic importance of that coin is immeasurable. This is one of the rare instances when a particular coin can be tied positively to contemporary correspondence.”

Circumstantial evidence supports a claim that the 1922 “Bright” finish Modified High Relief was also included with that letter.  The “Sandblast” finish coin cited in the letter remains unidentified.

Earlier this year, PCGS certified the finest 1922 Matte Finish High Relief Peace dollar, graded PCGS PR67, that also originated from Mint Director Baker’s estate.  It will be one of the featured exhibits in the official Museum Showcase display at the ANA 2014 Chicago World’s Fair of Money, August 5 – 9, courtesy of collector Bob R. Simpson of Texas and Legend Numismatics of New Jersey (www.legendcoin.com).

Since its founding in 1986, Professional Coin Grading Service experts have authenticated and graded over 27 million coins with an estimated market value of $27 billion.  For additional information about PCGS services, visit www.PCGS.com or call PCGS Customer Service at (800) 447-8848.

###

Share Button

by admin

Only A New Gold Standard Will Save The U.S. Dollar – Steve Forbes

July 11, 2014 in Currency, Gold, Investing, Money, News, Opinion, US Federal Reserve, US Government

By: KitcoNews.com Via Forbes.com. (http://www.forbes.com/sites/kitconews/)

(Kitco News) – A weak U.S. dollar is a threat to the global economy and the only way to stop the greenback’s decline is to reintroduce a gold standard, said media tycoon, Steve Forbes.

Forbes, the editor and chief of Forbes Media, was one of the keynote speakers at the annual Freedomfest conference in Las Vegas, an annual convention that looks to gather free minds for open discussions on politics and the economy.

In an interview with Kitco News’ Daniela Cambone, Forbes talked about gold’s role it the U.S. economy, which is also highlighted in his latest book MONEY: How The Destruction Of The Dollar Threatens The Global Economy And What We Can Do About It.  He said to stop the decline in the U.S. dollar it only makes sense to link it to gold.

Full article at the source>

Share Button

by admin

PCGS Plans “Worst of the Worst” Morgan Dollars And Superb, Historic Assay Medals Displays At ANA

July 9, 2014 in ANA (American Numismatic Association), Antique Coins, Coin Grading, Coins, Collecting, Events, Gold, Gold Coins, Medals, Morgan Silver Dollars, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PCGS (Professional Coin Grading Service), Press Releases, Rare Coins, Silver, Silver Coins, Silver Dollars, US Mint, USA Coins

For immediate release
July 9, 2014

News media contact:
Steve Sloan, (949) 567-1223

PCGS Plans “Worst of the Worst” Morgan Dollars And Superb, Historic Assay Medals Displays At ANA

Two extremely difficult to assemble numismatic collections that are the finest of their kinds in the PCGS Set Registry® will be displayed for the first time in public by Professional Coin Grading Service (www.pcgs.com) at the upcoming American Numismatic Association 2014 Chicago World’s Fair of Money, August 5 – 9.

This 1860 U.S. Assay Commission medal, graded PCGS SP64BN, is part of the Numismatic Americana Reference Collection that will be displayed by PCGS at the 2014 ANA World's Fair of Money.   Photo credit: PCGS

This 1860 U.S. Assay Commission medal, graded PCGS SP64BN, is part of the Numismatic Americana Reference Collection that will be displayed by PCGS at the 2014 ANA World’s Fair of Money.
Photo credit: PCGS

The superb quality “Numismatic Americana Reference Collection” of Medals of the United States Assay Commission and the “End of the Trail VIII Collection” of Morgan dollars with the lowest grade point average in the “Low Ball” registry will be exhibited at the PCGS booth (#701) at the ANA convention.

The all-time finest registry set of historic U.S. Assay Commission medals of 1860 to 1977 is owned by PCGS Authorized Dealer Bill Shamhart of Numismatic Americana, Inc. in New Jersey.  The set has a Mint State weighted grade point average of 62.345.

The Assay Commission was established in 1792 to supervise the annual testing of gold and silver coinage produced by the United States Mint to ensure that the metal content met specifications.  The commission members appointed each year were private citizens including numismatists.

Medals were produced for commission members every year from 1860 through 1977, except during the Civil War era, 1862 -1866, and in 1954.

“Most U.S. Assay medals are rare because they were only issued in very limited quantities, usually from about 50 to 200 of each.  They were struck in various sizes ranging from 33 millimeters in diameter, a little larger than a modern half dollar, to 76 millimeters, about twice the size of a Double Eagle.  There’s also a vast array of interesting and beautiful designs in the series.  PCGS recently began authenticating and grading these important medals,” explained PCGS President Don Willis

PCGS has produced a brochure about U.S. Assay Commission medals in the Numismatic Americana Reference Collection featuring illustrations of Shamhart’s ten favorite medals.  Copies of the brochure will be available free while supplies last at the PCGS booth at the ANA convention.

The entire collection can be viewed online at www.pcgs.com/setregistry/alltimeset.aspx?s=118273.

PCGS also will display at the 2014 ANA World’s Fair of Money the lowest graded basic set of Morgan Dollars.

This 1878 eight tail feathers Morgan dollar, graded PCGS PO-1 (none worse!), is from the End of the Trail VIII Collection of Low Ball Morgan dollars that will be exhibited for the first time during the 2014 ANA World's Fair of Money.   Photo credit: PCGS

This 1878 eight tail feathers Morgan dollar, graded PCGS PO-1 (none worse!), is from the End of the Trail VIII Collection of Low Ball Morgan dollars that will be exhibited for the first time during the 2014 ANA World’s Fair of Money.
Photo credit: PCGS

“The appropriately named ‘End of the Trail’ Morgan dollar collection has a Poor weighted grade point average of only 1.130.  It is the all-time finest, or in this case, the worst-of-the-worst basic Morgan dollar set in the Low Ball category.  While collectors have a lot of fun with the Low Ball sets, remember that it often is just as difficult and exciting to build a low grade set as it is to assemble a high grade collection,” said Willis.

Free, educational brochures about this collection will be available at the show while supplies.  The brochure includes illustrations of the top ten favorite low-grade Morgan dollar coins of the set’s owner, collector Mike Hoyman of Alaska.

Hoyman’s number one favorite is an 1878 eight tail feathers variety that is missing more than 99 percent of the obverse but has enough reverse design remaining to distinguish the eight feathers.  It is graded PCGS PO-1.

PCGS authenticators were unable to determine the specific VAM variety for that coin and some others in the collection because the grades are so low.  Of the 97 coins in the set, 87 of them are graded Poor (PCGS PO-1) and the other 10 are graded Fair (PCGS FR-2).

The entire End of the Trail VIII Collection can be viewed online at www.pcgs.com/setregistry/alltimeset.aspx?s=82663.

“PCGS launched the Low Ball registry category in 2007 as a fun and challenging way for collectors to compete to see who has the lowest graded coins.  It’s much harder than you would think, but there are now 825 registered Low Ball sets of U.S. coins,” said BJ Searls, Collectors Universe Set Registry & Special Projects Director.

The PCGS Set Registry (www.pcgs.com/setregistry) was established in 2001 and now hosts over 70,000 U.S. and world coins sets. For additional information about PCGS and its services, visit www.PCGS.com or call PCGS Customer Service at (800) 447-8848.

###

 

Share Button

by admin

Legend Numismatics Hot Topics (The Pogue Collection)

July 8, 2014 in Antique Coins, Auctions, Coins, Coins for sale, Collecting, Gold, Gold Coins, Investing, News, Numismatica, Numismatics, Opinion, Precious Metals, Rare Coins, Silver, Silver Coins, USA Coins

Legend Numismatics Hot Topics (The Pogue Collection)

A commentary by Laura Sperber From Legend Numismatics

Follow this link to full article>

Share Button
Translate »