You are browsing the archive for 2016 November.

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Spain: “Treasures of Spanish Museums” Latest Series Launches with Spectacular Gold Coin and Silver Coin Set

November 30, 2016 in Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Education, Euro Coins, Gold, History, Investing, New Releases, News, Numismatica, Numismatics, Precious Metals, Proof Coins, Silver, Silver Coins, Spain Coins, Spanish Coins, Treasure, World Coins

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

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The Fabrica Nacional Moneda y Timbre / Real Casa de la Moneda have launched their latest set of coins in their very popular “Treasures of the Spanish Museums” series, which debuted in 2013. This is the fourth collection and this year includes four coins–three silver and one gold. The series focuses on some of Spain’s most beloved and well-known masterpieces, capturing them in precious metals, meticulously detailed and engraved. A total of 12 paintings, many of them displayed in Spain’s various national museums throughout the country, have been selected for feature in the series. For the 2016-dated collection, the Real… Full article at the source>

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

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Fantastic Beasts and Where to Find Them—or at Least One of Them

November 23, 2016 in Blogs, Coins, Coins for sale, Collecting, Commemorative, History, Investing, Numismatica, Numismatics, Precious Metals, Proof Coins, Silver, Silver Coins

By: World Mint News Blog world.mintnewsblog.com (News and Commentary on World Coins)

fantastic-beasts-coin-reverse-apmex-or

Fans of J.K. Rowling’s Harry Potter books and movies are lined up around the block this holiday season to see Fantastic Beasts and Where to Find Them. The latest installment of the franchise takes place in 1920s America, where British wizard and magical-creature specialist Newt Scamander loses a few of his fantastic beasts.

There’s no shortage of licensed (and unlicensed) merchandise available for fans of the movie. T-shirts, coffee mugs, figurines, and replica wands abound, along with cell-phone covers and toy coins. One product stands apart from the rest, however. Not only is it not a toy, it’s a full ounce… Full article at the source>

Source: world.mintnewsblog.com (News and Commentary on World Coins)

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Five of the rarest coins you could possibly come across

November 22, 2016 in Antique Coins, Blogs, Coins, Collecting, Education, Gold, Gold Coins, Gold Eagles, Investing, Numismatica, Numismatics, Opinion, Precious Metals, Rare Coins, Reference, Silver, Silver Coins, Silver Dollars, USA Coins

By: Angela Raymond Liberty Coin and Currency Blog

gold coins

For its short length in history, the United States has an extensive list of currency. Many of which are thought to be lost forever after being ordered to be destroyed due to a depression or plans of being replaced with an entirely new design. Their scarcity sparked beliefs of fable until collectors began coming forward with authentic coins verifying their place in history.

The 1794 Flowing Hair Silver Dollar – $10 Million

Now considered the highest valued coin in history, the 1794 Flowing Hair Silver Dollar was struck only in 1794 and 1795. Many collectors refer to it as much… Full article at the source>

Source: Liberty Coin and Currency Blog

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Crack-outs Bring Mixed Results

November 21, 2016 in Coin Grading, Coins, Collecting, Education, Investing, News, Numismatica, Numismatics, Opinion, PCGS (Professional Coin Grading Service), USA Coins, World Coins

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

crackout1880nnc

A regular feature of Coingrader Capsule is the cracking out of slabs by lesser holdering companies to see how they do in the big leagues, namely, PCGS or NGC. Specifically, I wanted to test some coins slabbed by National Numismatic Certification, which I reviewed in September, stating that its grading was inconsistent but, on occasion, good coins can be found encased within. I bid high enough to win these samples:

The 1880 Morgan is difficult to find in gem condition, and this one looked like it might pass muster. At MS-65, PCGS values it at $675.

Here’s a close-up of… Full article at the source>

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

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Registry Riot

November 20, 2016 in Blogs, Coins, Collecting, Education, History, NGC (Numismatic Guaranty Corporation ), Numismatica, Numismatics, Opinion, PCGS (Professional Coin Grading Service)

By: Laura Sperber Legend Numismatics Hot Topics

THINK RATIONAL PEOPLE!

First, let me state I have NEVER been a fan of the Set Registries. I do see they can do some good and are good for record keeping, but I happen to see a lot of negatives. Further, I want to make it clear I do NOT like or support Mark Salzberg of NGC. However, I do fully agree with him banning “other” grading services from NGC Registries, HOWEVER (another big HOWEVER) what he said and his reasoning for the action were childish to the nth degree.

In the beginning when PCGS started its Registry it was all… Full article at the source>

Source: Legend Numismatics Hot Topics

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Computerized Grading, Part 3: What a Startup Might Look Like

November 19, 2016 in Coins, Collecting, Education, Grading, News, Numismatica, Numismatics, Opinion

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

So far, we have covered why an impartial and automated grading option would be beneficial and how the machine itself could possibly function.

Unfortunately, I do not foresee any of the current major grading companies working to develop this level of technology. It would be irresponsible of them to try. Building a computer that can identify, authenticate, and grade coins is going to be a cash-hungry black hole for a large company. The amount of funding it would take to get the computer fully functional, especially to accurately grade Mint State coins, where eye appeal is a factor, would put too… Full article at the source>

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

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Early November report

November 12, 2016 in Coins, Collecting, Education, Gold, Gold Coins, Investing, Market Report, News, Numismatica, Numismatics, Opinion, Precious Metals, Rare Coins, USA Coins

By: Jose Legend Numismatics Market Report

Let the flow begin

We were relieved to see activity continue at a good pace this past week. Of course gold still clearly leads the way.

To answer so many questions we had last week: With Trump being elected the rare coin market has seen NO major changes, nor do we anticipate any in the short term. We have talked to several Wall Street big wigs and bankers. Their general feelings are money will be unlocked in businesses thus leading to profits, thus leading to more income and bounses for the masses. So eventually there will be more money looking Full article at the source>

Source: Legend Numismatics Market Report

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The Australian who inspired silent contemplation of fallen comrades

November 11, 2016 in Australian Coins, Blogs, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Education, Gold, Gold Coins, History, Numismatica, Numismatics, Opinion, Perth Mint, Precious Metals, Proof Coins, Silver, Silver Coins, World Coins

By: Blog Team Perth Mint Blog

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To honour those who have died as a consequence of war, Australians are encouraged to observe one minute’s silence as the clock strikes the 11th hour on the 11th day of the 11th month – the moment the guns fells silent on the Western Front in 1918.

The observance takes place in other Allied countries, including New Zealand, Canada, South Africa and the United States. But how did the tradition originate? Click here for more official military tribute coins from The Perth Mint.

Edward George Honey has been credited as the first person to suggest a period of silence in which… Full article at the source>

Source: Perth Mint Blog

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Paper vs Coin: In the Numismatic World, What is the difference?

November 7, 2016 in Blogs, Coins, Collecting, Education, Money, Numismatica, Numismatics, Opinion, Paper Money, USA Coins, World Coins

By: Angela Raymond Liberty Coin and Currency Blog

Old Russian money and coins

To those who are unfamiliar, coin collecting and paper money collecting may seem as though they are one in the same but what they don’t know is they are more different than they could imagine.

The premise is similar in the sense that one has embarked on a mission to collect as much historical currency as humanly possible. The difference, beyond the obvious physical state, is quite extensive but yet simple when observing these primary differences:

  • Comparatively, paper currency is easier to store than coins as it requires less space.
  • There are a greater number of coins available in the world… Full article at the source>

Source: Liberty Coin and Currency Blog

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Computerized Grading, Part 2: Can We Teach a Computer to See?

November 4, 2016 in Blogs, Coins, Collecting, Education, Grading, News, Numismatica, Numismatics, Opinion, Photography

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

see (verb)—Perceive with the eyes; discern visually.

Can we teach a computer to see?

Three components are necessary for sight to happen. First, you need an eye, something to detect light. In the mechanical world, a camera would serve this function.

Second, you need a brain to decode the messages being passed along the optic nerve. A computer with a software package can accomplish this.

Third (and this is the most critical), you need cognition—that is, the ability to understand what is being seen. For instance, when we see a yellow car with a small sign on top and the letters T-A-X-I on both… Full article at the source>

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

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2016 America the Beautiful Quarters Circulating Coin Set Available November 22

November 4, 2016 in Blogs, Circulating Coins, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Education, Fun, History, New Releases, News, Numismatica, Numismatics, Offers, Quarters, US Mint, USA Coins

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

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While higher-end collectors and investors mull the effects of today’s jobs report on gold prices—or of increases in Chinese manufacturing on silver prices, or of Tuesday’s election results on, well, just about everything—bread-and-butter collectors are eyeing humbler targets. On November 22 the Mint will release the America the Beautiful Quarters 2016 Circulating Coin set.

With the price of the Walking Liberty Half Dollar Centennial likely to be $915.00 or higher, the idea of a $5.95 product offering is somewhat refreshing. The coins have no bullion value and no particular numismatic value, barring the luck of an error coin slipping into Full article at the source>

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

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High-End Sets Usually a Bargain — This One Was Stunning

November 4, 2016 in Auctions, Coin Grading, Coins, Collecting, Collector Sets, Education, Fun, Grading, History, News, Nickel Coins, Numismatica, Numismatics, Opinion, USA Coins

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

nickel

As you can see, I won this Jefferson nickel set in a Capitol Coin Auction on Proxibid. The set was described as special, and because I trusted auctioneer Brad Lisembee’s numismatic skills, I bid $300, with the set coming in a hundred less than my maximum.

I was not disappointed. Nearly every nickel was gem, as he stated, although some were duplicates of the same date put in a spare slot in the Dansco album. For instance, there was no 1938. A 1938-D was placed there instead.

This article explains how to dismantle a set of coins. First, you want to identify… Full article at the source>

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




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Buyers Beware! Fake British Virgin Islands Collector Coins from Unauthorized Distributor

November 3, 2016 in Coins, Collecting, Counterfeit, Education, Fake Coins, News, Numismatic Crimes, Numismatica, Numismatics, Opinion, PSA

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

(Thursday, October 27)–The government of the British Virgin Islands is advising the public, especially coin collectors, that “coins” purported to be issued in the name of the British Virgin Islands have been offered for sale to coin dealers and the general public. (Two examples are shown above.) The coins are being sold from a website originating in Russia, by a company calling themselves “Katz Coins & Notes” or “Coinsking” with offices in Novosibirsk. The designs feature the Sibir Hockey Club in Russia and animals from Novosibirsk Zoo. The seller also purport to have offices in Prague, Czech Republic. The coins… Full article at the source>

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

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Free Book, 100 Greatest U.S. Coins, With New Or Renewed ANA Membership Via Rare Coin Wholesalers

November 1, 2016 in ANA (American Numismatic Association), Antique Coins, Books, Coins, Collecting, Education, Gold, Gold Coins, History, News, Numismatica, Numismatics, Offers, Opinion, Press Releases, Rare Coins, USA Coins

For immediate release
November 1, 2016

News media contact:
Michael Contursi, (949) 679-1222

Free Book, 100 Greatest U.S. Coins, With New Or
Renewed ANA Membership Via Rare Coin Wholesalers

 

100 Greatest U.S. Coins, 4th Edition

100 Greatest U.S. Coins, 4th Edition

(Irvine, California) – A free copy of the latest edition of the award-winning book, 100 Greatest U.S. Coins, will be sent to anyone who submits an American Numismatic Association (ANA) new member or membership renewal through Rare Coin Wholesalers (RCW) before the end of the year.  The promotion is a joint project between RCW and the ANA, the world’s largest organization devoted to collectors of coins, paper money, tokens and medals.

“For each new or renewal ANA application we process now through December 31, 2016, we’ll send the applicant a complimentary copy of the just-published 100 Greatest U.S. Coins, 4th Edition by Jeff Garrett with Ron Guth,” said Michael Contursi, President of Rare Coin Wholesalers (www.RCW1.com) in Irvine, California.

“It’s an impressive, ‘coffee table’ reference book with superb, full-color photographs of 100 of America’s greatest numismatic treasures.  This book is an informative update to the earlier editions that were named Best Book by the Numismatic Literary Guild, and usually sells for about $30,” explained Contursi.

New member ANA applications and renewals can be conveniently submitted online at www.rarecoinwholesalers.com/ana-membership,

“Why is RCW doing this? First, we strongly support the educational mission of the ANA, the ANA’s promotion of coin collecting and the many benefits ANA members enjoy. The author of this excellent, Whitman Publishing book, Jeff Garrett, is the current ANA President and, we support his efforts to grow the association,” explained Contursi.  

“Second, many of the coins depicted and discussed in the book are coins RCW has owned and exhibited at the ANA Money Museum, such as the finest known 1794 silver dollar – the world’s most valuable rare coin and believed by many experts to be the very first silver dollar ever made by the United States Mint — or we assisted collectors in acquiring the kinds of coins featured in the book for their own collections,” said Contursi.

“Finally, our family has grown our business to the next generation, similar to many of our collector/investor clients and colleagues, and we strongly encourage educating and advising the future stewards of numismatics for many generations,” stated Contursi.

“It is my goal to increase membership of the American Numismatic Association by at least 5,000 members in the next few years.   I applaud the team at Rare Coin Wholesalers for being strong partners with the ANA over the years and their continuing support of the association’s education mission,” stated ANA President Garrett.  

By participating in this promotion, applicant’s information will be provided to RCW for fulfillment.  In addition to receiving the free book, everyone applying to join the ANA or renew through this promotion will receive additional information from RCW including useful personal finance commentaries prepared exclusively for RCW by noted economist, Scott Sumner, Ph.D.  The Atlantic magazine described Dr. Sumner as “the blogger who saved the economy.”  He is Director of the Program on Monetary Policy at the Mercatus Center at George Mason University in Arlington, Virginia and is Professor Emeritus of Economics at Bentley University in Waltham, Massachusetts

For additional information, contact Rare Coin Wholesalers toll free at (800) 347-3250 or online at www.rarecoinwholesalers.com/ana-membership.

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