You are browsing the archive for 2017 February.

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Stack’s Bowers Galleries acquires CollectiveCoin.com

February 28, 2017 in Coins, Collecting, News, Numismatica, Numismatics, Online Tools, Press Releases, Rare Coins, Reference, Software, Technology

By: Press Release News.CoinUpdate.com (Coin Update News)

(Santa Ana, California)—Stack’s Bowers Galleries is pleased to announce it has acquired the interactive website CollectiveCoin.com.

CollectiveCoin.com was started in 2014 by Matt Lenore and Nick Baum and is a leading tool for managing coin collections online, allowing collectors to publicly or privately view, manage, and track their numismatic collections seamlessly across all devices. The website also has robust interactive social tools, allowing members to share their collections, to comment on individual coins or collections, and to buy, sell, and trade with other members.

“One of our mission statements is to provide solutions for all our clients’ collecting needs,” stated.. Full article at the source>

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

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Dipped: Know the Tell-Tale Signs

February 28, 2017 in Antique Coins, Coins, Coins for sale, Collecting, Copper, Copper Coins, E-commerce, Ebay, Education, Morgan Silver Dollars, News, Numismatica, Numismatics, Opinion, Pennies, Rare Coins, Silver Coins, USA Coins

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

Increasingly on Proxibid, HiBid, and eBay, I am encountering dipped coins, making me wary about placing any bids, even on Morgan dollars like this 1902 one depicted above. That’s not how a 115-year-old silver coin is supposed to look, unless it was broken out of a bank roll, in which case the seller would have offered more than one in this condition.

This coin was expertly dipped, meaning it still may slab at PCGS or NGC.

You can buy dips at coin shops, at shows, and online. Each dealer or expert hobbyist has his or her formula, usually diluted with… Full article at the source>

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

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WGS Interview

February 28, 2017 in Ancient Coins, Archaeology, Blogs, Coins, Collecting, Education, History, Numismatica, Numismatics, Opinion, Rare Coins, World Coins

By: Wayne G. Sayles Ancient Coin Collecting

http://blog.coinsupplyplanet.com/interview-wayne-sayles/

I recently came across an interview that I did a few years ago for CoinSupplyPlanet.com and thought it may be worth sharing here since it is still as relevant as the day it was recorded.

The full interview can be viewed and read at
http://blog.coinsupplyplanet.com/interview-wayne-sayles/ … Full article at the source>

Source: Ancient Coin Collecting (Wayne G. Sayles)

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The Coin Blog: A different kind of coin club

February 25, 2017 in Blogs, Coins, Collecting, Education, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Online Tools, Opinion, USA Coins, World Coins, Young Collectors

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

Blogger Kendall Bailey, who frequently writes for Coin Update, has some great ideas for breathing life into what many fear is a dying hobby. Last week, we shared his “Real-world ideas for promoting numismatics.” This week, we’re sharing his follow-up piece, “A different kind of coin club.” Take a look and let us know your thoughts in the comments—or head over to TheCoinBlog.net to read the original post there.


I recently blogged about ways to promote collecting. One of the ideas was to start a coin club that had no membership fees and a flat… Full article at the source>

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

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“Breaking Bread With In God We Trust” Topic Of ANA Show Presentation By Michael Fuljenz

February 23, 2017 in ANA (American Numismatic Association), Clubs and Associations, Coins, Collecting, Conventions, Education, Events, History, Legal, Legislation, Money, News, Numismatic Literary Guild, Numismatic Societies and Clubs, Numismatica, Numismatics, Opinion, Press Releases, U.S. Notes, US Government, US Mint, USA Coins

February 23, 2017

News media contact:
Paul Stein, (409) 860-9077

“Breaking Bread With In God We Trust” Topic Of ANA Show Presentation By Michael Fuljenz

Michael Fuljenz, President of Universal Coin & Bullion

Michael Fuljenz, President of Universal Coin & Bullion

(Orlando, Florida) – Educator and award-winning numismatic writer Michael Fuljenz, President of Universal Coin & Bullion (www.UniversalCoin.com) will gave an informative Money Talks, “Breaking Bread With In God We Trust, at the American Numismatic Association National Money Show® in Orlando, Florida.  The presentation will begin at 1 pm, Thursday, March 9, 2017, in room W240D at the Orange County Convention Center West Building, site of the show.

A complimentary premium box lunch and bottled water will be available for the first 50 attendees at this lunchtime seminar about the patriotic motto, In God We Trust (www.INGODWETRUSTonmoney.com).

During the educational presentation, Fuljenz will explain how the motto actually was first inspired by events during the War of 1812 that sparked creation of the National Anthem; first appeared on U.S. coins a half century later in 1864; and now continues to withstand legal challenges.

A former high school chemistry and physics teacher and principal of the Governor’s gifted students program in Louisiana, Fuljenz has received more than 60 awards from the Numismatic Literary Guild as well as national and regional awards and honors for his consumer education and protection work in rare coins and precious metals.  He also received an Honorary Doctorate in Humane Letters from McNeese State University.  

A respected community leader and literacy advocate in his hometown of Beaumont, Texas, Mike also has served with distinction as a consultant to the Federal Trade Commission, United States Mint and Royal Canadian Mint, and is on the Boards of Directors of the Jefferson County Texas Crime Stoppers organization, the Diocese of Beaumont Catholic Schools, the Industry Council For Tangible Assets and the Numismatic Literary Guild.

For additional information about the ANA National Money Show, visit www.NationalMoneyShow.com. To read Fuljenz’ free, weekly Metals Market Report go to www.UniversalCoin.com.

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New OFFICIAL RED BOOK Celebrates 225 Years of U.S. Coinage

February 23, 2017 in Books, Coins, Collecting, Education, Events, History, Investing, News, Numismatica, Numismatics, Reference, US Mint, USA Coins

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

Best-Selling Annual Guide Prices 7,900 Coins

(Pelham, Alabama)—The 71st edition of the hobby’s Guide Book of United States Coins (popularly known as the “Red Book”) will launch at the Whitman Baltimore Coin and Collectibles Expo on March 30, 2017. It features new and extensively updated content reflecting the current market for collectible coins. To celebrate the 225th anniversary of coinage at the Philadelphia Mint (1792–2017), the hardcover version of the Red Book‘s 71st edition includes a commemorative gold-foil portrait of David Rittenhouse, first director of the Mint, who was appointed by President George Washington. The Red Book can be… Full article at the source>

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

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A brief history of silver certificates

February 16, 2017 in Blogs, Collecting, Education, History, Investing, Numismatica, Numismatics, Opinion, U.S. Notes

By: Tegna Liberty Coin and Currency Blog

United States Silver Certificate

Forms of currency come and go throughout the histories of nations around the world, from the Franc to the Euro, and from simple gold pieces to the standard silver coin. The U.S. is a relatively young nation (240 years old) but its currencies have changed several times since its founding. One currency lost to antiquity is the Silver Certificate, which began circulation in 1878.

A Brief History of the Silver Certificate

The Silver Certificate was created in response to silver agitation (demonetized silver) by American citizens upset with the Fourth Coinage Act of 1873, which aimed to end bimetal currency by implementing… Full article at the source>

Source: Liberty Coin and Currency Blog

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Milk Spots on Modern Silver Coins: How Big of an Issue?

February 15, 2017 in Coins, Collecting, Education, Grading, News, Numismatica, Numismatics, Opinion, Precious Metals, Silver, Silver Coins, US Mint, USA Coins, World Coins

By: Louis Golino News.CoinUpdate.com (Coin Update News)

For at least the past decade, articles have appeared periodically in the numismatic media about the issue of white-colored discoloration, known as milk spots, that appear on some modern silver coins. The issue has also figured prominently in the numismatic blogosphere, where it is a hot topic of discussion among collectors and silver stackers, who often express their anger, irritation, and frustration about seeing their coins develop these spots.

But considering how important the issue is in terms of its impact on the value of coins and the market for them, it is striking that milk spots have not received a… Full article at the source>

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

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Follow-up: The Volatile State of Online Estate Auctions

February 14, 2017 in Auctions, Coins, Coins for sale, Collecting, Education, Investing, News, Numismatica, Numismatics, Opinion, Rare Coins, USA Coins, World Coins

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

Earlier this year I wrote an investigative analysis titled “The Volatile State of Online Estate Auctions,” noting how tardy technological upgrades in addition to fees from auction portals and credit card companies—often combined with building rent and/or upkeep of onsite facilities—continued to push buyer premiums ever higher.

Shipping has always been an issue with auction houses. Some use third-party shippers. Some do not ship at all.. And a few charge high shipping fees..

These costs were passed to bidders, I noted. At first, auctioneers with onsite clientele did not charge local buyers any fees. Then many had to do so… Full article at the source>

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

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PNG Calls For 2017 Award Nominations

February 13, 2017 in ANA (American Numismatic Association), Awards, Collecting, Conventions, Events, History, Investing, New Releases, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild, Press Releases, USA Coins, World Coins

For immediate release
February 13, 2017

News media contact:
Robert Brueggeman (951) 587-8300

PNG Calls For 2017 Award Nominations

 

Professional Numismatists Guild logo

Professional Numismatists Guild logo

(Temecula, California) — Nominations now are being accepted for the 2017 Professional Numismatists Guild (www.PNGdealers.org) awards, according to PNG Executive Director Robert Brueggeman and President Dana Samuelson.

           “Each year the PNG publicly recognizes outstanding achievements in the hobby and the profession by honoring deserving recipients with awards in a half dozen categories.  We cordially welcome and strongly encourage nominations from all collectors and dealers,” said Brueggeman.

           “The award winners will be announced at the annual PNG Day banquet that will be held following the PNG/ANA Numismatic Trade Show in Denver Colorado on July 31, 2017.  That is the eve of the American Numismatic Association’s World’s Fair of Money® (www.worldsfairofmoney.org) convention in Denver,” explained Samuelson.

           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 with steadfast dedication to the entire numismatic community and 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 Chairs: Richard Weaver and Wayde Milas.  Emails: rweaver@dvrcc.com and wmilas@rarecoa.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: jfmtrading@yahoo.com.

           Significant Contribution Award: Given to those who have made exceptional, beneficial efforts over the years on behalf of PNG and the profession, and added to the hobby.  Committee Chair: James Sego.   Email: jsego@jmscoins.com.

           Lifetime Achievement Award: Presented to a numismatist for his/her extraordinary 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@stuppler.com.

           Sol Kaplan Award: To recognize efforts and contributions in combatting crimes against the numismatic community, this award is 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.  It 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: bob@ppius.com.

           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 16, 2017 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 PNG awards, contact Robert Brueggeman, PNG Executive Director, 28441 Rancho California Road, Suite 106, Temecula, CA 92590. Phone: (951) 587-8300. Email: info@PNGdealers.org. Online: www.PNGdealers.org.

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‘Coin Worthy of a King’ Graded by PCGS, Will Appear at Long Beach

February 9, 2017 in Antique Coins, Coin Grading, Coins, Collecting, Education, Entertainment, Gold, Gold Coins, Grading, History, Investing, News, Numismatica, Numismatics, Precious Metals, Rare Coins, USA Coins

February 9, 2017
Media contact: Steve Sloan, (949) 567-1223

‘Coin Worthy of a King’ Graded by PCGS,
Will Appear at Long Beach

 

PCGS 30th Anniversary logo

PCGS 30th Anniversary logo

(Newport Beach, California) – The finest known of only two 1861 Philadelphia Mint Paquet Reverse Double Eagles has been graded MS67 by PCGS. The rare coin, formerly owned by King Farouk of Egypt and known as the Norweb Specimen, is insured for $8,000,000 and will be publically displayed at the upcoming February 16-18 Long Beach Expo.  

“PCGS is honored to grade such a rare and important coin. Now that the Norweb Specimen has been graded PCGS MS67, both known 1861-P Paquet Reverse Eagles are graded by PCGS, the other being the PCGS MS61 Dallas Bank Specimen,” said PCGS President Don Willis.

Of all regular issue U.S. Double Eagles, the 1861-P Paquet Double Eagle is the rarest. For years, this coin was considered a pattern, until research concluded the coin was meant for circulation before the mintage was melted down after a defect in the dies was discovered. Somehow, two examples survived.

[Reverse in PCGS Holder]: The finest known 1861-P Paquet Reverse Double Eagle was recently graded MS67 by PCGS.

[Reverse in PCGS Holder]:
The finest known 1861-P Paquet Reverse Double Eagle was recently graded MS67 by PCGS.

“This Paquet Reverse is one of the great United States gold coin rarities and one of the best coins PCGS has ever graded,” stated PCGS founder, David Hall.

The pedigree of this virtually flawless 1861-P Paquet Double Eagle dates back to the Woodward Sale of March 1865, when the coin sold for $37, a remarkable price for the time considering the coin had been struck only four years prior.

The 1861-P Paquet Reverse was recently privately sold by Brian Hendelson, President of Classic Coin Co. of Bridgewater, New Jersey, for an undisclosed amount to Larry Lee, President of Coin and Bullion Reserves of Panama City, Florida.

“When a coin of such pedigree becomes available, you have to jump on the opportunity. It has been called virtually flawless; it has been called perfect, and it has been owned by leaders of the numismatic field throughout its fascinating history. I am thrilled to have this coin, now graded PCGS MS67, in my collection,” said Larry Lee.

PCGS CoinFacts (www.PCGScoinfacts.com) states that the 1861-P Paquet Reverse is slightly modified from the regular version. When engraver Anthony C. Paquet of the Philadelphia Mint began designing the reverse in 1859, he endowed slight yet notable differences. The coin’s lettering on Paquet’s version is tall and slender compared to the short, broad lettering of the traditional reverse. Also, the crown-like display of stars positioned above the eagle’s head is larger on Paquet’s coin, with the top stars prominently displayed beneath rays of sunlight. The same stars are partially buried on the regular reverse.

TrueView Image A high-resolution TrueView image of Larry Lee’s famed Paquet Reverse, graded PCGS MS67.

TrueView Image A high-resolution TrueView image of Larry Lee’s famed Paquet Reverse, graded PCGS MS67.

The rarity will make its first West Coast public appearance in the coming weeks, courtesy of Larry Lee, at the Long Beach Expo (www.LongBeachExpo.com).  Visitors to the show, held February 16-18, will have the opportunity to view the coin in person at the PCGS booth.  Free passes to the coin show are available using the promo code EXPOPR.  

For information about PCGS services, including the current February 2017 Crossover Special, visit www.PCGS.com or call PCGS Customer Service at (800) 447-8848.

 

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Learn to be a Professional Numismatist With PNG’s Education and Internship Program

February 8, 2017 in Coins, Collecting, Education, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild, USA Coins, World Coins, Young Collectors

News media contact:
Robert Brueggeman, 951-587-8300

Learn to be a Professional Numismatist
With PNG’s Education and Internship Program

 

Professional Numismatists Guild logo

Professional Numismatists Guild logo

(Temecula, California, February 8, 2017) – If you’ve thought about turning your hobby into a full-time career, the Professional Numismatists Guild (www.PNGdealers.org) can help.  PNG is accepting applications for its next group of young men and women who want to participate in the Promoting Numismatic Growth Internship Program (http://pngdealers.org/education/png-internship-program).

Since its launch in 2014, the PNG’s internship project has mentored17 prospective professional coin and bank note dealers, providing them with educational courses and hands-on experience working at prominent, PNG member-dealer companies.  

“Even if you don’t want a paid internship, PNG offers its extensive online education courses to anyone interested in learning about numismatics,” explained PNG Executive Director Robert Brueggeman.

“The PNG internship program is intended to help nurture the next generation of young men and women, ages 21 to 32, to become successful professional numismatists. The program includes online instruction about coins, bank notes and the numismatic market followed by a paid internship at a major numismatic company,” said PNG President Dana Samuelson.

Internship candidates who successfully complete a background security check and the education components of the program will have an opportunity for a three to six months paid internship.

“The PNG also continues to offer its extensive online, multi-media internship education and training curriculum from the Edward C. Milas School of Numismatics to anyone who wants to take the classes, not just internship candidates,” said Brueggeman.  “There are two levels of online classes developed in conjunction with the University of Rare Coins designed to give students basic and advanced numismatic knowledge.”

The fee for applying for the internship program is $250 to cover the cost of a security background check and the Level 100 online classes.  The cost for Level 200 intern candidates is an additional $250.  Those who want only the online classes can enroll for a total fee of $300 that includes Levels 100 and 200.

Certificates of Completion will be provided to everyone who successfully passes both levels.

Specific information about the internship program and education courses is available at www.PNGdeales.org under the “Education” navigation link near the top of PNG’s home page.  For additional information, contact the PNG by phone at 951-587-8300 or by email at internship@PNGdealers.org.

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United States Mint awarded two top honors for Coin of the Year

February 8, 2017 in Awards, Blogs, Coins, Collecting, Commemorative, Competition, Conventions, Events, History, News, Numismatica, Numismatics, Prize Winners, US Mint, USA Coins

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

2015-United-States-COTY-Award-winning-coins

(Washington)—The United States recently earned top honors in two coin-design categories at the World Money Fair in Berlin, Germany. United States Mint officials accepted two Coin of the Year (COTY) Awards on behalf of the nation. The U.S. won in the category of Best Circulating Coin for its America the Beautiful Program quarter honoring Kisatchie National Forest, and in the category of Most Inspirational Coin for its March of Dimes silver dollar commemorative coin.

“The designers, sculptors, and engravers of the Mint comprise the very best talent in the numismatic industry,” said David Motl, acting principal deputy director of the Mint… Full article at the source>

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

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An Intervention Letter to the ANA

February 6, 2017 in ANA (American Numismatic Association), Collecting, Education, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Opinion, USA Coins, World Coins

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

The following editorial is a cross-post from The Coin Blog, written by Coin Update contributor Kendall Bailey.


Dear ANA,

I meant that, what I just wrote above, calling you dear. You are dear to a great many collectors, myself included. For 125 years you have been the go to resource for numismatic information and education, not that I need to tell you. Lately though, there is a lot of talk about declining membership and your relevance in general. That’s why I am writing this letter; I don’t want to see you disappear. You are capable of so much and… Full article at the source>

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

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Ups and Downs of Online Auctioneering: An Interview with Sheena Wallace

February 1, 2017 in Auctions, Coins, Coins for sale, Collecting, E-commerce, Education, Investing, News, Numismatica, Numismatics, Opinion, Photography, USA Coins, World Coins

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

 Online coin auctions are challenging for buyer, seller, and auctioneer, says Sheena Wallace, who helps run Auctions by Wallace, an onsite and online auction that typically showcases coins each week.

On her website, she notes that her company has “a proven track record when it comes to selling coins.” She emphasizes that her coin auctions are competitive because of the combined online and onsite crowds. She also has taken pains to provide hobbyists with expert photography.

I’ve consigned coins with Auctions by Wallace because the bidders tend to know numismatics. So rare lots tend to go at higher rates than… Full article at the source>

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

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