You are browsing the archive for 2017 October.

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Congressmen press the U.S Mint for action on counterfeit gold and silver coins

October 31, 2017 in Coins, Counterfeit, Education, Fake Coins, Gold Eagles, History, News, Numismatica, Numismatics, Opinion, Precious Metals, Silver, Silver Coins, US Government, US Mint, USA Coins

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

Washington, DC (October 29, 2017) — Congressmen Alex Mooney (R-WV) and Frank Lucas (R-OK) delivered a formal letter to the United States Mint and the Secret Service on Friday, urging aggressive action on the growing problem of high-quality counterfeits of U.S. precious-metals coins entering the country from China and elsewhere.

“Enclosed herewith is a 1995 1-ounce gold American eagle coin, carrying a face value $50 and ostensibly minted by the U.S. Mint,” Mooney and Lucas wrote. “You are free to keep it, as it’s a worthless tungsten fake.”

As members of the House Financial Services subcommittee, which oversees the U.S. Mint, Congressmen… Full article at the source>

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

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Design of Bob Dole Congressional Gold Medal approved at last Wednesday’s CCAC meeting

October 31, 2017 in Education, Gold, History, Medals, News, Numismatica, Numismatics, Precious Metals, US Government

By: Brandon Christopher Hall  News.CoinUpdate.com (Coin Update News)

Last Wednesday, October 25, 2017, the CCAC held a meeting to discuss the design of the upcoming Congressional Gold Medal to honor Bob Dole. Bob Dole is a lawyer, former congressman of Kansas, former Republican Leader of the United States Senate, and 1996 presidential candidate who is renowned for his valiant service in World War II. In 1942, he entered the United States Army’s Enlisted Reserve Corps, rising to second lieutenant in the 10th Mountain Division. In April 1945, while fighting southwest of Bologna, Italy, in the Apennine Mountains, Dole was grievously injured in the upper right shoulder by German… Full article at the source>

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

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Scary collectible for Halloween

October 31, 2017 in Blogs, Canadian Coins, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Education, History, Investing, New Releases, Numismatica, Numismatics, Precious Metals, Proof Coins, Silver, Silver Coins, World Coins

By: Scott Barman Coin Collectors Blog (CoinsBlog.ws)

The Royal Canadian Mint has created two unique coins they call “Nocturnal by Nature” that would fit the theme of Halloween. What makes them interesting is that the fields and some of the devices are plated with black rhodium to create a darkened look. The first coin’s reverse, which is sold out, features a barn […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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The Under-Appreciated Platinum Eagle Proofs

October 31, 2017 in Blogs, Coins, Collecting, Collector Sets, Design, Education, History, Investing, News, Numismatica, Numismatics, Platinum, Platinum Coins, Precious Metals, Proof Coins, US Mint, USA Coins

By: Scott Barman Coin Collectors Blog (CoinsBlog.ws)

Over a week ago, the U.S. Mint announced that they will begin a three-year series of the American Platinum Eagles proof coins featuring designs inspired by the Declaration of Independence. After looking at the designs and the designs of past platinum proof coins, they may be one of the most under-appreciated series of coins produced […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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Weekly Numismatic World News for October 29, 2017

October 30, 2017 in Blogs, Coins, Collecting, Education, History, Investing, News, Numismatica, Numismatics, Opinion, USA Coins, World Coins

By: Scott Barman Coin Collectors Blog (CoinsBlog.ws)

Twelve years ago, when I went looking for numismatic information online, there were a few resources. The major numismatic publications had not fully embraced the online world and writing about numismatics strictly from the collector’s point of view was non-existent. I took a chance and started writing my own blog. On October 29, 2005, I […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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Numismatics: The road ahead

October 28, 2017 in Coins, Collecting, Education, Events, History, News, Numismatic Societies and Clubs, Numismatica, Numismatics, US Government, US Mint, USA Coins

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

On October 16-17, the U.S. Mint held its second annual numismatic forum at its headquarters in Washington, DC, bringing together representatives of the Mint, the coin industry, the numismatic media, members of the Citizens Coinage Advisory Committee, and other stakeholders in the numismatic community. This year’s theme was “Numismatics: The Road Ahead.”

Like last year’s meeting, the latest forum was designed to foster greater dialogue among the various stakeholders; discuss implementation of ideas discussed at the 2016 forum; provide information about forthcoming products and improvements and innovations in how the Mint does business; and elicit suggestions from participants about how… Full article at the source>

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

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Time for the olde guard to wake up to new technology

October 28, 2017 in Blogs, Coin Grading, Coins, Collecting, Education, Grading, History, Numismatica, Numismatics, Opinion, Technology

By: Scott Barman Coin Collectors Blog (CoinsBlog.ws)

I have a tremendous amount of respect for the people who have been in the numismatic industry and has been responsible for keeping alive and solid over the last number of years. Their knowledge of the art and business of numismatics are invaluable. I wish some would write more about what they know. However, the […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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LeRoy Transfield discusses designing WWI Commemorative

October 20, 2017 in Blogs, Coins, Collecting, Commemorative, Design, Education, History, Numismatica, Numismatics, Opinion, US Mint, USA Coins

By: Scott Barman Coin Collectors Blog (CoinsBlog.ws)

NOTE: I reached out to LeRoy Transfield, the design winner of the design competition for the World War I Centennial Commemorative dollar coin to ask about his experience with the design and competition. He sent me a copy of his story with permission to publish it here. The following is what he sent. I had […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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Diehl & Moy endorse change

October 18, 2017 in Blogs, Cents, Coins, Collecting, Dollar Coins, Education, History, News, Numismatica, Numismatics, Opinion, US Government, US Mint, USA Coins

By: Scott Barman Coin Collectors Blog (CoinsBlog.ws)

Could the recent cyber attacks and growing severity of cybersecurity issues become the motivation for Congress to vote to reform United States currency? According to Philip Diehl and Edmund Moy, former Directors of the U.S. Mint, the discussion as to remove the cent and paper dollar from circulation should be part of the current budget […]Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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Weekly Numismatic World News for October 15, 2017

October 15, 2017 in Blogs, Coins, Collecting, Investing, News, Numismatica, Numismatics, Opinion, USA Coins, World Coins

By: Scott Barman Coin Collectors Blog (CoinsBlog.ws)

  As you read this, the old round £1 coins have ceased to be legal tender in the United Kingdom. British news outlets are reporting that millions of the old round pounds are still in circulation but that might not be bad news for many Britons. There are reports that many coin-operated systems have not been […]Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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Falkland Islands: Centenary of the House of Windsor celebrated with new crown coin set

October 12, 2017 in British Coins, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Education, History, Investing, News, Numismatica, Numismatics, Precious Metals, Proof Coins, Silver, Silver Coins, Uncirculated Coins, World Coins

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

The government and treasury of the Falkland Islands have issued (9th October) a new set of crown coins which mark the centenary anniversary of the establishment of the British Royal House. The Royal House came about due to the circumstances just after the fighting for the Great War began (1914–1918).

The long-established and historic dynasty of Saxe Coburg and Gotha had succeeded to the British throne upon the accession of HM King Edward VII, son of Prince Albert, the prince consort of HM Queen Victoria, whom she had married in 1840. Queen Victoria was the last of the Hanoverians to sit… Full article at the source>

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

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United States Mint announces designs for World War I Centennial Silver Medals

October 12, 2017 in Collecting, Commemorative, Dollar Coins, History, Investing, Medals, News, Numismatica, Numismatics, Precious Metals, Press Releases, Silver, Silver Dollars, US Mint, USA Coins

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

World War I Centennial Army Medal – West Point Mint

World War I Centennial Army Medal – West Point Mint

WASHINGTON – The United States Mint today revealed the obverse (heads) and reverse (tails) designs for five silver medals that will be issued in conjunction with the 2018 World War I Centennial Silver Dollar. Each medal, composed of 90 percent silver, pays homage to branches of the U.S. Armed Forces that were active in World War I. Design descriptions and the respective minting facilities are below. The Army medal design depicts a soldier cutting through German barbed wire, while a second soldier aims a rifle amid a shattered landscape of broken trees… Full article at the source>

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

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Weekly Numismatic World News for October 8, 2017

October 10, 2017 in Blogs, Coins, Collecting, Education, Investing, News, Numismatica, Numismatics, Opinion, Rare Coins, USA Coins, World Coins

By: Scott Barman Coin Collectors Blog (CoinsBlog.ws)

Earlier this week, the White House announced the nomination of David J. Ryder to be next Director of the U.S. Mint. If the name sounds familiar it is because Ryder served as the 34th Mint Director from September 1992 through November 1993 after being nominated by President George H.W. Bush. Ryder’s biography in the President’s […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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Whitman Publishing releases new Q. David Bowers book on the secrets of smart coin-buying

October 8, 2017 in Books, Coins, Collecting, Education, Entertainment, Investing, News, Numismatica, Numismatics, Rare Coins, USA Coins, World Coins

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

(Pelham, Alabama) — Whitman Publishing announces the release of the newest book by Q. David Bowers. Inside the Rare Coin Marketplace: Secrets to Being a Smart Buyer debuted October 1, 2017. The 320-page full-color volume is available online (including at the website of Whitman Publishing) and in bookstores and hobby shops nationwide for $14.95.

Inside the Rare Coin Marketplace shares Bowers’s more than 60 years of experience as a coin collector, professional dealer, award-winning author and researcher, and past president of the American Numismatic Association. He tells how to build a meaningful and significant coin collection on any budget, for… Full article at the source>

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

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Former Mint Director David J. Ryder nominated to return to the post

October 6, 2017 in Collecting, News, Numismatica, Numismatics, US Government, US Mint

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

The White House announced nominations today to fill a number of vacant government positions, including that of director of the U.S. Mint. For that role, it has nominated David J. Ryder. The Mint, which has been without a formal director since the departure of Edmund Moy in 2011, is currently under the authority of Acting Principal Deputy Director David Motl.

The 38th Mint director served from 2006 until the start of 2011, during which time he saw the institution through the crisis of the collapse of the housing market and the worldwide Great Recession. A few days after his January Full article at the source>

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

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1943-D Bronze Cent makes a TV appearance, sort of

October 6, 2017 in Antique Coins, Auctions, Blogs, Bronze, Bronze Coins, Coins, Collecting, Education, Entertainment, Fun, History, Investing, Numismatica, Numismatics, Opinion, Pennies, Rare Coins, USA Coins

By: Scott Barman Coin Collectors Blog (CoinsBlog.ws)

Fans of the NBC show The Blacklist that watched on Wednesday, October 4, would have noticed there was a numismatic role added to the script. Raymond Reddington, played by James Spader, was trying to gain the attention of a high-rolling thief and found himself at a numismatic auction. The item up for bid was the […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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September 2017 Numismatic Legislation Review

October 2, 2017 in Blogs, Coins, Collecting, Education, Investing, Legal, Legislation, News, Numismatica, Numismatics, US Government, US Mint, USA Coins

By: Scott Barman Coin Collectors Blog (CoinsBlog.ws)

Trying to follow the inner workings of politics is more frustrating than what you see on television news. Part of following the inner workings of Congress is to try to figure out what Congress will do next is not only understanding where legislation is in the process, what Congress calls “regular order,” but it also […]Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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Weekly Numismatic World News for October 1, 2017

October 2, 2017 in Blogs, Bullion, Coins, Coins for sale, Collecting, Education, Fun, History, Investing, News, Numismatica, Numismatics, Opinion, Palladium, Palladium Coins, Paper Money, Precious Metals, US Mint, USA Coins, World Coins

By: Scott Barman Coin Collectors Blog (CoinsBlog.ws)

Although the U.S. Mint has started shipping American Palladium Eagles, few have been available on the daily market. Most bullion dealers are offering these coins as a pre-sale with the expectation of receiving their coins on or about October 10 for shipment shortly thereafter. Pre-sale prices are averaging $85-200 over the spot price, which is […]Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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