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Weekly Numismatic World News for August 20, 2017

August 21, 2017 in Blogs, Bullion, Coins, Collecting, Education, Gold, Gold Bullion, Gold Coins, History, Investing, Money, News, Numismatica, Numismatics, Opinion, Precious Metals, Silver, Silver Coins, USA Coins, World Coins

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

In my nearly 12 years of writing this blog and occasionally delving into the reasons for the fluctuating prices of precious metals and their impact on the numismatic market, there have been some fundamentals that have driven that market. As I was reminded in one of the articles in today’s list, “Is Now The Time […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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A sign of the times?

August 20, 2017 in Ancient Coins, Antique Coins, Archaeology, Blogs, Coin Dealers, Collecting, Education, Foreign Policy, History, Investing, Legal, Legislation, Numismatica, Numismatics, Opinion, Rare Coins, World Coins

By: Wayne G. Sayles Ancient Coin Collecting (Wayne G. Sayles)

Over the past decade, collectors of ancient coins have been faced with constant pressure from left wing radicals of academia—particularly the archaeological community leadership and their sycophants. Among the ardent supporters of anti-collector groups are a small but well entrenched cadre of bureaucrats in Washington. The level of governmental infiltration by these cultural property nationalists—bent on eliminating or controlling international trade in cultural property—is in itself cause for some concern. History is replete with examples of ideology supplanting law and individual rights in a quest for social management. It has been the cause of more than… Full article at the source>

Source: Ancient Coin Collecting (Wayne G. Sayles)

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Unlucky at the ATM

August 20, 2017 in Bank Notes, Blogs, Collecting, Education, Entertainment, Numismatica, Numismatics, Opinion, Paper Money, U.S. Notes, US Federal Reserve

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

You need a quick amount of cash. After all, not every transaction can be made with a credit card. You hop in the car and drive to the bank to use the ATM. Within seconds, the machine spits out money and you drive away. Early the next morning you look at the bills and notice […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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Learning from History using Numismatics

August 18, 2017 in Blogs, Coins, Collecting, Commemorative, Education, Events, History, Numismatica, Numismatics, Opinion, US Government, US Mint, USA Coins

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

One of the most popular aphorisms was written by philosopher and essayist George Santayana: “Those who cannot remember the past are condemned to repeat it.” Although it was one line in Volume 1 of his five volume The Life of Reason, the statement is so profound that it stands out as a seminal statement. Events this past week in Charlottesville, Virginia are forcing us to heed Santayana’s warning and look at our history to understand how we got here and why. Regardless of how anyone feels about the issues behind the divisions we cannot condone the use of violence to try to force opinions on others. This is what was tried in the past, which is why we have to learn from it because it seems to repeat itself time and again.[…]

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Source: Coin Collectors Blog (CoinsBlog.ws)

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Adding Collecting Guides

August 16, 2017 in Blogs, Coins, Collecting, Education, Entertainment, Fun, Numismatica, Numismatics, Opinion, Rare Coins, USA Coins, World Coins

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

Over the last few weeks, I have been working on a few writing projects that include primers about collecting numismatics. While some of these articles have allowed me to repurpose blog posts, I have had to create some content not posted before. In the past, I posted a few including the series on small dollars […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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Final design choices for the 2018 America the Beautiful quarters

August 14, 2017 in Blogs, Coin Shows, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Education, History, News, Numismatica, Numismatics, Quarters, US Mint, USA Coins

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

(Coin-design images courtesy of the U.S. Mint)

(Coin-design images courtesy of the U.S. Mint)

The following is a re-post from Mint News Blog’s sister site, Coin Update.

 

The U.S. Mint unveiled the reverse designs for the 2018 America the Beautiful quarters on August 1 at the American Numismatics Association’s World’s Fair of Money in Denver.

The national sites to be recognized in 2018 are Pictured Rocks National Lakeshore in Michigan, Apostle Islands National Lakeshore in Wisconsin, Voyageurs National Park in Minnesota, Cumberland Island National Seashore in Georgia, and Block Island National Wildlife Refuge in Rhode Island. Each quarter reverse in the series depicts a scenic representation of the park…  Full article at the source>

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

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Weekly Numismatic World News for August 13, 2017

August 14, 2017 in Blogs, Coins, Collecting, Counterfeit, Education, Euro Coins, History, Investing, News, Numismatica, Numismatics, Opinion, Reference, USA Coins, World Coins

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

The reasons why counterfeiters are successful is that people do not pay attention. Even when people do allegedly pay attention, it is almost as if the brain is not engaging. A report from the U.K. says that people returning from mainland Europe are trying to pass euros because they look like the new £1 coin. […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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Lack of leadership at the U.S. Mint

August 13, 2017 in Blogs, Coins, Collecting, History, Numismatica, Numismatics, Opinion, Politics, US Government, US Mint, USA Coins

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

Following the sell out of the 225th Anniversary Enhanced Uncirculated Coin Set, a few readers asked if I was going to post a comment. I declined to let the rest of the industry have this discussion. I would rather have a discussion about a different issue related to the U.S. Mint: the lack of leadership. […]

Source: Coin Collectors Blog (CoinsBlog.ws)

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Sirius Collecting

August 11, 2017 in Australian Coins, Blogs, Coins, Collecting, Collector Sets, Commemorative, Education, Entertainment, History, Numismatica, Numismatics, Opinion, Precious Metals, Silver, Silver Coins, World Coins

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

Ancient Romans used to measure time by the position of the stars. One of the stars they observed was Sirius because it was the brightest star in the sky. During their observations, they found that starting about 20 days prior to its apex and 20 days that follow, the temperatures would be its hottest. This […] Full article at the source>

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France: New “Masterpieces” coin series pays tribute to the masterworks of French museums

August 11, 2017 in Art, Blogs, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Education, Euro Coins, France Coins, Gold, Gold Coins, History, Investing, Monnaie de Paris, Museums, New Releases, News, Numismatica, Numismatics, Precious Metals, Proof Coins, Silver, Silver Coins, World Coins

By: Michael Alexander  world.mintnewsblog.com (News and Commentary on World Coins)

The Monnaie de Paris have unveiled a new coin series which will focus primarily on some of the most memorable art treasures and masterpieces housed in many of France’s landmark museums and historical monuments. The three-year “Masterpieces of the Museums” series commemorates major artistic eras such as the Renaissance, the Baroque period, and Impressionism, and aims to honour two major masterpieces each year. In 2017, the series commences with a sculpture and a painting: The Venus de Milo (Vénus de Milo in French; from the Louvre Museum) and the Déjeuner sur l’herbe (from the Orsay Museum). Each design is minted… Full article at the source>

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

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NGC Adds to its Numismento Line

August 10, 2017 in Blogs, Coin Grading, Coins, Collecting, Education, Grading, History, Numismatica, Numismatics, Opinion, US Mint, USA Coins

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

Going through my email, I found a note from Numismatic Guarantee Corporation announcing a new label for the 10-coin 225th Anniversary Enhanced Uncirculated Coin Set. The label has the image of “Ye Olde Mint,” the mid-19th century picture of the original U.S. Mint building in Philadelphia. Funny thing is that the outrage of putting a […]

Source: Coin Collectors Blog (CoinsBlog.ws)

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VIDEO: Coin Bridge

August 9, 2017 in Blogs, Coins, Entertainment, Fun, Numismatica, Numismatics, Opinion, World Coins

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

Time for some mindless levity. While looking for numismatic-related stories around the interwebs, I came across this video. With 200 coins that appears to be the size of a quarter, the presenter builds a bridge of coins that loops off the edge of the table. It’s Tuesday and there is a long week ahead!… Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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POLL: Are you interested in the remaining U.S. Mint special collectibles?

August 8, 2017 in Blogs, Coins, Collecting, Numismatica, Numismatics, Opinion, Reference, US Mint, USA Coins

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

Not including the regular issues that will be sold by the U.S. Mint, the items left on their schedule is the American Liberty Four Silver Medal Set and the American Palladium Eagle. I previously discussed the Palladium Eagle. The American Liberty Four Silver Medal Set are four silver medals featuring the gold 225th Anniversary American […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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Why isn’t the World’s Fair of Money being live streamed?

August 3, 2017 in ANA (American Numismatic Association), Blogs, Coin Shows, Coins, Collecting, Conventions, Education, Entertainment, Events, Numismatic Societies and Clubs, Numismatica, Numismatics, Online Tools, Opinion, USA Coins, World Coins

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

Since the World’s Fair of Money has opened let me get into my annual rant: Why isn’t the show broadcast for those of us who cannot attend? Once again, work obligations have prevented me from traveling to attend the World’s Fair of Money. Unfortunately, it has been a few years since I was able to […]

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Source: Coin Collectors Blog (CoinsBlog.ws)

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Unintended Consequences

July 31, 2017 in Ancient Coins, Antique Coins, Art, Blogs, Coins, Collecting, Education, History, Investing, Numismatica, Numismatics, Opinion, Rare Coins, World Coins

By: Wayne G. Sayles Ancient Coin Collecting (Wayne G. Sayles)

Three years ago, coin collector and hobby advocate Scott Barman posted on his blog an insightful article about the nature of what others have described as ideologically inspired bureaucratic overreach. He named the post “An Ancient Dilemma” and discussed the issue of unintended consequences in an era of “hyper-partisanship”. Where other members of the coin hobby and trade—including myself on some occasions—have become understandably emotional on this topic, Mr. Barman exhibits a remarkable degree of restraint and appeals both to law and common sense. In the past several years, he has also written other pieces… Full article at the source>

Source: Ancient Coin Collecting (Wayne G. Sayles)

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PMANA requests House Committee on Ways and Means to bring fairness to the taxation of precious-metal coins and bullion

July 28, 2017 in Blogs, Bullion, Coins, Education, Gold, Gold Bullion, Gold Coins, History, Investing, Legislation, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Politics, Precious Metals, Press Releases, Silver, Silver Coins, US Government, US Mint, USA Coins

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

The following press release is courtesy of the Precious Metals Association of North America (PMANA).


(Washington, D.C.)—Discussions surrounding tax reform have heightened in recent weeks, and the Precious Metals Association of North America (PMANA) has offered testimony before the House Committee on Ways and Means asking for a change in the Internal Revenue Code that would bring fairness to precious-metals bullion and coin investors, while also creating smart investment opportunities for Americans.

Since 1982, gains made on precious-metals bullion have been taxed at the ordinary income rate due to language defining such bullion as a “collectible.” Congress has made numerous attempts to… Full article at the source>

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

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Tuvalu and the Perth Mint celebrate the 2017 Diwali festival with colorful silver coin

July 21, 2017 in Blogs, Coins, Coins for sale, Collecting, Commemorative, Education, Entertainment, History, New Releases, News, Numismatica, Numismatics, Perth Mint, Precious Metals, Silver, Silver Coins, World Coins

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

Photo by rubengarciajrphotography

Background Photo by rubengarciajrphotography

The Perth Mint, in conjunction with the island of Tuvalu, has released a 1-ounce silver coin honoring the Hindu “festival of light” called Diwali. Celebrated by Hindus, Jains, and Sikhs not just in India but around the world, Diwali is a five-day festival in honor of Lakshmi, the Hindu goddess of love and good fortune. Her symbol is gold, so, naturally, gold is the focus of the joyous gift-giving that takes place over the course of the festival.

To celebrate Diwali, Tuvalu and the Perth Mint have once again joined efforts, this time producing a 1-ounce, .9999 fine… Full article at the source>

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

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Dismantling a Roosevelt dime collection

July 18, 2017 in Auctions, Blogs, Coins, Collecting, Collector Sets, Education, Fun, Grading, News, Numismatica, Numismatics, Opinion, USA Coins

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

Last year I won a stunning set of Jefferson nickels and wrote about it for Coin Update, explaining the process to dismantle a set (i.e., removing high-end coins for holdering). The process involves identifying toned coins, which command a premium, then checking for rare varieties or mint errors, and finally, selecting coins based on eye appeal and strike.

With regard to Jefferson nickels, premiums for strike occur with full steps (at least 5) on the reverse Monticello.

This month I won a premium set of Roosevelt dimes (circulation strikes) with a bid of $110 ($128.70 realized price) in an online Proxibid… Full article at the source>

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

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Mexico: 35 is the new 25

July 13, 2017 in Blogs, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Education, History, Investing, Mexico Coins, New Releases, News, Numismatica, Numismatics, Offers, Precious Metals, Proof Coins, Silver, Silver Coins, World Coins

By: Gabriel Leif Bellman world.mintnewsblog.com (News and Commentary on World Coins)

Libertad collecting is a joyous hobby that rests somewhere between the adrenal-stimulating activity of cliff diving and the patient detail-sifting of prospecting sand. This year’s surprise offering from Mexico’s mint is a first. Like the Reverse Proof set of two years ago, it has a precedent: the collecting of bullion silver bars. It also pays homage to the Libertad’s roots as a bullion coin. This silver Proof set is issued in honor of the 35th year of the Libertad’s being offered by the mint as a bullion coin (and silver Proof, gold bullion, gold Proof, and even a rare platinum… Full article at the source>

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

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A lesson in how not to compare grading services

July 9, 2017 in ANACS, Auctions, Blogs, Coin Errors, Coin Grading, Coins, Collecting, Education, Grading, Investing, Numismatica, Numismatics, Opinion, PCGS (Professional Coin Grading Service), Rare Coins, USA Coins, World Coins

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

Every so often I will read something and even though I agree with the premise and possibly the hypothesis, I disagree with the method. This is what happened when I read “How do late ANACS slabs stack up with modern PCGS?” This article by Michael Bugeja at Coin Update is not the first of its […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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America’s Native American dollar reaches for the stars in 2019

June 30, 2017 in Blogs, Coins, Collecting, Commemorative, Events, History, News, Numismatica, Numismatics, US Mint

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

On June 21, 2017, a quorum of the Citizens Coinage Advisory Committee met at United States Mint headquarters on 9th Street in Washington, D.C. We had a full day of meetings that started at 8:00 a.m. and wrapped up at 4:45 p.m., with a break for lunch on premises.

Among our agenda items was reviewing and discussing designs for the upcoming 2019 and 2020 Native American dollars. This coinage series was launched in 2009 to memorialize American Indians and, in the words of its authorizing legislation, “the important contributions made by Indian tribes and individual Native Americans in the development…Full article at the source>

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

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Texas: Home of the first state-run bullion depository in the U.S.

June 20, 2017 in Blogs, Bullion, Gold, Gold Bullion, History, Investing, News, Numismatica, Numismatics, Precious Metals, US Government

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

The Texas state capitol building, Austin. (Photo by Ed Uthman)

The Texas state capitol building, Austin. (Photo by Ed Uthman)

Lone Star Tangible Assets (LSTA), an Austin-based firm, has signed a five-year contract with the government of Texas to manage the state’s bullion depository, which will be under the authority of the state comptroller general (currently Glenn Hegar).

Prior to the law authorizing the Texas Bullion Depository, such facilities were privately owned, with the exception of the massive depositories of the federal government. They tend to be clustered near the New York financial hub, in part because of COMEX requirements that its member depositories be located within 150 miles of New… Full article at the source>

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

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United Kingdom: Mr. Jeremy Fisher, second 2017 Beatrix Potter coin, now available

June 13, 2017 in Blogs, British Coins, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Entertainment, History, New Releases, News, Numismatica, Numismatics, Offers, Precious Metals, Press Releases, Proof Coins, Royal British Mint, Silver, Silver Coins, UK Coins, World Coins

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

The second release in the Beatrix Potter 2017 Collection features Mr. Jeremy Fisher—the first time the character has appeared on an official U.K. coin. The Tale of Mr. Jeremy Fisher, the eighth of Potter’s little tales, follows the frog in his waterproof mackintosh and galoshes through a day of fishing adventures.

Once upon a time there was a frog called Mr. Jeremy Fisher; he lived in a little damp house amongst the buttercups at the edge of a pond.The water was all slippy-sloppy in the larder and in the back passage.But Mr. Jeremy liked getting his feet wet; nobody ever scolded… Full article at the source>

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

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“Decay” inaugurates new high-relief silver series, “Gargoyles & Grotesques”

June 2, 2017 in African Coins, Blogs, Coins, Coins for sale, Collecting, Commemorative, Education, History, Investing, New Releases, News, Numismatica, Numismatics, Precious Metals, Proof Coins, Silver, Silver Coins, World Coins

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

Proof finish. (Background photo of Washington National Cathedral by Carol M. Highsmith)

Ibex Coins, on behalf of the Republic of Chad, has released the first of an intriguing new series of high-relief silver coins called “Gargoyles and Grotesques.” The subjects, as the name suggests, are those strange and fantastical creatures that have decorated buildings since ancient times, peering from the peaks of gothic windows, crouching on rooftops, and scaring away evil spirits. A specific type of grotesque, the gargoyle, has an architectural purpose: it serves as a downspout, directing rainwater away from the sides of a building. The new series takes… Full article at the source>

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

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2017 American Eagle 1-oz. gold Uncirculated coin goes on sale today

June 1, 2017 in Blogs, Coins, Coins for sale, Collecting, Gold, Gold Coins, Gold Eagles, Investing, New Releases, News, Numismatica, Numismatics, Precious Metals, US Mint, USA Coins

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

(Photos courtesy of APMEX)

(Photo courtesy of APMEX)

Today (June 1) is the release date for the Mint’s annual American Eagle 1-ounce gold Uncirculated coin (17EH), which will be available from noon Eastern time. The Uncirculated and Proof AGEs are collector versions of the official U.S. Mint American Eagle gold bullion coins, differing with respect to finish and mintmark (which the bullion strike lacks). Each 22-karat (0.9127 fine) gold Uncirculated coin, denominated $50, is enclosed in a clear capsule housed in a blue, Mint-branded box, and comes with a certificate of authenticity.

(Individual, high-res photos courtesy of the U.S. Mint)

Each coin measures 1.287 inches in… Full article at the source>

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

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