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October 2017 Numismatic Legislation Review

November 1, 2017 in Blogs, Coins, Collecting, Education, History, Legal, Legislation, News, Numismatica, Numismatics, Opinion, Politics, US Government, USA Coins

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

It seems that when I write these posts about the monthly numismatic-related legislation reviews, I note how frustrating it is to follow the workings of Congress. Even though I work as a part-time political analyst and have some contacts I can leverage, even the insiders cannot explain why things happen. Let’s look at recent legislation. […] 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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Liar, Liar, Pants on Fire…

September 2, 2017 in Ancient Coins, Archaeology, Art, Blogs, Coins, Collecting, Education, History, Investing, Legal, Legislation, Numismatica, Numismatics, Opinion, Politics, Rare Coins, World Coins

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

The Committee for Cultural Policy has pointed out on several past occasions that exaggerated media reports, of Islamic State (ISIS) income from the sale of looted antiquities to art and coin collecting communities, are and have from the start been unfounded. The persistence of outright lies has cast a cloud over the credibility of several major media outlets and their academic “experts” who fed the flame for what is obviously an ideological anti-trade agenda. In their August 2017 newsletter, the CCP presents a report on the findings of a Dutch National Police investigation that flatly debunks… Full article at the source>

Source: Ancient Coin Collecting (Wayne G. Sayles)

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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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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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John F. Kennedy commemorative coin bills introduced

July 28, 2017 in Coins, Collecting, Commemorative, Education, History, Legislation, News, Numismatica, Numismatics, US Government, US Mint, USA Coins

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

On July 17, companion bills were introduced in the House and Senate authorizing production of commemorative coins to honor the birth centennial of President John F. Kennedy. Since last year (and even earlier), collectors have been watching for a blip on the legislative radar that would signal plans for a Kennedy commemorative; as each month passed with nothing to authorize such a program, they became increasingly vocal in their disapproval. Once Kennedy’s 100th birthday (May 29) was in the rearview mirror, most of the complaints gave way to an unhappy sense of resignation.

The oversight has been all the more glaring… Full article at the source>

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

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North Carolina joins 35 other states with sales-tax exemptions

July 26, 2017 in Coins, Collecting, E-commerce, Education, History, Investing, Legal, Legislation, News, Numismatica, Numismatics, Rare Coins, US Government

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

On Tuesday, July 25, 2017, North Carolina governor Roy Cooper signed into law House Bill 434: Coins/Currency/Bullion Sales Tax Exemption. The law is a complete sales-and-use tax exemption on coins, currency, and precious-metals bullion sales.

“The bill’s author, Representative Dana Bumgardner, coauthors Representative Jeff Collins, Representative Mark Brody, and Representative Mike Clampitt, along with its Senate sponsor, Senator Bill Rabon, championed the bill through the legislature,” said Mitch Hyatt (Hyatt Coin Shop, Charlotte, North Carolina). “North Carolina coin businesses and collectors owe them a debt of gratitude.”

In the fall of 2016, Hyatt started collaborating with the Industry Council for Tangible Assets… Full article at the source>

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

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World War I Commemorative Coin: A Tribute to the Bravery, Actions and Sacrifices of Americans

June 30, 2017 in Coins, Commemorative, Education, History, Legislation, New Releases, News, Numismatica, Numismatics, Press Releases, US Government, US Mint, USA Coins

By: Sharon McPike United States Mint Press Releases/Public Statements

Congress authorized and the President signed into law the World War I American Veterans Centennial Commemorative Coin Act (Public Law 113-212) to “commemorate the centennial of America’s involvement in World War I and honor the over 4 million men and… Full article at the source>

Source: United States Mint Press Releases/Public Statements

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“Cents and Sensibility” Act reintroduced, aims to convert U.S. coinage entirely to steel composition

April 25, 2017 in Blogs, Circulating Coins, Coins, Legal, Legislation, Money, News, Numismatica, Numismatics, Pennies, US Government, US Mint, USA Coins

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

1943-D over D steel cent. (Photo courtesy of Stack's Bowers Galleries)

1943-D over D steel cent. (Photo courtesy of Stack’s Bowers Galleries)

 

On April 6, Representative Steve Stivers (R-OH) reintroduced the Cents and Sensibility Act (H.R. 2067), which proposes “to save the American taxpayers money by immediately altering the metallic composition of the one-cent, five-cent, dime, and quarter-dollar coins, and for other purposes.”

Cosponsored by Rep. Joyce Beatty (D-OH) and Rep. Pat Tiberi (R-OH), the act is further described in a press release as “bipartisan legislation [that] lowers the cost of producing pennies, nickels, dimes, and quarters by ensuring they are minted with steel instead of minerals imported from outside the United… Full article at the source>

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

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Will the Trump administration make gold great again?

March 2, 2017 in Coins, Education, Gold, Gold Bullion, Gold Coins, History, Investing, Legislation, News, Numismatica, Numismatics, Opinion, Precious Metals, US Federal Reserve, US Government, US Mint

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

Donald Trump has been interested in gold for decades and once reportedly accepted rent payment in gold bars when APMEX was opening a New York branch back in 2011 (see photo above, or scroll down for video). He also bought a large quantity of gold for about $185 an ounce when gold ownership was legalized in 1975, and sold at just under $800 an ounce years later.

Trump has expressed qualified support for the idea of returning to the gold standard but has not backed any specific plan to do so. For example, during the 2016 presidential campaign he told GQ… Full article at the source>

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

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How the Mint audits the nation’s deep-storage gold

March 1, 2017 in Blogs, Education, Gold, Gold Bullion, Gold Coins, History, Investing, Legal, Legislation, Numismatica, Numismatics, Opinion, Precious Metals, US Government, US Mint

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

Weighing-gold

The status of the U.S. gold reserves has long been a point of discussion, as all information on the subject is closely guarded by the Treasury. Although information on annual audits is available, the average person is unaware of it; and even those who know it exists generally don’t know where to find it. Couple these facts with the public’s widespread distrust of Congress and government agencies, and it’s no wonder that rumors about the nation’s gold supply have run rampant for decades. Nearly every coin and/or investment forum on the Internet, if you dig deeply enough, has hosted discussions Full article at the source>

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

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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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Archaeologists Question Media Sensationalism

October 18, 2016 in Ancient Coins, Antique Coins, Archaeology, Blogs, Coins, Collecting, Education, History, Investing, Legislation, News, Numismatica, Numismatics, Opinion, Politics, US Government, USA Coins, World Coins

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

Ancient coin collectors in the United States had good reason to smile this past weekend. Archaeologist Paul Barford in his blog Portable Antiquity Collecting and Heritage Issues joined a growing list of critics who believe that U.S. government officials are being swayed by false information. Specifically, Mr. Barford cites major media reports regarding ISIS funding as tainting a recent Congressional Homeland Security Committee Report with “outdated information, misrepresented statistics, and discredited figures.” He goes on to suggest that congressional staffers who authored the report “…searched for reports published in major media outlets without critically examining… Full article at the source>

Source: Ancient Coin Collecting (Wayne G. Sayles)

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Newly Introduced: The “American Innovation $1 Coin Act”

September 21, 2016 in Blogs, Coins, Collecting, Commemorative, Legal, Legislation, News, Numismatica, Numismatics, Politics, Proof Coins, US Federal Reserve, US Government, US Mint, USA Coins

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

dollar-517113_960_720

On Wednesday, September 14, Representative James A. Himes introduced H.R. 6025, known as the “American Innovation $1 Coin Act.”

If adopted, the act would authorize $1 numismatic coins whose designs recognize both American innovation in general and “significant innovation and pioneering efforts of [American] individuals or groups.” One coin would be released for each of the 50 states, the District of Columbia, and the U.S. territories, in alphabetical order.

The program, if approved, could commence as early as January 1, 2017, as determined by the Secretary of the Treasury, who would also determine the appropriate quantities of Uncirculated and Proof strikes.

Per the… Full article at the source>

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

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Controversial Minnesota Law Regulating Bullion Sales is Amended

June 15, 2016 in Bullion, Clubs and Associations, Coins, Collecting, Education, History, Investing, Legal, Legislation, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Precious Metals, Press Releases, Reference, USA Coins

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

93743_SlabTINy

The following press release was shared by the Industry Council for Tangible Assets.

Minnesota Gov. Mark Dayton recently signed the Minnesota SF 3175: Bullion Product Dealers Regulation Authorization, culminating major legislative effort led by the Industry Council for Tangible Assets (ICTA) to reform the most troublesome law for coin dealers in modern memory.

The new law amends the state’s “Bullion Coin Dealer Law,” passed in 2013, which applies to dealers at all levels of the industry and throughout the country, and imposes onerous regulations that were impossible to comply with. ICTA’s Chairman, Harry Miller, explains.

“Most coin dealers in the U.S…. Full article at the source>

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

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Proposed Legislation Aims to Designate Saint-Gaudens Site as National Arts Park

June 6, 2016 in Art, Blogs, Education, History, Legal, Legislation, Museums, News, Numismatica, Numismatics, US Government

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

augustus-saint-gaudens_t614SMALL

Above: Sculptor Augustus Saint-Gaudens (with Amor Caritas in the background), Paris, 1898. Credit: Courtesy of National Park Service, Saint-Gaudens National Historic Site.

 

Two bills have been introduced proposing the redesignation of the Saint-Gaudens National Historic Site in Cornish, New Hampshire to the “Saint-Gaudens National Park for the Arts.” The companion bills were submitted simultaneously on May 12 by Sen. Jeanne Shaheen (D-NH) and Rep. Frank Guinta (R-NH1).

Augustus Saint-Gaudens was born in Ireland, raised in New York City, and went on to become one of America’s greatest sculptors. He created some of the nation’s best-known public statues, including Standing… Full article at the source>

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

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