You are browsing the archive for Opinion.

by admin

Learning from the news of the day

December 5, 2017 in Blogs, Collecting, Education, News, Numismatica, Numismatics, Opinion

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

Although this blog is about numismatics, there are times when the news of the day reminds us that we not perfect beings and there are lessons learned that should apply to the hobby. For the last few months, there have been reports about how sexual harassment has been pervasive in industries where men hold a […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

Share Button

by admin

Weekly Numismatic World News for November 19, 2017

November 20, 2017 in Blogs, Coins, Collecting, Education, History, Investing, News, Numismatica, Numismatics, Opinion, Silver, Silver Coins, USA Coins, World Coins

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

Sometimes, I find it difficult to keep an open mind with some of the non-circulating legal tender (NCLT) coins that are on the market. Some of the themes have started as interesting ideas have turned into blatant commercialism that I am not sure how to interpret its benefits to the hobby. From superheroes to movie […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

Share Button

by admin

Coingrader “fails”

November 16, 2017 in Auctions, Coins, Collecting, Education, Investing, News, Numismatica, Numismatics, Opinion, PCGS (Professional Coin Grading Service), Photography, Silver, Silver Coins, USA Coins

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

Too often numismatic writers give the impression that they always win in online auctions, but all of them will fail on occasion, including me. That is what this post is about. Perhaps my examples here might inform you about issues that often result in cleaned or damaged coins after they are sent in for holdering.

Sometimes, in my view, the holdering company gets it wrong, as I wrote about earlier in the article, “Resubmitting or Living with Grades.”

More often I fail in winning coins because of poor photography, or sharp photography that doesn’t give me a clear view of the… Full article at the source>

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

Share Button

by admin

How counterfeiting could one day be irrevocably stifled by smartphone apps

November 15, 2017 in Coins, Collecting, Education, Investing, Ipad Apps, Iphone Apps, News, Numismatica, Numismatics, Opinion, Software, Technology, USA Coins, World Coins

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

Yesterday, the coin-collecting hobby got an update for the next generation: Lookzee. The app takes advantage of an iPhone’s camera to take an image of a collector’s coin, which is then cross-referenced against a database built from thousands of coins sorted by Tim Rathjen’s revolutionary “Machine.” After analyzing the collector’s coin, Lookzee provides its denomination, type, and year of issue. The app also provides a broad estimate of the coin’s worth as well. A video of the app in action is available on Lookzee’s official Facebook page, and while the only version available at the moment is for… Full article at the source>

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

Share Button

by admin

Weekly Numismatic World News for November 12, 2017

November 13, 2017 in Blogs, Coins, Collecting, Crypto Currency, Currency, Digital Currency, Education, Entertainment, History, News, Numismatica, Numismatics, Opinion, USA Coins, World Coins

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

As I peruse the Interwebs for numismatic-related stories from non-numismatic sources, my searches are inundated with stories about Bitcoin, crypto-currencies, and blockchains. Most of the time, the stories are just noise given my objective to find information relevant to collectors including the issuance of circulating currencies and the impact of precious metals on the market. […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

Share Button

by admin

Thoughts on this weekend’s Whitman Expo

November 13, 2017 in Blogs, Coin Dealers, Coin Shows, Coins, Coins for sale, Conventions, Education, Entertainment, Events, News, Numismatica, Numismatics, Opinion, USA Coins, World Coins

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

Whitman Expo came to Baltimore this weekend to fill up three large halls in the Baltimore Convention Center. Like every Whitman Expo, dealers come from all over making it a must-attend east coast destination. I was able to attend on Friday afternoon. It was not for long because I had to work half of the […]Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

Share Button

by admin

The psychological profile of a counterfeiter, according to Criminal Minds

November 12, 2017 in Coins, Collecting, Counterfeit, Education, Fake Coins, History, News, Numismatic Crimes, Numismatica, Numismatics, Opinion, Rare Coins

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

Recently, I happened to get back into watching the show Criminal Minds, which centers around the Federal Bureau of Investigation’s (FBI) Behavioral Analysis Unit (BAU). While most television crime shows tend to focus on the forensic and anthropological aspects of violent crimes, Criminal Minds, in keeping with its namesake, tends to focus on the psychological aspects of criminally deviant behavior. Two nights ago, I happened to be watching season one’s episode three, which is entitled “Won’t Get Fooled Again.” While the episode opened with a graphic scene of a man’s lower extremities being blown off by a car bomb in… Full article at the source>

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

Share Button

by admin

The centenary anniversary of President Kennedy’s birth passes us by while many more are still concerned learning about his death

November 3, 2017 in Art, Collecting, Commemorative, Education, History, Investing, Medals, News, Numismatica, Numismatics, Opinion, Precious Metals, Silver

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

Following the initial release of 2,891 documents previously withheld by the Central Intelligence Agency (CIA) relating to the assassination of President John F. Kennedy on Thursday, October 19, the Internet went up in storm. While many are satisfied with this initial release of documents regarding the president’s assassination, the international non-profit transparency group WikiLeaks is offering a $100,000 reward for the remainder of the withheld documents, with founder Julian Assange calling President Trump’s delay on the 25-year-planned full release “inexcusable.” As an interesting example of cosmic irony, 2017 also happens to be the centenary anniversary of President Kennedy’s… Full article at the source>

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

Share Button

by admin

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)

Share Button

by admin

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)

Share Button

by admin

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)

Share Button

by admin

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)

Share Button

by admin

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)

Share Button

by admin

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)

Share Button

by admin

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)

Share Button

by admin

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)

Share Button

by admin

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)

Share Button

by admin

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)

Share Button

by admin

Trump and the Fed: Changes may be coming

September 18, 2017 in Blogs, Collecting, Education, History, News, Numismatica, Numismatics, Opinion, Politics, US Federal Reserve, US Government

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

Most people know that a president able to appoint several Supreme Court justices during his tenure will have an impact on our country that far outlasts their presidency. However, presidents who have the chance to make major changes to the Federal Reserve’s board of governors can also have a disproportionate impact.

Due to a combination of the facts that Federal Reserve Chair Janet Yellen’s term expires in January and that a seat on the Fed’s board of governors opened after President Trump took office; another member’s term expired; and Vice Chair Stanley Fischer unexpectedly decided to retire for personal reasons (as… Full article at the source>

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

Share Button

by admin

Weekly Numismatic World News for September 17, 2017

September 18, 2017 in Blogs, Coins, Collecting, Education, Entertainment, Fun, History, News, Numismatica, Numismatics, Opinion, Rare Coins, Treasure, USA Coins, World Coins

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

As this is being posted I am packing up after working this past weekend at the DC Big Flea Market and Antique Show in Chantilly, Virginia. Since I have been working in the collectibles business, I have been trying to sell at one show a month with DC Big Flea being the show I work […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

Share Button

by admin

OIG Probe into Mnuchin using government resources expands

September 15, 2017 in Blogs, News, Numismatica, Numismatics, Opinion, Politics, US Government

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

Secretary of the Treasury Steven T. Mnuchin seems to think his position with the government affords him perquisites to be paid by the taxpayers. Last June, Mnuchin married actress Louise Linton at the Andrew W. Mellon Auditorium located near the National Mall. Vice President Pence officiated the ceremony. While that was old news, ABC News […]

Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

Share Button

by admin

Keep Safe Out There!

September 10, 2017 in Blogs, Education, History, News, Numismatica, Numismatics, Opinion

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

Storms of all type are hitting the shores of the United States. Nearly two weeks after Harvey did his damage in southeast Texas, Irma is north of the Florida Keys and heading towards Naples as I type this. While Irma is now attacking Florida, Hurricane Jose is hanging out about 300 miles northwest of the […]

Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

Share Button

by admin

Weekly Numismatic World News for September 3, 2017

September 4, 2017 in Blogs, Coins, Collecting, Education, Entertainment, Fun, History, News, Numismatica, Numismatics, Opinion, USA Coins, World Coins

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

Labor Day was created by the labor movement in the late 19th century to celebrate the contributions that workers have made to the strength, prosperity, and well-being of the country. It became an official federal holiday in 1894 and marks the unofficial end of summer. Aside from having a three day weekend, it is traditionally […]  Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

Share Button

by admin

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)

Share Button

by admin

1783-Dated Coin Identified as First Struck by the U.S. Government to Make First Public West Coast Appearance

September 1, 2017 in Antique Coins, Coin Shows, Coins, Collecting, Education, History, Numismatica, Numismatics, Opinion, Press Releases, Rare Coins, US Government, USA Coins

For immediate release
August 31, 2017

News media contact:
David McCarthy
Office: 415-435-2601
Mobile: 415-847-6305

1783-Dated Coin Identified as First Struck by the U.S. Government to Make First Public West Coast Appearance

 

The Plain Obverse Nova Constellatio Quint will make its first public West Coast appearance during the Long Beach Expo.

The Plain Obverse Nova Constellatio Quint will make its first public West Coast appearance during the Long Beach Expo.

(Long Beach, California) August 31, 2017 – After its showcase in August’s World’s Fair of Money, a coin that experts are hailing as the very first coin made by the United States will be displayed during the 2017 Long Beach Expo (www.LongBeachExpo.com)in Long Beach, CA, September 7- 9.

This marks the first public West Coast appearance for the coin, which is now insured for $5 million.

According to researcher David McCarthy of Kagin’s, Inc., there is overwhelming evidence that this is the very first coin ever officially struck by authority of the United States government, a finding hailed by renowned coin expert and author Jeff Garrett as “one of the most exciting developments in modern numismatics.”

The coin is known as the “Plain Obverse Nova Constellatio Quint.” It was once in the hands of one of the USA’s Founding Fathers, Alexander Hamilton, and it is the historic ancestor of the dollar as well as every coin in the Western world using a decimal monetary system, according to McCarthy.

“Although the coin was discovered in 1870, it was misattributed. We now have compelling evidence that it is, ‘the first that has been struck as an American coin,’ as described in the April 2, 1783 diary entry of Founding Father Robert Morris, the government’s first Superintendent of Finance and a signer of the Declaration of Independence,” stated McCarthy.

“The Quint and a subsequent set of coins were created in Philadelphia in April of 1783 under authority of the Treasury some nine years before the next coins would be struck by the U.S. government.  It would have been valued at 500-units in a proposed system that would range from 5 to 1,000 units,” McCarthy explained.

During the 18th Century, several states and private individuals manufactured coins, but this is the first coin that was struck and paid for by the U.S. government, according to McCarthy’s research, which more than a dozen other early American coin experts support.

Following the Civil War, the coin surfaced in New York City, and passed through the hands of some of the 19th Century’s greatest collectors before entering the possession of Johns Hopkins University, where it resided until 1979.

Kagin’s acquired the coin at an auction in 2013.  McCarthy began researching it through the Journals of Continental Congress, the writings of Founding Fathers Robert Morris and Thomas Jefferson, and forensic evidence found on the coins themselves, identifying it as the coin referred to by Morris, the Nation’s first Superintendent of Finance as, “the first that has been struck as an American coin.”

The coin can been seen during the Long Beach Coin, Currency, Stamp and Sports Collectible Expo, Thursday, September 7, through Saturday, September 9. For complete show hours, visit www.LongBeachExpo.com.  

Admission is $8 for adults, $4 for seniors and children aged 8 to 16; however, free admission coupons are available in advance with promo code: EXPOPR on www.LongBeachExpo.com.  

        For additional information, including the schedule of events and a list of attending dealers, visit online at www.LongBeachExpo.com, call the Long Beach Expo at 888-743-9316 or email at LBExpo@collectors.com.

###

Share Button
Translate »