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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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ALERT: Obsolete paper money stolen in Georgia

September 22, 2017 in Bank Notes, Collecting, History, Investing, News, Numismatic Crimes, Numismatica, Numismatics, PSA, Theft, U.S. Notes

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

The Numismatic Crime Information Center advises collectors to be on the lookout for the following obsolete bank notes, stolen from a car in Georgia:

The Coweta County, Georgia, sheriff’s department is investigating a burglary resulting in the loss of the following obsolete notes:

  • Merchants and Planters Bank $1 (1857) $1 (1859) $2 $3 $5 $10 $20 $50 $100
  • Timber Cutters Bank $1 $2 $10 $20 $50
  • State of Georgia Bank of Commerce $1 $2 $5 $20
  • Farmers and Mechanics Bank $1 $2 $5 $10 $100
  • Planters Bank $1

All were in a black binder marked “Currency Album” in gold leaf. All notes were from the 1850, …Full article at the source>

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

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First photos of the 2017 American Eagle palladium bullion coin

September 21, 2017 in Coins, Coins for sale, Collecting, Investing, New Releases, News, Numismatica, Numismatics, Palladium, Palladium Coins, Photography, Precious Metals, US Mint, USA Coins

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

The Mint will begin selling its 1-ounce American Eagle palladium bullion coin to Authorized Purchasers (APs) on September 25. Until now, no photos of the coins have been available, and the curious have had to content themselves with photos of the plaster models or with graphic designers’ renderings. Around noon today (September 20), the Mint posted live photos of the coins (hover to zoom):

The palladium Eagles will be available to the public through the Mint’s AP network. Authorized Purchasers consist of major coin and precious-metals wholesalers, brokerage firms, banks, and other participating financial intermediaries. The… Full article at the source>

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

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New anti-counterfeiting technology: Dogs

September 8, 2017 in Coins, Collecting, Counterfeit, Education, Fake Coins, History, News, Numismatic Crimes, Numismatica, Numismatics, USA Coins, World Coins

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

Dogs are renowned for their almost supernatural sense of smell and have been used for years by law enforcement to solve some of the most complicated crimes ranging from drug smuggling to cold-blooded murder. In 1997, the world was introduced to the first counterfeit-sniffing dog, named Mike, and the concept has rapidly gained popularity ever since. The excerpt below, which is from the Stamp & Coin Place’s “Past and Present” blog, explores this powerful tool in the war on counterfeit currency.

On February 16, 2018, we will be welcoming the Chinese New Year, and it turns out that—appropriately—2018 will be the… Full article at the source>

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

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Coin Update contributor Louis Golino wins a Numismatic Literary Guild award

August 9, 2017 in Awards, Clubs and Associations, Coin Shows, Coins, Collecting, Competition, Conventions, Education, Entertainment, Events, History, News, Numismatic Literary Guild, Numismatic Societies and Clubs, Numismatica, Numismatics, Press Releases, Prize Winners, USA Coins

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

During the 2017 Numismatic Literary Guild (www.nlgonline.org) awards ceremony, held during the American Numismatic Association’s World’s Fair of Money in Denver, Colorado, on August 4, Coin Update contributor Louis Golino won his second NLG award to date.

The award for the best article in a non-numismatic publication was given for his story “Liberty Centennial Designs,” published in the magazine Elemetal Direct, about the 2016 trio of gold Liberty coins.

Louis has been writing about coins since 2010 for a wide range of publications and websites. He began by writing for Coin Update on modern U.S. coins. He then wrote a weekly… Full article at the source>

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

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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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U.S. Mint sales report: Week ending July 16, 2017

July 20, 2017 in Coins, Collecting, Investing, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

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

This report covers the week ending July 16, 2017. The Mint had one new release during this sales period: the 2017 America the Beautiful–Ozark National Scenic Riverways 5-ounce silver Uncirculated coin (17AL). Released on July 11, it handily took the number-one-seller spot on this week’s report, with 13,740 units sold. Among the 5-ounce ATB Uncirculated coins, however, it had one of the weakest opening-week showings ever.

The 2017 American Eagle 1-ounce platinum Proof coin (17EJ)—last week‘s best seller—tumbled to seventh place, but it remains an interesting item. Limited to a mintage of 10,000, the coin was released on July 6… Full article at the source>

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

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What are the greatest modern coins of the United States?

July 13, 2017 in ANA (American Numismatic Association), Books, Clubs and Associations, Coins, Collecting, Education, Entertainment, History, Investing, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Reference, USA Coins

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

The fourth edition of Whitman Publishing’s 100 Greatest U.S. Modern Coins will enjoy its public debut in a few short weeks. Look for it at the American Numismatic Association World’s Fair of Money in Denver, Colorado. In the meantime, if you’re a fan of modern U.S. coins, you can preorder your copy online or from your favorite local bookstore.

When 100 Greatest U.S. Modern Coins debuted in February 2011, it was the eighth volume in Whitman Publishing’s popular 100 Greatest™ library of books. In earlier volumes the spotlight was occupied by rare and valuable ancient coins, unique 18th- and 19th-century… Full article at the source>

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

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“Past & Present” takes a look at the success of the 50 State Quarters Program

July 7, 2017 in Coins, Collecting, Collector Sets, Commemorative, Education, Entertainment, History, Investing, News, Numismatica, Numismatics, Opinion, Quarters, USA Coins

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

Here at Coin Update, we’re great fans of the blog “Past & Present,” which is operated by the Stamp & Coin Place. We like it so much, in fact, that we asked them to let us share snippets of their blog posts from time to time. Happily for our readers, they graciously agreed. The following, which considers the success of the 50 State Quarters Program, is the first of what we hope will be many such posts. Enjoy!

The State Quarter series is easily the most successful numismatic program of all time. It generated over $3.8 billion in seigniorage… Full article at the source>

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

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Perth Mint’s rare $1.8m coin trilogy sold

July 7, 2017 in Australian Coins, Coins, Coins for sale, Collecting, Commemorative, Gold, Gold Coins, History, News, Numismatica, Numismatics, Platinum, Platinum Coins, Precious Metals

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

The following is a courtesy post from our sister site World Mint News Blog.

The pinnacle of the Perth Mint’s long-term association with Rio Tinto and Argyle Pink Diamonds, the Australian Trilogy is an incomparable combination of precious metals and rare, natural, fancy-colored diamonds unearthed from the Argyle Diamond Mine in the east Kimberley region of Western Australia.

“This coveted collection of diamond-studded gold and platinum coins has raised the bar on the concept of ‘unique collectable,’ exemplifying the quality craftsmanship for which the Perth Mint and Argyle Pink Diamonds are renowned,” said Perth Mint chief executive officer Richard Hayes.

Since the… Full article at the source>

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

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U.S. Mint sales report: Week ending June 25, 2017

June 28, 2017 in Coins, Collecting, News, Numismatica, Numismatics, US Mint, USA Coins

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

This week, we caught up with a couple of missing 2017 U.S. Mint numismatic sales reports: one for the period ending May 14, and one for the period ending May 21. The present report covers the week ending June 25, 2017.

There are no new releases on the report this week. Last week’s only new release—and that week’s top seller—was the 2017-P American Liberty silver medal (17XB). It remains within the upper tier of sales, ranking fourth this with 2,963 sold. More than 36,000 of the medals have been purchased since it was released on June 14. Its predecessor,… Full article at the source>

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

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European dealer devises a clever contest using a fake coin

May 18, 2017 in Ancient Coins, Antique Coins, Auctions, Coins, Coins for sale, Collecting, Competition, E-commerce, Education, Events, Fake Coins, Gold, Gold Coins, History, News, Numismatica, Numismatics, Rare Coins, World Coins

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

There’s a fake in the latest catalog of a respected auction house—and the owner knows it.

Dr. Hubert Lanz, of the respected Munich coin company Numismatik Lanz, has long been a champion of collectors, whose many hazards include the issue of counterfeit coins. As Numismatik Lanz is celebrating its 70th year of operation, Dr. Lanz came up with a clever idea to promote the company and highlight the danger of fraud in numismatics: He placed a fake in catalog number 164, and announced that anyone who identified the fake would receive a €25 credit toward their purchase in the auction.

Numismatik Lanz… Full article at the source>

Source: c

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The mother of the Father of Our Country: Mary Ball Washington

May 14, 2017 in Coins, Collecting, Education, History, News, Numismatica, Numismatics, Opinion

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

Sunday is Mother’s Day. In the world of U.S. coins and paper money, there’s not much to look at with respect to such a holiday. We do, however, have an extremely popular first president who has appeared on coins, tokens, medals, paper money, and nearly every kind of financial product that can be stamped or printed—namely, George Washington. And as it happens, his journey to the status of Founding Father was strongly influenced by one of the most epic presidential mothers of all time: Mary Ball Washington.

Mary was 80 years old when her son became the first American president. She… Full article at the source>

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

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Austria: Latest coin in popular Silver Niobium series rolls out in June

May 7, 2017 in Austrian Coins, Coins, Coins for sale, Collecting, Collector Sets, New Releases, News, Numismatica, Numismatics, World Coins

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

On June 7, 2017, the Austrian Mint will release “Mikrokosmos” (Microcosm), the newest in its extremely popular Silver Niobium series. Inaugurated in 2003, the bimetallic €25 coins have consistently sold out at the mint, and all—especially the first few issues—have gained value on the secondary market.

Each year’s issue is composed of a disc of niobium surrounded by a .900 silver outer ring. The brilliant colors of the disc are achieved by anodic oxidation—a precisely controlled electrochemical process that deposits a fine layer of oxidized niobium on the surface of the disc. The color is determined by the thickness of… Full article at the source>

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

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$1 million gold Maple Leaf stolen from Bode Museum in Germany

March 27, 2017 in Canadian Coins, Coins, Gold, History, News, Numismatica, Numismatics, Precious Metals, Rare Coins, Royal Canadian Mint, Theft, World Coins

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

Remember Canada’s jaw-dropping, million-dollar gold Maple Leaf? Struck in 2007, the coin weighs 100 kilograms, is .99999 fine, and has a $1 million face value. A little over an inch thick and nearly 21 inches in diameter, it’s worth nearly $4.5 million.The coin, which contains 3,215 troy ounces of gold, was certified by Guinness World Records to be the world’s largest gold coin. According to the Royal Canadian Mint’s website, five have been produced and sold to date.

According to Associated Press, the one housed in the Bode Museum,which is located on Germany’s UNESCO-listed Museum Island, has been stolen…. Full article at the source>

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

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Stack’s Bowers Galleries to showcase important collections in March 2017 Baltimore Auction

March 25, 2017 in Antique Coins, Auctions, Coin Shows, Coins, Coins for sale, Collecting, Collector Sets, Conventions, E-commerce, Education, Fun, Gold, Gold Coins, History, Investing, Medals, News, Numismatica, Numismatics, Offers, Opinion, Rare Coins, USA Coins

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

 

Stack’s Bowers Galleries will be offering world-class collections as part of their Official Auction of the Whitman Coins & Collectible Expo next week in Baltimore, Maryland. Anchored by the Blue Moon Collection, Part I, and the collections of Dr. Gordon Shaw and Anthony Bettencourt, this event will showcase fresh, high-quality material that many collectors will be eager to bid on.

The auction begins at 4:00 (ET) on the afternoon of Wednesday, March 29, with Session I, which will feature numismatic Americana, colonial… Full article at the source>

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

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New to gold investing? The FTC has these tips

March 24, 2017 in Bullion, Coins, Collecting, Education, Gold, Gold Bullion, Investing, IRA, News, Numismatica, Numismatics, Opinion, Precious Metals, US Government

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


“Police say two Bend teens made more than $50,000 selling fake bars of gold.” That’s the headline in today’s Register-Guard, a newspaper in Eugene, Oregon. It seems the two budding criminals got hold of fake, 1-ounce gold bars purported to be from the Perth Mint and the Royal Canadian Mint, in seemingly official, tamper-proof packaging. Then they went on Craigslist and connected with potential buyers. The unscrupulous juveniles rooked at least three adults—including an experienced coin dealer, who bought the majority of their stock* from individuals who’d purchased it directly from the teens.

This story seemed like a good intro… Full article at the source>

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

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New to bullion investing? Important guidelines to get you safely started

March 17, 2017 in Bullion, Coins, Collecting, Education, Gold, Gold Bullion, Gold Coins, Investing, News, Numismatica, Numismatics, Opinion, Platinum, Platinum Coins, Precious Metals, Silver, Silver Coins, USA Coins

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

Student loans, auto loans, home mortgages, and similar expenditures are major financial milestones—most people encounter one or more of them at some point in life. If you don’t have direct experience in these areas, you almost certainly know someone who does, and they can point you in the right direction.

Investing in coins or precious metals, on the other hand, is very different. If you aren’t already in the know, chances are your friends and relatives aren’t, either. Lack of information leaves people especially vulnerable to fraud, whether it’s malicious (as with counterfeit coins) or simply ignorant (overcharging for legitimate items… Full article at the source>

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

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Stack’s Bowers Galleries to offer finest certified 1913 Lincoln cent at auction

March 14, 2017 in Antique Coins, Auctions, Cents, Coin Shows, Coins, Coins for sale, Collecting, Copper, Copper Coins, Education, History, News, Numismatica, Numismatics, Pennies, Rare Coins, USA Coins

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

When the Whitman Coin & Collectibles Baltimore Expo takes place at the end of March, it will, as always, feature an estimable array of collectible coins and paper money. Stack’s Bowers Galleries will hold a series of auctions, and its “Rarities Night” will, as usual, offer up a host of beautiful coins. Among those that are not “as usual” will be a 1913 Lincoln cent in nearly flawless condition—in fact, at MS-67 RD, it is the finest certified example of that year.

On the Stack’s Bowers blog, numismatist and cataloger James McCartney writes, With a mintage of 76.5… Full article at the source>

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

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More opportunities for numismatists and employers to connect

March 9, 2017 in Education, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Online Tools, Reference, World Coins

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

Last week, we relayed the announcement by the American Numismatic Association (ANA) that it had formed an online job service to help match numismatic job-seekers with prospective employers. The editor-in-chief of CoinsWeekly, Ursula Kampmann, emailed to let us know about another resource that job-hunters might find useful.

In 2015, the International Numismatic Council (INC) and the International Association of Professional Numismatists (IAPN) decided to launch a platform for online vacancies and applications. As a publication channel they chose the Internet journal MuenzenWoche / CoinsWeekly, which, with its weekly newsletter, aims to build a bridge between university and… Full article at the source>

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

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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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Silver Krugerrand Test Strike on Display at F.U.N. Show in Fort Lauderdale

January 7, 2017 in Coins, Collecting, Education, Entertainment, Events, Investing, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, South Africa Coins, World Coins

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

2017-krugerrand-silver

A test strike of the first-ever silver Krugerrand is will be shown at the Florida United Numismatists (F.U.N.) Show in Fort Lauderdale, Florida. The coin will be on display from January 6 at Modern Coin Mart’s booth (#505), where it will be in a rotating display that will allow it to be viewed up close.

The South African Mint originally intended the silver Krugerrand to be available for purchase in North America on December 5, 2016. When the first shipment of coins arrived, however, the coins were found to have sustained damage during the trip. In a press release,… Full article at the source>

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

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U.S. Mint Calls Attention to World Space Week

October 6, 2016 in Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Education, Exunumia, History, Medals, News, Numismatica, Numismatics, US Mint, USA Coins

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

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Amid the various U.S. Mint releases spread across the last quarter of the year—not to mention the general circus of election season—one could easily miss the fact that this is World Space Week. The United Nations declared October 4–10 to be Space Week in December 1999. From now through next Monday, events around the world are celebrating “the benefits of space and excitement about space exploration.” (Click here for event highlights.)

None of this might seem relevant to coin collecting, but the U.S. Mint has provided a guide to “its long connection to the space program” in connection with… Full article at the source>

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

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Numismatic Authors Will Share Their Knowledge at the 2016 PAN Show

September 23, 2016 in Books, Coin Shows, Coins, Collecting, Conventions, Education, Entertainment, Events, History, Investing, News, Numismatica, Numismatics, Seminars, USA Coins, World Coins

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

2-pan-bourse

(Atlanta, Georgia) — Four award-winning numismatic authors will appear as guest speakers at the Pennsylvania Association of Numismatists Fall Coin Show, Thursday through Saturday, October 27–29, 2016. Clifford Mishler, Douglas Mudd, and Dennis Tucker are featured in the PAN Lecture Series, a free program starting Friday at 1:00 p.m. In addition, John Mercanti will speak at a dinner Friday evening. The show will be held at the Monroeville Convention Center outside Pittsburgh.

John Mercanti, retired chief engraver of the United States Mint, is the author of American Silver Eagles: A Guide to the U.S. Bullion Coin Program, recently released… Full article at the source>

More details about the show can be found online at www.PANcoins.org

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

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Italy: New “Italy of Art” Series Silver Coin Now Available

September 22, 2016 in Art, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Education, History, Italian Coins, Italian Mint (Istituto Poligrafico e Zecca dello Stato IPZS), New Releases, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, World Coins

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

recanati-and-coin

On September 6, the Istituto Poligrafico e Zecca dello Stato (Italian State Mint) issued the latest coin in the popular and successful “Italy of Art” series. The new issue highlights the lovely town of Recanati, located in the Province of Macerata.

Officially founded in the middle of the 12th century, Recanati (pictured above) probably originated from the ruins of an ancient Roman town known as Ricina. Known as a city of art, rich in Renaissance and Baroque palaces and wonderful examples of religious architecture, Recanati is also famous for being the hometown of Count Giacomo Leopardi, one of the greatest Italian… Full article at the source>

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

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