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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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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)

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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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Collectors may get their kicks with Route 66 coins

March 9, 2017 in Coins, Collecting, Commemorative, Education, Gold, Gold Coins, Gold Eagles, Investing, News, Numismatica, Numismatics, Opinion, Palladium, Palladium Coins, Precious Metals, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

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

There is little doubt that modern U.S. numismatics needs a jolt. While millions of collectors still look forward to coins like each year’s American Silver and Gold Eagles and the forthcoming 2017 American Palladium Eagle, this segment of the hobby does not seem to attract as much interest as it used to. And nowhere is that more the case than with commemorative coin programs, whose sales have continued to lag in recent years mostly because collectors are not especially interested in either the subjects or the designs, with certain exceptions.

But there now is a possible commemorative coin program whose foundation… Full article at the source>

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

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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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Milk Spots on Modern Silver Coins: How Big of an Issue?

February 15, 2017 in Coins, Collecting, Education, Grading, News, Numismatica, Numismatics, Opinion, Precious Metals, Silver, Silver Coins, US Mint, USA Coins, World Coins

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

For at least the past decade, articles have appeared periodically in the numismatic media about the issue of white-colored discoloration, known as milk spots, that appear on some modern silver coins. The issue has also figured prominently in the numismatic blogosphere, where it is a hot topic of discussion among collectors and silver stackers, who often express their anger, irritation, and frustration about seeing their coins develop these spots.

But considering how important the issue is in terms of its impact on the value of coins and the market for them, it is striking that milk spots have not received a… Full article at the source>

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

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Memo to the U.S. Mint 2016

October 31, 2016 in Coins, Coins for sale, Collecting, Education, History, News, Numismatica, Numismatics, Opinion, US Government, US Mint, USA Coins

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

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Suggesting how the U.S. Mint can improve its operations and programs has emerged over the years as perhaps the most frequent topic of discussion among both numismatic commentators and collectors. Everyone has an opinion on how to make the Mint better—on how to make it more responsive to collectors’ interests; on how to make it more successful at achieving its multiple missions, which involve bullion, circulating, and numismatic coins, etc.; and on what coins it should issue and how they should be released.*

The October 13 U.S. Mint forum in Philadelphia brought together stakeholders from the collecting community, dealers, coin-grading companies,… Full article at the source>

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

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2016-W Standing Liberty Centennial Gold Quarter: For Collectors, Not Flippers

September 12, 2016 in Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Gold, Gold Coins, History, Investing, New Releases, News, Numismatica, Numismatics, Opinion, Precious Metals, Quarters, US Mint, USA Coins

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

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On September 8, the U.S. Mint began accepting orders for the eagerly anticipated 2016-W Standing Liberty Centennial Gold Quarter, the second of three coins to mark the 100thanniversary of the very popular Liberty-themed coin series that began in 1916.

Unlike the previous coin in this trio, the 2016-W Winged Head Liberty Centennial Gold Dime that launched on April 21, the gold quarters had a household limit of one, and their mintage was set at a maximum of 100,000; the dimes had a household limit of ten and mintage limit of 125,000. In addition, the dimes had an… Full article at the source>

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

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2016-W American Platinum Eagle: How Does Quick Sellout Impact Aftermarket? 

July 5, 2016 in Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Education, History, New Releases, News, Numismatica, Numismatics, Offers, Platinum, Platinum Coins, Precious Metals, Proof Coins, US Mint, USA Coins

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

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On May 26, as collectors waited to find out when the 2016-W Centennial Gold Standing Liberty Quarter and other highly-anticipated issues will launch this year, the Mint surprised everyone by announcing that the 2016-W $100 American Platinum Eagle Proof coin would be released on June 30.

Last year’s release in this popular series was not available until last December due to problems sourcing sufficient supplies of platinum planchets. But this year the Mint reported having fewer problems in that regard, though it is still not clear if there will be no one-ounce bullion coin for the second year in a row. Two-Year… Full article at the source>

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

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