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GreatCollections and honest numismatic photos

December 12, 2017 in Collecting, News, Numismatica, Numismatics, Offers

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

Before sharing an interview with GreatCollections President Ian Russell concerning his company’s practice of providing honest numismatic photos, I want to discuss the dishonesty and risk of buying coins with altered or poor photos.

Here’s a poor photo of a coin that I took a risk with, bidding based on a Proxibid lot that didn’t capture the true condition.

Because the lighting was subpar, I could not tell that the coin had been dipped and had hairlines across the check that weren’t clearly visible.

As viewers of my… Full article at the source>

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

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Affordable colonial era foreign coins

December 12, 2017 in Collecting, News, Numismatica, Numismatics, Offers

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

18th-century colonial America (and even into the 19th-century) saw a wide variety of coins in circulation to satisfy monetary demand. Many of these early American and American-related coinage are very rare and highly demanded by colonial coin specialists (such as the crudely struck 1652 New England coinage). For collectors on a budget of say, $100, however, there are also some collecting opportunities. In this second part of two articles on colonial coinage, we will take a look at a few affordable options for coins that actually circulated in America in the 18th-century, but were not minted here specifically for that… Full article at the source>

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

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Affordable colonial coinage

December 8, 2017 in Collecting, News, Numismatica, Numismatics

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

Colonial American coins are somewhat of a misnomer in the field of numismatics. While many of them were indeed struck before the United States declared independence from Great Britain, others were made afterward, yet are still classified as colonial coins. This might seem a bit confusing, but generally speaking (however, even here, there are exceptions to the rule) colonial American coins are those that were struck prior to the establishment of a Federal Mint in Philadelphia in 1793. As many coin collectors know many colonial coins are of the highest rarity and sell for high prices whenever they come up… Full article at the source>

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

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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)

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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)

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Lookzee arrives to App Store, IOS users may download immediately

November 14, 2017 in Coins, Collecting, Ipad Apps, Iphone Apps, News, Numismatica, Numismatics, Press Releases, Technology, USA Coins, World Coins

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

Bellingham, Washington — Stamp and Coin Place is pleased to announce the release of Lookzee, a smart, efficient, and easy way to image and share coins. Among Lookzee’s features are easy image acquisition, computer vision-assisted image handling, account creation with options for saving coin images, and in-app open chat forums to share and discuss coins.

Lookzee is the product of optical research and programming to leverage smartphone imaging capabilities, allowing users to create high-quality photos of the world’s most collected item, coins! Additionally, Lookzee’s software auto-crops… Full article at the source>

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

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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)

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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)

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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)

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Design of Bob Dole Congressional Gold Medal approved at last Wednesday’s CCAC meeting

October 31, 2017 in Education, Gold, History, Medals, News, Numismatica, Numismatics, Precious Metals, US Government

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

Last Wednesday, October 25, 2017, the CCAC held a meeting to discuss the design of the upcoming Congressional Gold Medal to honor Bob Dole. Bob Dole is a lawyer, former congressman of Kansas, former Republican Leader of the United States Senate, and 1996 presidential candidate who is renowned for his valiant service in World War II. In 1942, he entered the United States Army’s Enlisted Reserve Corps, rising to second lieutenant in the 10th Mountain Division. In April 1945, while fighting southwest of Bologna, Italy, in the Apennine Mountains, Dole was grievously injured in the upper right shoulder by German… Full article at the source>

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

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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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Falkland Islands: Centenary of the House of Windsor celebrated with new crown coin set

October 12, 2017 in British Coins, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Education, History, Investing, News, Numismatica, Numismatics, Precious Metals, Proof Coins, Silver, Silver Coins, Uncirculated Coins, World Coins

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

The government and treasury of the Falkland Islands have issued (9th October) a new set of crown coins which mark the centenary anniversary of the establishment of the British Royal House. The Royal House came about due to the circumstances just after the fighting for the Great War began (1914–1918).

The long-established and historic dynasty of Saxe Coburg and Gotha had succeeded to the British throne upon the accession of HM King Edward VII, son of Prince Albert, the prince consort of HM Queen Victoria, whom she had married in 1840. Queen Victoria was the last of the Hanoverians to sit… Full article at the source>

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

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United States Mint announces designs for World War I Centennial Silver Medals

October 12, 2017 in Collecting, Commemorative, Dollar Coins, History, Investing, Medals, News, Numismatica, Numismatics, Precious Metals, Press Releases, Silver, Silver Dollars, US Mint, USA Coins

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

World War I Centennial Army Medal – West Point Mint

World War I Centennial Army Medal – West Point Mint

WASHINGTON – The United States Mint today revealed the obverse (heads) and reverse (tails) designs for five silver medals that will be issued in conjunction with the 2018 World War I Centennial Silver Dollar. Each medal, composed of 90 percent silver, pays homage to branches of the U.S. Armed Forces that were active in World War I. Design descriptions and the respective minting facilities are below. The Army medal design depicts a soldier cutting through German barbed wire, while a second soldier aims a rifle amid a shattered landscape of broken trees… Full article at the source>

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

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Whitman Publishing releases new Q. David Bowers book on the secrets of smart coin-buying

October 8, 2017 in Books, Coins, Collecting, Education, Entertainment, Investing, News, Numismatica, Numismatics, Rare Coins, USA Coins, World Coins

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

(Pelham, Alabama) — Whitman Publishing announces the release of the newest book by Q. David Bowers. Inside the Rare Coin Marketplace: Secrets to Being a Smart Buyer debuted October 1, 2017. The 320-page full-color volume is available online (including at the website of Whitman Publishing) and in bookstores and hobby shops nationwide for $14.95.

Inside the Rare Coin Marketplace shares Bowers’s more than 60 years of experience as a coin collector, professional dealer, award-winning author and researcher, and past president of the American Numismatic Association. He tells how to build a meaningful and significant coin collection on any budget, for… Full article at the source>

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

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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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A new book for the serious coin collector: Inside the Rare Coin Marketplace

September 18, 2017 in Books, Coins, Collecting, Education, History, Investing, News, Numismatica, Numismatics, Rare Coins, USA Coins

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

“Buy the book before the coin” is good, solid, often-quoted advice for newcomers to the hobby. Frankly, it’s guidance for a lifetime of collecting; we should all heed it well beyond the beginner stage. And fortunately for today’s hobbyist, this advice has never been easier to follow—thanks in large part to one incredibly productive author, Q. David Bowers.

Numismatic publishing has experienced a renaissance, an exciting boom, over the past 15 years. Dave Bowers joined forces with Whitman Publishing in 2003 as the company’s numismatic director and as research editor of the Guide Book of United States Coins (the hobby’s best-selling… Full article at the source>

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

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Whitman Publishing releases expanded new edition of A Guide Book of Lincoln Cents

September 8, 2017 in Books, Cents, Coins, Collecting, Collector Sets, Copper, Copper Coins, Education, Entertainment, Fun, History, Investing, News, Numismatica, Numismatics, Pennies, Reference, USA Coins

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

Whitman Publishing has released an expanded, updated second edition of its best-selling Guide Book of Lincoln Cents, a popular entry in the Bowers Series of numismatic titles. The book continues in the tradition of the Guide Book of Morgan Silver Dollars and other Bowers Series guides, now numbering more than two dozen volumes. The 320-page full-color book is available online (including at Whitman.com) and from booksellers nationwide for $19.95.

Generations of coin collectors have grown up with the Lincoln cent, America’s longest-running coin series, first minted in 1909. Author Q. David Bowers, the nation’s most widely published numismatic writer, provides… 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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Whitman authors will speak at 2017 ANA “Money Talks” in Denver

August 2, 2017 in Books, Coins, Collecting, Education, History, Investing, News, Numismatica, Numismatics, Press Releases, US Mint, USA Coins, World Coins

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

Several Whitman Publishing authors are scheduled to give “Money Talks” presentations at the American Numismatic Association World’s Fair of Money, August 1–5, 2017. The show is held at the Colorado Convention Center. Each “Money Talks” presentation is held in room 501 and is 30 to 45 minutes long, with time afterward for questions and discussion from the audience.

Thursday, August 3, 2017

“Collecting Modern U.S. Mint Silver Medals for Fun and Profit” — Whitman publisher Dennis Tucker, author of American Gold and Silver: U.S. Mint Collector and Investor Coins and Medals, Bicentennial to Date, will share his research and insight, and will… Full article at the source>

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

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Book review: The Gold Indians of Bela Lyon Pratt satisfies coin collectors and American history buffs alike

August 1, 2017 in Antique Coins, Art, Books, Coins, Collecting, Education, Entertainment, Gold, Gold Coins, History, Investing, News, Numismatica, Numismatics, Opinion, Precious Metals, Rare Coins, USA Coins

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

How often do you read a numismatic book outside of the fields you actively collect?

Some hobbyists stick to their favorite subjects—if they collect Morgan dollars, they read books about Morgan dollars, and don’t stray very far into Buffalo nickels, commemoratives, world coins, or medals and tokens.

Many other hobbyists are like numismatic sponges, happy to absorb as much knowledge as they can from all directions. We see this at Whitman Publishing all the time. Some collectors have favorite authors and would buy a Ken Bressett book whether it’s about U.S. paper currency, English coins, or money used in Biblical times. Some… Full article at the source>

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

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ANA World’s Fair of Money auction preview: Stack’s Bowers Galleries world and ancient coins and paper money

July 31, 2017 in ANA (American Numismatic Association), Ancient Coins, Antique Coins, Auctions, Coin Shows, Coins, Coins for sale, Collecting, Conventions, Education, Events, Investing, News, Numismatic Societies and Clubs, Numismatica, Numismatics, USA Coins, World Coins

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

The ANA (American Numismatic Association) is holding its annual World’s Fair of Money—considered one of the largest numismatic trade shows of the world—from August 1 to August 5 in Denver, Colorado. Stack’s Bowers Galleries will hold various auctions in conjunction with the show. Offered are a wide variety of U.S., world, and ancient coins and paper money in various floor and online sessions. In this preview article we will take look at the world side of things; in another article we take a closer look at offerings from around the field of American numismatics. All lots, including descriptions and photos,… 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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