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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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“One-man library” Q. David Bowers to contribute a weekly column starting on January 3

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

By Coin Update

The late, great, Ed Reiter once called Q. David Bowers a “one-man library” due to his propensity to not only produce a massive amount of content, but to imbue each and every article, column, or book with quality as well. Commencing Wednesday, January 3, 2018, Coin Update and Mint News Blog will have the pleasure of hosting a weekly column by the world-renowned numismatist and prolific author. Every Wednesday, both blogs will be featuring a regular piece by Bowers, who was named one of the Numismatists of the Century by COINage magazine. Bowers himself describes the columns as covering Full article at the source>

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

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Weekly World Numismatic News for December 10, 2017

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

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

This was an interesting week. Aside from trying to understand the impact of the new tax bill (H.R. 1) on the numismatic industry, I was hired by a widow to help liquidate an accumulation of coins her late husband collected. I took the job thinking that it could not be that difficult. She said that […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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United Kingdom: The Royal Mint unleashes the Red Dragon of Wales on new silver coin

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

By Michael Alexander

The Royal Mint has launched (4th December) one of the latest coins which is part of the ongoing and popular series entitled “The Queen’s Beasts.” This latest coin is one of ten heraldic Queen’s Beasts that can be seen cropping up through centuries of British Heraldry. Each beast has its own special story to tell and this series explores the Queen’s heraldic guardians and how they represent the Crown and its history.

The third coin in the series is dedicated to the Red Dragon of Wales, which captures the spirit and beauty of the Welsh nation. Dragons are one of the 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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Did you know that the buffalo on the “Buffalo Nickel” is not a buffalo at all?

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

By Press Release

While the official name is the Five Cent Indian head, this coin has come to be known in the hobby as a “Buffalo Nickel.” Peculiarly, the sturdy animal featured on the coin is not an actual buffalo — it is an American bison!

One may understandably have a hard time distinguishing between the animals. Early American settlers called bison “bufello” due to the similar appearance between the two animals, and the name “buffalo” stuck for the American mammal. Bison is a Greek word meaning ox-like animal while the term buffalo came from French fur trappers as “boeufs” (meaning ox or bullock) Full article at the source>

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

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Stack’s Bowers Galleries to present The El dorado Collection of Colombian Coins and Paper Money at the NY International Convention

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

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

The El dorado Collection of Colombian Coins and Paper Money, to be offered in two auction catalogs, is one of the finest ever cataloged and represents an important event in Latin American numismatics. The El dorado Collection is so sweeping in scope, that these catalogs are only the initial offerings, featuring many of the rarest and highest grade selections from this epic cabinet. Stack’s Bowers Galleries is pleased to be showcasing the first installment of this collection as part of their official auction January 11-13, 2018, during the New York International Convention at the Grand Hyatt Hotel in New York City. The… 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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Bitcoin: Digital bullion, or just digital?

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

By Brandon Christopher Hall

In a recent interview on the “Fast Money Halftime Report,” renowned trader Mark Fisher discussed the similarities between the current hype for the cryptocurrency Bitcoin and the silver rush seen in the late 1970s and 1980s. Fisher attributes Bitcoin’s rapid rise in value to its organic popularity (i.e., no meddling by Wall Street) and massive public interest. However, what truly separates Bitcoin from silver is that Bitcoin is a cryptocurrency, while silver is, and most likely always will be, considered a precious metal. Therefore, Bitcoin’s value as a currency is completely determined by the value placed on it by Full article at the source>

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

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The 1964 U.S. Proof and Uncirculated Sets heralded the first Kennedy half dollars

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

By Brandon Christopher Hall

Given the fact that we are now celebrating the centenary anniversary of the birth of President John F. Kennedy, I thought it would be prudent to discuss the first sets from the Mint to include the Kennedy half dollar: the 1964 U.S. Mint Proof Set and 1964 Mint Set. Each of these sets also included the Lincoln cent, Jefferson nickel, Roosevelt dime, and Washington quarter. The Proof Set coins were from the Philadelphia Mint, whereas each denomination in the Uncirculated Mint Sets was represented by a coin from Philadelphia and another from Denver. A notable feature of the 1964 Full article at the source>

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

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Poland: Precursor to independence, National Committee, is celebrated on new silver coin

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

By Coin Update

The National Bank of Poland have issued (15th November) a new coin which remembers the auspicious day when the establishment of Poland’s National Committee. The famed legislative body undertook the arrangements of the re-establishment of Polish independence after more than 146 years of partition.

With the precarious state of politics becoming more evident between the countries who had originally partitioned Poland: The Russian Empire, the Empire of Austria-Hungary, and the successor to the Kingdom of Prussia, Imperial Germany, the idea of an emerging independent Poland was becoming more of a reality. On the 4th June 1917, the president of the Republic Full article at the source>

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

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PMANA responds to the passage of Senate tax reform bill

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

By Press Release

Washington, D.C. — Early Saturday morning, the Senate passed its tax reform bill. Among the provisions is the removal of personal property from Section 1031 Like-Kind Exchanges (LKE). If signed into law, taxpayers will no longer be able to defer gains made on exchanges of like-kind property — including precious metals coins and bullion.

Leading up to the vote, Senator James Inhofe (R-OK) introduced an amendment that would have restored personal property exchanges to Section 1031, though the measure was never voted on.

The amendment was applauded by the Precious Metals Association of North America (PMANA) who — together with a nationwide Full article at the source>

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

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Latvia: Centenary anniversary of the Latvian Provisional National Council celebrated on new silver coin

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

By Michael Alexander

The Bank of Latvia have issued (4th December) a new silver coin which is in remembrance of the-then province’s first session of the Latvian Provisional National Council (LPNC) held in Valka 100 years ago, one of the most significant events which resulted in establishing Latvia’s statehood.

Between a complicated and vast war breaking out in Europe in late 1914 and the abdication of Czar Nicholas II in March 1917, circumstances all over the would-be former empire were about to change significantly. The nationalist sentiments in Finland and the three Baltic states of Latvia, Estonia, and Lithuania began to gain greater momentum, Full article at the source>

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

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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)

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Over $15.4 million in U.S. coins and currency sold at Stack’s Bowers Galleries’ official auction of the 2017 Whitman Coins & Collectibles Winter Expo

November 30, 2017 in News, Numismatica, Numismatics

By Press Release

SANTA ANA, CALIFORNIA — The official auction of the 2017 Whitman Coins & Collectibles Winter Expo held by Stack’s Bowers Galleries was an astounding success, realizing over $13.3 million across eight sessions of United States coinage and related issues. Nearly $2 million in paper money also crossed the block with superb results. The sale was highlighted by significant collections including the Cardinal Collection, the Alexander Collection, and the Murray Hill Collection, in addition to many other cabinets that created great excitement and attracted enthusiastic bidding. (All quoted prices to follow include the 20% buyer’s premium.)

An impressive offering of Numismatic Americana Full article at the source>

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

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Estonia unveils designs of commemorative coin programme celebrating centenary of independence

November 30, 2017 in News, Numismatica, Numismatics

By Michael Alexander

The Bank of Estonia have announced (14th November), that, as part of the Country’s national celebration of their centenary of independence proclaimed in 1918, they will be issuing several coins consisting of a silver collector coin, a gold coin, and a two-euro coin with a special design for the anniversary of the Republic of Estonia. The bank unveiled the chosen designs for their gold and silver issues and confirmed they will also participate in a joint-issue which will include a two-euro coin. The special design celebrates the centenaries of all three Baltic States, including Latvia and Lithuania, to recognise the Full article at the source>

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

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Weekly World Numismatic News for November 26, 2017

November 30, 2017 in Blogs, News, Numismatica, Numismatics

By scott The reason why I search for news about topics related to numismatics from outside the industry allows me to get an understanding of how others see numismatics. I find even the most innocuous story about a country considering redesigning their currency, a find of a coin thousands of years old, and how pocket change finds […]

Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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The Mint’s final product scheduled for 2017 to go on sale December 5 at noon

November 30, 2017 in News, Numismatica, Numismatics

By Brandon Christopher Hall

The final product the Mint has scheduled for 2017 is the George Rogers Clark National Historical Park 2017 Uncirculated Five Ounce Silver Coin from the Philadelphia Mint. There will be no household order or product limits, but the mintage limit is 25,000. The coin, and corresponding national park, honor the bravery and actions of Lieutenant Colonel George Rogers Clark and his men who fought valiantly during the American Revolution. Clark’s unexpected capture of Fort Sackville is still, to this day, considered one of the most monumental victories of the American Revolution. His capture of this fort also aided in the Full article at the source>

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

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A Thanksgiving gem at Stack’s Bowers

November 30, 2017 in News, Numismatica, Numismatics

By Brandon Christopher Hall

Recently, Stack’s Bowers held a successful auction at the 2017 Whitman Coins & Collectibles Winter Expo in which over $15.4 million worth of coins and paper money were exchanged. In a rather apropos fashion, Stack’s Bowers provided a bountiful selection of numismatic memorabilia very close to the year’s most bountiful holiday: Thanksgiving. In my own browsing of Stack’s Bowers Galleries, I happened across a relevant gem for the holidays: A 1934 Choice Uncirculated Abundance silver coin in lot 6347. The coin was designed by Albert Laessle and only 125 of them were ever struck. The striking beauty of the Full article at the source>

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

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Singapore: Year of the Dog features on new gold and silver collector coins

November 30, 2017 in News, Numismatica, Numismatics

By Michael Alexander

The Mint of Singapore have launched (21st November) a new set of Chinese-zodiac collector coins which depict images featuring the Year of the Dog. As the new year on the lunar calendar commences on the 16th February (according to the Gregorian calendar), we say goodbye to the Year of the Rooster and welcome in the Year of the Dog. The Chinese zodiac change their symbols in 12-year cycles, and every year, the lunar calendar highlights a unique zodiac sign which features either a mythical or a real-life animal, each with specific traits and qualities.

Those born under the sign of the Full article at the source>

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

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The enigma of Southern States currency

November 30, 2017 in News, Numismatica, Numismatics

By Coin Update

The following is an excerpt written by author Hugh Shull from the Guidebook of Southern States Currency

The initial foundation for this book can be traced as far back as my early childhood. When I was seven my father, Cothran H. Shull Sr., passed on to me a collection of old coins that he had inherited from his father. These were in a small tin pickle can along with a folded-up, badly torn, and falling apart 1864 Confederate States of America $5 bill. My coin-collecting interest spiked on and off over the next 48 years. All of those old coins Full article at the source>

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

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Portugal: Celebrated athlete Carlos Lopes is honoured on last Portuguese collector coin in “National Sports Heroes” series

November 30, 2017 in News, Numismatica, Numismatics

By Michael Alexander

The Imprensa Nacional Casa da Moeda (INCM) have announced (14th November) they are releasing three new collector coins which are part of the two-coin series “National Sport Heroes” commemorating personalities which achieved outstanding performances in their fields and who have left their mark close to the Portuguese nation as well as internationally. The new coins are also the second and last coin of the program, thus completing the series.

The second sports personality honoured in the series is Carlos Lopes, who was the winner of the marathon of the Los Angeles Olympic Games in 1984. Lopes is well-remembered as having brought Full article at the source>

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

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Canada: USS Enterprise is the focus for innovative first-ever space ship shaped silver coin

November 30, 2017 in News, Numismatica, Numismatics

By Michael Alexander

The Royal Canadian Mint have released a new silver coin which is in itself a first-ever, more a replica model rather than a coin with a traditional surface struck with a relief finish. Arguably one of the most famous starships of all, Star Trek’s celebrated USS Enterprise NCC-1701 is instantly recognizable by the rounded saucer shape and nacelles. This fictional spacecraft has a worldwide following all its own: the “Trekkies” (ardent followers of the television series) who have become experts on Star Trek and on the now-immortal crew who “boldly go where no man has gone before.”

Originally airing on the Full article at the source>

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

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Assembling sets by price rather than grade

November 30, 2017 in News, Numismatica, Numismatics

By Press Release

There’s something extremely satisfying about seeing (and even more so assembling) a beautifully matched set of coins. One of the main reasons it’s so satisfying is that it has undeniable eye appeal. The other reason is it’s an extremely difficult task to accomplish.

If you’re like me and you’d rather rush to complete your set and then take time to upgrade it, one way to do this is by assembling a set by price rather than grade. If you start with a reasonably low per-coin average price, your collecting mistakes may not cost you too much.

Let’s say, after reviewing key-date prices, Full article at the source>

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

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POLL: What are your numismatic gift plans for this holiday season?

November 30, 2017 in Blogs, News, Numismatica, Numismatics

By scott Welcome back from your Thanksgiving Break! Today is Cyber Monday. Cyber Monday is a modern invention created back when most people only had access to the Internet through a dial-up modem and would use their company’s faster connection to do online shopping following Black Friday. In the modern world, Black Friday does not have the […]

Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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