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Mike Fuljenz Honored At 2017 World’s Fair of Money

August 8, 2017 in ANA (American Numismatic Association), Awards, Coin Shows, Coins, Collecting, Education, Events, History, Investing, News, Numismatic Literary Guild, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild, Precious Metals, Press Releases, Prize Winners

News media contact:
Paul Stein, 409-860-9077

Mike Fuljenz Honored At 2017 World’s Fair of Money

Mike Fuljenz with his ICTA medal

Mike Fuljenz with his ICTA medal

(Denver, Colorado) August 7, 2017 – Rare coin and precious metals expert Michael Fuljenz, President of Universal Coin & Bullion of Beaumont, Texas (www.UniversalCoin.com), received an important national award at the recent American Numismatic Association 2017 Denver World’s Fair of Money® for his decades of anti-counterfeiting efforts.  

The Industry Council for Tangible Assets (www.ICTAonline.org) presented him with the Al Kreuzer Memorial Award medal for “outstanding contributions in the efforts to combat counterfeit coins and currency.”

Fuljenz is a long-time member of the ICTA Board of Directors and a member of their recently-formed Anti-Counterfeiting Task Force.  Since the 1980’s he has taught many counterfeit detection and rare coin authentication seminars for collectors, dealers and law enforcement officers.

“I am proud and honored to receive this award, and look forward to additional work with ICTA and other organizations to combat counterfeits and educate the public about the needs to buy and sell rare coins and precious metal bullion coins only with reputable, knowledgeable dealers, such as members of the Professional Numismatists Guild (PNG),” said Fuljenz.

Fuljenz is a member of the PNG’s Accredited Precious Metals Dealer program that requires all members to adhere to a strict code of ethics in the buying and selling of gold, silver and other bullion products. He now has won major awards from the four top organizations in the rare coin hobby and profession: the American Numismatic Association (ANA), Numismatic Literary Guild (NLG), Professional Numismatists Guild (PNG) and the Industry Council for Tangible Assets.

2017 NLG Ribbit Award winner David Hall with 2016 winner Mike Fuljenz, are distributed on behalf of Mike Fuljenz and Universal Coin & Bullion.

2017 NLG Ribbit Award winner David Hall with 2016 winner Mike Fuljenz, are distributed on behalf of Mike Fuljenz and Universal Coin & Bullion.

A strong consumer advocate, he received the prestigious PNG Sol Kaplan Award in 2016 in part for assisting an 84-year man recover the $84,000 he had paid to two unscrupulous dealers who sold him counterfeit American Eagle gold coins. Earlier, Fuljenz assisted a group of New Orleans physicians recover $750,000 after they unsuspectingly purchased counterfeit coins from a local attorney.

Summing up the rare coin marketplace during the ANA show in Denver, August 1 – 5, he commented:

“Really nice coins and important coins were in short supply, and highly desired by leading dealers and collectors at the show. These types of coins often brought impressive prices at auctions this week.   The United States Mint had long lines of customers wanting to buy their new products. The U.S. Treasury Department exhibits by the United States Mint and the Bureau of Engraving and Printing are always popular and educational.”

In addition to receiving an award at the World’s Fair of Money, Fuljenz presented two of them. As 2016 recipient of “The Ribbit,” an important honor presented annually by the NLG for outstanding service to the hobby, he presented the 2017 award to David Hall, co-founder of Professional Coin Grading Service.  “David is one of the top professional leaders of the hobby who certainly deserves recognition for all he has done to promote numismatic education,” explained Fuljenz.

As sponsor of the ANA’s top honor, the Farran Zerbe Memorial Award, Fuljenz co-presented it with ANA President Jeff Garrett to Brian Fanton of Iowa. “Brian surprised me at the ceremony by telling me he recalled how much he enjoyed taking one of my ANA coin grading seminars back in the 1980’s,” said Fuljenz.

Known as America’s Gold Expert®, Universal Coin & Bullion President Michael Fuljenz has won more than 60 prestigious national and regional awards and honors for his consumer education and protection work in rare coins and precious metals. His weekly Metals Market Report is available free at www.UniversalCoin.com.

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PMANA requests House Committee on Ways and Means to bring fairness to the taxation of precious-metal coins and bullion

July 28, 2017 in Blogs, Bullion, Coins, Education, Gold, Gold Bullion, Gold Coins, History, Investing, Legislation, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Politics, Precious Metals, Press Releases, Silver, Silver Coins, US Government, US Mint, USA Coins

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

The following press release is courtesy of the Precious Metals Association of North America (PMANA).


(Washington, D.C.)—Discussions surrounding tax reform have heightened in recent weeks, and the Precious Metals Association of North America (PMANA) has offered testimony before the House Committee on Ways and Means asking for a change in the Internal Revenue Code that would bring fairness to precious-metals bullion and coin investors, while also creating smart investment opportunities for Americans.

Since 1982, gains made on precious-metals bullion have been taxed at the ordinary income rate due to language defining such bullion as a “collectible.” Congress has made numerous attempts to… Full article at the source>

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

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Falkland Islands: Liberation is remembered with new silver crown coin

July 27, 2017 in Coins, Collecting, Commemorative, Education, History, Investing, New Releases, News, Numismatica, Numismatics, Precious Metals, Proof Coins, Silver, Silver Coins, UK Coins, Uncirculated Coins, World Coins

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

The government and Treasury of the Falkland Islands have issued (11th July) a new crown coin which remembers the 35th anniversary of the day the islands were officially and wholly liberated from invading forces of the Argentinian Army. The long-running dispute between Britain and Argentina over the ownership of the Falkland Islands was brought to a head on the 19th March 1982, when 50 Argentinians landed on South Georgia Island and hoisted their flag. Under the order of Leopoldo Galtieri, president of Argentina and head of the military junta in charge, the invasion of the Falkland Islands was declared on… Full article at the source>

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

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Israel: 50th anniversary of Jerusalem under one authority commemorated on new silver and gold coins

July 24, 2017 in Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Gold, Gold Coins, History, Israel Coins, New Releases, News, Numismatica, Numismatics, Precious Metals, Proof Coins, Silver, Silver Coins, World Coins

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

The Bank of Israel will issue (1st August) new gold and silver coins which mark the 50th year of the city of Jerusalem, which was brought under one single authority as a result of the Six-Day War in June 1967.

Throughout Jewish history, the holy city of Jerusalem has never been forgotten. The city is considered holy to each of the primary monotheistic religions, with Jerusalem remaining an eternal source of inspiration and focus of pilgrimage for people from all over the globe.

From 1947 (before the establishment of the Jewish state in 1948) until 1967, Jerusalem was a divided city. The… Full article at the source>

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

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Mexico: 35 is the new 25

July 13, 2017 in Blogs, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Education, History, Investing, Mexico Coins, New Releases, News, Numismatica, Numismatics, Offers, Precious Metals, Proof Coins, Silver, Silver Coins, World Coins

By: Gabriel Leif Bellman world.mintnewsblog.com (News and Commentary on World Coins)

Libertad collecting is a joyous hobby that rests somewhere between the adrenal-stimulating activity of cliff diving and the patient detail-sifting of prospecting sand. This year’s surprise offering from Mexico’s mint is a first. Like the Reverse Proof set of two years ago, it has a precedent: the collecting of bullion silver bars. It also pays homage to the Libertad’s roots as a bullion coin. This silver Proof set is issued in honor of the 35th year of the Libertad’s being offered by the mint as a bullion coin (and silver Proof, gold bullion, gold Proof, and even a rare platinum… Full article at the source>

Source: world.mintnewsblog.com (News and Commentary on World Coins)

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Four Are Arrested in Theft of Giant Gold Coin From Berlin Museum

July 13, 2017 in Burglaries, Coins, Gold, Gold Coins, News, Numismatic Crimes, Numismatica, Numismatics, Precious Metals, World Coins

By: David Shimer New York Times Topics (Numismatics)

The arrests were made in the theft of the 221-pound “Big Maple Leaf” coin from the Bode Museum. The coin has probably been melted or shattered, the authorities said… Full article at the source>

Source: New York Times Topics (Numismatics)

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Texas: Home of the first state-run bullion depository in the U.S.

June 20, 2017 in Blogs, Bullion, Gold, Gold Bullion, History, Investing, News, Numismatica, Numismatics, Precious Metals, US Government

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

The Texas state capitol building, Austin. (Photo by Ed Uthman)

The Texas state capitol building, Austin. (Photo by Ed Uthman)

Lone Star Tangible Assets (LSTA), an Austin-based firm, has signed a five-year contract with the government of Texas to manage the state’s bullion depository, which will be under the authority of the state comptroller general (currently Glenn Hegar).

Prior to the law authorizing the Texas Bullion Depository, such facilities were privately owned, with the exception of the massive depositories of the federal government. They tend to be clustered near the New York financial hub, in part because of COMEX requirements that its member depositories be located within 150 miles of New… Full article at the source>

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

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France: Endearing Disney character Scrooge McDuck features on latest “Youth Series” gold and silver coins

June 2, 2017 in Art, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Entertainment, France Coins, Gold, Gold Coins, Investing, Monnaie de Paris, New Releases, News, Numismatica, Numismatics, Precious Metals, Proof Coins, Silver, Silver Coins, World Coins

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

The Monnaie de Paris have unveiled a new series of coins which features one of Walt Disney Studios’ most engaging cartoon characters: Scrooge McDuck. The irrepressible duck with his affectation of a broad Scottish brogue has been part of the world of Disney now for 70 years.

Initially inspired by the Charles Dickens classic novel A Christmas Carol and its primary antagonist, Ebenezer Scrooge, Carl Barks came up with the quintessentially stodgy but lovable Scrooge McDuck in 1947. At the time, Banks was an author of comic-book stories for Western Publishing, an American comic-edition company, and was also working for Walt… Full article at the source>

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

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“Decay” inaugurates new high-relief silver series, “Gargoyles & Grotesques”

June 2, 2017 in African Coins, Blogs, Coins, Coins for sale, Collecting, Commemorative, Education, History, Investing, New Releases, News, Numismatica, Numismatics, Precious Metals, Proof Coins, Silver, Silver Coins, World Coins

By: World Mint News Blog world.mintnewsblog.com (News and Commentary on World Coins)

Proof finish. (Background photo of Washington National Cathedral by Carol M. Highsmith)

Ibex Coins, on behalf of the Republic of Chad, has released the first of an intriguing new series of high-relief silver coins called “Gargoyles and Grotesques.” The subjects, as the name suggests, are those strange and fantastical creatures that have decorated buildings since ancient times, peering from the peaks of gothic windows, crouching on rooftops, and scaring away evil spirits. A specific type of grotesque, the gargoyle, has an architectural purpose: it serves as a downspout, directing rainwater away from the sides of a building. The new series takes… Full article at the source>

Source: world.mintnewsblog.com (News and Commentary on World Coins)

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2017 American Eagle 1-oz. gold Uncirculated coin goes on sale today

June 1, 2017 in Blogs, Coins, Coins for sale, Collecting, Gold, Gold Coins, Gold Eagles, Investing, New Releases, News, Numismatica, Numismatics, Precious Metals, US Mint, USA Coins

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

(Photos courtesy of APMEX)

(Photo courtesy of APMEX)

Today (June 1) is the release date for the Mint’s annual American Eagle 1-ounce gold Uncirculated coin (17EH), which will be available from noon Eastern time. The Uncirculated and Proof AGEs are collector versions of the official U.S. Mint American Eagle gold bullion coins, differing with respect to finish and mintmark (which the bullion strike lacks). Each 22-karat (0.9127 fine) gold Uncirculated coin, denominated $50, is enclosed in a clear capsule housed in a blue, Mint-branded box, and comes with a certificate of authenticity.

(Individual, high-res photos courtesy of the U.S. Mint)

Each coin measures 1.287 inches in… Full article at the source>

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

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The SS Gairsoppa and the Great Silver Treasure

May 16, 2017 in Books, Coins, Collecting, Education, History, News, Numismatica, Numismatics, Opinion, Precious Metals, Ship Wrecks, Silver, Silver Coins, Treasure, Treasure Hunting, World Coins

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

In his richly illustrated new book The SS Gairsoppa and the Great Silver Treasure, Q. David Bowers explores the cultural scene and political and military developments that led up to the Second World War. Bowers, one of America’s preeminent historians, starts with the aftermath of the world conflict of 1914 to 1918. He colorfully describes the fabric of life in the United States and international events through the 1920s and 1930s. Then: the eruption of fresh hostilities in 1939 and immersion in a new global war. Ultimately Bowers’s focus is the 1941 maritime loss of a massive shipment of silver,… Full article at the source>

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

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Russia: New silver Proof coin commemorates poet Konstantin Balmont

May 12, 2017 in Blogs, Coins, Coins for sale, Collecting, Commemorative, Education, History, Investing, New Releases, News, Numismatica, Numismatics, Precious Metals, Proof Coins, Russian Coins, Silver, Silver Coins, World Coins

By: World Mint News Blog world.mintnewsblog.com (News and Commentary on World Coins)

As of May 2, 2017, the Central Bank of the Russian Federation has issued a silver Proof coin commemorating the 150th birth anniversary of poet Konstantin Balmont (1867–1942). The coin is the latest entrant in the series “Outstanding Personalities of Russia.”

The obverse bears a relief image of the Russian Federation’s coat of arms with the inscriptions РОССИЙСКАЯ ФЕДЕРАЦИЯ (Russian Federation) above the arms and БАНК РОССИИ (Bank of Russia) below them. Under the bank name is the denomination, 2 РУБЛЯ (2 rubles) and the… Full article at the source>

Source: world.mintnewsblog.com (News and Commentary on World Coins)

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PCGS To Attribute Branch Mint Marks on Silver Eagles

April 6, 2017 in Coins, Collecting, Grading, News, Numismatica, Numismatics, PCGS (Professional Coin Grading Service), Precious Metals, Press Releases, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

PCGS Logo

Professional Coin Grading Service logo

April 6, 2017

Media contact: Steve Sloan, (949) 567-1223

PCGS To Attribute Branch Mint Marks on Silver Eagles

UPDATE 4/7/2017 9:22AM PST: For 2014-2017 boxes that have a sticker on the side that includes the designation “WPM”, PCGS believes that these boxes, regardless of their serial number, originated in West Point. Therefore, at this time, and until we receive further clarification from the U.S. Mint, we will not be attributing such boxes to Philadelphia or San Francisco.  

Acting upon the original documents provided to Coin World in response to a Freedom of Information Act (FOIA) request, Professional Coin Grading Service is pleased to announce that it will attribute certain 2014 through 2017 American Silver Eagles with a “mint mark” indicating where the coin was struck.

Officially, American Silver Eagles during this period were minted at the West Point Mint, and in fact, most American Silver Eagles were in fact struck at that branch. However, due to high demand, the U.S. Mint used the facilities in San Francisco and Philadelphia to augment the production of the West Point Mint.

Until now, the information about how many American Silver Eagles were made in each of the other branches has not been released to the public. Instead, the Mint’s figures officially reflected the total mintage, and listed those mintages as having been produced at West Point.

However, the FOIA documents reveal a method of identifying where a given box of Silver Eagles was minted. Following this method, PCGS will attribute coins from such boxes as having been produced at the branch mint at which it was made.

For example, a Silver Eagle minted in Philadelphia in 2015 would be attributed “2015-(P)”. The mintage figures, and how to identify them, are set forth in the tables below.

 

San Francisco Mint

Year

Mintage

Box #/Identification

2014

7,025,000

Red banding

2015

0

N/A

2016

4,650,000

Various 6 digits starting with 4

2017

3,000,000

Various 6 digits starting with 4

 

Philadelphia Mint

Year

Mintage

Box #/Identification

2014

0

N/A

2015

79,640

Various 5 digits starting with 1

2016

1,151,500

Various 6 digits starting with 5

2017

1,000,000

Various 6 digits starting with 5

 

West Point Mint

Year

Mintage

Box #/Identification

2014

23,450,000

Various 6 digits; All WP started in 1,2, or 3

2015

46,920,500

Various 6 digits; All WP started in 1,2, or 3

2016

31,900,000

Various 6 digits; All WP started in 1,2, or 3

2017

5,425,000

Various 6 digits; All WP started in 1,2, or 3

Owners of Mint-sealed boxes of American Silver Eagles from 2014 to 2017 can find the box number, which is written in black marker, and determine the specific branch mint.

Contact Mark Stephenson (mark@collectors.com) or Daniel Kedem (dkedem@collectors.com) for more information on PCGS Bulk Services, including how to submit bulk quantities of 2014 to 2017 American Silver Eagles.

Founded in 1986 by distinguished numismatic experts, Professional Coin Grading Service is the most respected coin authentication and grading company in the world and has offices in Hong Kong, Shanghai, Paris and the United States. For more information on PCGS and its services, visit www.PCGS.com.  

Editor’s Note: PCGS is continuing to research this matter. Since publishing this press release, PCGS has been alerted to the fact that the FOIA response may be incomplete with respect to the 2015 Philadelphia Silver Eagles; we are pursuing clarification from the U.S. Mint. For up to date information, please contact Mark Stephenson at mark@collectors.com or Daniel Kedem at dkedem@collectors.com.

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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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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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2017 palladium American Eagle design mock-ups revealed

March 17, 2017 in Blogs, Bullion, Coins, Collecting, Education, History, Investing, Numismatica, Numismatics, Palladium, Palladium Coins, Precious Metals, US Mint, USA Coins

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

Mockup of the proposed design for the 2017 palladium American Eagle coin. (U.S. Mint photo, via Coin World)

Mockup of the proposed design for the 2017 palladium American Eagle coin. (U.S. Mint photo, via Coin World)

In an article by Paul Gilkes, Coin World has shared U.S. Mint mock-ups (shown above) for the 2017 palladium bullion coins. The obverse is an exact and finely detailed rendering of the classic Winged Liberty dime obverse by Adolph A. Weinman. The word LIBERTY encircles the field above the effigy, while IN.GOD / WE.TRUST is placed in the lower left field, the designer’s initials in the lower right field, and the date, 2017, below Liberty’s neck. The matte gray… Full article at the source>

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

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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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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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How the Mint audits the nation’s deep-storage gold

March 1, 2017 in Blogs, Education, Gold, Gold Bullion, Gold Coins, History, Investing, Legal, Legislation, Numismatica, Numismatics, Opinion, Precious Metals, US Government, US Mint

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

Weighing-gold

The status of the U.S. gold reserves has long been a point of discussion, as all information on the subject is closely guarded by the Treasury. Although information on annual audits is available, the average person is unaware of it; and even those who know it exists generally don’t know where to find it. Couple these facts with the public’s widespread distrust of Congress and government agencies, and it’s no wonder that rumors about the nation’s gold supply have run rampant for decades. Nearly every coin and/or investment forum on the Internet, if you dig deeply enough, has hosted discussions Full article at the source>

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

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What’s the meaning of the citrine gemstone in this giant-sized coin?

January 10, 2017 in Australian Coins, Blogs, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Education, History, Investing, News, Numismatica, Numismatics, Offers, Perth Mint, Precious Metals, Silver, Silver Coins, World Coins

By: Blog Team Perth Mint Blog

gemeye-rooster_composite525

Citrine has been advocated by various groups over time for a variety of alleged powers and benefits.

For instance, it’s known as the ‘success stone’ by those who believe in its ability to promote prosperity and abundance, especially in business, where it’s also earned the nickname the ‘merchant’s stone’.

Said to radiate positive energy, citrine is worn next to the skin by people who credit it with healing properties – particularly in the case of stomach disorders.

On an emotional and spiritual level, others avow its ability to inspire optimism, generosity and enlightenment.

This 2017 Gemstone Edition includes a yellow citrine in the rooster’s… Full article at the source>

Source: Perth Mint Blog

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Blockchain Technology Allows Digital Investment in Precious Metals

December 1, 2016 in Crypto Currency, Currency, Digital Currency, Education, Gold, History, News, Numismatica, Numismatics, Opinion, Precious Metals, Royal British Mint, Virtual currency

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

blockchain-main-img

This morning there was a post on LinkedIn that caught my eye. It was a piece from the Telegraph that talked about how the Royal Mint is going to begin offering gold trading using blockchain technology.

If you’re asking yourself what “blockchain” means, I’m sure you’re not alone. I knew the term was somehow related to cryptocurrency, but that was all. I spent a couple of hours reading and bouncing ideas off my three-year-old, always a good sounding board, and decided to write a little bit about it.

Blockchain Technology

This is the technology that Bitcoin is based on. Don’t let words like… Full article at the source>

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

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Spain: “Treasures of Spanish Museums” Latest Series Launches with Spectacular Gold Coin and Silver Coin Set

November 30, 2016 in Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Education, Euro Coins, Gold, History, Investing, New Releases, News, Numismatica, Numismatics, Precious Metals, Proof Coins, Silver, Silver Coins, Spain Coins, Spanish Coins, Treasure, World Coins

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

spain-2016-triptych-bosch-silver-coins-a

The Fabrica Nacional Moneda y Timbre / Real Casa de la Moneda have launched their latest set of coins in their very popular “Treasures of the Spanish Museums” series, which debuted in 2013. This is the fourth collection and this year includes four coins–three silver and one gold. The series focuses on some of Spain’s most beloved and well-known masterpieces, capturing them in precious metals, meticulously detailed and engraved. A total of 12 paintings, many of them displayed in Spain’s various national museums throughout the country, have been selected for feature in the series. For the 2016-dated collection, the Real… Full article at the source>

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

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Precious Metals Update: Bullion Sales Up

September 21, 2016 in Bullion, Coins, Coins for sale, Collecting, Gold, Gold Bullion, Gold Eagles, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

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

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The U.S. Mint’s authorized purchasers (AP’s) bought 945,000 2016 American Eagle silver bullion coins last week, well up from 170,000 pieces sold during the previous period.

One-ounce Silver Eagles have sold 30,155,500 pieces so far this year. As we are currently 72% of the way through 2016 and sales for these issues have reached only 64% of last year’s total of 47 million ounces, ASE sales remain unlikely to reach last year’s total.

Gold’s value decreased by $10.80 an ounce during the past week. Gold is now appraised at $1,313.80 according to the London Bullion Market Association. The value… Full article at the source>

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

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U.S. Mint Shares New Images of Standing Liberty Quarter Centennial Gold Coin

August 18, 2016 in Coins, Coins for sale, Collecting, Commemorative, Gold, Gold Coins, History, New Releases, News, Numismatica, Numismatics, Precious Metals, Quarters, US Mint, USA Coins

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

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The U.S. Mint’s Web site now features official images of the 2016 Standing Liberty Quarter Centennial Gold Coin, which will become available on September 8. Production of the issue will be limited to 100,000 coins and a one-coin-per-household order limit has been established.

The price of the coin will be revealed closer to the item’s launch-date, since the Mint will appraise the value of the issue in accordance with the fluctuating market price of gold. The Mint’s full pricing chart for this year’s Centennial gold coins can be viewed here.

The Standing Liberty obverse… Full article at the source>

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

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Over 17,000 2016 Platinum Eagle Bullion Coins Sold on First Day

July 26, 2016 in Blogs, Coins, Coins for sale, Collecting, Investing, New Releases, News, Numismatica, Numismatics, Offers, Opinion, Platinum, Platinum Coins, Precious Metals, Proof Coins, US Mint, USA Coins

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

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The U.S. Mint opened sales of 2016 American Eagle One-Ounce Platinum Proof Coins today, a release that was met with enthusiasm from the Mint’s authorized purchasers (AP’s). According to the most recent bullion sales numbers, the Mint sold 17,100 Platinum Eagles today, quite a large total when considered alongside the total mintages for one-ounce Platinum Eagles from other years.

At 17,100 pieces sold, the 2016 bullion APE’s now have the fifth-highest mintage ever for these issues, which were initially issued in 1997. The first three years these coins were available — 1997, 1998, and 1999 — the… Full article at the source>

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

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