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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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Be Wary of So-Called “Trump Coins,” Cautions Professional Numismatists Guild

January 28, 2017 in Collecting, Education, Investing, Medals, News, Numismatica, Numismatics, Opinion, PNG Professional Numismatists Guild, Press Releases, PSA, Tokens, US Mint

CORRECTED: January 27, 2017
News media contact:
Robert Brueggeman, (917) 587-8300

Be Wary of So-Called “Trump Coins,”
Cautions Professional Numismatists Guild

 

(Temecula, California) – So-called “Trump coins” are being offered in the marketplace, and they may be delightful souvenirs, but in many cases should not be mistaken for “rare coins,” cautions the Professional Numismatists Guild (www.PNGdealers.org).  In some cases, the items being offered are not even actually coins despite how they’re advertised, according to the PNG.

“Buyers today may be bitterly disappointed tomorrow if they mistakenly thought these kinds of souvenir items would be great investments,” stated PNG Executive Director Robert Brueggeman.

The PNG is a nonprofit organization composed of many of the top rare coin and paper money experts in the United States and six other countries.

PNG President Dana Samuelson points out that the United States Mint has not issued any coins or medals depicting President Donald J. Trump.  

“The so-called Trump coins now in the marketplace are either privately issued tokens or medals and not legal tender coins; or are genuine U.S. Mint-produced coins that have been deliberately altered by private parties after they left the Mint; or are coins produced by foreign countries but usually intended only for collectors and not for circulation in those countries,” explained Samuelson.

Some of the “Trump coins” being sold to the public are touted as gold or silver plated, but PNG cautions that can be confusing or misleading to potential buyers.

“The plating may be simply a microscopically thin layer of silver or gold that’s worth only a dollar or two. These should not be considered as investments in precious metals.  These kinds of novelty items often have little or no secondary market value,” stated PNG Executive Director Robert Brueggeman.

PNG officials recommend that buyers and sellers contact members of their Accredited Precious Metals Dealers (APMD) program.  PNG-APMD members must adhere to a strict code of ethics in the buying and selling of coins and precious metals.

Information about APMD, its code of ethics and a directory of accredited dealers can be found at www.APMDdealers.org, or call the Professional Numismatists Guild at (917) 587-8300.

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Currency Readers Available for the Blind and Visually Impaired at No Cost to Them

February 8, 2016 in Bureau of Engraving and Printing, Currency, News, Press Releases, PSA, US Government

Press Release
Currency Readers Available for the Blind and Visually Impaired at No Cost to Them

 

In Observance of Low Vision Awareness Month, the Bureau of Engraving and Printing Encourages Eligible Individuals to Apply

Contact: Lydia Washington (202) 874-3487

Washington, DC – February 8, 2016 – The Bureau of Engraving and Printing (BEP), in partnership with the Library of Congress’ National Library Services for the Blind and Physically Handicapped (NLS), launched the U.S. Currency Reader Program in 2015 as a means for blind or visually impaired individuals to denominate U.S. currency. Now in its second year, the program provides U.S. citizens or legal residents with vision impairments a free currency reader device at no cost to them.

“To date, more than 35,000 currency readers have been distributed to eligible individuals and we have received a very positive response from the visually impaired community about their functionality. February is Low Vision Awareness Month and what better time to create additional awareness about the program and encourage others to apply for one,” said BEP Director Len Olijar.

The currency reader, called iBill®, is a small hand-held device that denominates all U.S. currency in circulation in one of three modes: a clear natural voice, a pattern of tones, or a pattern of vibrations for privacy. The vibration mode also assists people who are deaf and blind in identifying a note’s denomination. The device uses a single AAA battery, which is included.

Currency reader applications are processed and readers are shipped by the NLS, which also administers a free library program of braille and audio materials for U.S. residents and citizens living abroad.

To request a currency reader, individuals should complete the application located on BEP’s website at http://www.bep.gov/uscurrencyreaderform.html or call (844) 815-9388, toll free to request that an application be mailed.

BEP also offers two mobile device applications that allow users to scan a note and have the note’s value communicated back to the user. EyeNote®, an Apple iOS mobile application for denominating currency can be downloaded free from the Apple App Store and the IDEAL® Currency Identifier app for Android devices can be downloaded free from Google Play.

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