Saturday, May 26, 2007

$500 Million Shipwreck Treasure's Fate a Toss-Up, Experts Say (

In what could be the richest deep-sea treasure ever found, explorers last week pulled up hundreds of thousands of colonial-era coins from a shipwreck in the Atlantic Ocean.

The silver and cold coins could fetch as much as 500 million U.S. dollars, some experts predict.

But now, Odyssey Marine Expeditions, the Florida-based company that discovered the coins, . . .

Full story at: 2007/05/070524-ship-treasure.html

How to Make Money With John Adams Presidential Dollar Coins (

While there is no guarantee that this will work, you also don’t have a lot of risk involved if it doesn’t since you’re buying the coins at face value - plus a big upside if there are error coins that happen to be in your rolls.

Whenever the US Mint comes up with a new concept for circulating coins, it inspires a new bunch of collectors and investors. That has certainly happened with the Presidential Dollar Series, which began earlier this year.

First impressions of the George Washington $1 coins were luke warm, but then collectors started discovering errors. In some coins mostly originating from northern Florida, the lettering on the edge was missing. Whether intentional or not, the Mint’s lack of quality control helped fuel a frenzy on eBay, in which people were selling error coins for well over face value. In the latest auction to close while writing this post, a certified error coin sold for over $164. Uncertified error coins are fetching over $50 a piece. . . .

Even rolls in which there only might be error coins are selling for a slight premium, usually around $30 a roll when the face value is $25. . . .

Full story at: 2007/05/23/how-to-make-money-with-john- adams-presidential-dollar-coins/


Coins provide sense of pride, accomplishment, while generating exposure and financial gain for the Tribe.

Torrance, CA/May 26, 2007/FPSnewswire/-- The United States has issued many coins featuring American Indians. Now the Indians have turned the tables...and have issued their own coins! Panda America Corp., based in Torrance, California and located just 20 miles from downtown Los Angeles, is the leading commemorative coin company in the United States. They are currently working with Native American Indian Tribes on a series of officially minted coins depicting specific tribes that helps to build bridges of understanding between Indian Tribes and American citizens.

The coin series began in 2002; with two tribes that they currently work with: the Poarch Band of Creek Indians and the Shawnee Tribe. The coins attracted considerable amount of attention not just in the coin industry, where collectors are consistently searching for American History items, but also among . . .

Full story at:

Silver Surfer Coins Illegal, Says U.S. Mint (

Promotion for new Fantastic Four movie stirs legal trouble.

The folks behind Fantastic Four: Rise of the Silver Surfer have come up with a new promotion for the flick. They’ve put the Surfer on quarters. Twentieth Century Fox and The Franklin Mint collaborated to alter 40,000 U.S. quarters. The problem with this is that the U.S. Mint was not aware of the plan. They issued a news release on Friday to inform both the studio and the mint that it is against the law to alter these coins. The law prohibits the use of coins as advertising vehicles, and fines are applicable to violators.

The coins altered were California state quarters from 2005. They are set for release at the end of Memorial Day weekend . . .

Full story at:

Wednesday, May 23, 2007

Adams Presidential Dollar - Double Edge Lettering Error Photos (

I don't know why this particular Presidential Dollar error makes my heart skip a beat, but I find it utterly fascinating. Perhaps it's the irony; while everyone else was so focused on finding coins that had missing edge lettering, these coins got that lettering twice. Maybe it's the awesome rarity...most experts agree now that the number of Washington MELs (Missing Edge Lettering dollars) easily exceeds 100,000 specimens, but fewer than ten Presidential dollars are known with double edge lettering. . . .

Full story at:

Major 2006 Doubled Die Penny . . . (

Major 2006 Doubled Die Penny Featured in Die Variety News #7

Variety coin guru Billy Crawford has published the 7th issue of his outstanding (and free) Die Variety News magazine. The lead article is about a remarkable find that should excite all of those who love to hunt for valuable coins in their pocket change. Collector Robert Tingle has discovered a major 2006 doubled die Lincoln Memorial Cent! . . .

Full story at:

Tuesday, May 22, 2007

2007 American Buffalo Gold Proof Coins Available Beginning May 23 (Southwest Nebraska News, NE)

WASHINGTON – The United States Mint today announced that the 2007 American Buffalo Gold Proof Coin will be available May 23, 2007, beginning at noon (ET).

Bearing the “W” mint mark of the United States Mint at West Point, the 2007 American Buffalo Gold Proof Coin contains one ounce of 24-karat pure gold (.9999). This exquisite coin is carefully produced with dies that have been polished to a mirror finish and frosted design. The American Buffalo has a $50 denomination, but its gold content is worth considerably more.

The American Buffalo was the first 24-karat pure gold coin issued by the United States for sale to the public last year. More than 251,000 American Buffalo Gold Proof Coins have been sold since their debut in June 2006. . . .

Full story at: articles/

Square coins go on display (Border Mail, Au)

THE Australian square penny was an idea born at a time of renewed national spirit, but which died amid public apathy.

But the concept’s quick death has ensured square pennies and halfpennies are among the nation’s rarest and most valuable coins. . . .

Full story at: bm/national/792474.html

Monday, May 21, 2007

Odyssey Marine Exploration Provides "Black Swan" Shipwreck Treasure Information Update (Press Release)

Tampa, FL - May 21, 2007- Since the announcement by Odyssey Marine Exploration, Inc. (AMEX:OMR) of the recovery of over 500,000 coins from the shipwreck code-named "Black Swan", intense international media coverage has led to many questions that the Company would like to address.

In addition to the following questions and answers, additional information on the shipwreck can be accessed in the "Black Swan Question and Answer" section of Odyssey's website at, or a copy may be obtained by contacting the Company.

1. It has been widely reported that this shipwreck could be worth up to $500 million. What is the Company's position on this? . . .

Full story at:

Shipwreck Treasure Brings Claims, Rumors (AP)

TAMPA, Fla. - Deep-sea explorers who found what could be the richest-ever shipwreck treasure said Monday that the reaction to their discovery has overwhelmed them. Meanwhile, claims on the loot started coming in even as they were exploring new waters _ television and movie deals.

Odyssey Marine Exploration on Friday announced the recovery of more than 500,000 Colonial-era silver and gold coins possibly worth $500 million. . . .

Full story at: 669184.html&cvqh=itn_treasure

Sunday, May 20, 2007

John Adams Presidential Dollar Errors (

It should come as no surprise to coin collectors that some mint errors are being found among the John Adams Presidential Dollars, which were officially placed on sale this past Thursday, May 17. I've had a scattering of reports, most of them minor, and some of them recurring on the reverse in the same fashion as they are known for the Washington Presidential Dollars. However, I have one report of a major error on the Adams Dollar: A double set of edge lettering! Judging by the photos I have seen, (which I hope to have permission to post here later today,) the coin went through the edge lettering machine twice, with the lettering oriented in the same direction each time.

At least five specimens are known of the double edge lettering on the Washington Dollar, which makes this error exceedingly rare considering that the mintage was around 300,000,000 coins. . . .

Full story at:

Coin Collectors: Potential Exists for Lower Grades (

For years many numismatists have proclaimed, “Buy the best coin for the grade your money will allow.” What this means is the collector should select the highest graded coin for the particular series that their budget will withstand. Many collectors, like dealers, try to have a fixed amount of cash in reserves just in case that special coin comes along and they are the lucky recipient of the opportunity. For example, the advanced West Coast collector who just spent $5 million for the finest known Proof66 1913 Liberty Head Nickel. This was the Eliasberg coin and was most recently owned by Legend Numismatics. However, not every collector can afford to spend this much money on just one coin. What about the other 1913 Nickels? Just because they are not the finest, does that mean they are not desirable?...Hardly. Granted, this is a unique specimen, but it lays the philosophical groundwork for all other collector coins. If we all collected the same way every collection would contain the finest known coins and all the rest of the lower grades would be virtually worthless. Fortunately, we don’t and they aren’t. . . .

Full story at: news/viewarticle.asp?IDArticle=455

Secrets, Mistakes on Money & Gold Rush Exhibits at Long Beach Expo (

The May-June 2007 Long Beach Coin, Stamp & Collectibles Expo continues the show's long-running tradition of presenting exhibits of rare, unusual, historic and valuable collectibles.

(Long Beach, California) -- A special "funny money" display entitled, "Looking for Secrets and Mistakes on Currency," and a multi-million dollar exhibit of Gold Rush era coins will be featured at the Long Beach Coin, Stamp & Collectibles Expo in the Long Beach, California Convention Center, 100 S. Pine Ave., May 31 - June 2, 2007. The three-day show is open to the public.

"The display will showcase examples of paper money from Colonial times to the present with mistakes or hidden features," said Ronald J. Gillio, Expo General Chairman.

"One of the exhibit's fascinating items is a five-cent denomination fractional currency note issued during the Civil War in 1864 with the wrong portrait. It was supposed to honor William Clark of the famous Lewis & Clark Expedition, but instead Spencer Clark, a Treasury Department official, put his own portrait on the note! That led to a federal law prohibiting the appearance of any living person on our paper money," Gillio explained.

The exhibit will be displayed courtesy of Stack's of New York City and Wolfeboro, New Hampshire.

As part of a Gold Rush era exhibit, Monaco Rare Coin of Newport Beach, California will display . . .

Full story at: keys=coins-stamps-collectibles

Spanish Government concerned at Odyssey treasure find (

(A.C. Dwyer - The drama just keeps getting better)

17 tons of silver and gold has been found, but the Odyssey company has not said where

The Spanish Guardia Civil are now keeping a close watch on the United States exploration vessel ‘Odyssey Explorer’ following the announcement that they have found the largest ever amount of treasure on the sea bed.

The increased control comes at the request of the Spanish Ministry of Culture in the face of a possible crime of the theft of Spanish heritage by the United States company.

500,000 silver and gold coins now look like being at the centre of a battle between Odyssey Marine Exploration and the Spanish state. . . .

Full story at: article_10544.shtml

£250m pirate treasure 'stolen' by Americans (Daily Mail, UK)

(A.C. Dwyer - Best overall article on the topic yet. If it was the Merchant Royal discovered, then I'm guessing the coins are possibly Mexican in origin.)

The treasure hunters who recovered gold and silver worth an estimated £250million from a shipwreck off Cornwall spirited their haul to the United States in an apparent attempt to stop Britain staking a claim.

In a highly secretive operation, American firm Odyssey Marine Exploration worked on the wreck of an English ship, believed to be the 17th Century Merchant Royal, less than 40 miles from the British coast.

But Odyssey carefully avoided landing their treasure on UK soil.

If the 17 tons of coins, gold ornaments and tableware had been brought ashore, Odyssey would have been obliged to inform the Government's Receiver of Wreck, which would probably have impounded the haul, triggering a potentially lengthy legal row about ownership rights. . .

Full story: news/news.html?in_article_id=456350&in_page_id=1770

Saturday, May 19, 2007

$500 Million shipwreck treasure found off Cornwall (BBC News)

Record wreck 'found off Cornwall'

A record haul of half a million silver and gold coins from a 17th Century shipwreck may have been found just 40 miles from Land's End, an expert said.

US treasure hunters said the coins, worth an estimated $500m (£253m), were recovered in the Atlantic Ocean.

But Odyssey Marine Exploration, who described it as the largest find of its kind, refused to pinpoint the location.

US coin expert Dr Lane Brunner said there was evidence the shipwreck was lying off the Cornish coast. . . .

Full story at:

The Franklin Mint Expresses Interest in Acquiring Recently Shipwrecked Coins from 'Black Swan'

The Franklin Mint, which recently offered treasure from the El Cazador shipwreck in one of the most successful sales of authentic coins in history, today announced its interest in pursuing discussions with Odyssey Marine Exploration (AMEX:OMR) to acquire all or part of the immense treasure trove of silver and gold coins recently discovered along with the “Black Swan“ shipwreck.

The Franklin Mint is no stranger to multi-million dollar “buried treasure“ finds. This March, the company announced that it had acquired hundreds of thousands of coins from the famous El Cazador, “the shipwreck that changed the world“ by sparking a series of events that led to the Louisiana Purchase and the doubling in size of the United States over 200 years ago. This was the most historically impactful find of its kind in U.S. history.

“Coins recovered from shipwrecks are truly one-of-a-kind pieces of treasure . . .

Full story at:

John Adams Presidential dollar coins now on sale

Nation's Second President on Dollar Coin

WASHINGTON (AP) - The second dollar coin in the new presidential series goes into circulation around the country on Thursday with the U.S. Mint hoping it can turn 18th century statesman John Adams into a 21st century marketing phenomenon.

After two famous flops in Susan B. Anthony and Sacagawea, the U.S. Mint believes it now has the right strategy for success. But there are still plenty of naysayers around who believe a dollar coin will never gain wide acceptance unless the government gets rid of the dollar bill.

The Mint's new formula has borrowed from the 50-state quarter program, the most popular coin program in history, which has lured millions of Americans into becoming coin collectors. . . .

Full story at:,,-6639221,00.html

Friday, May 18, 2007

Shipwreck Yields Estimated $500 Million Haul

TAMPA, Fla. - Deep-sea explorers said Friday they have mined what could be the richest shipwreck treasure in history, bringing home 17 tons of colonial-era silver and gold coins from an undisclosed site in the Atlantic Ocean. Estimated value: $500 million.

A jet chartered by Tampa-based Odyssey Marine Exploration landed in the United States recently with hundreds of plastic containers brimming with coins raised from the ocean floor, Odyssey co-chairman Greg Stemm said. The more than 500,000 pieces are expected to fetch an average of $1,000 each from collectors and investors. . . .

Full story at: Shipwreck Article

More photos here: Miami Herald Photos

Want info on how to acquire some of the coins? Go here:

Checkout other shipwreck coins recovered by Odyssey in The Arlington Collection.

Checkout my blog entry here:

Saturday, May 12, 2007

China points to Canadian ‘poppy spy coin' case to deny charges (Globe and Mail, UK)

BEIJING — In a new effort to discredit Canadian spying charges, China has seized on the infamous case of the “poppy coin,” the Canadian coin that triggered a false espionage warning in the United States.

In a lengthy article this week, a state-owned newspaper used the poppy-coin incident to ridicule Canada's allegation that as many as half of all foreign spies in Canada are working for China.

The 25-cent piece . . .

Full story at: servlet/story/RTGAM.20070512.china-spy12/BNStory/ International/home
Additional spy coin story can be found here.

President John Adams would like ‘his’ Presidential dollar coin - In finances he was prudent . . . (The Patriot Ledger, MA)

Adams would like ‘his’ coin - In finances he was prudent, author says

As a frugal Yankee, John Adams didn’t consider the deal he struck in 1782 an entirely happy one.

Seven years into the American colonies’ battle for independence from Great Britain, the future president and then-ambassador to the Netherlands had secured a crucial first loan from the Dutch.

But Adams’ diplomatic success came at a stiff price - 5 percent interest, at a time when other nations got rates of less than 4 percent and the fledgling nation hardly had a treasury to pay back the millions they had borrowed.

For a man who shunned debt of any kind, ‘‘he must have done the deal holding his nose,’’ said New York finance writer and Adams biographer James Grant. ‘‘He knew it was a necessary evil.’’

Grant and Pulitzer Prize-winning author David McCullough say Adams would likely think much better of the good, solid $1 coin that the U.S. Mint and Adams National Historical Park are preparing to release in Quincy on May 22.

The Adams dollar will get its public debut that day with a ceremony outside City Hall and exchanges of the coin for paper dollars at local banks and retail businesses.

The second in the Mint’s new series of presidential coins, after George Washington’s, the new coin marks the first time Adams’ image has ever been on regular metal or paper currency. . . .

Full story at:

United States Mint Offers First Spouse Coins Pure Gold Coin Series Is First to Feature Women (Press Release)

WASHINGTON – The United States Mint announced today that it will begin taking orders for the Martha Washington and Abigail Adams First Spouse Coins at 12:00 noon (ET) on June 19, 2007. The First Spouse Coins mark the first time the United States Mint has featured women on a consecutive series of coins.

Each First Spouse Coin will be a half-ounce of pure gold in proof or uncirculated versions. The coins will have a denomination of $10, but the 24-karat gold content will be worth considerably more than that. Bronze duplicate medals may also be ordered.

The first four coins in this multiple-year series will honor . . .

Full story at: pressroom/index.cfm?action=press_release&ID=777

Ancient Roman coins snapped up by museums (Hampshire News, UK)

ROMAN treasures unearthed near Winchester have been saved for the community with the help of a council grant.

The council's museums service has given more than £1,000 for three separate hoards of coins, found by a local metal detector enthusiast.

The hoards comprise seven silver siliquae, one gold aureus, 23 silver denarii and three late Iron Age gold staters found with six silver denarii.

The coins range in date from 113BC to AD37, some inscribed with the name Julius Caesar.

The 40 coins, valued at . . .

Full story at: hampshirenews/display.var.1390762.0.roman_coins_ snapped_up_by_museums.php

Lawmakers push for coin commemorating civil rights movement (Springfield News Sun, OH)

WASHINGTON — Images of a beaten and bloodied young black man from Troy, Ala., named John Lewis helped push President Lyndon Johnson and Congress to respond to the civil rights movement. Now a congressman from Georgia, Lewis wants to commemorate the movement with a limited-edition silver dollar marking the 50th anniversary of the Civil Rights Act.

"I'd be one of the first people in line to buy one," the Atlanta Democrat said.

Lewis has joined with Rep. Deborah Pryce of Ohio to introduce legislation calling for the U.S. Mint to produce 350,000 $1 coins marking the golden anniversary of the landmark law's signing in 1964. Among other things, the law barred restaurants, hotels and other public places from denying service to blacks and outlawed employment discrimination against women and minorities.

The 2014 coin would be sold . . .

Full story at: oh/story/news/local/2007/05/11/ sns051107civilrightscoin.html

Friday, May 11, 2007

Spy coin? Nope. Just an odd-looking Canadian quarter (

The only real danger of this thing is that it will keep you from getting a Coke out of the vending machine.

WASHINGTON (AP) -- An odd-looking Canadian quarter with a bright red flower was the culprit behind a false espionage warning from the Defense Department about mysterious coins with radio frequency transmitters, The Associated Press has learned.

The harmless "poppy quarter" was so unfamiliar to suspicious U.S. Army contractors traveling in Canada that they filed confidential espionage accounts about them. The worried contractors described the coins as . . .

Full story at:

Sunday, May 06, 2007

Odyssey's SHIPWRECK! Pirates & Treasure To Open At The Museum Of Science & Industry In Tampa, FL (Press Release)

TAMPA, Fla.-(Business Wire)-April 24, 2007 - Odyssey Marine Exploration, Inc. (AMEX:OMR), a leader in the field of deep-ocean shipwreck exploration, announced that its subsidiary, Odyssey Marine Entertainment, Inc., will open SHIPWRECK! Pirates & Treasure, an interactive shipwreck and treasure exhibit at the Museum of Science & Industry (MOSI) in Tampa, Florida. The exhibit is scheduled to run from June 22, 2007 through January 31, 2008. . . .

. . . While the exhibit displays authentic artifacts from many different shipwrecks, the spotlight is on treasures and artifacts of the SS Republic. This Civil War-era ship sank during a hurricane off the coast of Georgia in 1865. Odyssey discovered the wreck of the Republic nearly 1,700 feet below the surface of the Atlantic Ocean in the summer of 2003 - nearly 138 years after the ship went down. More than 51,000 gold and silver coins, and approximately 14,000 additional artifacts, were recovered in the world's most extensive deep-ocean archaeological excavation. . . .

Full story at: odysseys-shipwreck-pirates-treasure-to-open-at- the-museum-of-science-industry.html

PCGS Opens German Coin Set Registry (Press Release)

Newport Beach, CA - The rapid growth of the popular PCGS Set Registry program continues with the opening on Friday, May 4, of a new registry section for German coins.

"We now have three new general categories encompassing about 40 set composites of dates and basic types for PCGS-certified German coins: German Empire 1873 - 1918; Weimar Germany 1919 - 1933; and West Germany 1948 - 2001," said Ron Guth, PCGS President. . . .

Full story at: article_view.chtml?artid=4953&universeid=313

PCGS to Recognize Orientation of Edge Lettering on Presidential Dollar Coins (Press Release)

Effective immediately, PCGS will begin recognizing the up or down orientation of the edge lettering on Presidential Dollars, as follows:

POSITION A - Edge lettering reads upside-down when the President's portrait faces up

POSITION B - Edge lettering reads normally when the President's portrait faces up

The Mint applies edge lettering to the Presidential Dollars in a separate process after the coins are struck by the obverse and reverse dies. Although the orientation of the lettering is expected to be random, the relative rarity of Positions A and B has not been determined. However, neither position is expected to be rare because of the large numbers of Presidential Dollars that have been (and will be) produced. . . .

Full story at: article_view.chtml?artid=4946&universeid=313

Eliasberg 1913 Liberty Nickel, PCGS PR-66, Sold for $5 Million (Press Release)

(Santa Barbara, California) - An unnamed California collector has paid $5 million for the Eliasberg specimen 1913 Liberty Head nickel, a record price for the coin and the second highest price ever paid for any rare coin.

It is graded Proof-66 by Professional Coin Grading Service, and is the finest of the five known 1913 Liberty Head nickels.

"The new owner is a long-time Southern California resident and a dedicated collector of historic United States rare coins," said Santa Barbara coin and jewelry merchant, Ronald J. Gillio, who negotiated the sale between the collector and the sellers, Legend Numismatics of Lincroft, New Jersey and Washington state business executive, Bruce Morelan.

Legend and Morelan jointly purchased the coin from New Hampshire dealer, Ed Lee, in May 2005 for a then-record price of $4,150,000.

Gillio said he talked with the collector about the coin for over three months.

"We spoke many times in recent months about the coin's legendary numismatic status, and he agreed to purchase it for $5 million," . . .

Full story at: article_view.chtml?artid=4950&universeid=313

Liberty Head Type 1 Holds Place in History (U.S. Rare Coin Article)

What do shipwrecks, the California Gold Rush, and the Civil War all have in common? The answer is $20 Liberty Head Type 1 double eagles. I'll never forget that first double eagle that I added to my collection. It was an 1855-P Liberty Head Type 1. It was big. It was heavy. And it was gold.

But what really drew me to the Type 1 double eagle was its place in history. Sure the series is full of great rarities, such as the 1854-O and 1856-O, or famous varieties, such as the 1857-S or 1861-S Paquet Reverse. They are each worthy of an article on their own, but its their place in history that makes you want to hold one. It is hard to hold a Type 1 double eagle and not think of shipwrecks, the California Gold Rush, or the Civil War. . . .

Full story at: coin_articles/liberty_head_type_1_in_history.htm

Commemorative Silver Dollar Coin: Little Rock Central High School Desegregation 50th Anniversary (Press Release)

Commemorative Silver Dollar Available May 15

WASHINGTON – The United States Mint announced today that it will begin taking orders for the Little Rock Central High School Desegregation 50th Anniversary Silver Dollar at 12:00 noon (ET) on May 15, 2007.

Public Law 109-146, dated December 22, 2005, authorizes the United States Mint to mint and issue 500,000 silver dollar coins to commemorate the 50th anniversary of the desegregation of Little Rock Central High School.

A surcharge of $10 per coin . . .

Full story at: pressroom/index.cfm?action=press_release&ID=775

Facts About Currency & Coins: Brought to you by the Chicago Federal Reserve, WMBD-TV &

1. Where to exchange foreign currency
2. Where to buy or sell precious metals, bullion, or coins
3. Where to purchase specific coins or currency
4. Where to assess the value of rare coins or large-denomination notes
5. Where to redeem gold or silver certificates
6. Facts about the Federal Reserve Bank of Chicago's currency processing
7. Details about Federal Reserve notes
8. About counterfeit notes
9. Our changing currency design
10. Using currency in an advertisement
11. Exchanging damaged or burned currency
12. Getting sheets of uncut currency
13. Currency composition and production

Answers at: cid=2194

Some Washington Dollar Coins Are Valuable (American Coin-op)

WASHINGTON, D.C. (May 3, 2007) — There seem to be plenty of skeptical coin laundry owners when it comes to the value of the recently introduced George Washington $1 coin. However, no one’s debating the value of some of the new coins.

Check those dollar coins. No one knows for sure how many of the coins went out without the inscriptions. Operators may be able to sell these coins for about $50, one coin company says.

An unknown number of new George Washington dollar coins were mistakenly struck without their edge inscriptions, reading “In God We Trust,” and made it past inspectors and into circulation, the U.S. Mint reported. . . .

Full story at:

Mystery over treasure trove coins (BBC News, UK)

More than 600 silver coins found on an Anglesey beach by a metal detectorist have been declared treasure trove by a coroner.

The haul, dating from around 1272 will be valued before the finders are paid, and the items offered to the National Museum of Wales.

The coins were collected over a six-year period at an undisclosed area of Llanddona beach. . . .

Full story at: 6620795.stm

Counterfeit £1 coins alert (Clitheroe Advertiser and Times, UK)

AN alert has been issued to traders and shoppers over counterfeit pound coins circulating in Clitheroe.

Police are urging locals to be on their guard after a concerned trader unwittingly received 18 fake coins in one day. . . .

Full story at: viewarticle.aspx?sectionid=9&articleid=2847993

$1 Million Dollar Coin: Canada introduces world's heaviest coins (msnbc)

Can ya break a million? Huge coins hit Canada

Biggest pure gold item of currency weighs in at 220 pounds

OTTAWA - Got change for a million? Canada does: the world’s biggest pure gold coin at 220 pounds.

Already, three buyers have shelled out for one of the 1 million Canadian dollar coins introduced last week.

The Royal Canadian mint made the coins — 20 inches in diameter and 1 inch thick — mostly to seize the bragging rights from Austria, which had the record with a 70-pound, 15-inch wide coin. . . .

Full story at: