Wednesday, July 22, 2009

Counterfeit Coin Detection Kit

How to Detect Counterfeit Coins Using 5 Simple Tools

(Susan Headley: Coins.about.com) Counterfeit coins are a fact of life. Fortunately, they account for a very, very small fraction of all coins which are sold. You can cut your risk of ending up with a fake coin by learning how to use the tools of the counterfeit detection trade. Did you know that a magnet is your first line of defense? . . .

Full story at: Coins.about.com

Tuesday, July 21, 2009

Wizard Coin Supply to Operate ANA MoneyMarket Enterprise

Wizard Coin Supply of Chantilly, Virginia, will take over operations of the American
Numismatic Association MoneyMarket, direct mail and online store operations on an interim
basis, ANA Executive Director Larry Shepherd announced today.

Under a four-month interim agreement, effective July 15, Wizard will provide customer
contact, fulfillment and product handling of all direct mail and online supply and book
sales. . . .

Full story at: Money.org

Museums Squabble Over Treasure Coins

Usually the British treasure trove laws work favorably to protect the amateur finder, professional archaeologists and museums that may become involved in any find. I said, "Usually."

In recent years, all sorts of artifacts have been found in a field at Clarkly Hill in Burghead, Scotland, by people with metal detectors. Among the many artifacts are some Roman coins, two gold . . .

Full story at: Numismaster.com

Monday, July 20, 2009

U.S. Mint employee indicted for scheme

A U.S. Mint employee has been indicted for scheming to buy hundreds of thousands of dollars of equipment from a Bucks County company in exchange for cash and gifts, according to the U.S. Attorney's Office.

Michael Walker, 49, of Upper Darby, faces up to 245 years in prison as a result of the indictment.

According to the indictment . . .

Full story at: Courier Times

Why is a Coin Grading Service Important?

Coin collecting has been a very popular hobby to many people of all ages. The marketing of coins has expanded widely and because of this wide the market prices of coins has varied immensely.

Before, the coin market was limited to a small number of collectors and dealers. At that time coins were priced in simpler terms. Since the market has expanded, dealers have been very inconsistent with the prices they set for the coins so that became the time when the need for a . . .

Full story at: BellaOnline

Friday, July 17, 2009

Rare dateless 20p coin found in terminally ill son's pocket change

Silver Coin Melt Values
A YOUNG mum is hoping the discovery of a rare coin in her terminally ill son's pocket money will help to make his dream come true.

Kimberley Longden, 22, from Ashton under Lyne, was trying to put money into a pay-and-display parking machine, but one coin was continually rejected and she spotted the 20p coin was undated.

An error at the Royal Mint allowed . . .

Full story at: Tameside Advertiser

Rare Penny found in till is genuine says Mint

A LUCKY Bridgwater grandmother bagged a precious penny – and is now looking to make her fortune.

Tania Simmonite, from Bell Close, found an unusual one-pence piece in the till at her Say Cheese work place in the town’s Cornhill market a few years ago.

Now, after reading about the keenly sought after dateless 20p pieces in her Mercury, Tania may sell her colourless 2003 coin to . . .

Full story at: Thisisthewestcountry.co.uk

The New Orleans With Motto Eagle “Short Set”

(Doug Winter)One of the most interesting and completable sets for the beginning branch mint gold collector is the short set of With Motto New Orleans eagles. This set features the New Orleans eagles produced from 1888 through 1906. In all, there eleven issues in this set. A set in the lower Uncirculated grades could be assembled for less than $10,000.

Unlike the No Motto eagles produced at the New Orleans mint from 1841 through 1860, the With Motto issues tended . . .

Full story at: DWN

Hoard of rare silver Roman coins discovered by amateur metal detector enthusiast

One of the largest hoards of Roman coins ever discovered in Britain has been officially declared 'treasure' today.

Amateur metal detecting enthusiast Keith Bennett discovered a total of 1,141 Roman denarii, or silver coins, in a field last July.

The coins, stashed in a clay urn and buried around four feet underground, date from between 206 BC and 195 BC.

The find was officially declared treasure today at an . . .

Full story at: Daily Mail

eBay pulls phony Canadian coins

"I even had someone threaten me on an eBay chat line"

TORONTO -- An Eastern Ontario man is rejoicing in the recent success of his two-year campaign to get counterfeits of classic Canadian coins dropped from eBay.

But it was a long and often frustrating haul for Mike Marshall, a collector and military retiree.

Marshall, 48, he first faced a wall of uninterest and dismissal from . . .

Full story at: cnews

State Quarters Photo Gallery and Slide Show


Did you finish filling in those empty slots on your State Quarters map? If you're like me, you are still a few quarters short.
Check out the designs for all 50 states in the State Quarters Slide Show and see what you missed. Have a specific design you want to see, check out the State, D.C., & Territorial Quarter Photo Gallery.

View the State, DC & Territorial Quarter Photo Gallery

Thursday, July 16, 2009

Spain hunts for gold treasure in sea

BARCELONA (Commodity Online): Spain, struggling to tackle the recession and financial downturns, is finally banking on treasures buried under the ocean.

According to news reports, cash-strapped Spain has ordered its navy to look for huge gold reserves that were lost at sea in the 16th century.

Gold bullion and silver treasure worth £85billion — the size of the nation’s current budget shortfall — lies on the sea bed off the coast of southern Spain.

The Inca and Aztec loot is believed to be in . . .

Full story at: CommodityOnline

Wednesday, July 15, 2009

Interview With U.S. Pattern Coin Collector Andy Lustig

(Maribeth Keane and Jessica Lewis: Collectors Weekly) Andy Lustig talks about collecting U.S. coins, especially pattern coins, pre-production prototypes struck to test new design concepts. He discusses how these coins have entered the market and which are the most collectible. Based in New York, Andy can be contacted via his website, USPatterns.com, which is a member of our Hall of Fame.

I started collecting coins when I was . . .

Full story at: Collectors Weekly

Tuesday, July 14, 2009

Rare dateless 20p coin found by teenager in change from shop

Silver Coin Melt Values
When teenager Amber Price counted her change from the school tuck shop she was hoping to have enough left for a few more treats.

But the 14-year-old got more than she bargained for when she uncovered a rare 20p coin – which could be worth thousands of pounds.

Now Amber and . . .

Full story at: ThisIsGloucestershire.co.uk

Graded Coins That Don't Make the Grade, Buyer Beware!

(Susan Headley: coins.about.com) Just because you see a coin in a grading service holder, or "slab" doesn't mean that the coin has been accurately graded, or even that the coin is genuine. Not all grading services are equal. Learn how to avoid being scammed by people selling coins in so-called "third-tier" slabs . . .

Full story at: coins.about.com

Monday, July 13, 2009

Ancient Rare Coin Hidden Among Estate Sale Purchase

A box of "old coins" purchased for $28.25 at an estate sale near Burlington, VT held an unexpected surprise: its contents are estimated to be worth more than $15,000 because it included one of the most important Armenian coins in existence.

It was Richard Martineit’s good fortune to be at that auction in October, 2007, where more than 1500 lots were sold in two days. One that caught his eye was lot 1597, a group of 13 coins in a box labeled "Roman & Ancient pieces". It contained . . .

Full story at: NGC

Sunday, July 12, 2009

Royal Canadian Mint gold may have been smuggled in acid

OTTAWA — Was $15 million worth of gold stolen from the Royal Canadian Mint by dissolving it in acid, rendering it invisible to metal detectors?

Two gold-refining industry sources say gold chloride dissolved in an acid solution can be unrecognizable to metal detectors, such as those guarding the mint’s high-security Sussex Drive refinery in Ottawa — and the method might explain the recently announced disappearance of more than half a metric ton of gold from the mint’s inventory.

“It could be taken out in that form . . .

Full story at: Link

What Type of Coins Should You Collect?

Coin collecting is a fun hobby to start and the thrill of hunting for old coins is enough for many people to continue doing it. Other people consider coin collecting an investment, something they can receive a profit from. If you are one of those people, then you can find several types of coins in this article that will help you determine what others are looking for.

Most coin collectors will look for only a specific kind of coin that will make their collection more valuable and interesting to buyers. Others are collecting for sentimentality and are looking more at the coin’s . . .

Full story at: Link

Lincoln Cent Mintages Jump in June, Jefferson Nickel Production Equalizes

(The latest batch of US Mint coin production figures are now available and they show several noteworthy changes in June. Lincoln cents jumped, quarters and Presidential dollars rose more modestly, and Jefferson nickels leveled out between mints.

US Mint year-to-date coin figures are updated at the beginning of each month, enabling mintages to be calculated as they are above. Notice the increase in Lincoln Cents — especially from Denver.

The Mint has not yet said whether these numbers are for . . .

Full story at: Link

Thursday, July 09, 2009

Royal Canadian Mint Launches Third Release of 2009 Collector Coins

OTTAWA — Coin collectors and astronomy fans alike will be impressed by the Royal Canadian Mint’s $30 Sterling Silver International Year of Astronomy collector coin, as well as several new products which are sure to attract the gaze of those looking to expand their collections or acquire finely crafted keepsakes of innovative design and composition.

Other entries in the Mint’s third product release of 2009 include the final issue of the Playing Card Money series, a new Blessings of Wealth 99.999% pure gold coin, an "Autumn Jewel" crystal raindrop coin and the newest issue of the $20 Fine Silver Great Canadian Locomotive Series featuring . . .

Full story at: Link

Wednesday, July 08, 2009

Royal Mint and the England and Wales Cricket Board (ECB) Team Up for Ashes Series 2009 Medals


While Andrew Strauss is hoping to get his hands on the famous urn this summer, you too could grab something special during the npower Ashes Series 2009.

ECB and Royal Mint have teamed up to produce a limited edition npower Ashes Series medal to commemorate the much-anticipated series with Australia.

There will be 150 Commemorative Gold Medals, the first five of which will be used for the toss at the five Tests this summer. Each will be engraved with the details of the Test at which they were used and then auctioned for charity.

The remaining 145 medals, all 22 carat gold and featuring the Ashes event logo on one side and a batsman on the other, will be signed by the England captain and made available to cricket fans who want a lasting memento of this summer.

"The thing about the Ashes is that it is all-consuming . . .

Full story at: Link

Australian Mint offers rare peek inside vault

The Royal Australian Mint in Canberra has given a lucky member of the public a rare look inside its vault.

The vault holds a collection of coins worth more than $12 million and its doors are not opened often.

Despina Tramoundanis from Murrumbateman won a raffle to carry four rare coins, valued at over $1 million, from the vault to their display case on the second floor.

One of the coins that was moved is a rare . . .

Full story at: Link

Sales of Silver, Gold Coins Surge

Sales of gold and silver bullion coins were up sharply in the first half of 2009, when dealers were citing strong physical demand amid worries about other investments.

Sales remained strong but abated somewhat in late spring and early summer, but there are at least some signs it might be on the rise again, said one dealer. “Over the last 30 days, business has picked up again mostly because, I believe, there is a lot of skepticism still in the market about which way the economy is heading,” said Scott Thomas, president and chief executive of American Precious Metals Exchange in Edmond, Okla.

Bullion coins are meant to . . .

Full story at: Link

U.S. Mint Offers 2009 Lincoln Cent Subscription

(Susan Headley: coins.about.com)When the first of the four 2009 U.S. Cent designs came out in February, the U.S. Mint was caught off guard, (just like the rest of us), when it became clear that new coins weren't getting into circulation due to the economy. However, the Mint acted fast and managed to get some of the rolls of pennies up for sale on its Web site, although they quickly sold out. The Mint was ready for the second 2009 cent, though, and they provided an ample supply.

Now the Mint is getting ahead of the curve, offering a subscription program so you can pre-order the last two penny designs and have them shipped out when they're released. This article has the details and tells you how to sign up. . . .

Full story at: Link

Monday, July 06, 2009

Celebration of the $1 Susan B. Anthony dollar coin


Rochester, N.Y. July 2nd, 1979. The director of the U.S. Mint came to the Susan B. Anthony house to officially unveil to the nation the new dollar coin bearing the suffragette's image.

Hundreds gathered outside Anthony's house on Madison Street. It was the first time the face of a real historical woman ever graced an American coin. And Rochesterians grabbed up tens of thousands of the new Anthony dollars in the days that followed.

In commemoration, Rochester hosted a . . .

Full story at: Link

Pub hands customer coin worth over $11,000 in change for beer

Lloyd Hefferman, 38, was enjoying a summer drink with his friends at The Botolph Arms pub in Peterborough, Cambs, when bar staff handed him the coin.

The 20p coins, which are the first in 300 years to enter circulation without a date, are still legal tender and have caused a frenzy in the coin collecting world.

A number of the coins have already sold on auction site eBay, with one fetching £7,100 last week.

Mistakenly released by the Royal Mint in Cardiff last year, each piece has a . . .

Full story at: Link

Missing gold from mint headquarters still a mystery

OTTAWA — Speculation is mounting over how half a ton of gold could have gone missing from the fortress-like mint headquarters in Ottawa, supposedly one of the most secure buildings in Canada.

The bulk of it, 16,494 ounces, or 44 400-ounce bars worth $15.3 million, disappeared from the gold refinery on the north side of the historic stone building, wired with metal-detection and monitoring equipment that scans employees exiting the high-security area.

According to employees and visitors, one of the detectors . . .

Full story at: Link

Friday, July 03, 2009

Louisa Adams gold coin considered rarest of First Spouse coins


The Louisa Adams editions of the US Mint's First Spouse gold coin range may be the rarest so far. According to Coin News, the 24-c pieces - sales of which stop yesterday could become hard to find as comparatively few have been bought since they went on sale.

Figures from the Mint showed that as of . . .

Full story at: Link

Treasure hunter pals fall out over $800,000 reward for finding rare gold coins

Two treasure hunters face a legal battle over how they are going to split a reward of up to £500,000 for finding a rare hoard of more than 800 Celtic gold coins.

Metal detecting enthusiast Michael Darke, 60, realised he might be on the trail of a major treasure find when he found ten Iron age coins buried in a meadow.

He called his friend Keith Lewis, 54, for advice and invited him the following weekend to help him search the land at Dallinghoo near Woodbridge, Suffolk.

Within an hour of arriving in the field on March 30 last year, the pair had unearthed the remains of an Iron Age pottery cooking pot containing another 773 gold coins.

Suffolk County Council archaeologists later unearthed another 42 coins from the field - making it the largest haul of Iron Age coins found in Britain since . . .

Full story at: Link

Thursday, July 02, 2009

Clifford Mishler Elected ANA President!

2009 Board of Governors to be Installed in Los Angeles

(ANA: Press Release) Clifford Mishler has been elected the 56th President of the American Numismatic Association, ANA Executive Director Larry Shepherd announced today.

Mishler received 5,047 votes compared with 3,213 for current ANA Vice President Patricia A. Jagger Finner. Thomas G. Hallenbeck, who ran unopposed, was elected Vice President. Incumbents Chester L. Krause, Joseph E. Boling, Walter Ostromecki Jr., and Wendell Wolka were re-elected along with Board newcomers Scott T. Rottinghaus, J.P. Martin and Jeff C. Garrett.

BiggsKofford, independent auditing firm for the American Numismatic Association 2009 Board of Governors’ election, counted the ballots and reported the following vote tallies:

For President Votes

Clifford Mishler - 5,047
Iola, WI

Patricia A. Jagger Finner - 3,213
Iola, WI

For Vice President

Thomas G. Hallenbeck - 1*
Colorado Springs, CO

Successful Candidates for Governor Votes

Chester L. Krause - 5,845
Iola, WI

Joseph E. Boling - 4,730
Indianapolis, IN

Walter A. Ostromecki - 4,453
Panorama City, CA

Scott T. Rottinghaus - 4,339
New London, CT

Wendell A. Wolka - 4,179
Greenwood, IN

J.P. Martin - 4,066
Englewood, CO

Jeff C. Garrett - 3,781
Lexington, KY

Unsuccessful Candidates for Governor Votes

Alan Herbert - 3,613
Belle Fourche, SD

Michael L. Ellis - 3,111
Virginia Beach, VA

Jeffrey Swindling - 2,703
Jacksonville, FL

Thomas A. Palmer, Jr. - 2,627
New Smyrna Beach, FL

Paul Hollis - 2,498
Mandeville, LA

Brian E. Fanton - 2,335
Hiawatha, IA

Michael S. Turrini - 1,961
Vallejo, CA

New officers will be installed during the annual ANA Awards Banquet, Saturday, Aug. 9, at the World’s Fair of Money® in Los Angeles.

Overall 8,479 ballots were returned in the 2009 election, compared with 7,171 in 2007. Of all ballots cast, 44 were rejected compared with 505 in 2007. The ANA mailed 29,299 ballots, one to each Association member who was eligible to vote on May 15, 2009.

All Board candidates were informed of the election results during a conference telephone call at 12:30 p.m. Mountain Standard Time, Thursday, July 2.

The American Numismatic Association is a nonprofit educational organization dedicated to encouraging people to study and collect money and related items.

The ANA helps its 32,000 members and the public discover and explore the world of money through its vast array of education and outreach programs, as well as its museum, library, publications, conventions and seminars. For more information, call 719-632-2646 or visit http://www.money.org/.

*Only the first vote is counted in uncontested races.