Wednesday, August 31, 2011

Investing in Junk Silver Coins

Free Coin Price Guides
So what iѕ junk silver and whаt makes a coin а “Junk Silver coin”?

It’s reallу vеrу simple. Junk silver іѕ аn informal waу оf referring tо coins with nо numismatic value, а fancy waу оf ѕaуіng thаt coin collectors hаve nо special interest in thеse partісulаr coins, but that havе а value based оn their metallic composition.

Prior tо 1965 іn the United States the dime, quarter and half dollar (50 cent piece) wеrе composed of 90% Silver аnd 10% . . .

Read more at: EQuicknews

Find out how to value "junk silver" coins.

U.S. Mint Issues Lucy Hayes First Spouse Gold Coin and Bronze Medal

U.S. Mint Image
WASHINGTON - The United States Mint will begin accepting orders for the Lucy Hayes First Spouse Gold Coin and Bronze Medal on September 1, 2011, at noon Eastern Time (ET). Both proof and uncirculated versions of the 24-karat gold coin will be available.

The coin's obverse (heads side) was designed by United States Mint Artistic Infusion Program Master Designer Susan Gamble and sculpted by United States Mint Sculptor-Engraver Don Everhart. The design features the . . .

Read more at:

Tuesday, August 30, 2011

Celtic Coins from Buried Treasure Depicted on New Postage Stamps

The second issue in Jersey Post's postage stamp series entitled 'Archaeology' will be issued on 30th August 2011. Featured are various coins which form part of the hoard of 2500 Celtic coins and pieces of jewellery which were unearthed by a farmer on his land at Le Catillon in Grouville, Jersey in 1957.

The coins are all on display at Jersey's La Hougue Bie Museum . . .

Stamp details at: Jersey Post

Canada Introduces New Silver Cougar and Gold RCMP Bullion Coins

Ottawa, Ontario – August 17, 2011 – The Royal Canadian Mint is proud to announce the upcoming release of two new exciting one-ounce bullion coins as investors in Canada and around the world continue to clamour for its industry-leading gold and silver bullion products.

The designs of the 99999 pure 2011 "RCMP" gold bullion coin and of the 2012 "Cougar" issue from its popular Canadian Wildlife 9999 pure silver bullion coin series were unveiled at the American Numismatic Association's 2011 World's Fair of Money in Chicago, Illinois, USA, before an audience of expert coin collectors and . . .

Read more at: Royal Canadian Mint

Monday, August 29, 2011

US Mint to Issue American Eagle 25th Anniversary Silver Coin Set

WASHINGTON - United States Mint Deputy Director Richard A. Peterson today announced plans to issue a limited-edition five-coin set to commemorate the 25th anniversary of the popular American Eagle Coin Program. Peterson made the announcement at a coin forum held at the American Numismatic Association's World's Fair of Money® near Chicago.

The United States Mint American Eagle 25th Anniversary Silver Coin Set will include five one-ounce American Eagle Silver Coins . . .

Read more at:

U.S. Mint to Release Vicksburg National Military Park Quarter

WASHINGTON - The United States Mint will accept orders for 100-coin bags and two-roll sets containing the Vicksburg National Military Park quarter starting at noon Eastern Time (ET) on August 29. The bags are priced at $49.95 each and the two-roll sets at $39.95 each.

The coins in the bags and rolls were struck on the main production floors of the United States Mint facilities at Denver and Philadelphia for use in general circulation but have never been released into circulation. The two-roll sets . . .

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Telecom Exec Earns $1 Million by Turning Stock into Gold

All that glitters is indeed gold for Theresa Gattung.

The former Telecom chief executive has made more than $1 million on her investment in gold four years ago, The Australian newspaper reports.

A chance visit to the Perth mint in July 2007 got her thinking.

She had just celebrated her final farewells from the telco, and the pre-global crisis sharemarket boom was in . . .

Read more at:

2012 Australian Kookaburra Silver Coins Announced

The Perth Mint of Australia has announced plans for the pending release of the highly anticipated 2012 Australian Kookaburra Silver Coins.

Those looking to add the unique bullion Kookaburra silver coins to either their portfolios or their collections can after September 1, 2011 when the Mint releases them to the public.

Three different 2012 Kookaburra coins will be struck by The Perth Mint, and each from 99.9% pure silver. There will be one ounce, ten ounce and one kilo sizes. All three will feature new . . .

Read more at: Silver Coins Today

Star Wars Coins Legal Tender in South Pacific Island

The tiny South Pacific nation of Niue will soon be accepting Star Wars coins as legal tender.

But don't count on anyone using them to buy a snack on the island (population: 1,311), which is linked to nearby New Zealand and recognizes Queen Elizabeth II as its sovereign.

Each coin will be minted with a fully colored image of Princess Leia, Luke Skywalker, C-3PO or . . .

Read more at: Los Angeles Times

Brooklyn Coin Dealer Robbed and Slain Near Coin Shop

A Brooklyn coin dealer died Tuesday after a group of thieves pummeled him near his shop and dumped his battered body a mile away, police sources said.

Steve Halfon, 61, had just closed his shop, Liberty Coin Co. on Kings Highway in Gravesend, and was . . .

Read more at: NY Daily News
See video surveillance of suspects at: NY Post

Gold Coins: The Mystery of the Double Eagle

The most valuable coin in the world sits in the lobby of the Federal Reserve Bank of New York in lower Manhattan. It’s Exhibit 18E, secured in a bulletproof glass case with an alarm system and an armed guard nearby.

The 1933 Double Eagle, considered one of the rarest and most beautiful coins in America, has a face value of $20—and a market value of $7.6 million. It was among the last batch of gold coins ever . . .

Read more at: Business Week

Wednesday, August 24, 2011

Kim Kardashian Gold Coins

Gold Coin Entrepreneur John Hallaron has decided that he too wants a piece of the (metaphorical) wedding cake that Kris Humphries and Kim Kardashian took home.

The worlds first Kim Kardashian and Kris Humphries pure gold coins are now under development. The coins which are still in . . .

Read more at: Business Insider

Tuesday, August 23, 2011

NGC Introduces New Coin Explorer Tool

Free Coin Price Guides
A single tool with everything collectors need to make smart buying and selling decisions. 

Read all about this exciting, new FREE tool!

Numismatic Guaranty Corporation (NGC) has released one of the most comprehensive online references for US coins today. The new NGC Coin Explorer is a free research tool designed as a resource for both dealers and collectors, whether buying or selling coins.

Both new and advanced collectors will . . .

Read more at: Numismatic Guaranty Corporation

Sunday, August 21, 2011

Coin Auctions: Bane or Boon?

If you are a coin collector who wants to sell or buy coins, one good way to do it is through coin auctions or bidding.

Coin auctions provide the best ways to obtain coins that have remarkable values. Coin auctions are the primary source of rare coins because most rare coin collectors want to sell their treasures to the highest bidder.

Unlike the typical way of selling and buying coins, coin auctions entail some rules and regulations for both the bidder and the seller that they must adhere to.

Basically, there are three types of coin collecting auctions. These are . . .

Read more at: BellaOnline

There's Some Truth to 'Follow the Money' at Chicago Coin Show

This summer, Americans have heard a lot about how the nation's money is in short supply. That's one reason why some rare money on display is drawing huge crowds.

The World's Fair of Money is under way in Chicago, showing off $20 gold coins worth millions and uncut sheets of $100,000 dollar bills accompanied by armed guards. Normally, this exhibit by the American Numismatic Association, held in different cities each year, lures . . .

Read more at: ABC News

Coin Collecting Not Just for White Men Over 60

There's a little press in Torrance called the Coin Dealer Newsletter -- though its three editions are better known as the Greysheet, Bluesheet and Greensheet.

It's unseen by most of the world, but essential to those who've turned a hobby of coin collecting into a full-time trade.

However, Coin Dealer staff writer Derik, 28, who's been collecting since he was 12, says the crowd of coin hunters is rapidly . . .

Read more at: LA Weekly

It’s Time to Choose Between Dollar Coins and Bills

U.S. Mint Image
In the past month, six bills have been introduced in Congress to address a seemingly urgent issue before our nation: our growing stockpile of $1 coins.

Technically, the issue is not just the $1.2 billion in dollar coins being held in storage at Federal Reserve banks. Media reports, including one by NPR, have pointed out that the government has wasted millions to produce coins that nobody wants. (Last year, just over $400 million in dollar coins was . . .

Read more at: Bangor Daily News

Can We Make the Penny Affordable?

U.S. Mint Image
In this time of fiscal strain, Americans can find some savings by simply looking in their purses and pockets.

Because of increases in commodity prices, it now costs more than one cent to make a penny and more than five cents to make a nickel.

The United States Mint, sensitive to the risks of . . .

Read more at: The New York Times

Got Gold? Want Gold? Beware of Counterfeiters

With gold prices vaulting 30 percent this year pawn shops and rare coin dealers are doing a land office business ... and close behind are the bad guys.

While this year's price hike is giving honest folk who own an antique gold watch or jewelry or anyone holding real gold a shot at a windfall, it also can make them a target of counterfeiters and con men.

"There are bad people . . .

Read more at: International Business Times

Saturday, August 20, 2011

U.S. Gold Mining Company to Mint Gold Coins

Shareholders of a Colorado-based gold mining company will soon have the choice of getting their dividends in U.S. dollars or gold coins minted by that company.

Gold Resource Corp., which operates in the southern Mexico state of Oaxaca, is using a small, private mint to produce the one-ounce gold Double Eagle coins. The company plans to offer shareholders the one ounce coins in both gold and silver.

"Holding physical gold and silver in our . . .

Read more at: International Business Times

Friday, August 19, 2011

U.S. Mint Launches Rutherford B. Hayes Presidential Dollar Coin

FREMONT, Ohio - Residents of Fremont and the surrounding area celebrated the release of the new Presidential $1 Coin honoring their hometown hero, Rutherford B. Hayes, the 19th President of the United States.

"The Presidential $1 Coin series connects us to the wellspring of our nation's greatness and the many stories that unite us," said Marc Landry, Acting Associate Director of Manufacturing at the United States Mint. "One of those stories is captured at Spiegel Grove, the beautiful place where President Rutherford B. Hayes retired from elected office but remained a dedicated public servant, helping veterans, improving prisons and fighting for . . .

Read more at:

ANA's Chicago World's Fair of Money Rates a B

(Doug Winter, DWN If you had asked me just last week how this year’s ANA show was going to turn out, I’d have told you it was going to be an unqualified success.

But with the recent topsy-turvy (to say the least…) state of the stock market and economic fears in general, I’m afraid I may have to temper my earlier views. Somewhat.

I still think this year’s ANA is going to be . . .

Read more at: Douglas Winter Numismatics

Wednesday, August 17, 2011

$1 Billion of Rare Coins and Currency Currently on Display in Chicago

Seldom-seen national treasures from the Smithsonian Institution will be displayed for the first time in the Chicago area at the American Numismatic Association World’s Fair of Money(SM) in the Donald E. Stephens Convention Center, Hall F, in Rosemont, August 16 – 20, 2011. The five-day educational, family event showcasing over $1 billion of the world’s most famous rare coins and colorful paper money will be open to the public.

Eye-opening, multi-million dollar exhibits include a unique, Gold Rush-era 1849-dated “Double Eagle” ($20 denomination) and other historic gold coins from the Smithsonian’s . . .

Read more at: New Junky Journal

A Dollar Coin Would Make Our Pockets Jingle

In the past month, six bills have been introduced in Congress to address a seemingly urgent issue before our nation: our growing stockpile of $1 coins.

Technically, the issue is not just the $1.2 billion in dollar coins being held in storage at Federal Reserve banks. Media reports, including one by NPR, have pointed out that the government has wasted millions to produce coins that . . .

Read more at:

Sunday, August 14, 2011

Giant Commemorative Coin Floated at Site Where Mary Rose Sank

The Royal Mint today revealed the world’s first floating commemoration to mark the 500th anniversary of the maiden voyage of the Mary Rose.

A three-metre replica of the current Mary Rose £2 coin was positioned on the exact spot in the Solent where the Tudor flagship sank in 1545, after 34 years of active service.

The giant coin, a reproduction of the £2 coin released by the Royal Mint earlier this year, was floated over the site where the ship sank and was subsequently . . .

Read more at:

U.S. Mint to Participate in ANA's 2011 Chicago World's Fair of Money

WASHINGTON - The United States Mint announced today that it is attending the American Numismatic Association's (ANA) World's Fair of Money Convention August 16-20 at the Donald E. Stephens Convention Center in Rosemont, Ill. The bureau will be located at booth #1777.

Opening day events on Tuesday, August 16 include . . .

Read more at:

Sunday, August 07, 2011

Roman Coin Hoard Discovery May Lead to History Rewrite

The discovery of a hoard of 100 ancient coins could prove the Romans conquered more of the South West than thought, it has been claimed.

It had been believed that Exeter, in Devon, was the last major outpost of the ancient empire.
But the chance find of the treasure and evidence of a huge settlement further west may force historians into a rethink.

As one of the 'most significant Roman discoveries for many decades', it has . . .

Read more at: The Daily Mail

Tuesday, August 02, 2011

Hayes Presidential Dollar to Debut

FREMONT -- The newest presidential dollar coin will be rolled out Aug. 18 at the Rutherford B. Hayes Presidential Center.

The coin, which features the 19th president in profile, will be available to the public for $1, although the first 500 youngsters 18 and under attending the event each will receive a free Hayes dollar. It shows the president wearing a suit and bow tie.

"It's a typical profile of him that was probably based on . . .

Read more at: The Toledo Blade

New U.S. Platinum Coin Idea: The Trillion Dollar Coin

If Congress fails to pass the debt-ceiling bill, what then? Is there anything left in President Obama's bag of tricks, that is, beyond the 14th Amendment lever which he has indicated he won't use?

One of the more fascinating possibilities would involve the president ordering the minting of two platinum coins, each valued at one trillion dollars, and then depositing them in the U.S. Treasury so that checks could be written against them.

There's been some attention paid to this idea . . .

Read more at: NPR