Thursday, October 27, 2011

Amateur Treasure Hunter Finds Viking Hoard of Coins and Jewelry

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An amateur treasure hunter has discovered a "nationally significant" Viking hoard including hundreds of pieces of silver jewellery and coins.

Darren Webster unearthed "the find of a lifetime" when his metal detector picked up a signal at an undisclosed location on the border of Cumbria with north Lancashire.

He could barely believe it when he dug up a casket containing 200 pieces of silver jewellery, coins, hacksilver and . . .

Read more at: The Telegraph

Wednesday, October 26, 2011

Perth Mint Unveils World's Largest Gold Coin

PERTH, Australia, Oct. 26, 2011 /PRNewswire/ -- The biggest, heaviest, inherently the most valuable gold bullion coin in the world has been unveiled by The Perth Mint.

Weighing one tonne of 99.99% pure gold, the monumental coin measures nearly 80cms wide and more than 12cms deep.

The coin is the pinnacle of . . .

Read more at: PRNewswire

Tuesday, October 25, 2011

Rare 1795 Gold Eagle Stolen from Post Office Registered Mail

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A registered-mail package containing a 1795 gold eagle coin remains missing after disappearing en route to a Western Springs address.

An extraordinarily rare coin more than two centuries old that was sold for $379,500 in a May auction has been missing since passing through the Western Springs U.S. Post Office five months ago. Efforts to locate the coin have so far been fruitless.

The 1795 $10 gold eagle was purchased from . . .

Read more at Western Springs Patch

U.S. Mint Releases Glacier National Park 5 ounce Silver Coin

WASHINGTON - The United States Mint will open sales for the 2011 America the Beautiful Five Ounce Silver Uncirculated Coin - Glacier National Park (Montana) on October 25, 2011, at noon Eastern Time (ET).

Orders will be limited to five coins per household for the first week of sales. At the end of one week, the United States Mint will re-evaluate this limit and either extend, adjust or remove it. The maximum mintage is limited to 35,000 units.

Currently, pricing for the 2011 America the Beautiful Five Ounce Silver Uncirculated Coin - Glacier National Park is set at . . .

Read more at: usmint.gov

Saturday, October 22, 2011

New Parks Canada Loonie Dollar Coin Enters Circulation

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The Royal Canadian Mint is pleased to cap off the celebration of Parks Canada's centennial year by unveiling five new commemorative circulation coins which immortalize Canadians' pride in their legendary natural heritage and capture their trademark passion for the great outdoors.

The commemorative circulation coins unveiled by Canadian government officials and representatives of Parks Canada and the Mint, at a public ceremony hosted at the Canadian Museum of Civilization in Gatineau, Quebec include:  . . .

Read more at: The Royal Canadian Mint

Large Roman Coin Hoard Unveiled

Local metal detector enthusiasts Jethro Carpenter, 43, and Mark Gilmore, 47, discovered more than 3,800 coins in a clay pot at Bredon Hill, near Evesham.

The Roman haul - the county's largest ever - is mainly bronze coins dating back to the 3rd Century.

Featuring 16 different emperors, many will be shown at Worcester City Art Gallery and Museum from Saturday. The coins are currently being valued by the British Museum.

Mr Carpenter said: "As a child you watch pirate films and dream of finding buried treasure. On the day of the discovery my detector was . . .

Read more at: BBC News

Occupy Wallstreet Protests Move to Dollar Bill

Instead of broadcasting their views on a sign, Facebook group or Twitter, some supporters of the Occupy Wall Street protests are illustrating their frustrations on dollar bills.

The group, calling itself Occupy George, is circulating dollar bills featuring infographics with facts about income inequality. One graphic includes a dotted line drawn through George Washington’s face with the words . . .

Read more at: Huffington Post

Plan to Scrap Dollar Bill Raises Fuss

The self-proclaimed friends of George Washington are not going to let a first-term member of Arizona’s congressional delegation take his picture out of circulation.

Members of Americans for George have organized to counter legislation by Republican Rep. David Schweikert to scrap the dollar bill in favor of a coin. They not only have put together a . . .

Read more at: East Valley Tribune

Tuesday, October 18, 2011

Congressman Introduces Commemorative Coin Bill to Honor Ship from Spanish-American War

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PHILADELPHIA --- This week, Congressman Brady introduced a bill which would permit the U.S. Mint, at no cost to the taxpayer, to design and offer for sale to the public a commemorative coin honoring the Cruiser Olympia.

The proceeds from the sales of the coins will be utilized by the Friends of the Cruiser Olympia for dry-docking and preserving the Cruiser Olympia as a ship museum. This legislation is one of many efforts to . . .

Read more at: brady.house.gov

Friday, October 14, 2011

Dealers Say Coin Collecting is More Than a Hobby - It's an Investment

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Malcolm Weissburg hopes the coin collection he inherited from his grandfather 18 years ago will soon be the down payment on a new car.

"(The coins) have been sitting in my attic for years, so I figured I'd unload them while I had the chance," said Weissburg, 38, of Cherry, Butler County. "I need the money more than I need the memories."

Weissburg was among hundreds of . . .

Read more at: Pittsburgh Tribune-Review

New Legislation Proposes to Replace Dollar Bills With Coins

The U.S. Congress is planning new legislation that aims to replace the one dollar bill with a one dollar coins.

The new legislation was introduced last week. According to Rep. David Schweikert, chief sponsor of the legislation, replacing dollar bills with coins would save the U.S. $5.5 billion over 30 years. He says coins last an average 30 years while paper dollars last only . . .

Read more at: The Christian Post

Tuesday, October 11, 2011

White Mountain National Forest to be Honored on New Quarter

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The image that will appear on a new quarter honoring the White Mountain National Forest has been narrowed down to five artists’ designs.

But New Hampshire folks won’t find out what the final design looks like until the rest of the country does — in early 2013.

Tiffany Benna is public affairs officer for the WMNF. She’s seen the five finalists for New Hampshire’s “America the Beautiful Quarter” design, but is sworn to secrecy by the U.S. Mint, which is . . .

Read more at: NewHampshire.com

Finders of the SS Republic Shipwreck Discover a Sunken Treasure of WWI Silver

Odyssey Marine Exploration said Monday it has discovered its second sunken ship this year under a contract with the United Kingdom — this one carrying silver currently valued at more than $19 million.

The Tampa treasure hunting company found the shipwreck of the SS Mantola — a World War I vessel that sank after a German torpedo struck it in . . .

Read more at: St. Petersburg Times

Building a Basic Type Set of Five Dollar Gold Pieces

(Doug Winter, DWN) The half eagle is the very first gold coin to be struck at the United States mint.

This denomination was struck without interruption from 1795 to 1929, and it is the only U.S. gold issue to be produced at all eight United States mints.

It is very popular with collectors, but the seemingly endless . . .

Full story at: Douglas Winter Numismatics

Sunday, October 09, 2011

Beware of Gold Related Investment Scams

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For centuries, gold has been one of the world’s most popular investments. Long sought-after for coins and jewelry, gold’s demand further increased as the tech revolution required gold for medical devices, cell phones and computers.

In recent years, investors worldwide have flocked to the precious metal as a safe haven against uncertainty in the global financial markets. Texans seeking to diversify their investment portfolios may be considering whether to capitalize on rising gold prices. With the price of gold bullion at record levels, potential investors should be cautious of . . .

Read more at: East Texas Review

2012 Australian Kangaroo Gold Bullion Coins Released

PERTH The Perth Mint, the exclusive manufacturer of Australia’s official bullion coin program, has released the Australian Kangaroo Gold Coin Series for 2012.

Recognised internationally as a convenient and cost-effective way to acquire 99.99% pure gold in the trusted form of Australian legal tender, five sizes of Australian Kangaroo coins are available.

The Mint will release up to . . .

Read more at: The Perth Mint Australia

New Swiss-made Canadian Coin?

TORONTO - A new silver coin with Toronto’s skyline below a map of the city was produced in Switzerland, a Royal Canadian Mint spokesman confirmed Friday.

On sale since July, the non-circulating $25 denomination collectible features artistic and coin-producing styles developed in the country famous for mountains, banks, Swiss watches and chocolate.

The skyline portion outlined in gold leaf was made by . . .

Read more at: Toronto Sun

NGC Announces New Coin Auction Research Tool

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BURR RIDGE, Ill., Oct 6, 2011 (GlobeNewswire via COMTEX) -- Numismatic Guaranty Corporation (NGC) announces the release of NGC Auction Central -- a new resource that maintains auction data for NGC-certified US coins from prominent auction houses including Heritage, Stack's Bowers, Teletrade, David Lawrence Rare Coins, and Great Collections.

With this exciting new feature, both upcoming coin auctions and prices realized information are available, and advanced filters allow users to sort the auction data by attributes such as grade, price, date, and auction house. Other features include . . .

Read more at: Market Watch

Thursday, October 06, 2011

Hoard of Iron Age Gold Coins Found with Metal Detector

The 67 Iron Age coins were discovered by a metal detector in October last year but details of the find, described as significant by a curator at the British Museum, were only made public last week.

The coins were subject to an inquest at Lawrence Court in Huntingdon on Thursday (September 29), where it was down to the deputy coroner of Cambridgeshire, Belinda Cheney, to determine if the hoard should be officially classified as treasure.

After their discovery, the coins were sent by a local . . .

Read more at: Hunts Post

Tuesday, October 04, 2011

10% of China's GDP is from Counterfeiting Say Experts

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The Global Piracy and Counterfeiting Consultants is one of the most quoted sources in the world on counterfeiting, and the group is now warning all U.S. or international precious metals investors, or coin collectors, to only buy your precious metals, or gold- silver coins from the most reputable dealers, or brokers.

The group says, "Ten percent of China's gross domestic product is from counterfeiting, and they are the world leader in counterfeiting silver, as well as gold coins, and gold, or silver bars.

One Chinese counterfeiter openly has bragged about producing over 1,000,000 U.S. silver dollars. We are saying do not . . .

Read more at: PRWeb

New Silver Bullion Coins Depicting Cougar Issued

The Royal Canadian Mint released a new, limited-edition coin as part of its Canadian Wildlife 9999 pure silver bullion series today.

The 2012 'Cougar' joins two preceding coins in the six coin series: 2011 'Timber Wolf' and 'Grizzly Bear', with another coin to be dated for 2012 and two more for 2013. You can see the previous coins . . .

Read more at: Yahoo! News Canada