Thursday, June 28, 2012

U.S. Mint in Philadelphia Reopens to Public
with New Tour

PHILADELPHIA — The last time the U.S. Mint in Philadelphia upgraded its public exhibits, Richard Nixon was in the first year of his presidency and The Beatles had just performed their final concert.

On July 3, the Mint opens to the public with a new $3.9 million self-guided tour that is the first update since 1969.

The two-level exhibit includes displays of artifacts and coins from the Mint's earliest days, as well as windows overlooking the . . .

Read more at CBS News

$15 Million Treasure Found with Metal Detector

After a search that spanned three decades, two amateur treasure hunters have uncovered the biggest ever hoard of Iron Age silver and gold coins in the UK -- weighing a full ton and valued at $15 million.

Reg Mead and Richard Miles found the stash using a high powered metal detector called a deepseeker.

What they discovered was a large block of clay containing 30,000 to 50,000 gold and silver coins dating from . . .

Read more at Fox News

Friday, June 22, 2012

When the financially struggling Hispanic Society of America decided to sell its collection of nearly 38,000 rare coins last year, that Upper Manhattan museum sought to allay fears that its cultural treasure would become inaccessible to scholars and the public by striving to find a public institution to buy it.

None, however, was found to purchase the collection, valued at more than $25 million; the coins landed in private hands; and some of those scholars’ concerns are now being realized.

About 1,000 of the coins will be . . .

Read more at The New York Times

2,000 Year Old Gold and Silver Coins Found in Israel

A treasure trove of silver and gold coins and gold jewelleries, probably hidden by its owner 2,000 years ago, was recently uncovered at an excavation site near the Israeli town Kiryat Gat, south of Tel-Aviv.

The hoard, wrapped in a cloth, was discovered during the course of excavation of a building dating to the Roman and Byzantine period, archaeologists at Israel Antiquities Authority (IAA) undertaking the excavation announced in a statement last week.

It consists of about 140 gold and silver coins and a few exquisite gold . . .

Read more at International Business Times

Gold Dealer Warns Public About Buying and Selling Gold to Unknown Dealers

Free Coin Price Guides
Unscrupulous Texas dealer pays elderly woman $16,000 for $250,000 in rare coins!

BEAUMONT, Texas, June 21, 2012 /PRNewswire via COMTEX/ -- "It's important to do your homework before selling or buying gold and silver coins," cautioned nationally known rare coin and bullion dealer and numismatic consumer protection advocate Michael Fuljenz in a Crime Stoppers story interview with . . .

Read more at MarketWatch

Monday, June 18, 2012

Canadian Coin Celebrates War of 1812 Victory
over the Americans

Royal Canadian Mint Image
$2 circulation coin celebrating victory of HMS Shannon over USS Chesapeake is the first salvo in a commemorative circulation coin program also honouring Brock, Tecumseh, de Salaberry and Secord. 

Ottawa, Ontario, June 18, 2012 – Two hundred years after the start of the conflict in 1812, the Royal Canadian Mint is proud to announce the launch of a series of five new commemorative circulation coins celebrating the 200th anniversary of the War of 1812.

The first of these coins, which begins circulating today, is a two-dollar circulation coin commemorating HMS Shannon, famed for its defeat and capture of the USS Chesapeake and its escort of the American war prize into Halifax harbour.

This historic naval battle in June 1813 resulted in the death of . . .

Read more at The Royal Canadian Mint

Thursday, June 14, 2012

Mounties Warn Treasure Hunt Roadshow Scams Canadians Out of Their Gold

Illinois company goes by various names including International Coin Collectors.

Kelowna RCMP are warning people to beware of out-of-town businesses that show up with offers to buy old gold coins.

Kelowna Const. Kris Clark said Thursday the cautionary advice was issued after an American-based company ripped off several local coin-sellers in May.

“It is apparently not the first time that this has happened,” he said. Clark said a company called International Coin Collectors bought . . .

Read more at The Province

Ancient Coin Collectors Lose Court Battle

(CN) - The State Department did not illegally conceal coin-importation regulations from collectors, a federal judge ruled.

In a 2007 complaint, three coin-collecting associations claimed that the U.S. State Department had blown off their eight requests for information on the restrictions surrounding ancient coin importation.

The collectors said the government would not reveal . . .

Read more at Courthouse News Service

Wednesday, June 13, 2012

Acadia National Park Quarter Dollar Coin Released

New coin features Bass Harbor Head Lighthouse

A new quarter is now paying tribute to one of Maine's most precious jewels. And so are some students in Bass Harbor, proud to show off their hometown lighthouse.

For students at Tremont Consolidated School, the latest U.S. quarter to recognize national parks is very . . .

Read more at WABI TV5

Tuesday, June 12, 2012

Odyssey and the $500 Million Lost
Spanish Treasure

Before dawn on Feb. 16, a semitrailer truck left a secret, well-protected compound outside Sarasota, Fla., loaded with nearly nine tons of 200-year-old silver coins.

Three U.S. Marshals and a security detail hired by the government of Spain guarded the truck on its 60-mile drive to MacDill Air Force Base in Tampa.

There, U.S. airmen unloaded it so the truck could return to Sarasota for the rest of the coins. In all, 17 tons of coins, packed into . . .

Read more at Bloomberg Businessweek

Gold Coin Collecting Becoming a Deadly Business

Criminal syndicates have discovered thefts of gold, silver and rare coins are far more lucrative and less risky.

This to the detriment of coin dealers and coin collectors in North America and elsewhere.

As gold and silver prices have soared, thieves are now targeting rare coins, coin collections and rare coin . . .

Read more at Mineweb

Rumored Gold Coin Causes Hysteria in Pakistan

Free Coin Price Guides
How much is a one rupee coin worth?

Up to 2500 rupees if you believe the rumors sweeping Pakistan that the humble coin had inadvertently been made with gold instead of the usual tiny percentage of copper.

Shopkeepers across the country have reported being approached by dealers offering vast sums for a coin – with a face value of less than one cent – that inflation has made . . .

Read more at NY Daily News

Tuesday, June 05, 2012

2,000 Year Old Gold and Silver Coins Discovered

A trove of gold and silver coins and jewelry discovered near the Qiryat Gat in Israel was likely stashed there by a wealthy woman during the Bar Kokhba Revolt, the last Jewish-Roman war, archaeologists announced today June 5.

Scientists uncovered about 140 gold and silver coins, along with gold . . .

Read more at Fox News

Monday, June 04, 2012

U.S. Mint Releases Star-Spangled Banner Bicentennial Silver Dollar

U.S. Mint Image
WASHINGTON - The United States Mint opened sales for the 2012 Star-Spangled Banner Bicentennial Silver Dollar Set on June 1 at noon Eastern Time (ET). 

The limited-edition set contains a proof quality Star-Spangled Banner Silver Dollar, a reproduction of one of Francis Scott Key's original manuscripts of his poem "The Star-Spangled Banner," the full lyrics to the "Star-Spangled Banner," and information about our national anthem against colorful artwork depicting the battle between U.S. and British forces for Fort McHenry, Maryland.

Mintage is limited to . . .