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Showing posts from March, 2018

New deputy master for Royal Mint

Ann Jessopp For the first time in over a thousand years, Britain’s Royal Mint has a woman as its Deputy Master and chief executive. The appointment of Anne Jessopp to these roles was announced Feb. 19 by Robert Jenrick, Exchequer Secretary to the Treasury. Her first ceremonial role will be to lead this year’s Trial of the Pyx.   This article was originally printed in World Coin News . >> Subscribe today.   • The 1800s were a time of change for many, including in coin production. See how coin designs grew during the time period in the Standard Catalog of World Coins, 1801-1900 . • Keep up to date on prices for Canada, United States and Mexico coinage with the 2018 North American Coins & Prices guide. The post New deputy master for Royal Mint appeared first on Numismatic News .

Ryder perfect for Mint directorship

David J. Ryder The chair of David Rittenhouse has finally been filled after remaining empty for over seven years. David J. Ryder was confirmed by the United States Senate as director of the United States Mint March 21. The Mint directorship is both a hands-on management position and a political office. Both elements need to be mastered by the incumbent. Ryder is a good choice to accomplish this. He has held the office before. He was Mint director in 1992-1993, appointed by President George Herbert Walker Bush. His time in the job was cut short by a change of the political party in power. The office is also a keeper of historical memory. Last year, the Mint celebrated 225 years. A Mint director will be expected to foster the traditions that make it a great national institution and carry it on toward its next significant anniversary. There have been other Mint directors who have had two bites of the apple. But Ryder is unusual in that the gap is almost 25 years. James Pollock se...

SCAM NOTICE: Philadelphia World’s Fair of Money Hotels

Normally, I do not directly publish news items but this is important for the entire community. Did you receive an email or call trying to sell you a Philadelphia World’s Fair of Money hotel room? The ANA did not authorize this. It has come to our attention that a third-party booking company inaccurately representing itself […]

First coins of King Rama X on April 6

Mr. Apisak Tantivorawong, Thailand Finance Minister,announced on Wednesday the making of circulated coin of King Rama X. The first coins featuring the portrait of His Majesty King Maha Vajiralongkorn Bodindradebayavarangkun will be put in circulation on April 6. The new coins will comprise nine denominations: 10 baht, 5 baht, 2 baht, 1 baht, 50 satang, 25 satang, 10 satang, 5 satang and 1

BNM & University of Malaya logos on fake certificate

Bank Negara Malaysia (BNM) have warned the public about Fake Certificate by International Fintech Foundation (Yayasan Fintech Sedunia) that use BNM and University of Malaya logos on their certificate. The Professional certificate in certified crypto asset consultant is not authorise or endorse by BNM. According to BNM, they does not authorise or endorse any certification programme related

Meaningful coins worth collecting

Breast cancer affects many women and their families. A pink gold $5 symbolizes the battle. Many coins are meaningful to collectors. The great circulation find, a top-grade silver dollar, the Buffalo nickel that completed a set. Maybe you treasure the coins that Grandma gave you when you started collecting or a coin Dad left you. Recently, three new commemorative coins have been released that have serious meaning for many people, not only collectors. Those are the three coins that honor the fight against breast cancer. Breast cancer affects many women each year. Most everyone knows someone who has fought a battle against this horrible disease. More and more women survive, but too many do not. The half dollar, dollar and $5 gold bear the same design. The obverse depicts a woman clasping her hands and closing her eyes, as if she is breathing a sigh of relief, after receiving good news. Another woman is shown, wearing a head scarf, raising her fist, ready to fight her disease. A ribb...

Maritime surf through Indian Coins: Coins with ships and boats

A long ago, around 3700 BCE the world’s one the earliest port was built in the city of Lothal (Gujarat, India) by the people of Indus Valley. And this was the beginning of the maritime history in the Indian subcontinent. So today, we will surf into the Indian maritime history through Indian numismatics; coins with ships and boats. The boat fragments are found on the painted potsherd and an unfired steatite seal of a boat are excavated at Mohen-jo-daro. The Indus valley was called as Melluha and it was mentioned in Mesopotamian texts; both of the ancient civilization had trading contacts with each other. And of course, this would not have been possible without bustling and advance maritime trading activities. The researchers often opine that Indians knew the art of boating/ boat building since the Stone Age Period [1] .   Let us the check the historical sources of boats in Archaeology and Literary.   Reference to ships and voyages in Literary sources India’s earliest scr...

Mint Statistics: Beware accountants with sales revisions

Mint accounting is reconciling again. You know what that means. All five World War I Centennial dollar and medal sets saw subtractions from their sales totals. The changes ranged from a loss of a few hundred to loss of a handful. Speaking of handfuls: Gold American Eagle bullion coin sales in March are virtually nonexistent. Just 3,500 ounces of one-ounce and tenth-ounce coins were sold as of press time. Silver Eagles did better. This week sales rose by 285,000. The monthly total is 915,000. That trails February’s 942,500 number. Will March beat this in the final three days? Wait and see. Breast Cancer Awareness sales move ahead. The pace is slower. The first days of availability have passed. The proof gold $5 added 933, the uncirculated $5 320, the proof dollar 3,842, the uncirculated dollar 1,537, the proof half 1,794, and the uncirculated half 1,107.   This article was originally printed in Numismatic News . >> Subscribe today.     More Collecting Resourc...

Community Voice Responses (Apr. 17, 2018)

From the Mar. 23 Numismatic News E-Newsletter: Do American Legion coins pay appropriate honor to veterans in your family? Here are some answers sent from our e-newsletter readers to Editor Dave Harper.   As a young farm boy from Iowa, my grandfather (Joe) went across the Atlantic Ocean to help a cause greater than himself. He had no idea that his future brother-in-law (Les) was right there with him at the time, in a different part of our Armed Services. The designs for these dollars, to me, are something that will honor their memory for generations to come. We may not know or remember all their names, but their generation sacrificed so much for the world, and these coins are a tiny tribute and are so beautifully designed. I’m glad to see that these coins are well designed. I hope to own each one of them for my collection. I’m sure Joe and Les would agree! Tony Brubaker Address withheld   I used to see many American Legion coins depicting vets. I have also seen other or...

Letters to the Editor (Apr. 17, 2017)

Mint needs years to win back its customers Declining sales at the U.S. Mint are the result of a combination of factors. If a survey were taken, the Mint might be surprised by the number of collectors who will no longer purchase coins directly from the Mint. Ordering problems, inability to purchase desired coins, preference given to bulk buyers, unpredictable ordering periods, high premiums on items offered, and lower prices on the secondary market have been frequent complaints in recent years. As an example, note how often “Product Currently Unavailable” appears on the website. Who wants to waste time checking the site daily to see if the product is now available? Either the product is sold out, or sell it to your customers. When a customer sees “sold out,” that event represents a lost sale. This year, the Mint is introducing a new mistake: the Cancer Awareness gold commemorative contains only 85 percent gold. In reducing the gold content from the traditional 90 percent and changi...

NCIC Tip Leads to Arrests in the Rob Gronkowski Break-in During Super Bowl

While New England Patriots tight end Rob Gronkowski was busy playing in Super Bowl LII on Feb. 5, suspects were busy burglarizing his home, which he shared with three other individuals. The suspects... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Gold Logs Third Straight Quarterly Gain; US Mint Bullion Sales Sluggish

Gold futures dipped ahead of the extended Easter weekend, driving prices lower for the week and trimming monthly and quarterly gains. Major U.S. and European markets are closed today, March 30, in... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Brasher gold sells for over $5 million

The Brasher doubloon is an American numismatic icon now worth over $5 million. What can a company approaching sales of $1 billion a year like Heritage Auctions do that it has not done before? Sell a classic American rarity for over $5 million, the largest sum for a single item in its history. The coin that changed hands is the finest certified Brasher doubloon. Heritage brokered the sale. Involved were Monaco Rare Coins and an anonymous West Coast collector. Terms of the transaction remain confidential by a non-disclosure agreement between buyer and seller, said Todd Imhof, executive vice president at Heritage, who brokered the coin on behalf of Heritage and the anonymous collector. Created before the federal government came into existence, the 1787 gold piece is graded MS-63 by Numismatic Guaranty Corporation. It has a Certified Acceptance Corporation sticker. It is the finest of seven such certified coins known to exist. Heritage Auctions said it previously sold the coin f...

What happens if bullion coin business fails?

Everybody has to pay bills. The cash to do so has to come from somewhere. For many in the coin business, selling bullion coins has helped keep the lights on. Some have gone so far as to abandon numismatics in favor of all bullion all the time. But was that wise? Bullion sales move in waves with prices. When prices rise, everybody seems to want it. When prices fall, there are fewer buyers. Since silver is down from its year-end value of $17.06, it is probably no surprise that sales of the 2018 silver American Eagle bullion coin have fallen with it. In the first three months of the year, sales are down by 36 percent. That’s a big number. Worse, 2017 itself was a weak year. So far, the Mint has sold 5,092,500 of the one-ounce silver bullion coins. This compares to 7,957,500 sold in the first three months of 2017. Yikes. In fact, the one-month January 2017 sales total of 5,127,500 exceeds what has been sold so far in 2018. How can bullion sellers keep the lights on with suc...

The Dentuck Balto blog: Friday, March 23, 2018

Friday morning at the Baltimore Expo I spent some time at the Kids Korner, gearing up for the young collectors who storm the bourse in full force mostly on Saturday when they’re off school. In preparation, we sorted Lincoln cents by type (Wheat, Memorial, and Union Shield) and stuffed Whitman bags with coins, folders, albums, and other prizes. Kids who visit the Korner get five minutes to sift through piles of cents and fill Whitman blue folders with as many dates/mintmarks as they can. (They keep them when the five minutes is up.) Younger budding numismatists get crayons to color activity sheets donated by the United States Mint. And every young visitor gets to reach into the wooden treasure chest packed with valuable coins, medals, and tokens. Donations are welcome (and needed) for the Kids Korner. If you’re a dealer or collector and you want to encourage young hobbyists and help make their coin-show visit exciting and fun, contact Lori Kraft to make a donation of coins, tokens, me...