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Showing posts from May, 2018

NGC Imaging Service Photos Coins Before Encapsulation

One Friday, June 1, Numismatic Guaranty Corporation (NGC) will roll out a new imaging service for customers. The service offers submitters an option to receive high-resolution images of their coins... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Cent’s future stretches as far as eye can see

How many more years will we continue to use the cent? People who want it abolished say it has virtually no purchasing power and the government loses money on each one struck. People who want to keep it say without it, inflationary price rises will occur as every price is rounded to the nearest nickel. They also say providing the cent is a necessary service to commerce and, if it costs the government money to do this, so be it. That’s what government is for. Both of these positions put the future of the cent in the hands of the politicians in government. They are inclined to let things remain as they are. But there is an option that puts the future of the cent in the hands of the people. If people simply stop using the cent, it will pass away. The question is, will they? Years ago, the late writer Paul Green introduced the concept of abolishing coins by refusing to use them. People of a country can reach a point when it is more bother to use a low-denomination coin than to aban...

Celtic hoard to be sold June 4

Coins from the Quidenham Treasure hoard, Norfolk, 2014. (Image courtesy and © Chris Rudd) Britain’s “Celtic Coins,” a.k.a. Chris Rudd Ltd., have announced that on Monday, June 4, the firm will be offering for sale coins from the fabled Quidenham hoard via their website: www.celticcoins.com/. The posting is scheduled that morning for 9 a.m. local time. The hoard consists of 22 Roman silver denarii and 25 Icenian silver units discovered at Quidenham in Norfolk, 2014, by a metal detectorist. It is historically important in that it provides a further numismatic link with Queen Boudica’s rebellion against the Romans in 60-61 C.E. Like contemporary known hoards, it is likely it was concealed during the revolt. Among other pieces, it contains three examples of the so-called Tribute Penny, denarii of Emperor Tiberius, all minted at Lugdunum (Lyon) post-14 C.E. Full details of the coins can be found in The British Numismatic Journal 86, 2016.   This article was originally printed in...

Precious Metals to Avoid

There are also precious metals you want to avoid buying as they are a weak investment. At the top of this list are high-cost numismatic coins. These coins contain various metal content and are meant for collectors, not investors. Some numismatic coins will have value, while others are basically worthless as their value will plummet over time, such as certain commemorative coins. Bullion is what investors want to buy. //www.pearltrees.com/goldeagleprice?embed=2&d=20180531857 Goldeagleprice 3 Bluntly Simple Personal #Finance Advice That Work Miracles https://t.co/S4oQCDm9Sx — Gold Eagle Price (@goldeagleprice) May 31, 2018 https://platform.twitter.com/widgets.js Is It Worth It: Morgan #Silver Dollar https://t.co/U4nm7rfpoW — Gold Eagle Price (@goldeagleprice) May 31, 2018 https://platform.twitter.com/widgets.js Is #Gold a Good #Investment ? https://t.co/eUECioLNfJ — Gold Eagle Price (@goldeagleprice) May 31, 2018 https://platform.twitter.com/widgets.js from Prec...

Dollar Day opens May Regency sale

Legend’s 26th Regency Auction in May was a two-day event held May 16-17 in New Orleans that used the first day to offer 237 silver dollars. The first day’s offerings were anchored by the P.F.M. Collection of Morgan Dollars, selections from the world-famous Aurora Borealis Collection of Toned Morgan Dollars, and the Crow River Collection of Peace Dollars. The highest-grossing lot in the session was the 1892-S dollar graded MS-65 by the Professional Coin Grading Service from the P.F.M. Collection – the current No. 6 PCGS Registry Set – which sold for $193,875. • Lot 29 – $1 1880-CC PCGS MS-67 CAC realized $29,375 • Lot 44 – $1 1882 PCGS MS-67 CAC realized $28,200 • Lot 77 – $1 1889-CC PCGS MS-63 realized $42,300 • Lot 78 – $1 1889-O PCGS MS-66+ realized $43,475 • Lot 89 – $1 1891-O PCGS MS-65 DMPL CAC realized $58,750 • Lot 116 – $1 1899-O Micro O. PCGS MS-64+ CAC realized $32,900 • Lot 131 – $1 1903-S PCGS MS-66 CAC realized $25,850 • Lot 171 – $1 1880-S MS-65+ CAC realized $1...

New signature for BoE notes

Sarah John, the Bank of England’s new Chief Cashier, whose signature will occur on all future issues of the bank, including the new Turner £20. (Image courtesy and © Bank of England) On the last day of April, the Governor of the Bank of England announced the appointment of a new Chief Cashier and Director of Notes: Sarah John. She will take up the role on June 1. In making the announcement, the Governor observed: “Bank notes play a central role in public life and are a crucial part of the Bank’s mission to maintain monetary stability. I am delighted that Sarah will be leading this area as the Bank’s thirty-third Chief Cashier. She will bring a wealth of experience to our work to issue the polymer £20 featuring J.M.W. Turner and to research new bank note technologies, as well as the future of bank note demand.” John joined the Bank as a graduate from Cambridge in 1999. Over the past 19 years, she has undertaken a wide variety of roles in relation to monetary policy, financial stabi...

Investing in Gold Vs. Silver

“Investing in Gold Vs. Silver” https://t.co/1aIWrT5XkC — Alex Winter (@alexdwintertx) May 30, 2018 https://platform.twitter.com/widgets.js The 7 Biggest Lies Told (and Believed) about #Gold https://t.co/jLrfHHYXWZ — Alex Winter (@alexdwintertx) May 30, 2018 https://platform.twitter.com/widgets.js #Bitcoin Needs Electricity, #Gold CONDUCTS Electricity https://t.co/gZksNDdDRr — Alex Winter (@alexdwintertx) May 30, 2018 https://platform.twitter.com/widgets.js The Best Reasons to #Buy #Gold in the Age of #Trump https://t.co/s2ie6xu8UX — Alex Winter (@alexdwintertx) May 30, 2018 https://platform.twitter.com/widgets.js from Precious Metals News from Gold Eagle Price – Price of Silver Oz

The Value of Gold Bullion for an Investment

“The Value of Gold Bullion for an Investment” https://t.co/GaT7azQW0M — Christian Linwood (@priceofsilveroz) May 29, 2018 https://platform.twitter.com/widgets.js A Whole New World Of #Gold Demand Is Opening Up https://t.co/WHjryucMsP — Christian Linwood (@priceofsilveroz) May 29, 2018 https://platform.twitter.com/widgets.js #Silver May Have Peaked for the Year – or Not https://t.co/h5Fi40qrAI — Christian Linwood (@priceofsilveroz) May 29, 2018 https://platform.twitter.com/widgets.js Is #Trump Serious about Returning to a #Gold Standard? https://t.co/XF53dqMSye — Christian Linwood (@priceofsilveroz) May 29, 2018 https://platform.twitter.com/widgets.js from Precious Metals News from Gold Eagle Price – Price of Silver Oz

Uncommon Canadian note brings $22,800

Canadian rarities proved popular at Heritage’s CSNS World Currency Signature Auction held April 26-30 in Chicago. Prices realized were headed by a charming French text, Canadian commemorative $25 of 1935. This is the note with vignettes of King George V & Queen Mary in their coronation robes (P-15). Not only did it come graded a highly desirable PCGS Choice About New 58PPQ, it also sported serial number F000008. Highly-collectible French text, Canadian $25 issued in 1935 showing King George V and Queen Mary in their coronation robes. In PCGS Choice About New 58PPQ and with serial F000008, it realized $22,800. (Image courtesy and © Heritage Auctions, www.ha.com) Given that most low serials of this issue are in the Bank of Canada’s Currency Museum, it was unsurprising when the note was bid up to $22,800. Even so, that price could be regarded by many collectors as something of a steal. A scarce “Devil’s Face” $1,000, P-73, was not all that far back in the field. Just 30,000 of t...

Passion of the King illustrated: Coins of Jahangir

The Mughals hardly require any introduction; it is perhaps the most famous dynasty in Indian history. The coinage of the Mughal Empire occupies a unique position in the history of Indian numismatics. Endowed with the imagination and magnificence of Akbar and Jahangir that was fostered by the later Mughal emperors, Mughals presented a breathtaking example of coinage in terms of art and wealth. Here, in this session, we will see the endearing couplets which beautifully bore on the coins of Jahangir . These soulful couplets are the clear evidence was of his obsession with the Poetries. His obsession reflected excellently through his coins. Mirza Nuruddin Beig Mohammed Khan Salim was known in history by his imperial name Jahangir. He was the fourth Mughal emperor who ruled from 1605 to 1627 AD. Among all the Mughal Emperors he was undoubtedly the greatest patron of fine arts and he took a great interest in it. It is said that Jahangir issued gold and silver coins featuring more than 50 v...

Vapor blasting creates a matte finish

Would a “vapor blast” process make the appearance of a coin frosted? Since vapor blasting is similar to sand blasting but uses compressed wet vapor rather than dry compressed air, it leaves a matte finish. I am aware that the U.S. Mint is using a laser finish. Is this what is used in the 2017 Enhanced Uncirculated sets? According to the U.S. Mint website, “…enhanced Uncirculated finish uses a combination of laser frosted areas and an unpolished field that accentuates design details, creating a unique contrast distinctly different from the mirror-like finish of proof coins.” An earlier Mint statement about the 2013-W reverse proof and Enhanced Uncirculated two-coin set reads: “The horsehair brush automated process creates a reflective surface of artwork elements, but cannot achieve a smoothness of the felt pad. The felt pad cannot polish relief and is generally used to polish the field of a proof die, resulting in a mirror like finish. The auto polishing with a horsehair brush resul...

Memorial Day 2018

The first recorded organized public recognition of the war dead occurred on May 1, 1865, in Charleston, South Carolina. On that day, Freedmen (freed southern slaves) celebrated the service of the 257 Union soldiers buried at the Washington Race Course (now Hampton Park). They labeled the gravesite “Martyrs of the Race Course.” African Americans continued […]

Great War remembrance coin series designed by Joel Iskowitz

Iskowitz in his studio in 2010. Photo by Tvoz. By Louis Golino On or before Veterans’ Day, November 11, 2018, the Bradford Exchange will launch a series of coins designed by renowned American artist and designer Joel Iskowitz that pays tribute to the fallen soldiers of the First World War (1914-1918). Mr. Iskowitz retired from the U.S. Mint earlier this year as the most prolific coin and medal designer of the Mint’s Artistic Infusion Program that is intended to add greater diversity to the designs that appear on U.S. coins and medals. 2008 American Eagle Platinum reverse (Judicial Branch) design by Joel Iskowitz. Hover to zoom. He designed 54 important works of numismatic art for the Mint between 2005 and 2017, which includes some of the most well-regarded designs of recent decades such as several for the American Platinum Eagle Proof coin series and the 2016 Theodore Roosevelt National Park coin in the America the Beautiful series. Mr. Iskowitz has a distinct artistic style ...