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Showing posts from June, 2018

Token guide published

By Howard A. Daniel III French Southeast Asia Coins & Tokens , Lansen, A.J. & Van Der Beek, M.L.F., Self-published, IJsselstein, The Netherlands, 2018, 146 pages. When I first started collecting, researching and writing about the Dutch East Indies numismatic pieces, the information about the Plantation Tokens was brief and scattered in many different references. It seemed like I found another token or set of tokens for one plantation every six months or so, and many were not in the references in my library. Then Misters Lansen and Wells (L.T.) wrote and published Plantage-, Handles- en Mijngeld van Nederlands-Indie in 2001. This reference greatly updated my knowledge, and I also saw many new images. Thankfully, Mr. Lansen did not rest on his laurels and has produced a new reference that is beyond the hopes of every collector interested in Dutch East Indies’ plantation tokens. Lansen has teamed up with Marcel Van Der Beek to produce a much improved reference. Not only is in...

Reader finds show way to future

There is nothing like circulation finds to get a collector’s blood pumping. This week, the Viewpoint and a couple of letters offer results of coin searches. I couldn’t be happier about it. Finds from circulation have provided a basis for coin collecting throughout my life. Quite frankly, I am surprised by what readers are still finding in change. One thoughtful reader provided excellent photographs of his recent good fortune. I could not ask for better. – well, yes I can. I can hope that other readers searching change will come up with some interesting pieces, photograph them and send them to me also. Most coin collectors have a penchant for statistics, and a letter on Page 8 offers a statistical incidence rate for finding silver dimes. I had no idea there is still so much silver in change. I guess that is what happens when non-collectors no longer have an idea what a silver coin looks like, so no mental alarm goes off when one passes through their hands. As other readers have poin...

Gold, Silver Plunge in First Half of 2018; US Mint Bullion Sales Drop

Precious metals futures advanced together for the first time in three days on Friday, with gold and silver snapping a longer string of four daily declines. Still, most metals stumbled sharply for the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

CCAC recommends quarter designs

The Citizens Coinage Advisory Committee met June 12 in Washington, D.C., to choose designs for the 2020 and 2021 America the Beautiful quarters to recommend to Treasury Secretary Steven Mnuchin. The 2021 design above will be the 56th and last issue of the ATB series. For the 2020 Connecticut Weir Farm issue, the committee voted to send the two designs above back to the artists for revision. The other 2020 designs above are arranged in order of release from left to right in each row.   This article was originally printed in Numismatic News . >> Subscribe today.     More Collecting Resources • Subscribe to our monthly Coins magazine – a great resource for any collector! • Order the Standard Catalog of World Paper Money, General Issues to learn about circulating paper money from 14th century China to the mid 20th century.

Mint Statistics: Platinum surprise winner in bullion race

If you had to choose which bullion American Eagle coins, gold, silver or platinum, were having the best year compared to 2017, which would you choose? How about platinum? Though none has been sold in June, the 2018 sales total of 30,000 is 50 percent higher than the 20,000 number of platinum Eagles sold in 2017. In case you are curious, in 2016 the Mint also sold 20,000. In 2015, sales were zero. How does this compare to silver? The silver American Eagles stand at 6,822,500. This is down 44 percent from the first six months of 2017. Gold is not doing much better. The one-ounce gold American Eagle stands at 82,500, down 42 percent from the first half of last year when 142,000 were sold. That makes platinum the 2018 star. Hard to believe? Perhaps, but it is true. Among collector coins, 2018 proof sets continue to be the focus of buyers. Clad is outrunning the silver version.   This article was originally printed in Numismatic News . >> Subscribe today.     Mo...

Community Voice Responses (July 17, 2018)

(Image courtesy Stack’s Bowers) From the June 22 Numismatic News E-Newsletter: Do you consider the history behind a coin when making buying decisions? Here are some answers sent from our e-newsletter readers to Editor Dave Harper.   Do I consider the history of a coin before purchasing it? Absolutely. My love of history and coins go together. First, I consider the coin itself. Who designed it? Is it a sub-type of the series? First or last year of issue? Arrows by the date? Motto or no motto, etc.? Then I like to consider the date itself. What was happening in the United States when it was struck? Who was President? Was there something significant that year? Is it a key date? All of these matters go into consideration when I consider the purchase of a coin. I love connecting coins with history. Timothy Scharr Aviston, Ill.   Indeed I do. One of my favorite features of Numismatic News is the Item of the Week page, which is near the back of each issue. I love reading ...

Letters to the Editor (July 17, 2018)

Stick with real coin dealers when buying coins On the subject of counterfeit, Chinese-made Morgan dollars online, a reader asked why someone would bother to counterfeit a $30 coin. They would do this because the profit margin, expressed as a percentage of selling price, is so high. The coins probably cost them next to nothing, less than if they were selling a genuine coin. I could never understand why anyone would buy a raw coin on an online auction site. Before online auction sites, no one would buy a raw coin sight unseen from a total stranger; now, people think it is great. If someone told you that a certain retail store in your neighborhood was selling counterfeit Rolex watches and counterfeit Coach purses, and you went in there anyway hoping to buy a real Rolex watch or a real Coach purse cheap, and you got burned, it would be your own fault. Stick to buying your coins from real coin dealers, or stick with certified coins. If there is no demand for counterfeit coins, they will d...

Special product marking 50 years of Proof coin production at the San Francisco Mint available on July 23

Washington — The United States Mint will begin accepting orders for the 2018 San Francisco Mint Silver Reverse Proof Set  ( product code 18XC )  on July 23 at noon EDT. The Mint is issuing this set to mark the 50th anniversary of Proof coin production at the San Francisco Mint. This two-lens set contains 10 coins—all with a reverse proof finish—from the United States Mint at San Francisco. The set includes the following 2018-dated coins: Hover to zoom. Five silver  America the Beautiful Quarters Program Coins  with reverse proof finishes honoring Pictured Rocks National Lakeshore (Michigan), Apostle Islands National Lakeshore (Wisconsin), Voyageurs National Park (Minnesota), Cumberland Island National Seashore (Georgia), and Block Island National Wildlife Refuge (Rhode Island). One  Native American $1 Coin  with a reverse theme that commemorates the contributions of Jim Thorpe to American sports and culture. The design depicts Jim Thorpe, while the...

Gold & Silver Prices

Gold & Silver Prices https://platform.twitter.com/widgets.js Will #Gold #Prices Finally Pull Back or Continue Marching Ahead? https://t.co/cS2iW8WIhD — Christian Linwood (@priceofsilveroz) June 29, 2018 https://platform.twitter.com/widgets.js How to Recognize a Counterfeit #Coin https://t.co/DgBYE9fL7I — Christian Linwood (@priceofsilveroz) June 29, 2018 https://platform.twitter.com/widgets.js Where to #Buy Precious Metals https://t.co/vae2Pv7ne4 — Christian Linwood (@priceofsilveroz) June 29, 2018 https://platform.twitter.com/widgets.js from Precious Metals News from Gold Eagle Price – Price of Silver Oz

2018-S Silver Reverse Proof Set Images Published

The United States Mint published today its product page for the upcoming 2018-S Silver Reverse Proof Set. It offers no new information in the sense that the agency already announced details such as... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

1804 dollar stars in Heritage auction

Topping the bidding at the Long Beach Sale was this 1804 dollar. (Image courtesy Heritage) The King of American coins was the star at Heritage Auctions’ Long Beach sale held June 14-17. Bringing $2.64 million was the Mickley-Hawn-Queller specimen of the 1804 dollar. It is a Class I “Original” example, according to Heritage. It was graded PR62 by the Professional Coin Grading Service. Eight of the 15 known 1804 dollars are designated original even though they were produced in the 1830s as diplomatic gifts. The full story of this incredibly rarity is told on the Heritage website. https://coins.ha.com/itm/proof-early-dollars/1804-1-original-pr62-pcgs-secure/a/1276-4003.s Among the many pages of information was this review of its market performance: “Prices for 1804 dollars at auction soared as the decades passed. In 1960, the Davis Restrike 1804 dollar brought $28,000 at auction, while in 1970 the Mickley Original specimen realized $77,500. In 1980, at one of the U.S. coin marke...

Galaxies and Nebulae Silver Spinner series

Background image by Bruno Gilli/ESO. By Louis Golino In recent years, the most popular themes on modern world commemorative coins have undoubtedly been ancient mythology and astronomy with different mints producing many such series. But with so many different coins featuring planets, asteroids, space mining, and other topics related to astronomy and cosmology, coming up with something different has become more challenging. The new Galaxies and Nebulae Spinner Collection of silver rounds that depict various deep space phenomena from the Osborne Mint are just that. I anticipate collectors who love coins on this theme will eagerly embrace the new series, which is unique in several ways. First, instead of having an artist produce their own rendition of the galaxies and nebulae on its collection of one-ounce silver rounds, they instead feature dazzling color images that were “generated using files downloaded from the Hubble Space Telescope and mated with Earth-based radio telescope da...

Canadian 2018 $20 Silver Coin Includes Meteorite Fragment

The Royal Canadian Mint is commemorating the 150th anniversary of the Royal Astronomical Society of Canada (RASC) with a $20 silver coin that features a shard of a real meteorite. Founded in 1868,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Survey shows way in battle against fakes

How big a threat are counterfeits in the coin market today? Everybody has their own story. Most agree it is a growing threat. But we don’t know for sure. That is why the Anti-Counterfeiting Task Force of the Industry Council for Tangible Assets conducted a survey of major dealers in June . Interpreting results and then acting will be the challenge. The survey obtained responses from 363 dealers. That number might seem small, but these are veteran dealers. Over half said they have been in the field for over 30 years. This isn’t their first rodeo, as the saying goes. However, there was no weighting. A dealer doing a billion dollars a year in sales had the same input as a vest pocket dealer doing just a few thousand dollars. It pays to keep this in mind for figures like the following: Fully 20 percent of the respondents said they were never offered a fake. Another 68.6 percent said they were offered fakes only sporadically. If I stopped reporting here, you might be forgiven f...

The unsolved mysteries of the world illustrated through stamps and coins: part 2

Enigma, riddle and unexplained secrets, the mysteries of the world have returned to make you more curious about the unsolved phenomena. It is hard to believe in the existence of these events, due to the lack of evidence that make people suspicious and curious. These mysteries are popularised by the government by illustrating them on their coins and stamps. There are many such phenomena illustrated, but only sixteen of these events are widely known and popular among the people. Part one  of these sensations cover events of Marie Celeste, lost island and much more. In this second part the marvel of Egypt, mysteries of Stonehenge, unknown art is further explained and analysed.   To know more about them, we have to commence on the journey of uncertain and unresolved events through the clues embellished on the coins and stamps. There will be many unanswered and answered questions.     Circle of Menhirs: the Stonehenge In the wild terrains of Wiltshire on the high ...