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Showing posts from April, 2019

1889 Three-Cent piece

An 1889 nickel three-cent piece can range in price from $90 to $500, depending on condition, according to U.S. Coin Digest. (Image courtesy of USACoinBook.com) There is always something special or maybe even sad about the last coin of a type. In the case of the 1889 copper-nickel three-cent piece it was the last year of three-cent pieces of any type and to that degree seems almost sad. The three-cent piece might have deserved better but realistically by 1889 its days were certainly over. That does, however, make the 1889 a special three-cent piece and a great value as well. As the last date of a denomination it can certainly be said that the importance of the 1889 three-cent piece can be found in the story of the dates which came before it. The idea of a three cent piece had appeared in 1851 when there was a national coin shortage as the discovery of gold in California had upset the gold-to-silver ratio which made a silver coin cost more to produce than its face value. That saw th...

BoE Rarities Rule DNW Paper Results

Results from Dix Noonan Webb’s sale of British notes in late March were dominated by Bank of England rarities. There is nothing remarkable in this. Certainly, collectors of Scottish and private banks’ issue expect their moment in the sun from time to time. On March 28, however, it was some classic historic BoE white notes that ruled the day. Top-priced lot was an eminently collectable extremely rare £500 dated 30 September 1936, signed by Kenneth O. Peppiatt and issued at Liverpool (EPM B246e; cf. P-340). It came in fresh and original condition with well-defined embossing. Graded gVF it easily bid-up to its $15,720 [£12,000] upper estimate. Collection highlight: the rare £500 of 30 September 1936 signed by Kenneth O. Peppiatt and issued at Liverpool (EPM B246e; cf. P-340) that realized $15,720 in gVF. (Image courtesy of DNW.) A little distance in the rear came a similarly extremely rare white fiver issued at London, signed by Thomas Rippon, dated 13 August 1833, and bearing serial...

India struggles against fakes

You know counterfeit coins are a problem when the state archaeological department issues an advisory warning. The situation is so sufficiently serious, that India’s government has recently taken such action. Bogus examples of popularly collected 17 th to 19 th century copper shivrai coins issued during the rule of the Marathas are being sold “in the market through portals,” according to several sources. The coins circulated through the end of the 19 th century, particularly in the region of the Bombay Presidency. Several counterfeiters are reported to be active in Gujarat and West Bengal. Assistant Director of the State Archaeology Department, Vilas Wahane, was quoted by the March 5 Pune Mirror newspaper as saying, “Because fake coins are being circulated people must crosscheck the genuineness of coins through numismatists as only they are aware of the standard weight and metal quality.” The Numismatic Society of India, founded in 1910, has been recommended by the agency as a p...

Designs Being Considered for Mayflower Commemorative

Image copyright Getty Images. The United States Mint , in accordance with The Mayflower Commemorative Coin Act (Bills S.1715 and H.R.2980), will be producing a series of 24K gold coins and silver medals in 2020 to commemorate the 400 th Anniversary of the Mayflower’s voyage.  Carrying a group of people seeking a new way of life and religious freedom, the Mayflower set sail from England to arrive in a new world in late 1620, landing in Plymouth, Massachusetts–or Patuxet–as the Wampanoag people called the area. These two distinct cultures intersected as the Pilgrims endeavored to realize the lives they have envisioned.  It is a complex history with multiple stories to be told. On April 16 and 17, the 11-member committee of the Citizens Coinage Advisory Committee (CCAC) held two meetings to review and discuss the designs for upcoming U.S. Mint issues, which included the Mayflower designs.  The final designs will be selected by the U.S. Secretary of the Treasury after c...

2021-2025 American Platinum Eagle Proof coin designs

On April 16, at 9:30 a.m. (EDT), the Citizens Coinage Advisory Committee (CCAC) held the first of two meetings (the second was held April 17 at 10:00 a.m.) to review and discuss designs for upcoming issues by the Mint. Among the coins and medals that were reviewed during this two-day meeting period were the Mayflower 400th Anniversary 24-karat gold coins and silver medals, the 2019 American Innovation $1 coins, and the 2021-2025 American Platinum Eagle Proof Coin Series. Below are the various proposed designs for the 2021-2025 American Platinum Eagle Proof coins and their accompanying descriptions. Let us know in the comments which designs you would choose! 2021-2025 American Platinum Eagle Proof Coin Reverse Designs Required obverse inscriptions for the 2021-2025 platinum Proof coin are “Liberty,” “In God We Trust,” “E Pluribus Unum,” and the year of issuance. The reverse design introduced for the 2018-2020 Platinum Proof series, featuring an American eagle, will be the same revers...