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Showing posts from December, 2019

Gold, Silver, Platinum and Palladium Soar in 2019; U.S. Mint Bullion Sales Slump

Not all precious metals gained on the final trading day of 2019 but they all surged in December and soared on the year. Gold stretched its winning streak to six consecutive sessions and ended Tuesday... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The 1908 No Motto Double Eagle

1908-A 1908 Saint-Gaudens double eagle with No Motto. (Images courtesy Heritage Auctions) Some coins are important because they are virtually impossible while others are important because they are more available than might be expected. It is the latter which is certainly the case with the 1908 No Motto Saint-Gaudens double eagle. The 1908 No Motto Saint-Gaudens double eagle stood out from the start and was short-lived. There had been no motto because President Theodore Roosevelt read the scriptures God and gold did not mix. He wanted no mention of God on coins, and for a brief time on the Saint-Gaudens double eagle he got his way, as there would be no “IN GOD WE TRUST” on the issue of 1907 or some in 1908. However, it was eventually a fight he would lose as with some of the 1908 mintage, “IN GOD WE TRUST” was restored. Normally speaking, when you have a coin which is produced for just a couple years, you have potentially a very tough type coin as it was not enough time to produce

The Year Ahead Promises to be an Eventful One

Outlook 2020: The Big Picture Backdrop for Precious Metals https://t.co/ecXX6qlKgn — Money Metals Exchange LLC (@MoneyMetals) December 31, 2019 https://platform.twitter.com/widgets.js Outlook 2020: The Big Picture Backdrop for Precious Metals It will, of course, be dominated by political headlines leading up to the 2020 election. It could also be a big breakout year for precious metals. In the second part of Money Metals’ 2020 Outlook, we’ll drill down on the fundamental and technical setup for gold and silver… However, in this first part, we’ll set the stage by digging into the macro forces at play in the economy, monetary policy, politics, and geopolitics. Find Out More: https://t.co/Bn9tqUgbIm from Precious Metals News from Gold Eagle Price – Price of Silver Oz

Order U.S. Mint 2019 Last Chance Products by Tuesday, Dec. 31

Nearly two dozen numismatic products from the United States Mint go off-sale today, Dec. 31, 2019, at 11:59 p.m. ET. 2019 is the final year to buy several American Eagle gold and silver coins, a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Nevada State Museum Celebrates 150th Anniversary of Carson City Mint on Feb. 4, 2020

Even as the first silver dollars emerged from the sparkling new Coin Press No. 1 at the U.S. Branch Mint in Carson City on Feb. 4, 1870, there were voices in Washington, D.C., still questioning if... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Gold Gains For Fifth Straight Session, Ends At More Than Three-Month High

Gold futures started the new trading week on Monday with a fifth straight session increase and a fresh, more than three-month settlement high. Gold for February delivery edged up 50 cents, or 0.03%,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

2020 Happy Birthday Coin Set to be released on January 3, 2020

Hover to zoom. On January 3, 2020, at 12:00 noon (ET) the Mint will release its first two products of the new year: The 2020 Birth Set (2oRD) and the 2020 Happy Birthday Coin Set (20RE) . The 2020 Happy Birthday Coin Set can be used as a birthday gift for a special someone. The set allows space for a personalized birthday greeting to the recipient. There are no mintage, household order, or product limits. Each 2020 Happy Birthday Coin Set includes the following Proof coins from the San Francisco Mint: Kennedy half dollar Tallgrass Prairie National Preserve quarter from the America the Beautiful Quarters Program Roosevelt dime Jefferson nickel Lincoln penny The coins in the set have the following specifications: Denomination Penny Nickel Dime Quarter Half Dollar Composition 2.5% Copper, Balance Zinc 25% Nickel, Balance Copper 8.33% Nickel, Balance Copper 8.33% Nickel, Balance Copper 8.33% Nickel, Balance Copper Weight 2.500 g 5.000 g 2.268 g 5

What Are World War Two Tokens Made Of?

Are World War Two ration tokens made of cardboard? The tokens are made of vulcanized fiber. The dyes used to make the tokens blue or red included an ultraviolet component meant to deter counterfeiters.   Why were these ration tokens produced? Weren’t there enough coins in circulation? Many metals were considered too critical to the war effort to be spared for use in coins during the years of World War Two. The ration system brought about through the War Powers Act of 1942 included War Ration Coupon booklets. These tokens were meant to be the small change accompanying the coupons.   Would you explain the term “peeking mouse” that describes some Large Cent varieties? The so-called peeking mouse is an unusual and distinct die break appearing above the head on several 1817 Coronet cent varieties.   I’m curious who makes up the values of coins list. Does it come from the author of the Red Book? Market prices published in Numismatic News are based on reportable sales transactions,

PNG: U.S. Rare Coins Sales Top $325 Million At Major Auctions In 2019

The emphasis in the United States rare coin market in 2019 was again on superb quality and exceptional rarity with hundreds of record prices reached at major public auctions, according to a year-end... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The Specifics of the Moultrie Coin

The 5 Oz Fort Moultrie #Silver #Coin : America the Beautiful https://t.co/686pguOSY2 — Money Metals Exchange LLC (@MoneyMetals) December 30, 2019 https://platform.twitter.com/widgets.js The 5 Oz Fort Moultrie Silver Coin: America the Beautiful The Fort Moultrie quarter was designed to capture a bit of the fort’s early history. The reverse features Colonial Sergeant William Jasper waving the regimental flag, warning his compatriots of the impending British attack. Ships, British Men of War, are sailing into view in the background. The words “South Carolina”, “E Pluribus Unum”, “Fort Moultrie” and the 2016 date are stamped in a perimeter surround the image. The obverse carries the famous portrait of George Washington which has graced US quarters for decades. The image was originally designed by John Flanagan. This side carries the inscriptions “United States of America”, “In God We Trust”, “Liberty” and “Quarter Dollar”. The silver weight and purity – “.999 Fine Silver 5.0 Ounce

Weekly World Numismatic News for December 29, 2019

The year is ending with the news that Coin World and PCGS are trying to leverage technology to allegedly combat counterfeiting and provide a value add to the hobby. Coin World wants to join the sticker craze and add one to your NGC or PCGS slabbed coin. PCGS is offering a similar technology under the […]

Hope For the Hobby

by Roy Herbst  One of the biggest laments you keep hearing about numismatics is who is going to be the future collectors since younger people seem to have, at best, a lackadaisical interest in the hobby. I know my own children, despite my constant prodding, are just not interested. I have dragged them to coin shows and even an auction or two but to no avail. I have given this problem some thought and came up with an idea that I think would be helpful. My daughter is a second-grade teacher and I asked her if she could arrange for me to do a half-hour presentation on coin collecting to her class of about 20+ students. She checked with her principal and they were fine with it. I decided to try and keep it as simple as possible by taking mostly circulated coins from the early 20th century (mainly Indian cents, Mercury dimes, Buffalo nickels, etc.) for a few reasons. One, I wanted them to be able to handle and look closely at the coins and their designs and also talk about how these co

Letters to the Editor: January 21, 2020

In Defense of the U.S. Mint I just finished reading the letters in the Dec. 17 issue of Numismatic News and all the bashing of the mint once again.   I do not always agree with what the mint does all the time but it seems like it is a business no different from any other. I may be wrong but a business can choose to do what it likes and produce as many of an item as it wants. I have been collecting since I was about 15 when my grandpa would put a quarter in my hand after school and I would take it home and put it in my collection. I got out of collecting for a time when times got tough but never lost my interest in the hobby.   Beginning in 1998, I decided to start collecting again and have since attained all the collection I had before and everything since. I love the hobby but, unfortunately, I cannot collect everything I would like to. This is the case of such coins as the 2019 Reverse Proof or the 1995-W silver eagle. Not everyone will be able to own it.   Not everyone has a 1

Gold Scores Best Week In Over Four Months, Ends At More Than Three-Month High

Precious metals were mixed on Friday but they all advanced on the week. Silver extended its weekly win streak to three in a row. Gold, meanwhile, scored its best week in more than four months and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

American Eagle 2020 One Ounce Silver Proof Coin, Congratulations Set

Luck be a lady tonight, or in this case, Lady Liberty. Another new product that the United States Mint is putting out during the first quarter of the new year is the American eagle one-ounce silver proof coin . It is set to go on sale Jan. 9, 2020 at 12 noon EST. The obverse of this coin features the Classic Lady Liberty design of Adolph A. Weinman’s full-length figure of Liberty in full stride, enveloped in folds of the flag with her right hand extended and branches of laurel and oak in her left. The reverse features a heraldic eagle with shield, an olive branch in the right talon and arrows in the left. Each coin contains one troy ounce of .999 fine silver and bears the “W” mintmark, showing it was struck at the West Point Mint. It comes packaged in a blue velvet, satin-lined presentation case accompanied by a Certificate of Authenticity. This product is also available for enrollment as part of the American Eagle Silver One Ounce Proof Coin Enrollment program. At the time of th

2020 Birth Set to be released on January 3, 2020

Hover to zoom. On January 3, 2020, the Mint will release its first two products of the new year: The 2020 Birth Set (2ORD) and the 2020 Happy Birthday Coin Set (2ORE) . The 2020 Birth Set can be used as a gift for anyone expecting a baby in 2020. The set allows parents to record messages and information about their baby such as length, weight, and time of birth. There is also space set aside for a 3” by 5” photo. There are no mintage, household order, or product limits. Each 2020 Birth Set includes the following Proof coins from the San Francisco Mint: Kennedy half dollar National Park of American Samoa quarter from the America the Beautiful Quarters Program Roosevelt dime Jefferson nickel Lincoln penny The coins in the set have the following specifications: Denomination Penny Nickel Dime Quarter Half Dollar Composition 2.5% Copper, Balance Zinc 25% Nickel, Balance Copper 8.33% Nickel, Balance Copper 8.33% Nickel, Balance Copper 8.33% Nickel, Balanc

Community Voice Response: Jan. 21, 2020

From the Dec. 20 Numismatic News E-NewsLetter What hobby activities do you kick off the new year with? Here are some answers sent in from our E-Newsletter readers.   Either F.U.N. or NYINC starts my year. This year it’ll be NYINC again since my own interests are moving to world material. V Kurt Bellman Pennsylvania   I always check my change for the new year’s dated coins. Jimmy McPleasant via Facebook   I start with a new font color for my acquisition/collection spreadsheet. Though I usually use the same color and modify the acquisitions from the previous year, making 2019 Dark Green and 2020 USAF Blue. I will also be making my first 2020 purchase, a 2020 MS-70 silver American eagle and marking it in the spreadsheet. John Jordan Stafford, Va.   The post Community Voice Response: Jan. 21, 2020 appeared first on Numismatic News .

New Young Numismatist Auction at Houston Money Show

Right on the heels of the end of the January 2020 FUN show is the 63rd Houston Money Show , which goes from Jan. 17-19, 2020, in Conroe, Texas, at the Lone Star Convention Center. It is sponsored by the Greater Houston Coin Club. Besides having more than 120 dealer booths and a Vinton-McCawley auction on Friday night, there are many events going on that are sure to delight all numismatists. FRIDAY After the ribbon-cutting ceremony on Friday, Jan. 17, at 9 a.m., the bourse will be open to the public to visit booths and exhibits. At 2 p.m., the featured speaker, John Frost, will give his presentation on “The U.S. Trade Dollar and a Mystery Solved: 1894-S Dime.” An hour after that, there will be a door prize drawing in the lobby. Later, the Vinton-McCawley auction starts at 7 p.m. and goes until 10 p.m. SATURDAY Saturday is a good day to bring the youngsters as there are many young numismatist-centric programs going on. The Scout Merit Badge Clinic registration starts at 9 a.m. as we

Check Out the Assortment of $1 Silver Commemorative Coins

$1 Silver U.S. Commemorative Coins #silvercoins #commemorativecoins https://t.co/l6ZciMimVS pic.twitter.com/xf4KtCBHFg — Money Metals Exchange LLC (@MoneyMetals) December 27, 2019 https://platform.twitter.com/widgets.js $1 Silver U.S. Commemorative Coins We have an assortment of (13) U.S. Mint $1 silver commemorative coins available for $22.99! Each coin contains .7734-oz of pure Silver Find Out More: https://t.co/UPU0CYI5yZ from Precious Metals News from Gold Eagle Price – Price of Silver Oz

Chronicle’s of mammoth doors on stamp

  Settlement and farming lead to great development in human history. The gradual progress increased the necessity of protection which further resulted in fortification. The first fortified city was the Proto-city of Jericho and since then fortification became an important part of many major cities in the world. The main aspects of fortification are the grand doors that help these fortified towns to supervise, cooperate and protect. According to the literary sources like Arthashastra and Adnyapatra, a door should be made at the weakest part of any fortified city or a fort so it can be well protected. In the later period as the trade developed and larger cities started forming these door became more important, sometimes is also became the status symbol. The best examples of this statement are the doors established during the medieval period in India. The prominence and beauty of these doors are so incredible that they are still the part of many cities as the symbol of the glories past.