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Bid $100,000 and the gold coin is yours

Boston goldsmith Joseph Edwards Jr. doesn’t have the fame Ephraim Brasher and his Brasher doubloon do, but the two men were in the same business. Both were goldsmiths who stamped foreign gold coins of adjusted weight to indicate a standard of value for early Americans. Daniel Frank Sedwick, LLC, will auction a 1741 gold cob 8 escudo stamped by Edwards to indicate a $15 value. It has a pre-sale estimated price of $100,000. The piece is graded XF-40 by Numismatic Guaranty Corporation. It is pedigreed to the Julius L. Brown collection that was sold in the S.H. Chapman auction of 1911 as lot 343. “This is a very important piece for both the Spanish colonial coin collector as well as the U.S. collector,” said company president Daniel Sedwick. “Never before have we offered such a significant gold coin; the dual-nation history it represents goes far beyond a simple countermark.” This is the only gold coin known to have been so stamped by Edwards, who was a third-generation goldsmith i...

U.S. Coin Production Slips to 902.9M in March; Pictured Rocks Quarter Mintages Revealed

The United States Mint produced just over 3.57 billion coins for circulation in the first three months this year, marking their slowest first quarterly pace since 2014. U.S. Mint data also offers... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Jackson stays on $20 at least to 2026

Andrew Jackson has been on federal paper money for more than 100 years. His tenure has just gotten longer. Andrew Jackson’s place on the $20 bill is secure at least until 2026. Abolitionist Harriet Tubman was supposed to replace him by 2020, the 100th anniversary year of women’s right to vote. However, that will not now be the case. Delays in approving a final design are blamed by the nation’s paper money factory, the Bureau of Engraving and Printing. Putting Tubman on the $20 was a decision made in 2016 by Barack Obama’s Treasury secretary, Jack Lew. That decision was a fall back for Lew, who originally had determined to kick Alexander Hamilton off the $10. But that blew up in his face. Public outcry, inspired in part by the popular Broadway play “Hamilton,” saved the country’s first Treasury secretary from numismatic exile. President Jackson was then chosen for eviction. Lew also determined that the backsides of the $10 and $5 were also to be altered in a sequential proces...

Stack’s Bowers to Auction Finest Known 1913 Liberty Head Nickel

Stack's Bowers Galleries will auction the finest known 1913 Liberty Head nickel this summer during the ANA World's Fair of Money in Philadelphia. Graded PCGS Proof 66 and pedigreed to the Louis E.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Gold Logs New 5-Week Low

In precious metals futures on Thursday, palladium stood alone with gains while gold, silver and platinum declined for a second straight session. Gold ended at a new, five-week low. Gold for June... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Famous 1913 Liberty nickel to be auctioned

When I heard that the finest-known 1913 Liberty Head nickel will go on the auction block Aug. 15 at the American Numismatic Association World’s Fair of Money, I almost felt tingles. The story of the nickel is one of my favorites. Stack’s Bowers Galleries putting it up for sale provides the chance to tell this story another time. There are only five known. Their production remains a mystery but somehow involved Samuel W. Brown, a former Mint employee. The Professional Coin Grading Service grades this piece Proof-66. It once was owned by Louis E. Eliasberg Sr., a Baltimore banker of the mid 20th century who is credited as being the only person to have ever assembled a complete collection of U.S. coins. Consigning this finest-known example is the family of Dr. William Morton-Smith. Stack’s Bowers said he was an old-time collector from Boston whose numismatic interests were spurred by a remarkable discovery. Dr. Morton-Smith inherited a Colonial desk that had once belonged to his ...

Star orientation documented for Dallas, San Francisco notes

By Peter Huntoon The first runs of Series of 1928 Dallas and San Francisco $100 star notes were numbered on the same 12-subject overprinting and separating press on November 22, 1929. Both press runs were 1,000 sheets each bearing serials 1 through 12,000. The sequence of numbers on the left sides differed from those on the right by 6,000 for both press runs. Consequently, the first sheet contained numbers 1 through 6 and 6001 through 6006. The stars had to be inserted into the numbering wheels and locked in place; however, they could be inserted so that they either appeared right-side-up or upside-down on the printed notes. The operator did not notice the distinction, so the orientation of the stars came out mixed on the notes. The spectacular foursome illustrated here from the San Francisco bank illustrates all four possible permutations. Bob Liddell painstakingly assembled this set. The positions of the stars were the same for both the Dallas and San Francisco runs. We have ca...