HomeNewsCoinWeek News Wire for June 17, 2016

CoinWeek News Wire for June 17, 2016

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By Coinweek ….

CoinWeek News Wire for June 17, 2016

Brain Food

1.) Look closely at your change

Another day she was picking up some hamburgers at a fast food restaurant, reached into her purse for change and noticed another euro. The attendant told her they have been getting a lot of them lately so their manager advised staff to be on alert for them

2.) New Issue of Mint Error News Magazine is Live

If you’ve been following the news lately, then the name Mike Byers may seem familiar. He’s the man behind the strange 1970-S Washington Quarter mint error going for over $30,000 “Buy It Now” on eBay that’s been all over Facebook and the non-numismatic press. This is the latest issue of his Mint Error News magazine.

3.) How To Make 1 Yen Coins Float On Water

The Future Is Now

4.) Magna Carta stored on a glass coin presented to Salisbury Cathedral

The disc was created by researchers at the University of Southampton to preserve data for billions of years.

Using technology that can store “vast amounts of data” in glass, the one inch (2.5 cm) glass disc is inscribed with both the Latin and English Versions of the Magna Carta

Under the Radar

5.) Coins to honour our geniuses

An engineer and a heart surgeon might not have much in common, but two of South Africa’s most prominent innovators will now be featured on a series of collectable coins

6.) Finland launches Presidents series

Mint of Finland has released the Presidents of Finland collector coin series by decision of the Ministry of Finance. The first collector coin in the series pays tribute to Kaarlo Juho Stahlberg, the first President of Finland (1919-1925). The coin was released on May 3, 2016. The nominal value of the base-metal collector coin, to be minted in 2016 and 2017, is 5 euros

7.) French firm to design, mint new Saudi coins

Saudi Arabia is in the process of designing new coins. The coins are being designed by the Monnaie de Paris company at its manufacturing facility in Pessac. The factory will produce 300 million pieces in seven categories. The new coins are expected to enter production between 2016 and 2017…

“Good News, Everyone…”

8.) ‘Newfoundland and Labrador, I love you’: Edmonton man thrilled after cabbie returns coins

An Edmonton man is thanking Newfoundlanders and Labradorians after being reunited with a case of commemorative coins he lost over the weekend.

But the cab driver who returned the coins says it was the obvious thing to do…

[A link to the earlier bulletin is featured below. —CoinWeek]

9.) Visiting man pleads for help after leaving valuable coins in St. John’s taxi

A man in Newfoundland to display a collection of valuable coins is devastated after accidentally leaving them in the back of a St. John’s taxi Saturday night.

Joseph Green, president of Beaverworks Mint, was in the city for the Legion Dominion Command Convention, spending a few days at the St. John’s Convention centre to show off 38 silver coins dedicated to the Royal Canadian Air Force and the Avro Arrow aircraft…

10.) Newcastle man to be reunited with rare Muhammad Ali coin – 39 years after losing it

When the legendary boxer visited Newcastle in 1977 he gave schoolboy Ian Pleasant a gift, which he thought he had lost forever

11.) Charity worker receives national award for collecting coins

Billy Denney, who has worked in his local cancer charity shop for 27 years, has raised £24,000 from the sale of his popular coin cards.

And the 82-year-old, of Upper Achintore, Fort William, has just been presented with Cancer Research UK’s Flame of Hope award for his efforts…

Banknote News

12.) Blind-friendly Rs100 banknote issued

Nepal Rastra Bank has issued Rs100 denomination banknotes with a feature which allows visually impaired people to recognize them. This is the first time that paper money that has been specially designed for the benefit of blind people has been put in circulation, the central bank said

13.) The Secret Anti-Counterfeit Symbol

You can’t copy money. Like really, it’s not just illegal, you just can’t do it on a photocopier

Treasure News

14.) 1824 Spanish coin found under Vann Cherokee Cabin in Cave Spring

A Spanish silver coin dating back to 1824 was found by two men using a metal detector to sweep beneath the foundation of the Vann Cherokee Cabin.

The coin was the surprise promised by the Cave Spring Historical Society to those who attended Saturday’s soft opening of the cabin on Cave Spring’s Broad Street…

15.) Archaeologists frustrated as ‘Night hawks’ swoop on East Hampshire dig

AN EXCITING project which could shed new light on the district’s Bronze and Iron Age past is being jeopardised by ‘night hawks’.

But the Catherington Archaeology Group (CAG) may never know the full story as metal detector enthusiasts have made the most of the team’s handiwork…

Crime & Punishment

coin_crime_alert16.) NCIC Crime Bulletin

From the Numismatic Crime Information Center (NCIC):

Stolen Coin

Collector’s Choice out of Virginia Beach, Virginia has reported a theft that occurred during the recent Annandale, Virginia Coin Show. A 1916 Standing Liberty Quarter was taken from their showcase. The coin is pictured below.

obverse, 1916 Standing Liberty Quarter. Image courtesy Collector's Choice, NCIC reverse, 1916 Standing Liberty Quarter. Image courtesy Collector's Choice, NCIC

Vehicle Burglary

On the evening of Friday, June 10, 2016, John Aiello (Educational Coin Co.) was the victim of a vehicle burglary that occurred in West Palm Beach, Florida. The suspects driving a silver 2015 Honda with paper tags smashed one of his vehicle’s windows and removed a currency collection located in the trunk.

The collection included many of the 19th-century U.S. issues, obsolete banknotes from most States, fractional currency and Civil War Confederate currency. There was a large amount of Florida and State of Florida Obsoletes, along with New Jersey, Georgia, and Louisiana.

***

Anyone with information about any of the cases above can contact the NCIC’s Doug Davis at (817) 723-7231 or [email protected]

The Numismatic Crime Information Center is a 501 (c)(3) non-profit corporation. P.O. Box 14080 Arlington, Texas 76094.

www.numismaticcrimes.org

Counterfeit Cavalcade

17.) Glitters, but Not Gold: Fake Gold and Silver Coins ‘Flooding’ Market

In these uncertain economic times, you don’t have to be a miser to consider putting some of your money into precious metals, and gold and silver coins are an easy way to do that.

But this increased demand for bullion coins — like the American Eagle, South African Krugerrand and Canadian Maple Leaf — has created a golden opportunity for forgers…

Auction Results

18.) Pair of 17th century coins fetch £33,000 at auction

A pair of rare coins dating from the reign of Oliver Cromwell and his adversary King Charles II have sold for £22,000 and £11,000 respectively in Penkridge

19.) ‘Silver’ 2p sells for £1,350 – 67,500 times face value

A rare “silver” two pence coin struck in error by the Royal Mint has sold for £1,350 – 67,500 times its face value. The coin was nearly thrown away as a fake after it was discovered in a Poppy Appeal tin last year

Museums & Exhibits

20.) Vanishing Texana Museum features rare Roman coin

The Vanishing Texana Museum isn’t just about Texas – included in its collection are some rare and unusual coins including a Roman token.

One of these tokens is an ancient bronze Roman Imperial coin of the Emperor Gordian III, who ruled the Roman Empire from 238 AD until 244 AD…

21.) A Portrait of Antinous, in Two Parts

Upcoming Auctions & Events

22.) 9th annual Tiftarea Coin and Collectable Show June 17-18

The Tiftarea Coin Collectors Club of Tifton will host their ninth annual Coin and Collectable Show Friday and Saturday from 9 a.m. to 6 p.m. at the Tifton Masonic Lodge, 1480 Kennedy Road.

Admission, appraisals and parking are free…

Worthy Additions to Your Library

23.) The Hellenistic World: Using Coins as Sources

Coinage is one of our key sources for the rich and fascinating history of the Hellenistic world (323–31 BCE). This book provides students of the period with an up-to-date introduction to Hellenistic gold, silver and bronze coins in their cultural and economic contexts

24.) Whitman Releasing Obsolete Paper Money Encyclopedia Vol. 7 June 28

The Whitman Encyclopedia of Obsolete Paper Money is a multiple-volume study of currency issued from 1782 to 1866, before the modern era of National Banks and the Federal Reserve. Over the course of these decades more than 3,000 state-chartered banks issued their own paper money, which facilitated much of the nation’s day-to-day commerce.

In volume seven [Q. David] Bowers, a well-known historian and past president of the American Numismatic Association (ANA), gives the history of 182 towns and cities in the states covered, as well as of the nearly 500 bank in those towns that issued this uniquely American currency

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CoinWeek
CoinWeekhttps://coinweek.com
Coinweek is the top independent online media source for rare coin and currency news, with analysis and information contributed by leading experts across the numismatic spectrum.

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