News

CoinWeek News Wire for August 11, 2017: Brain Food, Littleton Theft, China…

CoinWeek News Wire for August 11, 2017: Brain Food, Littleton Theft, China…

By Coinweek ….   CoinWeek News Wire for August 11, 2017:  Brain Food 1.) Rare coins have Holdrege, Colorado link Kinkaid began researching the history of the Lesher Dollar in 1984. In 1992, he hired Holdrege genealogist Sandra Slater as the research director for the project. While Kinkaid said many in the coin hobby don’t […]

CoinWeek News Wire for July 28, 2017

CoinWeek News Wire for July 28, 2017

By Coinweek ….   CoinWeek News Wire for July 28, 2017:  Digital Cash Revolution 1.) UPDATE: “WE ARE DECLARING WAR ON CASH,” BANK SPOKESMAN ANDY GERLT …[A]mong the people championing the convenience of a cashless society are those who use iphones to buy Starbucks coffee. These devotees who will sacrifice freedom for convenience will not […]

North Carolina Joins 35 Other States with Sales Tax Exemption on Coins

North Carolina Joins 35 Other States with Sales Tax Exemption on Coins

By Industry Council for Tangible Assets …..   On Tuesday, July 25, 2017, North Carolina governor Roy Cooper signed into law House Bill 434: Coins/Currency/Bullion Sales Tax Exemption. The law is a complete sales-and-use tax exemption on coins, currency, and precious-metals bullion sales. “The bill’s author, Representative Dana Bumgardner, coauthors Representative Jeff Collins, Representative Mark […]

In Memoriam: Industry Icon Leon Hendrickson Passes Away at 90

In Memoriam: Industry Icon Leon Hendrickson Passes Away at 90

By Charles Morgan and Hubert Walker for CoinWeek …..   Truly a giant in the professional ranks of rare coin dealers. –Jeff Garrett, President of the American Numismatic Association (ANA) and owner of Mid-American Rare Coin Galleries Icon of the rare coin industry and all-around gentleman Leon Hendrickson passed away on Sunday, July 23, 2017. […]

CoinWeek News Wire for July 21, 2017: The Hobby Under Fire, Endangered Cash, & Coin Crime

CoinWeek News Wire for July 21, 2017: The Hobby Under Fire, Endangered Cash, & Coin Crime

By Coinweek ….   CoinWeek News Wire for July 21, 2017:  The War on Cash 2: This Time It’s Personal 1.) ‘CASH ESSENTIAL TO PERSONAL FREEDOM’ – EUROPEANS PUSH BACK The biggest cited concern for respondents was the threat the cash restrictions would pose to privacy and personal anonymity. A total of 87% of respondents […]

Texas Man Arrested for Fraud Involving Rare Coins

Texas Man Arrested for Fraud Involving Rare Coins

Worked for different coin companies in Beaumont over a period of five years By CoinWeek News Staff ….   Last Wednesday on July 12, the United States Attorney’s Office for the Eastern District of Texas announced that 42-year-old Wesley Judy Pollard, Jr. of Beaumont had been arrested earlier that day on allegations of federal mail […]

CoinWeek News Wire for July 14, 2017: The War on Cash

CoinWeek News Wire for July 14, 2017: The War on Cash

By Coinweek ….   CoinWeek News Wire for July 14, 2017:  The War on Cash 1.) Visa Takes War on Cash to Restaurants Visa has long considered cash one of its biggest competitors and has been taking steps to chip away at it. Getting rid of cash is a priority for Visa Chief Executive Al […]

German Police Make Arrests in Theft of 100 Kilo Big Maple Leaf Gold Coin

German Police Make Arrests in Theft of 100 Kilo Big Maple Leaf Gold Coin

No sign of the “Big Maple Leaf”, worth over $4 million US By CoinWeek News Staff ….   Last week, German authorities released closed-circuit surveillance footage of three suspects allegedly responsible for the March 27 theft of the 220-pound “Big Maple Leaf” gold coin from the Bode Museum in Berlin. Ultimately, however, the suspects were […]

CoinWeek News Wire for July 7, 2017: Hamilton, Silver Eagles, Metal Detecting…

CoinWeek News Wire for July 7, 2017: Hamilton, Silver Eagles, Metal Detecting…

By Coinweek ….   CoinWeek News Wire for July 7, 2017: Hamilton, Silver Eagles, Metal Detecting… Brain Food 1.) What Happened When Hamilton Lost the Mint When Hamilton first began studying and reporting on the need for a mint, he and Jefferson were still civil, if not close friends. Politics and rivalry soon divided them, which […]

Iraqi 10,000 Dinar Note Mosque Destroyed by ISIS

Iraqi 10,000 Dinar Note Mosque Destroyed by ISIS

By CoinWeek News Staff …..   On June 21, 2017, retreating ISIS fighters detonated a series of explosive charges that destroyed the Great Mosque of al-Nuri in the heart of Mosul overlooking the Tigris River. The 12th-century structure was built by Nur ad-Din Zangi, a Turkish noble, in the closing decades of the great Seljuk […]

CoinWeek News Wire for June 23, 2017: Gold Coins, Bitcoin, Crime Alert…

CoinWeek News Wire for June 23, 2017: Gold Coins, Bitcoin, Crime Alert…

By Coinweek ….   CoinWeek News Wire for June 23, 2017 Brain Food 1.) Does Japan’s five-yen coin need a foreigner-friendly redesign? The five-yen coin is the only denomination without its value written in numerals. The only indication of its worth is in the kanji characters 五円, which mean “five yen,” and so foreign visitors […]

CoinWeek News Wire for June 16, 2017

CoinWeek News Wire for June 16, 2017

By Coinweek ….   CoinWeek News Wire for June 16, 2017 Brain Food 1.) What’s the Difference Between the Edge and the Rim of a Coin? The edge runs around the entire circumference of the coin, and is the portion that has the reeding on it if it’s a dime or quarter dollar. The rim […]

CoinWeek News Wire for June 9, 2017

CoinWeek News Wire for June 9, 2017

By Coinweek ….   CoinWeek News Wire for June 9, 2017 Brain Food 1.) Vikings knew how to maintain trust in their money By the 880s the Vikings had taken over the territory of all but the West Saxons but they provided their subjugated peoples with money they knew – in the form of imitations […]

CoinWeek News Wire for June 2, 2017

CoinWeek News Wire for June 2, 2017

By Coinweek ….   CoinWeek News Wire for June 2, 2017 Brain Food 1.) Princeton University Now Has Rare Peter Donald Byzantine Coins According to Princeton University Library, there are 5, 280 coins in the Peter Donald Byzantine collection. The London-based numismatic scholar’s items are one of the most comprehensive private collections in the world […]

U.S. Mint Announces Plans to Discontinue Mail Orders

U.S. Mint Announces Plans to Discontinue Mail Orders

On Friday, May 26, the United States Mint today announced that it is discontinuing all mail orders effective September 30, 2017. The Mint will return any mail orders received after September 30 with instructions for placing orders online or by phone. The consumer products industry is increasingly adopting Web-based sales channels, including mobile applications, that […]

CoinWeek News Wire for May 26, 2017

CoinWeek News Wire for May 26, 2017

By Coinweek ….   CoinWeek News Wire for May 26, 2017 Brain Food 1.) How Learning to Love Coins Made the Vikings Modern The Vikings originally traded with precious metals by weight, known as a “bullion economy.” They accepted coins from other nations, but only as their weight value in gold or silver. As the […]

Coin Designer Joel Iskowitz Wins Award for Borinqueneers Congressional Gold Medal

Coin Designer Joel Iskowitz Wins Award for Borinqueneers Congressional Gold Medal

By CoinWeek News Staff ….   The prolific Joel Iskowitz, a Master Designer at the United States Mint, is responsible for over 30 coins and over 16 medals since joining as part of the Artistic Infusion Program in 2005. And, as of May 22, his design for the 2016 Borinqueneers 65th Infantry Regiment Congressional Gold […]

Damaged Rio Olympics Medals Soil Athletes’ Memories of 2016

Damaged Rio Olympics Medals Soil Athletes’ Memories of 2016

About 130 medals rusted, spotted or falling apart By CoinWeek News Staff ….   A lot was made last year of the failure of host country Brazil to properly prepare for the 2016 Summer Olympics in Rio de Janeiro. The water in the swimming pool was green. The Olympic village had weird plumbing issues and […]

CoinWeek News Wire for May 19, 2017

CoinWeek News Wire for May 19, 2017

By Coinweek ….   CoinWeek News Wire for May 19, 2017 Brain Food 1.) Defacing coins like a suffragette Have you ever tried to get into the mind of a suffragette? British Museum curator Tom Hockenhull has… and not in the way you might expect from a numismatist… The Future Is Now 2.) How the […]

CoinWeek Reaches Two Major Milestones: Two Million Video Views & 40,000 Facebook Fans

CoinWeek Reaches Two Major Milestones: Two Million Video Views & 40,000 Facebook Fans

By CoinWeek …..   On Monday, May 15, 2017, CoinWeek surpassed two million views on its award-winning YouTube video channel. CoinWeek’s award-winning videos have brought numismatics to a new generation of collectors, with popular series such as CoinWeek IQ, Cool Coins!, Cool Currency!, and the CoinWeek Podcast. Since CoinWeek’s launch in 2011, our video team […]

One Way or Another: New Legislation Seeks to Change America’s Circulating Coinage

One Way or Another: New Legislation Seeks to Change America’s Circulating Coinage

Two recent Republican bills aim to save taxpayers money By Hubert Walker for CoinWeek ….   Two new pieces of legislation have been introduced (in one instance, reintroduced) to Congress that seek to alter the landscape of our nation’s circulating coinage. COINS Act of 2017 Republican Senators John McCain (AZ) and Michael Enzi (WY) introduced […]

Former Contractor Charged with Theft of Gold from Perth Mint

Former Contractor Charged with Theft of Gold from Perth Mint

By CoinWeek News Staff ….   On April 7, the Perth Mint in Perth, Western Australia, became aware of the possible theft of a one-kilogram gold bar. A security team involved with the Mint investigated the situation and determined that the gold was indeed stolen. The Perth Mint then contacted the Gold Stealing Detection Unit […]

CoinWeek News Wire for May 5, 2017

CoinWeek News Wire for May 5, 2017

By Coinweek ….   CoinWeek News Wire for May 5, 2017 Brain Food 1.) The Krugerrand: Half a century as a store of value The renowned Krugerrand – dubbed the world’s first, most successful and widely-traded gold bullion coin – this year celebrates 50 years since its first minting. It was mainly created to add […]

The Biggest Highlights of Heritage Auctions’ Central States Signature Sale

The Biggest Highlights of Heritage Auctions’ Central States Signature Sale

By Charles Morgan for CoinWeek …..   The 78th annual convention of the Central States Numismatic Society (CSNS) took place from Wednesday, April 26 through Saturday, April 29, and Heritage Auctions served as the official auctioneer. The central States Signature Auction was held in multiple sessions starting on Wednesday and extended beyond the convention itself, […]

CoinWeek News Wire for April 28, 2017

CoinWeek News Wire for April 28, 2017

By Coinweek ….   CoinWeek News Wire for April 28, 2017 Brain Food 1.) The Hidden Science Of The New British Pound Coin There is however one security feature that the Royal Mint are being particularly cagey about, and that is the feature that they deem to make the coins the most difficult ever to […]

British Museum: Exclusive Video of Piano Gold Coin Hoard

British Museum: Exclusive Video of Piano Gold Coin Hoard

By CoinWeek News Staff ….   Earlier this year, the British public–along with the rest of the world–was invited to help solve the mystery of a 913-piece gold coin hoard hidden inside a vintage piano donated to a local community college in 2015. The 91.7% pure gold coins, 633 sovereigns and 280 half sovereigns dating […]

CoinWeek News Wire for April 21, 2017

CoinWeek News Wire for April 21, 2017

By Coinweek ….   CoinWeek News Wire for April 21, 2017 Brain Food 1.) Our money is filthy but mostly harmless Most of the bacteria on American notes were harmless commensals that had flaked off hands, faces and mouths, but there were others that cause acne, strep throat, the H-bug, two species infecting vaginas, and […]

Indiana Church Strikes Gold with Early “In God We Trust” Rare Coin

Indiana Church Strikes Gold with Early “In God We Trust” Rare Coin

An historic 1866 Double Eagle, one of only 10 known examples, survived an attempted theft and was donated to a Valparaiso church. It could now bring $300,000 or more when offered by Heritage Auctions A valuable 19th-century U.S. gold coin featuring one of the earliest uses of the motto “In God We Trust” will help […]

Supreme Court Refuses to Hear Langbord-Switt 1933 Double Eagles Case

Supreme Court Refuses to Hear Langbord-Switt 1933 Double Eagles Case

By Hubert Walker for CoinWeek ….   It may have been Neil Gorsuch’s first day on the bench, but the real news Monday, April 17 (at least for coin collectors) is that the United States Supreme Court declined to hear the Langbord family’s appeal as they attempted to recover 10 1933 double eagle $20 gold […]

NGC 30th Anniversary Red Book Promo

NGC 30th Anniversary Red Book Promo

Numismatic Guaranty Corporation® (NGC®) and Whitman have created a special NGC 30th Anniversary edition of the 2018 A Guide Book of United States Coins, also known as the “Red Book”. Only 2,017 copies of the NGC 30th Anniversary Official Red Book® have been printed. Founded in 1987, this year NGC celebrates its 30th anniversary of […]

 
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