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Friday, June 25, 2010

6/25 Numismatic Collecting News






Franklin Pierce Dollar Coin Cover on Sale July 1
June 24, 2010 at 9:46 PM

WASHINGTON - The United States Mint will begin accepting orders for the Franklin Pierce $1 Coin Cover at noon Eastern Time (ET) on July 1, 2010.

2010 Franklin Pierce $1 Coin Cover

2010 Franklin Pierce $1 Coin Cover

The limited-edition coin cover, priced at $15.95, includes two circulating quality Franklin Pierce Presidential $1 Coins from the first day of mintage - March 8, 2010, for the United States Mint at Philadelphia, and March 1, 2010, for the United States Mint at Denver.  (...)
Read the rest of Franklin Pierce Dollar Coin Cover on Sale July 1 (299 words)

 

Detecting Counterfeit Coins by Examining Their Denticles
June 24, 2010 at 9:39 PM

This proof 1878 Shield Nickel looks pretty at first glance, but a more careful evaluation reveals that it's a fake. The old saying, "When a thief kisses you, count your teeth," can be applied to the world of business in many useful ways. And when it comes to counterfeit detection, it is also surprisingly apt, offering some very literal and practical advice.

Most classic coins display an ornamental border surrounding their rims, often consisting of beads or, more commonly, denticles ...

Full Article: Counterfeit Detection: The Kissing Thief - Numismatic Guaranty Corporation

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Security When Travelling with Coins
June 24, 2010 at 9:34 PM

During the last week, there were two more stories of dealers being robbed. One occurred in Wichita Falls, Texas and the other in Parisippany, New Jersey. In both cases, the dealers stopped at a restaurant after the show ended, and had their windows broken to take what was in the car. The incident in Wichita Falls also involved an assault on the dealer and his wife.

Earlier this year, a coin dealer was robbed in Acton, Massachusetts after leaving a coin show in Westford. Also, a coin dealer from Jacksonville, North Carolina was robbed in Wilmington when he went to visit someone's home he thought was interested in purchasing coins.

These incidents show that it is time for dealers to step up their security awareness and learn to protect themselves from the risks of robberies. Dealers with store fronts have a lot of options to protect their assets, although some have fatal ramifications. For the dealer who travels to and from shows, the security of their vehicle is very important ...

Full Article: Security Advice When Travelling with Coins - CoinNews

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  1. Planning ahead prepares collectors for security risks – Coin World
  2. PNG Offers Rewards, Security Tips After California Coin Dealer Burglaries

 

Avoiding the Churn in Coin Collecting
June 24, 2010 at 9:31 PM

When talking to collectors, I often find myself giving them advice as to what makes a "good collector." I thought it would be interesting to share some of my thoughts and observations in a series of blogs entitled "Smart Collecting 101." These will run, from time to time, over the next few months.

One of the mistakes that many collectors make is allowing themselves to be "churned;" either by their dealer/adviser or by themselves. Churning is an expression that means too much buying and selling from an account (or in this case a collection) by a salesperson in order to generate profits for the company and commissions for the broker. ...

Full Article: Smart Collecting 101: Avoiding the Churn - RareGoldCoins.com

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Classic Greek Ancient Coins, Part V
June 24, 2010 at 9:29 PM

David Vagi finishes his discussion of some of the most familiar designs of ancient Greek coins in the last of a multi-part series.

1. Celts. Some of the most fascinating coins of the ancient world were struck by Celts and contemporary Iron Age cultures in Spain, Britain and Europe north of the Mediterranean rim. The Celts have long been admired for their ...

Full Article: Ancients: Classic Greek Coins, Part V - Numismatic Guaranty Corporation

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  1. Ancients: Classic Greek Coins, Part IV
  2. Classic Greek Coins: Part III

 

CCAC Meets on Commemorative Coins and Coin Designs June 28
June 24, 2010 at 9:27 PM

The Citizens Coinage Advisory Committee (CCAC) will hold a public meeting at 6:30 p.m. (MT) on Monday, June 28, 2010, at Gaylord Hall, in the Worner Center, on the campus of Colorado College, 902 N. Cascade Ave., Colorado Springs, CO, 80903.

The purpose of the meeting is to conduct business related to the CCAC's responsibility to advise the Secretary of the Treasury on themes and designs pertaining to United States coinage.(...)
Read the rest of CCAC Meets on Commemorative Coins and Coin Designs June 28 (196 words)

 

2010 World Cup Silver Coins on Sale
June 24, 2010 at 9:18 PM

2010 FIFA World Cup Silver CoinThe Royal Canadian Mint announced last week that it has become the exclusive retailer for the 2010 FIFA World Cup Silver Coins produced by the South African Mint to celebrate the renowned international soccer tournament held in its country this year.

The FIFA World Cup has been held every four years since the first tournament kicked off in 1930, with the exception of an interruption in 1942 and 1946 as a result of WWII.

Millions around the world are following the games during the month-long tournament. Millions will watch as the winner is awarded the World Cup Trophy, which is a prominent design feature on the coins...

Full Article: 2010 FIFA World Cup Silver Coins on Sale - SilverCoinsToday.com

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US Mint Gold and Silver Bullion Coin Sales
June 24, 2010 at 9:09 PM

United States Mint numismatic coin sales rose in a few areas last week, but Monday's record gold prices and near $19.50 an ounce level for silver naturally draws investors and collectors more toward gold and silver bullion coins.

The U.S. Mint updated sales figures for those coins Thursday morning, and a few areas draw attention:

  • American Silver Eagles are a stone's throw away from 18 million in sales this year, jumping 809,000 since last Wednesday, June 16, for 2,533,500 this month. Last year's annual record of 28.7 million is clearly within reach. The pace, however, will have to pick up for June to surpass the 3,636,500 sold in May — the highest monthly level since 1986.
  • 1 oz American Gold Eagle bullion coins just topped 600,000. 34,000 more were added since last Wednesday, bringing June's total to 79,500. The one ounce size is now competing with the three smaller 2010 fractional Gold Eagles. Those were released June 3 and now stand at a combined 339,500 for coins leaving Mint doors. Buyers have ordered 132,500 ounces of the four eagles this month. That already places June into the second best of month 2010.

Full Article: US Mint Bullion Coin Sales - CoinNews

Related posts:

  1. American Eagle Bullion Sales Jump in June
  2. Gold Eagle Bullion Coin Sales Mark 5th Best May

 

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